News

R&D tax credit revival urged

Several trade associations have voiced support for a Senate bill that would restore a research and development tax credit against the business profits tax. SB 380, sponsored by Sen. Bob O'Dell, R-Lempster, would let a firm take a research and…

Senate OKs collections bill

The state will contract out collection of $6 million in bad debt if House Bill 153 makes it into law. The House passed the bill last year and the Senate finally passed it on Wednesday, amending it to put the…

2004 N.H. workforce deaths tallied

Workforce fatalities in New Hampshire accounted for 9 percent of on-the-job deaths in the New England region during 2004, with the highest number of losses occurring in the construction industry, according to federal Department of Labor statistics. Of the 15…

Chittenden earnings rise

Chittenden Corporation, the Vermont-based parent company of Ocean National Bank in New Hampshire , earned a record $83 million in fiscal year 2005, an 11 percent increase, the company announced Thursday. Earnings were $1.77 per diluted share, with some $21.8…

Lake Sunapee parent declares dividend

New Hampshire Thrift Bancshares, the parent corporation of Lake Sunapee Bank, has announced a quarterly cash dividend of 12-1/2 cents per share payable January 31. Through its wholly owned subsidiary Lake Sunapee Bank, a federal stock savings bank, Newport-based New…

Microgy wins Texas deal

A Portsmouth company instrumental in the development of technology used to extract energy from farm animal waste, is once again being tapped by a West Coast natural gas company. Microgy Inc., a wholly owned subsidiary of Environmental Power Corp., has…