Business and Economic News

Minn., N.D. governors seek common ground on flood control
Mark Dayton and Doug Burgum have spoken twice since a federal judge stopped construction of the $2.2 billion Red River diversion, and they're hoping to resolve the dispute together.
Trump, GOP tax plan would cut rates for many Americans
The plan is sweeping in scope but omits critical, controversial details that are likely to take months to work out in a bitterly divided, GOP-led Congress.
The next big thing in beer is being a small taproom
The explosion of these cozy craft breweries has happened as states relax laws to allow them direct-to-consumer retail rights, meaning the majority of their revenue no longer has to come from food.
St. Cloud to debate raising legal tobacco age to 21
The St. Cloud City Council set a public hearing on a proposed ordinance that would make it illegal to sell tobacco to anyone under age 21. A move supported by an organization called Crave the Change, but not St. Cloud Mayor Dave Kleis.
Xcel Energy announces plans for new South Dakota wind farm
Xcel says the Dakota Range I and II project puts the company on pace to be the first U.S. utility to surpass 10,000 megawatts of wind on its system, which it says would be more than enough energy to power every home in Minnesota and Wisconsin.
Trump's tax plan: business owners win, deficit hawks lose
President Trump and congressional Republicans are proposing a far-reaching plan to cut taxes for individuals and corporations, simplify the tax system and nearly double the standard deduction used by most Americans.
Booming wolf population puts wildlife experts on notice
With Minnesota's wolf population estimated to be on the rise, some wildlife managers are concerned about these same wolves targeting domestic animals for food.
GOP, White House prepare to roll out tax cuts
The White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the levy for the wealthiest Americans, with President Trump ready to roll out the policy proposal at midweek.