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Business

New law cracks down on shell companies to combat corruption

MIAMI (AP) — For years as a federal prosecutor in New York, Daniel R. Alonso led teams that had to search through a maze of anonymously owned corporate entities to expose criminal activity. "It required all kinds of shoe-leather investigating to identify who was really behind these shell ...

Real Estate Transactions for Jan. 9-10

Real Estate Transactions for Jan. 9-10 -- Part 1 Real Estate Transactions for Jan. 9-10 -- Part 2 Real Estate Transactions for Jan. 9-10 -- Part 3

New epilepsy specialist joins D-H

LEBANON – Dartmouth-Hitchcock has welcomed George Culler, MD to the Neurology Department team at Dartmouth-Hitchcock Medical Center in Lebanon. With a focus on epilepsy, Culler improves the quality of life for his patients by helping eliminate or reduce disabling seizures, lowering the risk ...

N.H. Lottery goes live with new offerings

CONCORD – Instant Win Gaming, the leading supplier of digital e-Instant games to NASPL/WLA-member lotteries, announces the New Hampshire Lottery has become the latest lottery to launch the company’s progressive jackpot-enabled e-Instant games. Players across the state of New Hampshire can ...

The Merrimack employees celebrated

Merrimack County Savings Bank (the Merrimack) recently joined their sister companies, New Hampshire Mutual Bancorp, Meredith Village Savings Bank, NHTrust and Savings Bank of Walpole, in celebrating the achievements and service milestones of the companies’ employees at their annual ...

New N.H. Liquor & Wine Outlet planned for Manchester

CONCORD – Construction will begin shortly on a new 13,000-square-foot NH Liquor & Wine Outlet in New Hampshire’s largest city and along its premier retail shopping corridor. The New Hampshire Liquor Commission (NHLC) will build a freestanding, state-of-the-art Outlet at 850 Gold Street ...

Amherst’s LaBelle Winery introduces six new spirit infusion kits

AMHERST – Winemaker Amy LaBelle and Cesar Arboleda, co-owners of LaBelle Winery in Amherst and Portsmouth, recently announced a new handcrafted line of “spirit infusions” under LaBelle Winery’s “The Winemaker’s Kitchen” line of culinary products. Six flavors are included in the ...

It’s not their money, it’s yours: Playing a winning hand

I have been noticing some things lately that I find both troubling and consistent with things I have known and been speaking and writing about for some time. That’s the struggle the industry has when it comes to promoting and discussing the very important issues facing today’s and ...

Twitter, Facebook muzzle Trump amid Capitol violence

In an unprecedented step, Facebook and Twitter suspended President Donald Trump from posting to their platforms Wednesday following the storming of the U.S. Capitol by his supporters. Twitter locked Trump out of his account for 12 hours and said that future violations by Trump could result in ...

US holds first oil lease sale for Alaska’s Arctic refuge

JUNEAU, Alaska (AP) — The U.S. government held its first-ever oil and gas lease sale Wednesday for Alaska's Arctic National Wildlife Refuge, an event critics labeled as a bust with major oil companies staying on the sidelines and a state corporation emerging as the main bidder. The sale, ...

Justice Department, federal court system hit by Russian hack

WASHINGTON (AP) — The Justice Department and the federal court system disclosed on Wednesday that they were among the dozens of U.S. government agencies and private businesses compromised by a massive, months-long cyberespionage campaign that U.S. officials have linked to elite Russia ...

Stocks rally, despite protests in DC, on hopes for stimulus

Wall Street rallied Wednesday on expectations of more stimulus for the economy, though the enthusiasm was dampened by chaotic scenes in the nation's capital. The S&P 500 rose 0.6% after having been up 1.5% earlier, while the Dow Jones Industrial Average closed at a record high. Investors ...

Fed supported advance notice before changing bond purchases

WASHINGTON (AP) — Federal Reserve officials last month supported providing advance notice before the central bank makes changes to its $120 billion in monthly bond purchases. The minutes of those discussions released Wednesday show wide support for adding language to the Fed's policy ...

US sports bet revenue could hit $3B in 2021; NY backs mobile

ATLANTIC CITY, N.J. (AP) — On a day when New York's governor did an about-face and embraced mobile sports betting as a way to deal with financial losses stemming from the coronavirus pandemic, a company that tracks gambling legislation and performance predicted that revenue from legal sports ...

Stocks fall as trading starts for year of great expectations

U.S. stocks pulled back from their recent record highs Monday, as big swings return to Wall Street at the onset of a year where the dominant expectation is for a powerful economic rebound to sweep the world. The S&P 500, which ended 2020 at an all-time high, slid 1.5% after earlier ...

IRS says executors undervalued Prince’s estate by 50%

MINNEAPOLIS (AP) — The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after Internal Revenue Service calculations showed that executors of the rock star's estate undervalued it by 50%, or about $80 million. The IRS determined that ...

Nashua’s Niezrecki receives UMass Lowell’s top faculty honor

LOWELL, Mass. – Whether it’s founding a nationally renowned research center for wind energy or recruiting students for an underwater hockey team, UMass Lowell’s Christopher Niezrecki, professor and department chair of mechanical engineering, has a knack for bringing people ...