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Business and Economic News

Line 3 oil pipeline environmental review released

The final environmental impact statement of the so-called "Line 3" project does not issue a final decision on whether the pipeline can be built.
by Dan Kraker

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MN jobless rate steady at 3.7 percent in July; 7,700 jobs added

MN jobless rate steady at 3.7 percent in July; 7,700 jobs added

Minnesota has added 66,701 jobs in the past 12 months, an increase of 2.3 percent, outpacing the national jobs growth rate in that time, state officials said Thursday.
by MPR News Staff

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Minnesota readies first inflation-adjusted minimum wage hike

In January, the floor wage for large employers will rise 15 cents to $9.65 per hour; small employers' minimum wage will run $7.87 an hour, the State Labor and Industry Department says.
by Brian Bakst

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Wisconsin Assembly set to approve $3 billion for Foxconn

The tax breaks up for a vote Thursday would be the largest in state history and the biggest to a foreign company in the U.S. The electronics giant is looking to build a massive display panel factory in the state.
by The Associated Press

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Trump increasingly isolated as business panels dismantled

Trump increasingly isolated as business panels dismantled

CEOs had been tendering their resignations from White House panels after the president lay blame for the violence at a white supremacist rally on "both sides."
by The Associated Press

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Duluth's aviation industry is soaring

Duluth's aviation industry is soaring

A new report from the Duluth International Airport shows the number of aviation-related jobs in the Duluth region grew by 39 percent over the past decade.
by Dan Kraker

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Trump ends manufacturing panel after 3M CEO exits

Trump ends manufacturing panel after 3M CEO exits

Shortly after Inge Thulin and Campbell Soup CEO Denise Morrison announced Wednesday they were following other prominent executives and leaving the president's Manufacturing Advisory Council, Trump said he was disbanding the panel.
by MPR News Staff

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They got hurt at work -- then they got deported

They got hurt at work -- then they got deported

A joint investigation by NPR and ProPublica shows how a loophole in Florida law has led to the arrest and even deportation of undocumented immigrants after they suffer legitimate injuries on the job.
by Howard Berkes and Michael Grabell

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Target says turnaround efforts are bringing shoppers back

Target says turnaround efforts are bringing shoppers back

Target reported a dip in second-quarter profit, but it was better than anticipated and a 32 percent spike in digital sales gains drove revenue higher.
by The Associated Press

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UnitedHealth CEO to step down after run of more than decade

UnitedHealth CEO to step down after run of more than decade

The company said David Wichmann will take over Sept. 1, and Stephen Hemsley will become executive chairman of the board. Current Chairman Richard Burke will become lead independent director.
by The Associated Press

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