Business and Economic News

As soybean tariffs go into effect, Minn. farmers fear the worst
Soybean prices have been dropping for several weeks in anticipation of the move -- and some Minnesota farmers say the trade issues threaten their ability to stay in business.
FAA to passengers: Not our job to regulate seat size, legroom on planes
In a letter responding to a lawsuit brought by the group Flyers Rights, the Federal Aviation Administration said that current seat size is not a safety issue.
Caught in tariff war, U.S. distillers fear losing out on global whiskey boom
Whiskey distillers in the U.S. are concerned EU tariffs will take a big bite out of sales. Many have expanded to meet growing demand and worry what will happen if trade frictions aren't resolved soon.
McNally Smith's bankruptcy closes major sale, but students and faculty owed money still in limbo
The mortgage holders on the downtown St. Paul school building are almost certain to get the building. But that doesn't mean students and faculty members owed money will get much, if anything, out of the liquidation of the music college.
Residents want extra scrutiny on proposed Fillmore County sow farm
Residents are concerned about manure leaking into groundwater, which people rely on for their drinking water. Several of those opposed to the farm have private wells, some of which already have high nitrate levels from farm runoff.
For Independence Day fireworks, U.S. depends on China
Nearly all the fireworks Americans will use to celebrate this Fourth of July are imported from China. But the domestic fireworks business is still booming.
Trump orders U.S. flags lowered to honor slain journalists
Annapolis Mayor Gavin Buckley says President Trump denied his request for the proclamation meant to show respect for four journalists and a sales assistant killed at The Capital newspaper last week.
Bye-bye starter homes: Builders not meeting biggest need in Twin Cities housing market
For years, the costs of building a house have risen faster than people's incomes. That's true in Minnesota and across the country. Today, the gap between building costs and wages is so wide that Twin Cities developers say they can no longer build single family houses that average families can afford.