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Business
05/10/2008 12:00 AM
BISMARCK — The federal government should stop burying the highest-quality oil in an underground reserve and quit making it easy for speculators to drive up crude prices, Sen. Byron Dorgan, D-N.D., said Friday, echoing a demand Gov. John Hoeven made a week ago.
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05/10/2008 12:00 AM
BISMARCK — Bobcat Co.’s new worldwide distribution center in Minnesota will not derail plans for the company’s involvement in a proposed $20 million public-funded shipping facility in Bismarck, city and company officials say.
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05/10/2008 12:00 AM
ST. PAUL — A judicial panel recommends the Minnesota Public Utilities Commission reject an electric transmission project in western Minnesota that is linked to the proposed Big Stone II power plant.
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05/09/2008 12:00 AM
BISMARCK — Imation Corp. plans to close its floppy diskette plant in Wahpeton, N.D., by the end of the year, a few months sooner than expected, after a group of former employees have taken over some of its contracts.
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05/09/2008 12:00 AM
Oil crosses $124: Gasoline and crude oil jumped to records Thursday, with gas rising 3 cents to an average national price of nearly $3.65 a gallon and oil crossing $124 a barrel for the first time.
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05/08/2008 12:00 AM
NEW YORK — The relentless rise in oil prices caught up with the stock market Wednesday when crude climbed above $123 a barrel and drove the major averages to their worst day in almost a month.
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05/08/2008 12:00 AM
Grand Forks County adopted new animal feedlot regulations this week, ending a six-month moratorium on new or expanded operations.
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05/08/2008 12:00 AM
An official with MeritCare Health System said cost-cutting moves instituted by the state’s largest health care system should not have a noticeable effect on local patients.
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05/07/2008 12:00 AM
ST. PAUL — Passenger air service in rural areas of the Upper Midwest would not be harmed by a Northwest-Delta airline merger, but high fuel prices could affect service, a Delta executive said.
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05/07/2008 12:00 AM
MINNEAPOLIS — Medical device maker Medtronic Inc. is planning to cut its work force by about 1,100 jobs, or about 3 percent, during the current fiscal year as part of global restructuring.
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05/07/2008 12:00 AM
CHICAGO — Agriculture futures traded mostly higher Tuesday on the Chicago Board of Trade.
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05/07/2008 12:00 AM
NEW YORK — Oil futures blasted to a record near $123 a barrel Tuesday, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. Retail gas prices edged lower but appear poised to rise to new records of their own in coming weeks.
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05/07/2008 12:00 AM
NEW YORK — Wall Street reversed early losses to close higher Tuesday, as investors monitored the movements of record high oil prices but still laid bets that the economy and companies are in recovery mode.
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05/05/2008 12:00 AM
The Bemidji City Council today is expected to consider authorizing plans to expand the city’s industrial park. The industrial park expansion plans would add 68 acres to the Bemidji Industrial Park and would include construction of sanitary sewer, water main and roads, according to a staff report from City Engineer Craig Gray.
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05/05/2008 12:00 AM
The agriculture boom will be great for North Dakota because it is contributing to significant secondary spending in farm equipment sales and even at auto dealers.
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05/05/2008 12:00 AM
A grass-filled empty lot at DeMers Avenue and North Fourth Street in downtown Grand Forks has been put up for sale.
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05/05/2008 12:00 AM
Erika Quinones has been promoted to real estate loan associate at Community Bank of the Red River Valley.
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05/05/2008 12:00 AM
Eide Motors started selling new Hyundai cars out of its South Washington Street dealership in Grand Forks about three weeks ago.
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05/05/2008 12:00 AM
Rebarcheck Construction Inc. in Grand Forks was presented with Star Building System’s 2007 Outstanding Builder Award. The award recognizes builders for market share and sales volume achievements.
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05/05/2008 12:00 AM
A new state audit shows that once you get outside the metro area, the northwest region of Minnesota leads the state in municipal liquor store sales.
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05/03/2008 12:00 AM
FARGO — Minnesota and North Dakota’s troika of agricultural policy power predicted Friday the farm bill will go to the House floor next week.
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A spokeswoman for Rupert Murdoch's News Corp. says the media conglomerate has withdrawn its bid to purchase Newsday.
