MERGERS AND ACQUISITIONS Civil engineering firm Loucks Associates, Maple Grove, has acquired Sanders Wacker Bergly, St. Paul, a landscape architecture and planning firm.
PERSONNEL Donaldson Co. Inc., Bloomington, has named James Owens to its board of directors, effective March 22. That brings the board to 10 members. Owens is president and CEO of Vadnais Heights-based H.B. Fuller Co.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Best Buy CEO Corie Barry's compensation fell more then 20% to $10.3M last year
The company failed to meet financial goals, triggering lower payouts for executives.
Business
U.S. employers scaled back hiring in April. How that could let the Fed cut interest rates.
The nation's employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market.
Business
Traffic snarled as workers begin removing bridge over I-95 following truck fire in Connecticut
Workers on Friday began removing a bridge over a Connecticut highway that was damaged in a fiery crash involving a gasoline tanker truck — a project expected to keep both sides of Interstate 95 closed through the weekend and extend a traffic nightmare on the major artery linking New England and New York.
Business
Stock market today: Wall Street surges as key report shows pullback in hiring
Wall Street opened sharply higher, erasing its losses for the week, after the government reported a cooldown in hiring last month. For markets that was a welcome sign that the Federal Reserve's efforts to fight inflation by slowing the economy with high interest rates might be making some progress. The S&P 500 rose 1% in early trading Friday. The Dow Jones Industrial Average added 445 points, and the Nasdaq composite climbed 1.7%. U.S. employers added 175,000 jobs last month, down sharply from a blockbuster increase in March. Apple jumped almost 7% after announcing a mammoth $110 billion stock buyback.
Business
US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500.