Business and Economic News

Here's why concerns about an AI bubble are bigger than ever
Tech companies are pouring billions into AI chips and data centers. Increasingly, they are relying on debt and risky tactics. Financial analysts are worried there's a bubble that will soon pop.
Anglers on Mille Lacs can keep three walleye this winter
The DNR says the lake’s walleye are showing signs of recovery from 10-12 years ago, when a population decline caused the state to tighten fishing limits.
Minnesota’s grain indemnity fund faces first major test with large grain elevator failure
Hansen-Mueller Co., a nationwide grain merchandiser and processor, filed for bankruptcy. The company, based in Omaha, Neb., has grain elevator operations in Minnesota. It owes hundreds of millions of dollars to farmers nationwide.
Medica CEO explains absorbing UCare clients after company folds, answers Medicare questions
Minnetonka-based Medica is taking on former UCare clients. To talk about that transition, Medica CEO Lisa Erickson joined Cathy Wurzer on Morning Edition on Wednesday.
Quarterly profit slide at Target hints at a challenging holiday season for the retailer
Target’s third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation. The Minneapolis company said Wednesday that it expects its sales slump to extend through the critical holiday shopping season.