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Business and Economic News

Hope and a future a bike shop in Minneapolis

Hope and a future a bike shop in Minneapolis

Matt Tennant was working at a youth shelter when he discovered that kids were drawn to his bicycle. He began saving used bikes from dumpsters to repair and give to the kids he worked with. In 2008, he founded Full Cycle, which offers mentorship and training for youth who don’t have stable housing.
by Sheila Mulrooney Eldred

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How the U.S. got into this baby formula mess

How the U.S. got into this baby formula mess

Just a handful of formula makers dominate the industry so a single plant shutdown can lead to empty shelves.
by Scott Horsley

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How to avoid ‘bad actors’ in booming solar industry

How to avoid ‘bad actors’ in booming solar industry

Advocates of solar energy say there are plenty of reputable companies to choose from in Minnesota. Following some basic tips can help you avoid a scam.
by Kirsti Marohn

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Netflix lays off 150 employees amid subscriber decline

Netflix lays off 150 employees amid subscriber decline

The layoffs are the latest signal of a major shift within the streaming giant as it recently reported a decline in subscribers for the first time in a decade, as well as slowing revenue growth.
by Amina Kilpatrick

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Conspiracy theorists flock to bird flu, spreading falsehoods

Conspiracy theorists flock to bird flu, spreading falsehoods

While it doesn't pose a significant threat to humans, the outbreak is prompting a new wave of some of the same conspiracy theories that emerged from the COVID-19 pandemic.
by The Associated Press

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How the labor shortage is affecting seasonal work and teen summer jobs

How the labor shortage is affecting seasonal work and teen summer jobs

It’s a great time to look for a summer job. MPR News host Angela Davis talks about businesses scrambling for seasonal workers and how teenagers are finding more work in the tight labor market.
by Angela Davis and Maja Beckstrom

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The plot to keep meatpacking plants open during COVID-19

The plot to keep meatpacking plants open during COVID-19

Newly released documents reveal that the meatpacking industry’s callousness toward the health of its workers and its influence over the Trump administration were far greater than previously known.

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America's baby formula shortage: 8 key questions, answered

America's baby formula shortage: 8 key questions, answered

Supply chain issues and a major recall have parents struggling to consistently find baby formula. It’s a dire situation with serious impact. Hopefully, supplies increase soon. Until then, here’s what experts recommend.
by Grace Birnstengel

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4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down

Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.
by David Gura

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