Business and Economic News

Minn. jobless rate encroaches on all-time low
Minnesota's unemployment rate fell to 2.8 percent in September, nearing the record low of 2.5 percent in 1999. Still, Minnesota employers cut their payroll employment by 1,400 positions, the second monthly decline in a row, following a surge in hiring over the summer.
Khashoggi warns in last column of free rein to silence media
In the column, Jamal Khashoggi also discussed the practice of Middle Eastern governments blocking internet access to control tightly the information their citizens can see.
$900K awarded to housing counseling services in Minnesota
Organizations helping with home ownership in Minnesota will receive almost $900,000 in grant money to maintain and expand their services.
On Tuesday, a high-level Turkish official told The Associated Press that police found "certain evidence" of Jamal Khashoggi's slaying at the Saudi Consulate, without elaborating.
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.
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.
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.
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.
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.