New Hampshire's Business News for July 11

A look at today's top business headlines, including: Business groups racked up wins in an almost cordial 2016 legislative session, delay in NH electricity market changes could cost consumers millions, nuke, oil generators complain to feds about state gas ‘pipeline scheme,’ governor's $8 million job training initiative faces delays, Sanders to join Clinton in Portsmouth Tuesday


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Business groups racked up wins in an almost cordial 2016 legislative session  By the end of the session, a Democratic governor signed into law some 330 bills passed by a Republican House and Senate in the 2016 legislative session. Half of them directly affected business, nearly all with support, or the tacit approval, of business advocates. – NH BUSINESS REVIEW

Delay in NH electricity market changes could cost consumers millions  New England electricity customers are on the hook for millions more than necessary to guarantee an adequate energy supply, and regulators have a plan to correct that over the next three years - a move that critics say will cost consumers $1.4 billion in unnecessary energy supply costs. – NH UNION LEADER

Nuke, oil generators complain to feds about state gas ‘pipeline scheme’  Two New England power suppliers have asked federal regulators to intervene in state plans for expanding natural gas pipelines serving New England’s increasingly gas-dependent power grid. – BANGOR DAILY NEWS

Governor's $8 million job training initiative faces delays  In February, Democratic Gov. Maggie Hassan announced a new $8.3 million initiative aimed at helping low-income people find good-paying jobs. – FOSTER’S DAILY DEMOCRAT

Medical device tax affects small businesses  In 2013, one Affordable Care Act component taking effect — a medical device excise tax — imposed a new financial burden on American Laboratory Products Co. – NH UNION LEADER

Androscoggin chamber holds informational sessions to promote Camp RZR  Polaris this spring announced it is moving its Camp RZR East from Huntsville, Tenn., to Jericho Mountain State Park in Berlin on Sept 23-24. The event, created as a way for Polaris to thank its customers, is expected to attract as many as 10,000 ATV enthusiasts to northern New Hampshire. – THE BERLIN DAILY SUN

Dean Kamen's new Luke arm a game changer  Mobius Bionics LLC, a new medical device company, has picked Universal Instruments Corp. of Binghamton, N.Y., to serve as the contract manufacturer for the Luke arm, the first prosthetic arm cleared by the U.S. Food and Drug Administration. – NH UNION LEADER

Keene Wendy's franchise part of nationwide data hack  A Keene franchise of the restaurant Wendy’s was hacked by cyber criminals as part a nationwide security breach targeting customers’ payment information, the company announced Friday. – THE KEENE SENTINEL

John Paul Jones House rehab brightens Portsmouth  The John Paul Jones House and Museum is indeed beautiful – both outside and inside – thanks in part to recent structural work completed with help from a $40,000 grant in 2014 from the New Hampshire Land and Community Heritage Investment Program. – NH UNION LEADER

Dover brewery raises a glass to community  The 7th Settlement brewery offers many choices of handcrafted beer and food in Dover, but most of it all it offers a lesson in top-to-bottom sustainability. – NH BUSINESS REVIEW

Small-town gamer wins attention of big-time sellers  Last month, The Game of 49 hit shelves in roughly 2,000 Target stores around the country — a rare feat for a game without the backing of a major company, which was funded via Kickstarter and sold out of a Nashua living room at first. – NH UNION LEADER

Manchester chief: 'Vitriol' from Obama, media led to violence against officers  Manchester Police Chief Nick Willard says vitriol directed at law enforcement from the White House, politicians, and the media is to blame for putting officers' lives in danger. – NH PUBLIC RADIO

Gun violence is our responsibility  The perpetrator of the deadliest mass shooting in our country’s history could’ve bought any gun, but he didn’t. He bought a Sig Sauer MCX, manufactured right here in New Hampshire. – NH BUSINESS REVIEW

Ayotte to give national security speech in Manchester  Republican Sen. Kelly Ayotte will deliver a speech on confronting the Islamic State and terrorism. – NH PUBLIC RADIO

Sanders to join Clinton in Portsmouth Tuesday  Vermont Senator Bernie Sanders will join Democratic rival Hillary Clinton for a campaign event in Portsmouth Tuesday, Clinton's campaign announced Monday morning. Speculation is Sanders will formally offer his endorsement of the presumptive Democratic presidential nominee, though there’s been no official confirmation of that yet. – NH PUBLIC RADIO

Aerosmith guitarist hospitalized after collapsing during show  Aerosmith guitarist Joe Perry was taken to a hospital after he was forced to leave the stage while performing in New York City. – WMUR-TV

Oil falls further under $50 on Asia demand concern  Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs. – REUTERS

Does your advisor meet the fiduciary standard? New federal rule sheds light on what investors should look for when getting financial advice. – NH BUSINESS REVIEW

 

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