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June 2007 - Rochester Business News & Events
Rochester Business News & Events
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More trouble likely ahead for mortgage servicers
Circuit judge upholds permit for oil refinery in S.E. South Dakota
Markets around world buoyed by news of Greek debt deal
Stocks slightly higher after debt deal in Greece
Officials say $25 billion foreclosure deal will help heal market
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Titanic auction fetches $193,140
NEW YORK -- In eight handwritten pages, a 16-year-old passenger recounted the Titanic's last hours, starting with the moment the ill-fated oceanliner hit an iceberg. From a lifeboat, Laura Marie Cribb watched the luxurious vessel's l
Published
Sat, Jun 30 2007 8:46 AM
by
Postbulletin.com Local Business
'Most important meal' may stop being most lucrative
MINNEAPOLIS -- Buried beneath numbers, General Mills' financial results are often a study in human behavior. The latest calculus, in results released Thursday: Americans love convenience, increasingly hate to
Published
Fri, Jun 29 2007 9:51 AM
by
Postbulletin.com Local Business
Fed holds interest rates steady
WASHINGTON -- The Federal Reserve held interest rates steady Thursday, extending a yearlong breather for borrowers. Although policymakers observed improvements on inflation, they made clear they were not ready to declare victory on
Published
Fri, Jun 29 2007 9:51 AM
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Postbulletin.com Local Business
High-tech device could keep seniors in their homes
Taking care of aging parents is a difficult task, especially when they live far away. But it's a task faced by many baby boomers, who are sandwiched between the n
Published
Fri, Jun 29 2007 9:47 AM
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Postbulletin.com Local Business
Hogs tested at Quality Pork Processors in Austin
A shipment of hogs from Canada was held for testing at Quality Pork Processors Inc. after an inspector noticed signs of illness. The animals were released later, after no serious concerns were found. QPP received the
Published
Fri, Jun 29 2007 9:47 AM
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Postbulletin.com Local Business
Stewartville seeks ways to lure grocery store to town
STEWARTVILLE -- A grocery store's apparent failed bid to buy the empty Boyum's Economart has city officials dusting off some old redevelopment plans. Cit
Published
Fri, Jun 29 2007 9:00 AM
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Postbulletin.com Local Business
Pawlenty business subsidy program faces new legal challenge
ST. PAUL -- For a second time, a state program that gives tax breaks to businesses that relocate or expand in economically ailing areas is the subject of a legal challenge
Published
Thu, Jun 28 2007 6:14 PM
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Postbulletin.com Local Business
Small businesses take time for midyear checkup, planning
NEW YORK -- Small business owners who are lucky enough to have some down time in the next few weeks should use it for a midyear financial checkup, and to tick some other chores off their to-do list. Accountants
Published
Thu, Jun 28 2007 10:01 AM
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Postbulletin.com Local Business
iPhone launch in Rochester friday
Have your eye on an iPhone? If you want one when they are launched Friday in Rochester, you need to be at the AT&T, formerly known as Cingular, store at 430 C
Published
Thu, Jun 28 2007 10:01 AM
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Postbulletin.com Local Business
Zumbrota newspaper sold, but remains in Grimsrud family
TA -- The News-Record in Zumbrota is coming under new ownership, but it is still in the family. Pete Grimsrud is buying the weekly newspaper and its sister publication, the Zumbro Shopper, from his father Dave Grimsrud. The News-Record has about 4,0
Published
Thu, Jun 28 2007 10:01 AM
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Postbulletin.com Local Business
Owners of Twins ballpark land will get at least $25 million
MINNEAPOLIS -- The group that owns land needed for a new Twins ballpark will get at least $25 million from a Texas-based developer regardless of what Hennepin County pays for the property.
Published
Thu, Jun 28 2007 7:37 AM
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Postbulletin.com Local Business
Business-park proposals boom in Pine Island
PINE ISLAND -- A multimillion-dollar commercial development boasting office condos, senior living and industrial space is being planned along U.S. 52. Th
Published
Wed, Jun 27 2007 12:32 PM
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Postbulletin.com Local Business
IBM flexes computing muscle again with Blue Gene/P
While IBM's Blue Gene/L is the undisputed computer powerhouse today, wait until its younger but more powerful brother -- Blue Gene/P -- fully steps into the ring. B
Published
Wed, Jun 27 2007 10:41 AM
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Postbulletin.com Local Business
Blue Gene/L is still the speed champ
DRESDEN, Germany -- Blue Gene/L is still the champ. For the fourth time in a row, it topped the bi-annual list of the 500 fastest supercomputers, released today at a conference in Dresden, Germany. IBM still dominates with six of the
Published
Wed, Jun 27 2007 10:40 AM
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Postbulletin.com Local Business
Senate Republicans block bill making it easier to form labor unions
GTON -- Senate Republicans on Tuesday blocked a bill that would have allowed labor organizations to unionize workplaces without secret ballot elections. Democrats were unable to get the 60 votes needed to force consideration of the Employee Free Choi
Published
Wed, Jun 27 2007 10:03 AM
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Postbulletin.com Local Business
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