Business

Stocks tumble on debt debate

NEW YORK – U.S. stocks were hammered Wednesday with no end in view to political sparring over raising the debt limit and economic data that only heightened uncertainty about the recovery. “The debate in Washington is creating more and more uncertainty, and the longer it ...

With phones in hand, urbanites campaign

As all the world knows, the Honorable Michael Nutter is the mayor of Philadelphia. Not in the world of Foursquare, though. In that social-media world, the mayor of Philadelphia is some guy named “Frank S.,” from New York. In Foursquare, there’s a mayor of the Ben ...

Southwest ending Manchester nonstop flights to Philly, Las Vegas

Forget the Philly cheesesteak and the Vegas showgirls. Instead, consider another spot of Florida sun. Southwest Airlines announced Monday that it will shake up its service, ditching nonstop flights to Philadelphia and Las Vegas out of Manchester-Boston Regional Airport early next year. In ...

Uniform supplier with local facility ranked high

NASHUA – UniFirst, a supplier of uniforms, work wear and protective clothing, has been ranked one of the nation’s top 50 apparel companies for 2011 by Apparel Magazine. Apparel Magazine, a leading resource for global apparel executives, featured UniFirst in the No. 13 ...

Local company’s tuner seeks to help cell-phone tuning problems

NASHUA – Do you remember the brouhaha that erupted when iPhone users were told some of their calls disappeared because they were the holding the phone wrong? This “death grip” sounded like a joke to most of us, but it sounded like money to Paratek. The small tech ...

Grocery shoppers cut gas bills with points

BALTIMORE – Faith E. Wachter doesn’t normally spend as much as $17 on shampoo in a single shopping trip. But by stocking up on hair-care products recently, the Ellicott City, Md., resident saved more than $4 on gasoline for her car – and just in time for a drive ...

Parties push rival debt plans

WASHINGTON – With the deadline for raising the nation’s debt limit and prospects for financial-market panic now a week away, an impatient, frustrated President Barack Obama warned the nation Monday night that the partisan impasse risks “sparking a deep economic ...

Parties switch on debt limit

WASHINGTON – In the battle to raise the debt ceiling, politics usually trumps principle. How else to explain the 180-degree turns that lawmakers of both parties have made in congressional debt ceiling votes since 2002? President Barack Obama and Senate Majority Leader Harry Reid, ...

Copper Door restaurant under construction in Bedford

Think of it as when one door closes, the Copper Door opens. At least, that’s the idea behind the latest restaurant endeavor headed to Bedford, with well-known restaurateur Tom Boucher at the helm. Boucher is adding the Copper Door to his growing list of successful restaurants in the ...

Hudson company expands, adds employees

HUDSON – One local business is showing improvement in the down economy, and recently hired 12 new employees to work at its new location. Airex Filter, with headquarters on Clement Road in Hudson, expanded to a second location on Executive Drive this spring. The building will be used ...

China’s economic fortune cookie

A couple of weeks ago I’d originally started my column by indicating my call for a second-half downturn might be wrong. But then the June jobs report hit, and I hit the delete key on that intro. It’s now mid-July, and despite the lackluster jobs climate and ...

Blockbuster keeps 1,500 stores open

DALLAS – If your neighborhood Blockbuster store is open, it’s cleared a hurdle with new owners Dish Network Corp. Dish, the No. 2 satellite TV provider, told the bankruptcy court Thursday that it plans to assume about 1,500 Blockbuster leases, wrapping up a bankruptcy that ...

Airparks let pilots live close to runway

CHICAGO – With street signs carrying names like “Cessna Lane,” and “attached” meaning an airplane hangar instead of a car garage, it’s a safe bet that Brookeridge Aero Estates isn’t a typical subdivision. For Arnie Zimmerman ...

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 ...