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Business and Economic News

Netflix will end its DVD-by-mail service

Netflix will end its DVD-by-mail service

The DVD service, which still delivers films and TV shows in the red-and-white envelopes that once served as Netflix's emblem, plans to mail its final discs on Sept. 29.
by The Associated Press

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Medtronic announces plans to reduce global workforce

Medtronic announces plans to reduce global workforce

Medtronic says it’s reducing its global workforce, with layoffs starting Tuesday, amid economic and supply chain headwinds. The company has more than 11,000 employees in Minnesota, and nearly 100,000 worldwide.
by MPR News Staff

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Black entrepreneurs say Minneapolis 'Wildest Dreams Expo' was bad for business

Black entrepreneurs say Minneapolis 'Wildest Dreams Expo' was bad for business

Dozens of business owners said the expo organized by the city of Minneapolis to celebrate and uplift Black entrepreneurship actually hurt them. They said the poorly attended event cost them money they couldn’t afford to lose, and according to city records, tens of thousands of dollars in contracts flowed to businesses based outside of Minnesota.
by Jon Collins

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Jailed U.S. reporter in Russian court to appeal detention

Jailed U.S. reporter in Russian court to appeal detention

Jailed American journalist Evan Gershkovich has appeared in a Moscow court to appeal his detention on spying charges. His detention is part of a sweeping Kremlin crackdown on dissent amid the war in Ukraine. 
by The Associated Press

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David's Bridal files for bankruptcy for the second time in 5 years

David's Bridal files for bankruptcy for the second time in 5 years

CEO James Marcum said the COVID-19 pandemic has greatly impacted its finances. During that time, the company was still spending on rent on its brick and mortar stores and factories were shut down.
by Ayana Archie

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Canada's public broadcaster pauses Twitter after 'government-funded media' label

Canada's public broadcaster pauses Twitter after 'government-funded media' label

The Canadian Broadcasting Corporation paused its use of Twitter after the social media platform stamped CBC's account with a label the public broadcaster says is intended to undermine its credibility.
by The Associated Press

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How to keep your information safe in wake of school cybersecurity attacks

How to keep your information safe in wake of school cybersecurity attacks

Learn everything you need to know about school cybersecurity attacks, what to do if your information has been compromised and how to keep your digital information safe.
by Angela Davis, Danelle Cloutier and Nicole Johnson

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Supreme Court looks at whether Medicare and Medicaid were overbilled under fraud law

Supreme Court looks at whether Medicare and Medicaid were overbilled under fraud law

Arguments on Tuesday center on a powerful tool for fighting fraud in government contracts and programs. The case examines whether major pharmacies knowingly overcharged Medicare and Medicaid.
by Nina Totenberg

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The $1.6 billion Dominion v. Fox News trial starts Monday. Catch up here

The $1.6 billion Dominion v. Fox News trial starts Monday. Catch up here

Dominion Voting Systems is suing Fox News and its parent company Fox Corp. for knowingly airing false claims that its machines rigged the 2020 election against ex-President Donald Trump.
by Mary Yang

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