News

Maine Gov. Paul LePage announced Tuesday that the state and Brookfield Asset Management have inked a deal with Portsmouth, N.H.-based Cate Street Capital to buy the Katahdin Paper Co. mills in Millinocket and East Millinocket.Cate Street, which develops green energy…

Good news for Granite State fashionistas --- the luxury-clothing retailer Saks Fifth Avenue has announced that it will open an off-price department store in the new Merrimack Premium Outlets next year.The outlet store will be New Hampshire's first Saks Fifth…

Good news for Granite State fashionistas: The luxury-clothing retailer Saks Fifth Avenue has announced that it will open an off-price department store in the new Merrimack Premium Outlets next year.The outlet store will be New Hampshire's first Saks Fifth Avenue…

Lake Sunapee Bank appears to be the second New Hampshire bank to take advantage of the Small Business Lending Fund, a U.S. Treasury program that's a successor to the controversial Troubled Assets Relief Program.New Hampshire Thrift Bancshares Inc., the holding…

Residential home sales in New Hampshire in July rose 29 percent over the same month last year, but the sharp rise might have more to do with the expiration of the first-time homebuyer credit last June than it is evidence…

The Securities and Exchange Commission has a case against Eric Jaeger - Cabletron Systems' former vice president and top attorney -- for falsifying books and participating in a scheme to inflate revenue, federal Judge Steven McAuliffe ruled last week in…

USA Springs has cleared the last major hurdle in bankruptcy court, thanks to a $16.6 million advance from Malom Group, its newfound Swiss financier, enabling it to pay off creditors who might object to the $60 million reorganization plan by…

A looming federal deadline coupled the usual Washington deadlock could stall the state highway program, which is already low on gas.Two key transportation-related statutes are set to expire at the end of September - one that allows the federal government…

Profitability has been on the rise for New Hampshire banks over the past few years, but it's still significantly shy of pre-recession levels.The Federal Deposit Insurance Corp. on Tuesday released its banking performance summary for the second quarter ending June…

GT Advanced Technologies has acquired Confluence Solar Inc., a three-year old privately held Missouri company, in an $80 million cash deal that will give the New Hampshire-based firm the technology to enable it to manufacture furnaces that more efficiently make…