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Business and Economic News

Twitter CEO tweets about banning Trump from site

Twitter CEO tweets about banning Trump from site

Twitter kicked President Donald Trump off of its site following the insurrection at the U.S. Capitol. CEO Jack Dorsey said major corporations have too much power and pose a risk to a "free" internet.
by Jaclyn Diaz

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As children's museums reopen, will most families come back?

As children's museums reopen, will most families come back?

COVID-19 has upended how children's museums operate. The pandemic has forced many of them to temporarily close, including the state's largest children's museum in St. Paul. After a seven-week hiatus, however, the museum reopens Thursday.
by Riham Feshir

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FAA cracks down on unruly airline passengers ahead of Biden inauguration

FAA cracks down on unruly airline passengers ahead of Biden inauguration

After incidents of Trump supporters engaging in threatening and disruptive behavior on flights to and from Washington, D.C., last week, the Federal Aviation Administration has enacted a "zero tolerance" policy.
by David Schaper

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NYC to terminate Trump contracts after Capitol insurrection

NYC to terminate Trump contracts after Capitol insurrection

The Trump Organization is under city contract to operate the two ice rinks and a carousel in Central Park as well as a golf course in the Bronx. It is the latest example of how the Jan. 6 breach by violent Trump supporters is impacting the Republican president's business interests.
by The Associated Press

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Duluth's city-run Spirit Mountain ski area at financial crossroads

Duluth's city-run Spirit Mountain ski area at financial crossroads

Spirit Mountain is at a financial crossroads. Over the past few years, Duluth’s City Council has had to bail out the ski area twice in order to keep it afloat. Now a task force is coming up with recommendations for how to make the ski hill sustainable moving forward.
by Dan Kraker

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Target continues to thrive in whirlwind retail environment

Target continues to thrive in whirlwind retail environment

The Minneapolis company reported Wednesday that its online sales surged 102 percent for the November and December period. Sales at its stores opened for a least a year rose 4.2 percent. Customer traffic rose 4.3 percent and average amount of sales per customer rose 12.3 percent.
by The Associated Press

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Sheldon Adelson, conservative donor and casino titan, dies at 87

Sheldon Adelson, conservative donor and casino titan, dies at 87

Sheldon Adelson built a casino empire that stretched from Las Vegas to Singapore. His huge donations to conservative causes in the U.S. and Israel helped shape politics in both countries.
by Peter Overby

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What 1919 teaches us about pent-up demand

What 1919 teaches us about pent-up demand

A hundred years ago, a world war and a pandemic wreaked havoc on baseball and other industries. But pent-up demand helped them come roaring back.
by Greg Rosalsky

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Tech giants join corporate reckoning over political spending

Tech giants join corporate reckoning over political spending

Money-in-politics groups have welcomed this unusually widespread — and self-initiated — reckoning by corporations over their own role in contributing to the nation's current political state.
by Alina Selyukh

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