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Business and Economic News

Trump orders some U.S. coal plants to keep operating. Will Minnesotans foot part of the bill?

Trump orders some U.S. coal plants to keep operating. Will Minnesotans foot part of the bill?

Electricity customers in 15 Midwest states, including Minnesota, might bear the costs of continuing to operate a Michigan coal plant. A week before it was scheduled to shut down, the U.S. Department of Energy ordered it to keep running, citing a possible electricity shortage.
by Kirsti Marohn

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Target CEO reshapes his leadership team in first big move since taking over this month

Target CEO reshapes his leadership team in first big move since taking over this month

Target CEO Michael Fiddelke is reshuffling his leadership team and making other changes shortly after stepping into the top job at the retailer that has struggled operationally. Rick Gomez, the 23-year Target veteran who oversees the chain’s vast inventory of merchandise, will leave the company.
by The Associated Press

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Silicon Tundra? Tech startups eye testing autonomous vehicles in northern Minnesota

Silicon Tundra? Tech startups eye testing autonomous vehicles in northern Minnesota

Anno.Ai and Spear.Ai want to build infrastructure to allow companies to test technologies ranging from unmanned submarines in Lake Superior to autonomous vehicles navigating abandoned underground mines on the Iron Range. 
by Dan Kraker

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Minnesota's construction industry is feeling the impact of ICE

Minnesota's construction industry is feeling the impact of ICE

The construction industry is taking a hit from immigration enforcement activity in Minnesota. MPR News host Angela Davis talks about the impact of workers staying home, short-staffed subcontractors and how its affecting the building trades.
by Angela Davis, Chris Farrell and Maja Beckstrom

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Many Midwest farmers have mixed feelings about upcoming USDA payments

Many Midwest farmers have mixed feelings about upcoming USDA payments

Farmers across the country will receive a check at the end of the month to partly compensate for losses experienced last year. Soybean growers in Minnesota and North Dakota say the payments won’t be enough to make them whole.
by Tadeo Ruiz Sandoval

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Minnesota experiences third quarter drop in exports

Minnesota experiences third quarter drop in exports

Minnesota’s exports were down nearly 14 percent or $964 million in the third quarter of 2025 compared to a year prior. That's according to data released by the state Department of Employment and Economic Development or DEED.
by Mathew Holding Eagle III

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Investment fund announced for downtown St. Paul projects

Investment fund announced for downtown St. Paul projects

The fund will support projects like office-to-residential conversions and pedestrian-focused street improvements, among other goals.
by MPR News Staff

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