Business

FDA to crack down on menthol cigarettes, flavored vapes

NEW YORK (AP) — In a major new effort to curb smoking, a top U.S. health official pledged Thursday to try to ban menthol cigarettes and flavored cigars and tighten rules governing the sale of most flavored versions of electronic cigarettes. The proposed restrictions were aimed mainly at ...

Business Briefs for Nov. 12

Schaar receives Accredited Portfolio Management Adviser Designation Trisha Schaar, CRPC, CLTC, APMA a financial adviser with Echelon Wealth Partners, a private wealth advisory practice of Ameriprise Financial Services, Inc. in Marshall, has achieved the professional designation of Accredited ...

Stocks end a strong week with losses as Apple shares skid

NEW YORK (AP) — U.S. stocks slipped Friday as Apple absorbed its worst loss in more than four years. Thanks to gains over the previous three days, the S&P 500 index finished with its biggest weekly increase since March. Apple, the world’s largest technology company, forecast weak ...

Shoppers may face hard choices again on health marketplaces

Insurance shoppers likely will have several choices for individual health coverage this fall. The bad news? There’s no guarantee they will cover certain doctors or prescriptions. Health insurers have stopped fleeing the Affordable Care Act’s marketplaces and they've toned premium hikes ...

Avera donates $50,000 to Holy Redeemer school

MARSHALL — When Holy Redeemer School started talking about a building renovation project, the decision by Avera to offer support was an easy one to make, according to its Regional President and CEO Mary Maertens. “We wanted to partner with Holy Redeemer in a meaningful way,” Maertens ...

GM proposes nationwide zero-emissions vehicle sales mandate

DETROIT (AP) — General Motors says it will ask the federal government for one national gas mileage standard, including a requirement that a percentage of auto companies' sales be zero-emissions vehicles. Mark Reuss, GM’s executive vice president of product development, said the company ...

Stocks slump again; S&P 500, Dow back into red for year

Stocks are back in the red for the year after another wave of selling hit Wall Street Friday. The latest plunge came at the end of an unusually turbulent week of trading that had one huge gain sandwiched between massive losses. A three-week slide has left the benchmark S&P 500 index on ...

NBC cancels Megyn Kelly’s show after blackface controversy

NEW YORK (AP) — Megyn Kelly, the former Fox News Channel personality who made a rocky transition to softer news at NBC, was fired from her morning show Friday after triggering a furor by suggesting it was OK for white people to wear blackface at Halloween. “ ‘Megyn Kelly Today’ is not ...

Business Briefs for Oct. 22

Halloran is new staff accountant at Hoffman & Brobst Hoffman & Brobst, Certified Public Accountants, announces the addition of Chris Halloran to the professional staff of the firm. Halloran is a 2017 graduate of Concordia University, St. Paul. He will be working in the accounting, ...

US stocks wobble at end of another shaky week of trading

NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. Stocks surged in early trading after better-than-expected ...

Business Briefs for Oct. 15

Henriksen joins Minnesota Cabinets Julie Henriksen has joined Minnesota Cabinets. Henriksen, who previously owned 509 Design in Marshall, said she has always had a passion for design and enjoys working with clients to enhance their surroundings. She will work with clients on designs including ...

‘I love the Saudis’: Trump business ties to kingdom run deep

NEW YORK (AP) — He's booked hotel rooms and meeting spaces to them, sold an entire floor in one of his buildings to them and, in desperate moments in his career, gotten a billionaire from the country to buy his yacht and New York’s Plaza Hotel overlooking Central Park. President Donald ...

Tech stock rally helps snap losing streak as rough week ends

NEW YORK (AP) — Stocks rebounded Friday, clawing back some of the week’s steep losses, but the turbulent trading of the last few days left no doubt that the relative calm the markets enjoyed all summer had been shattered. Major U.S. indexes ended the week down about 4 percent, their worst ...

Stocks plunge again; Dow’s two-day loss reaches 1,300 points

NEW YORK (AP) — U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions that could slow economic growth. The Dow Jones Industrial Average fell 545 points after dropping 831 points ...

Trump steps up his attacks on Federal Reserve’s rate hikes

WASHINGTON (AP) — President Donald Trump on Thursday escalated his attack on the Federal Reserve’s interest rate increases, asserting that “the Fed is out of control” and blaming it for this week’s plunge in stock prices. “It’s a correction that I think is caused by the Federal ...

Risk of streaming fatigue as Walmart, AT&T, Disney join fray

NEW YORK (AP) — As Walmart, AT&T and Disney join stalwarts such as Netflix in streaming video and creating original shows, a reality sets in: Not all will survive. Over the past week, Walmart announced plans to partner with MGM Studios on original shows for Walmart's video-on-demand ...

Business Briefs for Oct. 8

Myers joins Carris Health Clinic-Marshall Carris Health welcomes Kasey Myers, DNP, FNP-C, to its medical team in Marshall. Myers will be serving patients in a shared practice model seeing patients with Dr. Tim Michaels and Dr. Bill Kremer beginning in mid-October. Myers received her ...

US jobless rate lowest since 1969

WASHINGTON (AP) — The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast. The Labor Department reported Friday that the rate edged ...

Stocks sink again as job gains send bond yields higher

NEW YORK (AP) — U.S. stock and bond prices fell again Friday after the Labor Department said the economy continues to add jobs at a strong pace, and investors worried about a three-day surge in yields. The Department of Labor said employers added significantly more jobs in July and August ...

Telsa faces reckoning with CEO Elon Musks job in jeopardy

SAN FRANCISCO (AP) — The very attributes that have fueled a mania around Elon Musk — his vision, brash personality and willingness to take risks — could prove to be his downfall. The Tesla CEO who made his fortune and his renegade-genius reputation by bursting through the barriers of ...