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Business

Co-op Staff Votes Down Labor Union

Tuesday, July 28, 2015

Lebanon — Workers at the Lebanon Co-op Food Store on Monday voted, 70-31, against organizing under a Massachusetts-based union, an election brought on by a year’s worth of turmoil surrounding the firings of two employees. Of about 140 workers at the store, 122 full- and part-time personnel were eligible to vote, and 113 ballots were cast. “(I’m) elated — we can be a family again,” Jayne Baker, a cashier at …

Costs Have Hit State Health Markets Hard

Monday, July 27, 2015

Washington — State-run health insurance markets that offer coverage under President Obama’s health law are struggling with high costs and disappointing enrollment. These challenges could lead more of them to turn over operations to the federal government or join forces with other states. Hawaii’s marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. It has spent about $139 million …

As Rich Get Super-Rich, They Pay Lower Taxes

Sunday, July 26, 2015

Washington — One of the cornerstones of American income tax policy is that taxes are progressive. People who make more money devote a higher share of their income to federal income taxes than people who make less money. That allows for a redistribution of wealth that lowers inequality. At least, that’s how it’s supposed to work. But data out this spring from the …

As Fair Nears, League of NH Craftsmen Has 2 New Leaders

Sunday, July 26, 2015

Newbury, n.h. — When the 82nd New Hampshire League of Craftsmen’s Fair opens Saturday, there will be two new faces leading the event, which has become an annual pilgrimage for many in New England. Jane Oneail took over …

Jewell Transport Will Propose New Facility at Industrial Park

Sunday, July 26, 2015

Claremont — The trucking company that is proposing to build a new facility in the Syd Clarke Industrial Park will present a site plan to Planning Board on Monday. Jewell Transport now operates in a 71,000-square-foot building at 356 River Road it bought in 2004 and the new …

Consumer Confidential: Cutting the Cable Cord and Embracing a Digital Media World

Sunday, July 26, 2015

I have seen the future, and it doesn’t have cable TV. Our house is undergoing some repairs, so we’ve been staying elsewhere for the past week. I’ve been using my tablet computer for online access to HBO, Showtime and the other premium networks that make up most of …

Money Talk: Options for Paying for College

Sunday, July 26, 2015

Question: I have two kids heading to college. Both need co-signers for their student loans. Will me co-signing have a negative effect on my credit? The kids have no choice. I’m middle class, having made enough to get myself by as a divorcee, but there’s no college savings. …

Biotech, Commodities Lead Dow Retreat

Sunday, July 26, 2015

New York — U.S. stocks fell Friday, with the Dow Jones industrial average posting its worst week since January, as biotechnology shares slumped and raw-material producers sank amid fresh signs of a slowdown in China. Biogen lost 22 percent after cutting its 2015 earnings forecast. Raw-material and energy …

Robots Add to Job, Price Slump in Canada Oil

Sunday, July 26, 2015

Calgary — Truck driver Craig Huzulak is unemployed after losing his job four times since December — the new normal in a Canadian oil patch still reeling from a downturn. Huzulak, 49, was working at a mine last year near Fort McMurray, Alberta, when crude prices plunged and …

Automaker Recalls 1.4 Million Cars

Sunday, July 26, 2015

Three days after a report that hackers took control of a Jeep Cherokee and drove it into a ditch, Fiat Chrysler Automobiles recalled 1.4 million vehicles for a software update. The automaker said the hack appeared to be an isolated incident that could not be easily repeated. The …

Anthem Sets Merger With Cigna

Friday, July 24, 2015

Washington — Anthem, the nation’s second-largest health insurer by revenue, will acquire Cigna, the nation’s fifth largest, the companies announced Friday, creating a health insurance behemoth that raises fresh questions about competition in the industry. The $54.2 billion deal will create the largest private health insurer as measured …

Brattleboro Co-op Moving on From Unionization Fallout

Thursday, July 23, 2015

Brattleboro, Vt. — When the Brattleboro Food Co-op in southeastern Vermont’s largest town moved from its old Eisenhower-era shoebox of a building to a new $9 million, four-story block in 2012, everyone noticed the difference. But when co-op …

U.S. Housing-Market Recovery Hits 8-Year High

Thursday, July 23, 2015

Washington — America’s housing-market recovery is in full swing. Purchases of previously owned homes climbed 3.2 percent in June to a 5.49 million annualized rate, the strongest since February 2007, the National Association of Realtors said Wednesday. Lean inventory pushed prices to an all-time high and listed properties …