April 2009 - Rochester Business News & Events

Guest column: It's how you respond that counts

"We're gonna be in the Hudson." These famous words as heard by the control tower of LaGuardia International Airport from Captain "Sully" Sullenberger.

Published Thu, Apr 30 2009 2:10 PM by Postbulletin.com Local Business

Chrysler to file for bankruptcy

WASHINGTON -- Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to come up with a restructuring plan

Published Thu, Apr 30 2009 9:40 AM by Postbulletin.com Local Business

Fed sees recession easing

NEW YORK -- The Fed confirmed what Wall Street has already concluded: The recession is starting to ease. Federal Reserve policymakers said at the end of a two-day meeting that while the economy is still receding, the pace of decline "appears to be...

Published Thu, Apr 30 2009 8:55 AM by Postbulletin.com Local Business

Kiger's Notebook: Rochester business takes big Bounce

One Rochester business is taking a wild bounce to a new and much larger "house." After a few months of catering to a busy half-pint party crowd, The House of Bounce is hopping into a new space that is almost twice as large as its current one...

Published Thu, Apr 30 2009 7:55 AM by Postbulletin.com Local Business

Farmers who rely on Mexican migrants worry about workers' health, crops

COLUMBIA, S.C. -- The swine flu appears to have arrived in South Carolina just as the state's farmers are bringing in thousands of workers from Mexico to help with peaches and other crops.

Published Thu, Apr 30 2009 1:05 AM by Postbulletin.com Local Business

Airline seats to Mexico easy to come by

Airlines are flying some nearly empty planes from the U.S. to Mexico instead of canceling flights, a check by The Associated Press on Wednesday showed, a sign that swine flu worries may be keeping travelers home

Published Wed, Apr 29 2009 6:30 PM by Postbulletin.com Local Business

IBM boosts dividend 10 pct, adds $3 billion for buyback

MIAMI BEACH, Fla. -- IBM Corp. boosted its quarterly dividend by 10 percent Tuesday, a sign of the company's health when others are cutting their payments to shareholders, and announced plans for a handful of "analytics centers" that

Published Wed, Apr 29 2009 10:15 AM by Postbulletin.com Local Business

Area biotech project hopes to blaze trail

PINE ISLAND -- Drive along the U.S. 52 corridor from Pine Island to Rochester and take a look at the empty land. You might even spot some of the elk for which th

Published Wed, Apr 29 2009 10:10 AM by Postbulletin.com Local Business

Up to 50 Minnesota General Motors dealers may close

ST. PAUL-- General Motors dealers in Minnesota are anxiously waiting to hear their fates. Scott Lambert is vice president of the Minnesota Automobile Dealers Association. He estimates that that as many as 50 of Minnesota's 138 GM dealerships could...

Published Wed, Apr 29 2009 9:05 AM by Postbulletin.com Local Business

Home Federal faces tough questions

For 21 years, Pat Swenson answered questions from Home Federal Bank customers. On Tuesday at the Rochester bank's annual shareholders meeting, she was the one asking questions about resignations, lost millions and executive pay.

Published Wed, Apr 29 2009 9:05 AM by Postbulletin.com Local Business

Minnesota auto mogul Denny Hecker loses case to Chrysler

MINNEAPOLIS -- The financing arm of Chrysler has won a $477 million judgment against one-time Twin Cities auto mogul Denny Hecker in Hennepin County District Court

Published Tue, Apr 28 2009 7:00 PM by Postbulletin.com Local Business

Mayo Clinic throws its support behind Elk Run

The Elk Run biobusiness park has a big, new backer.

Published Tue, Apr 28 2009 6:55 PM by Postbulletin.com Local Business

Judge upholds $100M Mattel verdict over Bratz

RIVERSIDE, Calif. -- A federal judge has upheld a $100 million jury verdict for Mattel Inc. in a lengthy legal battle over rights to the Bratz doll, a rival to Mattel's Barbie. U.S. District Judge Stephen Larson also confirmed in hi

Published Tue, Apr 28 2009 10:15 AM by Postbulletin.com Local Business

Passengers down, but airport still makes a profit

Passenger traffic was down 10 percent last year at Rochester International Airport, and its profit dipped in 2008. Even so, airport manager Steve Leqve pre

Published Tue, Apr 28 2009 10:05 AM by Postbulletin.com Local Business

New group to provide 'Fuel' for young professionals

The idea behind a new young professional group called Fuel is simple: Grow more energetic business leaders to help keep Rochester's economic engine rolling in high gear

Published Tue, Apr 28 2009 8:00 AM by Postbulletin.com Local Business