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Business and Economic News

Negotiators report progress in coronavirus relief talks

Negotiators report progress in coronavirus relief talks

Lawmakers reported progress on a huge coronavirus relief bill Saturday, as political pressure mounts to restore an expired $600-per-week supplemental unemployment benefit and send funding to help schools reopen.
by The Associated Press

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End of federal $600 unemployment benefit leaves Minnesotans anxious

End of federal $600 unemployment benefit leaves Minnesotans anxious

Tens of thousands of Minnesotans who have lost their jobs due to the coronavirus pandemic have relied on an extra $600 weekly unemployment payment from the federal government to make ends meet. But that extra cash benefit expires Friday.
by Dan Kraker

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Big-money investors gear up for a trillion-dollar bet on farm land

Big-money investors gear up for a trillion-dollar bet on farm land

A trillion dollars worth of American farmland will change hands in the coming years. Wealthy investors are likely to buy more of it, with the power to shape rural communities and the environment.
by Dan Charles

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NW Minnesota's wet cycle persists, putting crops again in peril

NW Minnesota's wet cycle persists, putting crops again in peril

Minnesota’s northwest corner can’t catch a break from excessive rain. After a soggy last fall and spring flooding, heavy rains are damaging crops and roads.
by Dan Gunderson

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Minneapolis limits bar service as people crowd too close together in some establishments

Minneapolis limits bar service as people crowd too close together in some establishments

With COVID-19 cases on the rise in Minneapolis, Mayor Jacob Frey is imposing new restrictions on bars. The emergency order takes effect Saturday evening. It does not close the establishments entirely, but they’ll be table service only. Patrons will no longer be able to sit at the counter.
by Matt Sepic

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Heads of Amazon, Apple, Facebook and Google testify on Big Tech's power

Heads of Amazon, Apple, Facebook and Google testify on Big Tech's power

The CEOs tell Congress that the giant American tech companies do not stifle competition, saying the concern that too much power is concentrated in too few companies is unfounded.
by Bobby Allyn

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GOP's jobless benefit plan could mean delays, states warn

GOP's jobless benefit plan could mean delays, states warn

State officials across the U.S. say Senate Republicans' proposed slashing of a federally funded boost in unemployment benefits could delay payments for weeks or even months.
by The Associated Press

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Minnesota farmers anticipate strong harvest

Minnesota farmers anticipate strong harvest

The latest crop report shows more than 80 percent of corn and soybeans in the state are in good to excellent condition — a big jump from this time last year. MPR News host Cathy Wurzer checks in with a farmer in southwestern Minnesota about her crop and financial outlook.
by Cathy Wurzer

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