Business and Economic News

State: Over $1B likely needed in PolyMet 'financial assurance'
Minnesota officials gave their first indication of the potential amount of environmental liability Minnesota's first ever copper-nickel mine could leave behind.
A couple dozen workers were turned away from Mayo Clinic's Albert Lea facility on Tuesday following a one-day strike over stalled contract negotiations.
Watch: Trump celebrates legislative win after Congress passes $1.5 trillion tax cut bill
The House gave final approval to the Republican bill to cut taxes, after a procedural hiccup in the Senate on Tuesday forced a repeat vote. It marks the GOP's first major legislative victory of 2017.
General Mills meets 2Q profit forecasts
General Mills Inc. on Wednesday reported fiscal second-quarter profit of $430.5 million.
The McNally Smith shutdown: 6 questions and answers on the school's finances
The expected shutdown of the McNally Smith College of Music caught students, faculty, staff and many others by surprise, and has left them wondering about payrolls that haven't been met, advance tuition payments that have been made and other financial matters.
Opponents of the GOP's new tax plan are ramping up protests as they urge lawmakers to abandon the bill, and many are getting arrested in the process.
GOP on the verge of huge tax overhaul -- with one hiccup
In a last-minute glitch, Democrats said three provisions in the bill, including one that would allow parents to use college savings accounts for home-schooling expenses for young children, violate Senate budget rules.
Mayo hired replacement workers for the strikers under a one-week contract. So most union members will not be able to return to work until Dec. 26. The union calls that a lockout.