Business

Google+ sees early success

SAN JOSE, Calif. – If not for Google’s first three flops at social networking, the search giant might never have come up with a viable challenge to Facebook and Twitter. Google’s fourth and most ambitious attempt at social networking has set Silicon Valley abuzz, ...

SkillSoft introduces UK Bribery Act E-Learning Course

NASHUA – SkillSoft has announced a new Legal Compliance e-learning course for the United Kingdom ‘s Bribery Act 2010. SkillSoft, a leading software-as-a-service provider of e-learning and performance support solutions for global enterprises, government, education and ...

Bugaboo Creek under new ownership

Bugaboo Creek Steak House is under new ownership. Capitol BC Restaurants LLC takes over as the new owner of the steak house, which has 12 locations throughout the Eastern Corridor, including two in New Hampshire, in Nashua and Newington. “Since taking ownership of Bugaboo Creek ...

American buys new aircraft

FORT WORTH, Texas – American Airlines announced Wednesday that it will purchase 460 new aircraft in the next decade, which it called the largest jet order in aviation history. The Fort Worth-based carrier said it plans to buy 260 Airbus aircraft – half will be A320s and ...

Bank of America tries to change

HACKENSACK, N.J. – Luis Morales, owner of Andre’s Wine and Spirits in Leonia, N.J., opened a business checking account at the Bank of America branch across the street from the shop when he acquired the business three years ago. Last year he closed the account in a huff and ...

Book examines ethical decisions

Are we as ethical as we think we are? An important new book by Tufts University professor and Harvard Program on Negotiation mainstay Max H. Bazerman and Notre Dame professor Ann E. Tenbrunsel says probably not. In “Blind Spots – Why We Fail to Do What’s Right and ...

Bank of America reports quarterly loss of $8.8b

CHARLOTTE, N.C. – As expected, Bank of America Corp. on Tuesday gave investors an historically bad quarterly earnings report. The Charlotte-based bank said it lost $8.8 billion in the second quarter, as more than $20 billion in previously disclosed mortgage-related charges walloped ...

Borders to liquidate after sale efforts collapse

DETROIT – Borders Group threw in the towel Monday afternoon and agreed to submit a previously announced liquidation plan to the U.S. Bankruptcy Court in Manhattan on Thursday. The Ann Arbor, Mich.-based bookseller had been trying to reorganize for five months, but was overwhelmed ...

Approach summer sales with caution

CHARLOTTE, N.C. – With summer sales kicking into high gear, it can be tempting to throw caution to the wind and embark on some pre-Christmas splurging. We’ve rolled past the Father’s Day and Fourth of July deals and into the back-to-school zone. But some experts ...

New space race: Orbital will outsource

MIAMI – When the space shuttle Atlantis launched July 1, it had one primary mission: Resupply the International Space Station. And when it returns to Earth, another spaceship is ready to take on that mission – for a profit. A California company has a rocket and a $1.6 ...

ARC, Gupta fight back against GT Solar claims

NASHUA – Kedar Gupta, co-founder and former CEO of GT Solar International, charges in a countersuit filed last week in Nashua that he was told he faces being “hanged or crushed” in a nasty legal battle developing between his former firm and his current one, ...

Job starts at auto repair shop

NASHUA – City building officials will be keeping a close eye on Bell Auto Repair Service Inc. at 93 E. Hollis St. over the next few weeks after the owner allegedly began renovating the building over the July Fourth weekend without first obtaining the required building permits, Mike ...

NH sets pace for ‘clean’ jobs

Over the past several years, New Hampshire has added a higher percentage of green jobs than every other state in New England, according to a report by the Brookings Institution. Released this week, the report by the Washington, D.C.-based think tank looked at green job growth by state from ...

The more things change

Roger Clemens may have dodged a bullet without the help of steroids. Prosecutors pulled a Bill Buckner – which may end the entire affair on whether or not he lied to Congress. Frankly, I don’t care. He’s an idiot whose fastball registers higher than his IQ. For ...

NH small businesses to get $13m

Small businesses in the Granite State will receive $13 million from the State Small Business Credit Initiative, Sen. Jeanne Shaheen announced. SSBCI, a program through the U.S. Treasury Department’s Small Business Jobs Act, will bring $13 million in federal funds to New Hampshire ...

E-mails reveal Wachovia’s efforts to shape bailout bill

CHARLOTTE, N.C. – Soon after the Treasury Department proposed buying up distressed mortgage assets in September 2008, a Wachovia lobbyist was working to make sure the Charlotte bank’s troubled loans would be included, an email obtained by McClatchy Newspapers shows. In a ...

Jobless benefits requests sink

WASHINGTON – New applications for unemployment benefits fell last week to the lowest level in three months, suggesting fewer layoffs in early July than usual, according to government data. Initial claims for state benefits dropped 22,000 to a seasonally adjusted 405,000 in the week ...

Backlash over Netflix price bump

SAN JOSE, Calif. – In the space of a day, Netflix Inc. seems to have transformed itself from one of the best-loved companies to one of the most hated – at least among thousands of its customers. After the Los Gatos, Calif.-based DVD and streaming video company announced ...

Pawnbroker enjoys role as ‘poor man’s bank’

PHILADELPHIA – Outfitted in two-tone spectator shoes, a bow tie, pleated pants, and a white dress shirt as perfectly pressed as his mustache was groomed, Stanton Myerson, a jeweler’s loupe dangling from a chain around his neck, seemed conspicuously out of place as ...

Still-optimistic Fed open to stimulus

WASHINGTON – Federal Reserve Chairman Ben S. Bernanke sought to reassure lawmakers and the nation that the central bank stood ready to spring into action if the economy stumbled further as the deadline looms on the nation’s debt limit, Europe’s financial problems ...