MERGERS AND ACQUISITIONS Multiband Corp., Minnetonka, has amended its July 19 acquisition agreement with MDU Communications by extending the deadline to complete the transaction from Dec. 31 to Feb. 28, 2013.
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Business
What we know about the Baltimore bridge collapse
A cargo ship rammed into Baltimore's Francis Scott Key Bridge, causing the span to collapse and presumably killing six construction workers. On Wednesday, a day after the early-morning crash, officials with the National Transportation Safety Board boarded the ship and planned to recover information from its electronics and paperwork while divers searched for the bodies of workers who were still missing.
Business
NYC will try gun scanners in subway system in effort to deter violence underground
New York City officials announced a pilot program on Thursday to deploy portable gun scanners in the subway system, part of an effort to deter violence underground and to make the system feel safer.
Business
Maryland seeks $60M in federal help to start recovery plan for collapsed Baltimore bridge
Massive barges carrying cranes streamed toward Baltimore on Thursday to begin the challenging work of removing twisted metal and concrete in an attempt to open a key shipping route blocked by the wreckage of the Francis Scott Key Bridge.
Business
Home Depot buying supplier to professional contractors in a deal valued at about $18.25 billion
Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion including debt.
Business
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a stubbornly low inventory of properties on the market this spring homebuying season.