Business and Economic News

Interest in off-roading, boating explodes during pandemic
People who make and sell motorized recreational equipment from boats to four-wheelers and other all-terrain vehicles say they’re having difficulty keeping up with demand. They say the pandemic-related desire for outdoor activities has fueled growing interest in what are called “power sports.”
Why remote work might not revolutionize where we work
Apple joins the ranks of tech firms freeing many employees from Silicon Valley offices. What this might mean for the geography of the American economy.
Billionaire Richard Branson reaches space in his own ship
Swashbuckling entrepreneur Richard Branson hurtled into space aboard his own winged rocket ship Sunday in his boldest adventure yet, beating out fellow billionaire Jeff Bezos.
Minnesota will get $50M in Purdue Pharma settlement
State Attorney General Keith Ellison said the settlement money, paid out over nine years, will be overseen by the state’s opioid epidemic response advisory council and will be used for addiction prevention, treatment and recovery.
Donald Trump sues Facebook, YouTube and Twitter for alleged censorship
The former president filed suit against three of the nation's biggest tech giants, alleging they wrongfully kicked him off their platforms after a mob of his supporters attacked the U.S. Capitol.
U.S. job openings remain at a historic high, giving job seekers options
The number of job openings in the U.S. topped 9 million in May, according to Labor Department. The number of people quitting their jobs eased slightly from April but remains high.
Iceland finds 'major success' moving to shorter workweek
The results of two trials in Iceland found that a 35- to 36-hour workweek resulted in similar or greater productivity and improved well-being among workers.