Business Beat 3.1.12 - KXNet - Bismarck/Minot/Williston/Dickinson

Business Beat 3.1.12

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  • Business Beat

  • Tuesday, November 13 2012 10:31 AM EST2012-11-13 15:31:46 GMT
    This spot of land just to the east of the newly opened LaQuinta Hotel near the YMCA in Minot will soon have a new strip mall built on it. The developers -- Dakota Commercial out of Grand Forks -- are not
    This spot of land just to the east of the newly opened LaQuinta Hotel near the YMCA in Minot will soon have a new strip mall built on it. The developers -- Dakota Commercial out of Grand Forks -- are not
  • Tuesday, November 13 2012 10:31 AM EST2012-11-13 15:31:37 GMT
    Magic City Harley Davidson has been in Minot for more than 10 years...and it now has new ownership. Bill and Brenda Houim took over the business early in September -- turning a hobby into a business venture.
    Magic City Harley Davidson has been in Minot for more than 10 years...and it now has new ownership. Bill and Brenda Houim took over the business early in September -- turning a hobby into a business venture.
  • Tuesday, November 13 2012 10:31 AM EST2012-11-13 15:31:31 GMT
    A firearms company that has been around for about three years has moved into a new location -- just outside of Surrey. Nodak Arms started a few years ago making ammunition...but that has developed into
    A firearms company that has been around for about three years has moved into a new location -- just outside of Surrey. Nodak Arms started a few years ago making ammunition...but that has developed into
  • Business

  • Growing expectations that the U.S. Federal Reserve will maintain its current policy stance gave stocks a boost Monday.
    Asian markets opened mostly lower Wednesday as investors waited for an update on the U.S. economy from the Federal Reserve and for some clarity from the Fed about its future course.
  • The House Judiciary Committee is preparing to vote on its first immigration bill this year, a tough enforcement measure giving state and local officials new powers to act against people here illegally.
    Sweeping immigration legislation moving toward a vote in the Senate would boost the economy and reduce federal deficits, the Congressional Budget Office said Tuesday, at the same time it would bestow legal status on an...
  • In some of the biggest protests since the end of Brazil's 1964-85 dictatorship, demonstrations have spread across this continent-sized country and united people from all walks of life behind frustrations over...
    About 50,000 protesters energetically returned to the streets of Brazil's biggest city Tuesday night, a demonstration of anger toward what they call a corrupt and inefficient government that has long ignored the demands...

The hotel boom will really kick into high gear in the Magic City in 2012 -- starting soon with the opening of the LaQuinta.  Officials with the Fargo company that is operating the facility say that it will open for business in about a month after final touches are finished -- and once that is done, another facility will start to rise near the YMCA...the Baymont.  75 rooms in three stories with an indoor pool...your typical hotel.  It is slated for a fall 2012 opening.  Minot's Baymont will be the only hotel that chain has in North Dakota.

And on highway 83 -- you've no doubt seen the massive tent structure that has been built just to the west of the old KXMC location.  That too is another hotel that is under construction.  You see an artist's rendition of what to expect, but no name.  We are told it will be the Astoria Hotel and it too will welcome guests later in 2012.

With Business Beat, I'm Perry Olson

  • Minot News

  • Tuesday, June 18 2013 5:23 PM EDT2013-06-18 21:23:55 GMT
    The flood of 2011 was devastating for the town of Burlington. But now, two years after the water started rushing over dikes and into a large part of the town, the effort to recover is hitting a new pace. Jim
    The flood of 2011 was devastating for the town of Burlington. But now, two years after the water started rushing over dikes and into a large part of the town, the effort to recover is hitting a new pace. Jim
  • Tuesday, June 18 2013 5:22 PM EDT2013-06-18 21:22:53 GMT
    Minot State University President Dr. David Fuller has been criticized in a performance evaluation by outgoing University System Chancellor Ham Shirvani. Shirvani recommends no pay raise for Fuller because
    Minot State University President Dr. David Fuller has been criticized in a performance evaluation by outgoing University System Chancellor Ham Shirvani. Shirvani recommends no pay raise for Fuller because
  • Tuesday, June 18 2013 5:20 PM EDT2013-06-18 21:20:15 GMT
    Frustrated residents of McLean County voiced their concerns over oil field waste being dumped near Underwood. Great River Energy is asking for a permit from McClean County to dispose of oil field waste. And
    Frustrated residents of McLean County voiced their concerns over oil field waste being dumped near Underwood. Great River Energy is asking for a permit from McClean County to dispose of oil field waste. And
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