New Hampshire's Business News for July 27
A look at today's top business headlines, including: NH governor's race heats up with business ads, new overtime rule goes into effect soon, Franklin rehab center expands, Arlington Hotel to open in Bethlehem next month and NH man settles lawsuit with actor Charlie Sheen
Unitil experiences second-quarter hurdles but foresees long-term growth Unitil made more money last quarter even though it sold less fuel, thanks to better margins and more customers, the Hampton-based gas and electric utility reported last week. – N.H. BUSINESS REVIEW
Eversource spends $600k to strengthen transmission lines Eversource said it is spending $600,000 to strengthen an important transmission line that runs from the Webster substation in Franklin to the North Road substation in Sunapee. – N.H. UNION LEADER
Concord appeals to NH Supreme Court to intervene alone on Northern Pass The city of Concord is appealing to the state Supreme Court seeking to go it alone as an intervenor in the Northern Pass project that is pending before a state Site Evaluation Subcommittee. — INDEPTHNH
Gatsas focuses on his business experience in first ad of race for governor The first broadcast ad of the 2016 governor’s race is about to hit the airwaves– and it comes from Republican Manchester Mayor Ted Gatsas. – WMUR-TV
New overtime rules pose challenge for small businesses Workers who earn less than $47,476 can no longer be salaried and exempt from overtime, regardless of their duties, beginning Dec. 1 under new federal labor rules.– SEACOAST ONLINE
NH wins praise for access to health care information New Hampshire received national praise — and tied for top score — helping residents make educated choices on health care, according to an annual report card. – N.H. UNION LEADER
Counties look at holistic healthcare approach Strafford and Rockingham County officials are hoping to take advantage of a federal waiver that will allow ‘radical’ changes to healthcare delivery. – FOSTER’S DAILY DEMOCRAT
Franklin Rehab Center triples beds for substance abuse treatment A substance abuse treatment facility in Franklin, Farnum North, has added 42 more inpatient beds. And with help from donations, the center can now start treating patients who lack insurance. – N.H. PUBLIC RADIO
RVCC nursing program regains accreditation The New Hampshire Board of Nursing has voted to restore accreditation to the associate degree nursing program at River Valley Community College (RVCC). — CLAREMONT EAGLE-TIMES
Anthem profit beats estimates as Medicaid memberships rise U.S. health insurer Anthem Inc reported a better-than-expected profit as enrolments rose in its Medicaid plans, which cater to low-income Americans. – THE NEW YORK TIMES
Entrepreneur Paula Long describes how it’s done Data is the most valuable possession a business owns, but there are several businesses that are unfamiliar with how to organize it, utilize it and — most importantly — protect it. – N.H. BUSINESS REVIEW
New eatery pitched for Nashua Tech Park Massachusetts development firm John J. Flatley Co. wants to build a 7,500-square-foot restaurant in Nashua Technology Park, the 750,000-square-foot office and research and development complex located off Route 3 near the Massachusetts border. – NASHUA TELEGRAPH
New Arlington Hotel in Bethlehem nearing completion The 65-room Arlington Hotel is on track to begin taking guests in August. – NH1
Boston Advisors acquires assets of Weyland Capital Management Boston Advisors, LLC announced that it has entered into an agreement to acquire the assets of Weyland Capital Management, an investment advisory firm based in Portsmouth that manages $175 million of multi-asset portfolios for approximately 130 clients nationwide.
Lakes Region man settles lawsuit against actor Charlie Sheen A Center Harbor man facing criminal charges for abusing a power of attorney to siphon hundreds of thousands of dollars from investment accounts owned by his terminally ill father, has settled a lawsuit he filed against actor Charlie Sheen. – LACONIA CITIZEN
Fireworks company owner pleads guilty to illegal disposal charges The owner of a prominent New England fireworks display company is pleading guilty to charges of illegally disposing of old televisions and video monitors on property he owns through a separate company. – N.H. UNION LEADER
Kleen Inc. files for bankruptcy Kleen Laundry, a household name in the Upper Valley whose roots go back to the 19th century, has filed for bankruptcy production, citing a “challenging time” with its primary commercial customer base — hospitals to which it provides linen and uniform cleaning services. – VALLEY NEWS
New Hampshire company recalls more than 8,000 pounds of beef A New Hampshire company is recalling about 8,800 pounds of raw beef products that may be contaminated with E. coli. – WMUR-TV
UNH research brings cows to woods Seeing cows graze in a forest may be an uncommon site in New England but at the Organic Dairy Research Farm at the University of New Hampshire, heifers soon will be dining among the trees. – FOSTER’S DAILY DEMOCRAT
