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Business and Economic News

What children in poverty could lose from the 'Big Beautiful Bill'

What children in poverty could lose from the 'Big Beautiful Bill'

Republicans want to change or reduce key social safety net programs that provide health care, food benefits and financial assistance for millions of children.
by Cory Turner

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National Loon Center to break ground on new facility in Crosslake

National Loon Center to break ground on new facility in Crosslake

The $18.5 million project has been a decade in the making. It will include a visitor center and space for research and education, and aims to teach people how to conserve freshwater ecosystems that are vital to loons’ health.
by Kirsti Marohn

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Juneteenth celebrations adapt after corporate sponsors pull support

Juneteenth celebrations have been scaled back this year due to funding shortfalls as companies and municipalities across the country reconsider their support for diversity, equity and inclusion initiatives.
by The Associated Press

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Nippon Steel finalizes $15B takeover of U.S. Steel after sealing national security agreement

Nippon Steel finalizes $15B takeover of U.S. Steel after sealing national security agreement

Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $15 billion.
by The Associated Press

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‘Labubu’ is a plush toy that is causing a frenzy. Here’s its origin story

‘Labubu’ is a plush toy that is causing a frenzy. Here’s its origin story

Labubus are a global sensation — sparking long lines outside toy stores, selling out online within minutes, and listing for double or triple their original price on resale markets. Here’s why.
by Juliana Kim

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Cub grocery store closes Uptown location in Minneapolis

Cub grocery store closes Uptown location in Minneapolis

Cub Foods abruptly closed its Uptown location for repairs over the weekend, with no reopening date announced.
by Jaylan Sims

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Data centers face new regulations, some worry they fall short of protecting water, residents

Data centers face new regulations, some worry they fall short of protecting water, residents

The largest “hyperscale” data centers can consume millions of gallons of water a year, and use as much electricity as an entire large city. Some environmental and citizen groups who pushed for tougher rules don’t think the bill goes far enough to protect the state’s water supply and consumers.
by Kirsti Marohn

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U.S. stocks edge lower as oil prices return to rising

U.S. stocks edge lower as oil prices return to rising

U.S. stocks are nudging lower, and oil prices are rising again. It’s a modest return to form for financial markets after worries had seemed to calm on Wall Street Monday, and the S&P 500 fell 0.3 percent Tuesday.
by The Associated Press

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This mother relies on SNAP to help feed her kids. Now, she’s bracing for cuts

This mother relies on SNAP to help feed her kids. Now, she’s bracing for cuts

Millions of people who use the food assistance program SNAP are facing changes: on what food they can buy, how much money they’ll receive or even if they’ll still qualify for the program.
by Katia Riddle

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