Personnel
New Piper Jaffray CEO joins board Jan. 1
Piper Jaffray Cos., Minneapolis, announced Chad Abraham will be appointed to the board of directors effective Jan. 1.
Earlier this month it was announced Abraham would officially succeed Andrew Duff as CEO on Jan. 1. Duff will remain chairman of the board.
Operations
ASV moving parts center to Grand Rapids
ASV Holdings Inc., Grand Rapids, Minn., announced it is moving its parts-distribution operations from Southhaven, Miss., to Grand Rapids.
ASV, a maker of compact track and skid steer loaders, will invest $686,000 in a 53,000-square-foot leased warehouse space. The Minnesota Department of Employment and Economic Development is providing a $125,000 loan for the project. The move brings 13 jobs to the area with wages averaging $20.25 per hour.
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Business
Google plans to invest $2 billion to build data center in northeast Indiana, officials say
Google plans to invest $2 billion to build a data center in northeastern Indiana that will help power its artificial intelligence technology and cloud business, company and state officials said Friday.
Business
Owner of exploded Michigan building arrested at airport while trying to leave US, authorities say
The owner of a suburban Detroit business that caught fire and exploded, killing a man, was arrested at a New York airport as he was preparing to depart for Hong Kong on a one-way ticket, authorities said Friday.
Business
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits
A real estate company owned by Warren Buffett's Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages forced U.S. homeowners to pay artificially inflated broker commissions when they sold their homes.
Nation
Businesses hindered by Baltimore bridge collapse should receive damages, court filing argues
A Baltimore publishing company has filed a class action claim arguing the owner and manager of the massive container ship that took down the Francis Scott Key Bridge last month should have to pay damages to businesses adversely impacted by the collapse.
Business
Jury in Abu Ghraib trial says it is deadlocked; judge orders deliberations to resume
A judge ordered jurors Friday to keep deliberating after they said they were deadlocked in a lawsuit alleging a Virginia-based military contractor is liable for abuses suffered by inmates at the Abu Ghraib prion in Iraq two decades ago.
