New Hampshire's Business News for July 6
A look at today's top business headlines, including: Minuteman Health hit with $16.7m ACA adjustment, Consumer advocate wants details of Eversource hydro deal, record NH traffic numbers on July 4th, Hassan wants $12 per hour minimum wage, Conway judge reprimanded
Minuteman Health hit with $16.7 million ACA adjustment Minuteman Health, the Massachusetts-based nonprofit insurance company that also serves the New Hampshire market, will have to pay a risk adjustment bill of $16.7 million, which will sharply drive up its individual insurance rates for next year. – N.H. BUSINESS REVIEW
NH Hospital opens 10-bed mental health crisis unit A new 10-bed mental health crisis unit is open at New Hampshire Hospital after almost a year of delays. – N.H. PUBLIC RADIO
Consumer advocate wants details of Eversource-HQ deal There's no guarantee that a power purchase agreement between New Hampshire's largest utility and Hydro-Quebec will lower electricity prices, according to Consumer Advocate Don Kreis. – N.H. UNION LEADER
With value in question, sale of Merrimack Station could spell problems for Bow Environmentalists hope the sale spells the end of dirty, coal-fired power in New Hampshire, but Bow officials and residents hope the plant keeps running, primarily for its tax value. – CONCORD MONITOR
Business-related NH bankruptcies tick up in June What is going on with business-related debt in New Hampshire? While there have been only seven bankruptcy filings by businesses in the last three months, 59 personal bankruptcy filings were at least partly due to business-related debt over the same period. – N.H. BUSINESS REVIEW
This year’s growing season; ‘It’s wicked dry’ A very cold spring, combined with a dry start to summer, has made for a tough start to this year’s growing season. – CONCORD MONITOR
DOT says NH saw record traffic numbers on July 4th The New Hampshire Department of Transportation said it saw a one-day total of 313,577 vehicles. – NH1
State revenues $100 million over budget The New Hampshire treasury is stronger than it's been in years, with annual revenue for the fiscal year ending on June 30 running almost $100 million over budget, according to unaudited figures. – N.H. UNION LEADER
Hassan wants $12 per hour minimum wage Democratic Gov. Maggie Hassan disagrees with her political party’s national platform endorsement of a $15 an hour minimum wage. – NH1
Ayotte campaign reserves $9 million in TV, digital advertising Looking ahead to the summer and fall campaign, U.S. Sen. Kelly Ayotte’s “Kelly for New Hampshire” campaign is reserving $9 million in advertising on both television and digital platforms through Election Day. – WMUR-TV
Binnie: Friendly neighbors shouldn't lose property rights Bill Binnie, owner of the Wentworth by the Sea Country Club, filed two new arguments with the state's Supreme Court in his ongoing effort to block public access to Little Harbor Beach over a piece of his private golf course. – PORTSMOUTH HERALD
Dover couple brings Lebanese food to Garrison City Customers are flocking to new outdoor tables at Little Lebanon to Go in Dover, which specializes in falafel, shawarma, specialty sweets and other Middle Eastern favorites. – FOSTER’S DAILY DEMOCRAT
Hobby Lobby is coming to Nashua The state’s fourth Hobby Lobby store will land in Somerset Plaza in September. – N.H. UNION LEADER
Millyard owners to see new parking plan details A developer could present details of a new parking plan to Millyard owners as soon as August. – N.H. UNION LEADER
Tupelo Music Hall to move music to Derry Tupelo Music Hall owner Scott Hayward says it's always been about the music and he hopes to bring that music across the border from Londonderry to Derry. – DERRY NEWS
City Council to take stance on pipeline costs Keene city councilors are taking steps to oppose a plan that would allow electric ratepayers to bear the cost of a new pipeline project. – KEENE SENTINEL
Council to vote on $365K airport project City officials are looking to start construction of a new aircraft hangar at Claremont Municipal Airport in September as part of a 10-year master plan upgrade. – CLAREMONT EAGLE-TIMES
Fired worker who blew whistle on Vt. firm's alleged EB-5 fraud wins $400K in damages A Vermont superior court jury awarded a Plainfield, NH woman $400,000 in damages in a lawsuit against her former employer, Seldon Technologies, in which the woman alleged the Windsor water filtration device maker fired her for objecting to financial irregularities involving the company’s handling of a federal government program to award U.S. visas to foreign investors –. VALLEY NEWS
Conway judge reprimanded The Judicial Conduct Committee has issued Conway Circuit Court Judge Pamela D. Albee a “Reprimand and Caution” for failing to issue timely orders and using independent online research such as Zillow in deciding several marital cases. – INDEPTH NH
