New Hampshire's Business News for March 9

A look at today's business headlines including: why cheap oil gives NH a boost, Groveton's dilemma, how consolidation hurt MHT and Gatsas and Hassan meet about drug crisis.


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Era of cheap oil gives NH an economic boost  Bad news for oil producers is good news for Northeast. – NH BUSINESS REVIEW

Eversource: 'No strings attached' to $2 million investment for Balsams project  Calling it “a real show of good faith,” a spokesman for the Maine developer seeking to revitalize The Balsams resort said the $2 million recently provided by Eversource has already been put to use in finalizing plans for the project and, hopefully, a groundbreaking early this summer. – NH UNION LEADER

Groveton's dilemma: whether to spend tax dollars with no guarantee of attracting jobs  Groveton taxpayers will decide whether to spend money to help provide sewage and water for a privately owned industrial development in the hope of bringing jobs to the hard-luck town. – NH PUBLIC RADIO

Once a lobbyist, state banking nominee says he's now ready to be a watchdog  As a former lobbyist for the New Hampshire banking industry, Jerry Little had little trouble raising money for his 2014 campaign for state Senate. – NH PUBLIC RADIO

How consolidation hurt Manchester airport  With fewer major airlines, passenger traffic has dropped by more than half from 2005. – NH BUSINESS REVIEW

NH 'Auto Dealer Bill of Rights' upheld by high court  A U.S. Supreme Court judge has rejected an effort to put the New Hampshire Auto Dealer Bill of Rights on hold, although the high court could end up hearing an appeal that challenges the 2013 law. – NH UNION LEADER

Gatsas meets with Hassan to discuss drug crisis  Manchester Mayor Ted Gatsas said a private meeting held Tuesday with Gov. Maggie Hassan to discuss the opioid crisis in Manchester and across the state was “productive.” – NH UNION LEADER

Portsmouth PD chief says Uber crackdown coming  Interim Police Chief David Mara said he's "coming up with a plan of action," in response to unregistered Uber drivers in the city, while hinting it could be "akin to a sting operation." – PORTSMOUTH HERALD

Seabrook plant gets good grades for safety  NextEra Energy Seabrook nuclear power plant got good grades in overall safety from the Nuclear Regulatory Commission’s 2015  performance review, but the agency expressed its concerns over progress in organizational issues related to the plant’s concrete degradation problem. – NEWBURYPORT DAILY NEWS

My lunch with Paul Volcker  The former Fed chairman on circumstances of yesterday, today and tomorrow. – NH BUSINESS REVIEW

New kitchen incubator fills a need in central NH  Genuine Local offers cooking space, food safety and marketing services. – NH BUSINESS REVIEW

Dartmouth alum named Colby-Sawyer chief  Susan Stuebner, the current executive vice president and chief operating officer at Allegheny College in PennsylvaniA, will return to the Upper Valley to lead Colby-Sawyer College in New London. – VALLEY NEWS

Portland jetport plan envisions more gates, amenities, passengers  A 20-year plan calls for $312 million worth of upgrades to serve nearly 40 percent more passengers. – PORTLAND PRESS HERALD

House to tackle handful of bills aimed at changing NH election laws  The issue of who should be allowed to vote in New Hampshire has been a matter of conflict for some time but has received more attention after videos released last month claimed to show voter fraud in the state. – NH PUBLIC RADIO

NH House to discuss state rep facing charges  The full House is gathering Wednesday, the first meeting since 30-year-old Republican Rep. Kyle Tasker was arrested last week on three drug charges and one count of using a computer to lure the girl. Police said he tried to meet her, but instead was greeted by law enforcement. – FOSTER’S DAILY DEMOCRAT

DeLemus denied bail, to remain in custody pending trial  A federal judge has denied bail for a Rochester man facing conspiracy charges in connection to his role in a 2014 standoff with federal agents in Nevada. – NH UNION LEADER

Mass. hopes drone industry takes flight here  The state, however, hasn’t shelled out money to encourage the industry’s growth here, unlike others. – THE BOSTON GLOBE

Health and wellness tips for your HR department  Employers who embrace worksite wellness are likely to reap the benefits of better morale and higher profits. – NH BUSINESS REVIEW

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