Business and Economic News

How financial challenges are affecting Minnesota hospitals and patients
A new report warns that hospitals and clinics across Minnesota face a crisis that’s affecting patients. They’re dealing with rising costs, federal cuts and an increase in emergency care. Coming up at 9 a.m. on Monday, MPR News host Angela Davis and her guests talk about the challenges and possible solutions.
'Eat Street' celebrates planned reopening of uninterrupted Nicollet Avenue in Minneapolis
In the 1970s, Minneapolis city officials opted to break Nicollet Avenue into two sections in an attempt to spur development. Nearly 50 years and a burned down Kmart later, the street will reopen to traffic later this month.
Xcel natural gas customers will get refunds after paying higher temporary rates
The Minnesota Public Utilities Commission approved a 4.8 percent increase to Xcel Energy’s natural gas rates after it initially requested 8.2 percent. Customers will receive a refund after paying higher temporary rates.
3M to pay $7B to settle claims over ‘forever chemicals’ in firefighting foam
Maplewood-based 3M manufactured firefighting foam containing PFAS, which was used to extinguish fires and for training at airports and military bases across the U.S. The chemicals contaminated groundwater used for drinking.
Marathon selling Minnesota oil refinery in $4.2 billion deal
The refinery employs about 375 people and has a refining capacity of 105,000 barrels of oil a day, producing gas, propane, asphalt and other petroleum products.
Minnesota tree fort builder crafts imagination into reality
During the COVID-19 pandemic, Adam Rasmussen built a play structure for his son. He didn’t think it was the beginning of a full-time opportunity, until people started to bring their kids over. “They’re like, ‘You need to build this for other families!’ And I was like, ‘You know what? I could,’” he recalled.
Minnesota farmers speak on why these midterms are so tough
The past two years have been tough for farmers facing trade disruptions and rising costs. With the midterm elections approaching, MPR News asked farmers what’s on their minds as they head to the polls.