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Business and Economic News

Dow falls another 1,100+ points; stocks now in correction territory

Dow falls another 1,100+ points; stocks now in correction territory

Stocks continued their downward slide on Thursday, with major indexes falling 10 percent below their recent peaks. Investors worry about the economic toll of a widening coronavirus epidemic.
by Scott Horsley

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Twin Cities janitors to strike for 24 hours starting Thursday afternoon

Twin Cities janitors to strike for 24 hours starting Thursday afternoon

Janitors and their supporters are planning to rally in downtown Minneapolis Thursday evening, calling for better wages, paid sick time and an environmentally friendly cleaning program.
by Jon Collins

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Citing climate commitments, UK court blocks new runway at Heathrow Airport

Citing climate commitments, UK court blocks new runway at Heathrow Airport

The Court of Appeal said the major international hub's plans for an additional runway failed to consider the government's pledges on carbon emissions. It's a big win for climate activists.
by Colin Dwyer

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Disney CEO Bob Iger steps down in surprise announcement

Disney CEO Bob Iger steps down in surprise announcement

Disney CEO Bob Iger is stepping down immediately. The surprise announcement Tuesday makes Iger executive chairman, a role he'll keep through the end of his contract at the end of 2021.
by The Associated Press

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'Momma on a mission' backs Walz's call for farm safety money

'Momma on a mission' backs Walz's call for farm safety money

Gov. Tim Walz has proposed more funding to reduce farm accidents by reimbursing farmers who retrofit their tractors and grain bins with safety equipment. He was joined at a news conference by Michele Gran, the mother of Landon Gran, who was 18 when he died in a grain bin accident last August.
by The Associated Press

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Some U.S. farmers boxed in by coronavirus outbreak

Some U.S. farmers boxed in by coronavirus outbreak

Fewer ships from China are docking in the U.S., which hurts U.S. farmers who send exports on the ships' return trips. And perishables that do make it sometimes rot on the docks in China.
by Anna King

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Dow tumbles more than 1,000 points on coronavirus fears

Dow tumbles more than 1,000 points on coronavirus fears

U.S. stocks fell sharply Monday as investors worried about a growing number of coronavirus infections outside China, and possible fallout for the global economy.
by Scott Horsley

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An Airbnb for farmland hits a snag, as farmers raise data privacy concerns

An Airbnb for farmland hits a snag, as farmers raise data privacy concerns

The internet startup Tillable wants to match farmers with farmland available for rent. The problem? Farmers already on that land fear their farm data is being used against them.
by Dan Charles

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