Author: NH Business Review Staff

A tale of three constitutional amendments

As the Legislature completed its work on Concord in June 6, three significant constitutional amendments were considered, among other measures. When I wrote the first draft of this column, I expected all three to be passed on to the voters.…

NHBR About Town: The Mall of New Hampshire

Jack Toscano, right, general manager of The Mall of New Hampshire, stands with Manchester Mayor Ted Gatsas. Following an upgrade of its interior seating, the mall has donated 18 benches and cushions to the City of Manchester, which will be…

NHBR About Town: Rotary Club of Hampton

Dan "Desi" Lanio, co-owner of the 401 Tavern in downtown Hampton, was named the Rotary Club of Hampton's Citizen of the Year at a ceremony sponsored by Optima Bank & Trust at Ashworth by the Sea. Lanio was recognized for…

NHBR About Town: St. Mary’s Bank

St. Mary's Bank donated $2,600 to the Central High Association of Music Parents, a nonprofit that supports the music department of Central High School in Manchester, which will be used to purchase two computers for a new student learning lab.…

NHBR About Town: New Horizons for New Hampshire

New Horizons for New Hampshire recently hosted mini "Walks Against Hunger" at each of the four middle schools in Manchester, at which more than $30,000 was raised for the soup kitchen and homeless shelter. Pictured at Hillside Middle School are,…

NHBR About Town: Seacoast Harley-Davidson

Seacoast Harley-Davidson of North Hampton has signed on as presenting sponsor of the 2012 Hampton Beach Seafood Festival. Shown in the photo are, from left, Al Contois, president and general manager, Seacoast Harley: Jude David, general chairman of the festival;…

NHBR About Town: Palmer Gas/Ermer Oil

Pictured at Palmer Gas/Ermer Oil's annual Customer Appreciation Day, at which the family-owned company celebrated its 80th birthday, are, from left, employees Bill Hames, Kerry Valliere, Rick Rushton, owner Bill Ermer, Paul Perry, Arthur DeTora, and Fred Loonie.

NHBR About Town: Northeast Credit Union

As part of a recent promotion to encourage its members to sign up for electronic statements, Northeast Credit Union donated $1,300 to the Center for Wildlife in Cape Neddick, Maine, staff members and interns of which are pictured here with…

NHBR About Town: N.H. Travel Council

The N.H. Travel Council presented awards to leading professionals at the annual two-day Governor's Conference on Tourism. Pictured at the awards ceremony are, from left, George Bald, commissioner of the New Hampshire Department of Resources and Economic Development; Michelle Cota,…

NHBR About Town: Bellwether Community Credit Union

Taylor Levesque, a Manchester resident and recent recipient of the Bellwether Community Champion award, throws out the ceremonial first pitch at a New Hampshire Fisher Cats game on May 12. Levesque was honored during an on-field, pre-game presentation for her…

Q&A with North Country attorney Paul Chant

Ask Paul Chant, the president-elect of the New Hampshire Association for Justice (formerly the New Hampshire Trial Lawyers Association), about the recent documentary film, "Hot Coffee," and he'll tell you it's a story about why calls for so-called tort reform…

Don’t let perfect be the enemy of good

When I worked in corporate finance (a long time ago), we used the philosophy of "measure twice and cut once" as a way to make sure we were careful and thoughtful about our work. It always reminded us to double-check…

Flotsam & Jetsam

Rapid candidate movementNothing apparently gets Republican opponents on the same page faster than the mere mention if the name "Tom Alciere."You may remember Alciere, the former Republican state rep from Nashua who was exposed not long after his election as…

Study measures economic impact of N.H. summer camps

Beyond teaching kids how to water ski, horseback ride and aim for the bull's-eye, summer camps directly contribute $163 million to the New Hampshire economy each year, according to a new economic impact study.And throughout nine states in the Northeast,…

Wells Fargo sues former owner of Dover insurance unit

Wells Fargo Special Risks Inc. says it paid more than $6 million to John G. Gray for his insurance business, employed him and his son Jeffrey for four years, gave him over a year in severance, and then found he…

NHBR About Town: New Hampshire Pediatric Society

Dr. Greg Prazar, chapter president of the New Hampshire Pediatric Society, presents its "Public Citizen of the Year" award to Georgie Clark, coordinator of the Partners in Health program at Families First Health and Support Center in Portsmouth. Since Clark…

‘Inspiring Women’ event set for June 22

"Inspiring Women in Business," a daylong entrepreneurial event featuring workshops, exhibits and networking, will be held from 8 a.m. to 4:30 p.m. Friday, June 22, at SERESC Conference and Training Center in Bedford.Workshops include:• "Think and Act Like a CEO,"…

Judge orders USA Springs lender to fulfill $60m deal

p>A U.S. bankruptcy judge has ordered Swiss financing firm Malom Group AG to hand over the $60 million it had promised to lend USA Springs, the bankrupt company that has sought for more than a decade to build a controversial…

N.Y. bank completes Hampshire First acquisition

With all regulatory and shareholder approvals in hand, Norwich, N.Y.-based NBT Bank has completed its acquisition of Hampshire First Bank, the Manchester-based bank founded in 2006.NBT announced last November it would acquire Hampshire First, with $273 million in assets, in…

Mass. firm to buy Micronetics for $75m

Micronetics Inc., a Hudson-based defense subcontractor and one of the few small public companies still based in New Hampshire, will be acquired by the much larger Mercury Computer Systems Inc. of Chelmsford, Mass., for about $75.4 million, Mercury announced on…

Micronetics ends fiscal year on a high note

Micronetics Inc. ended up its fiscal year with $3.4 million in net income -- 74 cents a diluted share -- more than doubling the net profits it earned in 2011 and continuing its comeback from a disastrous loss in 2009.The…

