News

A bill that would increase the state excavation tax from 2 cents to 50 cents a yard looks like it may be buried after lobbyists for the industry showed up in state House Municipal and County Government Committee on Tuesday.…

New Hampshire had the second-largest decrease in manufacturing jobs among the six New England states in 2006, according to a recently released manufacturing directory. The number of manufacturing jobs in New Hampshire fell by 2.5 percent in 2006, the 2007…

A buyout offer by retail real estate investment firm Simon Property Group and hedge fund Farallon Capital has sent mall developer The Mills Corporation back into negotiations with the firm whose takeover offer Mills previously accepted. The Simon-Farallon offer of…

Portsmouth-based Bottomline Technologies posted a net loss of more than $2 million, or 9 cents a diluted share, in the quarter ending Dec. 31. The quarterly loss brings the total loss for the first half of the firm’s fiscal year…

Organizers say a free Small Business Resource Clinic planned for March 1 will help participants start, grow and succeed in business. A collaboration between the state Division of Economic Development, the Small Business Administration and BUZGate.org, the clinic will be…

The Securities and Exchange Commission has filed civil charges of securities fraud against 10 former Cabletron Systems and Enterasys Networks officials, including former Chief Executive Officer Piyush Patel and former Chief Financial Officer David Kirkpatrick. The 51-page complaint alleges that…

Insurance companies will have to get it in writing if a customer waives umbrella coverage for uninsured motorists - otherwise the customer will be automatically covered - under a measure approved by the state Senate on Thursday. Senate Bill 38,…

Former Enterasys Networks executive Gary Workman has agreed to pay $225,000 to settle a civil complaint with the Securities and Exchange Commission, which charged that he conspired to inflate revenue starting even before the company was spun off by Cabletron…

Thermo Fisher’s fourth corner and annual earnings dropped sharply because of costs resulting from the merger of Massachusetts-based Thermo Electron and New Hampshire-based Fisher Scientific, even as the size of the company - both in terms of revenue and assets…

The Timberland Company announced Thursday that two senior managers will be leaving the company and that it would be laying off 50 employees. The firm also reported an 18 percent decline in fourth-quarter profits. According to a company statement, Chief…