Business and Economic News

Disney Animation, Pixar chief John Lasseter taking leave
In a vaguely-worded memo obtained by The Associated Press Tuesday, Lasseter says he knows he has made some employees feel disrespected and uncomfortable.
Lawsuit: 3M contamination led to more cancer, infertility
The filing alleges that 3M knew the groundwater was contaminated years before it stopped making perflourinated chemicals, known as PFCs, and that it withheld critical information from the U.S. Environmental Protection Agency.
Essentia fires nearly 50 workers for not getting flu shot
The Duluth-based health care system announced last month that employees would be required to get a flu shot, or receive a religious or medical exemption. Monday was the deadline to comply.
When creating more effective sexual harassment policies, trust is key
Most organizations these days have sexual harassment policies that they vow will be enforced with no retaliation for victims. That's the right thing to say, and hopefully do.
Rochester Art Center says it's turning finances around
Art center leaders said that layoffs this spring, an overhaul of expensive vendor contracts and other actions are improving finances.
Yellen resigns from Fed board after being passed over to keep top post
Janet Yellen says she'll step down from the Federal Reserve Board when her successor as chair is sworn in. Earlier this month, President Trump named Jerome Powell to be the next Fed chairman.
At flu shot deadline, hundreds of Essentia Health employees could lose jobs
Duluth-based Essentia Health changed its policy recently to require employees to get the vaccine. Essentia says the change is needed to protect patients, but many experts say the evidence isn't strong enough to make the shots mandatory.
Justice Department sues to block AT&T's merger with Time Warner
DOJ's case against the merger argues that the companies would control so much of both what people watch and how they watch it, that it could mean higher prices for both consumers and competitors.