Business and Economic News

Republican tax bill drops controversial loan provisions
The updated version leaves in place the deduction for interest on student loans, according to two congressional aides. The bill also would no longer start taxing graduate-school tuition waivers.
Trump's 'closing argument' on taxes, annotated
As the House and Senate worked out their differences on tax overhaul, President Trump again made the argument for the legislation. Read his full remarks with context and analysis from NPR.
Sun Country Airlines being sold to NY investment firm
The Minnesota-based airline has a deal to sell itself to Apollo Global Management. Terms were not disclosed. The new owners are expected to keep the airline's headquarters in state.
Unhappy 10th anniversary, Great Recession. You still hurt us
The Great Recession began exactly one decade ago this month. Although the economy has been growing steadily for years, the downturn's impact is still deeply felt by millions who lost homes and jobs.
Variety reports Smiley had sexual relationships with subordinates who were afraid their jobs were on the line. Smiley is the second PBS talk show host suspended in the wake of misconduct allegations.
As 'net neutrality' vote nears, some brace for a long fight
As the federal government prepares to unravel sweeping net-neutrality rules that guaranteed equal access to the internet, advocates of the regulations are bracing for a long fight.
GOP says it's got a deal on taxes; cuts coming for next year
The legislation, which is still being finalized, would cut the top tax rate for the wealthy from 39.6 percent to 37 percent, slash the corporate income tax rate from 35 percent to 21 percent and allow homeowners to deduct interest only on the first $750,000 of a new mortgage.
The transit workers union has demanded higher pay and safety measures for bus drivers, among other things. The offer comes after months of state-led mediation between the union and the Metropolitan Council.
PolyMet offers state $544M if it couldn't pay for mine cleanup
The "financial assurances" package is a kind of damage deposit made to protect taxpayers from having to cover the costs of shutting down and cleaning up the proposed northern Minnesota mine.