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Business

O'Bee Byrd of Hartford, Ct. boards an Amtrak train heading south out of Claremont Wednesday, July 30, 2014. A meeting was held in Claremont Wednesday to discuss improvements to the stop, the only one on the western side of the state. 
(Valley News - James M. Patterson)

Train Station In Claremont Due for Update

Thursday, July 31, 2014

Claremont — Train travelers planning a stop in Claremont won’t find much to do there if they rely on Amtrak’s website. The site provides a few options for lodging and several restaurants but just two places to “see”: Maple Lanes Bowling and the Holy Resurrection Orthodox Church. Moreover, the website notes that the station has no enclosed waiting area, no …

U.S. Economy Rebounds From Winter

Thursday, July 31, 2014

Washington — After suffering the sharpest contraction since the recession ended, the U.S. economy rebounded this spring, providing fresh evidence that the recovery is finally turning a corner. Government data released Wednesday shows the economy expanded at an annual rate of 4 percent during the second quarter. Consumers pulled out their wallets, businesses …

Bank Fined $1.3 Billion in Loan Case

Thursday, July 31, 2014

Los Angeles — Countrywide Financial hustled to make the loans. Bank of America, once again, is picking up the bill for the damages caused — the latest buffeting since the bank’s disastrous acquisition of the Calabasas high-risk lender six years ago. A New York judge ordered Bank of America to pay nearly $1.3 billion in penalties in a civil fraud case involving a …

Television Advertising Sales Fall Far Short of Industry Targets

Monday, July 28, 2014

TV advertisers are being unexpectedly tight-fisted. Wall Street and TV networks had been banking on an improving economy this year to help drive demand. But the annual “upfront” advertising market, when marketers place their orders for commercial spots for the coming year, was unexpectedly weak. Broadcast networks ABC, …

Despite Law, D.C. Folks Can Get Booze in N.H.

Monday, July 28, 2014

Concord — New Hampshire is assuring residents of the nation’s capital that they can purchase alcohol in the state despite a law that suggests otherwise. But cigarettes? Maybe not. The New Hampshire Liquor Commission recently told retailers they should accept Washington, D.C., driver’s licenses when determining a buyer’s …

Social Security Q&A: What Is Supplemental Security Income?

Sunday, July 27, 2014

Question : What is the purpose of Supplemental Security Income, or SSI? Answer : The purpose of SSI is to help aged, blind and disabled people who have little income and few resources to support themselves. It provides financial assistance to meet basic needs for food, clothing and …

At the Hospitals: July 27, 2014

Sunday, July 27, 2014

August Motorcycle Ride Will Benefit David’s House Lebanon — A motorcycle ride next month will benefit David’s House, a nonprofit that provides a home away from home for families with children receiving medical treatment through Children’s Hospital at Dartmouth-Hitchcock Medical Center. The guided ride, set for Aug. 2, …

Business Notes: July 27, 2014

Sunday, July 27, 2014

Lebanon — Valorie Armstrong, who spent 18 years in the aluminum business, is opening a new insurance agency in Lebanon on Friday. In preparation to launch the agency, Armstrong has been interning since January with Farm Family Insurance and working with agents in Concord, Charlestown and Littleton. She …

Money Talk: Cutting Back Is Answer to Debt

Sunday, July 27, 2014

Question : My wife and I accrued $28,000 of credit card debt over the past eight years. In addition to a sizable student loan bill for law school, our home mortgage and the expenses associated with three young children, we are struggling to get ahead enough to knock …

Two Ag-Gag Laws Facing Federal Court

Sunday, July 27, 2014

Des Moines, Iowa — The years-long fight between farm organizations and animal rights activists over laws prohibiting secretly filmed documentation of animal abuse is moving from state legislatures to federal courts as laws in Utah and Idaho face constitutional challenges. Half of U.S. states have attempted to pass …

Amazon Opens First of 15 ‘Sortation’ Centers

Sunday, July 27, 2014

Kent, Wash. — As Mike Roth steps into Amazon.com’s newest warehouse here, he spreads his arms wide and asks what is different about this facility from the 96 other warehouses the Web giant operates around the world. To …

Getting Physical With Virtual Reality

Sunday, July 27, 2014

When Facebook acquired virtual reality headset developer Oculus VR for $2 billion in March, many in the tech industry lauded the move as heralding the next generation in computer gaming. The potential of Oculus’ Rift goggles is tantalizing …

Facebook Low in Customer Satisfaction, Survey Says

Sunday, July 27, 2014

Pinterest users have a high rate of customer satisfaction, according to a new survey by an independent research group. Facebook and LinkedIn users? Not so much. Ads and privacy are big concerns cited by Internet users who ranked Facebook and LinkedIn lowest among social media sites, according to …