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Business and Economic News

Minnesota budget surplus jumps another $820M in new estimate

Minnesota budget surplus jumps another $820M in new estimate

The state brought in more revenue from taxes and fees than forecast this spring and also spent slightly less than expected. The result: a surplus almost 50 percent larger than projected earlier this year, officials said Monday.
by Dana Ferguson

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Netflix plans to open brick and mortar locations

Netflix plans to open brick and mortar locations

The streamer plans to open physical stores — dubbed Netflix House — offering retail, dining and content-themed entertainment. It's unclear if they'll sell DVDs.
by Chloe Veltman

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Inflation has a new victim: Girl Scout cookies

Inflation has a new victim: Girl Scout cookies

Many Girl Scout councils are raising the price of their popular cookies from $5 to $6 a box. The increase offers Girl Scouts and their customers a bittersweet lesson in inflation.
by Scott Horsley

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76-year old pleads guilty to stealing 'Wizard of Oz' ruby red slippers

76-year old pleads guilty to stealing 'Wizard of Oz' ruby red slippers

Terry Jon Martin, who was charged with stealing a pair of ruby slippers worn by Judy Garland in the film “The Wizard of Oz,” changed his plea to guilty at the federal courthouse in Duluth on Friday morning.
by Dan Kraker

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America can't resist fast fashion. Shein, with all its issues, is tailored for it

America can't resist fast fashion. Shein, with all its issues, is tailored for it

With clothes cheaper than a latte, built for today's microtrends, Shein courts the same young women who launched the renaissance of thrifting and resale. Legal complaints about the company are many.
by Alina Selyukh

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Climate rules are coming for corporate America

Climate rules are coming for corporate America

U.S. regulators are finalizing rules that will make publicly traded companies disclose information about climate change. Other jurisdictions have been announcing similar requirements.
by Michael Copley

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Avian flu detected in Meeker County turkey flock

Avian flu detected in Meeker County turkey flock

It’s the first confirmed case of highly pathogenic avian influenza in Minnesota since last spring, and likely is connection to the fall migration of wild birds.
by Kirsti Marohn

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