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Business and Economic News

Billion-dollar dreams fuel surge in Powerball ticket sales

Billion-dollar dreams fuel surge in Powerball ticket sales

An estimated $1.4 billion Powerball jackpot is causing brisk sales in Minnesota and other places where the game is played.
by Brian Bakst

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The job market was stunningly strong in September

The job market was stunningly strong in September

Employers added 336,000 jobs in September, far more than expected. It's good news for people looking for work, but the strong labor market could complicate the Fed's fight against inflation.
by Scott Horsley

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Historic theater's reopening brings hope for downtown Little Falls

Historic theater's reopening brings hope for downtown Little Falls

Renovating the 90-year-old Falls Theatre is just the latest ambitious project Phil and Susy Prosapio have taken on to boost the city's downtown.
by Kirsti Marohn

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Owners of first of its kind bodega in Apple Valley didn’t give up on their dreams 

Owners of first of its kind bodega in Apple Valley didn’t give up on their dreams 

The owners of Bodega 42, who hail from Mexico and El Salvador, say the journey has been long and the work has been hard. The end result is a nearly 22,000-square foot marketplace which also includes a butcher, deli and restaurant that offers authentic tastes of Latin America. 
by Sarah Thamer

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Hormel workers announce tentative agreement

Hormel workers announce tentative agreement

Union workers in Austin joined with three other locals from around the country to bargain with Hormel. Workers will vote Monday on ratification.
by Euan Kerr

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Striking auto workers in Twin Cities area nearing two weeks on picket line

Striking auto workers in Twin Cities area nearing two weeks on picket line

Some 25,000 United Auto Workers members across the country remain on strike against the Big Three automakers. That includes workers at parts distribution facilities in the Twin Cities area — and Friday will mark two weeks since they started picketing.
by Mark Zdechlik

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Men took over a job fair intended for women and nonbinary tech workers

Men took over a job fair intended for women and nonbinary tech workers

The Grace Hopper Celebration was designed to celebrate and uplift workers who are traditionally underrepresented in the tech industry. This year, men showed up in droves.
by Emily Olson

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New technology uses good old-fashioned wind to power giant cargo vessels

New technology uses good old-fashioned wind to power giant cargo vessels

Cargo ships equipped with massive rigid sails called WindWings could save a substantial amount of fuel, considering how much of the world's goods are transported by sea.
by Scott Neuman

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