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Business and Economic News

Wayzata's TCF Financial to merge with Detroit bank

Plans call for TCF to merge into Chemical Financial, and the combined holding company and bank will operate under the TCF name and brand. The company will have more than 500 branches in nine states, including "significant operation centers" in Minneapolis and Chicago.
by The Associated Press

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Coal no more? Becker bets on natural gas, recycling and, maybe, Google

Coal no more? Becker bets on natural gas, recycling and, maybe, Google

City leaders are trying to imagine a future for Becker without the fossil fuel that put it on the map. They want to diversify the local economy and bring in new businesses so the community won't flounder when the existing Sherco coal units are retired.
by Kirsti Marohn

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Search for Brazil dam collapse survivors resumes as death toll rises

Search for Brazil dam collapse survivors resumes as death toll rises

Brazilian rescue crews returned to mud-covered flats Sunday to resume the search for hundreds of people missing in the wake of a dam collapse after the operation was suspended for several hours over fears that a second dam was at risk of breach.
by Associated Press

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Craig vows to work to prevent another government shutdown

Craig vows to work to prevent another government shutdown

Border security and immigration policy were front and center on Saturday as Rep. Angie Craig faced her constituents in a public forum for the first time since she took office.
by Tim Nelson

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Smaller government? Some Trump supporters cheered the shutdown

Smaller government? Some Trump supporters cheered the shutdown

"I want less government. That's what we're getting" with a shutdown, said Terry Rose of Fort Hancock, Texas, just across the border from El Porvenir, Mexico. "I'm understanding about federal employees, but if you're 'non-essential' it's hard to feel too badly for you."
by Associated Press

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Even with IRS staffers returning, tax refunds may be delayed

Even with IRS staffers returning, tax refunds may be delayed

The disruption from the partial shutdown and the recent absence of a large contingent of recalled IRS employees mean the possibility of delayed tax refunds.
by Associated Press

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In a hot labor market, some employees are 'ghosting' bad bosses

In a hot labor market, some employees are 'ghosting' bad bosses

More employers say they're being "ghosted," the Federal Reserve noted recently. That's when a worker just stops coming to work and is impossible to contact. The strong economy may help explain it.
by Emily Sullivan

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