New Hampshire's Business News for Aug. 16
A look at today's top business headlines, including: Supreme Court opens door for Northern Pass intervenors; 145-room hotel planned near Verizon Wireless Arena; Loan default seen after Performance Sports Group filing delay; NH's Seacoast prepares for a rising sea in surprising ways; Sentencing in Isaacson case pushed back again
Supreme Court opens door for Northern Pass intervenors to join Concord’s appeal The state Supreme Court has opened the door to all Northern Pass intervenors to join the city of Concord’s appeal of its forced grouping with other communities in the Site Evaluation Committee proceedings. – INDEPTHNH.ORG
145-room hotel in the works near Verizon Wireless Arena The 145-room hotel would be built between Central Street and Lake Avenue, just south of Veterans Memorial Park, according to sources familiar with the project. – NH UNION LEADER
Dartmouth-Hitchcock again finishes with deficit A flash flood of red ink swept over Dartmouth-Hitchcock at the end of its fiscal year after the last-minute discovery of problems arising from makeovers in back-office operations and flawed financial projections, D-H officials said on Monday. – VALLEY NEWS
Where are NH's seniors going to live? While New Hampshire is racing to take the top spot in the country for oldest population, there are numerous implications for the Granite State, and they don’t just affect seniors. One of the more major economic implications of an older population is the impact on the housing market. – NH UNION LEADER
Loan default seen after Performance Sports Group filing delay Performance Sports Group is expected to default on its loan because of delays in a financial filing caused by an unspecified internal investigation, the company announced Monday. – NH BUSINESS REVIEW
NH's Seacoast prepares for a rising sea in surprising ways While the threat is well known, the ways Seacoast communities are preparing for it aren’t always what you’d expect. – NH PUBLIC RADIO
Food co-op up against deadline to raise $550k to buy Bedford Harvest Market The Manchester Food Co-op needs to raise another $550,000 by Sept. 30 to buy Harvest Market in Bedford or its plans for a Manchester-area food cooperative will be set back by years. – NH UNION LEADER
Resigning Concord city planner: ‘I wouldn’t say … I wanted to leave’ Concord City Planner Nancy Larson resigned her position effective this week, making her the third head of that division to step down in five years. – CONCORD MONITOR
From free to fee for Bike Week vendors Following a brief public hearing, the Board of Selectmen yesterday formally adopted the ordinance imposing a fee on itinerant vendors operating during Motorcycle Week. – THE LACONIA DAILY SUN
Sentencing in Isaacson case pushed back again The sentencing dates for the former co-owners of Isaacson Structural Steel in Berlin have once again been moved back – this time over issues with the pre-sentencing report and health of former company CFO Steven Griffin. – THE BERLIN DAILY SUN
Sept. 21 event to look at paid leave insurance Cutting-edge research on trends and initiatives involving paid family and medical leave insurance in New Hampshire and around the country will be the focus of “Winning Workplaces: Pathways to Paid Family and Medical Leave Insurance,” an event to be held Wednesday, Sept. 21, in Manchester. – NH BUSINESS REVIEW
NH commercial Realtor Jim DeStefano dies He was a partner and vice president of sales and marketing for Colliers International located in Manchester and Portsmouth. – CONCORD MONITOR
Shaheen calls on Congress to fund research for Zika vaccine Democratic U.S. Senator Jeanne Shaheen called on Congress today to provide money for research on the Zika virus. She spoke to state and town officials in Salem, where mosquitos with both West Nile and EEE have been successfully controlled in years past. – NH PUBLIC RADIO
Aldermen to hear plan for new Manchester city flag City aldermen are scheduled to hear a proposal tonight that looks to enhance Manchester’s marketing efforts, increase economic activity and boost civic pride. – NH UNION LEADER
St. Paul’s denies it wants sex assault victim's name made public Officials at the New Hampshire prep school disputed the characterization of a recent court filing. – THE BOSTON GLOBE
NH gubernatorial candidate Edelblut says NH expansion of Medicaid locks some into poverty Republican gubernatorial hopeful Frank Edelblut contends Medicaid expansion is deterring able-bodied adults from getting a job and locking some Granite Staters into a cycle of poverty. – NH UNION LEADER
Forrester says National Guard could be used to help fight state’s drug problem Republican gubernatorial candidate Jeanie Forrester, a state senator from Meredith, said as governor, she would consider sending National Guard members to patrol New Hampshire’s northern border with Canada and its southern border with Massachusetts. – CONCORD MONITOR
Trump's NH campaign adds political, communications directors Donald Trump's New Hampshire campaign is adding staff, but the GOP nominee's local campaign still has far fewer paid employees than that of Democrat Hillary Clinton. – NH PUBLIC RADIO
Lonza to acquire InterHealth for as much as $300 million Lonza Group AG agreed to buy InterHealth Nutraceuticals for as much as $300 million, a sign the Swiss chemical maker may be back on the hunt for major acquisitions after a break of almost five years. – BLOOMBERG