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Business and Economic News

Bankrupt and loving it: Welcome to the lucrative world of undead brands

Bankrupt and loving it: Welcome to the lucrative world of undead brands

Remember Juicy Couture and Pier 1? They went under, but not all the way under. Someone still makes millions of dollars off these names. And the hunt for revivable brands is big business.
by Alina Selyukh

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What’s old is new again: Iconic Rochester sign gets a ‘glow-up’

What’s old is new again: Iconic Rochester sign gets a ‘glow-up’

For more than 50 years, the Kahler Grand Hotel’s neon red sign has lit up the sterile gray skyline of Mayo Clinic’s downtown Rochester campus. Now the iconic beacon is getting a “glow-up.”
by Catharine Richert

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Minnesota coalition gathers nearly $1B in pledges to help build wealth in Black communities

Minnesota coalition gathers nearly $1B in pledges to help build wealth in Black communities

The GroundBreak Coalition — which includes more than 40 corporate, civic and philanthropic organizations in Minnesota — announced Tuesday it’s received pledges of nearly $1 billion to help build wealth in Black communities.
by MPR News Staff

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Minnesota DNR gives Twin Metals green light to explore for minerals near Boundary Waters

Minnesota DNR gives Twin Metals green light to explore for minerals near Boundary Waters

Twin Metals, which has been blocked by the Biden administration in its efforts to build a $1.7 billion copper-nickel mine near Ely, Minn., now has the go-ahead to explore for minerals in the area owned by the state of Minnesota.
by Dan Kraker

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Southeast Minnesota struggles for common ground on nitrate pollution as health worries rise

Southeast Minnesota struggles for common ground on nitrate pollution as health worries rise

In a petition filed in April, environmental groups asked the U.S. Environmental Protection Agency to use its emergency powers under the federal Safe Drinking Water Act to intervene in what they call an “imminent and substantial endangerment to human health.”
by Kirsti Marohn

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Minnesota governor drops college-degree requirement for most state jobs

Minnesota governor drops college-degree requirement for most state jobs

Gov. Tim Walz said Monday that the state would no longer require four-year college degrees as a condition for 75 percent of state positions. He said the move could grow the eligible applicant pool.
by Dana Ferguson

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