Tag: 231123

Sox rebuild coming

The Big Story – Red Sox Makeover Begins: The spotlight in Red Sox Nation shifts to Craig Breslow this week as the makeover of a Red Sox team shaped by him kicks into gear. It has the Nation high on the belief the owner will open the checkbook to bring in big-ticket free agents. But what’s needed first is an assessment of who stays, to make clear what their needs are. To be followed by how those needs can be filled through free agency and trades of players deemed expendable.

Breslow has an uphill climb, but with Triston Casas, Rafael Devers, promising hurler Brayan Bello, solid reliever Garrett Whitlock and possibly speedy Jarren Duran as the core, he’s got a decent foundation to start with.

With that in mind, Breslow is now on the clock as he tries to silence skeptics (like me) by letting all see if being a Yale Phi Beta Kappa and alleged smartest guy in baseball translates to building a title-winning team.

News Item – Hot Mess Pats Return: To tank or not to tank? That is the question for the 2-8 Patriots as they return from their bye week. If Coach B is returning the answer is no, because he needs all the wins he can get to pass Don Shula for the most in history. If he’s not, then go for it to get the best draft position for the next guy to rebuild from.

News Item – Crybaby Coach Poll Results: The results of an exhaustive Hippo Sports poll for who is Sports’ Biggest Crybaby Coach is in. It’s a tie:

Nick (good night) Nurse – The ex-Raptors and now 76ers head man never sits down or shuts up no matter what the call, which was so evident in his two games vs. the Celtics already.

Sean McDermott – The NFL’s answer to Nurse is a blamer who whines from the sidelines on every single call for or against his Buffalo Bills, as evidenced by his scapegoating of DC Leslie Frazier last year and OC Ken Dorsey last week for team failures under his watch.

The Numbers:

13.3 –NBA-best point differential over their opponents in the Celtics’ 9-2 start that’s a whopping 5.1 higher than second-best Denver’s 8.1.

47.9 – NBA-best team rebounds per game by the Celtics.

106.0 – fourth-ranked points per game allowed by the Boston Celtics.

… Of the Week Awards

Holy Cow Am I Old Note – It came when Mike Gorman’s soon-to-be Celtics play-by-play successor Drew Carter said on air last week that by being born in 1997 he’d never seen Michael Jordan play. Let alone Larry Bird.

Penitentiary News – After being convicted in a New York Court last week it looks like ex-Celtic Glen Big Baby Davis may be headed for a stretch in the big house. Big Baby was part of an elaborate scheme to rip off the NBA of $5 million in bogus medical and dental insurance claims. It’s unclear whether he’ll go or avoid time. But since one-time Nets first-round pick Terrence Williams got a 10-year stretch for being the pilot’s mastermind I’d be nervous if I were Baby.

A Little History – Nov. 23: On this day in 1984 Boston College QB Doug Flutie locks up the Heisman Trophy with a 472 passing yard performance in a 47-45 win over defending National Champion Miami with the most famous Hail Mary of all-time with a 47-yard TD heave from Flutie to Gerard Phelan in the end zone on the final play.

Final Thought – The Rex Sox Rebuild: Over the next few weeks we’ll talk about what we think the Sox should do in the rebuild and/or chart their progress as it unfolds. We’ll start with these two key pieces of that process.

First, the biggest danger they face is yielding to public pressure to make a big, but ultimately unwise signing just to placate Red Sox Nation. Like by wasting $190 million on the dual bust combo of Pablo Sandoval and Hanley Ramirez after a last-place finish in 2014.

Second are priority needs, which are: (1) two starting pitchers, one in free agency and the other in a trade; (2)put Garrett Whitlock and Tanner Houck in the bullpen — if you’re going to ask starters to just pitch five or six innings you must have a pen that can lock up the game from the seventh inning on; and (3) improve the defense.

We’ll get into specifics as we go along.

Email Dave Long at dlong@hippopress.com.

Going to the Hill

Small business owners take their issue to D.C.

