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Business and Economic News

Xcel's new plan: Coal-free by 2030, nuclear until 2040

Xcel's new plan: Coal-free by 2030, nuclear until 2040

Xcel Energy said Monday it plans to shut its Minnesota coal plants, its last two in the Upper Midwest, a decade earlier than scheduled but seek a 10-year extension on its Monticello nuclear plant license.
by Martin Moylan, Elizabeth Dunbar and Kirsti Marohn

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Ford slashes 10 percent of its global salaried workforce

Ford slashes 10 percent of its global salaried workforce

About 7,000 white-collar jobs are being eliminated as part of Ford's massive organizational restructuring. The automaker says it will save $600 million per year as a result.
by Camila Domonoske

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America is in full employment, so why aren't we celebrating?

America is in full employment, so why aren't we celebrating?

U.S. unemployment is at a nearly 50-year low. The jobless rate for Hispanics has never been lower. The past two years have been the best job market ever for African Americans. Shouldn't we be excited?
by Pallavi Gogoi

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Brains and Losses: The bottom line on aging and financial vulnerability

Brains and Losses: The bottom line on aging and financial vulnerability

Neuroscientists and gerontologists see evidence that people aging normally can become more vulnerable to financial exploitation. Marketplace's David Brancaccio and his team have identified fraud victims and their families who have been willing to tell their stories.
by MPR News Staff

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Documentary traces how Vietnamese-Americans developed the nail salon industry

Documentary traces how Vietnamese-Americans developed the nail salon industry

If you got a manicure lately, chances are your nail salon was run by Vietnamese-American entrepreneurs. In "Nailed It," director Adele Free Pham investigates how refugees built a multi-billion-dollar industry.
by Lulu Garcia-Navarro

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Watch: Defunct steelmaker's 21-story headquarters imploded

Watch: Defunct steelmaker's 21-story headquarters imploded

Sixteen thousand tons of Bethlehem Steel collapsed in a matter of seconds Sunday as a demolition crew imploded Martin Tower, the defunct steelmaker's former world headquarters in Pennsylvania.
by Associated Press

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A big, hairy solution to restoring Minnesota's prairies

A big, hairy solution to restoring Minnesota's prairies

Bison will again roam a 170-acre swath of land at Belwin Conservancy near the Twin Cities this summer, where their presence benefits the restored tallgrass prairie.
by Cody Nelson

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Flooding disrupts barge traffic on the Mississippi River

Flooding disrupts barge traffic on the Mississippi River

Many of the locks and dams on the Mississippi that closed due to flooding that started in March have reopened, but the U.S. Army Corps of Engineers doesn't expect the river to be fully unimpeded until possibly June.
by Associated Press

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