Business

Business Briefs for Nov. 20

Nelson-Como is employee of the month at Boulder Creek Boulder Creek’s November Employee of the Month is Jane Nelson-Como. Jane was nominated by coworkers and family as always having a smile each day. She likes to have fun with the tenants and has a definite passion to help our tenants ...

Runnings raises funds to fight breast cancer

Runnings has announced that its annual Ladies Night Promotion generated $21,025 to help in the fight against breast cancer. The event, which took place Oct 18 at 28 stores including Marshall, hosted thousands of customers for an evening of fun events and giveaways. Customers purchased a ...

Uber seals multibillion-dollar investment from Japan’s Softbank

DETROIT (AP) — Japanese technology conglomerate SoftBank has reached a deal with Uber to invest billions in the ride-hailing giant. Uber Technologies Inc. confirmed the investment in a statement Sunday without giving details. But a person briefed on the deal told The Associated Press that ...

Lawsuit seeks new recourse for students on for-profit college fraud

WASHINGTON (AP) — Two women who claim they were defrauded by a for-profit college have sued the Education Department and a private loan servicer in a case their attorneys say could provide a new legal remedy for tens of thousands of students frustrated with the department’s inaction on ...

Broadcom offers $103 billion for Qualcomm in chip megadeal

NEW YORK (AP) — Broadcom made an unsolicited, $103 billion offer for rival chipmaker Qualcomm, the tech industry’s largest attempted takeover that is destined to come under intense regulatory scrutiny. Qualcomm, known to consumers as the maker of Snapdragon chips found in smartphones and ...

Target to offer shoppers a breather after Thanksgiving

NEW YORK (AP) — Target is offering shoppers a breather after holiday shopping on Thanksgiving. The Minneapolis-based discounter says it will open at 6 p.m. on Thanksgiving and then close at midnight local time. Its stores will then reopen at 6 a.m. local time on Friday until 10 p.m., 11 ...

Stocks rise as oil jumps 2-year high; chipmakers climb

NEW YORK (AP) — U.S. stocks made modest gains and set more records Monday as upheaval in oil-rich Saudi Arabia sent crude prices to two-year highs. Chipmakers and media companies climbed on deal reports while phone and household goods companies sank. U.S. crude oil reached its highest ...

Olson and Johnson transitions to North Central International

MARSHALL — Olson and Johnson is now North Central International but still provides service, sales and parts to Marshall and southwest Minnesota. “Our customers knew about it when we took over in 2007, much like in 1994 when it switched hands. It’s all in the family,” new owner Andy ...

Business Briefs for Nov. 6

Erickson attends leadership institute Tyler Erickson, farm manager and licensed real estate salesperson at Northwestern Farm Management Company, recently attended the Leadership Institute in Washington D.C. with the American Society of Farm Managers and Rural Appraisers. Erickson met with ...

Marshall businesses highlighted in Chamber workshop

MARSHALL — Marshall businesses shine on the Marshall Area Chamber of Commerce website and at its events, giving visitors and residents a better idea of what is available in the area for entertainment and business opportunities. Chamber director Brad Gruhot conducted a workshop Thursday ...

Trump nominates Jerome Powell to be next Fed chairman

WASHINGTON (AP) — President Donald Trump tapped Jerome Powell on Thursday to replace Janet Yellen as Fed chair when her term ends in February, choosing a moderate member of the Fed’s board who has backed Yellen’s cautious approach to interest rate hikes. Powell, 64, is seen as a safe ...

US stocks end mixed on tax proposals and shaky forecasts

NEW YORK (AP) — U.S. stocks finished mixed on Thursday as investors pored over House Republican’s tax proposals and President Donald Trump picked Fed Governor Jerome “Jay” Powell to lead the Federal Reserve. Weak results from consumer and health care companies pulled those parts of the ...

Pressure mounts on Apple to live up to hype for the iPhone X

SAN FRANCISCO (AP) — The iPhone X’s lush screen, facial-recognition skills and $1,000 price tag are breaking new ground in Apple’s marquee product line. Now, the much-anticipated device is testing the patience of consumers and investors as demand outstrips suppliers’ capacity. Apple ...

Poll: Most have little fear of robots taking jobs

WASHINGTON (AP) — Most Americans believe their jobs, and the jobs of those they live with, are safe from automation — at least for the next decade, according to an Associated Press-NORC Center for Public Affairs Research poll. And more than half think automation could make their work ...

Confusion coming with California’s legal marijuana

LOS ANGELES (AP) — Ready or not, California kicks off recreational marijuana sales on Jan. 1. And, mostly, it's not. Los Angeles and San Francisco are among many cities still struggling to fashion local rules for pot shops and growers. Without the regulations, there could be limited options ...

Avera now among newest members of American Well Exchange

American Well, the leading telehealth company, announced that its award-winning online health care marketplace, the Exchange, has continued to expand with the addition of providers from Avera. Avera currently offers telehealth video visits 24 hours a day through its application, AveraNow, ...

Puerto Rico says it’s scrapping $300M Whitefish contract

SAN JUAN, Puerto Rico (AP) — The head of Puerto Rico's power company said Sunday the agency will cancel its $300 million contract with Whitefish Energy Holdings amid increased scrutiny of the tiny Montana company’s role in restoring the island’s power system following Hurricane ...

Saudi crown prince favors extending OPEC production limits

Saudi Arabia’s crown prince says his country supports extending an agreement by major oil producers to limit output beyond next March. Crown Prince Mohammed bin Salman said Saturday that the OPEC-led agreement is necessary to balance supply with demand. Saudi Arabia is the world’s largest ...

US economy grew at 3 percent rate in July-September quarter

WASHINGTON (AP) — The U.S. economy, bolstered by business investment, grew at a solid annual rate of 3 percent in the third quarter. It marks the first time in three years that growth has hit at least 3 percent for two consecutive quarters. The Commerce Department reported Friday that the ...

Prosecutors: US conspiracy came amid slow sales of opioid

PHOENIX (AP) — A new mouth spray that delivered the powerful painkiller fentanyl to end-stage cancer patients wasn't selling as well as anticipated. So drug company executives moved quickly to make its production worthwhile. U.S. court records in the case against an immigrant billionaire ...