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Business

Trevor Thomas and Natalie Sacco pose for a portrait in the Mystery Lovers Bookstore in Oakmont, Pa. They moved back to the Pittsburgh area from Cleveland to buy the store. (Pittsburgh Post-Gazette - Robin Rombach)

Books Outside the Big Box

Friday, May 22, 2015

Pittsburgh — At the time Dan Iddings opened the doors of Classic Lines Bookstore in Pittsburgh’s Squirrel Hill neighborhood last year, his greatest fear was that the technologies that ate up some of his largest competitors would swallow his business whole. “I had this fear that I would be the Amazon showroom — that people would look at our selection …

Women-Led Businesses on the Rise in N.H.

Thursday, May 21, 2015

Concord — There was only one problem 28 years ago when Pam Sullivan wanted to launch her own marketing company in Boston. As a female sole proprietor, she had trouble securing a loan. With help from the Small Business Development Center, she put together a business plan and secured the money that helped launch a new career. These sorts of problems are much …

Five Banks Admit Guilt, To Pay Fine

Thursday, May 21, 2015

Washington — They called themselves the Cartel, and that turned out to be an appropriate name. Traders and sales agents used electronic chat rooms, prosecutors said, to conspire to manipulate prices in the $5 trillion-a-day foreign currency markets. They secretly marked up transaction costs, telling customers they hadn’t. “If you ain’t cheating,” said one trader at British bank Barclays Plc, “you ain’t trying.” …

Money Talk: Tips for Finding a Financial Adviser

Sunday, May 17, 2015

Question: We recently inherited some money. We’ve never had much. We want to invest our inheritance for our kids’ college education. We asked around to find investment firms that people have had a good experience with. But how do we know they are honest and make sound investment …

Bird Flu Increases ‘Breaker Egg’ Price

Sunday, May 17, 2015

Chicago — Joe Greco, who’s been churning out cookies and cakes for 27 years, usually uses about 600 pounds of liquid eggs a week at his bakery near Chicago. Now, his freezer has seven times that amount because Greco worries that record prices are about to go even …

The Modernizing of a Classic

Sunday, May 17, 2015

The 50th anniversary Ford Mustang GT is a fastback — and a throwback. It’s an homage to Ford’s glory days, when gas was cheap and custom pony cars dueled at the drag strip with Corvettes, Camaros and GTOs. …

Business Notes: May 17, 2015

Sunday, May 17, 2015

Newport — Lake Sunapee Bank joined three other New Hampshire businesses as a winner of a 2015 Business in the Arts Award from the New Hampshire Business Committee for the Arts. Lake Sunapee Bank was cited for its …

People in Business: May 17, 2015

Sunday, May 17, 2015

Service Credit Union has announced the following promotions at its Dartmouth-Hitchcock Medical Center office: Fran Blodgett, of Sharon, has been promoted from assistant branch manager to branch manager. Blodgett has been with Service Credit Union for more than 16 years. Martha Clarke, of Hartland, has been promoted from …

Union Files Complaint Against Co-op

Thursday, May 14, 2015

Hanover — A Massachusetts-based union has filed a complaint with the National Labor Relations Board against the Hanover Consumer Cooperative Society, alleging management at the Co-op impeded workers’ efforts to unionize. The complaint says that “on about May 6, 2015,” management at the Hanover Co-op Food Store on …

Analyst Identifies Potential FairPoint Buyers

Thursday, May 14, 2015

Talk of a possible sale of FairPoint Communications has picked up recently on the heels of a collective bargaining agreement that will make the company more attractive to prospective buyers. Last week, during FairPoint’s first quarter earnings conference call, CEO Paul Sunu told investors and industry analysts, “We …

Video at Core Of Verizon’s AOL Purchase

Wednesday, May 13, 2015

Washington — With its $4.4 billion purchase of AOL Inc., telecommunications giant Verizon Communications Inc. expands its empire with new online video offerings, advertising technology and a stable of well-known sites, including Huffington Post and TechCrunch. Of those, video might be the big draw, said Angelo Zino, senior …

FairPoint Weighs Sale or Merger

Tuesday, May 12, 2015

FairPoint Communications announced last week it had another net loss in the first quarter, despite saving $680.3 million on retirement benefits through its new collective bargaining agreement. The first-quarter earnings report is FairPoint’s first major financial announcement since company officials signed a new collective bargaining agreement in February …

Driverless Semis Might Precede Cars

Monday, May 11, 2015

Las Vegas — Traveling about 55 miles per hour on a Nevada highway, the big rig’s driver looked like The Thinker, with his elbow on the arm rest and his hand on his chin. No hands on the …