Kraft Heinz sells Planters brand to Hormel Foods
Hormel Foods is going nuts. The Austin, Minn.-based company, known for its meat brands like Spam and Applegate, said today it is buying the Planters…
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US jobless claims fall slightly to 793,000 with layoffs high
WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline…
Shell says its oil output peaked, speeds up emission cuts
LONDON — Global energy company Shell said it plans to eliminate seven refineries and reduce production of gasoline and diesel fuel by 55% during the…
Restaurant Brands: 4th quarter earnings snapshot
TORONTO — Restaurant Brands International today reported fourth-quarter net income of $91 million. The Toronto-based company said it had profit of 30 cents per share….
UW-P rock-climbing device a finalist in business contest
PLATTEVILLE, Wis. — A rock-climbing tool invented by a group of former University of Wisconsin-Platteville students and a current faculty member has advanced in a…
Area ski resorts booming with plenty of snow, open-air recreation in time of COVID-19
Ethan Melloy added another layer to his clothing on a bitterly cold but brightly sunny recent day at Sundown Mountain Resort outside of Dubuque. “I’ve…
Study lays out options for future housing developments in Asbury
ASBURY, Iowa — City of Asbury officials were presented this week with two options for future housing growth: continue their current path of developing higher-priced,…
Taxing time: How the pandemic will affect filing your taxes
The pandemic has made everything a bit trickier — tax filing season is no exception. The whole process is starting a bit later this year…
US consumer prices up 0.3% in January, led by energy spike
WASHINGTON — U.S. consumer prices rose 0.3% in January, led by a surge in energy. Though the gain was the biggest monthly increase since July,…
GM 2020 profit drops, but it makes $6.43 billion despite pandemic
DETROIT — General Motors’ profit fell 4.5% in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a…