News

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…

The Department of Defense has certified a Concord-based National Guard emergency team, which is equipped with technologies to detect chemical, biological and nuclear weapons. Two teams, dubbed Weapons of Mass Destruction-Civil Support Teams - one based in Concord, the other…

The Stratham-based Timberland Company has entered into a licensing agreement with workwear manufacturer Block Corporation to produce a new line of apparel, which will be introduced this fall. The new clothing will be part of the Timberland Pro line and…

Keene-based Peerless Insurance is teaming with LoJack Corporation in a joint effort to help construction customers combat job-site crime. Peerless reported that, according to the National Insurance Crime Bureau, or NICB, organized crime rings are the driving force behind an…

The federal Department of Labor has given final approval to a long-awaited new Job Corps Center in Manchester. When completed, the center is expected to serve 500 students, 300 of whom would live on campus. It will provide academic assistance,…

With an increase in the state minimum wage apparently a foregone conclusion, the real issue is what happens to workers whose wages are mostly based on tips. House Bill 514 - introduced by Rep. Marjorie Smith, D-Durham, who chairs the…