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Business and Economic News

This is what happens when a wind farm comes to a coal town

This is what happens when a wind farm comes to a coal town

Keyser in West Virginia represents a national shift in American energy production. And in a town that was defined by coal for generations, change can be difficult.
by Michael Levitt, Tinbete Ermyas, Ari Shapiro and Kat Lonsdorf

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Kowalski’s Markets closing its grocery store in Eagan

Kowalski’s Markets closing its grocery store in Eagan

The Kowalski’s grocery store in Eagan opened in 2008. In a statement Friday announcing the closure, the company said that location has never been profitable.
by MPR News Staff

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City councils push recall of Kias and Hyundais as thefts still surge — will it make a difference?

City councils push recall of Kias and Hyundais as thefts still surge — will it make a difference?

The thefts of Kias and Hyundais have not slowed down since it became a problem during the pandemic. Minneapolis has passed a resolution calling for a recall, with St. Paul soon to follow.
by Cathy Wurzer and Aleesa Kuznetsov

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Xcel Energy sells land in Becker to Microsoft for data center

Xcel Energy sells land in Becker to Microsoft for data center

The tech giant bought about 295 acres in the city of Becker for about $17.7 million, according to public data from the Minnesota Department of Revenue.
by Kirsti Marohn

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Executive is convicted of insider trading related to medical device firm acquisition

Executive is convicted of insider trading related to medical device firm acquisition

Prosecutors say an executive at a medical device company has been convicted in Minnesota of insider trading for a scheme involving negotiations for the acquisition of the firm that was valued at $1.6 billion. 
by The Associated Press

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Capital One is acquiring Discover in a deal worth $35 billion

Capital One is acquiring Discover in a deal worth $35 billion

The companies are teaming up, in part, to expand their payment network. Discover is the smallest of the four U.S.-based payment networks, which also include Visa, American Express and Mastercard.
by Ayana Archie

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