Category Archives: Business News

Ex-Center for Innovation CEO Gjovig hospitalized with COVID
Bruce Gjovig, the former CEO of UND's Center for Innovation, is in an intensive care unit with COVID-19. According to a Caringbridge site created on Monday, Gjovig is in an induced coma, and breathing...
Pat Sweeney Nov 16, 2021

Former Sanford CEO paid more than $49M last year
Internal Revenue Service filings show former Sanford Health CEO Kelby Krabbenhoft was paid more than $49 million in salary, severance and other payouts last year. Krabbenhoft left Sanford last year af...
Pat Sweeney Nov 16, 2021

GF development agreement with Fufeng being drafted
A development agreement is in the works between Grand Forks and leaders of the China-based Fufeng Group that plans to locate a corn milling facility in the city. The council last night (Monday) review...
Doug Barrett Nov 16, 2021

GF Growth Fund: Go karts & mini golf
The Grand Forks Growth Fund has approved a $107,000 FlexPace loan to assist the owners of the Northern Air Fun Center to develop an indoor electric go-kart track and an outdoor 18-hole mini golf cours...
Doug Barrett Nov 16, 2021

Housing is priority for upgrades at Roosevelt National Park
Employee housing is a priority as officials make plans for improving and upgrading Theodore Roosevelt National Park's aging facilities. The park's planning team is consulting with American Indian trib...
Doug Barrett Nov 16, 2021

Minnesota Gov. Walz departs for Europe trade mission
Minnesota Gov. Tim Walz is leaving for a six-day trip to Europe to promote the state's businesses. The Democratic governor said says he will travel to the United Kingdom and Finland to promote trade w...
Doug Barrett Nov 15, 2021

Business News: GF home sales...jobs & interns
Average long-term mortgage rates in the U.S. fell this week, as the key 30-year rate again retreated below 3%. Mortgage buyer Freddie Mac reports that the average rate on the benchmark home loan decli...
Doug Barrett Nov 14, 2021

GF CIA supporters inch closer to goal
Supporters of a Career Impact Academy for Grand Forks have update the drive to raise $10 million dollars for the project. Another $945,000 dollars was secured this week pushing the tally to date to ov...
Doug Barrett Nov 12, 2021

ND lawmakers still looking at tax relief plans (Update)
Update: Republican Gov. Doug Burgum's push to use some of the state treasury's surpluses to offset income taxes appears certain to win approval, despite initial opposition from legislative leaders in ...
Doug Barrett Nov 11, 2021

GF looking to nail down manufacturing details
Grand Forks leaders still have to work through some of the details of the framework agreement that will bring a corn milling facility to the city. The deal - announced on KNOX last week - touts thousa...
Doug Barrett Nov 11, 2021