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Business and Economic News

Facing competition from Big Tech, states dangle incentives and loosen laws to attract power plants

Facing competition from Big Tech, states dangle incentives and loosen laws to attract power plants

Facing spiking energy demand, U.S. states are pressing for ways to build new power plants faster as policymakers try to protect residents from higher electric bills and keep their economies on track.
by The Associated Press

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Lunds & Byerlys announces closure of downtown St. Paul grocery store

Lunds & Byerlys announces closure of downtown St. Paul grocery store

The store said it faced significant staffing and financial challenges during its five years in existence. It said the planned March 26 closure is a “difficult, yet necessary” decision.
by Regina Medina

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Egg inflation: Keys Cafe adds temporary surcharge

Egg inflation: Keys Cafe adds temporary surcharge

Keys Cafe and Bakery has announced it will be implementing a temporary surcharge of 50 cents per egg due to the fluctuation of egg costs.
by Nicole Ki

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‘Peoples’ livelihoods are on the line’ due to tariffs, Thunder Bay business leader says

‘Peoples’ livelihoods are on the line’ due to tariffs, Thunder Bay business leader says

Thunder Bay, Ontario, sits about 40 miles north of the eastern Minnesota border, and businesses there are grappling with how to respond to the tariffs and brace for the economic fallout.
by Cathy Wurzer and Gracie Stockton

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State grant gives Minnesota students the chops for meat processing

State grant gives Minnesota students the chops for meat processing

Applications are now open for the Meat Education and Training (MEAT) grant. In the first round of grants, the West Central Area School District was able to start up a program. Agriculture teacher Eric Sawatzke says he added a class due to high interest from students.
by Nina Moini and Aleesa Kuznetsov

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Trudeau expects a trade war between Canada and the U.S. for the 'foreseeable future'

Trudeau expects a trade war between Canada and the U.S. for the 'foreseeable future'

Canadian Prime Minister Justin Trudeau says he he expects Canada and the U.S. to be in a trade war for the foreseeable future after having what he called a colorful but constructive call with U.S. President Donald Trump this week.
by The Associated Press

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Trump changes course and delays some tariffs on Mexico and Canada

Trump changes course and delays some tariffs on Mexico and Canada

President Donald Trump on Thursday postponed 25 percent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war.
by The Associated Press

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