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Business and Economic News

Duluth's claims of superior beer? Science says they hold water

Duluth's claims of superior beer? Science says they hold water

Breweries in Duluth tout that in the land of 10,000 lakes, the water they use, from the cold depths of Lake Superior, is a splash above all the rest. A great marketing tool — with some science to back it up.
by Dan Kraker

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Minn. worker shortage squeezing employers gets tighter

A semi-annual survey of job vacancies found a record 142,000 job openings. For every 10 openings in Minnesota there were only six people looking for work.
by Bill Catlin

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Mounds View amateur radio store prepares to sign off

Mounds View amateur radio store prepares to sign off

After more than 30 years of selling radio equipment, dispensing advice and serving as a hub of the wireless hobby across the Midwest, owners Dan and Maline Fish say they're retiring and preparing to pull the plug on Radio City, their store in Mounds View.
by Tom Crann and Tim Nelson

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Wells Fargo to cut 10 percent of workforce over next three years

Wells Fargo to cut 10 percent of workforce over next three years

Wells Fargo plans to cut up to 10 percent of its workforce over the next three years, the bank announced on Thursday, which will result in thousands of job losses for employees of the nation's third-largest bank.
by Associated Press

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Minnesota employers pause after hiring spree

Minnesota employers pause after hiring spree

Minnesota employers took a breather after adding nearly 32,000 jobs from May through July. Statewide payroll employment fell by 200 positions in August, and the jobless rate dropped below 3 percent as fewer people were job-hunting.
by Bill Catlin

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How Minnesota's farmers are faring in the deepening U.S.-China trade war

President Trump announced earlier this week that beginning next Monday, an additional $200 billion dollars' worth of Chinese goods will be taxed. China plans to fire back with more tariffs of its own. MPR News host Cathy Wurzer checked in with Kevin Paap for an update on what Minnesota's farmers are hearing in this latest volley of tariffs.
by Cathy Wurzer

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China's premier appeals for free trade amid tariff battle

China's premier appeals for free trade amid tariff battle

China's No. 2 leader appealed Wednesday for support for free trade and promised to improve conditions for foreign companies following tit-for-tat U.S. and Chinese tariff hikes in a battle over Beijing's technology policy.
by Associated Press

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Tougher laws on pipeline protests face test in Louisiana

Tougher laws on pipeline protests face test in Louisiana

A number of states are making it harder to protest the construction of oil and gas pipelines. Recent felony arrests in Louisiana could be a test case for these tougher new laws.
by Travis Lux

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Metro Transit hopes apprenticeships can help ease driver shortage

Metro Transit hopes apprenticeships can help ease driver shortage

Amid a tight labor market that has many industries hurting for workers, Metro Transit is launching an apprenticeship program to address a shortage of drivers that has forced service cutbacks.
by Martin Moylan

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Apprenticeships need industry buy-in to succeed

Businesses in Minnesota offer training and education to attract employees, but there needs to be industry-wide support.
by Kerri Miller and Manda Lillie

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