News

Main Street director takes D.C. post

Kathy La Plante, longtime Director of the New Hampshire Main Street Center, is leaving her post next month to take a job with the National Trust for Historic Preservation. La Plante, the organization’s only director since its founding some 10…

Deadline nears for SBA disaster loans

Businesses affected by last spring’s flooding have one more month to submit applications for federal Economic Injury Disaster Loans from the Small Business Administration. In a statement the agency said the filing deadline for the loans is April 23. Eligible…

5 White Mts. execs paid $30m in '06

White Mountains Insurance Group paid five of its top executives almost $30 million in cash and equity in 2006, according to a filing turned in last Friday with the Securities and Exchange Commission. Outgoing Chief Executive Officer Steve Fass’ package…

Ex-Citizens Bank N.H. head to retire

Robert Gormley, president of Citizens Bank New Hampshire in the late 1990s, has announced plans to retire this summer as vice chairman in charge of risk management for Citizens Financial Group, the bank’s parent company. Gormley, who has spent 37…

House votes to extend bar hours

New Hampshire bars may soon likely not be filled with cigarette smoke, but they may be allowed to stay open an hour later. The House voted Wednesday to allow bars to stay open until 2 a.m., despite warnings that the…

Unitil to drop rates May 1

Customers of Unitil will see an electric rate decrease on May 1, the Hampton-based utility announced Tuesday. Competitive contract negotiation led to the lower wholesale electricity prices, which Unitil will pass along to customers, the utility said. Under the new…

Debt crisis may loom for Pennichuck

Pennichuck Corporation may have had had a good fourth quarter, but it faces a looming debt crisis over the next three years, according to a filing with the Securities and Exchange Commission. In a press release, Pennichuck trumpeted a fourth-quarter…