Business and Economic News

Cirrus recalls Vision SF50 jet
More than 100 Cirrus jets built in Duluth will need some work before they can safely return to the air. The Federal Aviation Administration has issued an emergency airworthiness directive requiring the immediate replacement of an angle-of-attack sensor on the Cirrus Vision SF50 jet.
Herman Cain withdraws from consideration for Fed, Trump says
President Trump said Monday that Herman Cain has withdrawn from consideration for a seat on the Federal Reserve's board amid a focus on past scandals and doubts about his qualifications for the role.
UnitedHealth clients needed more mental health care; UnitedHealth said no
A federal judge in a California class action suit says Twin Cities-based UnitedHealth Group wrongly refused to pay mental health treatment costs for tens of thousands of customers. The judge said the insurer restricted coverage to protect its bottom line.
Metro Transit sets single-day ridership record
The transit agency provided more than 130,000 train rides for the NCAA championship game on April 8.
Crow Wing Co. deer farm closed, deer euthanized after positive CWD test
All the deer on a Crow Wing County farm where chronic wasting disease was confirmed more than two years ago have been euthanized, the Minnesota Board of Animal Health announced this week.
Keillor's bookstore sold to a St. Paul native
Common Good Books in St. Paul has a new owner and a new name, "Next Chapter Booksellers."
Trying to downsize your home? Good luck with that
Some end up staying in place, unable to find alternative homes that meet their financial or lifestyle expectations. Others are simply paralyzed by indecision. This lack of turnover is prolonging a tight market for homebuyers.
UnitedHealth beats expectations all around, stock still lags
UnitedHealth Group beat first-quarter expectations and hiked its 2019 forecast, but shares of the nation's largest health insurer continued their slump as investors worry about growing Congressional scrutiny of how the company and its competitors do business.