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Business and Economic News

Minnesota unemployment ticked down in November amid job gain

Minnesota unemployment ticked down in November amid job gain

The Department of Employment and Economic Development on Thursday said the unemployment rate dropped slightly while new jobs in the state climbed in November.
by Dana Ferguson

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Rudy Giuliani files for bankruptcy a day after a judge orders him to pay $146 million

Rudy Giuliani files for bankruptcy a day after a judge orders him to pay $146 million

The bankruptcy filing follows a Wednesday court order that Giuliani, a former campaign attorney for Donald Trump, must immediately pay millions to two 2020 election workers that he defamed.
by Ayana Archie and Becky Sullivan

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Toyota recalls 1 million vehicles for defect that may prevent air bags from deploying

Toyota recalls 1 million vehicles for defect that may prevent air bags from deploying

Toyota said a defect could cause airbags not to deploy, increasing the risk of injury. The vehicles include Avalons, Camrys, Highlanders, RAV4s, Siennas and Corollas for model years 2020 to 2022.
by The Associated Press

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New 'Washington Post' CEO accused of Murdoch tabloid hacking cover-up

New 'Washington Post' CEO accused of Murdoch tabloid hacking cover-up

Lawyers for Prince Harry and Hugh Grant have alleged in court that “The Washington Post's” next CEO helped the Murdochs clean up after illegal phone-hacking incidents at their British tabloids.
by David Folkenflik

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Xfinity notifies customers of data breach linked to software vulnerability

Xfinity notifies customers of data breach linked to software vulnerability

Xfinity said there was unauthorized access to internal systems as a result of a vulnerability in software used by the company. Information, including usernames, hashed passwords and, for some customers, the last four digits of Social Security numbers as well as account security questions, was likely acquired.
by The Associated Press

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Court upholds air permit for proposed NewRange Copper Nickel mine

Court upholds air permit for proposed NewRange Copper Nickel mine

The Minnesota Court of Appeals Monday upheld a key air permit for the proposed mine formerly known as PolyMet, but several other key permits have either been revoked or sent back to state agencies for additional work.
by Dan Kraker

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‘I gotta do it now’: for some older adults, retirement means chasing a new ambition

Courtney Burton is running two businesses after retiring from her primary career, one of a growing number of older adults who are “second-act entrepreneurs.”
by Cathy Wurzer, Chris Farrell and Gretchen Brown

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