Breaking News

Business

The US Housing Slump Deepened This Spring

LOS ANGELES (AP) — The housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for the summer and fall. Home shoppers came into 2024 with optimism that mortgage rates would ease further after a decline late last year. But those hopes faded as stronger-than-expected data on inflation and the economy clouded the timing of a possible rate cut by the Federal Reserve. By April, the average rate on a 30-year home loan moved above 7% for the first time since November. That, plus record-high home prices, forced many ...

CEO On Keeping America’s Oldest Flour Company In The Mix

As America’s oldest flour company, King Arthur Baking Co. has seen a lot. It opened in 1790, when George Washington was president. But little could have prepared it for the start of the coronavirus pandemic, when demand for King Arthur’s products jumped six-fold almost overnight. The company, based in Norwich, Vermont, scrambled to manage supply chains, ramp up production and to focus on in-demand items like bread flour. CEO Karen Colberg, who worked in marketing at Gap Inc. before joining King Arthur in 2005, says the company leaned into its strengths. King Arthur already had a ...

Improving Support

Richard Erickson was re-elected the chair of The Resource Center’s board of directors during the agency’s general membership meeting, held at TRC’s Michael J. Raymond Center on Jones and Gifford Avenue in Jamestown. Also elected as officers for the board’s 2024-25 term were Dr. Dawn ...

Triple E Manufacturing & Design Inc. Celebrates 40 Years

SHERMAN - On Tuesday, Triple E Manufacturing & Design Inc. will celebrate its 40th anniversary with a public open house, inviting the community to join in the festivities. The event will be held at Triple E Mfg and Design Inc. 117 Osborne St., Sherman, from 1 to 3 p.m., and offers an opportunity for attendees to learn about the company’s history and meet its founders, Pam and Dick Watrous, current owner Heather White and the team at Triple E Manufacturing and Design. Founded in 1984, Triple E Manufacturing & Design Inc. has grown into a leading manufacturer of high-quality equine ...

Documenting The History Of American Express As An in-House Historian

NEW YORK (AP) — Ira Galtman is part of a small community of corporate archivists. They are historians, cataloguers and documentarians for large companies. They keep track of how companies change their products over time, while also looking for ways for the company to harken back to its history. For nearly three decades, Galtman’s job has been to document how American Express went from a packing, shipping and express stagecoach company in New York in 1850, to the inventor of the traveler’s cheque in the 1890s to the credit card company it is today. He’s also popular on TikTok, ...