In response to the Basel III Endgame regulation, which could escalate capital costs for small businesses, Dina Akel, owner of Vieira Luxe, a bridal and special occasion wear shop in Nashua, joined more than 50 entrepreneurs in Washington, D.C., on Nov. 14. Their mission: to articulate to lawmakers and Federal Reserve officials the significant impact this regulation could have on small businesses like hers.

How did the Basel III Endgame regulation discussions in Washington impact your business outlook?

I went to D.C. to advocate for small businesses that will be impacted by this proposal. It’s concerning that it will be even more difficult to access capital than it already is. It was my first time in D.C. ever, so I was super nervous, but I knew how important it was to be there. After the discussion we had with our senators and representatives, I felt my story was heard, and I was confident they were in our corner. I’m confident they’ll do everything they can to advocate for us.

What major challenges did you discuss in Washington regarding the high interest rate environment?

One of the discussions was actually my personal story about recently applying for business funding through grants and loans. I applied to various grants and was unsuccessful, so alternatively I applied to my long-standing banks, and was also unsuccessful. I was feeling a little defeated at that time. I finally asked one of my banks and a representative from SBDC if they had any other funding resources for me. They connected me with a nonprofit lender. The first time around, I got denied. The second time I was approved. When I spoke to them, they told me we could aim for the 5 to 8 percent interest rate mark, which is what I was expecting. Once I got the approval, though, they provided me with a loan in the two-digit mark. That was definitely more than I could afford. However, I was desperate since the business was growing so quickly and I lacked the resources to keep up with it, so I accepted the loan, and honestly, we can’t afford for the situation to get any worse.

What outcomes or responses did you receive from your meetings in Washington?

We received very positive responses from our members of Congress. They were all willing to help and push against this proposal, which was great.

How might the outcomes from Washington affect your future business plans?

I’m a little worried that if this proposal goes through our customers might actually experience more inflated prices. We may not be able to provide the same high-quality products our customers love, and we may not be able to keep up with the demand and, God forbid, shut down in the process. I’m already struggling to keep up with all of it. People need to remember that when you’re a small business owner, in your first few years you are literally everything in the business: the customer representative, the cashier, the accountant, the inventory manager, custodian, website builder, you name it. When that gets to be too much, we have to delegate and hire people to help us. The reality is you need money to make money.

What were your key takeaways from the interactions in Washington?

Small businesses are already considered risky to lend to. If this goes forward, and interest rates also go up, we’ll be seeing a lot of businesses closed down.

What follow-up actions or continued advocacy plans do you have post-Washington visit?

I’m part of the Nashua Chamber of Commerce, the Suffolk University alumni, the National Association for Catering and Events, and a few more groups. I’ll make sure I have an opportunity to speak with them all about this. That way they can speak up and share their stories. They can call members of Congress and let them know why it’s important. We can all come together as a community to advocate for all small businesses.

Featured photo: Dina Akel, right, joined by U.S. Representative Ann McLane Kuster and a group of New Hampshire small business owners outside the U.S. Capitol. Courtesy photo.

News & Notes 23/11/23

Hospital shooting

On Friday, Nov. 17, a state Department of Safety security officer was fatally shot at New Hampshire Hospital, a state-run psychiatric facility in Concord, the AP reported. Bradley Haas, who was previously the chief of police in Franklin, was working at the front lobby entrance when a man identified by law enforcement as John Madore entered the hospital and fired a handgun; Madore was then shot and killed by a state trooper assigned to the hospital, the Union Leader reported. Investigators found a U-Haul truck in the hospital’s parking lot containing an AR-style rifle, a tactical vest and several ammunition magazines, which they are investigating for possible connections to Madore, the AP reported. The shooting was confined to the hospital’s front lobby, and no other injuries were reported, according to the article. The hospital continued operations but was closed to visitors immediately after the incident, according to the report. There were 152 patient beds occupied on Nov. 17, according to a press release from the New Hampshire Department of Health and Human Services.

