Economy

Environment
3:29 pm
Tue November 15, 2011

Study Shows RGGI Saves Consumers Money

The Regional Greenhouse Gas Initiative faces an uncertain future in some states. New Jersey plans to end its participation and New Hampshire has considered legislation that would do the same.

But a new analysis shows the carbon dioxide cap and trade program has saved consumers money and created jobs. Under the program, power producers buy pollution allowances at auction for each ton of carbon dioxide they emit.

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NH News
9:18 am
Tue November 15, 2011

Guest Workers Help to Fill the Skills Gap in NH

Nursing students at Manchester Community College
Courtesy Photo, MCC

With today’s unemployment levels, it’s hard to imagine that New Hampshire companies are still hiring guest workers from abroad.

NHPR’s Sam Evans-Brown reports that even in a flooded labor market, skilled immigrants continue to plug a gaping hole in the New Hampshire economy.

Universal Software is an IT consulting firm with branches all around the world.

SFX: Office Ambiance

Its Nashua offices are quiet, with plenty of empty cubicles waiting to be filled.

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Business and Economy
4:59 pm
Thu November 10, 2011

Congressman Guinta Holds Jobs Fair for Veterans

US Representative Frank Guinta hosted a jobs fair for veterans in Manchester Thursday in an effort curb higher unemployment for returning troops.

Over two-hundred veterans attended the fair at Manchester Community College Thursday in hopes of finding job opportunities.

Unemployment rates among returning veterans is close to three points higher than the national unemployment rate.

Congressman Frank Guinta says the employment gap between veterans and civilians is what prompted him to organize the event.

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Word of Mouth - Segment
12:00 pm
Thu November 10, 2011

What Goes Around...

Photo by cobalt123, from Flickr Creative Commons

You've seen bumper stickers: shop local, eat local... now, a grassroots call to invest local.  And like any good movement, it utilizes a catchy word-combo. Joining us to talk about it is Amy Cortese, author of Locavesting: The Revolution in Local Investing and How to Profit it.

LINKS Amy's Blog about Locavesting NH Community Loan Fund site  

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Word of Mouth - Segment
8:04 am
Sat November 5, 2011

Word of Mouth for November 5th, 2011: Part 1

scooter race
(Photo by Simon Webster via Flickr Creative Commons)

The other drug war South of the Border. An investigative reporter uncaps Big Pharma's secretive drug trials in South America. And researchers uncover the strange paradox of why Americans want to give their money to those with more, not less.  A   

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NH News
5:16 pm
Fri November 4, 2011

High Court Says Public Pension Names Fall Under Right-to-Know

The state Supreme Court has unanimously ruled that names and individual pension amounts are public information. The ruling opens the door for media to scrutinize how much former public workers collect in retirement.

About 18 months ago, the Union Leader asked to see the names and payouts to the 500 individuals with the highest pensions.

Citing vague language in the Right-to-Know law, the New Hampshire Retirement System declined to hand over the documents.

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NH News
4:49 pm
Fri November 4, 2011

PUC Awards Grants For Renewable Energy

The Public Utilities Commission has awarded grants to fund renewable energy projects in the state.

Four companies and one elementary school will receive part of a one million dollar grant for projects that reduce dependence on fossil fuels.

Carbon Harvest Energy will receive the largest portion of the grant -$500,000- for a landfill gas-to-energy combined heat and power plant in Lebanon.

Greenville Elementary School will receive a grant to replace its oil-fired boiler with a wood pellet one.

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NH News
5:29 pm
Thu November 3, 2011

Lebanon Businesses Damaged In Tropical Storm Irene Reopening

Some New Hampshire residents are still dealing with power outages from the aftermath of the October snowstorm.

But in the Upper Valley, many businesses are still recovering from the aftermath of Tropical Storm Irene.

It’s been more than two months since Irene flooded the heart of the shopping district in Lebanon, New Hampshire.

Three shopping plazas in Lebanon were hit hard during Tropical Storm Irene.

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NH News
5:15 pm
Wed November 2, 2011

Tobacco Sales Drag Oct. Revenues Down

Tax collections were off in the month of October by $4 million dollars. The drop in tobacco revenue makes up the majority of the shortfall.

The tobacco tax brought in $2.6 million less than expected in October.

That shortfall has prompted criticism of the GOP push to cut the tax by a dime back in June.

In a sharply worded press release about the overall budget House Democrats said it doesn’t make sense to “make college more expensive and cigarettes cheaper.”

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NH News
5:10 pm
Wed November 2, 2011

Congressman Bass: All Options On Table To Reduce Deficit

The congressional “super committee” is only tasked with cutting one point two trillion dollars from the federal debt. But Second District Republican Congressman Charlie Bass is asking the panel to cut even deeper, even if it taxes are thrown into the mix.

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NH News
1:49 pm
Tue November 1, 2011

Labor Tension Grows at Union Leader

Monday was the deadline for employees at the Union Leader to ratify a new 2-year contract. Company negotiators said failure to reach a new deal would result in layoffs and a 10% salary cut. Reporters, editors, advertising staff and others at the paper have unanimously rejected the new deal. Workers say this latest round of cutbacks threatens the paper’s standing.

Norm Welsh started working at the state’s largest newspaper back in the late 80’s.

He remembers those times fondly.

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North Country
5:30 pm
Thu October 27, 2011

Saying "No" To Northern Pass - And Hundreds of Thousands of Dollars

The Northern Pass electric project is searching for a new, less controversial path through the North Country.

But a small group of landowners is determined to block the utility’s plan even though it means giving up hundreds of thousands of dollars.

NHPR’s Chris Jensen reports.

Sound of piano music.

At 65 years of age Lynne Placey gives piano lessons.

She lives with a cat and a gray-muzzled dog in a small house in Stewartstown.

And she hopes she’s blocking the path of a corporate giant.

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NH News
5:45 pm
Wed October 26, 2011

Economy Stresses N.H. Food Safety Net

Dan Gorenstein NHPR

Around the country soup kitchens and food pantries are reporting a spike in demand. Here in New Hampshire, food bank officials say they can’t keep up with requests for help. The state’s food assistance safety net is showing signs of serious strain. 

Things started to change for Christopher Persall sometime this summer.

“It goes from you being able to eat meats, fruits and vegetables and dessert to now there are days where there are some vegetables and some breads.”

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NH News
12:00 am
Wed October 19, 2011

N.H. Gets High Marks

Wall St. is giving the Granite State a good bill of health. The nation’s leading rating agencies say New Hampshire is managing the recession well.

The state is set to sell $100 million dollars in bonds for a variety of capital projects, including improvements for community colleges and a new liquor store.

State Treasurer Kathy Provencher says during the economic downturn state bonds have fetched better interest rates than the state’s double AA credit.

That’s a credit to how the governor and lawmakers are managing the state’s finances.

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NH News
12:00 am
Tue October 18, 2011

Forecast Calls for Home Heating Oil Spike

The price of home heating oil is expected to hit an all-time high this winter. That’s unwelcome news from Maine to Maryland, where millions of people rely on the fuel to stay warm. The spike could make life difficult for heating oil suppliers and their low-income customers.

When the price of crude oil jumps the price of home heating oil pretty much follows.

In the last 12 months, the price of crude has shot up 40%.

What’s causing the spike?

Aaron Brady, an analyst for IHS Cambridge Energy Research Associates, says its emerging markets like India and China.

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