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Business and Economic News

GOP says it's got a deal on taxes; cuts coming for next year

GOP says it's got a deal on taxes; cuts coming for next year

The legislation, which is still being finalized, would cut the top tax rate for the wealthy from 39.6 percent to 37 percent, slash the corporate income tax rate from 35 percent to 21 percent and allow homeowners to deduct interest only on the first $750,000 of a new mortgage.
by The Associated Press

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Met Council hands over its last contract offer to transit workers

The transit workers union has demanded higher pay and safety measures for bus drivers, among other things. The offer comes after months of state-led mediation between the union and the Metropolitan Council.
by Peter Cox

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PolyMet offers state $544M if it couldn't pay for mine cleanup

PolyMet offers state $544M if it couldn't pay for mine cleanup

The "financial assurances" package is a kind of damage deposit made to protect taxpayers from having to cover the costs of shutting down and cleaning up the proposed northern Minnesota mine.
by Dan Kraker

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Target spends $550 million on same-day delivery firm

Target spends $550 million on same-day delivery firm

Target is paying more than half a million dollars to acquire a same-day delivery firm. It's the latest move to keep up with rival Amazon.com.
by Martin Moylan

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Prominent New York restaurateur accused of sexual misconduct

According to the report, several women who worked for Ken Friedman at the Spotted Pig restaurant said he regularly subjected them to unwanted sexual advances and groping.
by The Associated Press

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Ice and snow present 'exciting' challenges as MnDOT tests state's first autonomous bus

Ice and snow present 'exciting' challenges as MnDOT tests state's first autonomous bus

MnDOT is poised to roll out the state's first autonomous vehicle, a low-speed shuttle it has been testing near Monticello. Self-driving vehicles might still seem a distant possibility, but this one is expected to be on the move in Minneapolis before the Super Bowl in February.
by Tim Nelson

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Minnesota puts new restrictions on controversial herbicide

Minnesota puts new restrictions on controversial herbicide

The state is trying to prevent damage from dicamba, which can drift to neighboring fields and damage soybean crops.
by Mark Steil

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Parting Thoughts: Remembering Anita Buck, broadcast pioneer

Parting Thoughts: Remembering Anita Buck, broadcast pioneer

In the early 1950s, she became one of the few female announcers on the air when she was hired by Stillwater radio station WSHB. She hosted a number of programs on that station including "Story Time."
by Cathy Wurzer

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'On Point' radio host Ashbrook facing misconduct allegations

The allegations against Tom Ashbrook include engaging in "creepy" sex talks and unwanted hugs and neck and back rubs to other people associated with the show.
by The Associated Press

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