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Business and Economic News

Toys R Us to open new flagship store at Mall of America

Toys R Us to open new flagship store at Mall of America

An iconic toy store chain that largely vanished from the retail landscape in recent years announced Monday that it’s planning to open a new flagship location at the Mall of America.
by MPR News Staff

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A manufacturer tried the 4-day workweek for 5 days' pay and won't go back

A manufacturer tried the 4-day workweek for 5 days' pay and won't go back

Of the hundreds of companies that have tried a four-day workweek, very few are manufacturers. Advanced RV in Willoughby, Ohio, is showing how it can be done.
by Andrea Hsu

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The 'R' word: Why this time might be an exception to a key recession rule

The 'R' word: Why this time might be an exception to a key recession rule

The author of the “Sahm Rule” is less worried about rising unemployment this time, even though October's rate was up 0.5 percent from a recent low, a jump typically associated with the onset of recession.
by Scott Horsley

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Twin Cities airport set for $242 million in interior renovations

Twin Cities airport set for $242 million in interior renovations

Leaders with the Metropolitan Airports Commission said MSP’s Terminal 1 will undergo renovations in its concourses and 75 gate areas — what officials are calling the largest interior renovation project for gates and concourses since the airport opened in 1962.
by Peter Cox and Kerem Yücel

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FDA approves Zepbound, a new obesity drug that will take on Wegovy

FDA approves Zepbound, a new obesity drug that will take on Wegovy

Eli Lilly said the obesity medicine, which helped adults in clinical studies lose about 20% of their body weight, will be available in the U.S. by the end of the year. The list price will be $1,060.
by Yuki Noguchi

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Emerging Farmers office pushes to expand diversity in farming

Emerging Farmers office pushes to expand diversity in farming

Lillian Otieno is the first director of the Minnesota Department of Agriculture’s Office of Emerging Farmers. She was a coordinator with the office and its sole employee before state lawmakers voted to expand it in May 2023.
by Cathy Wurzer and Alanna Elder

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