April 2010 - Rochester Business News & Events

Develeoper's claims of contract breach mystifies Pine Island landowners

Two local landowners say they're mystified by a California developer's claims that they "breached a contract" involving some Pine Island farmland.

Published Thu, Apr 29 2010 9:45 AM by Postbulletin.com Local Business

Insurers agree to limit health care cancelation

Several health insurers said Wednesday they plan an early start on a slice of health care reform by pledging to limit the circumstances in which they cancel coverage when a customer gets sick.

Published Thu, Apr 29 2010 8:54 AM by Postbulletin.com Local Business

Homebuyer tax credit expires Saturday

Two numbers — $6,500 and $8,000 — are electrifying the local housing market, jolting potential buyers and sellers into action to beat a Friday deadline.

Published Thu, Apr 29 2010 8:43 AM by Postbulletin.com Local Business

Wind energy company to lay off workers at S.D. plant

A company that makes and repairs wind turbine blades said Wednesday it is laying off about one–third of the work force at its plant in the eastern South Dakota town of Howard.

Published Thu, Apr 29 2010 8:29 AM by Postbulletin.com Local Business

Red Wing Shoe to add up to 80 new jobs

The Red Wing Shoe Co. announced Tuesday that it intends to add up to 80 new employees while reinstituting the second shift at its local plant.

Published Thu, Apr 29 2010 8:11 AM by Postbulletin.com Local Business

Portion of Elk Run project land in dispute between owners, developers

On Tuesday, Elmer Stock, who is now divorced from Judy Stock, reportedly initiated foreclosure proceedings on a portion of the land, claiming Tower was behind in its mortgage payments to him.

Published Wed, Apr 28 2010 9:33 AM by Postbulletin.com Local Business

SCORE: A Financial Checklist for the Small Business (Part 2)

OK, Small business owner, how did you respond to the general bookkeeping and accounting practices suggestions in last week's column?

Published Wed, Apr 28 2010 7:23 AM by Postbulletin.com Local Business

IBM boosts dividend 18 percent, extends share buyback

IBM Corp. is increasing its dividend payout by 18 percent and buying back more of its stock, offering more signals of confidence in the technology industry's rebound.

Published Wed, Apr 28 2010 7:15 AM by Postbulletin.com Local Business

Apple seeks fastest chip

Apple wants the fastest chip for its mobile devices and has bought another chip maker in order to gain an edge over its competitors.

Published Wed, Apr 28 2010 6:32 AM by Postbulletin.com Local Business

Lawmakers, watchdogs urge rollback of Facebook component linked to privacy invasion

SAN FRANCISCO — Lawmakers and privacy watchdogs are asking Facebook Inc. to roll back a new feature that they say invades the privacy of the popular online social network's more than 400 million users.

Published Wed, Apr 28 2010 6:25 AM by Postbulletin.com Local Business

Fashion Finds consignment shop offers designer labels

Money is tight pretty much everywhere these days, but some things don't change, "Women still want to look good," said Cindy Riley. "They just want to do it at a lesser price." That's why Riley is opening a new consignment shop...

Published Wed, Apr 28 2010 5:00 AM by Postbulletin.com Local Business

Malcolm Berko: Avoid withdrawing from annuity

In March 2007, I was making an annual $44,000 deposit at the Bank of America from a piece of property I sold on an installment plan.

Published Tue, Apr 27 2010 10:10 AM by Postbulletin.com Local Business

Tyson Foods spent $611,937 lobbying in first quarter

Tyson Foods Inc. spent $611,937 in the first quarter to lobby the government on ethanol policy, diesel tax credits and other issues, according to a recent disclosure report.

Published Tue, Apr 27 2010 10:06 AM by Postbulletin.com Local Business

India's ambassador plans Minnesota visit

ST. PAUL — India's ambassador to the United States plans a visit to Minnesota next month.

Published Tue, Apr 27 2010 9:01 AM by Postbulletin.com Local Business

Court: Wal-Mart to face massive class action suit

A sharply divided federal appeals court on Monday exposed Wal–Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class action lawsuit alleging gender discrimination over pay for female workers can go to trial.

Published Tue, Apr 27 2010 8:54 AM by Postbulletin.com Local Business