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Business and Economic News

Ex-Best Buy CEO quits Mayo board; donated to group that placed anti-Islam ads

Ex-Best Buy CEO quits Mayo board; donated to group that placed anti-Islam ads

Brad Anderson has stepped down from the Mayo Clinic board after he confirmed he contributed $25,000 in 2016 to a right-wing group that distributed inflammatory anti-Muslim videos. He remains on Minnesota Public Radio's board.
by MPR News Staff

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Dakota Access pipeline developer submits spill response plan

Dakota Access pipeline developer submits spill response plan

The Standing Rock Sioux worries that cultural sites could be harmed by oil spill response efforts or by the staging of equipment at the Missouri River reservoir.
by The Associated Press

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Best Buy warns of data breach

Best Buy warns of data breach

Best Buy is warning that some of its customers' payment information may have been compromised in a data breach.
by Associated Press

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Where Americans found jobs: Manufacturing and health care

Manufacturers added jobs for an eighth straight month in March, driven mainly by companies that produce durable goods like cars, computers and metal products. Hiring in the sector rose by 22,000 in March and has risen 232,000 over the past year.
by Associated Press

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U.S. added modest 103K jobs in March, rate stays 4.1 percent

U.S. employers added a modest 103,000 jobs in March after several months of bigger gains, though the government's jobs report suggests the labor market remains healthy.
by The Associated Press

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China vows to fight U.S. 'at any cost' as trade spat worsens

China vows to fight U.S. 'at any cost' as trade spat worsens

China vowed on Friday to fight the U.S. "at any cost" after President Trump proposed slapping an additional $100 billion in tariffs on Chinese goods in an escalating trade dispute between the world's two largest economies.
by The Associated Press

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Target settles suit claiming its hiring system discriminated

Target settles suit claiming its hiring system discriminated

Target has agreed to settle a lawsuit that said its hiring process, which automatically rejected people with criminal backgrounds, disproportionately kept blacks and Hispanics from getting entry-level jobs at its stores.
by The Associated Press

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Trump proposes $100 billion in new tariffs on Chinese goods

Trump proposes $100 billion in new tariffs on Chinese goods

President Donald Trump instructed the U.S. trade representative to consider slapping an additional $100 billion in tariffs on Chinese goods on Thursday in a dramatic escalation of the trade dispute between the two countries.
by The Associated Press

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