Business

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 ...

New plans for the Lodge

SLAYTON — The countdown has started for the 2019 opening of the renovated Lake Shetek Lodge on Valhalla Island. New owners Lance Rogers of Wilmont, his fiance Tami Brink, and distant relatives Chuck and Robin Cessna have a mid-May target date to open for the season. Plans include the ...

Hiring surge lifts economy — and Trump’s re-election chances

NEW YORK (AP) — The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. “I’ll be running on the economy,” President Donald Trump declared on Friday. And why wouldn’t he? The day’s new round of sunny employment figures offered fresh ...

US stocks end broadly higher on solid jobs report, earnings

A solid jobs report and company earnings spurred U.S. stocks broadly higher Friday, driving the S&P 500 to its second straight weekly gain. The Nasdaq composite hit an all-time high for the second time this week. The benchmark S&P 500 index closed less than 0.1% below the record high ...

US economy grows at 3.2% rate in first quarter

WASHINGTON (AP) — The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown. The advance in the gross domestic ...

US stocks edge higher; S&P 500 is on track for record highs

Stocks edged higher on Wall Street in late-afternoon trading Friday, placing the market on track to finish with its second all-time high this week. A late-afternoon flurry of buying helped nudge the benchmark S&P 500 and other indexes higher after spending much of the day hovering near ...

Amazon to bring 1-day delivery to Prime members

NEW YORK (AP) — Two-day delivery is going out of style. Amazon, which hooked shoppers on getting just about anything shipped in two days, said this week that it will soon promise one-day delivery for its U.S. Prime members on most items. The company hopes that cutting delivery times in ...

Trump administration reevaluating offshore drilling plans

WASHINGTON (AP) — The Trump administration said Thursday it is reevaluating its controversial plan to sharply expand offshore drilling as it responds to a court ruling that blocked oil and gas development off Alaska and parts of the Atlantic. Governors and lawmakers from both Republican- ...

US stocks end mostly lower, weighed down by industrials

U.S. stock indexes finished mostly lower Thursday as disappointing earnings reports from several industrial sector companies weighed on the market, offsetting strong results from Facebook, Microsoft and others. 3M, which makes Post-it notes and many other products, plunged 12.9% in heavy ...

IRS data shows refunds down 2% under new tax law

IRS data released Thursday shows that while the average refund fell, the tax filing season was largely unchanged by the massive tax overhaul. The Tax Cut and Jobs Act, pushed by President Donald Trump, lowered the tax rate for most Americans. This year was the first time taxpayers filed under ...

Business Briefs for April 22

BH Electronics to receive Governor’s Safety Award BH Electronics Inc. will be recognized for excellence in workplace safety and health during the Governor’s Safety Awards ceremony on May 8 during the 85th annual Minnesota Safety & Health Conference at Mystic Lake Center. BH ...

Giving a Lyft

MARSHALL — Did you know the Lyft car service was in Marshall? There is, and Amanda Luerssen is behind the wheel. “I just started last month,” she said. She got the idea to drive when she was visiting San Diego and using Uber and Lyft services. She talked to the drivers and got a ...

Business Briefs for April 15

Registered Apprenticeships presentation is April 24 Staff from Apprenticeship MN of the MN Department of Labor and Industry will be in Marshall to promote Registered Apprenticeships as an innovative workforce solution. Apprenticeship MN will be in Marshall from 1:30-3 p.m. Wednesday, April ...

Keeping Clarkfield vital

CLARKFIELD — One of Clarkfield’s downtown traditions became a 21st century career opportunity in the past year for Medea Noel. She opened Medea’s Cafe on Oct. 27 at the cafe portion of Clarkfield’s centrally located business property known as the Diamond Mall. The establishment was ...

As cashless stores grow, so does the backlash

NEW YORK (AP) — Hembert Figueroa just wanted a taco. So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria in Manhattan, one of a small but growing number of establishments across the U.S. where customers can only pay by card or ...

S&P 500 notches 3rd straight weekly gain as US stocks rally

Stocks notched solid gains on Wall Street Friday, erasing most of the losses the market sustained after an uneven week of trading. The strong finish gave the S&P 500 its third straight weekly gain. The benchmark index is now just under 1% from its most recent all-time high set on ...

Minnesota farmer’s tearful video underscores industry woes

PINE ISLAND (AP) — A Minnesota dairy farmer frustrated by the industry’s rising financial pressures has taken to social media to voice his concerns in an emotional video that's been viewed hundreds of thousands of times. Mark Berg, 26, told the Star Tribune that he posted the ...

Business Briefs for April 8

Avera Marshall, Big Stone Therapies expand partnership Avera Marshall Regional Medical Center and Big Stone Therapies, Inc. announced that Avera Marshall has purchased the Big Stone Therapies clinic at the Market Street Mall in Marshall. Plans call for the current professional services ...

Committed to community news

TRACY — They may be new owners of a publishing company, but they have a combined 40 years of experience in the newspaper industry. Tara Brandl and Per Peterson took over ownership of the Tracy Headlight-Herald, now the Tracy Area Headlight-Herald, as of April 1. They bought the business ...

Hiring rebounds as US employers add 196,000 jobs

WASHINGTON (AP) — Hiring in the United States rebounded in March as U.S. employers added a solid 196,000 jobs, up sharply from February’s scant gain and evidence that many businesses still want to hire despite signs that the economy is slowing. The unemployment rate remained at 3.8%, near ...