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Business and Economic News

Transit workers vote down contract, authorize Super Bowl strike

Twin Cities transit workers on Monday voted down a contract offer from the Metropolitan Council, and said they'll go on strike during the Super Bowl in early February if there's no deal by then.
by Matt Sepic

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Bipartisan analysis: Senate bill would hike taxes for 13.8 million

Bipartisan analysis: Senate bill would hike taxes for 13.8 million

Promoted as needed relief for the middle class, the Senate Republican tax overhaul actually would increase taxes for some 13.8 million moderate-income American households, a bipartisan analysis showed Monday.
by The Associated Press

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Minn. farmers' harvest hit hard by drifting weed killer

Minn. farmers' harvest hit hard by drifting weed killer

The controversial weed killer, dicamba, has cost Minnesota farmers millions of dollars this season. For many, there's no way to get compensated for their loss.
by Mark Steil

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11 Trade ministers reach deal on Pacific trade without U.S.

In a major breakthrough, trade ministers from 11 Pacific Rim countries said they reached a deal Saturday to proceed with the free-trade Trans-Pacific Partnership deal that was in doubt after President Donald Trump abandoned it.
by The Associated Press

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GOP tax cuts expected to push up nation's debt

GOP tax cuts expected to push up nation's debt

Both tax proposals in the House and the Senate would add about $1.5 trillion to the nation's deficit over the next 10 years. That's a big concern for many economists and some lawmakers.

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'Modern' streetcar plan drives discussion of disruption in St. Paul

'Modern' streetcar plan drives discussion of disruption in St. Paul

For decades, St. Paul and Ramsey County leaders have been trying to find a better transit link between downtown, the airport and the Mall of America. Now the Riverview Corridor Policy Advisory Committee appears ready to sign off on a "modern" streetcar concept along West 7th Street.
by Matt Sepic

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How managers can better deal with sexual harassment in the workplace

How managers can better deal with sexual harassment in the workplace

The biggest mistake employers can make when it comes to dealing with sexual harassment complaints is to not take action at all, said Penelope Phillips, an employment attorney who helps train managers on how to recognize and deal with harassment in the workplace.
by Laura Yuen

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Study backs getting driverless cars on the road, as Waymo ditches backup drivers

Study backs getting driverless cars on the road, as Waymo ditches backup drivers

A new study is bolstering the case for putting more autonomous vehicles on the road sooner rather than later — at the same time that self-driving cars are hitting a milestone in parts of the Phoenix metropolitan area.

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Capital One Financial cuts include 130 jobs in St. Cloud

A financial services processing center that has bolstered downtown St. Cloud is losing 130 jobs as part of wider cuts by Capital One Financial Corp.
by The Associated Press

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Chart: How the Republican tax overhaul would affect you

Chart: How the Republican tax overhaul would affect you

If you itemize, a new, higher standard deduction might make doing your taxes easier. If you run a "pass through" business, your life might be about to get more complicated.
by Danielle Kurtzleben

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