New Hampshire's Business News for August 5
A look at today's top business headlines, including: EPA says Brady Sullican broke lead paint laws, R&D tax credit filings surpass 2017, Trump in NH on Saturday, former senator calls Trump a sociopath, Chris Sununu supports Northern Pass, possible new restrictions for local lobster fishermen, Chunky's Cinema Pub coming to former Lowe's site in Manchester
R&D tax credit filings surpass 2017 cap More businesses than ever – 193 businesses, nine more than last year – applied for a record $7.4 million in tax credits in 2016. But the current cap of $2 million remains in place until July 2017. That means businesses will receive the smallest percentage since the tax cap doubled in 2013. – N.H. BUSINESS REVIEW
Minuteman files rate requests The major factor driving its preliminary rate filing was the federal risk adjustment program, said Minuteman. – N.H. UNION LEADER
15 percent rent increase over five years seen across state According to the NH Housing Finance Authority’s annual residential rental cost survey, half the counties in the state show vacancy rates at well below 2 percent, while the median rent for a two-bedroom apartment, including utilities, stands at $1,206. – N.H. BUSINESS REVIEW
State puts up $2m to fund recovery housing. New Hampshire Housing is currently seeking applications from entities including qualified private developers, nonprofit organizations, local housing authorities, municipalities, and others for projects that will create supportive recovery housing for low-and-moderate income persons with substance use disorders. – FOSTER’S DAILY DEMOCRAT
EPA Says N.H. developer Brady Sullivan broke federal lead paint laws The Environmental Protection Agency is accusing one of New Hampshire’s most prominent real estate developers of breaking two federal lead paint laws. It’s the latest in a string of public health complaints against Brady Sullivan Properties. – N.H. PUBLIC RADIO
Trump to speak in Windham Saturday Republican presidential hopeful Donald Trump is returning to town Saturday night to speak at Windham High School. – LAWRENCE EAGLE-TRIBUNE
Gordon Humphrey calls Trump a 'sociopath'; says he might have to vote for Clinton Former Sen. Gordon Humphrey is urging the national Republican leadership “to renounce Trump and demand he vacate the nomination.” – NH1
Poll: Clinton has commanding lead In New Hampshire A new WBUR poll of New Hampshire voters shows that Democrat Hillary Clinton has a commanding lead over her Republican rival Donald Trump in this year’s general election. The poll also has good news for Democrat Maggie Hassan’s bid to unseat Republican Senator Kelly Ayotte. – N.H. PUBLIC RADIO
Nashua chamber talks business with Hassan, Executive Council Two of the characteristics of the successful Nashua-area business community are access to a skilled workforce and capitalizing on the city’s rich diversity. – NASHUA TELEGRAPH
Sununu supports Northern Pass Republican gubernatorial hopeful Chris Sununu said the Northern Pass hydro-electric transmission line project will help businesses burdened by high energy bills and bolster the state's economy. – N.H. UNION LEADER
PC Connection foresees growth as Microsoft provider PC Connection, fresh off the acquisition of Softmart, announced a strong second quarter last week. – N.H. BUSINESS REVIEW
Judge flags ex-millionaire Karl Hahn's plea deal Former millionaire Karl Hahn will not be sentenced for wire fraud next week, as scheduled, due to a disagreement about the terms of his sentence PORTSMOUTH HERALD
Restrictions on tap for southern New England lobster fishery Southern New England lobster fishermen might have to start throwing back smaller lobsters in an attempt to stem population losses. – NH1
Scammers target Kittery ice cream shop A 95-degree Saturday is usually a recipe for success at an ice cream shop. It was for Kittery’s Mrs. & Me on Route 1 a couple of weeks ago until store manager Brandie Nelson fielded a call reportedly from Central Maine Power during the middle of a rush. – SEACOAST ONLINE
Woodmont plan includes housing, retail, assisted living, streetscapes More details about the billion-dollar Woodmont Commons project returned before town official recently, with representatives of the project giving a better view of what might be built there. – DERRY NEWS
Manchester Lowe's demolished for new development The project will include a Chunky's Cinema Pub, featuring a 10-screen movie theater. – N.H. UNION LEADER
Balsams will seek government backing on $40M Balsams’ developer Les Otten needs “critically important” federal and state guarantees for bank loans on $40 million of his $143 million project. – INDEPTH NH
Berlin to get grant for river walk project The city’s long held desire for a river walk along the west side of the Androscoggin River got a big boost Tuesday with the announcement that the Northern Border Regional Commission will award the city $250,000 for the project. – BERLIN DAILY SUN
White Mountain National Forest proposes fee increase The White Mountain National Forest is seeking public comments on plans to increase fees for 2017 recreation passes. – WMUR-TV
