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Business and Economic News

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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'It was just thrilling': 2 NPR founders remember the first days, 50 years ago

'It was just thrilling': 2 NPR founders remember the first days, 50 years ago

All Things Considered debuted on May 3, 1971. ATC creator Bill Siemering and former co-host (then production assistant) Susan Stamberg look back on the iconic first broadcast.
by Terry Gross

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Labor-backed report finds lax safety at St. Paul Park refinery

Labor-backed report finds lax safety at St. Paul Park refinery

A new report from a labor-backed group claims lax safety practices at the St. Paul Park refinery are putting plant workers and the surrounding community at risk.
by Elizabeth Shockman

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Did emergency PPP loans work? Nearly $800 billion later, we still don't know

Did emergency PPP loans work? Nearly $800 billion later, we still don't know

The Paycheck Protection Program, which provided emergency loans to small businesses amid the pandemic, will wind down soon. Economists are divided on whether it saved enough jobs to justify its cost.
by Scott Horsley

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Biden to establish $15-an-hour minimum wage for federal contractors

Biden to establish $15-an-hour minimum wage for federal contractors

The administration also plans to eliminate the tipped minimum wage for federal contractors by 2024, raising it to $15 from the current level of $7.65.
by Alana Wise

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