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Business and Economic News

Congress clears temporary spending bill to avert shutdown

Congress clears temporary spending bill to avert shutdown

The Republican-led House narrowly passed a temporary spending bill to avert a government shutdown Thursday, doing the bare minimum in a sprint toward the holidays and punting disputes on immigration, health care and national security to next year.
by The Associated Press

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State: Over $1B likely needed in PolyMet 'financial assurance'

State: Over $1B likely needed in PolyMet 'financial assurance'

Minnesota officials gave their first indication of the potential amount of environmental liability Minnesota's first ever copper-nickel mine could leave behind.
by Dan Kraker

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Mayo blocks striking union workers from returning to work

A couple dozen workers were turned away from Mayo Clinic's Albert Lea facility on Tuesday following a one-day strike over stalled contract negotiations.
by Mark Steil

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Watch: Trump celebrates legislative win after Congress passes $1.5 trillion tax cut bill

Watch: Trump celebrates legislative win after Congress passes $1.5 trillion tax cut bill

The House gave final approval to the Republican bill to cut taxes, after a procedural hiccup in the Senate on Tuesday forced a repeat vote. It marks the GOP's first major legislative victory of 2017.
by Danielle Kurtzleben and Arnie Seipel

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General Mills meets 2Q profit forecasts

General Mills meets 2Q profit forecasts

General Mills Inc. on Wednesday reported fiscal second-quarter profit of $430.5 million.
by The Associated Press

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The McNally Smith shutdown: 6 questions and answers on the school's finances

The McNally Smith shutdown: 6 questions and answers on the school's finances

The expected shutdown of the McNally Smith College of Music caught students, faculty, staff and many others by surprise, and has left them wondering about payrolls that haven't been met, advance tuition payments that have been made and other financial matters.
by Martin Moylan

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