July 2007 - Rochester Business News & Events

Online prescription drug seller faces life in prison for scheme

POLIS -- An Internet spammer who made $24 million by using the Internet to sell prescription drugs to addicts could get up to life in prison

Published Tue, Jul 31 2007 9:01 PM by Postbulletin.com Local Business

Pawlenty expects federal disaster declaration in dry counties

POLIS -- Minnesota will probably ask for a federal disaster declaration for four to six counties in coming days, and more could be added if dry conditions persist, state Agriculture Commissioner Gene Hugoson said

Published Tue, Jul 31 2007 6:47 PM by Postbulletin.com Local Business

First dividend a measure of progress for Winona company

After 10 years, a Winona telecommunications company plans to issue its first dividend this month. The half-cent-per-share dividend may not sound impressive to out

Published Tue, Jul 31 2007 10:54 AM by Postbulletin.com Local Business

Waste Management profits slide

N-- Waste Management Inc., the nation's largest garbage hauler, said today that it's second-quarter profit fell 20 percent from a year ago, when the company benefited from a large tax-audit settlement. The company raised its full year earnings...

Published Tue, Jul 31 2007 8:58 AM by Postbulletin.com Local Business

Northwest still struggles with cancellations

MINNEAPOLIS -- Northwest Airlines struggled again with end-of-the-month cancellations on Monday. By late Monday night, Northwest had canceled 127 flights of its 1,424 scheduled flig

Published Tue, Jul 31 2007 8:58 AM by Postbulletin.com Local Business

Arby's owner eyes Wendy's

US, Ohio -- A major shareholder who has pressured Wendy's International Inc. to increase stock value said Monday that he is ready to offer $37 to $41 per share to buy the nation's third-largest hamburger chain. Billionaire investor Nelson Peltz...

Published Tue, Jul 31 2007 8:50 AM by Postbulletin.com Local Business

Eight jobs cut at IBM's Rochester plant

ld 450 employees -- eight in Rochester -- Monday that their jobs are being cut. This "resource action" focused on the Systems and Technology Group in the U.S.

Published Tue, Jul 31 2007 2:36 AM by Postbulletin.com Local Business

Dry, hot weather continues to affect crops in Minnesota

ST. PAUL -- Crops continued to suffer amid last week's hot, dry weather, according to the Minnesota field office of the U.S. Department of Agriculture

Published Mon, Jul 30 2007 7:48 PM by Postbulletin.com Local Business

Minnesota dairy farmers enjoying high prices

ST. CLOUD, Minn. -- Walk into Jerry Jennisson's dairy barn, and the heat and humidity of a central Minnesota day are washed away. As 140 dairy cows quietly munch their hay, three fans 20 feet across spin on the barn's ceiling

Published Mon, Jul 30 2007 7:47 PM by Postbulletin.com Local Business

International Buffet opens at former Blockbuster site

buffet restaurant -- International Buffet -- was scheduled to open its doors today in Rochester

Published Mon, Jul 30 2007 7:01 PM by Postbulletin.com Local Business

U.S. Bancorp gives VIP treatment to baby boomers

MINNEAPOLIS -- In its quest to get the business of retiring baby boomers, U.S. Bancorp has a secret weapon. It's called coffee. Not to mention some comfy couches, a few computers and a big television screen. U.S. Ba

Published Mon, Jul 30 2007 9:10 AM by Postbulletin.com Local Business

Firm will re-use former TRW building in Rushford

RUSHFORD -- Three months ago, Brad Polus got the keys to an empty 30,000-square-foot warehouse on the north side of Rushford and was told to get it ready for busine

Published Mon, Jul 30 2007 8:03 AM by Postbulletin.com Local Business

Chester's Kitchen and Grill promises variety and value

Two restaurateurs, along with their chef, general manager and designer, are cooking up big plans for downtown Rochester. Pat Woodring and Scott Foster are shaping

Published Mon, Jul 30 2007 8:03 AM by Postbulletin.com Local Business

Harvey Mackay: Outsourcing is no excuse

g a blind eye to product quality can be dangerous to your health. In June, the former head of China's food and drug agency became the ultimate object lesson: Zheng Xiaoyu, who ran the Chinese equivalent of the Food and Drug Administration for seven

Published Mon, Jul 30 2007 7:57 AM by Postbulletin.com Local Business

Congress attempts overhaul of patent system

WASHINGTON -- Crustless peanut-butter-and-jelly sandwiches, a way to move sideways on a swing, a technique for exercising cats using a laser pointer -- these are among the inventions patented in the United States over

Published Mon, Jul 30 2007 7:56 AM by Postbulletin.com Local Business