Business and Economic News

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.
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.
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.
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.
Businesses in Minnesota offer training and education to attract employees, but there needs to be industry-wide support.
More than 300 people are estimated to be living in tents near Hiawatha and Franklin avenues in Minneapolis. The Wall of Forgotten Natives, as some are calling it, is the largest homeless encampment in recent Minnesota history.
General Mills fiscal 1Q sales fall short
General Mills Inc. reported mixed first-quarter financial results as costs weighed down profit and a sales increase fell short of expectations.
Japanese billionaire books first moonshot aboard SpaceX's 'Big Falcon Rocket'
Yusaku Maezawa would be the first person since 1972 to travel around the moon and the first-ever private citizen to do it. He was introduced at SpaceX headquarters near Los Angeles Monday night.