Business and Economic News

January 23, 2024 9:33 PM

eBay to lay off 1,000 workers as tech job losses continue in the new year

The e-commerce company is the latest in a wave of tech firms that have slashed thousands of jobs in just the first four weeks of the year.

by Bobby Allyn

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January 23, 2024 11:18 AM

The FTC bars TurboTax maker Intuit from advertising 'deceptive' free services

Regulators say the company advertised "free" tax filing products and services that many Americans were ineligible for. Intuit called the opinion "deeply flawed."

by Joe Hernandez

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January 23, 2024 10:30 AM

Just 1 in 10 workers in the U.S. belonged to labor unions in 2023, a record low

In 2023, labor unions added 139,000 members, but the share of the workforce that's unionized declined from the year before due to even faster growth in nonunion jobs.

by Andrea Hsu

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January 22, 2024 10:28 PM

TikTok cuts jobs as tech layoffs continue to mount

The wildly popular video-sharing app is the latest technology firm to reduce staff in response to what executives say are ongoing business challenges.

by Bobby Allyn

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January 20, 2024 6:27 AM

As Houthi attacks on ships escalate, experts look to COVID supply chain lessons

Shipping experts hope lessons learned during the COVID-19 pandemic, the Suez Canal disruption in 2021 and Somali pirate attacks more than a decade ago will mitigate widespread problems this time.

by Scott Neuman

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January 19, 2024 2:20 PM

2023 was the worst year to buy a house since the 1990s. But there's hope for 2024

Realtors hope it will be easier to buy a house in 2024. It can’t get much harder: Last year was one of the slowest on record thanks to high mortgage rates coupled with a housing shortage.

by Chris Arnold

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January 19, 2024 1:51 PM

Human rights agency accuses Brainerd company of failing to stop supervisor's harassment

The lawsuit claims the company failed to stop a supervisor from using his position of power to repeatedly sexually harass and assault two employees starting in 2020, including unwelcome sexual advances, unwanted touching and offensive comments.

by Kirsti Marohn

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January 19, 2024 12:30 PM

What's up with all the business closings on St. Paul's Grand Avenue? City council member weighs in

The St. Paul restaurant that claims to serve the most walleye in the world is calling it quits. The family who has owns Tavern on Grand on St. Paul’s Grand Avenue is closing the decades-old landmark in early June.

by Cathy Wurzer and Gracie Stockton

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January 19, 2024 5:00 AM

A rising tide of infrastructure funding floats new hope for Great Lakes shipping

Trains and trucks move the bulk of goods across the U.S. Some sailors say the Great Lakes waterways are underused shipping options and hope $17 billion of federal investment can help revitalize them.

by Julian Hayda

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January 18, 2024 3:46 PM

Planned Parenthood North Central States workers ratify their first contract

Planned Parenthood North Central States workers ratified their first contract this week, over a year and 37 bargaining sessions since employees unionized.

by Estelle Timar-Wilcox

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Business and Economic News

eBay to lay off 1,000 workers as tech job losses continue in the new year

The FTC bars TurboTax maker Intuit from advertising 'deceptive' free services

Just 1 in 10 workers in the U.S. belonged to labor unions in 2023, a record low

TikTok cuts jobs as tech layoffs continue to mount

As Houthi attacks on ships escalate, experts look to COVID supply chain lessons

2023 was the worst year to buy a house since the 1990s. But there's hope for 2024

Human rights agency accuses Brainerd company of failing to stop supervisor's harassment

What's up with all the business closings on St. Paul's Grand Avenue? City council member weighs in

A rising tide of infrastructure funding floats new hope for Great Lakes shipping

Planned Parenthood North Central States workers ratify their first contract

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