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Business and Economic News

House passes GOP budget in key step for upcoming tax debate

House passes GOP budget in key step for upcoming tax debate

The plan, passed by a near party-line vote of 219-206, calls for more than $5 trillion in spending cuts over the coming decade, promising to slash Medicaid by about $1 trillion over the next 10 years.
by The Associated Press

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Judge: Wells Fargo executives, board must face lawsuit over fake accounts

Judge: Wells Fargo executives, board must face lawsuit over fake accounts

A federal judge said current and former Wells Fargo & Co officers and directors must face nearly all of a lawsuit by shareholders seeking to hold them personally liable for sales abuses and the creations of millions of unauthorized accounts.
by Reuters

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Ben & Jerry's signs deal to improve migrant dairy workers' conditions

Ben & Jerry's signs deal to improve migrant dairy workers' conditions

Farmworker advocacy group Migrant Justice and the behemoth ice cream company have been negotiating for two years to agree on a worker-led initiative that ensures "just and dignified" practices.
by Kathleen Masterson

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Equifax and Wells Fargo apologize to Congress; lawmakers not buying it

Equifax and Wells Fargo apologize to Congress; lawmakers not buying it

Equifax's former CEO Richard Smith and Wells Fargo CEO Tim Sloan both said "sorry" for the harm their companies have inflicted on consumers. But lawmakers scolded them in two different hearings.
by Marilyn Geewax

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As Super Bowl nears, controversy over Airbnb rules grows

As Super Bowl nears, controversy over Airbnb rules grows

As the Super Bowl gets closer, Minneapolis and St. Paul are shaping rules governing Airbnb and other short-term rentals. Critics say St. Paul's draft regulations go too far.
by Martin Moylan

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Notes from the field: Good reporting starts with listening

Notes from the field: Good reporting starts with listening

Reporter Elizabeth Dunbar has been covering the environment for several years, but she's trying a different approach for a project looking at the future of agriculture.
by Elizabeth Dunbar

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Entrepreneur brings his economic muscle back to north Minneapolis

Entrepreneur brings his economic muscle back to north Minneapolis

Richard Copeland transformed his one-man landscaping business into a multimillion-dollar construction firm. Now, he has a plan to break down some walls in Minnesota, and bring investment and jobs back to his neighborhood.
by Emma Sapong

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Clueless consumers motivate agriculture educators to reach more students

Clueless consumers motivate agriculture educators to reach more students

Too many consumers are ignorant about where their food comes from and what it takes to produce it, say Minnesota's agriculture educators. But they say there's hope as more schools start community gardens and expose kids to food production at an early age.
by Elizabeth Dunbar

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