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Business and Economic News

How Minnesota's economy depends on small businesses

They're more than just the Mom and Pop shop around the corner. They employ hundreds of thousands of Minnesotans each year.
by Manda Lillie and Angela Davis

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Destination Medical Center, North? Duluth readies for massive medical investment

Destination Medical Center, North? Duluth readies for massive medical investment

Two of Duluth's regional health care systems, Essentia Health and St. Luke's, are planning to invest more than $1 billion in expansions. City officials hope the development, which is being supported in part with infrastructure funding from the state, will spur additional growth in the downtown medical district.
by Dan Kraker

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U.S., Mexico officials to begin talks over tariffs, border

U.S., Mexico officials to begin talks over tariffs, border

Mexico launched a counteroffensive Monday against the threat of U.S. tariffs, warning not only that it would hurt the economies of both countries but also could cause a quarter-million more Central Americans to migrate north.
by Associated Press

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'Completely catastrophic': Flooding and tariffs causing chaos for farmers

'Completely catastrophic': Flooding and tariffs causing chaos for farmers

Weeks of rain across the Midwest and the Great Plains have kept many farmers from planting crops. On top of that, they are dealing with President Trump's ongoing trade dispute with China.
by Nathan Rott

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Stinking rich? Malaysia aims to cash in on China's durian craze

Stinking rich? Malaysia aims to cash in on China's durian craze

A single durian can fetch $100 in China, where appetite for the spiky, pungent fruit is booming. Now Malaysia wants to make durian a leading export, and the rush to plant and invest is on.
by Michael Sullivan

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White House: Trump 'deadly serious' about Mexico tariffs

White House: Trump 'deadly serious' about Mexico tariffs

A top White House official said Sunday that President Trump is "deadly serious" about slapping tariffs on imports from Mexico but acknowledged there are no concrete benchmarks being set to assess whether the U.S. ally was stemming the flow of migrants enough to satisfy the administration.
by Associated Press

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