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Business and Economic News

Fairview, Sanford health care systems plan to merge

Fairview, Sanford health care systems plan to merge

The regional care giants say they are in discussions now and intend to combine next year. Public criticism in Minnesota scuttled a similar proposal in 2013.
by Andrew Krueger

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Walmart offers to pay $3.1 billion to settle opioid lawsuits

Walmart offers to pay $3.1 billion to settle opioid lawsuits

The retail giant become the latest major player in the drug industry to announce a plan to settle lawsuits filed by state and local governments over the toll of opioids sold at its pharmacies.
by The Associated Press

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It's the end of the boom times in tech, as layoffs keep mounting

It's the end of the boom times in tech, as layoffs keep mounting

Amazon will reportedly lay off 10,000 employees as soon as this week. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.
by Laurel Wamsley

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From science fiction to reality, 'no kill' meat may be coming soon

From science fiction to reality, 'no kill' meat may be coming soon

The meat of the future may be cultured directly from animal cells without slaughtering livestock. It's not yet sold in the U.S., but NPR got a tour of a leading start-up and a taste of their chicken.
by Allison Aubrey

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Farmers and immigrant advocates hold out hope for compromise in lame duck session

Farmers and immigrant advocates hold out hope for compromise in lame duck session

Big plans to overhaul the immigration system have stalled yet again. So farmers and other groups are looking to the lame duck session and hoping that more modest proposals can find bipartisan support.
by Joel Rose

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Elon Musk says Twitter bankruptcy is possible, but is that likely?

Elon Musk says Twitter bankruptcy is possible, but is that likely?

Twitter regularly loses money. But Elon Musk took on billions in debt to buy the company at a time when online advertising is slumping. Could bankruptcy be next?
by Bobby Allyn

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