Business and Economic News

Xcel Energy proposes freezing electric rates for 2 years
In exchange, Xcel wants permission from state regulators to use federal tax credits from planned battery storage projects sooner than expected.
Minnesota lost jobs last month and real wages fell this year
Minnesota lost 4,600 jobs last month and the unemployment rate ticked up. Over the last year, wages stayed flat as inflation ate into workers’ purchasing power.
Summit Brewing avoids foreclosure, finds new lender
One of Minnesota’s largest brewers announced Thursday it has reached an agreement with it’s lender, BMO Bank, to avoid a potential foreclosure. The brewery CEO did not identify the new lender.
Rural Voice: Who owns Main Street?
When it comes to small towns, do local businesses still own Main Street? Or are corporate interests taking over? Kerri Miller took that question to Albert Lea for her Rural Voice town hall series.
Minnesota State approves plan to shift funding to struggling universities
Minnesota State officials said the funding shift is needed as a temporary solution while they work on a plan to realign the entire system of colleges and universities.
Minnesota company leads manufacturing of quartz countertops that California poised to ban
Regulators in California could soon ban the manufacturing of artificial stone used in trendy quartz countertops in response to a spike in lung disease among workers. The industry’s largest domestic manufacturer is based in Minnesota.
What Medicaid changes mean for Minnesotans
MPR News host Angela Davis and her guests talk about what federal changes to Medicaid mean for patients, providers and the healthcare system.