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This week in NH Business Review
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NH among states aiming to block ESG investing
New Hampshire has joined 24 other states in seeking to scotch the Biden administration’s initiative to allow fiduciaries managing the assets of retirement plans to weigh climate change,...
MICHAEL KITCH Page 1
A ‘Millionaire’s Tax’ bonanza?
Commercial and residential real estate brokers also confirmed receiving inquiries from Massachusetts residents feeling disenfranchised by the new tax.
PAUL BRIAND Page 1
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Apprenticeship NH to bolster programs
The program said the goal is to create “a regional hub model that aligns with the geographic locations of community colleges.
Portsmouth Naval Shipyard seeks 1,200 more workers
Among the positions the shipyard is looking to fill are shipfitters, sheet metal mechanics, welders, machinists, machinery mechanics, pipefitters, insulators, painters, sandblasters and plastic fabricators..
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Future of Cannon Mountain tramway is uncertain and pricey
What no one could tell the Senate Finance Committee on Feb. 7 is where the state would find the $25 million to do either.
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Hearing set for proposed Exeter Hospital-Beth Israel merger
The state’s Charitable Trusts Unit is one of the state regulators that will need to sign off on the deal.
Wage and Hour agency publicizes PUMP Act
The newly enacted Providing Urgent Maternal Protections for Nursing Mothers Act extends the rights of nursing mothers to have time and a private space to pump breastmilk at work.
Campaign for Legal Services raised $457k in 2020
The NH Campaign for Legal Services is the joint fundraising effort for New Hampshire’s two civil legal aid organizations, 603 Legal Aid and NH Legal Assistance.
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ABOUT TOWN
1. Baker Newman Noyes, an accounting and advisory firm, celebrated the opening of their new Portsmouth office located at 75 Portsmouth Boulevard.
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THE BOTTOM LINE
Aminda Daviduk, the franchise owner and defendant, opened both stores under the Dunkin’ brand in 2017.
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On with the shows
With a new year comes a familiar challenge for the New Hampshire arts and performance community: continuing to rebound from the worst of the Covid pandemic crisis of 2020 and 2021 which financially crippled scores of organizations.
MICHAEL McCORD Page 8
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Two-member LLC disasters
There are about 15,000 New Hampshire two-member LLCs in good standing.
JOHN CUNNINGHAM Page 10
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How casino-style gambling beat the odds in NH
“You know how many times I walked around the dog track that’s still out there?” Mike Moodie ponders aloud.
TODD BOOKMAN/NH PUBLIC RADIO Page 11
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Gov.’s budget suggests easing of harsh recession
The attitude change reflects a broader shift in thinking about the national economy.
ETHAN DEWITT/NEW HAMPSHIRE BULLETIN Page 12
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Seizing NH’s tech opportunity
We’re in a period of massive transformation in the tech world. Tech giants such as Twitter, Meta, Google and Apple are facing dysfunction and public scrutiny.
JULIE DEMERS Page 14
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School-funding formula works, attorney general argues
That is the gist of the responses filed by the Attorney General John Formella and the Coalition Communities, a confederation of property-rich municipalities, to a petition filed by plaintiffs in school-funding litigation.
MICHAEL KITCH Page 15
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The Manchester Proud mission
In his Valentine’s Day budget address, Gov. Chris Sununu made several proposals regarding funding of education in New Hampshire.
BRAD COOK Page 16
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Bill eyes ‘non-traditional’ investment criteria
In 2021, Rep J.D. Bernardy, R-South Hampton, introduced House Bill 1469, which wound up creating a study committee that failed to report.
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Honoring and thanking Paul Holloway
Earlier this month, Paul retired from the CCSNH board of trustees, leaving a legacy of accomplishments and an indelible imprint of his leadership on the organization.
MARK RUBINSTEIN AND KATHY SHIELDS Page 20
LETTER TO THE EDITOR
What is it like to live in the richest country in the world? According to U.S. News, America ranks 21st in quality-of-life measures, behind most other developed countries.
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NH’s future: A retirement home staffed by robots?
New Hampshire’s population has already aged far more than the U.S. nationwide. The BEA projects the trend will continue over the next two decades.
JEANNE DIETSCH Page 21
The choice made by Ukraine: revival
July 2021: We, a group of MBA students, visited the nuclear reactor and met with Chernobyl management.
MARIYA ORTYNSKA Page 21
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Aging forests: a threat to electric transmission
Eversource, the state’s largest power utility, has 12,000 miles of overhead electric distribution lines to look after.
PAUL BRIAND Page 22
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A bid to improve NH’s energy infrastructure siting process
The bill divides the current SEC’s duties between the Public Utilities Commission and the Department of Energy.
BARRY NEEDLEMAN Page 24
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The path to home ownership has become a labyrinth
According to Rob Dapice, executive director and CEO of New Hampshire Housing, New Hampshire renters are having a tough enough time affording current rents, making saving money especially difficult.
PAUL BRIAND Page 26
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95-acre multi-use development in Concord may grow even larger
The developers said they are “studying different potential uses” for the additional 40 acres, but provided no specifics.
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Pharma giant Lonza begins work on another expansion at Pease campus
The state’s largest pharma manufacturer — Lonza Biologics in Portsmouth — is in the process of getting larger still.
PAUL BRIAND Page 28
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Q&A INTERVIEW
Natalie Laflamme, valedictorian of the class of 2007 at Berlin High School, earned her B.A. in Philosophy,...
MICHAEL KITCH Page 31
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THE LATEST
Please send items for possible publication in The Latest to EDITOR@NHBR.COM Include a color photo if available.
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FLOTSAM&JETSAM
Or the lawsuit he joined with 24 other similarly minded AGs that challenges the new ATF over a new rule limiting the use of short-barreled rifles.