New Hampshire's Business News for March 23

A look at today's top business headlines including: why Medicaid expansion is important for NH, NH's tie to the terror attacks in Brussels, one of the lowest snow seasons on record, Q Burke lays off 180 workers, and what a rising sea level means for Brown's Lobster Pound and other seacoast businesses


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Senate committee to take up Medicaid expansion plan As New Hampshire’s Legislature moves toward reauthorizing the state’s Medicaid expansion plan, several Republican lawmakers raised concerns Tuesday about the program’s effectiveness. – CONCORD MONITOR

Why Medicaid expansion is so essential It gives all NH residents access to mental health care and substance abuse and addiction treatment. – N.H. BUSINESS REVIEW

Increase in NH storeowners’ lottery bonus weighed If someone walks into your corner store and walks away with a $160 million lottery ticket, your takeaway as the storeowner is capped at $30,000, the lowest such retail lottery cap in the United States  -- N.H. BUSINESS REVIEW

BELGIAN TIES: Locals horrified by attacks Linda Hagan, owner of Jewelry Creations on Central Avenue, has been traveling to Brussels regularly for the past 30 years.  – FOSTER’S DAILY DEMOCRAT

Sturm, Ruger under pressure From New York public advocate New York’s public advocate is pushing regulators to investigate the gun maker Sturm, Ruger & Company’s disclosures to investors about the risks it faces. – THE NEW YORK TIMES

Sierra Club: Delay Fast Vote on Mt Sunapee Expansion They strongly oppose the plan, just released last week, that would allow a Real Estate Investment Trust to expand the Mount Sunapee Ski Resort.  – INDEPTH NH

Concord ties previous lowest snow season record The 2015-2016 season has tied the previous low, according to the National Weather Service.  – CONCORD PATCH

Q Burke resort lays off 180 workers The ski resort blames the state and warm weather for the reduction in force. -- VT DIGGER

Maine tourism spending in 2015 topped $5.65 billion, a record The industry was buoyed by increased recreation spending and lodging sales. – PORTLAND PRESS-HERALD

Report: Seacoast should plan for sea level rise The highest tides at Seabrook Beach flood Brown’s Lobster Pound’s dining room floor a couple times a year. – HAMPTON UNION

Packed house expected for Merrimack water meeting tonight Some of the results detected various amounts of a chemical previously used in Teflon that is associated with certain illnesses, and once used at Saint-Gobain Performance Plastics in Merrimack. – N.H. UNION LEADER

York Athletics: Back to the future for this family shoe business Travis York found a way to revive the spirit of his late grandfather, Henry Spaulding, by way of his latest business venture, York Athletics Mfg.  – MANCHESTER INKLINK

Lake Sunapee Bank opens Concord branch This is Lake Sunapee Bank’s first full service branch in the capital.  – CLAREMONT EAGLE TIMES

Thermo Fisher, Origin Tech vie for Affymetrix shareholder votes Thermo Fisher Scientific Inc. sent a letter to Affymetrix Inc. shareholders on Tuesday, reiterating its argument that its $1.3 billion agreement to acquire the U.S. gene-testing company is superior.  – N.H. UNION LEADER

Former tanning salon manager faces new sex assault charges A former Salem tanning salon manager who had his convictions thrown out more than a decade ago for making sexually explicit remarks to female customers is facing new charges.  – SALEM OBSERVER

Trial canceled in animal cruelty case against Keene businessman The case against a Keene businessman accused of kicking and killing a neighbor’s family dog has been canceled.  – KEENE SENTINEL

NH Industries begins moving process Premier pulley and machine parts maker New Hampshire Industries is getting ready to move into an existing 137,000-square-foot building in Claremont to begin operations with as many as 70 new employees. – CLAREMONT EAGLE-TIMES

Paper makers overwhelmingly approve new contract Papermakers overwhelmingly approved a new one-year contract with Gorham Paper and Tissue.  – BERLIN DAILY SUN

NHBR Featured Event: Dr. Daniel Cooper Speaks Dr. Daniel Cooper, Senior Economist and Policy Advisor at the Federal Reserve Bank will speak about monetary policy and the role of the Federal Reserve.  Free.  Today, late afternoon, in Plymouth.

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