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Welcome to Upper Peninsula Business Today

UP Business Today

We are a monthly magazine that keeps the U.P. business community informed on regional business activity and trends. For over 20 years, we have featured stories of local professionals who are thriving in the U.P. economy. As we continue to be your trusted source of business news, we bring new sections to highlight the people and events that make the U.P. unique including 4Hire, On the Network and The Loop.

Keeping you, our business to business partner, Intrigued, Interested and Informed.

Mary Ann Heath

Current issue

Current Issue

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In This Issue

  • Manpower: Achieve Your Potential
  • BBB offers tips for Scan Protection
  • Retirement planning for small business owners
  • Sale of UPPCO complete
  • Shamco and Ponsse help the fight against cancer

Yahoo! Finance: Top Stories

Why stocks suddenly look as good as they have in years
Over the past week, the market has gone from panic to a powerful rebound. It's an open question whether investors will continue to feel that calm as the Fed brings QE3 bond purchases to an end.

Warren Buffett's bad week: $2.5B lost on two stocks
Warren Buffett is happy to admit his mistakes when he makes them-just don't remind him how much money he lost in the process.

U.S.-based stock funds post $5.8 bln outflows in latest week - ICI
Investors in U.S.-based mutual funds pulled $5.8 billion out of stock funds in the week ended Oct. 15, marking their biggest outflows since the week ended July 2, data from the Investment Company Institute ...

Slump in mortgage rates fails to rally home buyers
Mortgage rates dropped to their lowest level, causing an 11.6 percent jump in mortgage applications, according to the Mortgage Bankers Association.

Hedge Funds Take Another Hit as Spinoff Stocks Fizzle
Big bets on Hertz Global Holdings Inc. and eBay Inc. have soured after the companies announced plans to slim down. Similarly, Hewlett-Packard Co. and Symantec Corp. popped earlier this month on news of potential split-ups but quickly coughed up the gains. “It’s been brutal,” said one portfolio manager at a New York-based hedge fund. The spinoff slumps exacerbate a tough run for hedge funds, especially those that wager on corporate spinoffs, mergers and other shake-ups.

FedEx expects record peak volume of 22.6M packages on Dec. 15
Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the holidays left an estimated 2 million packages stranded on Christmas Eve, a problem that affected Atlanta-based United Parcel Service Inc far more than FedEx. "We're very proud of our performance last year when we faced the most challenging weather in our company's history," said Patrick Fitzgerald, vice president of integrated marketing and communications at FedEx.

Why you need to eye the S&P 500's 200-day moving averge
Brian Shannon of Alpha Trends says the 200-day moving average on the S&P 500 may hold the answer to what's next.

Daimler Expects $780 Million Gain on Sale of Tesla Motors Stake
The German automaker Daimler, which first took a stake in Tesla in 2009, said it would continue its joint development projects with the company, which makes electric cars.

Apple CEO discusses security with top Chinese official amid hacking claims
Apple Inc Chief Executive Tim Cook discussed user data security at a meeting on Wednesday with a top Chinese government official in Beijing, the official Xinhua news agency reported. The meeting comes days after a Chinese web monitoring group published a report saying Apple users in China have been targeted in a sophisticated and widespread attack by hackers seeking private user data stored on the iCloud service. The group, Greatfire.org, has alleged Chinese government involvement in the hack, a claim the government has strongly refuted. Apple has not issued any public statements on the matter.

Xerox revenue falls on lower printer sales
Xerox Inc reported a 2 percent fall in quarterly revenue, hurt by slowing demand in its printing business. Revenue from the printing business fell 6 percent to $2.02 billion in the third quarter ended ...