Business

Financial Advisers Don’t Care About Millennials, and Vice Versa

Sunday, May 24, 2015

The investment industry has an age discrimination problem, and millennials and Generation X are bearing the brunt of it. Only 30 percent of financial advisers are actively looking for clients under age 40, according to a survey of 500 advisers by the research firm Corporate Insight. Advisers prefer older clients for a simple reason: Most advisers get paid based on a percentage of the assets they manage. And typical households …

Woes of Password Protection

Sunday, May 24, 2015

Pittsburgh — High on the White House’s hit list: The series of letters, numbers and symbols you type in when you access everything from your bank account to your Netflix list. “Kill the password dead as a primary security measure,” urged Michael Daniel, the president’s cybersecurity coordinator, at the International Conference on Cyber Engagement, held recently at Georgetown University in Washington, D.C. As …

Outside-the-Box Thinking by Honda

Sunday, May 24, 2015

When the Japanese automaker last redesigned the Pilot in 2009, Honda designers gave the three-row crossover the look of a true SUV, with big, boxy proportions. While successful, the model lacked the conservative, sophisticated elegance that buyers had come to expect. This has been rectified with the release of the 2016 Honda Pilot. …

Last Two Essentials Clothing Stores To Close

Sunday, May 24, 2015

Hanover — Upper Valley women who want a lithe Italian Nana Nucci dress or men who favor fine Baroni suits will soon have to drive to Boston or Burlington (or go online) to buy their favorite upscale clothes: Rare Essentials and its sister store, Essentials for Men, are …

Hypertherm, Casella Work to Maximize Recycling

Sunday, May 24, 2015

Lebanon — Hypertherm wants to throw out the idea of garbage. All of it. The Hanover-based maker of industrial cutting equipment, which has a 160,000-square-foot manufacturing facility in Lebanon, has teamed up with Rutland-based Casella Waste Systems to …

U.S. Producers Fear Retaliation Over Labeling Law

Sunday, May 24, 2015

Washington — California ranchers and their Capitol Hill allies are scrambling to peel away a country-of-origin labeling law they fear will hurt the state. Facing potentially punishing tariffs on U.S. wine, apples, cherries and more, after a World Trade Organization ruling against the United States’ labeling requirements for …

Health Industry Spent $19 Million Lobbying in Mass.

Sunday, May 24, 2015

Boston — Hospitals, insurers, doctors, unions and pharmaceutical companies spent a record $19 million trying to sway Beacon Hill lawmakers last year, a reflection of the industry’s political and economic muscle and a rapidly changing health care landscape. In less than a decade, lobbying by the industry has …

Sunday, May 24, 2015

Here is a list of the organizations that spent the most on lobbying Beacon Hill lawmakers about health care issues last year, according to the Massachusetts Secretary of the Commonwealth’s Office: ∎ The Massachusetts Association of Health Plans: $1,055,620. ∎ The Massachusetts Hospital Association: $882,470. ∎ Steward Health …

Money Talk: Getting College Graduates Off to a Good Financial Start

Sunday, May 24, 2015

Question: My son will be graduating from college this June. He is fortunate to have already landed a good job, starting in August, and will be managing his own finances for the first time. His company provides a full benefits package, retirement fund, profit-sharing, a hiring bonus and …

Consumer Confidential: Is Organic Food Worth the Higher Price? Many Experts Say No

Sunday, May 24, 2015

Kristin DiMarco was heading into a Trader Joe’s in West Los Angeles the other day and knew for sure what she wouldn’t be buying: anything organic. “I just feel like I’ve already built up an immunity to anything that might be in my food,” the 26-year-old told me. …

At the Hospitals: May 24, 2015

Saturday, May 23, 2015

Healthy Living Programs Receive Mini-Grants New London — Three local organizations have received community wellness grants from the The Wellness Connection: For a Healthy Lake Sunapee Region. Created this year, the mini-grant program provides funding for area nonprofits, …

Chairwoman Expects Fed to Raise Key Interest Rate This Year

Saturday, May 23, 2015

Washington — Federal Reserve Chairwoman Janet L. Yellen said Friday she expected the central bank to raise its benchmark short-term interest rate this year if the economy continues to slowly improve. It was her clearest signal yet of when the Fed would increase the so-called federal funds rate …

More Grads Get Jobs in Their Field

Saturday, May 23, 2015

Washington — It was one of the most iconic symbols of post-recession America: the college graduate working as a coffee shop barista, carrying a mountain of student debt and a bachelor’s degree into a job that ordinarily would have required only a high school education. Almost half of …