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Business and Economic News

Health insurers' safety net is at risk. Here's why that matters

Health insurers' safety net is at risk. Here's why that matters

Gov. Dayton and state lawmakers are waiting for a federal waiver to implement their reinsurance plan -- but an announcement this week concerning federal funding has complicated matters. Here's what you need to know.
by MPR News Staff

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Equifax breach puts credit bureaus' oversight in question

Equifax breach puts credit bureaus' oversight in question

The day that Equifax said millions of Americans' personal information had been exposed, lawmakers were considering legislation the industry favored. Now, some are calling for tougher regulation.

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Equifax confirms another 'security incident'

Equifax confirms another 'security incident'

Equifax is already struggling to retain public trust after it waited at least a month to disclose a cyberattack that potentially impacted the personal information of millions of people.

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How healthy are Minnesota's pension plans?

Changes in how promised benefits are calculated showed that Minnesota has only 53 percent of what it needs to reimburse public employees, according to Bloomberg.
by Tom Weber

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State appeals court won't block Minneapolis sick-time ordinance

The court declined to suspend a city ordinance requiring employers provide time off for employee illness or emergency. It did allow a temporary injunction barring Minneapolis from enforcing the ordinance for employers based outside the city.
by Brian Bakst

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Rolling Stone magazine is put up for sale

Rolling Stone magazine is put up for sale

Wenner Media, the company founded by Rolling Stone publisher Jann Wenner, cites a desire "to best position the brand for future growth."

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Target flips on the background music. Will shoppers turn up the volume?

Target flips on the background music. Will shoppers turn up the volume?

For years, the Minneapolis-based retail giant kept overhead background music out of most of its stores. But that's changing as it moves ahead with a massive store remodeling project and tries to revive flagging sales.
by Martin Moylan

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Draft permit signals DNR is OK with Polymet dam plan

The state Department of Natural Resources has released a draft permit for the massive earthen dam PolyMet Mining is proposing to build to hold back millions of gallons of waste rock and water at its proposed copper-nickel mine in northeast Minnesota.
by Dan Kraker

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'Engineering marvel': New bridge brings excitement to the Iron Range

'Engineering marvel': New bridge brings excitement to the Iron Range

The new 200-foot tall U.S. Highway 53 bridge over an abandoned iron ore pit next to the city of Virginia is the tallest in the state. It was built to make away for the expansion of a nearby operating taconite mine.
by Dan Kraker

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