Stocks start new month with gains
NEW YORK (AP) — Stocks jumped Wednesday after surprisingly strong growth in U.S. and Chinese manufacturing allayed some of the worries that had been building over the global economy in recent weeks.
Ex-Lehman CEO says regulators refused to save firm
WASHINGTON (AP) — The former chief of Lehman Brothers told a panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators refused to help — even though they later bailed out other big banks.
Stocks end August with meager gains
NEW YORK — The stock market ended its worst August since 2001 with meager gains Tuesday after minutes from the latest Federal Reserve meeting showed officials’ increasing concern about the economy.
Company to build gas plant in N.D.
BISMARCK (AP) — A natural gas company has confirmed plans to build a new processing plant near Watford City in western North Dakota.
Cornerstone sells four sites in N.D.
Cornerstone Bank has agreed to sell its locations in Enderlin, Fort Ransom, Lisbon and Sheldon in North Dakota to First State Bank of North Dakota.
Player’s hair insured for a million dollars
PITTSBURGH (AP) — Just call Troy Polamalu the man with the million- dollar hair. The long, flowing black hair that tumbles out of Polamalu’s helmet and down his back — it’s nearly three feet long — has been insured for $1 million by Head and Shoulders, the shampoo brand that is endorsed by the Pittsburgh Steelers safety.
Stocks are lower, investors cautious
NEW YORK (AP) — Stocks are closing lower as the economy showed more signs of slowing.
Government: Economy edges closer to stalling
WASHINGTON (AP) — As weak as it was, the economy turns out to have been even worse — closer than the government first thought to stalling out completely or even falling back into recession.
Greer receives Noridian award
The Noridian Values recipient for July is Connie Greer. The Values Award is presented monthly to an employee who ex-hibits the Noridian Business Values: “Our Customers, A Dy-namic Workplace, Excellence and Integrity.”
Edinger joins staff of NDFU
Carla Edinger has been hired as the North Dakota Farmers Union outreach and training coordinator.
Past presidents of chamber form group
Rather than waste the expertise and knowledge gained chairing the Jamestown Area Chamber of Commerce Board of Directors, past chair Joan Morris decided the chamber needed a Past Presidents Group.
Recovery Zone bonds available here
Economic development officials would like to see all of the $10.6 million in Recovery Zone bonds issued by the deadline at the end of 2010, according to Connie Ova, CEO of the Jamestown/Stutsman Development Corp.
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