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Business and Economic News

Unskilled jobs draw migrants, changing face of small towns across America

Unskilled jobs draw migrants, changing face of small towns across America

A meatpacking town in the Texas Panhandle is a magnet for immigrants who will do unpopular jobs. The once all-white county has adjusted to its more diverse population.
by John Burnett

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Krispy Kreme orders student to halt doughnut resale service

Krispy Kreme orders student to halt doughnut resale service

An enterprising Minnesota college student who drove to Iowa every weekend to buy hundreds of Krispy Kreme doughnuts that he then sold to his own customers in the Twin Cities area has been warned by the confectionary giant to stop.
by The Associated Press

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McDonald's CEO pushed out after relationship with employee

McDonald's CEO pushed out after relationship with employee

McDonald's chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday.
by The Associated Press

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StoryCorps: Brothers pass on their farmer father's life lessons

StoryCorps: Brothers pass on their farmer father's life lessons

Arguster and Lebronze Davis and their 14 siblings grew up and worked with their parents on the family's Alabama farm. "There's only two things in life a person actually owns, and that is his name and his word,” Arguster says. "In his own way, that's what Daddy left me with."
by Emma Bowman and Camila Kerwin

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UAW president taking leave amid corruption probe

The United Auto Workers announced Saturday that President Gary Jones is taking a paid leave of absence amid a federal investigation of corruption within the union.

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Job market resilient in October despite GM strike, beating expectations

Job market resilient in October despite GM strike, beating expectations

U.S. employers added 128,000 jobs last month. The unemployment rate inched up to 3.6 percent. The drop in job creation reflects a slowing economy, but a strike at General Motors was also a factor.
by Scott Horsley

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DNR: Plan to ship Minnesota groundwater to the southwest won’t float

State conservation officials say there is “virtually no scenario” where they would let a Lakeville-based company pump 500 million gallons a year from one of the state’s oldest aquifers and ship it out by rail.
by Kirsti Marohn

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Xcel, Minnesota Power seek electricity rate increases

Xcel, Minnesota Power seek electricity rate increases

Residential customers’ monthly bills would go up by about $11.66 in Minnesota Power’s case, while Xcel Energy residential customers would see monthly increases of about $4.80 in 2020, $1.25 in 2021 and $3.00 in 2022.
by Elizabeth Dunbar and Dan Kraker

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Judge OKs Water Gremlin reopening amid deal over lead cleanup

Judge OKs Water Gremlin reopening amid deal over lead cleanup

The White Bear Township fishing tackle and battery components maker can reopen Tuesday now that state regulators and the company have a safety plan in place on lead contamination.
by Matt Sepic

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