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February 2008 - 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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Victoria's Secret too sexy?
COLUMBUS, Ohio -- Victoria's Secret, the lingerie company that introduced the Very Sexy bra, the Fantasy Bra, and the Internet server-crashing fashion show, has become "too sexy" for its own good, its top executive said. "We've...
Published
Fri, Feb 29 2008 10:30 AM
by
Postbulletin.com Local Business
Spending weakest since Katrina
WASHINGTON -- Consumer spending was essentially flat for the second straight month in January, raising new concerns about a possible recession. The Commerce Department said Friday that spending posted a 0.4 percent rise in January, w
Published
Fri, Feb 29 2008 9:43 AM
by
Postbulletin.com Local Business
New hurdles for strawberry growers
LOS ANGELES -- Edgar Terry says the biggest threat to his hundreds of acres of strawberries isn't bugs or bad weather. Instead, he says, it's a new regulation aimed at reducing pollution from the pesticides he uses to boost productio
Published
Fri, Feb 29 2008 9:35 AM
by
Postbulletin.com Local Business
Inspectors find problems at blood thinner maker
WASHINGTON -- U.S. inspectors found some mostly procedural problems at a Chinese factory that supplied the main ingredient for the recalled blood thinner heparin -- but said Thursday they can't yet tell what is to blame for serious si
Published
Fri, Feb 29 2008 9:35 AM
by
Postbulletin.com Local Business
Bush says country not headed into a recession
WASHINGTON -- President Bush said Thursday that the country is not headed into a recession and, despite expressing concern about slowing economic growth, rejected for now any additional stimulus efforts. "We've acte
Published
Thu, Feb 28 2008 10:50 AM
by
Postbulletin.com Local Business
Soybean groups withhold grants to U of M over biofuels paper
MINNEAPOLIS -- Two soybean groups are suspending $1.5 million in grant money for professors at the University of Minnesota who are researching biofuels. The groups are upset by a university study in the journal Science saying that t
Published
Thu, Feb 28 2008 10:46 AM
by
Postbulletin.com Local Business
Government warns Ford owners about recalled vehicles
WASHINGTON -- The government is warning the owners of about 4.6 million recalled Ford vehicles to immediately bring their cars and trucks into dealerships to disconnect faulty cruise control switch systems that have been linked to e
Published
Thu, Feb 28 2008 10:46 AM
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Postbulletin.com Local Business
Dole says action needed to prevent slaughterhouse abuse
WASHINGTON -- Former Sen. Bob Dole, who won passage of a landmark expansion of humane slaughter legislation three decades ago, says action is needed to prevent violations like those documented in a recent und
Published
Thu, Feb 28 2008 10:46 AM
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Postbulletin.com Local Business
Bernanke says inflation risk complicates the Fed's job
WASHINGTON -- Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation is "not anywhere near" the dangerous stagflation situation that prevailed in the 1970s. With the economy slowing and infl
Published
Thu, Feb 28 2008 10:46 AM
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Postbulletin.com Local Business
Heard on the Street: Curtain to rise on performing arts venue
it is very early in the first act, a group has taken the first step toward creating a new state-of-the-art Rochester performance venue for the use of local singers, dancers, actors and musicians.
Published
Thu, Feb 28 2008 8:55 AM
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Postbulletin.com Local Business
Wheat trading explodes in Minnesota
The little-known Minneapolis Grain Exchange is suddenly one of the hottest spots in the global financial markets as the price of its flagship commodity -- the wheat used to make bread and pizza crust -- shatters records, enriching f
Published
Thu, Feb 28 2008 8:26 AM
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Postbulletin.com Local Business
Fed chief signals another rate cut
WASHINGTON -- Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to st
Published
Wed, Feb 27 2008 11:25 AM
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Postbulletin.com Local Business
Dexter business owner files for bankruptcy protection
DEXTER -- The operator of the Windmill Vehicle and Travel Center at Dexter for most of the past six years, along with three other travel-oriented businesses, has f
Published
Wed, Feb 27 2008 10:06 AM
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Postbulletin.com Local Business
EU fines Microsoft 899 million euros for overcharging rivals
BRUSSELS, Belgium -- The European Union fined Microsoft Corp. a record $1.3 billion Wednesday for the amount it charges rivals for software information. EU regulators said the company charged "unreasonable prices" un
Published
Wed, Feb 27 2008 8:46 AM
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Postbulletin.com Local Business
Give your regards to BridgeStreet
A new name -- BridgeStreet -- is filling a blank in downtown Rochester. Rochester's largest building lost part of its name in December, when the management of Broa
Published
Wed, Feb 27 2008 8:34 AM
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Postbulletin.com Local Business
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