Business and Economic News

How 'Med City' prepares for pandemic
In Rochester, a city dominated by health care, health and local officials are facing some unique challenges when it comes to preparing for COVID-19.
Minneapolis City Council OKs deal to close Minnesota's last Kmart
The Minneapolis City Council on Friday approved the termination of its lease agreement with Kmart. The city will pay more than $9 million to end the contract the city signed more than 40 years ago.
What’s happening to how we work?
Employees are doing more with less in an increasingly technological world. We talk with two occupation and management experts about how the idea of the “good job” has changed and what it means for workers with the continued spread of the novel strain of coronavirus and in the future.
Dow soars nearly 2,000 points in rebound from biggest drop since 1987
The Dow Jones Industrial Average and other major stock indexes jumped as Congress prepared a measure to help cushion the economic blow of the coronavirus. But stocks later retreated from their highs.
Dow plunges 2,300 points: Stocks in meltdown as panic selling continues
The stock market has suffered a relentless, breathtaking drop — moving deeper into bear territory. Stocks fell so fast Thursday morning that it triggered a 15-minute halt in trading for the second time this week.
Taking care of personal finances during economic volatility
Financial turmoil in the stock market is one of many issues raising questions from consumers about their own financial security. We look at personal finance management during a time of global economic change and public health challenges.
Amid COVID-19 fears, shoppers rush to stock up on rice
Across the Twin Cities, rice joins paper towels, toilet paper and hand sanitizer among the list of items that are harder to find as people stockpile in preparation for possible quarantine. And it’s not just Asian markets that are affected — Costco and restaurant suppliers are also facing questions about their empty shelves.
Supreme Court upholds Winona County's silica sand mining ban
The Minnesota Supreme Court on Wednesday upheld Winona County's ban on the mining and processing of silica sand, which is used in the oil and gas industry for hydraulic fracturing.