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FEATURED INDUSTRY NEWS2024 Minneapolis Innovation Awards Call For Entries Open, Electric Boat Category AddedThe Discover Boating® Minneapolis Boat Show, in partnership with Progressive® Insurance, is accepting entries to the 2024 Innovation Awards program. The Minneapolis Innovation Awards celebrate excellence and innovation in five product categories, including the new electric boat category: Read More Minnesota State Senator Rob Kupec Tours Brunswick’s New York Mills OperationLast week, Minnesota State Senator Rob Kupec (DFL Senate District 4) visited Brunswick Corporation’s New York Mills operation. The visit provided the senator with a comprehensive overview of Brunswick’s substantial manufacturing presence of Lund and Crestliner boats in Minnesota. Brunswick, and NMMA staff, highlighted the marine industry’s significant impact to the state’s economy, as well as the crucial challenges and potential solutions within our sector. Read More NMMA’s Kevin Williams Conducts Marketing Presentation At Malibu Boats’ National Dealer MeetingEarlier this week, NMMA’s Kevin Williams had the opportunity to speak at Malibu Boats’ National Dealer Meeting. Williams conducted multiple sessions titled, “Revitalizing Your Marketing Strategy,” to help educate dealers on Discover Boating’s new strategy rooted in deep research, and how they can leverage the brand’s marketing power to help grow their business. Read More LEADING ECONOMIC AND POLICY NEWSUS, EU Negotiating Terms To Extend Truce On Steel, Aluminum TradeBloomberg reports the US and EU are negotiating terms “to extend a truce on steel and aluminum trade to avoid the possible return of billions of dollars in tariffs on transatlantic commerce, as talks on a more lasting agreement this year have stalled.” The Biden Administration “has proposed prolonging the status quo until the end of 2025 – well clear of the US presidential elections in November next year – to hammer out a permanent deal. The EU wants a commitment to fixing what it argues is an imbalance in the current arrangement before agreeing to an extension, according to people familiar with the matter.” Major Stock Indices Close Lower, But Are Up About 2% For The WeekCNBC reports that the Dow Jones Industrial Average “closed lower on Thursday, although all three major indices notched weekly gains. The 30-stock index slid 46 points, or 0.13%, to close at 34,945.57.” The S&P 500 “added 0.12% to finish the session at 4,508.24, while the Nasdaq Composite climbed 0.07% to 14,113.67.” CNBC adds, “Even as November’s rally paused, stocks are well on their way toward winning weeks, with the three indexes up roughly 2% each for the period.” Previous Top Stories | |||||||||||
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