Business and Economic News

Minnesota food shelves saw nearly 9 million visits in 2024
The report shows food shelf visits increased by an average of 18.4 percent between 2023 and 2024 in Minnesota’s 87 counties last year. 
Minneapolis unveils draft plan for former Kmart site
Minneapolis city officials unveiled a draft framework Tuesday, which includes a mix of residential and commercial development as well as a public park.
Canada wants new oil pipelines to avoid Trump tariffs; nobody wants to build them
Canada sends 90 percent of oil exports to U.S. refiners. The Canadian government would have to play a significant role in any project to build new oil pipelines in Canada to overcome regulatory, financial and political hurdles and activist opposition, industry experts said.
Minnesota economy is resilient, even as federal job cuts create uncertainty
Minnesota doesn’t have as large of a federal workforce as some other states, but nationwide reductions in the federal workforce have unleashed an unsettling fog of uncertainty about the labor market and the local economy’s health.
Lengthy cleanup, outpouring of support for Minneapolis businesses affected by water main break
It’s been nearly two weeks since a broken water main in Minneapolis flooded a building housing several longtime small businesses. They’re still cleaning up and figuring out next steps, as friends, neighbors and customers show their support.
Joy Reid fired from MSNBC amid network shakeup
Reid is a longtime political commentator who has been vocal on progressive issues and sharply critical of President Trump.
Fabric and craft retailer Joann to go out of business and close all of its stores
Fabric and crafts retailer Joann Inc., which has been a destination for generations of quilters, knitters and other lovers of crafts for more than 80 years, is going out of business and shuttering all its stores.