Business and Economic News

The U.S. needs more affordable housing – where to put it is a bigger battle
American suburbs mandated single-family homes generations ago, often to segregate areas by race and class. New laws allow more-affordable options like townhomes but construction so far has been slow.
Black farmers call for justice from the USDA
Decades after a major lawsuit against the USDA, Black farmers still face inequality. They say not all settlements from the case made it into their hands, which has exacerbated debt and other problems.
Super Bowl ads keep it light by using nostalgia and stars
Super Bowl ads are more than just breaks between gameplay during the biggest sporting event of the year: They offer a glimpse of the country’s zeitgeist, along with how major industries are faring.
Fairview and Sanford say they'll take two more months to finish merger
The two health systems proposing to combine say they will take more time after the University of Minnesota and state officials have pushed back on a previous target deadline of the end of March to finish the deal.
Racial equity funds spurred by murder of George Floyd bear fruit
After the police murder of George Floyd, foundations and corporations pledged millions to spur economic development in Black communities and rebuild Lake Street. This year, about $100 million-worth of projects funded by those initiatives will open or break ground, according to Star Tribune reporter Dee DePass.
Aldi's exit shakes north Minneapolis, widens worries over food insecurity
Many residents in north Minneapolis were stunned this week when Aldi announced its north side store will close Sunday. This comes as Walgreens announced it too would shutter a north side store, making it harder for residents to access affordable fresh food and other vital products.
North Carolina company drops plans for northeastern Minnesota wood mill
North Carolina-based Huber Engineered Woods is canceling plans for its proposed $440 million mill in Cohasset, Minn., after a state court earlier this week ruled the city needed to revisit its environmental review of the project. The project ran into opposition from the Leech Lake Band of Ojibwe, whose reservation is located about a mile from where the mill was proposed.
In St. Cloud, VP Harris promotes electric vehicles
Days after President Joe Biden’s State of the Union address, Vice President Kamala Harris was in St. Cloud to highlight the administration’s record on electric vehicles.
Southwest's COO will tell senators 'we messed up' over the holiday travel meltdown
NPR obtained Chief Operating Officer Andrew Watterson's prepared testimony for his scheduled appearance before a Senate committee to discuss what led to thousands of flights being canceled.