News

In the end, Scott Farah was judged the mastermind of the Financial Resource Mortgages Inc. Ponzi scheme and was sent straight to a 15-year prison term -- five more years than federal prosecutors sought.But U.S. District Court Judge Paul Barbadoro…

Hampton-based Unitil Corp. has declared a quarterly dividend of 34.5 cents per share, payable Feb. 15 to recorded shareholders as of Feb. 1, the company announced.Unitil officials said the dividend results in a current effective annual rate of $1.38 per…

Scott David Farah, mastermind of the Financial Resources Mortgage Inc. Ponzi scheme, told lenders the day before his sentencing for wire and mail fraud, that he never intended to steal their money.He insisted he didn't have "criminal intent," although he…

Award-winning human services executive and author Paul Boynton is working with a team of state and private sector partners to give unemployed New Hampshire citizens access to the tools and resources they can use to return to the workforce.His message:…

Algonquin Power & Utilities Corp. has received approval on the renewal of a $142 million, three-year secured revolving credit facility, enabling it to take the next step in its plans to purchase two utility companies in New Hampshire.Algonquin's wholly owned…

Fitch Ratings has assigned an "A" rating - or high credit quality -- to Concord Hospital's $50 million of series 2011 revenue bonds, which are issued by the New Hampshire Health and Education Facilities Authority.The credit ratings agency also gave…

The federal Small Business Innovation Research program is once again facing possible extinction -- a fate New Hampshire U.S. Sen. Jeanne Shaheen has been working hard to prevent.A stopgap measure last year temporarily saved SBIR, along with the Small Business…

The New Hampshire Attorney General's Office was preparing a case against an appraiser for Financial Resources Mortgage Inc. nearly three years before the Meredith company's massive Ponzi scheme collapsed, according to an e-mail from Maine's attorney general.The case was against…

A $6.6 million revolving fund that provides low-interest loans and grants to New Hampshire businesses and nonprofits to finance energy improvements has completed its first round of lending.In partnership with the New Hampshire Community Loan Fund, the Community Development Finance…