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Business and Economic News

Rupert Murdoch buys out 3 of his children to seal fate of his media empire

Rupert Murdoch buys out 3 of his children to seal fate of his media empire

The owner of Fox News, the Wall Street Journal and dozens of other media properties has settled a legal fight with three of his own children over who would control his companies after his death.
by David Folkenflik

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Minnesota Star Tribune to close Minneapolis printing facility

Minnesota Star Tribune to close Minneapolis printing facility

The Minnesota Star Tribune announced Monday that it will close its printing facility in Minneapolis later this year and outsource that work to a facility in Iowa. About 125 workers will lose their jobs.
by Andrew Krueger

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Postal traffic to U.S. sank 80% after Trump administration ended exemption on low-value parcels

Postal traffic to U.S. sank 80% after Trump administration ended exemption on low-value parcels

The U.S. on Aug. 29 eliminated an exemption that had allowed U.S.-bound parcels valued at $800 or less to avoid customs charges. The Universal Postal Union says 88 national postal operators have suspended some or all postal services to the U.S. as a result.
by The Associated Press

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South Korea charters plane to fly home over 300 workers detained by ICE at Georgia Hyundai plant

South Korea charters plane to fly home over 300 workers detained by ICE at Georgia Hyundai plant

On Sunday, South Korean officials said they would send a plane to bring the detained workers home. Earlier, South Korea's Foreign Minister said his nation was "deeply concerned" by the arrests.
by Debbie Elliott

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Fantasy or faith? One company's AI-generated Bible content stirs controversy

Fantasy or faith? One company's AI-generated Bible content stirs controversy

"The AI Bible is a way to really bring these stories to life in a way that people have never seen before. Think of if we were like, the Marvel Universe of faith," said one of the site's creators.
by Geoff Brumfiel

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Mayo Clinic researchers discover the human immune system’s ‘fountain of youth’

Mayo Clinic researchers discover the human immune system’s ‘fountain of youth’

Mayo Clinic researchers have discovered a “fountain of youth” in some older people’s immune systems; essentially the immune system of a teenager living in the body of a 75-year-old. The discovery could eventually help people stave off disease and have a better quality of life as they age.
by Molly Castle Work

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