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Business and Economic News

Alexa, tell me a national security secret: Amazon's reach goes beyond the Post Office

Alexa, tell me a national security secret: Amazon's reach goes beyond the Post Office

It's little known that the CIA uses Amazon Web Services to store its data, and, now, it's the favorite for a big-money Pentagon contract to do the same. Amazon's tentacles go to other agencies, too.

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Did the new tax law cut your taxes? You might be surprised

Did the new tax law cut your taxes? You might be surprised

Minnesota tax preparers warn many people could get some bad news at tax time next year if they don't find out now how the new Republican tax law changes their tax obligation.
by Mark Zdechlik

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Pipeline to 'nowhere' no more: water project nears Worthington

Pipeline to 'nowhere' no more: water project nears Worthington

The Lewis and Clark project in southwestern Minnesota will be completed this fall after nearly 30 years of waiting, bringing the city some much-needed water security.
by Mark Steil

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Road projects along I-35, I-94 in Twin Cities start Monday

Road projects along I-35, I-94 in Twin Cities start Monday

Drivers in the Twin Cities metropolitan area will have to contend with several new construction projects on metro-area freeways starting Monday.
by Nina Moini

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IRS computer glitch caused by 'master file' issue

IRS computer glitch caused by 'master file' issue

For nearly 11 hours on the busiest tax day of the year, the agency was unable to accept tax returns.

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Wells Fargo hit with $1 billion in fines over consumer abuses

Wells Fargo hit with $1 billion in fines over consumer abuses

The Consumer Financial Protection Bureau says it's punishing the banking giant's actions in its mortgage and auto loan businesses.

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A sign of the future in Morris: Cows + solar panels + fast electric car charger

A sign of the future in Morris: Cows + solar panels + fast electric car charger

Researchers at the University of Minnesota's West Central Research and Outreach Center in Morris say solar arrays and electric vehicles could help offset greenhouse gas emissions from agriculture.
by Elizabeth Dunbar

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Reports: Wells Fargo to be fined $1 billion as early as Friday

Reports: Wells Fargo to be fined $1 billion as early as Friday

Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto-lending and mortgage businesses, The New York Times and other news outlets reported, citing unnamed sources.
by The Associated Press

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Xcel expands use of drones to inspect power lines

Xcel Energy will be the first utility in the nation to get Federal Aviation Administration approval to routinely fly drones beyond where a pilot can see the aircraft.
by Dan Gunderson

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'Fearless Girl' statue will face down stock exchange, not 'Charging Bull'

'Fearless Girl' statue will face down stock exchange, not 'Charging Bull'

The statue -- installed in 2017, on a temporary basis, to honor International Women's Day -- will stay in New York City permanently. But it will relocate, shifting around the corner from the bull.

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