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Business and Economic News

Student loan watchdog quits, blames Trump administration

Student loan watchdog quits, blames Trump administration

The nation's student loan watchdog has resigned from the Consumer Financial Protection Bureau, arguing that its current leadership has undermined efforts to protect student borrowers.
by Cory Turner

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New apple variety debuts at State Fair

New apple variety debuts at State Fair

The First Kiss apple was developed at the University of Minnesota. It's based off a Honeycrisp apple but ripens up to a month earlier, about Aug. 20 -- right around fair time.
by Mike Moen

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Foxconn casting wide net in search for employees for Wisconsin plant

Foxconn casting wide net in search for employees for Wisconsin plant

Foxconn Technology Group will cast a wide net to find the 13,000 workers it eventually expects to hire at its new Wisconsin manufacturing plant, partnering with universities and technical schools and even tapping into transitioning members of the military.
by Associated Press

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Fad or the future? Robot-made burgers wow crowds in San Francisco

Fad or the future? Robot-made burgers wow crowds in San Francisco

As more culinary robots find their way into commercial food prep, one restaurant in San Francisco called Creator is hoping to strike a balance between high tech and the human touch.
by Anna Mantzaris

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Elon Musk says Tesla will remain public

Elon Musk says Tesla will remain public

Less than a month after suggesting he might take the electric car maker private, CEO Elon Musk says "most of Tesla's existing shareholders believe we are better off as a public company."

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Manure to fuel? CenterPoint wants to sell you 'renewable' natural gas

Manure to fuel? CenterPoint wants to sell you 'renewable' natural gas

The utility submitted plans Thursday for a pilot program to sell renewable natural gas. It would be one of the country's first such programs if state regulators sign off on it.
by Cody Nelson

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U.S., China raise tariffs in new round of trade dispute

The United States and China went ahead with tariff hikes on billions of dollars of each other's automobiles, factory machinery and other goods Thursday in an escalation of a battle over Beijing's technology policy that companies worry will chill global economic growth.
by The Associated Press

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When rising rent makes affordable housing unaffordable

When rising rent makes affordable housing unaffordable

When we talk about affordable housing, we usually talk about whether someone has a place to live. But buried in that discussion is another facet of the housing shortage: whether someone's rent is just a few dollars away from becoming unaffordable.
by Catharine Richert

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With project cost already over $100M, taking MNLARS private could be expensive

Three technology companies are interested in taking over Minnesota's troubled vehicle licensing system, but preliminary estimates show the move to an outside vendor would not be cheap.
by Tim Pugmire

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