GF Business News
Doug Barrett | Aug 24, 2019 AT 5:35 pm
Sales of new homes tumbled 12.8% in July as higher prices and limited inventory sidelined would-be buyers. The Commerce Department says new homes sold at a seasonally adjusted annual rate of 635,000 units, down from a revised June rate of 728,000.
The U.S. job market isn't quite as strong as originally believed. Revised figures show that the economy had 501,000 fewer total jobs this March than initially reported. The Labor Department says that nearly two-thirds of the downward revision came from the retail and leisure and hospitality sectors, the industries most associated with consumer spending.
The U.S. Department of Commerce says it's reached a tentative deal with Mexican tomato producers to prevent unfairly cheap produce from reaching American consumers, heading off a potential 25 percent tariff. Secretary of Commerce Wilbur Ross said today that the draft agreement "meets the needs of both sides." The U.S. imports about $2 billion of Mexican tomatoes yearly.
Del Monte Foods will close a corn-packing plant in north central Illinois, idling more than 600 full-time and seasonal employees. Parent company Del Monte Pacific Ltd. announced Tuesday the closing of the Mendota plant is part of a restructuring. Del Monte also will close a plant in Sleepy Eye, Minnesota, and sell one in Cambria, Wisconsin. It says production will end at the end of the current pack season.
The Labor Market Information Center has released the latest Online Job Openings Report (OJOR), a monthly summary of online job openings and active résumés from Job Service North Dakota’s labor exchange system. North Dakota had a total of 13,682 open and available online job openings in July 2019, a change of +0.6 percent (+87) from the prior month and +7.0 percent (+893) from the same month one year ago.
Nebraska's highest court has rejected another attempt to derail the Keystone XL pipeline that could have forced the developer to reapply for state approval and delayed the $8 billion project yet again. The Nebraska Supreme Court on Friday upheld the decision of regulators who voted in 2017 to green-light a route through the state. The court's decision removes one of the last major hurdles for the project
Volkswagen is recalling about 679,000 cars in the U. S. to fix a problem that could let the cars roll away unexpectedly. The automaker says silicate can build up on a shift lever switch, allowing the key to be removed if the lever isn't in park. That could let the cars roll off unexpectedly.
The City of Fargo has adopted a new policy intended to strengthen criminal prosecution of those who shoplift from retail stores in Fargo. The policy is directed toward retail stores who have store security officers and use multiple cameras. to monitor the sales floor in their stores. Retail stores must include the name of a witness or witnesses who can identify the suspect in a court of law and must provide any video evidence in a format that is compatible with the system used in the courtroom. The new policy is not applicable to shoplifters who are caught in the act, nor does the policy apply to residential or motor vehicle thefts or to business thefts.
The University of Minnesota Crookston has been named one of the best colleges in the Midwest. The honor comes from The Princeton Review – a nationally known education services company. The Princeton Review chose 158 colleges from twelve states for its “2020 Best Midwestern” listing.
East Grand Forks E-D-A ready to float a 150-thouand dollar Revolving Loan Fund to Delisle Properties to expand its existing business footprint along Business Highway 2. Mayo Manufacturing is looking to utilize the building space to expand its potato equipment. The project is expected to cost around 650-thoudsnd dollars. The company is also awaiting word on a 150-thousand dollar loan from Minnesota DEED.
Agriculture Commissioner Doug Goehring is urging growers across the state to donate extra fruits and vegetables from their harvest this year to help meet the needs of hungry North Dakotans as part of the Hunger Free ND Garden Project, which is marking its 10th year. The statewide project encourages home gardeners and commercial growers to plant extra produce each year for donation to charitable organizations across the state. Since its inception, the project has recorded more than 2.8 million pounds of fresh produce donations.
Grand Forks Public Schools is now able to offer a quick and easy way for families and students to view daily breakfast and lunch menus through a partnership with MealViewer. MealViewer provides access to online menus available 24/7 on the district website or through the district mobile app. Users can create profiles and review information about each menu item. The site can also be used to select any allergens a student has and they will get an alert each time that allergen is on the menu.
Hasbro is giving plastic packaging the boot. The toy maker says all packaging for its new products will be mostly plastic free by the end of 2022.