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November 2007 - Rochester Business News & Events

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Bernanke hints further rate reduction may be needed

WASHINGTON -- Federal Reserve Chairman Ben Bernanke on Thursday hinted that another interest rate cut may be needed to bolster the economy. The worsening credit crunch, a deepening housing slump and rising energy p

Published Fri, Nov 30 2007 10:20 AM by Postbulletin.com Local Business
Vietnam approves first privately owned airline

HANOI, Vietnam -- Vietnam's prime minister has agreed to license the nation's first privately owned airline, the government said in an announcement on its official Web site. Vietjet Aviation Joint Stock Co. plans to begin operating

Published Fri, Nov 30 2007 8:28 AM by Postbulletin.com Local Business
Rising hay and feed prices may mean more scams

YAKIMA, Wash. -- Agriculture experts around the country are warning hay farmers and buyers to watch for scams amid a feed shortage and resulting high prices. In Washington, hay prices have passed $200 per ton in some areas, and winte

Published Fri, Nov 30 2007 8:28 AM by Postbulletin.com Local Business
Landmark heart study expanding to genetic factors

FRAMINGHAM, Mass. -- Doctors didn't know cigarettes were bad and thought high blood pressure could sometimes be good when homemaker Helen Vaughn was lured by a 1948 newspaper ad to join one of history's most important medical studies

Published Fri, Nov 30 2007 8:28 AM by Postbulletin.com Local Business
EU introduces fire-safe cigarettes

BRUSSELS, Belgium -- All cigarettes sold in Europe will soon have to be made with fire-retardant paper that slows burning and extinguishes the cigarette if it is left unattended, European Union officials said Thursday. The EU's 27

Published Fri, Nov 30 2007 8:28 AM by Postbulletin.com Local Business
Economy grows in summer at best pace in 4 years

WASHINGTON -- The economy barreled ahead in the summer, growing at a 4.9 percent pace. The performance was the strongest in four years, but isn't expected to last through the current quarter amid the continuing housing slump and cr

Published Fri, Nov 30 2007 8:28 AM by Postbulletin.com Local Business
Ethanol plant to pay big fine

ST. PAUL -- The Minnesota Pollution Control Agency says ethanol producer Granite Falls Energy will pay a $300,000 penalty for various violations over two years. The MPCA says the violations in 2006 and 2007 at the company'

Published Thu, Nov 29 2007 3:43 PM by Postbulletin.com Local Business
Minnesota AG Swanson targets third firm over annuity sales

ST. PAUL -- After settling a similar case with a big industry player, Minnesota Attorney General Lori Swanson filed a lawsuit Thursday against a smaller insurance firm that allegedly sold unsuitabl

Published Thu, Nov 29 2007 2:09 PM by Postbulletin.com Local Business
Crude futures retreat as pipeline appears close to reopening

NEW YORK -- Oil prices rose Thursday, but retreated from earlier highs, after a pipeline that has the capacity to supply 17 percent of domestic crude imports appeared close to returning to service following an overnigh

Published Thu, Nov 29 2007 12:46 PM by Postbulletin.com Local Business
Clorox gains approval to acquire Burt's Bees

WASHINGTON -- Clorox Co. has received antitrust clearance to acquire personal-care product company Burt's Bees for $925 million, U.S. regulators said Wednesday. The Federal Trade Commission said it granted early termination of the wa

Published Thu, Nov 29 2007 9:36 AM by Postbulletin.com Local Business
Customer satisfaction on Cyber Monday up

ANN ARBOR, Mich. -- Cyber Monday shoppers were more satisfied with their online experience in 2007 than they were in 2006, according to a study from leading online customer satisfaction measurement firm ForeSee Results. Satisfaction

Published Thu, Nov 29 2007 9:35 AM by Postbulletin.com Local Business
Web site offers view of industrial pollution

BOSTON, MA -- A new Website being released today, MapEcos.org, provides a balanced view of the environmental performance of over 20,000 industrial facilities across the US. The map portrays government data on toxic pollution as well

Published Thu, Nov 29 2007 9:35 AM by Postbulletin.com Local Business
Shows set to resume on Broadway

NEW YORK -- Curtain up. Broadway raced to reopen for business today after stagehands and theater producers reached a tentative agreement, ending a crippling strike that kept more than two dozen shows dark for 19 days. The settlement

Published Thu, Nov 29 2007 9:32 AM by Postbulletin.com Local Business
Hollywood labor talks continue

LOS ANGELES -- Striking movie and TV writers and producers agreed Wednesday to meet for a fourth day of negotiations in a dispute centering on payment for work aired on the Web. Both sides agreed to reconvene today, said a person fam

Published Thu, Nov 29 2007 9:32 AM by Postbulletin.com Local Business
Web site gets you through to a live person

I love technology. I embrace it. Technology makes my life so much easier. I can't imagine life without a personal computer, cell phone, GPS navigation in my car, satellite TV, digital camer

Published Wed, Nov 28 2007 4:12 PM by Postbulletin.com Local Business

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