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Business

Geisel Will Turn To Layoffs

Wednesday, October 1, 2014

Lebanon — Financial woes at Dartmouth College’s Geisel School of Medicine will lead to layoffs, the college said Tuesday. “As part of our plan to return to a sustainable budget, we are restructuring some areas of the medical school, which unfortunately will result in the elimination of some positions,” spokeswoman Diana Lawrence said in an emailed statement. Lawrence declined to comment “on the number of layoffs or the details of …

Redemptions at Pimco After Gross’ Resignation

Tuesday, September 30, 2014

New York — Pacific Investment Management Co.’s Chief Executive Officer Douglas Hodge said the firm is expecting and is ready for client redemptions following the departure of co-founder Bill Gross. In a conference call with analysts where he was joined by top executives at Pimco parent Allianz SE, Hodge said management changes have triggered reviews with some clients and that it’s too early …

Air Traffic Sabotage Impact Could Be in the Millions

Tuesday, September 30, 2014

Chicago — The economic impact of a sabotaged radar center near Chicago that struck at the heart of the nation’s air transportation grid will easily soar into tens of millions of dollars and perhaps hundreds of millions, experts say. The impact on some 44,000 passengers alone has already climbed near $30 million, according to masFlight, an aviation operations data firm. And that doesn’t …

Wynn Resorts Wins Casino Bid

Wednesday, September 17, 2014

Boston — Wynn Resorts has won the competition for the lucrative Boston-area casino license, besting rival Mohegan Sun largely on the strength of its $1.6 billion project’s economic development potential. The Massachusetts Gaming Commission voted 3-to-1 Tuesday to award the license to the Las Vegas casino giant, which …

Going Green In Vermont Hits Milestone

Monday, September 15, 2014

Burlington — Vermont’s largest city has a new success to add to its list of socially conscious achievements: 100 percent of its electricity now comes from renewable sources such as wind, water and biomass. With little fanfare, the Burlington Electric Department crossed the threshold this month with the …

Social Security Q&A: Will Private Policy Reduce Disability Benefit?

Sunday, September 14, 2014

Question: I’m thinking about getting disability protection from a private company. If I become disabled and have a private policy, would it reduce my Social Security disability benefit? Answer: No. Having private insurance does not affect your eligibility for Social Security disability benefits. But you may be interested …

Study: Car Technology Systems Failing Consumers

Sunday, September 14, 2014

Here’s why consumers say they don’t like the fancy tech systems in their cars: They don’t work very well. Auto manufacturers face deepening challenges with technology as customer frustration with their multimedia systems builds, according to a study from market research firm J.D. Power and Associates. Technology issues …

Farm Education at N.Y. Farm

Sunday, September 14, 2014

Pocantico Hills, n.y. — Agriculture tourism lures travelers each fall with farms offering petting zoos, dressed-up scarecrows, pick-your-own pumpkins and pony rides. But Stone Barns, in New York’s Hudson Valley, offers a different type of agritourism. Stone Barns …

At the Hospitals: Sept. 14, 2014

Sunday, September 14, 2014

Dartmouth Faculty, Alumni Discuss Advances in Disease Treatments Hanover — Faculty and alumni of the Geisel School of Medicine at Dartmouth will discuss recent advances in the prevention, diagnosis and treatment of chronic and life-threatening diseases in a …

Blood Drives Include Woodstock Event

Sunday, September 14, 2014

Woodstock — A series of blood drives being held across Vermont this month includes one on Sept. 26 from 12:30-5:30 p.m. at Woodstock Union High School. The American Red Cross is sponsoring the drives as part of National Preparedness Month. “A stable blood supply is central to ensuring …

Move to Canada Risks Burger King Loyalty

Sunday, September 14, 2014

Burger King Worldwide is at risk of losing U.S. customers in the wake of a decision to move its headquarters to Canada, according to a survey from YouGov BrandIndex. Consumer perception of the brand -- measured by YouGov BrandIndex’s Buzz score -- has turned negative following an Aug. …

McDonald’s Tries Taking Orders on Tabletop Tablets

Sunday, September 14, 2014

If you’ve ever felt guilty ordering at McDonald’s, the fast-food mega-chain has just the fix: You can now order your own quarter-pound bacon cheeseburger from a welcoming, non-judging machine. Battling the worst sales slump in a decade and competition from build-your-own upstarts like Chipotle and Smashburger, McDonald’s is …

Boston Developer Has Plan for Faneuil Hall Area

Sunday, September 14, 2014

Boston — A Boston real estate developer is proposing to transform a cluster of office buildings near Faneuil Hall into a vibrant commercial complex featuring restaurants, retail and hotel space. Related Beal’s proposal for Congress Square calls for adding 50,000-plus square feet of restaurant and retail space to …