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Business and Economic News

2 Americans win Nobel prize in economics for auction theory

Americans Paul R. Milgrom and Robert B. Wilson won the Nobel Prize in economics on Monday for "improvements to auction theory and inventions of new auction formats."
by The Associated Press

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White House virus aid offer is panned by Pelosi, Senate GOP

White House virus aid offer is panned by Pelosi, Senate GOP

House Speaker Nancy Pelosi, D-Calif., rejected the most generous Trump administration plan to date as “one step forward, two steps back." The Republicans who control the Senate dismissed it as too expensive and a political loser for conservatives.
by The Associated Press

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Prompted by pandemic, digital markets connect small farms to consumers

Prompted by pandemic, digital markets connect small farms to consumers

The coronavirus pandemic is changing the way many small farms market their produce. One experiment in online marketing started slowly a couple of years ago, but this year it's boosted income for small farmers.
by Dan Gunderson

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Bonding bill drawn up, but Monday vote still not assured

Bonding bill drawn up, but Monday vote still not assured

Minnesota lawmakers could vote Monday during a special session on a $1.365 billion construction projects bill that requires a supermajority to pass.
by Brian Bakst

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Minnesota boss and Somali mediator explain how to make peace at work

Minnesota boss and Somali mediator explain how to make peace at work

In September, almost a dozen Somali workers complained about discrimination on the job. Business owner Tom Jacobson and mediator Cani Adan figured out how to get back to work. But first they had to talk—and listen.

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He's part of the 1%. And he thinks his taxes aren't high enough

He's part of the 1%. And he thinks his taxes aren't high enough

The tax code allows wealthy people who live off investment income to pay taxes at a much lower rate than average people who earn salaries.
by Jim Zarroli

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The Supreme Court and the future of the Affordable Care Act

The Supreme Court and the future of the Affordable Care Act

The Supreme Court will soon consider a lawsuit seeking to overturn the Affordable Care Act. What happens next?
by Kerri Miller

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How are Apple, Amazon, Facebook, Google monopolies? House report counts the ways

How are Apple, Amazon, Facebook, Google monopolies? House report counts the ways

House Democrats recommend Congress look at ways to force the companies to split off some of their businesses, saying the tech giants have exploited their power to benefit themselves and hurt rivals.
by Shannon Bond, Alina Selyukh and Bobby Allyn

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