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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 …

More Mortgage Lenders Accused of Discrimination Against Pregnant Couples

Sunday, September 28, 2014

Washington — The couple, who had just had twins, thought everything was on track when their mortgage application was approved and the closing for their new Virginia home was scheduled. But when the lender — FirstBank — learned that the wife was on maternity leave, it reversed its …

Dollenmaier Put Her Own Assets at Risk

Sunday, September 28, 2014

By personally guaranteeing the lease and not insulating herself from personal liability through a separate corporation, Dollenmaier put her own assets, including her real estate, at risk when the New York landlord decided to press his claim for breach of contract. It took years for the landlord to …

Grafton Store Sold at Auction

Saturday, September 27, 2014

Grafton — The Grafton Country Store, which closed in June due to financial insolvency, may reopen in the next few months, having been purchased at auction Friday by a New England fast-food franchise owner. Larry Wiley, of Epsom, …

Major Food Brands Target Male Shoppers

Saturday, September 27, 2014

In the race to attract consumers, major American food companies are tweaking their playbooks to go after a once-ignored group: men. Men are now the primary grocery shoppers in about four in 10 households. But men, food companies …

Burger King Purchase of Tim Hortons A Go

Wednesday, September 24, 2014

Washington — Burger King Worldwide Inc.’s deal to buy Tim Hortons and move its address to Canada will proceed, a day after the U.S. Treasury Department announced plans to crack down on corporate inversions. Scott Bonikowsky, a Tim Hortons spokesman, said the deal is “moving forward as planned” …

At the Hospitals: Sept. 21, 2014

Sunday, September 21, 2014

New London, Cottage Hospitals Receive Awards Concord — Two local hospitals were among those honored recently by the New Hampshire Hospital Association. Bruce King, president and CEO of New London Hospital, received the Leslie A. Smith President’s Award. …

A Fight for Digital Copyright Reform

Sunday, September 21, 2014

When the Librarian of Congress reversed course and banned the unlocking of cellphones two years ago, Sina Khanifar took it as almost a personal affront. Khanifar was involved in the original effort to legalize unlocking back in the mid-2000s after he developed a program that helped consumers break …

Yelp Fined $450K Over Registration Minors

Sunday, September 21, 2014

Washington — Yelp has agreed to pay a $450,000 settlement after federal officials accused the company of violating privacy rules by not properly screening minors in its registration process. But are kids rating restaurants? Not exactly. The restaurant review site admits its registration process failed to screen minors. …

Europe Rejects U.S. Apples Because of Freshness Coating

Sunday, September 21, 2014

Washington — With the harvest underway, Jon Alegria figures he’ll pack more than 400 million apples from this year’s crop by mid-November, relying on a widely used chemical to keep them looking fresh for months. Before sending them …

Don’t Look to Chiropractors for a Cure for Diabetes, Other Illnesses

Sunday, September 21, 2014

There are thousands of competent chiropractors in California helping people deal with back or neck pain. And then there are some who run newspaper ads with bold claims about breakthrough treatments for diabetes and other chronic illnesses. Robert Puleo, executive officer of the California Board of Chiropractic Examiners, …