Business

CitiFinancial office to change name

NASHUA – The CitiFinancial office at Greystone Plaza on Amherst Street will change its name to OneMain Financial on Friday. To celebrate the new name, the branch will hold a sweepstakes throughout July. Customers and members of the community may be eligible to win a Blu-ray player. ...

New Hampshire Magazine wins Business in Arts Award

New Hampshire Magazine has won a Business in the Arts Award from the New Hampshire Business Committee for the Arts. At an awards ceremony in Manchester, New Hampshire Magazine was applauded for outstanding support of the arts through donations of time, money and resources to the arts, and ...

Homebuilder wins customer service award

NASHUA – GM Roth has been awarded a 2011 Guildmaster Award for exceptional customer satisfaction. GM Roth was one of 154 homebuilders, remodelers, developers and contractors throughout North America recognized for their superlative performance. The Guildmaster Awards celebrate ...

Printing system maker re-creates Web site

MERRIMACK – Solidscape, manufacturer of high-precision 3D printing systems, has re-created its Web site at www.solid-scape.com. The new site features content being searched the most by prospective buyers, including key product information, primary market applications and reports ...

Best of NH poll gets record votes

With more votes than ever for its annual Best of NH contest, New Hampshire Magazine’s 10th annual Best of NH party was destined to be a hit. About 1,600 people attended the best-of bash Thursday evening at the Verizon Wireless Arena, sampling some of the state’s finest food ...

Obvious eludes the Fed

The Fed spoke, and everyone listened. But if anyone expected good news, they walked away disappointed. In a shocking announcement, the Federal Reserve lowered its economic growth forecast. Wow, didn’t see that coming. A few columns ago, I joked that Fed Chair Ben Bernanke was acting ...

NH per-capita excise taxes among the highest

New Hampshire collects the sixth largest amount of excise taxes per capita among the 50 states, according to a newly released white paper. In “Excise Taxes in the States,” researchers Thomas Stratmann and William Bruntrager of the Mercatus Center at George Mason University ...

Jobless claims rise by 9k

WASHINGTON – More Americans than forecast filed first-time claims for unemployment insurance payments last week, showing companies are less confident about the expansion than they were earlier this year. Applications for jobless benefits increased 9,000 in the week ended June 18 to ...

White House plans to tap oil reserve

WASHINGTON – The Obama administration announced Thursday that it planned to release 30 million barrels of oil from the Strategic Petroleum Reserve, as part of a coordinated international effort to drive down high crude prices and revive the flagging economic recovery in the ...

Fed to permit bond-buying program’s end

WASHINGTON – Amid increasing domestic political pressure and turbulent global economic conditions, the Federal Reserve said Wednesday that it would let its massive bond-buying program expire in a matter of days and announced no new initiative to prop up the American economy ...

GT Solar changing name, expands sapphire plant

MERRIMACK – GT Solar has completed a $27 million expansion of a Salem, Mass., factory growing sapphires for various industrial materials. The move is part of the company’s expansion from its highly successful niche building furnaces used to make silicon and sapphire crystal ...

‘Best of NH’ winners to offer samples at party

More than 20 area businesses were named “Best of NH” in New Hampshire Magazine’s 2011 contest, and several will offer food samples at the 10th annual Best of NH party Thursday. The party, open to the public, will be held at the Verizon Wireless Arena in ...

Sales surge leads firm to expand

NASHUA – Led by booming sales in its medical division, Resonetics LLC has outgrown its headquarters on Bud Way and relocated to a facility that is 50 percent larger at 44 Simon St., the company said in a news release. According to Resonetics President Cliff Gabay, the company expects ...

The Beer Store opening in Nashua

It won’t matter if you don’t know a hops from a hole in the ground: Marc Foster has been tasting beer and taking notes for years, and he is ready to take his customers on a malty journey. “I never liked bad beer,” said Foster, owner of The Beer Store, a ...

Class-action suit tossed

WASHINGTON – The Supreme Court on Monday threw out a huge class-action lawsuit against Wal-Mart Stores Inc. that contended the retail giant had systematically discriminated against 1.5 million of its female workers. By a 5-4 vote, the high court said the suit could not go forward as ...

Dam reclamation, electricity generator wins prize

MANCHESTER – Blue2green LLC, a New Hampshire dam reclamation and electricity generation company, was named the inaugural winners of the Tory C. Marandos Foundation – Entrepreneurship Challenge. Founders Mark Brassard and Andrew Lane received a $5,000 cash prize to start ...

New owner of Bell Auto promises same quality service

NASHUA – When Bell Auto first raised its garage stall doors in 1962, gas cost pennies a gallon. After logging many miles over a long road with dedicated customers, Charles Bell has sold the popular local fixture at 93 E. Hollis St. to John A. Marino III. “Cosmetically, ...

Debate lacked fresh ideas

Did you catch the Republican presidential debate? I did, and the experience was comparable to having one’s teeth drilled. Let me recap for those who missed it. Blah … blah … blahblah … blahblahblah … You’re now caught up on all the ...

Business Calendar

MONDAY PETERBOROUGH Morning of coaching The Peterborough Chamber of Commerce offers one-hour individual, private coaching sessions on time management and organization, team building and communication, or cash flow and profits. Sessions are offered between 9 a.m. and noon at the Chamber ...