Business

Takata’s Air-Bag Crisis May Spur Maintenance Changes in Japan

Monday, December 22, 2014

Tokyo — Takata Corp.’s air-bag crisis could spur changes to how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices. Drivers may need to start having chemicals in their air bags swapped out because of degradation over time, said Fumihiko Ike, chairman of the Japan Automobile Manufacturers Association and Honda. The discussions among carmakers follow recalls of …

Study: Knowledge About Retirement Is Shaky

Sunday, December 21, 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 20 percent of people in or near retirement who were surveyed by the group passed …

At the Hospitals: Dec. 21, 2014

Sunday, December 21, 2014

APD Names Associate VP For Information Services Lebanon — Kristen Kneisel was recently appointed associate vice president for information services at Alice Peck Day Memorial Hospital. Kneisel served most recently as the interim director and project manager for information services at the hospital. Her experience in information systems and healthcare include working with …

Stocks Plunge as Oil Rout Continues

Sunday, December 14, 2014

New York — A rout in oil prices shook financial markets Friday, pushing stocks to their worst weekly loss in two and a half years. The stock market fell sharply as investors worried that slumping oil demand is signaling that growth outside of the U.S. is weaker than …

Banks Eye Rollback Of Rules

Sunday, December 14, 2014

Washington — Banks and Dodd-Frank Act foes on Capitol Hill, close to achieving their biggest financial-regulation rollback since the 2008 credit crisis, are already looking to next year for more wins. Wall Street firms such as JPMorgan Chase and Goldman Sachs and regional counterparts like PNC Financial Services …

U.S. Egg Market to Be Disrupted as Cages Made Roomier

Sunday, December 14, 2014

Chicago — Eggs are about to get more expensive as California moves to make sure hen houses are roomy enough to allow the birds to lie down, stand up, extend their wings and move around. Farmers nationwide who want to continue selling to the most populous U.S. state …

Norwich Artisanal Chocolatier My Brigadeiro Opens Storefront in Hanover

Sunday, December 14, 2014

Hanover — My Brigadeiro, the Norwich-base gourmet chocolatier that has won a national following while operating out of owner Ana Paula Alexandrescu’s home for the past two years will be opening its first store in Hanover five days before Christmas. The store, in the spot formerly occupied by …

2015 Camry at a Glance

Sunday, December 14, 2014

2015 Toyota Camry Times take: An update that catches up to rivals Highs: Impressive upgrades to interior refinement, huge back seat Lows: Wind noise at freeway speeds, fuel economy could be better Vehicle type: Four-door mid-size family sedan Base price: $23,795 Price as tested: $30,575 Powertrain: 2.5-liter, direct-injected …

Older Boomers Stay Put, Stabilizing Home Prices

Sunday, December 14, 2014

Washington — Bill Braswell is staying put in his Virginia home even though he could sell it for 10 times what he paid in 1980 and some of his retired friends are moving to warmer climates. “I’m on boards and commissions and I enjoy that brain activity, so …

Burger King Move Could Save $1.2 Billion

Friday, December 12, 2014

Canada should be a cozy new home for Burger King. The fast food giant stands to save as much as $1.2 billion in taxes over the next three years by moving its headquarters from the United States to Canada, according to a report by Americans for Tax Fairness, …

Economist: Housing market flouting historical expectations with delayed recovery

Friday, December 12, 2014

Concord — It’s almost time for Dennis Delay to retire a slide he has been bringing with him to illustrate part of his speeches about the economy for several years. A bunch of jagged lines on a chart crashing down and then generally crawling back up, it shows …

Widespread FairPoint outage reported in New Hampshire, Vermont

Friday, December 12, 2014

FairPoint Communications said a problem that occurred during routine maintenance led to a loss of high-speed internet service for thousands of customers in Vermont and New Hampshire on Thursday. Spokesman Jeff Nevins said the hardware problem knocked out service for all of Vermont and part of New Hampshire …

Oil Price Takes Another Dive on OPEC Report, U.S. Supplies

Thursday, December 11, 2014

New York — The price of oil took another dive Wednesday, plunging to five-year lows amid mounting evidence that global supplies are far outstripping demand. The U.S. Energy Department reported a surprise increase in domestic oil inventories and OPEC projected that demand for its crude would sink next …