Business and Economic News

Congressional Republicans and President Trump are pushing for tax reform this fall. But do tax cuts translate to economic growth? Bruce Bartlett, domestic policy adviser to President Ronald Reagan, says the gospel of trickle-down growth just doesn't hold up.
Becoming two separate and publicly traded companies, Honeywell said Tuesday, are its homes product portfolio and ADI global distribution business, along with its transportation systems business.
A consultant for the North Dakota Public Service Commission is arguing against the separation, saying there would be "no long-term benefits" for North Dakota, only a "substantial likelihood" of higher costs for customers.
ESPN anchor Jemele Hill targeted Jerry Jones after the Dallas Cowboys owner stated that players who disrespect the flag would not play for his team.
The head of the Royal Swedish Academy of Sciences says the committees that choose Nobel Prize winners will meet this winter to discuss gender and ethnic diversity issues in the prestigious awards.
Nobel goes to American Richard Thaler for work in behavioral economics
The Swedish Academy said it was awarding Thaler the prize for his pioneering work in incorporating "psychologically realistic assumptions into analyses of economic decision-making."
Hurricane Maria's devastation of Puerto Rico will cost Medtronic $250 million because of damage to key manufacturing operations on the island.
On infrastructure, now what? Trump's turn away from public-private model brings uncertainty
With private money at a record level and projects ready to go, the president decides the partnerships are "more trouble than they're worth," leaving states to make their own deals with investors and to hope for federal funding.
The fallout of the Equifax data breach
Two guests join MPR's Tom Weber to talk about the Equifax data breach and what to do if your personal information was compromised.