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Business and Economic News

House backs $4T budget, faces challenges on Trump tax plan

House backs $4T budget, faces challenges on Trump tax plan

Republicans powered a $4 trillion budget through the House on Thursday by a razor-thin margin, a close vote underscoring the difficulties that lie ahead in delivering President Donald Trump's promise to cut taxes.
by The Associated Press

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Intermedia Arts puts its building up for sale

The organization, which has offered programs and a venue to underserved communities, laid off its staff last month.
by Euan Kerr

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Monsanto attacks scientists after studies show trouble for its new weedkiller

Monsanto attacks scientists after studies show trouble for its new weedkiller

Scientists are accusing the seed-and-pesticide giant Monsanto of denying the risks of its latest weedkilling technology. Monsanto has responded by attacking some of its scientific critics.
by Dan Charles

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St. Paul joins Minneapolis in approving Airbnb regs

St. Paul joins Minneapolis in approving Airbnb regs

The St. Paul City Council on Wednesday approved regulations governing home sharing services like Airbnb and VRBO. They'll take effect in about a month.
by MPR News Staff

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Top House tax writer won't rule out changes to 401(k) plans

Top House tax writer won't rule out changes to 401(k) plans

With 55 million U.S. workers holding some $5 trillion in their 401(k) accounts, the plans have become a touchstone of retirement security for the middle class.
by The Associated Press

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Best Buy expands after-school tech program

Best Buy expands after-school tech program

The centers, hosted by nonprofit organizations with strong financial support from Best Buy, let underprivileged teens explore technology such as robotics and 3-D printing.
by The Associated Press

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Amid GMO strife, food industry vies for public trust in CRISPR technology

Mushrooms that don't brown? Pigs resistant to diseases? Though the process does not introduce foreign genetic material into food or livestock, getting consumers to buy in will be an uphill battle.
by Kristofor Husted

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Senate kills rule on class-action suits against financial companies

Senate kills rule on class-action suits against financial companies

The rule, released by the Consumer Financial Protection Bureau in July, was aimed at "forced arbitration" clauses in consumer agreements with banks and credit card companies.
by Chris Arnold

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