Business and Economic News

August 7, 2017 10:50 AM

Fact check: Does the U.S. have the highest corporate tax rate in the world?

Yes, the U.S. does have the highest corporate tax rate ... but that doesn't mean businesses always pay it.

by Danielle Kurtzleben

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August 7, 2017 4:00 AM

Albert Lea smarting over Mayo shrinking hospital services

Mayo Clinic is stirring up controversy in Albert Lea by cutting back hospital services in the southern Minnesota city.

by Catharine Richert

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August 5, 2017 4:43 PM

Grocery stores draw millennials with in-store restaurants

While grocery stores had been losing customers to smaller markets and online shopping, "groceraunts" -- with seasonal menus and alcohol -- are luring back foot traffic to the old-school grocers.

by Kristofor Husted

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August 5, 2017 8:15 AM

Bankrupt archdiocese files objections to creditors' reorganization plan

The bankrupt Archdiocese of St. Paul and Minneapolis says the latest reorganization plan proposed for the church by creditors would strip it of all assets required to pursue the church's mission.

by Martin Moylan

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August 4, 2017 10:18 AM

Boeing Dreamliner crew draws enormous outline of their plane in the sky

A team test flying a Boeing 787-800 over North America decided to have some fun with their flight path. So over an 18-hour period, they drew an outline of the plane over 22 U.S. states.

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August 4, 2017 7:36 AM

Solid hiring in July cuts unemployment rate to 4.3 percent

U.S. employers added 209,000 jobs in July, a second straight month of robust gains that underscore the economy's vitality as it enters a ninth year of expansion.

by The Associated Press

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August 4, 2017 6:09 AM

Fact check: Have immigrants lowered wages for blue-collar American workers?

White House policy adviser Stephen Miller said the "numbers of low-skilled [immigrant] workers in particular is a major detriment to U.S. workers."

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August 4, 2017 6:04 AM

After health care collapse, GOP seeks redemption with tax cuts

Congressional Republicans are shifting their focus to legislation to overhaul the federal tax code. They want to send a bill to President Trump by Thanksgiving.

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August 3, 2017 6:39 PM

BWCA land swap environmental review released

The Superior National Forest has released the draft of a proposal it hopes will settle a 40-year old controversy over about 50 square miles of state school trust land trapped inside the federally controlled Boundary Waters Canoe Area Wilderness.

by Dan Kraker