Breaking News

Business

Town & Country employees receive Impact Awards

Town & Country Credit Union employees Austin Deavy and Jennifer Jerauld have been recognized by the credit union as recipients of the 2021 Impact Award. Each year, at least two employees who were nominated by their peers for exemplifying the credit union’s mission of positively impacting their members, employees and communities are selected for awards. Deavy joined the credit union in 2017 and is assistant branch manager at Town Country’s West Fargo location. Deavy was nominated for his team spirit, servant leadership and commitment to excellent member service. “Positive ...

NAIFA elects new board of directors

The Board of Directors for the North Dakota chapter of the National Association of Insurance and Financial Advisors (NAIFA) has been announced. Lyle Kraft, Minot, Principal Financial Group of Minot, has been elected president; the new president-elect is Paul Siebert, State Farm Insurance, Minot; Kim Albert, Allstate Insurance of Minot, has been elected vice president. Other state officers elected include: Lindsey Vogel, Witthauer Financial Group of Jamestown, secretary-treasurer; Steven Walker, Gate City Insurance of Fargo, immediate past president; Jessica Westgard Larson, Principal ...

SRT names chief growth officer

Robin Anderson, a marketing and development professional with 22 years of telecommunications experience, has been named chief growth officer of SRT Communications. She joined SRT on Jan. 10. Anderson will lead the business strategy and develop new opportunities and partnerships for SRT. She will also leverage data tools to identify customer needs and ensure SRT continues to thrive in the cooperative environment. “Robin joins SRT at an ideal time, especially as we continue to build the fiber optic platform serving our members,” said Cassidy Hjelmstad, SRT CEO and general ...

Futures Files

Gas blasts 50% higher Of all the actively traded futures contracts, natural gas and diesel have exploded this year, with natty gas up nearly 50% in January alone! Diesel, virtually the same fuel as home heating oil, increased almost 20% in January. The price of crude oil is at the core of these rallies, which, like diesel, was up 20% last month and is up more than 50% year-over-year. Every aspect of our economy is dependent on energy prices. The threat Russia will invade Ukraine and Russia’s gas supply to Europe will be cut off is fueling the notable spike in natural gas. President ...

Minot city sales tax collections up 12%

Minot city sales tax collections were up 12% in 2021 over the previous year, according to information from the City of Minot. City records showed collections of $11.57 million per each of the two 1% sales taxes, up from $10.3 million in 2020 and the highest since 2015. Sales tax collections peaked at $13.6 million per penny in 2014. Minot’s sales tax goes to uses such as infrastructure, economic development, flood protection, the Northwest Area Water Supply project and property-tax relief. – J

Operation Intern accepts business applications

BISMARCK – The North Dakota Department of Commerce is accepting applications for the second round of Operation Intern. Operation Intern is a grant program designed to expand the number of internships with North Dakota employers. The program focuses on creating new internships within the state’s targeted industries: energy, advanced manufacturing, value-added agriculture, tourism, and technology-based businesses. Funding may also be granted for other in-demand occupations. Eligible employers may receive up to $20,000 per funding round or $40,000 per biennium. Employers are limited ...