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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

  • FRESH start for DeBacker Family Dairy
  • Power U.P.: Harvest Energy assists farmers
  • Aquila is back on the Back Forty Project
  • U.P. Food Exchange connects businesses, growers

Yahoo! Finance: Top Stories

Apple revenue lags Street's view despite strong China growth
Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market. It sold 35.2 million iPhones in the June quarter, a rise of about 13 percent that was in line with analysts' projections, helped by a strong performance in an Asian market considered crucial to Apple's longer-term growth prospects. Chief Executive Tim Cook told analysts on a conference call that Apple's Chinese performance was "honestly surprising." Unit iPhone sales iPhones jumped about 48 percent and Mac computer sales rose 39 percent in the June quarter, Chief Financial Officer Luca Maestri said in an interview. This month, Samsung Electronics Co Ltd estimated April-June operating profit far below most analysts' forecasts, as its Galaxy S5 sold more slowly than expected in the face of severe competition.   

Microsoft revenue rises, profit falls as Nokia absorbed
Microsoft Corp reported a greater-then-expected 17 percent jump in revenue on Tuesday, beating Wall Street expectations, but its profit fell 7 percent, chiefly due to the costs of incorporating the struggling handset business of Nokia. "These results are good enough for the Street and this is another step in the right direction," said Daniel Ives, an analyst at FBR Capital Markets. "Nokia was a bit worse than the Street was expecting but that is not totally surprising given the massive growth challenges that business faces in the field." Nokia, which Microsoft bought this year in an attempt to take on Apple Inc and Samsung directly in the fast-growing smartphone market, added almost $2 billion to Microsoft's quarterly revenue, but posted an operating loss of $692 million, which included some one-time costs.

Wall St. gains on earnings, data; conflicts still eyed
Investors continued to pay close attention to unstable regions abroad, and while violence persisted in the Gaza Strip, hopes rose for an easing of tension in Ukraine. Verizon Communications Inc rose 0.6 percent to $50.98 after the company reported revenue that topped expectations. Chipotle Mexican Grill was the S&P 500's biggest percentage gainer, up 11.8 percent at $659.77 a day after the burrito chain reported a steep jump in profit. Netflix Inc, one of the market's biggest trading favorites over the past few years, reported a quarterly profit that more than doubled on Monday after the market closed.

Why the economy may be worse off than you think
Since 2014 began, we’ve witnessed a steady drip of good economic news. Job growth has been somewhat strong, leading indicators have been trending higher and inflation has been tame. But could things be worse than we think?

Courts create Obamacare uncertainty: What it could mean for you
Two U.S. Appeals Courts issued opposing rulings on ObamaCare subsidies Tuesday -- one favoring them; the other opposing them. We talk with a founder of Health Sherpa, which registers people for Obamacare, about the potential impact of these divergent rulings.

The pizza joint that's crushing the competition
No matter how you slice it, Domino’s Pizza delivered some delicious earnings results topping Wall Street’s expectations. But is it too late to buy?

Argentines are preparing themselves for a lost year
Today a New York Judge will decide if Argentina...

Apple profit soars as iPad sales slump
Apple sales and profit soared last quarter despite a steep decline in demand for the iPad. The iPhone, Apple's flagship product, continued to gain significant traction. Apple sold 35.2 million iPhones ...

Judge uses pizza to explain why Obamacare subsidies are legal
Just hours after the Affordable Care Act was...

Three companies likely to choke this earnings season
We talk to USA Today Markets Reporter Matt Krantz about the four companies in the S&P 500 that have missed earnings expectations for the last four calendar quarters.