Business and Economic News

Scotland, Switzerland claim titles at world plowing competition near Baudette
More than 7,000 people turned out to watch this weekend's world plowing championship in northern Minnesota. Scotland won one division of the competition near Baudette; Switzerland took the title in the other.
'They're on,' Trump says of tariffs set to kick in on Sunday
Americans were largely spared from higher prices in the previous rounds of trade penalties. No longer. The 15 percent tariffs on $112 billion in Chinese imports will apply to items ranging from smartwatches and TVs to shoes, diapers, sporting goods and meat and dairy products.
Plow and the stars: World’s best plowmen dig the competition in Baudette
The best field plow operators from 28 countries compete in Baudette Friday and Saturday for the title of World Plowing Champion. On the line is bragging rights — and no money.
Corn Plus ethanol plant in Winnebago closing
The Corn Plus ethanol plant in Winnebago is the latest victim of an industry rocked by low prices and actions by the Trump administration that have cut ethanol.
After Del Monte closure stuns Sleepy Eye, town's future uncertain
Del Monte stunned Sleepy Eye when its corporate headquarters announced that this fall would be the plant’s final season. Rumors the plant could find a new buyer are giving locals hope.
Minnesota company's pollution won't find a home in Hudson
A Minnesota manufacturing plant with repeated pollution violations tried to shift some of its operations to a facility in Hudson, Wisconsin.
Minneapolis Fed debuts at State Fair amid economic turmoil
The Federal Reserve Bank of Minneapolis has a booth at the Minnesota State Fair for the first time this year. The bank is making its debut amid roiling financial markets, fears of recession and a slew of attacks on the Federal Reserve from President Trump.