Business and Economic News

Trump uses interview on economics to promote tariffs and riff on his favorite themes
Donald Trump has seized on an opening to sound his frequent argument that imposing huge tariffs on foreign goods would amount to an economic elixir — one he claims would raise enormous sums for the government, protect U.S. firms from overseas competition and prod foreign companies to open factories in the United States. 
Walgreens will close 1,200 stores, hoping for a turnaround
Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail competition and lower prescription payouts.
Petroleum drilling technology is now making carbon-free power
A new technique for harvesting geothermal energy being pioneered in Utah has passed a significant milestone: Southern California Edison has contracted for enough of the energy to power 400,000 homes.
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.
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.
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.