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Business and Economic News

White House: No exemptions from steel, aluminum tariffs

White House: No exemptions from steel, aluminum tariffs

White House says no countries would be excluded from steel and aluminum tariffs that were announced by the president last week
by Associated Press

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Food stall serves up a social experiment: White customers asked to pay more

Food stall serves up a social experiment: White customers asked to pay more

To highlight racial income disparity, a chef in New Orleans opened a food stall at which he asked whites to pay $30 and people of color to pay $12 for the same meal. How did it play out?
by Maria Godoy

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Trump's steel, aluminum tariffs could raise car, beer and candy prices

Trump's steel, aluminum tariffs could raise car, beer and candy prices

The move announced Thursday is intended to bolster the domestic steel and aluminum industry, but manufacturers that use imported metal are concerned about the consequences of the change.

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iHeartMedia, a major player in MN radio, mulls bankruptcy filing

Formerly known as Clear Channel Communications, iHeartMedia owns 11 Twin Cities and Rochester radio stations, including KDWB and KFAN. It is in dire financial straits.
by Martin Moylan

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Delta CEO insists "we are not taking sides" in US gun debate

Delta CEO insists "we are not taking sides" in US gun debate

Delta Air Lines showed no signs Friday of backing away from a decision to cancel discounts for the National Rifle Association, despite a revenge move by state leaders that deprived the airline of a significant tax break.
by Associated Press

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World Trade Organization warns that Trump risks trade war

The World Trade Organization warned Friday that U.S. President Donald Trump is risking an economically damaging trade war if he goes ahead with plans to impose steep tariffs on steel and aluminum imports.

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Uber, Lyft drivers earning a median profit of $3.37 per hour, study says

Uber, Lyft drivers earning a median profit of $3.37 per hour, study says

Researchers at MIT said 30 percent of Uber and Lyft drivers are actually losing money after taking car expenses into account, while most drivers earn less than minimum wage.

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South Korea shortens 'inhumanely long' workweek

South Korea shortens 'inhumanely long' workweek

"It is impossible to lead a happy life when long hours and overexertion become routine," President Moon Jae-in said recently. The country has one of the world's lowest birth rates.

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