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Top News & Analysis North Dakota

  • The Wall Street bank said on Tuesday it has selected Andrew Rowe to head its community banking customer segments team, effective September. John Haynes, a senior vice president for Freepoint Commodities, has left the trading firm for Citigroup's energy division, two sources familiar with the matter said on Monday. HSBC has hired former Goldman Sachs banker Rob...

  • June 13- Wells Fargo& Co paid its branch employees for the first time in May using new goals that focus on customer service, branch banking chief Mary Mack said at an investor conference on Tuesday. Wells Fargo's shares have rebounded from the sharp drop suffered in the wake of the sales scandal boosted by growth expectations after the election of U.S.

  • A small nonprofit health insurance plan in suburban Minneapolis provides health insurance to 700,000 people, Vox reports.

  • June 13- Wells Fargo& Co paid its branch employees for the first time in May using new sales goals that focus on customer service, branch banking chief Mary Mack said at an investor conference on Tuesday. Wells Fargo has lately accelerated branch closures, shuttering 80 in the fourth quarter of last year, Mack said. "In Manhattan you probably dont want to go further...

  • NEW YORK, June 12- Mike Mayo, a prominent bank analyst who became unemployed in February when his brokerage shut down, has a new job at Wells Fargo& Co.. "Mike's stature in the industry is well-recognized," Diane Schumaker-Krieg, global head of research, economics and strategy at Wells Fargo Securities, said in a statement. Matthew Burnell, who had covered bank stocks at...

  • NEW YORK, June 12- Mike Mayo, a prominent bank analyst who became unemployed in February when his brokerage shut down, has a new job at Wells Fargo& Co.. The San Francisco- based lender hired Mayo to make calls on large-cap bank stocks in its securities business, according to a statement released on Monday. "Mike's stature in the industry is well-recognized," Diane...

  • CHICAGO, June 8- U.S. spot corn futures hit their highest level in nearly a year on Thursday and Minneapolis spring wheat neared a two-year top on worries about hot and dry weather stressing crops in the northern Plains and Midwest, analysts said. As of 12:32 p.m. CDT, Chicago Board of Trade July corn futures were up 2 cents at $3.86-3/ 4 per bushel after reaching...

  • The Smoky Hills Wind Farm outside of Lincoln, Kansas.

    Some of the fastest progress on clean energy is occurring in states led by Republican governors and legislators, N.Y. Times reports.

  • LONDON, June 6- Activist investor Elliott Advisors suffered a setback when U.S. paint maker PPG walked away from bid target Akzo Nobel, but the New York- based hedge fund has plenty of other investments where it is seeking to exert its influence. Elliott, established in 1977 by Paul Elliott Singer, has a reputation for being one of the most vocal activist...

  • CHICAGO, June 5- U.S. spring wheat futures traded on the Minneapolis Grain Exchange closed higher on Monday for a fourth straight session on fears of hot, dry weather in the northern Plains, while corn and soybean futures ended fractionally higher. MGEX July spring wheat ended up 5-1/ 4 cents at $5.89 per bushel and Chicago Board of Trade July wheat settled...

  • *Congress to consider boosting tax credit this summer. Occidental Petroleum Corp and a few other oil producers with wells near this town on New Mexico's border with Texas steadily pumped low-cost oil through the downturn, using a technique that has been heralded worldwide as a way to reduce carbon emissions and boost oil output. This way of drilling brings with...

  • *Chicago wheat ends narrowly mixed. Minneapolis Grain Exchange July spring wheat settled up 5 cents at $5.83-3/ 4 per bushel after reaching $5.90, the highest spot price since mid-January. The spot contract has not traded above $5.90 since July 2015.

  • U.S. refineries processed 17.5 million barrels per day of crude in the week ending on May 26, according to the U.S. Energy Information Administration. Part of the explanation lies in the strength of exports, mostly to markets in Central America, South America and the Caribbean, where ageing and inefficient refineries have struggled to meet growing demand from...

  • June 1- U.S. federal energy regulatory commissioners said they were "troubled" that Ohio found signs of diesel fuel in drilling fluid samples near a spill that occurred during Energy Transfer Partners' construction of the Rover natural gas pipeline. The April spill occurred while drilling under the Tuscarawas River in Ohio and released about 2 million gallons...

  • June 1- Energy Transfer Partners has started shipping crude from the Dakota Access pipeline, which runs from western North Dakota to Patoka, Illinois, after months-long protests, the company announced on Thursday. The 1,172- mile pipeline will carry Bakken crude from North Dakota through the Midwest, which will then be transported through a connecting pipe to...

  • CHICAGO, June 1- Chicago Board of Trade soft red winter wheat futures and K.C. hard red winter futures dropped to two-week lows on Thursday as forecasts for dry conditions in key growing areas raised the prospect of a quick start to harvest for both crops. "I think the trade is ready to engage the idea that the seed is going to get in the ground," said Bill Gentry, a broker...

  • CHICAGO, June 1- Chicago Board of Trade soft red winter wheat futures and K.C. hard red winter futures dropped to two-week lows on Thursday as forecasts for dry conditions in key growing areas raised the prospect of a quick start to harvest for both crops. "I think the trade is ready to engage the idea that the seed is going to get in the ground," said Bill Gentry, a broker...

  • June 1- Longtime Wells Fargo& Co executive David Carroll will retire from his role as head of wealth and investment management next month, saying on Thursday he is leaving because he wants to pursue "another chapter in my life." Carroll's retirement is effective July 1, but he will remain with the company until July 31 to make sure the transition goes smoothly.

  • WASHINGTON, June 1- U.S. factory activity edged up in May after slowing for two straight months and private employers stepped up hiring, suggesting the economy is regaining speed after struggling at the start of the year. The Institute for Supply Management said its index of national factory activity ticked up to a reading of 54.9 last month from 54.8 in April.

  • Carroll, 60, will be replaced by Jonathan Weiss, 59, the current head of Wells Fargo Securities. Wells Fargo spokeswoman Kathleen Leary gave reason for Carroll's retirement other than that he was "ready for new challenges". Wells Fargo said it expects to announce Weiss' replacement before he transitions into his new role.