News

Two key federal small-business innovation programs have once again narrowly eluded shutdown, but a long-term solution remains elusive.The Small Business Innovation Research program, or SBIR, and the related Small Business Technology Transfer, or STTR, program have received another temporary appropriation…

ProPhotonix Ltd.- formerly StockerYale Inc. - has hired a new adviser in its quest to raise capital from AIM, the London-based stock exchange.The Salem-based manufacturer of LED systems and laser modules, has been focusing on England and Ireland in the…

Merrimack-based GT Solar posted a net income of $51.9 million, or 41 cents a share in the last quarter, bringing its net income for the fiscal year to $175 million, or $1.24 a share, with a backlog of $1.2 billion,…

An assistant Rite Aid store manager from Alstead is launching a class action suit against the pharmacy chain on behalf of all assistant store managers in the state, claiming they were not paid overtime for working more than 40 hours.In…

A recently released report finds New Hampshire is among the states with the lowest consumer financial distress.The Granite State ranked 42nd among the 50 states and Washington, D.C., making it among the nine states with lowest level of financial hardship…

New Hampshire's evenues are on track to be more than $54 million short of the amount projected in the current state budget, according to the Josiah Bartlett Center for Public Policy, whose president warned that "the budget outlook has to…

Merrimack-based lifestyle retailer Brookstone has announced its first quarter ended with a net loss of some $19 million -- $4.4 million lower than the net loss of $23.4 million reported in the same quarter a year ago.Sales of $80 million…

White Mountains Insurance Group has sold off its Esurance and Answer Financial subsidiary to Allstate Corp., for an estimated $1 billion in cash. The deal is expected to close in the fall, the companies announced Wednesday.The White Mountains conglomerate -…

The latest figures from the New Hampshire Department of Economic Security have placed the state's April unemployment rate at 4.9 percent - approaching levels that haven't been seen in more than two years.April's 4.9 percent is a drop of 0.3…