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Business and Economic News

Combating the ag industry's history of discriminatory practices

Combating the ag industry's history of discriminatory practices

A lawsuit filed by a group of white farmers from the Midwest asks a federal court to declare a program that erases USDA loans for farmers from “socially disadvantaged groups” discriminatory and unconstitutional. But there's a long history of discrimination against women and people of color in agriculture — and the effects continue to impact the industry today.
by Dan Gunderson

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Flush with cash, Americans are buying everything from iPhones To Teslas

Flush with cash, Americans are buying everything from iPhones To Teslas

Personal income jumped by a record 21 percent last month, largely thanks to those $1,400 relief payments. The extra cash helped fuel a jump in spending that should continue in the months to come.
by Scott Horsley

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Climate change risks mounting for businesses

Climate change risks mounting for businesses

From litigation to financial and material loss due to extreme weather — the corporate world is managing mounting risks due to climate change.
by Paul Huttner

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State utility regulators dismiss calls for Line 3 investigation

State utility regulators dismiss calls for Line 3 investigation

The Minnesota Public Utilities Commission has unanimously rejected a complaint and request for an investigation from an environmental group that argued Enbridge Energy’s pipeline replacement project is no longer needed because of recent capacity increases the company has made to its pipeline system. 
by Dan Kraker

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White farmers sue seeking government loan forgiveness

White farmers sue seeking government loan forgiveness

A group of Midwestern farmers sued the federal government Thursday alleging they can't participate in a COVID-19 loan forgiveness program because they're white.
by The Associated Press

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Chauvin trial eases concerns of courtroom camera skeptics

Chauvin trial eases concerns of courtroom camera skeptics

Judge Peter Cahill is allowing the trial of ex-cops J. Alexander Kueng, Thomas Lane and Tou Thao to be televised. There were no major problems with the live broadcast of Derek Chauvin’s trial, the first time that a Minnesota criminal trial had been televised. The experiment won over many who opposed having cameras in the courtroom.
by Matt Sepic

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Get ready for a shortage of iPads and MacBooks

Get ready for a shortage of iPads and MacBooks

The global shortage of chips could hurt production of iPads and Macs, costing Apple $3 billion to $4 billion in revenue, in what is the latest example of a company being hit by supply constraints.
by Camila Domonoske

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State aid for Twin Cities businesses uncertain as end of session looms

State aid for Twin Cities businesses uncertain as end of session looms

Nearly a year after unrest that followed the death of George Floyd, businesses damaged in the violence are watching for signs of help from lawmakers in St. Paul. State Rep. Fue Lee, DFL-Minneapolis and chair of the bonding committee in the House, spoke with MPR News host Cathy Wurzer.
by Cathy Wurzer and Tim Nelson

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