Business and Economic News

State lawmakers won't rush tax code rewrite
When state leaders failed to agree on a tax plan last spring, there was talk they could tackle it when the Legislature reconvened in 2019. But it's not going to happen.
Cuba extends internet to mobile phones, promising new access
It was only 10 years ago that the Castro government lifted its ban that prohibited regular citizens from buying computers. Today, phones are a key method of accessing the Internet in Cuba.
Globe University, Minnesota School of Business argue for more limited student restitution
Two schools found to have misled students say they don't have to pay everyone deceived, but the state of Minnesota disagrees. The two sides tangled over that question before the Minnesota Supreme Court Tuesday.
Dow drops 799 points, as topsy-turvy interest rates boost recession fears
The bond market is worried the trade war, slowing global growth and a drop in oil prices are signs the economy is slowing and may be heading for a recession. Nervousness spilled over into stocks too.
Voice of America vows independence, as Trump calls for 'worldwide network'
VOA covers the U.S., warts and all. But is that enough for the president? VOA's director tells NPR it's protected by law, and if it's told to change, she'll respond, "Thank you for your input."
Fishermen sue Big Oil for its role in climate change
The food industry is already feeling the effects of climate change, which will likely force expensive adaptations in the future. At least one sector is looking to make energy companies pay.
Peterson: New farm bill preserves status quo, but will it help farmers enough?
The farm bill, which funds everything from food stamps to conservation programs, expired in September. House and Senate negotiators, including U.S. Rep. Collin Peterson, D-Minn., say they have a deal and will push for votes in the next few weeks.
State legislators, Line 3 foes seek seat on body that approved pipeline
An open seat on the Minnesota Public Utilities Commission is drawing interest from several notable applicants, including current and former state legislators and two leading critics of Enbridge Energy's planned Line 3 crude oil pipeline replacement, a project approved by the PUC earlier this year.