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Business and Economic News

Tax the rich? Liberals renew push for state wealth taxes

Tax the rich? Liberals renew push for state wealth taxes

Bills announced Thursday in Minnesota, California, New York, Illinois, Hawaii, Maryland, Washington and Connecticut vary in their approaches to hiking taxes, but all revolve around the idea that the richest Americans need to pay more.
by The Associated Press

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3M cutting about 2,500 manufacturing jobs globally

3M cutting about 2,500 manufacturing jobs globally

Maplewood-based 3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes. 
by The Associated Press

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As Sanford, Fairview look to push merger forward, questions about UMN’s role remain

As Sanford, Fairview look to push merger forward, questions about UMN’s role remain

The two health care companies have set a March 31 deadline to complete the merger. The U’s medical school dean says he wants the the university to be part of the deal but worries the deadline is too tight to resolve all of its concerns.
by Michelle Wiley

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Bill to extend benefits for laid-off mineworkers passes Minnesota House

Bill to extend benefits for laid-off mineworkers passes Minnesota House

A bill to extend unemployment benefits for more than 400 laid off mineworkers on the Iron Range is headed to Gov. Tim Walz for his expected signature, after it was overwhelmingly passed by the Minnesota House Monday.
by Dan Kraker

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Looking for Amazon alternatives for ethical shopping? Here are some ideas

Looking for Amazon alternatives for ethical shopping? Here are some ideas

Amazon ended its charity donation program, AmazonSmile, after a series of other cost-cutting measures. Many shoppers expressed disapproval on social media and have been searching for alternatives.
by Kaitlyn Radde

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'Going big': Walz to fill in rest of budget puzzle this week

'Going big': Walz to fill in rest of budget puzzle this week

As Gov. Tim Walz issues his complete budget proposal this week, he says he’s attempting to invigorate a state that has “lived on our laurels” of bygone days.
by Brian Bakst

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Minnesota businesses get creative amid worker shortage

Minnesota businesses get creative amid worker shortage

Minnesota businesses continue their struggle to fill job vacancies. And many have learned new ways of getting work done with fewer employees. The pandemic accelerated the trend toward robotics, flexible scheduling and more.
by Mark Zdechlik

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Why we have a debt ceiling, and why this trip to the brink may be different

Why we have a debt ceiling, and why this trip to the brink may be different

We have been here before. But this time the House's new Republican majority is largely driven by a faction that says it will hold the debt limit vote as a hostage to win policy changes.
by Ron Elving

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