Early childhood ed

The Community College System of New Hampshire (CCSNH) is now providing comprehensive tuition assistance for individuals pursuing careers in early childhood education, potentially allowing students to earn credentials with little to no personal expense. According to a press release, this initiative is due to collaborations with the State of New Hampshire, the University of New Hampshire’s College of Professional Studies and the NH Department of Health and Human Services’ Division of Children Youth and Families. Scholarships available include Early Childhood Tuition Assistance and Granite Steps for Quality Tuition Assistance, along with the newly introduced CCSNH ECE Scholarships. These are designed to fill gaps left by other aid programs and make early childhood education programs more accessible to residents.

Better internet

New Hampshire is seeking public input on improving internet connectivity, especially in areas currently lacking service, NHPR reported. The state has received nearly $200 million in federal grants aimed at providing high-speed internet connections to about 25,000 residents who are part of the 8 percent of the state’s population without internet or a device to access it. The Department of Business and Economic Affairs is calling for suggestions from residents and community leaders on the best uses for these funds to enhance broadband access. Public comments are open until Dec. 13 and must be submitted in writing via email to broadband@livefree.nh.gov. For additional details, the public can visit the website at nheconomy.com.

Bank layoffs

The Bank of New Hampshire has announced the layoff of 19 staff members and has ceased accepting new mortgage applications, NHPR reported on Nov. 15. This decision, as stated by the bank’s president and CEO Christopher Logan, is a result of unstable markets and diminished returns on loans, the article said. According to the article, existing customers will not experience changes to their loans or services, and the bank will continue to service existing loans and those currently in process.

Fewer students

New Hampshire has experienced a consistent decline in student enrollment over the past two decades, with the New Hampshire Department of Education reporting a 1.4 percent decrease in public and public charter school students for the 2023-2024 academic year. According to a press release, this year’s enrollment stands at 165,095, down from 167,357 the previous year and significantly lower than the 207,684 students in 2002, reflecting a 20.5 percent decline over 21 years. Specific districts such as New Castle and Stewartstown have seen the most considerable declines, while others like Marlow and Landaff have experienced increases. Even the state’s largest districts, including Manchester, Nashua, Bedford, Londonderry and Concord, have not been immune to this trend, with all reporting fewer students compared to last year. This decline is mirrored in the state’s higher education institutions, with a 13 percent drop in enrollment at the University System of New Hampshire since 2019.

Behavioral health

The New Hampshire Insurance Department (NHID) has released a bulletin, Docket Number INS 23-038-AB, to improve access to Behavioral Health Integration (BHI) services and address the reimbursement challenges faced by behavioral health practitioners. According to a press release, the bulletin provides guidelines for health insurers on the use of billing codes for BHI services, aiming to clarify billing protocols and the roles of Behavioral Health Care Managers, as well as the eligibility of clinical practitioners. The NHID recommends that insurers follow guidance from the Centers for Medicare & Medicaid Services and the American Medical Association to align with industry standards.

The Bedford Facilities Information and Communications Committee has announced the advancement of the South River Road Police and Fire Complex, with the town planning a new station and substation due to increased service demands since 1994. According to a press release, the project, located at 300 S. River Road, is estimated to cost $34 million, with an extra $2.5 million for existing facility renovations, funded by a proposed 20-year bond. This bond, expected to impact taxes by $0.531 per $1,000 property valuation, will be discussed in a public hearing on Jan. 24, 2024, followed by a March 12, 2024, vote. Public sessions and tours are planned to inform residents about the project.

Gov. Chris Sununu joined New Balance leadership on Monday, Nov. 20, for the groundbreaking of the company’s new manufacturing facility at 12 Innovation Way in Londonderry, which had been previously delayed. According to a press release, the event marked the start of a $70 million investment by New Balance into the 102,000-square-foot facility, with an expected addition of more than 150 jobs. The facility is scheduled to begin production in 2025.

C&J Bus Lines has announced the resumption of its bus services from Dover Bus Terminal to Boston’s Logan Airport and New York City, starting Feb. 4, 2024. According to a press release, the service will provide 26 daily roundtrip schedules between Dover and Logan Airport, along with a daily service to New York City. The Dover terminal, which operates 24 hours a day, offers free parking facilities. C&J has also introduced a reservation system for these routes. Visit ridecj.com.

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