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Business and Economic News

Sears closure in St. Paul presents opportunity for city

Sears closure in St. Paul presents opportunity for city

The Sears across from the state Capitol has been a fixture on Rice Street for more than a half-century. One City Council member says several groups have come to his office with redevelopment ideas for the 17-acre parcel.
by Matt Sepic

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CVS-Aetna merger a big deal in Minn., or not?

CVS-Aetna merger a big deal in Minn., or not?

As the CVS pharmacy chain prepares to close on its buyout of health insurer Aetna, neither has a huge presence in Minnesota. But Aetna has a partnership with the big health system, Allina Health, and the effect on that effort remains unclear.
by Martin Moylan

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Report: Wet weather puts fall harvest behind schedule

The report states Minnesota's soybean harvest is nine days behind the average pace over the last five years. Just over a third of the crop has been gathered, about 70 percent is normal for this time of year.
by Mark Steil

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As e-scooters roll into American cities, so do safety concerns

As e-scooters roll into American cities, so do safety concerns

Electric scooters zoom through traffic in many cities these days, and have the potential to take cars off the road. But experts worry that the many riders who forgo safety gear are taking big risks.
by Deena Prichep

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Sears files for Chapter 11 amid plunging sales, massive debt

Sears files for Chapter 11 amid plunging sales, massive debt

The company, which traces its history back to southwestern Minnesota, started out as a mail order catalog in the 1880s. It has been on a slow march toward extinction as it lagged far behind its peers and has incurred massive losses over the years.
by The Associated Press and MPR News Staff

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'This is something that we can call our own'

'This is something that we can call our own'

After more than a half-century serving north Minneapolis, the family-owned Estes Funeral Chapel -- one of the oldest black-owned businesses still operating in Minnesota -- celebrated the grand opening of its new facility Sunday.
by Brandt Williams

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Delta's schedule for advanced narrow-body includes MSP

Delta's schedule for advanced narrow-body includes MSP

Delta Air Lines is the first U.S. carrier to fly the narrow-body Airbus A220, an aircraft with a much quieter engine that was at the center of a heated trade dispute.
by Martin Moylan and Bill Catlin

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Energy developers applaud richer community solar incentives

Energy developers applaud richer community solar incentives

Community solar gardens initially attracted a lot of residential customers, but developers said higher costs caused such projects to make financial sense only for commercial customers.
by Elizabeth Dunbar

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