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Business and Economic News

MN 2018 job gains far below estimate; Jan. jobless rate at 3 percent

MN 2018 job gains far below estimate; Jan. jobless rate at 3 percent

Minnesota's job growth for 2018 came in about two-thirds below the 31,000 job gains originally estimated, and growth continues to slow as the labor market tightens, state officials said Thursday.
by MPR News Staff

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Bill raising federal minimum wage to $15 heads to U.S. House floor

Bill raising federal minimum wage to $15 heads to U.S. House floor

It's the Democrats' latest attempt to raise the federal minimum wage to $15 from $7.25 by 2024. Amazon and several presidential candidates support the bill, though it faces high hurdles in the Senate.
by Alina Selyukh

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Court slams UnitedHealth for restricting access to mental health care to save money

Court slams UnitedHealth for restricting access to mental health care to save money

A federal judge in Northern California handed Minnetonka-based UnitedHealth Group a major defeat in a lawsuit over access to mental health care. The count found the pressure to reduce costs infected company policies governing mental health coverage.
by Alisa Roth

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'Jeopardy!' host Alex Trebek says he has pancreatic cancer

'Jeopardy!' host Alex Trebek says he has pancreatic cancer

"Jeopardy!" host Alex Trebek said he has been diagnosed with advanced pancreatic cancer but intends to fight the disease and keep on working.
by Associated Press

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Despite Trump's promises, the trade deficit is only getting wider

Despite Trump's promises, the trade deficit is only getting wider

President Trump has pushed tariffs to cut the trade gap. But the United States bought more from other countries than it sold to them last year, pushing the deficit to a level not seen since 2008.
by Jim Zarroli

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Target hits on all cylinders in the fourth quarter

Target hits on all cylinders in the fourth quarter

Target's expanded online delivery options, new brands and updated stores helped drive shoppers to spend more during the critical holiday shopping season.
by Associated Press

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Ex-DNR chief takes aim at Twin Metals mine project near Boundary Waters

Ex-DNR chief takes aim at Twin Metals mine project near Boundary Waters

Tom Landwehr approved the controversial PolyMet copper-nickel mine last year as commissioner of the Minnesota Department of Natural Resources. Now he'll lead the fight against another proposed mine, this one on the doorstep of the Boundary Waters.
by Dan Kraker

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Google pay study finds it underpaid men for some jobs

Google pay study finds it underpaid men for some jobs

The tech company disbursed almost $10 million to more than 10,000 employees to try to standardize pay. Google says it will continue studying structural issues to ensure compensation is fair.
by Matthew S. Schwartz

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