Business and Economic News

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.
Pulitzer Prizes in journalism awarded to The New York Times, The Washington Post, AP and others
The New York Times and The Washington Post were awarded three Pulitzer Prizes apiece on Monday for work in 2023 that dealt with everything from the war in Gaza to gun violence, and The Associated Press won in the feature photography category for coverage of global migration to the U.S. 
Duluth electric utility owner Allete sold for $6.2 billion
The parent company of Duluth-based utility Minnesota Power will go private after a $6.2 billion sale, which the company said was needed to help fund its green energy transition.
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U of M mulling highest tuition bump since 2010 for in-state students
Interim President Jeff Ettinger’s budget for the next fiscal year proposes to slap a 4.5 percent tuition hike on in-state undergraduate students studying at the Twin Cities campus. If approved by the Board of Regents, that would be the highest annual tuition increase for Minnesota residents since 2010.