Business News

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Lift Nutrition open for business

Jordan Beck | Daily Press Lift Nutrition co-owner Kevin Angsten, center, gets ready to do the honors at a ribbon-cutting ceremony for his newly-opened store at 1109 Ludington St. Standing next to him is Brittany Angsten, his wife and the store’s other co-owner. Members of the Ambassadors of ...

Mining group honors Eagle Mine

RENO, Nev. — The American Exploration & Mining Association (AEMA) honored two Midwestern mining companies at its 122nd Annual Meeting last week in Reno, Nevada. Minnesota based PolyMet Mining Inc. received AEMA’s Environmental Excellence Award for its responsible development of the ...

Focusing on seniors: Business owners follow the demographics

Joyce M. Rosenberg AP Business Writer NEW YORK (AP) — Some small business owners looking for customers are following the nation’s changing demographics — literally. They’re moving long distances to places like Florida, Arizona and California, expecting retiring baby boomers to ...

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Drowns have plans for Terrace

ESCANABA — A young, ambitious couple relocated to Escanaba over four years ago with dreams of growing their family and becoming entrepreneurs. The couple realize the great potential for the area, especially an area overlooking Little Bay de Noc, formally known as the Terrace Gardens Dance ...

Business After Hours is Wednesday

ESCANABA — Business After Hours will be held Wednesday, Dec. 14, from 5 to 7 p.m. at the William Bonifas Fine Arts Center. This month’s Business After Hours is sponsored by WLUC TV 6 and co-sponsored by William Bonifas Fine Arts Center. Attendees will be served a holiday buffet from ...

Noreus attends conference for advisors

ESCANABA — For the second time, Edward Jones Financial Advisor Margaret Noreus, of Escanaba, attended Barron’s Top Women Advisors Summit held in Palm Beach, Fla., on Nov. 30-Dec. 2. The conference gathers the nation’s top women financial advisors and leading industry decision-makers. ...

US 30-year average mortgage rate rises

WASHINGTON (AP) — Long-term U.S. mortgage rates marked a fifth week of surges in the aftermath of Donald Trump’s election win, reaching their highest levels this year. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan rose to 4.08 percent from 4.03 ...

US factories expanded for third straight month

WASHINGTON (AP) — American factories expanded for the third straight month in November, another good sign for the American economy. The Institute for Supply Management says its manufacturing index came in at 53.2 last month, up from 51.9 in October and highest since June. Anything over 50 ...

Small businesses can expect policy changes under Trump

Joyce M. RosenbergAP Business WriterNEW YORK (AP) - The election of Donald Trump as the next U.S. president has small business advocates expecting policy changes on issues like health care and the environment. But they're concerned about gridlock persisting even with a Republican president and ...

Credit unions host Financial Reality Fair

ESCANABA - Peninsula Federal Credit Union, Great Lakes First Federal Credit Union, Northern United Federal Credit Union, Delta County Credit Union, U.P. State Credit Union, Premier Real Estate, and Garceau Insurance Agency partnered with the Michigan Credit Union League (MCUL) to host a ...

Looming deadline as many small businesses prep for overtime rules

Joyce M. RosenbergAP Business WriterNEW YORK (AP) - Small business owners are rushing to get their companies - in particular their employees - ready for an upcoming change in overtime rules.With federal regulations that are expected to affect the paychecks of 4.2 million workers going into ...

Deming named mBank vice president

MANISTIQUE - mBank has announced the recent promotion of Ann Deming to vice president mortgage and consumer lending manager, located in Escanaba effective Nov. 4. The promotion follows the retirement of Jackie Menhennick.Deming has worked in the Upper Peninsula mortgage industry for over 27 ...

LaCrosse Joins Bellin Health Escanaba

GREEN BAY - Bellin Health Escanaba has added Dr. Justin LaCrosse to its healthcare team.LaCrosse, who is board-certified in Family Medicine, offers expertise in these areas, among others: Family Medicine for all ages, Wellness and Preventive Medicine, Minor in-office skin procedures, Joint ...

Peninsula Federal marks Credit Union Day

ESCANABA - On Oct. 20, Peninsula Federal Credit Union in Escanaba celebrated International Credit Union Day (ICU Day), and the foundational principles that make credit unions unique.To celebrate, all new memberships opened at Peninsula Federal Credit Union got their $5 membership deposit paid ...

Nardi named Baybank CEO, president

ESCANABA - The Board of Directors of Baybank have announced the appointment of Michael N. Nardi as Baybank's incoming president and chief executive officer. Nardi will succeed longtime Baybank President and CEO Don St. Germaine, who will retire at year end. With St. Germaine's retirement, Nardi ...

Upper Hand Brewery to expand distribution

ESCANABA - Upper Hand Brewery, located in Escanaba, announces it will begin distribution throughout Minnesota in early 2017.Minnesota will be the third state where the young brewery's beer will be available. Upper Hand's current distribution footprint includes the Upper Peninsula, where the ...

Johnson named chief operating officer

ESCANABA - Former Escanaba resident Craig Johnson, MBA, has been appointed chief operating officer at Northwestern University Feinberg School of Medicine.. Johnson is a 1995 graduate of Escanaba High School and the son of Dennis and Ellen Johnson of Escanaba."I am inspired and humbled by the ...

MRA: Shoppers catch their breath in July

LANSING - Michigan retailers were not immune from a national slowdown in sales during July, according to the Michigan Retail Index, a joint project of Michigan Retailers Association (MRA) and the Federal Reserve Bank of Chicago.Michigan retailers posted their weakest monthly performance of the ...

Yellen suggests rate hike is coming

WASHINGTON (AP) - Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. But she stopped short of offering any timetable.Yellen sketched a generally ...

Elmer’s starts online grocery shopping service

ESCANABA - The Ambassadors of Delta County recently joined some of the managers and staff of Elmer's County Market for the official grand opening and ribbon cutting of Elmer's Express. Elmer's Express is an online grocery shopping service powered by Rosie, an eCommerce grocery delivery company ...