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Business and Economic News

Target wrestles with pullback in spending and theft

Target wrestles with pullback in spending and theft

Target on Wednesday reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period.
by Associated

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China dominates the solar power industry. The EU wants to change that

China dominates the solar power industry. The EU wants to change that

Germany was a pioneer in the solar power industry, but succumbed to competition from China. Now, Germany — and the European Union — are trying to revitalize the industry once again.
by Rob Schmitz

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Taco John's trademarked 'Taco Tuesday' in 1989. Now Taco Bell is fighting it

Taco John's trademarked 'Taco Tuesday' in 1989. Now Taco Bell is fighting it

Taco John's has held the trademark for the phrase for over 30 years. But Taco Bell argues to the U.S. Patent and Trademark Office that it has become too common a phrase to belong to a single entity.
by Ayana Archie

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Paid sick and safe time sent to Walz for signature

Paid sick and safe time sent to Walz for signature

A paid sick and safe time benefit for Minnesota workers is included in a larger jobs bill passed by the Senate and the House Tuesday. Around 900,000 workers would be covered by the proposal.
by Dana Ferguson

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The IRS is building its own online tax filing system. Tax-prep companies aren't happy

The IRS is building its own online tax filing system. Tax-prep companies aren't happy

The IRS is working to develop its own free electronic tax-filing system in a potential challenge to commercial products such as TurboTax. The agency plans a pilot test of the program next year.
by Scott Horsley

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3M fires company executive for inappropriate conduct weeks after promotion

3M fires company executive for inappropriate conduct weeks after promotion

3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday.
by The Associated Press

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Almost all Minnesota workers may get paid time off for family and medical leave 

Almost all Minnesota workers may get paid time off for family and medical leave 

MPR News guest host Chris Farrell talked with a reporter and two experts about how the proposed state-run insurance program would work and how it could affect small businesses.
by Chris Farrell, Danelle Cloutier, Maja Beckstrom and Nicole Johnson

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What you need to know about the debt ceiling as the deadline looms

What you need to know about the debt ceiling as the deadline looms

What is the debt ceiling? What could happen if it's not raised? Here are answers to questions you may be asking about the debt limit and the fight over it.
by Kelsey Snell

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