News

David Kirkpatrick, chief financial officer of Cabletron Systems for more than a decade, said through his attorneys that civil charges by the Securities and Exchange Commission alleging tthat he engaged in a conspiracy to inflate revenue while Cabletron was being…

Charges that former Cabletron Systems Chief Executive Officer Piyush Patel engaged in securities fraud while splitting up the former Rochester-based company are not specific enough and should be dismissed, according to Patel’s attorneys in a motion filed Friday in U.S.…

New Hampshire is among 48 states that will receive part of a $3 million settlement with Internet service provider AOL. An investigation by New Hampshire and the other states, as well as the District of Columbia, alleged that AOL provided…

Net income for New Hampshire Thrift Bancshares Inc., holding company for Lake Sunapee Bank, fell 24 percent for the second quarter of 2007, the company reported Monday. The company said consolidated net income was $2.1 million. or 48 cents per…

Thermo Fisher Scientific no longer has to maintain former Fisher Scientific directors on its board The board deleted the requirement spelled out in its bylaws that was included as part of the deal last year when the Waltham, Mass.-based Thermo…

Consumers who want to appeal denial of health insurance will no longer have to use the insurance company’s definition of “medical necessity.” The Legislature, in a bill that goes into effect today, has now put the definition into statute. In…

Say goodbye to the cod-fishing industry off in Georges Bank. Farewell to hardwood logging in the White Mountain National Forest. Forget about the ski and snowmobile industries in the Granite State. And few tourists would be shopping at Hampton Beach’s…

If all goes as planned, New Hampshire’s Loon Mountain will have two new chairlifts ready to take skiers and boarders into new territory this winter. Plans are in place to construct two new chairlifts at Loon and nearby South Peak…

The state’s new renewable portfolio bill went into effect July 10, but utilities won’t be required to buy alternative energy for some time to come. Under the complex House Bill 873 - passed by lawmakers in April and signed by…

Verizon Wireless has announced the installation of two new cell cites in New Hampshire. The new cell towers are located along Routes 4 and 202, increasing coverage in Barrington, Northwood and surrounding areas. The new installation follows $318 million of…