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Business and Economic News

Dick's Sporting Goods ends sale of assault-style rifles, citing Florida shooting

Dick's Sporting Goods ends sale of assault-style rifles, citing Florida shooting

CEO Ed Stack announced Wednesday that the national retailer is also banning the sale of all guns to customers under the age of 21. The company is one of the country's largest sports retailers.
by Colin Dwyer

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Cabs: 'We're not dead yet'

Cabs: 'We're not dead yet'

Uber and Lyft, the lightly regulated ride services, have captured a lot of business from cabs. But cab companies insist they're not kaput.
by Martin Moylan

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Major wage hike gets skeptical reception among St. Paul business leaders

Major wage hike gets skeptical reception among St. Paul business leaders

St. Paul city leaders are weighing a minimum wage hike this year, potentially joining Minneapolis and a handful of other cities moving toward a $15 an hour standard.
by Tim Nelson

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DOJ to support lawsuits against companies selling opioids

DOJ to support lawsuits against companies selling opioids

The Justice Department says it will support local officials in hundreds of lawsuits against manufacturers and distributors of powerful opioid painkillers.
by The Associated Press

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As milk prices decline, worries about dairy farmer suicides rise

As milk prices decline, worries about dairy farmer suicides rise

The nation's dairy farmers are facing their fourth year of depressed milk prices. The outlook is so bleak, it's increased worries about farmer suicides. One recent outreach effort drew criticism.

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Challenge to Murdoch: U.S. giant Comcast also bids for Sky

Challenge to Murdoch: U.S. giant Comcast also bids for Sky

Comcast, the owner of NBC and Universal Pictures, has launched a bid for European pay TV broadcaster Sky that threatens to thwart a rival offer by media mogul Rupert Murdoch' 21st Century Fox.
by Associated Press

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FedEx bucks corporate trend, sticks with NRA

FedEx bucks corporate trend, sticks with NRA

While more than a dozen major U.S. companies have ended business partnerships with the National Rifle Association, FedEx says it's sticking with the group and has not asked to be removed from the NRA website where members are offered corporate discounts.
by Associated Press

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Georgia GOP leader threatens Delta over cutting its NRA ties

Georgia GOP leader threatens Delta over cutting its NRA ties

Delta is part of a growing chorus of businesses cutting ties with the NRA after the Florida school shooting. But now the airline is coming under attack, with Georgia's lieutenant governor threatening a sales tax exemption making its way through the legislature.
by The Associated Press

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Automakers say Trump's Anti-NAFTA push could upend their industry

Automakers say Trump's Anti-NAFTA push could upend their industry

As the administration seeks to redo the North American Free Trade Agreement, the industry is watching the talks closely. Automakers say changes could drive up costs, making them less competitive.
by Sonari Glinton

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