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Business and Economic News

Amid avian flu outbreak, activists decry poultry-killing methods

Amid avian flu outbreak, activists decry poultry-killing methods

How to quickly destroy thousands of chickens or turkeys exposed to highly pathogenic avian influenza is an unpleasant problem. Here’s a closer look at how it’s done in Minnesota.
by Kirsti Marohn

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Tentative deal at Capitol on hero pay, unemployment fund

Tentative deal at Capitol on hero pay, unemployment fund

Legislative leaders said Thursday they have an agreement on two spending issues that they’ve been stuck on for months–bonuses for frontline pandemic workers and a fix for a depleted trust fund that will prevent tax increases for businesses. 
by Brian Bakst

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Why this economy may be sturdier than it looks

Why this economy may be sturdier than it looks

U.S. GDP growth likely slowed sharply in the first few months of the year, but the economy may be sturdier than it looks.
by Scott Horsley

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Rochester's Destination Medical Center plan moved ahead despite challenges

Rochester's Destination Medical Center plan moved ahead despite challenges

In spite of the pandemic, much-anticipated construction in the heart of Rochester is chugging along. But even as new spaces for restaurants, shops and other amenities are built as part of a yearslong transformation of the city, some remain conspicuously vacant.
by Catharine Richert

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Facebook shrugs off fears it's losing users

Facebook shrugs off fears it's losing users

More people used Facebook in the first quarter than analysts expected, easing concerns about competition from TikTok.
by Shannon Bond

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Hit with $7,146 for two hospital bills, a family sought health care in Mexico

Hit with $7,146 for two hospital bills, a family sought health care in Mexico

A dad's COVID-19 and a mom's fainting spell cost thousands, so when their son dislocated his shoulder, they drove him to Mexicali, where facilities rival those in the U.S., and had him treated for $5.
by Paula Andalo

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Minnesota's first Black-owned bank opens in Minneapolis

Minnesota's first Black-owned bank opens in Minneapolis

Detroit-based First Independence Bank opened the doors of its first expansion outside of Michigan, in a former Wells Fargo Bank branch near Highway 280 and University Avenue. It is being celebrated as the first time in Minnesota history a bank has had Black ownership.
by Tim Nelson

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Pro football investor pleads guilty in cryptocurrency scheme

A businessman who was one of the early investors in a failed professional football league called the Alliance of American Football has pleaded guilty to charges accusing him in $600 million cryptocurrency scheme.
by The Associated Press

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