N.H. GDP growth slowed in 2011

New Hampshire's real gross domestic product growth kept pace with the national rate in 2011, although the state's rate of growth was almost two-thirds lower than a year earlier.New Hampshire's real GDP grew 1.5 percent in 2011, which was also…

Trendslide’s journey to the app store

If you have not read my first post, an introduction to Trendslide, I would encourage you to do so as this piece will build from there.The Trendslide app officially launched in the app store on April 26of this year, but…

5 N.H. firms file for bankruptcy in May

The number of jobs in New Hampshire may be growing in fits and starts, but there is no doubt that the number of bankruptcy filings continues to shrink steadily.Some 343 households and business filed for bankruptcy in May, 19.5 percent…

Flotsam & Jetsam

Disorder in the BettencourtNo doubt it was a Memorial Day weekend to remember for D. J. Bettencourt.Bettencourt -- the Salem Republican who resigned in disgrace as House majority leader on Sunday, Memorial Day Eve, after published reports that he faked…

Why undo the Circuit Court’s achievements?

Less than one year ago, the court system proposed a dramatic restructuring of its trial courts, adopting a business model that we believed held the promise of increased efficiencies, cost savings and improved service to the residents of our state.The…

School-funding amendment would hurt children with disabilities

The right to public education has been critical to the success and progress of people with disabilities in New Hampshire.A few decades ago, children with disabilities were often institutionalized and refused access to the public schools. Today they are not…

Wetlands protection is important for New Hampshire

New Hampshire was among one of the first states in the nation to pass its own legislation to protect wetlands. Often regarded as wastelands, wetlands are actually very important features of the landscape that provide numerous benefits to people and…

Some actually are willing to make tough budget choices

Elected officials face some big fiscal decisions this year. Should cuts in federal income taxes and Social Security taxes be extended? Should "automatic" spending cuts be allowed to take effect next January? If not, what should take their place?No matter…

When investment incentives are misaligned

How do I get paid? It's a good and fair question. It is also one that every client and investor should ask of their financial adviser, banker, politician, attorney and insurance agent - because it is the key to a…

Prescription drug monitoring nears reality in N.H.

The statistics regarding prescription drug abuse in New Hampshire are startling, and the impact is far-reaching on the abuser's family, his or her workplace, and the physician practice treating - and often unknowingly enabling - the abuser. Prescription pain relievers…

How to cure yourself of micromanaging

I'm working with an individual who was hired eight months ago into an office management role for a small company that has been in business 20 years. She is a young, bright individual bringing a management background and new ideas…

Are smart meters spying on you?

As you may know by now, "smart meters" record consumption of electricity in intervals of an hour or less, communicate that information back to the utility for monitoring and billing purposes and enable two-way communication between the meter and the…

Cloud computing is your IT destiny

In the dystopian movie, "Waterworld," the late Dennis Hopper played the Deacon who was leading his followers aboard the rusting hulk of the Exxon Valdez in search of dry land. During one of his "pep rallies" for the faithful, he…

Remembering Gene Savage and Chester College

Upon learning of the death at age 77 of Eugene Savage of Durham, former University of New Hampshire and University System of New Hampshire administrator, teacher, director of admissions, legislative representative and all-around public citizen, Sen. Lou D'Allesandro, himself in…

Shareholders OK sale of Monadnock Bank to Mass. credit union

Monadnock Community Bank of Peterborough is on its way to being acquired by a Massachusetts credit union -- the first publicly traded bank to do so.Shareholders of Monadnock Bancorp Inc. overwhelmingly approved the $6.4 million sale of the bank to…

N.H. fares well in licensing surveys

Two surveys released this week both give New Hampshire relatively high marks when it comes to its licensing requirements and costs.The Institute for Justice, which describes itself as the nation's "only libertarian public interest law firm" surveyed all states' laws…

State ranks high for business friendliness

Just how friendly is New Hampshire to small businesses? Pretty friendly, according to yet another report that ranks the state's small business climate.New Hampshire is the nation's eighth-friendliest state for doing business and the fifth-friendliest state in which to start…

USA Springs auction set for July 20

Anyone want to buy USA Springs' partially finished water bottling plant on the border of Nottingham and Barrington, along with a number of state permits they may or may not stand up to challenges from residents bent on halting its…

Infrastructure contracts up, other construction down

While the total value of contracts signed in April for future construction in New Hampshire presented a mixed picture, there was a significant bright spot - contracts for highways, bridges and other infrastructure.All told, according to data supplied by McGraw-Hill…

GT Advanced Technologies reports another rise in profits

GT Advanced Technologies' revenue and profits keep on growing, albeit at a slower rate, but there are concerns about the future if economic troubles in the alternative energy field and increasing trade tensions with China continue, according to the firm's…

Realtors: N.H. home sales remain on upswing

Home sales in New Hampshire continued to increase in April, further evidence that the state's residential real estate market may indeed be rebounding.But the median price of those transactions remains on a downward slide, according to data released by the…

Home Depot overtime lawsuit denied class action status

A multi-state lawsuit against Home Depot for allegedly not paying its workers overtime has been split up, meaning the two New Hampshire plaintiffs will have to stand on their own against the Atlanta-based corporation.The original suit, filed in Connecticut June…

BIA plans June business roundtables

The Business and Industry Association's annual policy development process begins June 14, kicking off a series of 10 roundtable discussions with business and opinion leaders around the state.The roundtables are an open forum for business leaders to talk about their…

New Canadian duty-free rule seen as boon to N.H.

An increase in duty-free allowances for Canadian visitors to the United States could help boost cross-border shopping in New Hampshire and other border states this summer to levels not seen in two decades, according to a top Canadian economist."Canadians will…