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Business and Economic News

Under new management: The $1.5 billion sale of the Timberwolves and Lynx

Under new management: The $1.5 billion sale of the Timberwolves and Lynx

Glen Taylor sold the Minnesota Timberwolves and Minnesota Lynx to Alex Rodriguez and former Walmart chief executive Marc Lore for $1.5 billion. Guest host Chris Farrell explored the potential effects of the sale and the value of sports franchises to regional identity and the economy.
by Chris Farrell, Lindsay Guentzel and Alex Cheng

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The Greener Good series: How does business adapt?

The Greener Good series: How does business adapt?

You want your company to go green. You understand the science, and you support sustainability. But what’s the best strategy?

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Businesses seek improved indoor air quality for returning workers

Businesses seek improved indoor air quality for returning workers

Many businesses preparing to bring back workers post-pandemic are looking at ways to improve inside air quality. Pulling in as much fresh air as possible and robustly filtering it can help prevent the spread of disease, including COVID-19.
by Mark Zdechlik

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U.S. jobless claims fall again as some states end federal aid

U.S. jobless claims fall again as some states end federal aid

The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
by The Associated Press

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Why Ford unveiling an electric F-150 is a big deal

Why Ford unveiling an electric F-150 is a big deal

The auto industry is embracing the pivot toward electric vehicles. Will consumers hop on board? Ford is introducing an electric F-150 pickup, called Lightning, at a pivotal moment.
by Camila Domonoske

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Target's profit surges as Americans cast restrictions aside

Target's profit surges as Americans cast restrictions aside

Target's sales and profits surged in the first quarter as its customers, emerging from the pandemic, returned in big numbers for dresses, cosmetics and luggage.
by The Associated Press

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Black entrepreneurs sow seeds of healthier eating during pandemic gardening boom

Black entrepreneurs sow seeds of healthier eating during pandemic gardening boom

Denver-based rapper DJ Cavem Moetavation started pushing beats and beets by distributing free seeds. Black-owned companies like his are trying to encourage more people of color to grow their own food.
by Chandra Thomas Whitfield

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It's harder than ever to buy a house, and bidding wars keep breaking out

It's harder than ever to buy a house, and bidding wars keep breaking out

A record low supply of homes for sale and strong demand from buyers are sending home prices to record levels and frustrating homebuyers who keep getting outbid.
by Chris Arnold

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Post-pandemic life in the office: What will our workspaces look like?

Post-pandemic life in the office: What will our workspaces look like?

Guest host Chris Farrell examined how offices and coworking spaces have adapted throughout the pandemic and what work might look like when employees begin a return to the office.
by Chris Farrell, Lindsay Guentzel and Alex Cheng

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