Business and Economic News

GM, Samsung plan new EV battery cell factory in U.S.
General Motors and South Korea's Samsung SDI say they plan to invest more than $3 billion in building a new electric vehicle battery cell plant in the United States. 
Off-farm landowners share their families' stories of transition
Approximately half of Minnesota’s land area is used for agriculture. A large chunk of the state’s farmland — about 35 percent — is rented from owners who do not farm. We talked farmland transitions and the roles of heirs and renters in Minnesota farm country.
CNN announces it's parted ways with news anchor Don Lemon
Lemon, a 17-year veteran of the cable network, said he was “stunned” when his agent told him Monday morning that he had been terminated.
Fox's settlement with Dominion unlikely to cost it $787.5M
Fox Corp.’s hefty $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. 
Homeware giant Bed Bath & Beyond has filed for bankruptcy
The retailer, which also owns the BuyBuy Baby chain, has lost shoppers and money after a series of ineffective or mistimed turnaround attempts. It has also exhausted numerous financial lifelines.
BuzzFeed to close news division, cut 15 percent of all staff
Pulitzer Prize winning digital media company BuzzFeed will shut down its news division cuts another 15 percent of its staff across the company, adding to layoffs made earlier this year.