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US stocks edge down from their record after oil prices climb 5%

National News

NEW YORK — The U.S. stock market edged down from its all-time high on Monday, while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again. The S&P 500 slipped 0.1% from its record set on Friday. The Dow Jones Industrial Average dipped 60 points, or 0.1%, and the Nasdaq composite fell 0.3%. Momentum slowed for stocks following a rally powered by soaring profits for big U.S. companies. Reports are on track to show earnings per share leaped 50% in the spring from a year earlier for companies in the S&P 500, according ...

Ghent Fire Department builds tanker truck

Local News

GHENT — Fire Chief Bill Maertens and his crew of 23 volunteer firefighters at the Ghent Fire Department saved nearly $200,000 by opting to research, buy parts, weld and paint the department's new tanker truck. Maertens said he’s been looking for an opportunity to work on a project like ...

Crime

News of Record

BALATON — Theft of a chainsaw, hedge trimmer, a battery and cash from a vehicle was reported at 1:39 p.m. Sunday on the 300 block of East Second Street, the Lyon County Sheriff’s Office said. BALATON — A 41-year-old man was cited for driving after revocation, and having an open cannabis package in a motor vehicle in a traffic stop at 1:11 a.m. Sunday at the intersection of Eastbay Avenue and U.S. Highway 14, the Lyon County Sheriff’s Office said. RUSSELL — A 26-year-old man was arrested for a probation violation at 7:08 p.m. Saturday on the 100 block of Hill Street, the ...

Bruce/College Dr. intersection reopens to traffic

Local News

MARSHALL — A major intersection in Marshall has reopened after street reconstruction – but the work at Bruce Street and East College Drive isn’t completely finished yet, representatives of R and G Construction said Friday. The intersection of Bruce Street and East College Drive reopened Friday morning, said Erika Coudron, of R and G construction. Work on the traffic light system at the intersection is still going on, so the intersection will be an all-way stop with stop signs, Coudron said. Drivers traveling through the intersection should watch for workers. College Drive will ...

Appeals court rules Trump can't build White House ballroom without congressional approval

National News

WASHINGTON — A divided federal appeals court ruled Friday that President Donald Trump's administration must stop construction of the $400 million White House ballroom because Congress has not approved the project, a decision he blasted as "unjust" while vowing to appeal it to the nation's highest court. Trump doesn't have the unilateral authority to build a 90,000-square-foot (8,400-square-meter) ballroom where the White House's East Wing stood before he ordered its demolition last fall, according to the decision by a three-judge panel from the U.S. Court of Appeals for the District ...