Business and Economic News

Stephen Curry puzzled over mention in GOP tax proposal
Accompanying the 429-page bill unveiled Thursday were talking points for Republicans that included language comparing Curry's income to "the pass-through business income of Steve's Bike Shop."
U of M low-wage workers authorize strike, but negotiations continue
A union representing about 1,500 hourly wage workers have authorized a strike, after they say negotiations with the U have stalled. The two sides plan to meet with a state mediator Nov. 27.
Construction begins on medical innovation hub in Rochester
Discovery Square is a cornerstone of the Destination Medical Center economic development project, a 20-year plan to transform Rochester and the surrounding economy.
Mall of America to close again Thanksgiving Day, reopen Black Friday
Officials at the nation's largest mall say they'll continue a tradition started last year to give the holiday back to its 15,000 employees, although stores will have the option of opening.
The drop in the number of licensed providers is most prevalent rural Minnesota, but day care centers say the cost of starting a business is too expensive and fraught with regulations.
GOP tax plan would slash corporate rate, help wealthiest
House Republicans would preserve the popular retirement account for middle-class Americans while limiting a cherished deduction for homeowners in a sweeping tax cut plan unveiled Thursday that would add $1.5 trillion to the nation's debt.