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Business and Economic News

Manufacturing company to close all Minnesota locations

The closures will affect three plants in Minnesota and are expected to leave 145 workers without a job.
by Jaylan Sims

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Pampers maker Procter & Gamble to cut up to 7,000 jobs under tariff, consumer uncertainty pressure

Pampers maker Procter & Gamble to cut up to 7,000 jobs under tariff, consumer uncertainty pressure

Procter & Gamble will cut up to 7,000 jobs, or approximately 6 percent of its global workforce, over the next two years as the maker of Tide detergent and Pampers diapers wrestles with tariff-related costs and customers who have grown anxious about the economy.
by The Associated Press

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With steel tariffs doubling today, a North Carolina manufacturer wonders how to compete

With steel tariffs doubling today, a North Carolina manufacturer wonders how to compete

President Trump is doubling tariffs on steel and aluminum to 50 percent. It’s designed to protect domestic steel and aluminum workers, but critics say it will raise prices for those that use the metals.
by Scott Horsley

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Trump food aid cuts eliminate key income source from some smaller Minnesota farms

Trump food aid cuts eliminate key income source from some smaller Minnesota farms

The Trump administration slashed funding for a program that helps feed school children and the food insecure this spring, and it’s affecting not only those in need but also those who grow that food, leaving some farmers without a critical source of income.
by Hannah Yang

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Researchers say the true cost of prisons and jails is higher than many realize

Researchers say the true cost of prisons and jails is higher than many realize

A new report tries to capture the true cost of incarceration to families of people behind bars. It found it costs them around $350 billion every year – almost four times the government’s estimate for the cost of incarceration.
by Meg Anderson

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Hundreds of sheep helping keep prairie plants in check at Xcel’s Sherco solar project

Hundreds of sheep helping keep prairie plants in check at Xcel’s Sherco solar project

Xcel Energy is managing vegetation at its Sherco Solar project by using sheep to graze beneath the solar panels. It’s an example of agrivoltaics, a growing practice of pairing renewable energy with agriculture that provides mutual benefits. 
by Kirsti Marohn

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