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Business and Economic News

Enbridge argues Line 3 oil pipeline needed for Minnesota, region

Enbridge argues Line 3 oil pipeline needed for Minnesota, region

Enbridge called the state's previous analysis "flawed" and said its proposed Line 3 pipeline project is needed to ensure the future energy supply of Minnesota and the Midwest.
by Dan Kraker

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Expectations of tax shakeup low as first vote nears

During a panel discussion Wednesday in Minnesota, state and national tax policy experts assigned long odds to sweeping tax changes.
by Brian Bakst

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A year after strike, Allina nurses seek mediation for new contract

A year after a contract settlement brought an end to a nurses strike at 5 Allina hospitals in the Twin Cities, the union is unhappy and seeking mediation.
by Mark Zdechlik

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Trump turns back to tax overhaul; pitch aimed at truckers

Trump turns back to tax overhaul; pitch aimed at truckers

The president has been traveling the country to promote a plan that would dramatically cut corporate tax rates from 35 percent to 20 percent, reduce the number of personal income tax brackets and boost the standard deduction.
by The Associated Press

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Op Ed: Tax cuts don't mean economic growth

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.
by Kerri Miller and Julia Franz

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Honeywell spins off more than $7B of its operations

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.
by The Associated Press

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Xcel Energy may split subsidiary for Minnesota, North Dakota

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.
by The Associated Press

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ESPN suspends anchor for breaking social media rules

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.
by The Associated Press

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For 2nd year, no women among Nobel winners

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.
by The Associated Press

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