Business and Economic News

October 11, 2017 11:57 AM

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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October 10, 2017 5:39 PM

Minneapolis City Council proposes ordinances on home-sharing

Members of the Minneapolis City Council say they want to embrace home-sharing, but they also want to impose some regulations.

by Brandt Williams

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October 10, 2017 2:27 PM

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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October 10, 2017 8:56 AM

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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October 9, 2017 4:23 PM

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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October 9, 2017 3:31 PM

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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October 9, 2017 8:32 AM

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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October 9, 2017 5:53 AM

Nobel goes to American Richard Thaler for work in behavioral economics

The Swedish Academy said it was awarding Thaler the prize for his pioneering work in incorporating "psychologically realistic assumptions into analyses of economic decision-making."