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Business and Economic News

Trump taps health care expert as acting top White House economist

President Trump has been expected to nominate Tomas Philipson as permanent chair of his Council of Economic Advisers. Philipson, an expert on health economics, succeeds Kevin Hassett.
by Scott Horsley

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Airlines cancel Boeing Max flights into November; holiday flights could be next

Airlines cancel Boeing Max flights into November; holiday flights could be next

The Federal Aviation Administration found a new problem in Boeing's Max plane last month, so it will like be several more months before the troubled plane is certified to fly passengers again.
by David Schaper

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Got milk? Squeeze on dairy farmers eases

Got milk? Squeeze on dairy farmers eases

Minnesota dairy farmers have been hit hard with a long-running series of challenges: low milk prices, trade wars and blizzards to boot. But dairy producers see a glimmer of hope for their industry.
by Catharine Richert

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Mississippi River barge traffic slowly returning to normal

Mississippi River barge traffic slowly returning to normal

After unprecedented periods of high water to start the shipping season, towboats and barges are moving on the river in Minnesota — though some challenges remain.
by John Wanamaker

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Monthlong closure of Highway 61 between Lake City, Wabasha starts Monday

The Minnesota Department of Transportation said traffic along a stretch of U.S. Highway 61 between Lake City and Wabasha will be diverted to county roads as crews replace several culverts.
by Andrew Krueger

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Somali-Americans in Minnesota mourn death of 'inspirational' Somali journalist

Somali-Americans in Minnesota mourn death of 'inspirational' Somali journalist

Members of the Somali community in Minnesota and around the world are mourning the death of journalist Hodan Nalayeh. She accentuated positive narratives about Somalia and Somalis — accounts she shared with millions of people through her internet-based Integration TV, the first English-language show for English-speaking Somalis.
by Ibrahim Hirsi

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Water Gremlin to pay $500 fine per day in addition to $7 million settlement

Water Gremlin to pay $500 fine per day in addition to $7 million settlement

The Minnesota Pollution Control Agency has denied an extension for the White Bear Lake Township company to test its pollution control equipment. Water Gremlin was fined earlier this year for air quality violations for more than 15 years.
by Nina Moini

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Report: FTC approves roughly $5B fine for Facebook

Report: FTC approves roughly $5B fine for Facebook

The fine would be the largest the FTC has levied on a tech company. But it won't make much of a dent for Facebook, which had nearly $56 billion in revenue last year.
by Associated Press

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Trump escapes blame for ethanol policy hurting corn farmers

Trump escapes blame for ethanol policy hurting corn farmers

Midwest farmers and their Republican elected officials rarely miss a chance to shower President Trump with praise when he takes actions they believe help agriculture, but they're now parsing their words over the administration's policies dealing with ethanol.
by Associated Press

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