Business

U.S. stocks edge higher after 2 weeks of gains

NEW YORK (AP) – U.S. stocks edged higher in late-afternoon trading on Wall Street Monday following two weeks of gains. Trading remained choppy as uncertainty continued over several ongoing trade disputes and their possible effect on economic growth. Technology companies were among the ...

Main Street Money: The path less taken

The retirement crisis is real, and I’m concerned about our future. I believe everything we’ve been told about saving money is wrong. I didn’t always, however, even though I am old enough to have remembered the truth, I, too, bought into the myth. I came to financial services rather late ...

Fiat Chrysler wants to merge with Renault

PARIS (AP) – Fiat Chrysler proposed on Monday to merge with France’s Renault to create the world’s third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles. The merged company would reshape the global industry: it would produce ...

BAE celebrates graduating warriors

NASHUA – BAE Systems recognizes the importance of those who serve in the trenches of battlefields around the world, as well as those who have come home as veterans. Since 2009, BAE has worked to make the transition for returning veterans a little easier through its Warrior Integration ...

Main Street Money: Husbands, consider your wives when planning retirement

I recently did a retirement planning workshop for women. It’s been on my mind for quite a while, ever since I’ve seen the messes men have put their wives in because of bad planning. One such is a good client of mine, call her Alice, whose now deceased husband, Ted, elected a single-life ...

D-H’s Manchester clinic is expanding

MANCHESTER – Ground was formally broken Tuesday for a new 90,000 square-foot expansion of Dartmouth-Hitchcock’s Manchester clinic. An ambulatory surgery center will include state-of-the art operating rooms, including ones dedicated for pediatric patients. The new space will include ...

Tighe & Bond moves up national rankings

WESTFIELD, Mass. – Tighe & Bond, one of the leading full-service engineering and environmental consulting firms in the northeastern U.S., climbed 19 spots this year to No. 222 on Engineering News Record’s (ENR) 2019 Top 500 Design Firms ranking. In the past two years, Tighe & Bond ...

Nashua’s Adult Learning Center recognized as education business leader

NASHUA – Nashua’s Adult Learning Center has been recognized as one of 10 companies honored by Business New Hampshire Magazine as 2019 Businesses of the Year. As noted in the nonprofit’s mission statement, the center is designed to provide the academic skills, job training and support ...

Main Street Money: The looming ‘care-tastrophy’

There are a lot of things that can literally eat your lunch when it comes to retirement. Inflation, taxes, market risk, outliving your money, making poor decisions – all of these can be retirement killers. Further, they are all exacerbated by longevity. The longer you live, the more each can ...

U.S.-China trade tensions rattle markets

The Dow Jones Industrial Average tumbled more than 500 points Tuesday amid a broad sell-off on Wall Street as the U.S. and China inched closer to a potential escalation in their costly trade war. The U.S. was set to impose higher tariffs on China on Friday, a day after representatives from ...

Telegraph taking nominations for 40 under forty

NASHUA – The Telegraph and Clark & Lavey Benefits Solutions are looking to recognize working individuals in the community who go above and beyond each and every day as part of the inaugural 40 under 40 awards. Though these individuals may be known in their own work environment, The ...

Companies can protect their competitive edge from former employees

New Hampshire employees have a duty of loyalty while they are employed by the company which generally, even absent an agreement, prevents an employee from working for a competitor or funneling potential company business to the employee’s own side business. New Hampshire also has a statute ...

Looking up: Pfizer 1Q profit jumps 9% on higher drug sales, lower costs

Higher prescription drugs sales and restrained spending together gave drugmaker Pfizer a 9% jump in first quarter profit as it easily topped analysts’ profit expectations. Investors drove up Pfizer shares $1.20, or 3%, to $40.79 in early afternoon trading. Sales of breast cancer drug ...

‘Privacy focused’ Facebook puts the spotlight on groups

SAN FRANCISCO (AP) – Facebook CEO Mark Zuckerberg kicked off the company’s annual F8 developer conference Tuesday with more details about his new “privacy-focused” vision for the social network – including a major redesign of Facebook’s app and website that is built around letting ...

Powell Stone & Gravel grand opening set

Jeff and Steve Powell, the owners of Powell Stone & Gravel, will host a grand opening for their new Brookline location from 10 a.m. to 2 p.m. on May 4. A leader in the landscape and masonry supply industry, Powell Stone & Gravel serves both professional contractors as well as ...

Outlook for the U.S. economy and stock market bolsters confidence

WASHINGTON (AP) – The worries that hung ominously over the U.S. economy early this year appear to have lifted. And that sunnier picture has helped bolster confidence in the stock market – driving the benchmark S&P 500 index to another record high Friday. The latest dose of ...

Main Street Money: Input vs. Income

When you think about your money, what do you think about? Do you think about your investments? Do you dwell on asset classes and allocations? Do you think about all the money you’ve made in the market, and all the money you still plan to make? Do you think about risk classes and sectors? ...

Teaming Up: Company works to mold an industry-to-school partnership

NASHUA – A team from Whelen Engineering, a company that designs and manufactures audio and visual warning equipment for automotive, aviation, and mass notification industries worldwide, has been working with the Nashua Technology Center’s Marine Robotics class to develop a mold that will ...

Gearing Up: Tesla to release fully self-driving cars amid skepticism next year

SAN FRANCISCO (AP) – Tesla expects to have full self-driving cars in which humans won’t have to touch the steering wheel around the second quarter of next year. The company made the announcement during an investor conference at its Palo Alto, California, headquarters Monday, in which it ...

Samsung delays folding phone launch

SAN FRANCISCO (AP) – Samsung is pushing back this week’s planned public launch of its highly anticipated, $2000 folding phone after reports that reviewers’ phones were breaking. The company had been planning to release the Galaxy Fold on Friday, but instead it will now run more tests ...