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Business and Economic News

Hotly anticipated northern Minn. wood siding plant delayed

Hotly anticipated northern Minn. wood siding plant delayed

Louisiana Pacific, which last year announced the purchase of a former mill in Cook, Minn., to expand its thriving engineered wood siding business -- now says it will first convert a mill the company operates in British Columbia to make siding.
by Dan Kraker

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Kellogg to cut 200 jobs in St. Paul metro

Kellogg to cut 200 jobs in St. Paul metro

The food company says it'll eliminate the positions in July and August at its Vadnais Heights distribution center.
by Matt Sepic

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MN appeals court backs new owners of St. Anthony mobile home park

MN appeals court backs new owners of St. Anthony mobile home park

Residents of Lowry Grove had argued state law gave them the right to buy the property and keep the park open. The court dismissed the claim but said residents may be entitled to more money.
by Euan Kerr

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Have the 'miserable' airlines finally reached a tipping point?

Have the 'miserable' airlines finally reached a tipping point?

"We're a bunch of tuna crammed into a can and it's miserable," said one traveler. Now, airlines hope they can get past the perception that they put profit over passenger comfort.
by David Schaper

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As coal jobs decline, solar sector shines

As coal jobs decline, solar sector shines

The loss of jobs has stung as the coal industry has declined. Renewable power -- especially solar -- is now where the jobs are. Solar jobs outnumber those in coal, but coal jobs pay more.
by Reid Frazier

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Jared Kushner's sister woos China's 'golden visa' investors

The pitch seeks to raise funds from Chinese investors through the U.S. government's EB-5 visa program, which allows permanent U.S. residency for those who finance projects that create a certain amount of jobs.
by Associated Press

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Delta apologizes to family that was kicked off a plane over a toddler's seat

Delta apologizes to family that was kicked off a plane over a toddler's seat

Delta is the latest airline to face fallout from an on-plane dispute, after a family that was forced off of an overnight flight from Maui to California posted video that saw the crew say agents would put the parents in jail and place their children in foster care.

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April jobs report: 211,000 jobs added, unemployment at 4.4 percent

April jobs report: 211,000 jobs added, unemployment at 4.4 percent

In April, some of the biggest job gains came in leisure and hospitality, health care and social assistance, financial activities, and mining, the agency says.

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Republicans scrap rule for small-business retirement plans

Republicans scrap rule for small-business retirement plans

The Obama-era policy allowed states to offer retirement savings plans. Retiree and worker protection groups say the state-designed plans benefit employees of small businesses that lack 401(k) plans.
by Chris Arnold

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