Business

Local and national business news from the Traverse City Record-Eagle, northern Michigan's daily newspaper.

Local apples given to needy More than a million apples from Cherry Bay Orchards were donated to Hope and Encouragement for Humanity, a nonprofit organization based in Blissfield that will distribute the fruit to food pantries and other outlets throughout the U.S. and Mexico.....more>>

• Ethanol fuels hope, debate
  Could ethanol be the key to Michigan's renewable energy future? Ethanol has become more popular as a renewable energy source. It's promoted as an eco-friendly tool to reduce air pollution because it can be made from common crops such as sugar cane, potatoes and corn.

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  Forum: Groundwater program marks 15th year
  Michigan's nationally admired Groundwater Stewardship Program provides educational, financial and technical assistance to agricultural producers and residents to identify and reduce groundwater contamination risks. It encourages individuals to take voluntary, proactive steps to protect Michigan's water quality and therefore the drinking water.

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• Farm Focus In Brief: 11/07/2009
  Co-op marketing meeting Nov. 12; Leelanau annual meeting Nov. 17; Crop insurance deadline Nov. 20

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• Weather Vane: 11/07/2009
  Weather readings taken at the NW Michigan Horticultural Research Station

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  Fannie Mae offers rent option
  Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year.

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• Sara Lee 1Q profit, outlook up; sales fall
  Sara Lee Corp., with leaner operations and more profitable product line, reported that its first-quarter profit jumped 23 percent and raised its outlook for the year.

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• Meijer drops toy prices, enters retail war
  The Midwestern chain of Meijer stores has entered a toy-pricing war with national retail giants Wal-Mart and Target, dropping prices 30 percent on more than 400 toys.

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• The Record: 11/06/2009
  Assumed names filed in Grand Traverse County

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• Building Permits: 11/06/2009

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