24 Hour Business
Red Lion Hotels names Schweitzer EVP, COO of unit
Red Lion Hotels Corp. said Monday that George Schweitzer has been named executive vice president and chief operating officer of hotel operations. (Updated: 11/09/09 3:47 PM )
Bond prices hold steady after successful auction
Government bonds were little changed Monday as soaring stock prices chipped away at demand for Treasurys after a successful auction of three-year notes. (Updated: 11/09/09 3:47 PM )
Tax waivers for pipeline to cost local governments
Leaders from six Kansas counties want a chance to challenge the state's contention that the Canadian owner of a crude oil pipeline is eligible for millions of dollars in tax credits. (Updated: 11/09/09 3:42 PM )
Fitch downgrades Phoenix life insurance
The life insurance subsidiaries of The Phoenix Companies Inc. received a ratings downgrade on Monday by Fitch Ratings. (Updated: 11/09/09 3:42 PM )
Berkshire to sell UP, Norfolk Southern stakes
Warren Buffett's company will sell its stakes in Union Pacific and Norfolk Southern railroads before it completes its $26.3 billion acquisition of Burlington Northern Santa Fe Corp. railroad. (Updated: 11/09/09 3:37 PM )
Mutual of Omaha drops 'aha' lawsuit against Oprah
Mutual of Omaha may have had its own "aha moment" when the insurance company decided to drop its lawsuit against Oprah Winfrey's company over the rights to that phrase. (Updated: 11/09/09 3:37 PM )
More job cuts planned at Star Tribune
The Star Tribune is cutting about 100 jobs as Minnesota's largest newspaper further trims costs after emerging from bankruptcy protection. (Updated: 11/09/09 3:22 PM )
Rates on short-term Treasury bills mixed
Interest rates on short-term Treasury bills were mixed in Monday's auction. Rates on three-month bills rose and rates on six-month bills fell to the lowest level in a month. (Updated: 11/09/09 3:17 PM )
Oilman says ND reserves could be double estimates
Billionaire oilman Harold Hamm believes North Dakota's oil reserves are double the federal government's estimates. (Updated: 11/09/09 3:17 PM )
Fed: GMAC to receive more bailout money
The Federal Reserve says GMAC is the only one of 19 stress-tested banks that needs more capital to withstand a future downturn. (Updated: 11/09/09 3:12 PM )
Western Refining shutters Bloomfield, NM, plant
Western Refining Inc. is shuttering its Bloomfield, N.M., refinery and consolidating the operations of its two New Mexico plants in a move the company says will save $25 million per year. (Updated: 11/09/09 3:12 PM )
Talent agency acquires Michigan-focused competitor
A talent management agency with offices in Detroit, Chicago and Los Angeles has acquired a Michigan-focused competitor and plans to expand its film division following the deal. (Updated: 11/09/09 3:12 PM )
Correction: Roper Industries story
In a Nov. 6 story about Roper Industries, The Associated Press erroneously described the effects of two acquisitions. The deals are expected to add at least $38 million to the company's earnings before interest, taxes, depreciation and amortization, not its pretax profit. (Updated: 11/09/09 3:07 PM )
Western Refining shutters 1 New Mexico refinery
Western Refining Inc. is shuttering its Bloomfield refinery and consolidating the operations of its two northwestern New Mexico plants at its Gallup refinery in a move the company says will save $25 million per year. (Updated: 11/09/09 2:57 PM )
W.Va. gov. to host private meeting on coal
Gov. Joe Manchin is planning to host a private meeting on the future of coal in West Virginia with government, industry and labor representatives. (Updated: 11/09/09 2:52 PM )
