P/sunny
58°
P/sunny
Hi 75° | Lo 53°

Business

Mt. Ascutney Projects Break-Even for 2016 Budget

Monday, August 3, 2015

Windsor — After two straight years of losing money in its health care operations, Mt. Ascutney Hospital and Health Center is projecting that in its upcoming fiscal year it will break even in its core business — but only just barely. In a July 1 letter and budget projections for the fiscal year that will begin Oct. 1 that were filed with Vermont’s Green Mountain Care Board, Mt. Ascutney said …

Cheaper Power For Northeast Is Just North

Monday, August 3, 2015

Concord — Plenty of raw electricity sloshes around in Quebec’s rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation’s highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely. In review or under construction are five large-scale hydropower proposals that could pump thousands of megawatts into the …

Proof of Trump’s Charity Giving Elusive

Monday, August 3, 2015

Washington — Donald Trump, widely believed to be the wealthiest American ever to run for president, is nowhere among the ranks of the country’s most generous citizens, according to an Associated Press review of his financial records and other government filings. Trump has said he donated $102 million worth of cash and land to philanthropic and conservation organizations over the past five years. …

As Fair Nears, League of NH Craftsmen Has 2 New Leaders

Sunday, July 26, 2015

Newbury, n.h. — When the 82nd New Hampshire League of Craftsmen’s Fair opens Saturday, there will be two new faces leading the event, which has become an annual pilgrimage for many in New England. Jane Oneail took over …

Jewell Transport Will Propose New Facility at Industrial Park

Sunday, July 26, 2015

Claremont — The trucking company that is proposing to build a new facility in the Syd Clarke Industrial Park will present a site plan to Planning Board on Monday. Jewell Transport now operates in a 71,000-square-foot building at 356 River Road it bought in 2004 and the new …

Consumer Confidential: Cutting the Cable Cord and Embracing a Digital Media World

Sunday, July 26, 2015

I have seen the future, and it doesn’t have cable TV. Our house is undergoing some repairs, so we’ve been staying elsewhere for the past week. I’ve been using my tablet computer for online access to HBO, Showtime and the other premium networks that make up most of …

Money Talk: Options for Paying for College

Sunday, July 26, 2015

Question: I have two kids heading to college. Both need co-signers for their student loans. Will me co-signing have a negative effect on my credit? The kids have no choice. I’m middle class, having made enough to get myself by as a divorcee, but there’s no college savings. …

Biotech, Commodities Lead Dow Retreat

Sunday, July 26, 2015

New York — U.S. stocks fell Friday, with the Dow Jones industrial average posting its worst week since January, as biotechnology shares slumped and raw-material producers sank amid fresh signs of a slowdown in China. Biogen lost 22 percent after cutting its 2015 earnings forecast. Raw-material and energy …

Robots Add to Job, Price Slump in Canada Oil

Sunday, July 26, 2015

Calgary — Truck driver Craig Huzulak is unemployed after losing his job four times since December — the new normal in a Canadian oil patch still reeling from a downturn. Huzulak, 49, was working at a mine last year near Fort McMurray, Alberta, when crude prices plunged and …

Automaker Recalls 1.4 Million Cars

Sunday, July 26, 2015

Three days after a report that hackers took control of a Jeep Cherokee and drove it into a ditch, Fiat Chrysler Automobiles recalled 1.4 million vehicles for a software update. The automaker said the hack appeared to be an isolated incident that could not be easily repeated. The …

Anthem Sets Merger With Cigna

Friday, July 24, 2015

Washington — Anthem, the nation’s second-largest health insurer by revenue, will acquire Cigna, the nation’s fifth largest, the companies announced Friday, creating a health insurance behemoth that raises fresh questions about competition in the industry. The $54.2 billion deal will create the largest private health insurer as measured …

Brattleboro Co-op Moving on From Unionization Fallout

Thursday, July 23, 2015

Brattleboro, Vt. — When the Brattleboro Food Co-op in southeastern Vermont’s largest town moved from its old Eisenhower-era shoebox of a building to a new $9 million, four-story block in 2012, everyone noticed the difference. But when co-op …

U.S. Housing-Market Recovery Hits 8-Year High

Thursday, July 23, 2015

Washington — America’s housing-market recovery is in full swing. Purchases of previously owned homes climbed 3.2 percent in June to a 5.49 million annualized rate, the strongest since February 2007, the National Association of Realtors said Wednesday. Lean inventory pushed prices to an all-time high and listed properties …