Business

6 Ways You’re Sabotaging Your Credit Repair Efforts

Sunday, April 26, 2015

Although the financial climate is improving and unemployment rates continue to drop, many consumers are struggling. Last year alone, U.S. courts reported nearly 1 million cases of Chapter 7 and Chapter 13 bankruptcy filings. How does a financial hardship like bankruptcy affect your long-term credit health? For one, the damage can remain on your credit report for seven to 10 years. If your credit is severely damaged because you filed …

Claremont Chamber Wants Full-Time Executive Director

Sunday, April 26, 2015

Claremont — The Greater Claremont Chamber of Commerce is searching for a new executive director and is returning the job to a full-time position for the first time since 2012. Jamie Richardson, marketing manager at Claremont Savings Bank and president of the chamber’s board, said the business booster organization hopes to have a new head on board by the end of June, when …

Dream of Paperless Society Remains Just That, a Dream

Sunday, April 26, 2015

The dream of a paperless society may need to be crumpled and tossed out due to the realities of American life. Last month, Adobe announced that it’s turning its document-creation software into an Internet service. Consumers and business people will now more easily be able to view, edit, share and even sign digital documents in Adobe’s widely used PDF format, meaning that there …

King Arthur Flour Honored as ‘Best for Workers’ by B Lab

Sunday, April 19, 2015

Norwich — B Lab, the Wayne, Pa.-based nonprofit organization that certifies companies on standards of social and environmental performance, accountability and transparency, has named King Arthur Flour to its fourth annual “B Corp Best for Workers” list and …

Theft of Your Medical Records Can Be Life-or-Death Situation

Sunday, April 19, 2015

Identity theft to many people is not a big deal because it has become synonymous with the minor hassle of dealing with a stolen credit card number. You get another card, and you’re not out any money. And it happens so often, we’ve become numb to data-breach headlines. …

Greece Default Fears Shake Stock Markets

Sunday, April 19, 2015

New York — Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday. News that negotiations between Greece and its international lenders were making little progress sent European stock markets down sharply, and the selling spread across the Atlantic. By the …

Money Talk: Business Credit Cards Lack Protections

Sunday, April 19, 2015

Question: I have a business credit card that offers cash rebates. It has an interest rate of 15.24 percent on purchases and 25.24 percent on cash advances. I carry balances in each category. Each month the issuer posts my entire payment to my lower-interest purchases balance and nothing …

Officials See Rising Risks To Recovery

Sunday, April 19, 2015

Washington — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk. After finance officials wrapped up three days …

Giant College Chain Fined $30 Million

Thursday, April 16, 2015

Los Angeles — U.S. Department of Education dealt a $30 million fine Tuesday to California-based Corinthian Colleges Inc., a for-profit college operator that has been on the brink of collapse following a federal crackdown last year. The Education Department said Corinthian misrepresented job placement rates to students in …

Europe Goes After Google On Anti-Trust

Thursday, April 16, 2015

Europe’s top antitrust regulator, announced Wednesday that she was formally accusing Google of violating European antitrust laws by favoring its search results over those from competitors. While an investigation of Google had dragged on for five years without …

15 Minutes of Viral Fame

Sunday, April 12, 2015

New York — Fifteen minutes of Internet fame can create long-term riches for a small business. Whether it’s a photo that gets shared on social media like the recent controversy over the color of TheDress or a funny …

At the Hospitals: April 12, 2015

Sunday, April 12, 2015

Mt. Ascutney Taps Nurse, Doctor For Senior Leadership Team Windsor — Dr. Joseph Perras and Patti Strohla, a registered nurse, have joined the senior leadership team at Mt. Ascutney Hospital and Health Center. The team, which includes the …

Smaller Banks Lending Again

Sunday, April 12, 2015

Washington — Smaller banks have sharply stepped up lending for commercial real estate development and business expansion, an important sign that the economy is shedding the last vestiges of the Great Recession. These loans underwritten by smaller banks — regional banks with assets below $50 billion and community …