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Business and Economic News

Power Pair: ‘The Laundry Guy’ and the music critic

Power Pair: ‘The Laundry Guy’ and the music critic

MPR News host Angela Davis revisits a conversation with Pioneer Press pop music critic Ross Raihala and his partner Patric Richardson, author of “Laundry Love” and “House Love.”
by Angela Davis, Maja Beckstrom and Nikhil Kumaran

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Twenty years after first proposed, NewRange still vying to build Minnesota’s first copper mine

Twenty years after first proposed, NewRange still vying to build Minnesota’s first copper mine

Nearly 20 years after it was first proposed to state and federal regulators, the project formerly known as PolyMet Mining — now NewRange Copper Nickel — soldiers on, despite environmental groups’ contention that the project in its current form is dead.
by Dan Kraker

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Party City files for bankruptcy and plans to shutter nationwide

Party City files for bankruptcy and plans to shutter nationwide

Party City was once unmatched in its vast selection of affordable celebration goods. But over the years, competition stacked up at Walmart, Target, Spirit Halloween and especially Amazon.
by Juliana Kim

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Farmers are still reeling months after Hurricane Helene ravaged crops across the South

Farmers are still reeling months after Hurricane Helene ravaged crops across the South

Farmers in Georgia are still reeling more than two months after Hurricane Helene blew away cotton, destroyed ripened squash and cucumbers and uprooted pecan trees and timber. Agribusinesses in other Southern states saw costly damage as well. 
by The Associated Press

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November proves strong month for Minnesota job market despite slight unemployment uptick

November proves strong month for Minnesota job market despite slight unemployment uptick

Four supersectors gained jobs on a seasonally adjusted basis, led by strong gains in construction. That’s according to new monthly jobs numbers released by the Department of Employment and Economic Development.
by Clay Masters

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Arctic Cat to cease operations at Thief River Falls, St. Cloud plants

Arctic Cat to cease operations at Thief River Falls, St. Cloud plants

The iconic Minnesota maker of snowmobiles and other outdoor vehicles, says it will suspend manufacturing at its facilities in Thief River Falls and St. Cloud next year. A company spokesperson said the actions are difficult but necessary to reduce costs, due to challenging business conditions in the powersports industry.
by MPR News Staff

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