Business and Economic News

EU officials to meet Trump, wielding a $20-billion threat
Top European Union officials were going into a meeting with U.S. President Donald Trump on Wednesday warning they are ready to put tariffs on $20 billion of American goods if he puts duties on car imports.
Ivanka Trump's clothing company shutting down
Ivanka Trump's clothing company is shutting down after some stores dropped her line and she decided ethics restrictions were holding back its ability.
Trump tapping $12B to help farmers affected by tariffs
The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump's trade disputes with China and other trading partners.
Minn. farm groups welcome aid but say end to trade war would be better
The United States Department of Agriculture announced a $12 billion assistance package for farmers hurt in the ongoing trade war. Farm groups welcome the aid, but they say an end to the trade disputes would be a better solution.
Some Minnesota businesses feel double impact of trade war
As tariffs mount, producers suffer from falling foreign sales and increasing costs of imported materials.
Tronc slashes 'New York Daily News' staff by half
Tronc cited financial pressures in gutting the newsroom of the punchy New York City tabloid, a major force in local coverage. It has won Pulitzer Prizes and been a thorn in President Trump's side.
Rochester construction is booming, but affordable housing lags
A Rochester city survey of residents shows that a strong majority is worried there isn't enough affordable housing for people working in the city's growing service industries.
Rochester development hits its stride
The construction boom fueled by Rochester's Destination Medical Center economic development plan has most residents saying the city is on the right track, though some say now there's too much growth.