Business and Economic News

April 23, 2019 5:51 AM

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.

by Greg Rosalsky

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April 23, 2019 4:00 AM

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.

by Matt Sepic

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April 23, 2019 12:00 AM

National Press Club: Larry Kudlow's economic forecast

Director of the National Economic Council, Larry Kudlow, speaks at the National Press Club in Washington.

by MPR News Staff

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April 22, 2019 5:19 PM

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.

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April 22, 2019 1:02 PM

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President Trump said Monday that Herman Cain has withdrawn from consideration for a seat on the Federal Reserve's board amid a focus on past scandals and doubts about his qualifications for the role.

by Associated Press

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April 22, 2019 4:00 AM

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.

by Alisa Roth

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April 19, 2019 2:10 PM

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.

by Brandt Williams

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April 19, 2019 10:51 AM

Jobless rate suggests more Minnesotans are looking for better jobs

Minnesota gained 1,300 jobs in March, but the unemployment rate ticked up by just 0.1 percent.

by Bill Catlin

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April 18, 2019 3:47 PM

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.

by Kirsti Marohn