Business and Economic News

Minnesota lawmakers assert protections for public waters
Legislators passed language clarifying that a waterway that meets the legal definition is a public water, even if it’s not on a decades-old state inventory. Its passage followed a lengthy legal dispute over Limbo Creek, the last free-flowing stream in heavily-farmed Renville County.
Feel like the restaurant industry is failing? It may just be moving
The gut punch of losing a favorite dinner spot and the constant drum beat of restaurant closure news can make it feel like the industry isn’t doing well. But a new report suggests that might not be entirely true.
Norfolk Southern will pay $15 million fine as part of federal settlement over Ohio derailment
Residents were generally underwhelmed by the deal the Environmental Protection Agency and Justice Department announced Thursday, two days after a federal judge signed off on the railroad’s $600 million class action settlement with residents.
Remember last year’s Memorial Day travel jams? Chances are they will be much worse this year
Highways and airports are likely to be jammed in the coming days as Americans head out on and home from Memorial Day weekend getaways. AAA predicts this will be the busiest start-of-summer weekend in nearly 20 years.
Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
The Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an illegal monopoly over live events in America and driving up prices for fans.
Target sales decline to start the year, but it sees improvement
Target is reporting a decline in quarterly revenue as still-stubborn inflation cuts into shoppers’ spending. The Minneapolis retailer also delivered a muted profit outlook on Wednesday. But it said it expects it will get back to quarterly sales growth in the current quarter.
Feds charge 2 Minneapolis consultants in $1M COVID-19 fraud
A grand jury has indicted two Minneapolis business consultants on charges of defrauding government pandemic aid programs out of more than a million dollars.