New Hampshire Business Review - October 7 2011

Brooks Properties owner sued over jet loan

A financing company has sued "self-made" businessman Harold J. Brooks, founder of Brooks Properties in Salem, for more than $2 million over a loan to buy a private jet.Connecticut-based VFS Financing Inc. charges that Brooks personally guaranteed a $4.77 million…

White Mts. in second stock buyback

For the second time in two months, White Mountains Insurance Group will be buying back shares in a "modified Dutch auction."Under the auction, which started Monday, a shareholder can name his or her price -- between $385 and $425 --…

Future construction numbers continue to fall

Total future construction contracts in New Hampshire continued their troubling year-over-year downward trend in August.Future construction contracts totaled $93.3 million in August -- a 27 percent drop from the $127.1 million recorded in August 2010. Still that was an increase…

House panel mulls reviving payday loans

"Usury is in the eye of the beholder," said John Hunt, R-Rindge, chairman of the House Commerce Committee, as his panel on Tuesday considered allowing high-interest payday loans in New Hampshire once again.House Bill 160 refers to them as "installment…

House panel mulls reviving payday loans

"Usury is in the eye of the beholder," said John Hunt, R-Rindge, chairman of the House Commerce Committee, as his panel on Tuesday considered allowing high-interest payday loans in New Hampshire once again.House Bill 160 refers to them as "installment…

Rosenberger leaves top FairPoint post in N.H.

Teresa Rosenberger, FairPoint Communications' New Hampshire state president since January 2010, has stepped down from the job.Rosenberger, who was responsible for overseeing regulatory matters, governmental relations, public relations and economic development for the company, will be returning to the Manchester-based…