Business and Economic News

Walz says tax rebates will help with back to school shopping
The governor promoted rebates arriving in Minnesotan’s bank accounts this week as a back-to-school stimulus. And he responded to complaints from Republican leaders that the $260 rebates were much less than the DFLer promised last year on the campaign trail.
Lyft, Uber say they'll stop rideshares if Minneapolis passes ordinance
Rideshare companies Lyft and Uber are threatening to pull service out of Minneapolis if the city passes an ordinance Thursday that gives drivers more protections and higher pay.
Target sales ebb in Q2 and it cuts outlook for the year citing inflation and a culture war dustup
Target has reported weaker-than-expected sales for its the fiscal second quarter. The retailer's results were hit by headwinds including inflation and the widely publicized negative reaction by some customers to its Pride merchandise.
Frey outlines $1.8 billion budget for Minneapolis, says city is in 'state of transition'
Minneapolis Mayor Jacob Frey outlined on Tuesday his proposed $1.8 billion dollar budget for next year, which includes funding for projects in areas ranging from affordable housing to public safety and climate change. 
Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker
ndustrial conglomerate Esmark says it has made an all-cash bid to buy U.S. Steel that values the iconic steelmaker at $7.8 billion. That tops an earlier offer from rival Cleveland-Cliffs. 
Long before latest push to bring high tech to north Minneapolis there was Microtron
There’s a new push to bring high tech businesses and jobs to north Minneapolis. However, 35 years ago a pioneering Black business owner named Beck Horton — and his now defunct company Microtron — did just that.