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Business and Economic News

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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After alert on Russian hacks, bigger push to protect power grid

After alert on Russian hacks, bigger push to protect power grid

Homeland Security and the FBI have blamed Russia for a series of cyberattacks on U.S. power plants. The industry is stepping up efforts to protect the electric grid.
by Marie Cusick

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FAA orders inspections of engine type that blew apart on Southwest flight

FAA orders inspections of engine type that blew apart on Southwest flight

The Federal Aviation Administration says CFM engines, which power many Boeing 737s, need to be ultrasonically inspected after a certain number of takeoffs and landings.

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