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July 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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Gas-rate increase proposed by Minnesota Energy
ROSEMOUNT, Minn. -- Natural gas supplier Minnesota Energy Resources Corp. is proposing a $7 per month increase in its residential rate for southeastern Minnesota.
Published
Thu, Jul 31 2008 4:05 PM
by
Postbulletin.com Local Business
Industry says pace of mortgage aid rose in June
WASHINGTON -- The mortgage industry says the pace of its efforts to help struggling borrowers rose in June, but still is not keeping up with rising foreclosures. Hope Now, an industry group backed by the Bush administration to help
Published
Thu, Jul 31 2008 10:00 AM
by
Postbulletin.com Local Business
House passes bill to regulate tobacco
WASHINGTON --The House on Wednesday overwhelmingly passed legislation that for the first time would subject the tobacco industry to regulation by federal health authorities charged with promoting public well-being. Its backers call t
Published
Thu, Jul 31 2008 10:00 AM
by
Postbulletin.com Local Business
House discusses Delta-Northwest merger impact
ATLANTA -- Officials of unions that represent Northwest Airlines Corp. flight attendants, ramp workers and reservation agents told lawmakers Wednesday they are worried Delta Air Lines Inc.'s plan to combine the two
Published
Thu, Jul 31 2008 10:00 AM
by
Postbulletin.com Local Business
Mexico sees decline in migrant remittances
MEXICO CITY -- Half-year figures are expected to show the first sustained decline on record in remittances sent home by Mexicans working abroad, officials said. The downturn in U.S. housing construction and stepped-up immigration r
Published
Wed, Jul 30 2008 12:07 PM
by
Postbulletin.com Local Business
Brazil may fight U.S. ethanol tariffs
GENEVA -- Brazil is likely to ask the World Trade Organization to open a blockbuster case into U.S. ethanol tariffs, a senior official said Wednesday, outlining the first possible dispute to arise as a result of this week's global tr
Published
Wed, Jul 30 2008 12:07 PM
by
Postbulletin.com Local Business
Company wants to turn efforts into Web-based applications
Their entry into the market was with iPhone applications, but DoApps is hoping to turn their efforts into Web-based applications -- not iPhone related -- that range from real estate to entertainment uses that will be ready within the next few months.
Published
Wed, Jul 30 2008 9:45 AM
by
Postbulletin.com Local Business
Somalis filling Iowa meatpacking jobs
POSTVILLE, Iowa -- Scores of Somali immigrants are taking jobs at the nation's largest kosher meatpacking plant, replacing Hispanic workers arrested in a huge immigration raid and forcing a remote Iowa town to ma
Published
Wed, Jul 30 2008 9:40 AM
by
Postbulletin.com Local Business
No furloughs for American flight attendants
FORT WORTH, Texas -- A union says layoffs will not be necessary next month because enough American Airlines flight attendants have voluntarily agreed to early retirement or to take leave. Fort Worth-based American has said it will
Published
Wed, Jul 30 2008 9:36 AM
by
Postbulletin.com Local Business
Group aims to cash in on iPhone applications
Turning an iPhone into a Magic 8 Ball or a whoopie cushion might sound like a joke, but two former Rochester IBMers are having some serious fun building a rapidly
Published
Wed, Jul 30 2008 9:35 AM
by
Postbulletin.com Local Business
Nintendo profits jump on hit Wii
TOKYO -- Nintendo Co.'s profit for the fiscal first quarter surged 34 percent as sales of its hit Wii console shot up, underlining the success of the video game unit in attracting novice players. The Japanese manufacturer of Super
Published
Wed, Jul 30 2008 8:47 AM
by
Postbulletin.com Local Business
European Union economic confidence plunges
BRUSSELS, Belgium -- Business and consumer confidence plunged in the 15 countries using the euro in July, hitting the lowest level in more than five years, the European Commission said today. The European economy is sl
Published
Wed, Jul 30 2008 8:47 AM
by
Postbulletin.com Local Business
Delta raising baggage fees
ATLANTA -- Delta Air Lines Inc., the nation's third-largest carrier, will double its charge for checking a second bag on a domestic flight as part of a set of fee increases to help offset the high cost of fuel. The Atlanta-based ca
Published
Wed, Jul 30 2008 8:47 AM
by
Postbulletin.com Local Business
Bennigan's files for bankruptcy as consumers cut spending
NEW YORK -- Restaurant chains Bennigan's and Steak & Ale have filed for Chapter 7 bankruptcy protection and stores owned by its parent company will shut their doors
Published
Wed, Jul 30 2008 8:35 AM
by
Postbulletin.com Local Business
Rochester building permit numbers go down again
The building business looks slower so far this year than even in sluggish 2007 from one official vantage point
Published
Wed, Jul 30 2008 7:55 AM
by
Postbulletin.com Local Business
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