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Business and Economic News

Deal may be near to guide McNally Smith bankruptcy

Deal may be near to guide McNally Smith bankruptcy

The trustee and mortgage-holder are working on an agreement that could lead to the sale of the music school's building. It may also leave students and staff who are owed money at the mercy of the real estate market.
by Peter Cox

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Dayton: No 'viable way' to build new Line 3 pipeline on current route

Dayton: No 'viable way' to build new Line 3 pipeline on current route

The governor said he is not taking a position on the contentious Line 3 replacement plan. But he said a judge's recommendation to run the new oil pipeline where the old one sits doesn't seem feasible because it runs through tribal lands.
by Cody Nelson

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Crop-destroying birds better prey these falcons don't see them

Crop-destroying birds better prey these falcons don't see them

Falcon pest control is gaining popularity, especially among eco-friendly farms. The raptors are trained to scare off pesky birds like starlings, which can cause thousands of dollars in crop damage.
by Esmy Jimenez

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Wood heater makers push back against tighter pollution rules

Wood heater makers push back against tighter pollution rules

Health experts warn the units pollute too much. The industry warns tighter EPA standards will force higher costs on consumers. Minnesota is home to the nation's largest wood boiler builder, and wood heat is hugely popular here.
by Dan Gunderson

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Protection for the steel industry is as old as America

Protection for the steel industry is as old as America

The U.S. steel industry has enjoyed protection from foreign competitors since the 1790s. It says new import tariffs are actually just leveling the playing field and shouldn't be labeled "protection."

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Facebook updates community standards, expands appeals process

Facebook updates community standards, expands appeals process

The social media company announced changes to its community standards, releasing internal review guidelines and allowing appeals of content removal decisions.
by Ian Wren

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Some Minnesotans will see taxes rise under House GOP plan

Some Minnesotans will see taxes rise under House GOP plan

The author of a House Republican proposal to simplify the state tax code and bring it closer in line to recent federal changes acknowledged some Minnesotans would see a tax increase.
by Tim Pugmire

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Pipeline plan tests state's environmental-business balance

Pipeline plan tests state's environmental-business balance

State regulators are weighing whether to let Enbridge Energy build a new high-volume oil pipeline across northern Minnesota. The company says the new line is vital to the nation's energy needs and will be strong and safe. Environmentalists say it's a disaster waiting to happen. Is there a middle ground?
by Dan Kraker

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Rapidly melting snow causing flooding in Sibley County

The Minnesota Department of Transportation closed Highway 93 in Sibley County Sunday due to flooding along the Rush River. The roadway was closed between Highway 169 and Henderson.
by Associated Press

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