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GF Business Briefs

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Steady oil prices and the end of strong summer demand should start pushing gasoline prices down. The auto club AAA predicts that the national average will drop 14 cents to $2.70 a gallon this fall. The current average of $2.84 is up 46 cents from a year ago.

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C.L. Linfoot of Grand Forks has reached a business milestone. The longtime mechanical contractor is celebrating its 125th anniversary. C-L Linfoot originally began as a small roofing company in downtown East Grand Forks in 1893. Now an all service mechanical contractor the company has evolved over the years to its current location on DeMers Avenue. C.L. Linfoot employs around 60 workers.

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AT&T announced this week an investment of nearly $40 million in North Dakota wireless and wired networks during 2015-2017. These investments were intended to boost reliability, coverage, speed and overall performance for residents and businesses. They also target critical services that support safety and first responders. In 2017, 175 network enhancements across North Dakota, including new cell sites, the addition of network capacity and network upgrades.

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Titan Machinery Inc. reports fiscal second-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier. The West Fargo, North Dakota-based company said it had net income of 23 cents per share. Earnings came to 28 cents per share. The agriculture and construction equipment seller posted revenue of $299.9 million in the period.

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A $75 million cleanup project at U.S. Steel Corporation's former Duluth site on the St. Louis River will begin next year. The Environmental Protection Agency and U.S. Steel announced this week that they have reached an agreement on cleaning up and restoring the Spirit Lake site. The project includes dredging 700,000 cubic yards of contaminated sediment.

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Campbell Soup Co. plans to focus on its core snacks and soup business in North America and sell its international business, paying down debt. The company says it's working urgently to complete all the moves by next July. The planned sales will leave Campbell Soup with brands including Goldfish, Pepperidge Farm and Snyder's of Hanover.

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Researchers are feeding seaweed to dairy cows in an attempt to make cattle more climate-friendly. The study includes adding small amounts of seaweed to cattle feed can help reduce their emissions of methane, a potent greenhouse gas that's released when cattle burp, pass gas or make manure. In a study this past spring, researchers found methane emissions were reduced by more than 30 percent in a dozen Holstein cows that ate the ocean algae, which was mixed into their feed and sweetened with molasses to disguise the salty taste.

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