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Business and Economic News

Judge rebukes Fox attorneys ahead of defamation trial: 'Omission is a lie'

Judge rebukes Fox attorneys ahead of defamation trial: 'Omission is a lie'

Delaware Superior Court Judge Eric M. Davis says he will appoint an outside attorney to investigate whether Fox News attorneys withheld key evidence in weeks leading up to defamation trial.
by Karl Baker and David Folkenflik

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It cost $22 billion to rescue two failed banks. Now the question is who will pay

It cost $22 billion to rescue two failed banks. Now the question is who will pay

Regulators need to decide how to recover the cost of rescuing Silicon Valley Bank and Signature Bank – and community banks across the country are warning they should not be on the hook.
by David Gura

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‘It’s a struggle right now’: Nursing homes press Minnesota lawmakers for help

‘It’s a struggle right now’: Nursing homes press Minnesota lawmakers for help

The pandemic, inflation and the state’s broader workforce shortage have caused a unique strain for nursing homes around the state. And they say they need urgent financial help from the state to stay afloat.
by Dana Ferguson

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Business booming in NW Minnesota despite tight labor market

Business booming in NW Minnesota despite tight labor market

Northwestern Minnesota manufacturers are facing worker shortages due to remote locations, relatively small populations and long, cold winters. Successful businesses in this region, though, have figured out a formula to attract and retain employees.
by Chris Farrell

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NPR quits Twitter after being labeled as 'state-affiliated media'

NPR quits Twitter after being labeled as 'state-affiliated media'

NPR's official Twitter feeds have gone silent. The news organization cites the social media platform's decision to question NPR's editorial independence through a series of inaccurate labels.
by David Folkenflik

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Judge lectures Fox attorneys over dual roles for Rupert Murdoch

Judge lectures Fox attorneys over dual roles for Rupert Murdoch

A judge said Fox lawyers previously "represented to him more than once" that Murdoch was not an officer for the cable network. Such information "could have" led him to make different rulings, he said.
by Karl Baker

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Less than half say next vehicle is an EV: AP-NORC/EPIC poll

Less than half say next vehicle is an EV: AP-NORC/EPIC poll

A new poll shows that about 4 in 10 U.S. adults are at least somewhat likely to go electric when it comes time to buy a new vehicle. They say the main deterrents are high prices and too few charging stations.
by The Associated Press

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