Business and Economic News

DNR: Elko New Market can pump more groundwater to supply bottled water plant
The DNR said its test results show the increase would not negatively affect aquifer levels or nearby lakes, rivers and streams. Elko New Market will be required to investigate and address any potential impacts on nearby private wells.
State agencies allowed pandemic cash to go to ineligible Minnesotans, Legislative Auditor finds 
The Minnesota Office of the Legislative Auditor says the Department of Labor and Industry did not comply with some state requirements for the Frontline Worker Pay Program leading to many ineligible individuals getting paid pandemic-era funds.
Environmental groups say state agencies too lax with polluters
A new coalition of environmental groups says four state agencies have allowed pollution from farms and industry by repeatedly failing to enforce environmental laws.
U.S. gas prices are falling. Experts point to mild demand at the pump ahead of summer travel
Gas prices are once again on the decline across the U.S. That's bringing some relief to drivers now paying a little less to fill up their tanks. The AAA motor club says the national average for gas prices on Monday stood around $3.44 a gallon.
Here’s how companies like Target may decide which prices to cut
Companies are responding to consumer frustration by lowering prices on thousands of items. An expert breaks down the pricing strategies they may use to determine what products make the cut.
Climate change linked to rising home insurance rates in Minnesota
Minnesota was the only state to see losses in the home insurance market in six of the last seven years, the New York Times reported. The losses correlate with increasing home damage from severe weather.
Financial advice for new grads in Minnesota
MPR News host Angela Davis talked with two financial experts about financial advice for students who are leaving high school or college and starting in their first jobs.
Nearly 6,000 Minnesotans applied for electric vehicle rebate
A state official says about one-third of those who successfully applied for an EV rebate have received a check. The vast majority of applications were for new vehicles.