Business

S&P 500 ends 2-day losing streak as tech leads stocks higher

Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market’s two-day losing streak. Apple and chipmakers led the wave of buying, helping to drive the technology sector to an overall gain of 2.5 percent. The sector is up 21.1 percent this year so far, well ahead ...

Business Briefs for March 18

Fennell earns top honor for customer service Charles Fennell, an American Family Insurance agency owner in Marshall, has been recognized for providing an outstanding customer experience under the American Star Excellence in Customer Experience Certification Program. “An extraordinary ...

End of an era

MARSHALL — Sure, when you think of Marshall Radio you think of the Linder Family Network, but you also might think of Brad Strootman and Joyce Holm Strootman. After playing an integral part of the Marshall radio scene for over 30 years, the Strootmans packed up decades of memorabilia and ...

US business groups encouraged by China legislation

WASHINGTON (AP) — U.S. business groups said Friday they are encouraged by China's approval of a new law that loosens restrictions on foreign investment and said it could help smooth the way to a substantive trade agreement between the two countries. China’s ceremonial legislature passed a ...

Tech companies power US stocks to solid weekly gain

The S&P 500 rose to a new high for the year Friday as resurgent technology stocks closed out their best week in four months with solid gains. Financial, health care and consumer stocks also helped lift the market. The gains erased losses from last week, when the S&P 500 had its worst ...

Job openings rise, outnumber the unemployed by 1 million

WASHINGTON (AP) — U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November, evidence that businesses are still hungry for workers despite signs the economy has slowed. The Labor Department said Friday that hiring also rose and the number of people ...

Business Briefs for March 11

Archbolds receive Master’s Circle recognition Edina Realty, a Berkshire Hathaway affiliate and the Midwest’s largest residential real estate firm, recently announced that Molly and Bill Archbold, realtors from the Marshall office, are being recognized for outstanding sales performance, ...

US adds just 20K jobs; unemployment dips to 3.8%

WASHINGTON (AP) — Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month’s weak ...

First down week since January for S&P 500 as unease spreads

The Associated Press Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more ...

Investing became cheaper, easier during bull market run

NEW YORK (AP) — As the bull market for U.S. stocks celebrates its 10th birthday, joining the party has never been cheaper or easier. Investors can buy or sell stocks on their phone with the flick of a thumb, and for a much lower cost than was possible on March 9, 2009, when the S&P 500 ...

Business Briefs for March 4

Soupir joins local office of Van der Hagen, Skogrand & Associates Devin Soupir has joined the Marshall financial practice of Van der Hagen, Skogrand & Associates a private wealth advisory practice of Ameriprise Financial Services, Inc. as an administrative assistant. In this role, ...

Making a ‘good business even better’

MARSHALL — The same leatherworking skills that once formed the basis of success for harness makers are back on West Main Street in Marshall through a new shoe repair venture. Chad and Brenda Krog, owners of Mid-West Cleaners, have launched a shoe repair service after hearing about public ...

US Treasury takes first steps to avoid exceeding debt limit

WASHINGTON (AP) — The Treasury Department is taking the first steps to keep the government from exceeding the $22 trillion debt limit which goes back into effect on Saturday, setting off what will likely be months of battle in Congress on finding ways to avoid an unprecedented default on the ...

After ‘botch,’ Walmart moves to keep disabled greeters

Walmart endured more than a week’s worth of bad publicity before announcing it would make “every effort” to find a role for disabled workers who had been threatened with job loss as the retailer gets rid of greeters at 1,000 stores. Amid a fierce backlash, Greg Foran, president and CEO ...

S&P 500 snaps 3-day losing streak as US stocks close higher

Health care and technology companies helped lift U.S. stocks higher Friday, breaking a three-day losing streak for the S&P 500 and giving the benchmark index its fifth consecutive weekly gain. Renewed optimism for a potential resolution to the U.S.-China trade conflict helped put ...

Business Briefs for Feb. 25

Brink joins Thrivent Financial Sara Brink of Marshall has joined the Ridgestone Team of Thrivent Financial as a financial professional. Brink supports Thrivent members by helping them develop sound financial strategies so they can prepare for retirement, help families take steps to become ...

Planning for expansion

LAKE BENTON — For much of 2018 Lake Benton residents thought their downtown hardware store was likely to close, but new owners stepped forward to keep it a vital part of the business community. Curtis and Laura Rethwisch bought the hardware store last September from previous owner Gary ...

Meyer joins local office of Van der Hagen, Skogrand & Associates

Sarah Meyer has joined the Marshall financial practice of Corey J. Skogrand, CFP®, ChFC®, CLU® a private wealth advisor with Van der Hagen, Skogrand & Associates a private wealth advisory practice of Ameriprise Financial Services, Inc.as an administrative assistant. In this role, Meyer ...

Stocks post strong finish as optimism over trade talks grows

The Dow Jones Industrial Average surged more than 400 points Friday as renewed optimism over trade talks between the U.S. and China put investors in a buying mood. The rally marked a turnaround from a day earlier, when disappointing holiday sales data led to a modest sell-off. Friday's gains ...

Payless ShoeSource to shutter remaining US stores

NEW YORK (AP) — Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year. The Topeka, Kansas-based chain said Friday it will hold liquidation sales ...