Business and Economic News

March 30, 2019 6:35 PM

Trump seeks to cut foreign aid to 3 Central American nations

Taking drastic action over illegal immigration, President Trump moved Saturday to cut direct aid to El Salvador, Guatemala and Honduras, whose citizens are fleeing north and overwhelming U.S. resources at the southern border.

by Associated Press

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March 30, 2019 6:25 PM

Judge restores Obama-era drilling ban in Arctic

President Trump exceeded his authority when he reversed bans on offshore drilling in vast parts of the Arctic Ocean and dozens of canyons in the Atlantic Ocean, a U.S. judge said in a ruling that restored the Obama-era restrictions.

by Associated Press

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March 30, 2019 8:35 AM

Twin Cities group collecting donations to help farmers in Nebraska flood zone

An agricultural organization in the western Twin Cities will collect food and supplies Saturday to help farmers and others affected by severe flooding in Nebraska.

by Andrew Krueger

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March 29, 2019 4:22 PM

St. Paul's District Energy says goodbye to coal

Sunday will be the last day District Energy burns coal.

by Elizabeth Dunbar

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March 29, 2019 3:06 PM

Hemp farmers, retailers pounce on market for CBD products

Applications to grow hemp in the state of Minnesota have increased steeply since the start of the year, according to the Minnesota Department of Agriculture.

by Nina Moini

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March 29, 2019 1:34 PM

The latest immigration crackdown may be on fake Social Security numbers

The Social Security Administration says it's trying to clean up its records. But immigration advocates fear the real objective is to expose undocumented immigrants at work.

by Joel Rose

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March 28, 2019 6:15 PM

Enbridge proposes another pipeline replacement across Fond du Lac reservation

Enbridge Energy is proposing to replace a 10-mile section of an oil pipeline that crosses the reservation of the Fond du Lac Band of Lake Superior Chippewa in northeast Minnesota.

by Dan Kraker

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March 28, 2019 3:40 PM

Wells Fargo CEO quits in wake of consumer financial scandals

Wells Fargo announced Thursday that CEO and President Tim Sloan will step down immediately. The company's general counsel Allen Parker was elected to run the company until a new CEO is selected.

by Associated Press

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March 28, 2019 2:21 PM

Boeing scrambles to restore faith in its 737 MAX airplane after crashes

The company is still producing about 50 737 Max planes per month. This week, it unveiled software fixes and other improvements for the fleet as it tried to reassure the public that they are safe.

by David Schaper