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Business and Economic News

Starkey ends discount program with NRA

Eden Prairie-based Starkey Hearing Technologies decided not to renew its discount program with the National Rifle Association, amid public push back by some against the gun rights organization
by MPR News Staff

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NRA, Florida face backlash after latest school shooting

NRA, Florida face backlash after latest school shooting

A growing number of large companies have announced they are cutting or reducing ties with the NRA. The State of Florida was also facing a potential boycott and backlash as well.
by Associated Press

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St. Paul business exec, philanthropist John Nasseff dies at 93

St. Paul business exec, philanthropist John Nasseff dies at 93

The son of Lebanese immigrants, Nasseff parlayed a ninth grade education into a job as a vice president at what was then West Publishing.
by Tim Nelson

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Newly pet-friendly General Mills spends $8B on Blue Buffalo

Minneapolis-based General Mills said once the transaction closes, Blue Buffalo will be run as a new pet operating segment. Blue Buffalo is expected to keep its Wilton, Conn., headquarters.
by The Associated Press

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Co-op chaos: Provision from tax bill has farmers, companies scrambling

The last minute addition to the tax bill was supposed to continue an existing tax break that benefited cooperatives. But the result, which lawmakers say was unintended, is a big tax advantage for farmers who sell grain to a cooperative instead of a private company.
by Dan Gunderson

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A top Ford executive leaves after 'inappropriate behavior'

A top Ford executive leaves after 'inappropriate behavior'

North America President Raj Nair is leaving the company effective immediately, according to a corporate statement -- it didn't specify what led to his departure. A replacement has not yet been named.
by Doreen McCallister

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Landlord battles haunt Twin Cities low-income renters

Landlord battles haunt Twin Cities low-income renters

Past problems with a landlord don't die easily. They can make it nearly impossible for some to find affordable housing quickly. That's especially true for would-be renters in a tight rental market with "UDs" on their record.
by Max Nesterak

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Mayo Clinic CEO stepping down after 28 years with health system

Mayo Clinic CEO stepping down after 28 years with health system

Dr. John Noseworthy has led Mayo through challenging times that included the Great Recession, skyrocketing health care costs, the Affordable Care Act and the launch of the ambitious economic development project known as the Destination Medical Center.
by Martin Moylan

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