Business and Economic News

Corporations to keep tax break lost by millions of Americans
Republicans are determined to overhaul the nation's tax system by year's end, offering a plan that lowers the corporate tax rate from 36 percent to 20 percent and reduces the number of tax brackets.
Minnesota submits low-budget bid for Amazon
Emails show state officials' concern with honoring Amazon's request for confidentiality, partisan sniping between the governor's office and the Legislature about how to do it and unease about upsetting some of Minnesota's largest businesses with a bid.
Drug companies make eyedrops too big, and you pay for the waste
When eyedrops dribble down your face, it's not your fault. Drugmakers have long known that their drops of medicine exceed the capacity of the human eye. Why didn't companies make the drops smaller?
'A major distraction': Is a mega-deal like Amazon's HQ2 always worth it?
Amazon's unmatched promise of 50,000 well-paying jobs has red carpets rolling out across the U.S. -- but also some soul-searching: How much should communities subsidize wealthy American corporations?
Denver failed to land Boeing. Now it's using lifestyle to woo Amazon
Boeing picked Chicago instead when it was looking for a new headquarters in 2001. This time around, Denver is pitching its quality of life to draw Amazon to build a new headquarters there.
The recall involves all model years 2014 through 2016 Polaris ACE 325 recreational off-highway vehicles. So far this year, the company has recalled a dozen vehicle models, along with some snowmobiles.
Dayton on Amazon headquarters bid: 'No gimmicks'
Minnesota intentionally steered clear of stunts as it put together a proposal to attract a major Amazon expansion, Gov. Mark Dayton said Tuesday.
Dow crosses another milestone, topping 23,000 for the first time
The Dow Jones industrial average topped 23,000 for the first time, crossing another milestone amid better-than-expected earnings reports and concerns that stocks are approaching another bubble.
JetBlue to launch flights from MSP starting in May
The low-fare carrier will start flying between Boston and Minneapolis-St. Paul on May 3. One-way fares starting at $89 go on sale today. Airport commission leaders have been trying to lure JetBlue here for years.
UnitedHealth beats 3Q earnings forecast, hikes 2017 guidance
UnitedHealth Groups' third-quarter earnings soared 26 percent to beat Wall Street expectations as its growing Optum business segment once again helped the nation's largest health insurer.