Business and Economic News

$4B to purge lead from MN drinking water but $8B benefit, state says
A report released Thursday is the first time health officials have put a cost on removing 100,000 lead service pipes run into Minnesota homes decades ago, and removing plumbing and fixtures in homes containing lead.
U.S. economy grew 2.9 percent in 2018, just below Trump's target
The U.S. economy expanded at a solid 2.6 percent rate during the last three months of 2018, but growth was significantly lower than it had been earlier in the year as the boost from tax cuts waned.
Minnesota budget forecast expected to show smaller surplus
Minnesota officials are preparing to release an updated economic forecast that will guide the shaping of the state's next two-year budget, and it's expected to show a smaller surplus than they projected in December.
A very merry Christmas at Best Buy with sales booming
Best Buy put up some big holiday sales numbers Wednesday, more evidence that Americans are willing and able to spend.
Pharmaceutical company CEOs face grilling in Senate over high drug prices
Senators called pharmaceutical industry leaders to account for the high costs of medicine during a Senate hearing. The executives deflected blame to insurance companies and middlemen.
Walmart is eliminating greeters. Workers with disabilities feel targeted
NPR has found that Walmart is changing the job requirements for front-door greeters in a way that appears to disproportionately affect workers with disabilities.
Worker visas in doubt as Trump immigration crackdown widens
Immigrants with specialized skills are being denied work visas or seeing applications get caught up in lengthy bureaucratic tangles under federal changes that some consider a contradiction to President Donald Trump's promise of a continued pathway to the U.S. for the most talented foreigners.
A new benefit: Some companies help workers pay down student loans
Some employers are offering benefits that pay down student loans. They say it's a popular way to recruit younger workers who are struggling with college debt.
Wind energy, tax breaks sought to bring Google to Becker, Minn.
The tax abatement request is one of the latest developments in the tech giant's proposal for the data center, which it says would bring new jobs and economic growth to the area.