Business and Economic News

Mille Lacs Lake walleye closure extended until Aug. 11
The decision means walleye fishing on Mille Lacs will remain closed until Friday, Aug 11. The lake will then reopen to catch-and-release-only fishing for walleyes through the Labor Day weekend, when the season will close again through Nov. 30.
What's it really like to work in a prison goat milk farm? We asked inmates
Whole Foods has been forced to stop selling goat cheese made from milk that came from a prison farm, where inmates work for less than a dollar an hour. Yet the inmates themselves aren't complaining.
Elon Musk says he has 'verbal' OK to build N.Y.-D.C. Hyperloop
There's still much to do before getting formal approval, the entrepreneur adds. Hyperloop has the goal of reaching speeds of more than 700 mph, using magnetic levitation in a vacuum environment.
Exxon fined $2M for Tillerson-era breach of Russia sanctions
The Treasury Department that Exxon under Tillerson's leadership had shown "reckless disregard" for sanctions that the Obama administration imposed on Russian entities in 2014 over Russia's annexation of Crimea.
Minn. jobless rate steady at 3.7 percent in June; 4,400 jobs added
State officials said Minnesota's unadjusted job count passed 3 million for the first time ever in June. The unemployment rate remains significantly below the U.S. rate.
The federal commission that oversees gas pipelines told Dallas-based Energy Transfer Partners last week to clean up its mess before it will allow the Rover Pipeline to flow.
Trump's third home away from home to cost taxpayers millions
Bedminster, the New Jersey town that President Trump often visits, has been designated an official presidential residence and will receive $41 million in federal funds to help cover security costs.
State investigating Monsanto weed killer after farmers' complaints
Minnesota farmers have joined hundreds in the southern U.S. who allege that the weed killer dicamba is drifting, hurting non-resistant fields.
BBC special: The Rise of the Robots
The promise and peril of robots. The world's most prominent physicist said the rise of artificial intelligence could be the best thing, or the worst thing, for humanity. Tesla CEO Elon Musk described artificial intelligence as a potential "existential threat" to human civilization.