Business and Economic News

Midwest manufacturers are feeling optimistic about 2025, despite a down year in 2024
A new survey from the Federal Reserve Bank of Minneapolis and the Minnesota Department of Employment and Economic Development shows that the regional manufacturing sector contracted in 2024. But survey respondents are optimistic about 2025.
Honeywell, one of the few remaining U.S. industrial conglomerates, will split into three companies
Honeywell plans to separate its automation and aerospace technologies businesses following similar actions by companies such as General Electric and Alcoa. The company was headquartered in Minneapolis for decades until a 1999 merger.
Why CBS stands at the epicenter of Trump's assault on the media
CBS News appears likely to settle a lawsuit brought by President Trump in a case that legal observers say it should win. The network is caught up in Trump's broader assault on the media and an owner intent on finalizing a sale.
Minnesota distillery alarmed by now-delayed Canadian tariffs, retaliatory measures
The Princeton-based company exports about 5 percent of its products, including vodkas, brandies and liqueurs, to Canada. There, the company’s Butter Ripple Schnapps is used in a drink named after American actor Burt Reynolds. 
A new type of bird flu has been found in dairy cows in Nevada
The strain of bird flu is distinct from what has previously been found in dairy cattle. The finding means the virus has again spilled over from birds to cows, and it raises some worrying questions.
Stauber reintroduces bill to reverse mining ban near Boundary Waters, return leases to Twin Metals
Northern Minnesota Republican Congressman Pete Stauber has reintroduced legislation to overturn a 20-year mining ban near the Boundary Waters Canoe Area Wilderness. If passed, the bill would also return mineral leases to Twin Metals, the company vying to build an underground copper mine near Ely.