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Business and Economic News

Where will homeless go when Twin Cities Super Bowl comes to town?

Where will homeless go when Twin Cities Super Bowl comes to town?

The Super Bowl will shine a spotlight on Minnesota and bring visitors to the Twin Cities. But there are concerns about what the big event may mean for homeless people.
by Mark Zdechlik

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Local governments won't say what they're offering Amazon

Local governments won't say what they're offering Amazon

Among the reasons they won't reveal tax breaks or other financial incentives they're offering: Such information is a "trade secret" and disclosing it would put them at a competitive disadvantage.
by The Associated Press

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Walmart boosts starting pay, closing dozens of Sam's Clubs

Walmart boosts starting pay, closing dozens of Sam's Clubs

The world's largest private employer said it was closing 63 Sam's Clubs over the next week, with some shut already. The news came the same day Walmart announced a boost to its starting salary for U.S. workers.
by The Associated Press

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Tribes try to exert more influence over federal farm bill

The Shakopee Mdewakanton Sioux Community is leading the first of its kind initiative to bring more farm bill funding to Indian Country. The lobbying effort is an outgrowth of programs to improve health and expand access to healthy food for Indian people.
by Dan Gunderson

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Immigration agents descend on 7-Eleven stores in 17 states

Immigration agents descend on 7-Eleven stores in 17 states

The so-called employment audits and interviews with store workers could lead to criminal charges or fines. After inspections, officials plan to look at whether the cases warrant administrative action or criminal investigations.
by The Associated Press

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Federal tax changes could have a big price tag in Minnesota

Federal tax changes could have a big price tag in Minnesota

Minnesota lawmakers will be under pressure this year to adjust state tax laws to reflect recent federal changes. If they don't, businesses and individuals will be in for significant tax increases rather than tax cuts.
by Tim Pugmire

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Minneapolis Fed proposes motivating big banks to split up

Minneapolis Fed proposes motivating big banks to split up

The risk of another 2008-like banking crisis could be dramatically reduced if large banks were required to keep much more loss-absorbing capital, Minneapolis Fed President Neel Kashkari says.
by Mark Zdechlik

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James Franco's New York Times talk canceled amid allegations

James Franco's New York Times talk canceled amid allegations

After he won a best actor Golden Globe on Sunday night, actress Violet Paley accused Franco on Twitter of sexual misconduct. Filmmaker Sarah Tither-Kaplan questioned Franco wearing a "Times Up" pin during the awards ceremony in a tweet about him having her do a nude scene for $100 per day.
by The Associated Press

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