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Business and Economic News

Wireless internet to the rescue? New tech could help close connectivity gap

Wireless internet to the rescue? New tech could help close connectivity gap

Google stunned the internet world in 2016 by investing in wireless internet technology and scaling back on its plans to connect customers with fiber optic lines. Wireless advocates say Minnesota should do the same.
by Mark Steil

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Stocks end tumultuous week on an up note

Stocks end tumultuous week on an up note

The Dow rebounded Friday, closing up more than 300 points. But the index lost about 5 percent for the week as the markets focused on inflation and ballooning government debt.
by Avie Schneider

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Tech firm's success may open doors for Twin Cities black entrepreneurs

Tech firm's success may open doors for Twin Cities black entrepreneurs

Clarence Bethea raised $1.7 million for his startup. He and others see his success as a roadmap for aspiring entrepreneurs of color who've typically struggled finding investors.
by Emma Sapong

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Still unclear whether paying property taxes early paid off

Still unclear whether paying property taxes early paid off

Many Minnesota homeowners rushed to pay this year's property taxes before the end of last year. They determined — despite a lack of guidance from state and federal tax authorities — that the early payments could save them serious money on their 2017 federal taxes.
by Martin Moylan

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Another rout in the stock market, as Dow drops more than 1,000 points

Another rout in the stock market, as Dow drops more than 1,000 points

Wall Street's roller coaster continued Thursday, with all the major stock indexes posting drops of more than 3 percent as concerns about higher interest rates took their toll.

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McNally Smith files for bankruptcy

McNally Smith files for bankruptcy

The music college abruptly closed after a two-year effort to convert from a for-profit into a nonprofit.
by Peter Cox

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Minneapolis adds 75 units of affordable housing near transit

Minneapolis adds 75 units of affordable housing near transit

A third of the units at the new EcoVillage apartments are set aside for people with very low incomes, primarily those who've recently left homeless shelters.
by Matt Sepic

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St. Paul teacher negotiations continue as strike looms

The union and the school district have reached tentative agreements on some issues, but many big-ticket items remain unresolved.
by Solvejg Wastvedt

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MPR executive assigned to supervise Live from Here

MPR executive assigned to supervise Live from Here

Tim Roesler will assume responsibilities for the show that succeeded Garrison Keillor's A Prairie Home Companion.
by Laura Yuen

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