News

The New Hampshire Senate Energy Committee voted 4-0 Tuesday to back a House bill that delays until at least June 30, 2008, the long-deferred sale of Public Service of New Hampshire’s power-generating facilities. Current law would force divestiture of the…

As their client awaits sentencing for his role in a $300 million fraud that bankrupted American Tissue Incorporated, lawyers for former CEO Mehdi Gabayzadeh say they plan to ask for lighter punishment because they say he is rapidly losing weight…

A Nashua-based creator of language-learning software has introduced a way to ensure that viewers’ enjoyment of the 2006 Winter Olympics is not hindered by a language barrier. Transparent Language has made it possible for winter sports enthusiasts to download -…

The Timberland Company of Stratham and New Hampshire Ball Bearings of Peterborough have joined the Facility Reporting Project, a new initiative of the Boston-based Ceres coalition, which is aimed at improving sustainability reporting and environmental performance at individual facilities across…

Riverstone Networks says it plans to sell off its assets for $170 million to Lucent Technologies as part of a Chapter 11 bankruptcy reorganization, the company announced Tuesday afternoon. Both companies said they hope that the deal can be finalized…

Tom Walsh, founder of Ocean Properties Limited, will be honored for his achievements in and contributions to the hospitality management industry when he is given the University of New Hampshire’s inaugural Hotelier of the Year Award next month. Established in…

The 2006 Eastern Region Malcolm Baldrige Awards Conference for the eastern region will be held September 21 at the Sheraton Nashua Hotel in Nashua. Senior leaders and other representatives of award recipient organizations in health care, education and business will…

Shopping mall operator Simon Property Group Inc. on Monday said its funds from operations - or FFO, a key real estate measure - rose 9 percent in the last quarter, helped by increased occupancy and rental income. The company posted…

What started out as a bill to crack down on home improvement contractors has morphed into a bill that could allow contractors to press charges against unscrupulous homeowners. The state Senate last week amended House Bill 177, which was originally…

White Mountains Insurance Group is hiring California-based consultant Thompson Hutton to be chief executive officer and president of the company’s major reassurance subsidiary, White Mountains Re Group. Hutton will be taking over the subsidiary from Steve Fass, who serves as…