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August 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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Gustav shuts down refineries
HOUSTON -- Hurricane Gustav's threat to the Gulf Coast halted about 15 percent of U.S. refining capacity Sunday, although for now prices at the pump have not risen dramatically. However, analysts and others say a pro
Published
Sun, Aug 31 2008 8:30 PM
by
Postbulletin.com Local Business
Boss may help pay your tuition
The kids are returning to class, and so should you. Don't forget to make sure your company pays for it. Professional development "keeps your skill level and expertise sharp, and your market ability and earning power high," said Jon
Published
Sun, Aug 31 2008 7:40 PM
by
Postbulletin.com Local Business
Honduran melon company to resume shipping to U.S. markets
GALPA, Honduras -- Honduran officials say the U.S. has lifted a more than five-month ban on cantaloupe imports from one of the country's biggest melon farmers. Agriculture Minister Hector Hernandez says the Montelibano melon company was given the...
Published
Sun, Aug 31 2008 7:27 PM
by
Postbulletin.com Local Business
Machinists leaders call for strike
, Wash. -- Leaders of Boeing Co.'s Machinists union called Friday for a strike after rejecting the aerospace giant's "best and final" contract offer. They urged union members to reject the offer in a vote set for Wednesday. The Chicago...
Published
Sun, Aug 31 2008 6:07 PM
by
Postbulletin.com Local Business
Smoked meats win awardsas well as fans
KASSON -- Jon Christensen's meat case at Erdman's County Market doubles as a trophy case. His smoked meats products -- jerky, bratwurst and sausage -- have brought i
Published
Sun, Aug 31 2008 6:07 PM
by
Postbulletin.com Local Business
Chinese bankers, their wives are found guilty in bank scam
GAS -- Two former Bank of China managers and their wives have been convicted of conspiracy charges in an elaborate, 13-year scheme to embezzle $485 million from a state-owned bank and launder the money in other countries. Former bankers Xu Chaofan an
Published
Sun, Aug 31 2008 6:07 PM
by
Postbulletin.com Local Business
U.S. can block mad cow testing
WASHINGTON -- A federal appeals court says the government can prohibit meat packers from testing their animals for mad cow disease. Because the Agriculture Department tests only a small percentage of cows for the deadly disease, Ka
Published
Sat, Aug 30 2008 9:46 AM
by
Postbulletin.com Local Business
Machinists union leaders call for Boeing strike
SEATAC, Wash. -- Leaders of Boeing Co.'s Machinists union called for a strike Friday after deciding a proposed labor contract the aerospace company called its "best and final" offer wasn't good enough. They urged members to reject th
Published
Sat, Aug 30 2008 9:46 AM
by
Postbulletin.com Local Business
Incomes drop while spending slows
WASHINGTON -- Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments. The Commerce Department report Friday showed that consumer activity
Published
Sat, Aug 30 2008 9:46 AM
by
Postbulletin.com Local Business
Suze Orman: Save on heating and other bills
on my radar right now - and should be on yours - is what it's going to cost to stay warm this winter. It's probably sweltering where you live right now, but, as with all financial matters, you need to look down the road to see what might be coming
Published
Sat, Aug 30 2008 7:50 AM
by
Postbulletin.com Local Business
Rochester golf dome will deflate, but the business goes on
From golf swings to playground swings, business changes are letting the air out of a Rochester sports landmark
Published
Fri, Aug 29 2008 11:05 PM
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Postbulletin.com Local Business
Microsoft to buy Web-comparison shopping sites
SEATTLE -- Microsoft Corp. is buying a Munich, Germany-based Web comparison shopping site and its parent company for about $486 million in cash. The Redmond, Wash.-based software maker says the acquisition of Greenfield Online Inc.
Published
Fri, Aug 29 2008 9:01 AM
by
Postbulletin.com Local Business
July incomes drop by largest amount in 3 years
WASHINGTON -- Personal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane. The Commerce Department reported today that personal income
Published
Fri, Aug 29 2008 9:01 AM
by
Postbulletin.com Local Business
John Deere to expand its plants
Deere & Co. said Thursday it will invest nearly $180 million in U.S. and Brazil plant expansions to meet rising global demand for its tractors and other farm machinery. The expansions come amid high prices for crops driven by risi
Published
Fri, Aug 29 2008 9:01 AM
by
Postbulletin.com Local Business
Dealers for the Big Three auto makers squeezed
The credit crunch squeezing Detroit's Big Three auto makers is now spreading to some of their dealers, adding financial pressure to a group already strained by this year's big drop in auto sales. The latest and most prominent exampl
Published
Fri, Aug 29 2008 9:01 AM
by
Postbulletin.com Local Business
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