Business

Market Basket Movie Nears Release

Thursday, July 2, 2015

Boston — One of the most remarkable work stoppages in U.S. labor history soon will be the subject of a documentary film. Food Fight: Inside the Battle for Market Basket is being edited and is scheduled to be released in the fall, said director Jay Childs, a New Hampshire-based film maker who’s been working on the project for two years. The documentary is about the yearslong power struggle between cousins …

Obama Proposes Changes to Overtime Pay

Wednesday, July 1, 2015

Washington — Here’s a convenient way of getting more work out of your employees, without paying the required time-and-a-half pay for anything over 40 hours a week: Call them “managers.” Currently, these so-called white collar workers are exempt from overtime if they make more than $455 a week or $23,660 per year, even if they perform routine tasks like stocking shelves at a …

Tuesday, June 30, 2015

Like all states, Vermont faces its own obstacles when it comes to growing the economy. Joan Goldstein, a Royalton resident and Vermont’s recently appointed commissioner of economic development, places the need for skilled workers, built space, infrastructure and affordable housing at the top of the list. A transplanted New Yorker with roots in …

Maple Lanes Upgrades: Claremont Bowling Center Uses Familiar Synthetic

Sunday, June 21, 2015

Claremont — To the non-bowler, the new lanes at Maple Lanes are beautiful, clean and much improved in appearance from the old faded and discolored wooden lanes. The regular bowler sees much more. “Theoretically, it is more uniform …

Business Notes: June 21, 2015

Sunday, June 21, 2015

White River Junction — Mascoma Savings Bank has been allocated $55 million in federal tax credit authority by the U.S. Treasury Department’s Community Development Financial Institutions Fund. The New Market Tax Credit Program enables economically distressed communities to access private investment capital by providing investors with a federal …

Deere Dealer Heads for Hartland

Sunday, June 21, 2015

White River Junction — After 24 years at 240 S. Main St., downtown fixture L.F. Trottier & Sons is departing White River Junction for Hartland. On Aug. 1, the company will swap its current 3,800-square-foot shop for an 8,000-square-foot facility on Route 5 in Hartland. It will move …

Avian Flu Drives Up Egg Prices

Sunday, June 21, 2015

Kansas City, Mo. — Three weeks ago, if you ordered a three-egg omelet from Roxanne’s Cafe in the Kansas City suburb of Parkville, you would probably get a five-egg omelet instead. Cooks weren’t too concerned about how many …

Apple, Google Give a Reason to Pay by Phone

Sunday, June 21, 2015

San Francisco — The tech industry has been saying for years that smartphones would make traditional wallets obsolete. But most people still use cash or plastic when they shop in stores. That could change later this year when …

Yankee Great Invests in Cyber-Bully Deterrent

Sunday, June 21, 2015

New York — Derek Jeter’s first tech investment since retiring from the New York Yankees is an app to combat online bullying. Jeter has invested in STOPit, a mobile application that allows students to anonymously report abuse to school administrators in real time. The Turn 2 Foundation, which …

Oil-Sands Plans on Decline

Sunday, June 21, 2015

Calgary, Alberta — The era of the megaproject in Canada’s oil sands is fading. Crude’s price slump, pressure to get off fossil fuels and tax increases in Alberta are adding to high costs and a lack of pipelines, …

5 Homebuying Tips From Dad

Sunday, June 21, 2015

It was a different world when Dad bought his first home. But oddly enough, a lot of his homebuying advice (unlike his socks-and-sandals choice) is back in fashion. Putting up a sizable down payment, holding back some cash reserves in the bank, and shopping smart so you can …

Fed’s View of Economy Means Slow Rate Rise

Sunday, June 21, 2015

Washington — For Federal Reserve officials, the U.S. economy is a glass house where aggressive moves could break something. While the median forecast of policymakers still calls for two interest-rate increases by year-end, more officials say just one …

Organic Farming More Profitable, Analysis Finds

Sunday, June 21, 2015

Minneapolis — Organic farming is more profitable than conventional farming, according to a new report that analyzes dozens of studies. The analysis, published in the Proceedings of the National Academy of Sciences, found that the premium organic farmers can charge for their products makes their operations financially sustainable. …