News

N.H. nets $660k in Merrill Lynch settlement

New Hampshire will receive $660,560 as part of a $26.5 million national settlement with investment firm Merrill Lynch resolving issues of improperly licensed sales associates, the state Securities Bureau said.New Hampshire was part of a multi-state taskforce investigation that began…

What makes Manchester tick?

NHBR’s editors recently met with businesspeople from around Manchester to get their take on how the area’s economy is faring and what their expectations are for the future.The participants were:• Monica Zulauf, executive director, Manchester YWCA• Mike Reed, president, Stebbins…

Gas prices continue to creep up

Prices at the pump in New Hampshire are continuing their march up from last week.As of Wednesday, a gallon of regular gas in Manchester was about $2.75, a penny higher than the previous day and 3 cents higher than last…

CPEX drops Nasulin development

CPEX Pharmaceuticals has abandoned its attempt to develop Nasulin, a nasal insulin spray and one of the company’s key potential products when it was spun off from Bentley Pharmaceuticals in the summer of 2008.The Exeter-based firm buried the news in…

N.H. House has a full plate of bills

Workers with their hours cut should be able to collect unemployment benefits, even though they are still employed.Hospitals and insurers should collectively pay a $250,000 fee to study why the cost of health care is going up.Vendors who repeatedly sell…

A.M. Best affirms MEMIC rating

Credit rating agency A.M. Best has affirmed the rating of MEMIC Indemnity Company, a subsidiary of MEMIC Group of Portland, Maine, with offices in Manchester, of A, according to a release by the insurance company.According to the ratings agency, MEMIC…