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Business

Business Briefs for Aug. 26

Avera Marshall announces new board member Avera Marshall Regional Medical Center welcomes Stephen Crim to its board of directors. Crim is the director of operational strategy for Avera@Home. Prior to joining Avera, he spent 32 years working with Morrell/Smithfield Foods in Sioux Falls. He ...

This means trade war: Is Trump’s economic team up for it?

WASHINGTON (AP) — Facing a trade war against China that has shaken the global economy, President Donald Trump gathered his most trusted economic aides in the Oval Office. The assembled brain trust for Friday’s urgent consultations included an economics chief best known for his stint as a ...

US stocks tumble as US-China trade war rattles investors

The Dow Jones Industrial Average plunged more than 600 points Friday after the latest escalation in the trade war between the U.S. and China rattled investors. The broad sell-off sent the S&P 500 to its fourth straight weekly loss. Stocks tumbled after President Donald Trump responded ...

Walmart to revamp, reopen El Paso store after mass shooting

EL PASO, Texas (AP) — Walmart plans to reopen the El Paso store where 22 people were killed in a shooting earlier this month, the retail giant said Thursday, but the entire interior of the building will first be rebuilt. The renovated store will include an on-site memorial honoring the ...

Trump, G-7 leaders to open summit focused on economy

WASHINGTON (AP) — President Donald Trump and other leaders of the world's most industrialized nations will open their annual G-7 summit over the weekend by discussing the global economy. White House officials said Thursday that the session was added to Sunday’s schedule at the last minute ...

US stock indexes end mixed ahead of Fed chairman speech

A wobbly day on Wall Street left stock indexes mostly lower Thursday as investors turned cautious ahead of a widely anticipated speech by the Federal Reserve chairman. Losses by health care, technology and energy companies, among other sectors, outweighed gains by banks, consumer goods makers ...