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Business Briefs for May 13

J.D. Power ranks Edward Jones highest in investor satisfaction Edward Jones local financial advisers Neil M. Frost, Mike Leary, Brent Snodgrass, Ryan M. Snodgrass and Austin DeMuth announce the financial services firm Edward Jones ranks highest in investor satisfaction with full service brokerage firms, according to the J.D. Power 2019 U.S. Full Service Investor Satisfaction Study. The study measures overall investor satisfaction with 18 full service investment firms based on eight factors, including financial adviser, account information, investment performance, firm interaction, ...

Area wind turbine foundation system wins award

PORTLAND, Ore. — An Oregon cleantech company that developed a new concrete-saving, CO2-reducing foundation system for wind turbine towers has been awarded the 2019 Merit Award from the Post-Tensioning Institute, based on the first installation of the foundation technology in southwest ...

House Democrat issues subpoenas for Trump tax returns

WASHINGTON (AP) — A top House Democrat on Friday issued subpoenas for six years of President Donald Trump’s tax returns, giving Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig a deadline of next Friday to deliver them. Ways and Means Committee Chairman Richard Neal, D-Mass., issued the subpoenas days after Mnuchin refused to comply with demands to turn over Trump’s returns. Mnuchin told the panel he wouldn’t provide Trump’s tax records because the panel’s request “lacks a legitimate legislative purpose,” as Supreme Court precedent requires. Neal ...

Stocks rebound as hopes rise that trade tensions will ease

Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods when negotiators failed to reach a deal. Hours later, remarks from President Donald Trump and Treasury Secretary Steven Mnuchin gave investors reason for optimism. First, Mnuchin told CNBC that the trade talks had been “constructive,” which spurred the market’s rebound. Then, in a ...

Risky politics? Trump wields his tariffs as a weapon at home

NEW YORK (AP) — His trade war already raging worldwide, President Donald Trump on Friday brandished his aggressive approach as a political weapon at home, too, casting himself as a fighter for American workers and scorning his chief Democratic rivals as weak. Trump’s actions have already caused economic harm to some of the regions that backed him in 2016. Yet the Republican president is showing little regard for the political risks — or his party’s traditional embrace of free trade — as he stakes out his position on an issue that could define the 2020 presidential contest as ...

Business Briefs for May 6

Duininck, Inc. names Chris Duininck as president Duininck, Inc. of Prinsburg, named Chris Duininck as president of its Minnesota division, effective April 1. With the transition to the new role, Chris Duininck will focus on optimizing organizational structure and performance for the heavy civil construction company, which offers a diverse range of services and products. Trevor Duininck, a third-generation owner with a tenure of seven years as Chris Duininck’s predecessor, announced the transition at an all-employee meeting on April 4. “Over the last five years, Duininck has ...