August 2009 - Rochester Business News & Events

William Marvin, of Marvin Windows and Doors, dies

WARROAD, Minn. -- William Marvin, the former president and chairman of Marvin Windows and Doors responsible for its growth into a major manufacturer, has died

Published Mon, Aug 31 2009 9:25 PM by Postbulletin.com Local Business

Minnesota soybean, corn crop development lag

ST. PAUL -- Minnesota soybeans are beginning to turn yellow. And that's actually a good thing. Turning yellow is a milestone in the crop's development, which has lagged partly due to continued cool weather

Published Mon, Aug 31 2009 9:25 PM by Postbulletin.com Local Business

Heard on the Street: Hotel sold before first guest checks in

One of the largest Rochester real estate deals so far this year -- a $14.1 million sale -- was for a new hotel earlier this month.

Published Mon, Aug 31 2009 7:35 AM by Postbulletin.com Local Business

U.S. makes $4 billion from bailout banks

WASHINGTON -- The U.S. government has hauled in about $4 billion in profits from large banks that have repaid their obligations from last year's federal bailout, The New York Times reported Sunday.

Published Mon, Aug 31 2009 7:05 AM by Postbulletin.com Local Business

Official: W.T.O OKs Brazilian sanctions on U.S. goods

GENEVA -- A Brazilian official said today that the World Trade Organization has authorized Brazil to target U.S. products in retaliation for the United States' failure to eliminate illegal subsidies to American cotton growers.

Published Mon, Aug 31 2009 7:05 AM by Postbulletin.com Local Business

Idled Iron Range miners facing tough times

HIBBING, Minn. -- Minnesota's taconite mining industry is starting to emerge from a downturn that closed every one of the mines on the Iron Range. But the rebound is slow to reach the towns of Hibbing and Keewatin, where taconite pla

Published Mon, Aug 31 2009 7:00 AM by Postbulletin.com Local Business

AIG's stock rises, and many wonder why

NEW YORK -- It may have been written off as a hopeless case less than a year ago, but the stock of the American International Group shot up to $50 on Thursday, capping a fourfold gain in the last two months

Published Mon, Aug 31 2009 6:45 AM by Postbulletin.com Local Business

Lake City EDA to discuss ways to help Hearth & Home

LAKE CITY -- After getting a scare that it might face another major job loss, Lake City is poised to not only keep Hearth & Home Technologies, but also gain about 80 more jobs there.

Published Mon, Aug 31 2009 6:40 AM by Postbulletin.com Local Business

Regulators seize banks in Minnesota and Maryland

WASHINGTON -- Regulators on Friday shut down small banks in Minnesota and Maryland, pushing to 83 the number of bank failures this year amid the soured economy and rising loan defaults. The Federal Deposit Insurance Corp. took over M

Published Sat, Aug 29 2009 9:40 AM by Postbulletin.com Local Business

Flat incomes raise doubts about economic recovery

WASHINGTON -- Household income in the United States is essentially stagnant, raising doubts about whether consumers already hurt by job losses can sustain an economic recovery

Published Sat, Aug 29 2009 9:00 AM by Postbulletin.com Local Business

Advocates: EEOC rules in Muslims' Nebraska plant issue

OMAHA, Neb. -- Muslim advocates said Friday that federal officials determined a Nebraska meatpacking plant wasn't doing enough to accommodate the religious needs of its Muslim workers but stopped short of laying out sp

Published Sat, Aug 29 2009 8:55 AM by Postbulletin.com Local Business

Who's coming to town

Here are upcoming meetings and conventions in Rochester, according to the Rochester Convention & Visitors Bureau. Aug. 28-30, RKC Agility Trials, 250 estimated attendance, citywide. Sept. 3-7, 2009 Amateur Softball Association Men's D North National...

Published Sat, Aug 29 2009 7:05 AM by Postbulletin.com Local Business

August 2009 - Rochester Business News & Events

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