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Business and Economic News

Number of Latino farmers small, but growing

Number of Latino farmers small, but growing

According to the agricultural census, Minnesota is home to about 112,000 farmers. Of those, 650 identify as Hispanic or Latino. That number is growing.
by Vicki Adame

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Group offers recommendations for St. Paul rent stabilization

Group offers recommendations for St. Paul rent stabilization

The 41-member stakeholder group was made up of residents, real estate professionals and advocates for renters or affordable housing, among others.
by Jon Collins

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No retreat in the summer heat. Inflation blistering at 9.1% in June

No retreat in the summer heat. Inflation blistering at 9.1% in June

Record gasoline prices pushed inflation to a new, 40-year high last month. The Labor Department reported Wednesday that inflation hit 9.1 percent for the 12 months ending in June.
by Scott Horsley

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Minnesota man accused of falsely selling crops as organic

James Clayton Wolf was charged July 7 in federal court with felony wire fraud. Prosecutors say Wolf falsely labeled crops grown on his rural Cottonwood County farm as organic and that he defrauded grain buyers and undermined the nation’s organic labeling system.
by The Associated Press

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The successes and challenges of rebuilding on Minneapolis’ Lake Street

The successes and challenges of rebuilding on Minneapolis’ Lake Street

Two years ago, important business corridors in the Twin Cities were damaged by civil unrest that followed the police killing of George Floyd — most notably, Lake Street in Minneapolis. MPR News host Angela Davis talks with nonprofit leaders and business owners about the efforts to rebuild and revitalize businesses on Lake Street.
by Angela Davis and Samantha Matsumoto

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Over-the-counter birth control? Drugmaker seeks FDA approval

Over-the-counter birth control? Drugmaker seeks FDA approval

A drug company is seeking U.S. approval for the first birth control pill that women could buy without a prescription. The request from a French drugmaker on Monday sets up a high-stakes decision for the Food and Drug Administration amid the political fallout from the Supreme Court's recent decision overturning Roe v. Wade.
by The Associated Press

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A distillery is fighting invasive crabs by turning them into whiskey

A distillery is fighting invasive crabs by turning them into whiskey

Invasive green crabs are destroying marine ecosystems in the United States. A New Hampshire distillery is making crab-flavored whiskey to take them on.
by Kai McNamee

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Abbott reopens Michigan baby formula plant after flooding

Abbott reopens Michigan baby formula plant after flooding

Abbott's facility has now closed and reopened twice this year. The baby formula plant had previously closed in February because of bacterial contamination.
by Shauneen Miranda

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