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05/09/2008 Loss of contract could end jobs for about 350 people, but official says it’s too early to tell.
Fargo-based Noridian Administrative Services has been denied a $150 million, 5-year bid to provide Medicare administrative services in four states.
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05/09/2008 Denver-based Frontier Airlines returns to Fargo on Monday after a dozen-year absence. Officials say that means cheaper fares due to increased competition, which should lead to overall lower fares and more choices for flyers.
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05/09/2008 Congressional negotiators announced a final agreement on a $300 billion farm bill Thursday, as the White House and key conservatives continued to signal opposition to the legislation.
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05/09/2008 Imation Corp. plans to close its floppy diskette plant in Wahpeton by the end of the year, a few months sooner than expected, after a group of former employees have taken over some of its contracts.
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05/09/2008 Consumer electronics chain Best Buy Co. Inc. is establishing a foothold in the European market with a $2.1 billion investment in the continent’s largest cell phone retailer, allowing the American company to roll out its trademark big box stores in Europe, the companies said Thursday.
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05/08/2008 President Bush warns bill likely will be vetoed unless changes are made.
Negotiators on a five-year, $300 billion farm bill say they have reached a tentative agreement on the legislation and it will be considered by the House and Senate next week.
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05/08/2008 A Japanese trade team will be inspecting wheat breeding, production and marketing during a visit to North Dakota, the state Wheat Commission says.
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05/07/2008 MINNEAPOLIS – Medical device maker Medtronic Inc. is planning to trim its global work force by about 3 percent, cutting 1,100 jobs, during the current fiscal year.
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05/06/2008 ST. PAUL – Passenger air service in rural areas of the Upper Midwest would not be harmed by a Northwest-Delta airline merger, but high fuel prices could affect service, a Delta executive said.
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05/06/2008 LITTLE ROCK, Ark. – Wal-Mart Stores Inc., the world’s largest retailer, announced Monday it would expand its discounted prescription drug program to offer 90-day supplies for $10 and add several women’s medications at a discount.
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05/05/2008 A dozen years ago, Brad Stephenson couldn’t find work, so he opened a used bookstore in Wahpeton, N.D.
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05/05/2008 MINNEAPOLIS – The Star Tribune has hired a private equity firm to advise it, but disputed a published report that said it’s “on the brink of bankruptcy.”
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05/03/2008 Instrument repair proves good choice for Brudvig
Harvey Brudvig plays all of the musical instruments commonly used in school bands.
He has to. It’s his job to fix them, and he’s being doing it for 50 years.
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05/02/2008 Exxon Mobil Corp., the world’s largest publicly traded oil company, said Thursday record crude prices helped its net income grow 17 percent in the first quarter, but the results came in below Wall Street forecasts.
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05/02/2008 Lamb, wool group hopes teens will flock to program
A North Dakota group, hoping to bolster the next generation of shepherds, plans to give away sheep.
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05/02/2008 Sale of West Fargo store part of consolidation plan
The Kum & Go convenience store chain is selling two of its North Dakota locations.
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05/02/2008 Get rid of the federal gas tax – at least for the summer. Tax Big Oil to help the rest of us out. Get drilling in that Alaska refuge. Soaring gasoline prices are suddenly the nation’s No. 1 crisis, and all the presidential candidates are offering cures.
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05/02/2008 The Home Depot is closing 15 of its namesake stores, including one in Bismarck, affecting a total of 1,300 employees.
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Stocks decline as AIG reveals need for cash, oil surges
Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week.
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Gas jumps above $3.67, oil passes $126 on Venezuela concerns
Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump, following oil's recent path higher.
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March trade deficit drops by bigger-than-expected amount
The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. Analysts forecast that trade would continue to be one of the economy's few bright spots this year.
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