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Business and Economic News

$3.8 billion Dakota Access oil pipeline begins service

$3.8 billion Dakota Access oil pipeline begins service

The $3.8 billion Dakota Access pipeline began shipping oil for customers on Thursday, as Native American tribes that opposed the project vowed to continue fighting.
by The Associated Press

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Top 20 percent of Americans 'hoard the American dream'

Top 20 percent of Americans 'hoard the American dream'

Richard V. Reeves, author of the book "Dream Hoarders," argues that the wealthiest 20 percent of Americans unfairly grab opportunities for themselves and their children.
by Steve Inskeep

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Minneapolis plastic bag ban halted by state lawmakers

Minneapolis plastic bag ban halted by state lawmakers

The ordinance, initially passed last spring, was blocked when Gov. Mark Dayton signed a jobs bill this week with a provision preempting cities like Minneapolis from banning plastic bags.
by Brandt Williams

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Shareholders push Exxon to disclose business impact of fighting climate change

Shareholders push Exxon to disclose business impact of fighting climate change

In a victory for environmental activists, investors have passed a non-binding proposal calling for Exxon Mobil to publicly examine how efforts to cut greenhouse gases would affect its bottom line.

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Transportation secretary urges drone industry to engage public

Transportation secretary urges drone industry to engage public

U.S. Transportation Secretary Elaine Chao told attendees at a Fargo drone conference Wednesday they must do a better job of engaging the public about safety, security and privacy issues.
by Dan Gunderson

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Three Mile Island nuclear power plant to shut down in 2019

Three Mile Island nuclear power plant to shut down in 2019

The company that owns the Three Mile Island nuclear plant, site of the worst nuclear disaster in U.S. history, says the facility will be closed unless the state of Pennsylvania decides to bail it out.

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CBS' Scott Pelley out as evening news anchor, shifted to '60 Minutes'

CBS' Scott Pelley out as evening news anchor, shifted to '60 Minutes'

It's unclear how fully Pelley embraced the plan or its timing. His newscast lost 9 percent of its audience from a year ago, despite high interest in the news. CBS has not announced a replacement.

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Storied Worthington newspaper cuts back to twice weekly

Storied Worthington newspaper cuts back to twice weekly

Today's Worthington Daily Globe is the last daily edition from the southwest Minnesota prairie's paper. Amid continuing financial struggles for newspapers, the Globe is cutting its print publication to twice a week.
by Mark Steil

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Appeals court: Counties don't have to hire Otto's office for MN audits

Appeals court: Counties don't have to hire Otto's office for MN audits

The decision turns back a challenge by State Auditor Rebecca Otto to a 2015 law giving counties more power to use private firms for financial reviews. Otto said she'll appeal to the Minnesota Supreme Court.
by Brian Bakst

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Sports writer loses job over tweet on Japanese Indy winner

Sports writer loses job over tweet on Japanese Indy winner

A veteran sports writer is no longer working with The Denver Post after he posted on Twitter that he was "uncomfortable with a Japanese driver winning the Indianapolis 500 during Memorial Day weekend.
by The Associated Press

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