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Business and Economic News

Minneapolis metal recycler plans move to Becker

Minneapolis metal recycler plans move to Becker

A scrap metal recycler with a history of air pollution problems in north Minneapolis could relocate 50 miles northwest to the city of Becker as soon as this summer.
by Kirsti Marohn

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Student loan company tells 16,500 borrowers of data breach

Access Group Education Lending said in a letter to those affected that the data breach happened on March 23 when one of its vendors sent out files to another business. The business was not identified, but has been described as a student loan lender.
by Amy Forliti, Associated Press

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Amazon reports huge quarterly profits, hikes Prime membership fee

Amazon reports huge quarterly profits, hikes Prime membership fee

Amazon's first quarter sales reached $51 billion, a 43 percent increase over last year. Its net income was $1.6 billion. Amazon also increased its annual Prime membership fee to $119 a year from $99.
by Doreen McCallister

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Former NBC correspondent accuses Tom Brokaw of sexual misconduct

Former NBC correspondent accuses Tom Brokaw of sexual misconduct

Linda Vester, who worked for a decade at NBC before moving to Fox News, says the legendary news anchor groped her and forcibly tried to kiss her on two separate occasions in the 1990s.
by Tanya Ballard Brown and Scott Neuman

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The implications of the oil and gas boom

The implications of the oil and gas boom

Neal Conan asks about the trade-offs in the oil and gas glut, about how it changes politics around the world, and whether it will delay any transition to clean sources of energy.

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Ford to phase out 'Traditional Ford Sedans' like Fusion and Taurus in the U.S.

Ford to phase out 'Traditional Ford Sedans' like Fusion and Taurus in the U.S.

Ford Motor Co. reported a $1.7 billion profit for the first quarter, but it's planning big changes -- such as phasing out nearly all of its cars in favor of trucks and SUVs.

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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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