Business and Economic News

Biden bans new offshore oil and gas drilling in most federal waters
President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, an effort to block possible action by the incoming Trump administration to expand offshore drilling.
How influencers are impacting journalism
NPR's Eric Deggans speaks to Summer Harlow of the Knight Center for Journalism in the Americas and V Spehar of UnderTheDeskNews about the role of influencers in journalism.
Xcel Energy customers to see higher bills in 2025
In December, the state Public Utilities Commission approved a 5.2 percent interim rate increase for Minnesota’s largest electric utility. That amounts to an extra $5.39 a month for a typical household.
Turo-rented cars were involved in 2 deadly incidents this New Year’s. Here’s what we know
Two deadly incidents on New Year’s Day — an attack being investigated as an act of terrorism in New Orleans and an explosion of a Tesla Cybertruck in Las Vegas — both involved vehicles that were rented on Turo, a peer-to-peer car sharing company.
Biden rejects Nippon Steel’s proposed deal to acquire U.S. Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. U.S. Steel employs hundreds of people at its taconite operations on Minnesota’s Iron Range.