Business

Business openings, closings, and local economic news.

Anton Lundell celebrates his first hat trick with teammates during a game.

NHL roundup: Anton Lundell’s first hat trick powers Panthers past Jets

As the sun set over Sunrise, Florida, a palpable excitement filled the air at the FLA Live Arena. Fans clad in Panthers jerseys erupted as Anton Lundell netted his first career hat trick, a moment that not only marked a personal milestone for the young player but also propelled the Florida Panthers...

Jake Thompson

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Nikita Kucherov in action during a Lightning game

Business•8h

Reports: Nikita Kucherov requests trade from Lightning

In the dimly lit cabin of a private jet, the atmosphere was tense as the Tampa Bay Lightning's players settled in for their flight to Nashville. Among them, Nikita Kucherov, the team’s star winger and a two-time Hart Trophy winner, quietly shared news that would send shockwaves through the NHL: he...

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Construction site in Fargo, showcasing new building permits and developments.

Business•10h

What's going up in your neighborhood? Building permits published Oct. 31, 2026

On a crisp autumn morning, the sun rises over Fargo, illuminating the bustling streets where construction crews are already hard at work. This scene is a testament to the city’s ongoing growth and development, as residents eagerly await new spaces to call home and businesses to frequent. As the...

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Business•12h

US FDA approves Inovio’s treatment for rare throat disease; shares surge

Oct 30 (Reuters) The US Food and Drug Administration has ‌approved Inovio Pharmaceuticals treatment for a rare respiratory ‌condition, the regulator ⁠said on ⁠Friday, marking the company s first approved product. Shares of Inovio were up 215% ⁠in extending ⁠trading. Inovio s therapy INO-3107,...

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Business•16h

Fargo seasonal parking rules take effect Sunday

FARGO (KFGO) Seasonal parking restrictions take effect across Fargo on Sunday, and will remain in place through April 15, 2027. The annual rules limit parking to one side of the street on designated roadways. City officials say the restrictions allow street crews to clear snow efficiently, perform...

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Business•16h

CD&R pursues buyout of $40 billion payments processor Global Payments, FT reports

Oct 30 (Reuters) Private equity firm CD R is looking to acquire Global Payments, ‌which has an enterprise value of roughly $40 billion, the Financial Times ‌reported on Friday, ⁠citing people familiar ⁠with the matter. CD R has teamed up with private equity group GTCR, Global Payments biggest...

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Business•16h

Fed’s Musalem says a rate hike is needed ‘soon’

By Michael S. Derby Oct 30 (Reuters) St. Louis Federal Reserve President Alberto Musalem said on Friday he sees an imminent need to raise interest rates to deal with ongoing high levels of inflation. I judge that additional firming of monetary policy will be necessary, and ‌soon, Musalem said in...

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Business•17h

How Spirit Halloween Went From One Small Store To 1,500 Locations!

Ever wonder what the story is besides those pop-up Spirit Halloween stores? It all started with a clothing store in California. Back in 1983, store owner Joseph Marver noticed a Halloween costume shop across the street was booming while his own business was slow. He packed away his regular...

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Business•17h

Michael Kors owner Capri soars after raising annual forecasts

By Koyena Das Oct 30 (Reuters) Capri Holdings shares jumped over 19% on Friday after the luxury group raised its annual revenue and profit forecasts and said ‌it expected sales to return to growth, helped by new collections and increased marketing. Capri has been working to revive demand at...

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Business•19h

Binance sets aside over $6.34 billion to cover losses from attack

Oct 30 (Reuters) Binance said on Friday it has ‌reserved more than $6.34 billion in company funds, including $5 ‌billion already ⁠held in ⁠impacted token assets, to deal with the fallout of an attack ⁠in which ⁠hackers stole $6.3 billion from the crypto platform. All user funds ‌will be...

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Business•20h

General Dynamics tops quarterly estimates on robust Gulfstream, marine bookings

Oct 30 (Reuters) General Dynamics on Friday beat Wall Street expectations for third-quarter profit and revenue on strong bookings in its Gulfstream business jet and shipbuilding units, sending the defense ‌contractor s shares up about 4% before the bell. The company recorded another strong quarter...

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Business•21h

AbbVie lifts profit forecast as immunology drugs continue to fuel growth

Oct 30 (Reuters) AbbVie raised its annual profit forecast after topping Wall Street expectations for the third quarter on Friday, as booming sales of newer immunology drugs made up for the decline in former top-selling treatment ‌Humira. AbbVie s immunology franchise, led by Skyrizi and Rinvoq, is...

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Business•23h

Fertilizer prices continue rising as farmers prepare for 2027 growing season

Fertilizer prices continued climbing in October, adding pressure to American farmers already struggling with tight profit margins and elevated production expenses. According to DTN s latest retail fertilizer survey, seven of eight major fertilizers increased in price compared with the previous...

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