Shopko, which declared Chapter 11 bankruptcy Wednesday, won't be closing its area stores.
In its year-end report, U.S. Bancorp reported record net income of $7.1 billion on revenue of $22.6 billion during 2018. Fourth quarter net income was $1.8 billion. Full year net revenue grew 4.1 percent compared with the prior year.
Shopko has filed for chapter 11 bankruptcy protection. In a Wednesday statement, the company said it was filing “voluntary petitions for a court-supervised financial restructuring under Chapter 11 of the United States Bankruptcy Code.”
The final vessel of the shipping season departed the Port of Thunder Bay Sunday, capping off a busy end to another good year at the Lake Superior port.
The 2018 shipping season comes to an end this week, and all indications point to a banner year for shipments of Minnesota iron, the Iron Mining Association of Minnesota said Monday.
Long-time Duluth resident Lori Coda-Peterson announced the launch of Codavision, LLC, a coaching and consulting company aimed at helping clients realize their vision. The firm offers professional coaching, leadership development and sales training services.