Business and Economic News

U.S. retailers hope higher pay will buy more efficient workers
Even as they've absorbed higher labor costs, most retailers remain reluctant to pass them on to customers in the form of price increases. So companies need to increase their workers' efficiency.
Think your payment card was hacked? Here are a few steps to minimize damage
A data breach at Caribou Coffee may have led to the theft of payment card information. A cyber-security expert suggests a few simple steps you can take to make such thefts much less troublesome.
Minnesota to get $9.3M in Wells Fargo settlement
The $9.3 million is the state's share of a national settlement for improper banking practices.
Invasive insects hitch a ride to Minnesota, Wisconsin on holiday decorations
Agriculture officials in Minnesota and Wisconsin are working to stop the spread of an invasive evergreen tree-eating insect, after it was discovered in holiday decorations sold at big box stores in both states.
CenturyLink still working to fix phone outages for Minnesota customers
The outage disrupted phone and internet services in multiple states. CenturyLink said it is investigating the cause and does not yet know when the issue will be resolved.
U.S. stocks shake off slide with late-afternoon rally
Stocks mounted a swift turnaround on Wall Street Thursday after a late-afternoon rally erased the steep losses from earlier in the day.