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Business

Vermont Gas Pipeline Estimate Jumps More Than 20 Percent

Saturday, December 20, 2014

South Burlington — The incoming head of the natural gas utility working to extend a pipeline from Colchester, Vt., to Vergennes, Vt., and eventually Middlebury, Vt., and Rutland, Vt., said Friday the cost estimate for the first phase of the project is now $154 million, a 27 percent increase on the amount approved by state regulators in October. And as a result of the new cost estimate, incoming Vermont Gas …

Hope and Some Fear In Cuba Amid Change

Friday, December 19, 2014

Havana — The restoration of diplomatic ties between Cuba and the United States unleashed expectations Thursday of even more momentous changes on an island that often seems frozen in a past of classic cars and crumbling Art Deco buildings. On the first full day after the surprise announcement, many Cubans expressed hope that …

Environmentalists Applaud New York’s Imminent Ban on Fracking

Thursday, December 18, 2014

Albany, n.y. — Handing environmentalists a breakthrough victory, New York plans to prohibit fracking for natural gas because of what regulators say are unexplored health risks and dubious economic benefits. New York, which overlies part of the gas-rich Marcellus Shale formation that has led to a drilling boom in Pennsylvania and other nearby …

Business Notes: Dec. 14, 2014

Sunday, December 14, 2014

H anover — A new mobile phone store is opening in Hanover, hoping to draw students from Dartmouth College as customers in addition to people who don’t want to travel to the Route 12A commercial strip in West Lebanon or don’t purchase their phones online. Brent and Cinnamon …

Cranberry Glut Leads to Search For New Markets

Sunday, December 14, 2014

The problem is not having too much of a good thing. It’s knowing what to do with it. Cranberry growers have had abundant harvests over the last few years, flooding the market with fruit now finding its way into new products and markets. Nationally, they produced 8.5 million …

Drone Helps Threatened Sandhill Crane in Calif.

Sunday, December 14, 2014

Staten Island, Calif. — Look! Up in the sky! It’s a bird! It’s a plane! Actually, it’s tens of thousands of birds and a single drone, an unmanned flying machine with a wingspan the size of an extra-large pizza. And on a recent afternoon, while the birds land, …

Refinements Transform New Camry

Sunday, December 14, 2014

For years, Toyota’s Camry has dominated the family sedan segment with a focus on comfort and reliability — and blithe disregard for the particulars of handling and style. The bland formula has made the trusty Camry the nation’s bestselling passenger sedan for 12 consecutive years. That won’t work …

N.H., Vt. Tops In Jobs Lost To China

Sunday, December 14, 2014

More bad news — a little bit of good — for New Hampshire and Vermont in report examining jobs lost to China The country’s trade deficit with China is costing American jobs, and New Hampshire and Vermont are among the nation’s big losers, according to a new report …

Drugmakers, Internet Companies Join Forces to Track You

Sunday, December 14, 2014

Washington — Ever since the days of castor oil laxatives and mercury syphilis tablets, pharmacists and patients have had a tacit understanding: whatever you buy, the information is confidential. No longer. Drugmakers and Internet companies are quietly joining forces to link U.S. pharmacy records with online accounts to …

Stocks Plunge as Oil Rout Continues

Sunday, December 14, 2014

New York — A rout in oil prices shook financial markets Friday, pushing stocks to their worst weekly loss in two and a half years. The stock market fell sharply as investors worried that slumping oil demand is signaling that growth outside of the U.S. is weaker than …

Banks Eye Rollback Of Rules

Sunday, December 14, 2014

Washington — Banks and Dodd-Frank Act foes on Capitol Hill, close to achieving their biggest financial-regulation rollback since the 2008 credit crisis, are already looking to next year for more wins. Wall Street firms such as JPMorgan Chase and Goldman Sachs and regional counterparts like PNC Financial Services …

U.S. Egg Market to Be Disrupted as Cages Made Roomier

Sunday, December 14, 2014

Chicago — Eggs are about to get more expensive as California moves to make sure hen houses are roomy enough to allow the birds to lie down, stand up, extend their wings and move around. Farmers nationwide who want to continue selling to the most populous U.S. state …

Norwich Artisanal Chocolatier My Brigadeiro Opens Storefront in Hanover

Sunday, December 14, 2014

Hanover — My Brigadeiro, the Norwich-base gourmet chocolatier that has won a national following while operating out of owner Ana Paula Alexandrescu’s home for the past two years will be opening its first store in Hanover five days before Christmas. The store, in the spot formerly occupied by …