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Business and Economic News

First ‘saltie’ arrives in Duluth, marking start of the 2024 shipping season

First ‘saltie’ arrives in Duluth, marking start of the 2024 shipping season

The first oceangoing vessel of the 2024 shipping season, the “Barbro G,” sailed into the port of Duluth-Superior just before noon Monday morning, marking the traditional opening of the Great Lakes shipping season in the Twin Ports.
by Dan Kraker

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Trump's social media stock tumbles, erasing early gains

Trump's social media stock tumbles, erasing early gains

Stock in the parent company of former president Donald Trump's social media platform sank on Monday, after the company reported losing $58 million last year. That erased last week's market gains.
by Scott Horsley

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Court gives final approval to 3M ‘forever chemicals’ settlement

Court gives final approval to 3M ‘forever chemicals’ settlement

A federal judge has approved 3M’s more-than-$10 billion settlement with drinking water suppliers over contamination from so-called “forever chemicals.” The settlement resolves class-action lawsuits.
by MPR News Staff

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St. Paul’s 1 percent sales tax bump has started. Here’s what’s changing first

St. Paul’s 1 percent sales tax bump has started. Here’s what’s changing first

The city of St. Paul’s new 1 percent sales tax increase began Monday, raising the total county, state and local sales tax to nearly 10 percent — the highest in Minnesota. As residents adjust to a cost bump on nonessentials, they can expect construction signs in the coming months, too.
by Cari Spencer

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