News

Presstek Inc. will slash its workforce in an attempt to regain profitability after posting a third-quarter loss of more than $5.4 million, the company announced Monday.The printing equipment company, which employs 130 people in Hudson and 450 overall, would not…

Lynn Tilton, CEO and principal of Patriarch Partners LLC -- the firm that brought the former Fraser Papers mill in Gorham back to life -- will speak on "How to Save American Manufacturing" at the ninth annual New Hampshire Advanced…

New Hampshire's bankruptcy crest, which began in the spring of 2009, has now subsided. Ever since May, the number of filings in 2011 has not just been lower than last year's, but below 2009 filings as well. And in October…

A bill that would let entrepreneurs sell ownership stakes in their companies through crowdfunding websites and other online social networks has been overwhelmingly approved by the U.S. House.Earlier this month, members of the House voted 407-17 in favor of HR…

Ezenia, the Nashua software company that filed for Chapter 11 bankruptcy protection at the end of September, is claiming assets of $2.5 million and debts of close to $900,000, according to subsequent filings.But on closer examination, the largest asset --…

GT Advanced Technology's second-quarter profits and revenue declined compared to last year at the same time, and the company has revised its guidance downward, but GT still has a $2.1 billion backlog of orders.The Merrimack-based maker of material and equipment…

Larger businesses in New Hampshire could get a big break in their business profits tax bill if a measure passed by the Senate Ways and Means committee becomes law.Senate Bill 155 would allow businesses to increase their maximum annual deduction…

Robert and Gary Bahre, former owners of New Hampshire International Speedway and the Oxford Plains Speedway in Maine, and a New York real estate firm are the largest owners behind the casino under construction in Oxford, according to documents released…

PC Connection posted net income of $9.4 million, or 35 cents a share, in its third quarter ending Sept. 30, up slightly from the $8.6 million posted during the same quarter last year.That brings profits at the Merrimack-based firm to…

GT Advanced Technology is employing a "continued strategy of competition by litigation" in filing a "frivolous" and "completely false and baseless" lawsuit against Poly Plant Project Inc. last week, the Burbank, Calif., company said in a Monday morning press release."This…