Business

PSNH Requests 7% Rate Increase

Tuesday, December 16, 2014

Concord — Public Service of New Hampshire plans to raise electric rates by 7 percent this winter, a moderate increase compared with increases as high as 40 percent or more from other utilities. In a request filed with the Public Utilities Commission Monday, PSNH proposes to increase its energy charge to 10.56 cents per kilowatt-hour from the current rate of 9.87 cents. If approved by the commission, an average PSNH …

A Rich-Poor Barrier Slows Climate Talks

Monday, December 15, 2014

Lima, Peru — A last-minute deal that salvaged U.N. climate talks from collapse early Sunday sends a signal the rich-poor divide that long held up progress can be overcome with a year to go before a landmark pact is supposed to be adopted in Paris. Still, it remains to be seen whether governments can come up with a new formula for how countries …

Social Security Q&A: What Is Supplemental Security Income?

Sunday, December 14, 2014

Question: What is Supplemental Security Income? Answer: SSI provides monthly income to people with limited income and financial resources. People who never worked at a job that withdrew Social Security tax won’t qualify for Social Security, but may still be eligible for SSI. To be eligible, an individual must be a citizen and resident of the United States or be a noncitizen lawfully …

Brothers to Open New Pub in Newbury, N.H.

Sunday, December 7, 2014

Newbury, n.h. — The outdoor sign o n the abandoned restaurant at the Sunapee traffic circle on Route 103 in Newbury announces the news in capital letters: “THE BOYS ARE BACK IN TOWN.” It’s been a long time — 23 years, an entire generation — and the town …

A Reborn Sedan Breaks From Its Past

Sunday, December 7, 2014

The 2015 Chrysler 200 sedan is a motorized version of the Affordable Care Act. In this case, it is a well-conceived, exceptionally well-executed midsize family sedan that is attractive, complete (when ordered with Premium Group equipment) and affordable, …

Proposed Pension Cuts Would Hit Current Retirees

Sunday, December 7, 2014

Washington — Congress could soon allow the benefits of current retirees to be cut as part of an agreement to address the fiscal distress confronting some of the nation’s 1,400 multi-employer pension plans. Several unions and pension advocates oppose the move, which would be unprecedented, say that permitting …

Quiz: Are You Smart Enough to Retire?

Sunday, December 7, 2014

When are reverse mortgages due? What triggers early withdrawal penalties? What exactly is covered by Medicare again? Retirement planning is hard, and most people struggle to understand the fundamentals, according to a new report by the American College of Financial Services, a nonprofit that educates financial advisers. Only …

Money Talk: Updates to Auto-Pay Programs Are Your Responsibility

Sunday, December 7, 2014

Question: We’ve had three cases of credit card fraud. Each time, the credit card company issued new cards with new numbers and canceled the old ones (along with the fraudulent charges). We had nine monthly auto-payment authorizations set up, and we seethed at the fact that the card …

Job Drop Shows Weak Canadian Market

Sunday, December 7, 2014

Ottawa — Fewer jobs coupled with slowing exports point to a tentative economic recovery in Canada, even as the U.S. labor market powers ahead. Canadian employment fell by 10,700 last month, led by a drop in retail positions, while the unemployment rate rose to 6.6 percent from a …

Randolph Wreaths Glow Solar

Sunday, December 7, 2014

Randolph — Solar energy has been developed to power homes, business, municipalities, cars and planes. Now, a Randolph firm has adapted it for a heretofore underserved energy need: lighting Christmas wreaths. LEDdynamics Inc., which develops and manufactures light-emitting …

Hiring Gains a Turning Point For the Jobless

Sunday, December 7, 2014

Washington — Look past the booming November job gain of 321,000 reported Friday — the best figure in three years in the strongest year for U.S. hiring since 1999. The job market has reached a new milestone on its road to full health: For the first time since …

House Endorses ISIL War

Friday, December 5, 2014

Washington — The Republican-controlled House approved a $585 billion defense policy bill that grants President Obama the authority to expand the U.S. military campaign against Islamic militants in Iraq and Syria despite misgivings about a new American combat role after more than a decade of war. The vote …

Wood Pellet Supply ‘Spotty’

Monday, December 1, 2014

West Lebanon — Last year’s unusually long winter left some owners of wood pellet stoves scrambling to find enough fuel to stay warm in the spring, and that experience has led to an earlier-than-usual demand for pellets this …