Business and Economic News

Threading the needle: Mammoth Duluth museum ship eased out of longtime berth
You think parallel parking is hard? Try threading a mammoth Great Lakes freighter through the opening of a narrow drawbridge — with only 7 inches to spare on either side.
Congress takes aim at issue of shrinking seats, legroom on airplanes
The Federal Aviation Administration would be required to set new minimum requirements for seats on airplanes under legislation to be considered in the House this week, possibly giving passengers a break from ever-shrinking legroom and cramped quarters.
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.
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.
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.
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.
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.
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.