News

Q&A with: Freudenberg exec Leesa A. Smith

Leesa A. Smith is president of Freudenberg North America Limited Partnership, coordinating services affecting more than 6,000 employees at 15 companies. She was recently appointed the North American (and only female) representative to the international firm's global executive team.NHBR interviewed…

House panel OKs return of payday loans

Complaints against payday and other high-interest small lenders nearly doubled in New Hampshire after they were effectively banned from the state in July 2010 -- a statistic that supporters seized on Wednesday in moving forward a bill that would bring…

House panel endorses naturopath mandate

Republican members of the House Commerce Committee bucked their leadership Thursday and voted 15-5 to endorse a health insurance mandate requiring insurance companies to cover people who use naturopathic practitioners as primary care physicians.If the bill is approved, the insurance…

Brooks Properties owner sued over jet loan

A financing company has sued "self-made" businessman Harold J. Brooks, founder of Brooks Properties in Salem, for more than $2 million over a loan to buy a private jet.Connecticut-based VFS Financing Inc. charges that Brooks personally guaranteed a $4.77 million…

White Mts. in second stock buyback

For the second time in two months, White Mountains Insurance Group will be buying back shares in a "modified Dutch auction."Under the auction, which started Monday, a shareholder can name his or her price -- between $385 and $425 --…

Future construction numbers continue to fall

Total future construction contracts in New Hampshire continued their troubling year-over-year downward trend in August.Future construction contracts totaled $93.3 million in August -- a 27 percent drop from the $127.1 million recorded in August 2010. Still that was an increase…

House panel mulls reviving payday loans

"Usury is in the eye of the beholder," said John Hunt, R-Rindge, chairman of the House Commerce Committee, as his panel on Tuesday considered allowing high-interest payday loans in New Hampshire once again.House Bill 160 refers to them as "installment…