News

BAE sets sights on Manchester firm

BAE Systems has announced plans to acquire Oasys Technology, a Manchester-based high-tech firm.In its announcement, the defense contracting giant didn't disclose the purchase prices, but he Web site Proactive Investors put the cost at $25 million, with another $30 million…

Judge OKs USA Springs bankruptcy plan

USA Springs has taken another step in its effort to climb out of bankruptcy and obtain the necessary financing to finish its controversial water bottling plant in Nottingham.A federal bankruptcy judge last week approved a revised plan for the company…

H-1B basics: hiring foreign nationals

If your company is recruiting professional employees and you are considering employing a foreign national, H-1B visas are available this fiscal year to hire those employees.The H-1B visa allows professional people working in specialty occupations to work for businesses in…

Ocean Bank to take People's name

The Ocean Bank name, which was first used in 1854 by a bank in Kennebunk, Maine, and has replaced the name of more then a dozen New Hampshire banks in various mergers over the last two decades, will be no…

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…