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Business and Economic News

Walz announces $100 million in COVID-19 housing aid

Walz announces $100 million in COVID-19 housing aid

The $100 million is the state’s single biggest designation of federal COVID-19 relief funds, along with $26 million previously designated for emergency homeless aid. 
by Kirsti Marohn

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3M developing paper-based coronavirus test that could give results in minutes

3M developing paper-based coronavirus test that could give results in minutes

Maplewood-based 3M says it is working with the Massachusetts Institute of Technology on a point-of-care test for the COVID-19 that could make diagnosing infections nearly as simple as a home pregnancy test.
by Tim Nelson

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Small businesses worldwide fight for survival amid pandemic

Small businesses worldwide fight for survival amid pandemic

As economies around the world reopen, legions of small businesses that help to define and sustain neighborhoods are struggling. Whether they can survive will have reverberations not just for the economy but for the communities where they serve as gathering places and provide key services.
by The Associated Press

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The customer is always right. Except when they won't wear a mask

The customer is always right. Except when they won't wear a mask

In the age of COVID-19, most people follow social-distancing and mask-wearing guidelines when they enter retail stores and restaurants. But then there are the nightmare customers who won't comply.
by Jim Zarroli

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Minnesota AG's office settles with Frontier Communications

Minnesota AG's office settles with Frontier Communications

Minnesota Attorney General Keith Ellison says his office has settled an investigation into possible deceptive practices in Frontier Communications' billing and sale of internet services. Frontier agreed to fully disclose its prices for internet service to new customers before they take service.
by The Associated Press

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Red ink overflowing: In June, U.S. borrowed a typical year's worth

Red ink overflowing: In June, U.S. borrowed a typical year's worth

The federal deficit is ballooning as the government tries to cushion the blow from the coronavirus pandemic. June's shortfall totals $864 billion — more than in an entire typical year.
by Scott Horsley

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