Business and Economic News

Development plans dampen mushroom grower's future
Fans of fresh mushrooms have been flocking to an unlikely spot in Minneapolis for their fungi fix in recent years, but a proposed redevelopment of the site has the farm's founder worried he may have to shut down.
Local minimum wage hikes emerge as Capitol sticking points
Minnesota Republicans want to put the brakes on higher minimum wages in Minneapolis and St. Paul, and their push is likely to complicate budget negotiations at the Capitol.
Boeing hits pause on forecasts as 737 Max groundings continue
The aircraft manufacturer said its profits fell 13 percent in the first quarter as it works through "this challenging time." Boeing said the 737 Max crisis has cost it $1 billion so far.
When does a minimum wage become too high?
Does raising the minimum wage kill jobs? No. Not really. But it could. The hunt is on to find the magic number. Here's the evidence.
Minneapolis' Nice Ride bikes launch in a changed market
Besides the traditional three-speed pedal bikes, the nonprofit also hopes to launch a fleet of electric-assist bikes this year. It's the latest effort to respond to a more competitive sharing economy.
National Press Club: Larry Kudlow's economic forecast
Director of the National Economic Council, Larry Kudlow, speaks at the National Press Club in Washington.