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Business

Geisel Will Turn To Layoffs

Wednesday, October 1, 2014

Lebanon — Financial woes at Dartmouth College’s Geisel School of Medicine will lead to layoffs, the college said Tuesday. “As part of our plan to return to a sustainable budget, we are restructuring some areas of the medical school, which unfortunately will result in the elimination of some positions,” spokeswoman Diana Lawrence said in an emailed statement. Lawrence declined to comment “on the number of layoffs or the details of …

Redemptions at Pimco After Gross’ Resignation

Tuesday, September 30, 2014

New York — Pacific Investment Management Co.’s Chief Executive Officer Douglas Hodge said the firm is expecting and is ready for client redemptions following the departure of co-founder Bill Gross. In a conference call with analysts where he was joined by top executives at Pimco parent Allianz SE, Hodge said management changes have triggered reviews with some clients and that it’s too early …

Air Traffic Sabotage Impact Could Be in the Millions

Tuesday, September 30, 2014

Chicago — The economic impact of a sabotaged radar center near Chicago that struck at the heart of the nation’s air transportation grid will easily soar into tens of millions of dollars and perhaps hundreds of millions, experts say. The impact on some 44,000 passengers alone has already climbed near $30 million, according to masFlight, an aviation operations data firm. And that doesn’t …

Dogfish Still Abundant Off East Coast

Monday, September 29, 2014

Portland, Maine — The stability of the dogfish population off the coast of New England is not in jeopardy despite a recent survey that found less of the fish off of Maine and New Hampshire than previous years. …

At the Hospitals: Sept. 28, 2014

Sunday, September 28, 2014

Health Care and Rehabilitation Services Names New CEO Springfield, Vt. — George Karabakakis, a longtime employee of Health Care and Rehabilitation Services, was recently appointed chief executive officer of HCRS. The nonprofit is the state-designated community mental health …

People in Business: Sept. 28, 2014

Sunday, September 28, 2014

Two Lake Sunapee Bank employees have been selected to attend the Leadership Upper Valley program: Jed Putney, commercial loan officer for the Main Street office in Randolph, and Teri Minelli, mortgage originator for the bank’s West Lebanon office. Putney has been with the bank since 2008 and Minelli …

Whelen Engineering President to Receive Lifetime Achievement Award

Sunday, September 28, 2014

Charlestown — John Olson, president of Whelen Engineering, will receive the Lifetime Achievement Award from the Business and Industry Association next month for his commitment to building and strengthening manufacturing in the state and promoting career opportunities for …

Ledyard National Bank CEO Named to Council Advising Consumer Protection Bureau

Sunday, September 28, 2014

Hanover — Kathy Underwood, president and CEO of Ledyard National Bank, has been appointed to the Consumer Financial Protection Bureau’s Community Bank Advisory Council in Washington, D.C. Underwood will serve a two-year term on the council and will provide the bureau with advice on consumer financial issues related …

A Ph.D. in PBR

Sunday, September 28, 2014

Detroit — Colleges and beer have a long shared history. A university in Michigan is taking that partnership to a new level with the creation of a program to train and certify experts in “fermentation science.” Central Michigan …

FDA Revises Food Safety Rules Due Next Year

Sunday, September 28, 2014

Washington — The Food and Drug Administration last week revised sweeping food safety rules proposed last year after farmers complained that the regulations could hurt business. The new proposals would relax water quality standards and allow farmers to harvest crops sooner after using raw manure as fertilizer. The …

Business Notes: Sept. 28, 2014

Sunday, September 28, 2014

Manufacturing in the region is the focus of several events scheduled for this week. ∎ River Valley Community College will host an open house on Wednesday, from 4 to 7 p.m., to highlight the upcoming classes and hands-on training in advanced manufacturing offered at its locations in Claremont. …

Six Credit Report Tips For Homebuyers

Sunday, September 28, 2014

Whether you plan to buy a home in six months or a year or two, you’ve probably been told to request your free credit report to check for errors and to see what a lender can learn about you from the report. “We usually tell people to request …

New Face for a Former Gambling Mecca

Sunday, September 28, 2014

Atlantic City, n.j. — Trump Plaza Hotel and Casino, the fourth boardwalk casino here to close this year, was pronounced dead at 5:59 a.m. on a Tuesday, which in and of itself seemed an insult. In the end, …