Business and Economic News

Nurses urge Fairview Health Services to reveal plans for cuts
Members of the Minnesota Nurses Association fear cuts to two downtown St. Paul hospitals could have implications across the state, as Fairview Health Services considers how to cut costs to deal with an $80 million net loss this year.
Ryan Companies closes on purchase of Ford Plant site
Ryan Companies will pay $61 million for the former Ford plant site in St. Paul, and said Thursday that work on a massive development will begin early next year.
State launches second investigation into Frontier Communications
The investigation will examine whether the company failed to tell customers about their service options, including allegations that the company added long-distance services without customers' knowledge.
On census, Facebook and Instagram to ban disinformation and false ads
Under pressure to prepare for 2020 census interference, Facebook says content misrepresenting who can participate and the data the government collects will be banned from its social media platforms.
Wisconsin governor: No tax credits for new Foxconn plant
Foxconn had originally promised to build a massive flat-screen factory in Mount Pleasant that would eventually employ 13,000 people. But the company said this spring that the factory will be smaller than originally planned.
Boeing is so big that its 737 Max production halt will slow the economy
The aircraft giant is the top U.S. exporter, and its decision to suspend production of the 737 Max is likely to ripple through the supply chain. Several analysts project that the move will cut growth.
Minnesota ramps up enforcement of new wage theft law
Since August, Minnesota has had one of the toughest laws against wage theft in the country. Now state agencies and the attorney general’s office are staffing up to enforce it.
A Minneapolis workers’ advocacy group has compiled several dozen stories from Latino immigrants who’ve alleged exploitation and other forms of wage theft while working on construction jobs. The report comes on the heels of Hennepin County’s first-ever prosecution of a labor-trafficking case, which ended in a guilty plea last month.