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Business and Economic News

Minnesota’s summer tourism season struggled, new Fed survey shows

Minnesota’s summer tourism season struggled, new Fed survey shows

Minnesota’s tourism and hospitality industry had a rough summer, with about half of businesses reporting drops in customers and revenue, according to a new survey from the Minneapolis Fed.
by Dan Kraker

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How Russia’s RT went from a cable news clone to covert operator

How Russia’s RT went from a cable news clone to covert operator

RT was long known to be a source of Russian propaganda. But a recent indictment of two employees for covertly funneling $10 million to pro-Trump influencers shines a light on its covert activities.
by Shannon Bond

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How a catchy tune became the soundtrack to TikTok's silliest videos

How a catchy tune became the soundtrack to TikTok's silliest videos

The song "Monkeys Spinning Monkeys" was released ten years ago and has since become the soundtrack to millions of viral videos. Its story shows how music has shaped — and been shaped by— social media platforms.
by Deena Prichep

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U.S. to hand over pest inspections of Mexican avocados to Mexico

U.S. to hand over pest inspections of Mexican avocados to Mexico

Threats and violence against inspectors have caused the U.S. to suspend inspections in the past. California growers question if Mexico's inspectors would be better equipped to withstand the pressure.
by The Associated Press

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Southwest is changing how it boards planes, but don’t expect it to be faster

Southwest is changing how it boards planes, but don’t expect it to be faster

Southwest Airlines is expected to say more this week about its major change to assigned seats. It’s part of a larger shift across the industry to maximize revenue, even if it makes boarding slower.
by Joel Rose

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Boeing makes a 'final offer' to striking workers, but union says it's not good enough

Boeing makes a 'final offer' to striking workers, but union says it's not good enough

Boeing said Monday it made a “best and final offer” to striking machinists, but the workers' union said the proposal isn't good enough and there won't be a ratification vote before Boeing's deadline.
by The Associated Press

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Minnesota-based company Yelloh, once better known as Schwan’s, announces November closure

Minnesota-based company Yelloh, once better known as Schwan’s, announces November closure

Once the operator of the largest fleet of freezer trucks in the U.S., Yelloh announced Monday it will wrap up operations in November. Until recently it was known as Schwan’s Home Delivery, famed for its iconic yellow trucks.
by Hannah Yang

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Minnesota Power plans to build solar projects in Cohasset and Royalton

Minnesota Power plans to build solar projects in Cohasset and Royalton

A Minnesota Power official called them a “key milestone” in the Duluth-based utility’s shift away from producing electricity by burning coal toward cleaner sources of energy.
by Kirsti Marohn

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