Business

Mt. Ascutney Projects Break-Even for 2016 Budget

Monday, August 3, 2015

Windsor — After two straight years of losing money in its health care operations, Mt. Ascutney Hospital and Health Center is projecting that in its upcoming fiscal year it will break even in its core business — but only just barely. In a July 1 letter and budget projections for the fiscal year that will begin Oct. 1 that were filed with Vermont’s Green Mountain Care Board, Mt. Ascutney said …

Cheaper Power For Northeast Is Just North

Monday, August 3, 2015

Concord — Plenty of raw electricity sloshes around in Quebec’s rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation’s highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely. In review or under construction are five large-scale hydropower proposals that could pump thousands of megawatts into the …

Proof of Trump’s Charity Giving Elusive

Monday, August 3, 2015

Washington — Donald Trump, widely believed to be the wealthiest American ever to run for president, is nowhere among the ranks of the country’s most generous citizens, according to an Associated Press review of his financial records and other government filings. Trump has said he donated $102 million worth of cash and land to philanthropic and conservation organizations over the past five years. …

A Crossover That Measures Up

Sunday, August 2, 2015

The Nissan Rogue has a name that’s the antithesis of its look. There’s nothing rogue about it. And that’s a good thing. Or at least consumers think so. Since the vehicle’s launch in 2007, annual sales have climbed …

Initiative Proposed To Build World’s Fastest Computer

Sunday, August 2, 2015

Washington — President Obama has launched an ambitious technology initiative, a moonshot in the world of supercomputing that could help solve some of the world’s most complex problems. The project, known as the National Strategic Computing Initiative, aims to speed up the development of an “exascale computing system” …

Study: $15 an Hour Would Not Increase Fast Food Prices Much

Sunday, August 2, 2015

Washington — Would you pay 17 extra cents for a Big Mac if it meant the person who prepared it could earn a living wage? What about an extra 30 cents each time you ate out at any fast-food restaurant? These are the small prices we would have …

People in Business: Aug. 2, 2015

Sunday, August 2, 2015

Michael Ehlenfeldt, of Charlestown, has been hired as executive chef of The Inn at Weathersfield. Previously a key member of the culinary team at Solo Farm & Table in South Londonderry, N.H., Ehlenfeldt has spent most of his …

S&P 500 Trims Monthly Advance

Sunday, August 2, 2015

New York — The Standard & Poor’s 500 Index pared its best monthly gain since February after disappointing results from Exxon Mobil and Chevron Corp. Energy shares fell the most since January as Exxon and Chevron slumped at least 4.5 percent. LinkedIn tumbled 10 percent amid concerns growth …

Living in Shipping Container One Man’s Solution to Housing

Saturday, August 1, 2015

Luke Iseman has figured out how to afford the San Francisco Bay area. He lives in a shipping container. The Wharton School graduate’s 160-square-foot box has a camp stove and a shower made of old boat hulls. It’s …

Companies Offer Benefits But Not Raises

Wednesday, July 29, 2015

Once a staple of the American workplace, the annual raise is turning into a relic of the pre-crisis economy as companies turn to creative — and cheaper — ways to compensate their employees. More businesses are upping their spending on benefits such as one-time bonuses, health care and …

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 …

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 …

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. …