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Business and Economic News

Local governments struggle to distribute their share of billions from opioid settlements

Local governments struggle to distribute their share of billions from opioid settlements

Settlement money to help stem the decades-long opioid addiction and overdose epidemic is rolling out to small towns and big cities across the U.S., but advocates worry that chunks of it may be used in ways that don't make a dent in the crisis.
by The Associated Press

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Otter Tail County proposes restrictions on vacation home rentals

Otter Tail County proposes restrictions on vacation home rentals

Otter Tail County is considering a new ordinance designed to reduce noise and large gatherings at vacation home rentals. The proposed ordinance is in response to complaints from lake property owners.
by Dan Gunderson

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Target to reduce number of stores carrying Pride-themed merchandise after last year’s backlash

Target to reduce number of stores carrying Pride-themed merchandise after last year’s backlash

Target, which operates roughly 2,000 stores, said decisions about where to stock Pride-themed products, including adult apparel, home goods, foods and beverages would be based on “guest insights and consumer research.”
by The Associated Press

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Rideshare drivers find themselves at similar crossroads 1 year after Walz veto

Rideshare drivers find themselves at similar crossroads 1 year after Walz veto

Rideshare drivers have been pushing for urgent action on driver pay and job security protections for the last year and a half. Lawmakers and the governor are facing pressure to strike a statewide deal or risk losing Uber and Lyft service starting in July.
by Clay Masters

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Biden heads to Wisconsin to laud a new Microsoft facility, meet voters — and troll Trump

Biden heads to Wisconsin to laud a new Microsoft facility, meet voters — and troll Trump

President Joe Biden is racing into yet another battleground state. Biden on Wednesday is traveling to Racine, Wis., where he’ll highlight a decision by Microsoft to build a $3.3 billion data center that is expected to create roughly 2,000 jobs.
by The Associated Press

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Gov. Tim Walz signs ‘Taylor Swift bill’ into law, requiring more regulation in the ticketing industry

Gov. Tim Walz signs ‘Taylor Swift bill’ into law, requiring more regulation in the ticketing industry

The law requires ticket sellers to list the full price, including fees, up-front on their website. It also bans speculative ticketing, where tickets are sold before they are actually available. And it will prevent ticket companies and resellers from using deceptive practices.
by Ellie Roth

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Ahead of Tuesday address, Minneapolis mayor discusses housing and homelessness

Ahead of Tuesday address, Minneapolis mayor discusses housing and homelessness

Ahead of his State of the City address Tuesday, Minneapolis Mayor Jacob Frey spoke with MPR News host Tom Crann in a wide-ranging interview. On the agenda: a tough 2024 budget year, potentially steep property tax increases, homeless encampments and the city’s housing wins.
by Megan Burks and Tom Crann

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