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Business and Economic News

Tax law gives unexpected break to farmers who sell to co-ops

Tax law gives unexpected break to farmers who sell to co-ops

Lawmakers say they didn't intend to give a competitive advantage to co-ops. But it's not clear they can rework the legislation given the partisan divide on Capitol Hill.
by The Associated Press

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Minnesota unemployment at 17-year low

Minnesota employers continued adding to their payrolls in December, with 8,900 new jobs, and the unemployment rate fell to its lowest level since July of 2000.
by Bill Catlin

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Minnesota doesn't make the cut for new Amazon HQ

Minnesota doesn't make the cut for new Amazon HQ

Minnesota didn't make the list of 20 finalists for Amazon's second headquarters, and the secretive nature of the state's proposal makes it hard to know why.
by Tim Pugmire

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Farmers struggling with low milk prices find little help from safety net

Farmers struggling with low milk prices find little help from safety net

Dairy farmers have been scraping by these last few years with milk prices in 2018 nearing a two-year low, and a protection program for dairy farmers has been a failure, some say.
by Mark Steil

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Apple banks on tax break to build 2nd campus, hire 20,000

Apple banks on tax break to build 2nd campus, hire 20,000

Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's new tax law.
by The Associated Press

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Free nitrate tests meet farmer resistance in Brown County

Free nitrate tests meet farmer resistance in Brown County

Brown County recently became the first Minnesota county not to accept the Department of Agriculture program after citizens voiced concerns that the data could be used to target farmers for additional regulations.
by Kirsti Marohn

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Panama Hotel votes to drop Trump -- but his company won't go

The owners of a Trump-branded hotel in Panama sued President Donald Trump's family-owned company in federal court Tuesday, alleging that the namesake business committed mismanagement and fraud.
by The Associated Press

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Rochester theater has new harassment policy, nine months after accusations

Some nine months after the Rochester Civic Theatre's executive director resigned amid allegations of unwanted sexual advances, the organization has a new harassment and discrimination policy.
by Riham Feshir

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Study: Leasing private Appleton prison would be costly

Along with the upfront cost of renovating the closed private prison in western Minnesota, the costs to operate it would be significantly higher than leasing space in county jails, according to a new report.
by Mark Steil

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