Business and Economic News

Red Lake tribe pulls out of deal selling land to pipeline company
In a 5-3 vote, the tribal council opted to pull out of a deal the tribe approved in 2015, which called for Enbridge Energy to pay $18.5 million for less than a half acre of land.
Facebook rolls out new plan for news feed: More posts from friends and family
CEO Mark Zuckerberg says the social media giant wants to emphasize more "meaningful" content on users' feeds to "bring us closer together with the people that matter to us."
If you feel like you've seen a lot of restaurants closing around the Twin Cities lately, you're not wrong. But don't panic, it's a natural part of the restaurant industry cycle.
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.
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.
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.
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.
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.
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.