Business and Economic News

Minneapolis City Council fails to override veto on labor standards board
The board would have been made up of equal numbers of representatives for employers, employees and community members and would have advised the council on labor policies. The council’s initial vote on the board had been by a 9 to 3 vote, but it could not get the eight votes needed to override the veto on Thursday.
Police release new photos as they search for the gunman who killed UnitedHealthcare CEO
Two law enforcement officials say a masked gunman who stalked and killed the leader of one of the largest U.S. health insurance companies on a Manhattan sidewalk used ammunition emblazoned with the words “deny,” “defend” and “depose." 
'Guardian' journalists strike to protest sale of sister paper 'Observer'
Nearly 500 journalists have walked out of the Guardian and its sister paper, the Observer, to protest what they see as a betrayal of the paper's values: the planned sale of the Observer to a startup.
Cargill to lay off about 475 employees in Minnesota, 8,000 worldwide
The Minnesota-based agricultural trading giant told employees Monday that it would be eliminating 5 percent of its staff in an effort to realign their talent and resources with their strategy.