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Business and Economic News

Inside the TikTok documents: Stripping teens and boosting ‘attractive’ people

Inside the TikTok documents: Stripping teens and boosting ‘attractive’ people

A trove of secret documents show teens’ increasingly reliant on TikTok and how executives were acutely aware of the potential harm the app can cause young people, but appeared unconcerned.
by Bobby Allyn, Sylvia Goodman and Dara Kerr

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7-Eleven to close over 400 stores in North America

7-Eleven to close over 400 stores in North America

The ubiquitous convenience store owed its recent revenue drops to inflation, declining cigarette sales and a shift in palates toward fresh food and specialty drinks.
by Emma Bowman

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Yes, that is the scent of manure in the Twin Cities

Yes, that is the scent of manure in the Twin Cities

You aren’t imagining things if you’re in the Twin Cities and catch a whiff of what smells like manure. That scent is coming from farms in the southern parts of the state.
by Jacob Aloi

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Hastings to receive 3M settlement money to treat 'forever chemicals'

Hastings to receive 3M settlement money to treat 'forever chemicals'

The Minnesota Pollution Control Agency announced it's linked PFAS contamination in one of Hastings’ wells to 3M's Cottage Grove facility. City officials say the money will help, but won’t cover the full $70 million to build three new treatment plants.
by Kirsti Marohn

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Beyond books: How a public library in Ohio’s Rust Belt is spurring economic growth

Beyond books: How a public library in Ohio’s Rust Belt is spurring economic growth

The public library in Toledo, Ohio, is one of a number across the U.S. that have become entrepreneurial hubs. Business-specialist librarians are helping aspiring small-business owners and nonprofits for free.
by Andrea Hsu

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Minnesota-based magnetics company scales up greener options

Minnesota-based magnetics company scales up greener options

Minnesota-based Niron Magnetics who makes magnets without rare-earth elements has opened a commercial pilot plant in Minneapolis.  
by Anika Besst

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Longtime resort owner Bruce Kerfoot dies, ‘legend‘ of the Gunflint Trail

Longtime resort owner Bruce Kerfoot dies, ‘legend‘ of the Gunflint Trail

In a post on social media, Kerfoot’s family said he died in his sleep Wednesday night. “The family has some peace knowing he and Justine are paddling together to their shore lunch spot,” they wrote.
by Dan Kraker

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U.S. inflation reaches lowest point since February 2021, though some price pressures remain

U.S. inflation reaches lowest point since February 2021, though some price pressures remain

Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
by The Associated Press

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Tesla is expected to unveil a robotaxi tonight: 5 things to know

Tesla is expected to unveil a robotaxi tonight: 5 things to know

On Thursday night, Tesla is holding a splashy event it’s calling “We, Robot.” CEO Elon Musk says fully autonomous vehicles are key to Tesla’s future, and for years he has promised they are coming.
by Camila Domonoske

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