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Business and Economic News

Restaurants, other businesses cautiously ready to let customers in

Restaurants, other businesses cautiously ready to let customers in

Restaurants and other businesses can open up to indoor service Wednesday for the first time since the coronavirus pandemic shut down much of the economy in March. Some say they’re keeping expectations modest, knowing many customers will be cautious about going out.
by Mark Zdechlik

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Much of stimulus aid sent to states hasn't gone where it's needed most

Much of stimulus aid sent to states hasn't gone where it's needed most

Much of the billions in federal aid that was sent to states to help with the pandemic's economic fallout didn't go where it was most needed, leaving some hard hit areas struggling with little support.
by Laura Sullivan

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It's official: Scorekeepers say U.S. economy is in a recession

It's official: Scorekeepers say U.S. economy is in a recession

The committee tasked with marking U.S. business cycles says the economy peaked in February, and has since been in a recession triggered by the pandemic. But it said the recession could be short-lived.
by Scott Horsley

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Northwest Angle first isolated by geography, now by COVID-19

Northwest Angle first isolated by geography, now by COVID-19

Minnesota’s resort industry is reopening, and hoping for a good season. But in the state’s most isolated community, where tourism is the only industry, resorts are still empty.  
by John Enger

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New York Times editorial page editor steps down amid controversy

New York Times editorial page editor steps down amid controversy

The resignation of James Bennet comes after the publication last week of a column by Arkansas Republican Sen. Tom Cotton, who called for federal troops to quell violent protests.
by Scott Neuman

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Walz tours devastated Minneapolis businesses

Walz tours devastated Minneapolis businesses

Gov. Tim Walz said as Minnesota communities devastated by rioting rebuild, all efforts must be made to bring them back to life in their own image. Walz and several other DFL politicians toured some of the hardest-hit areas of Minneapolis Friday morning.
by Mark Zdechlik

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Holy Land grocery CEO faces boycotts after daughter’s past racist posts resurface

Holy Land grocery CEO faces boycotts after daughter’s past racist posts resurface

In an interview with Sahan Journal, Majdi Wadi said he will hire a consultant to train employees against bias and examine any issues of racism at Holy Land. “I am ready to conduct an investigation,” he said. “I’m ready for any consequences.”

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