Business and Economic News

Rochester's affordable housing shortage threatens job growth
Rochester's ambitious plan to grow into a thriving metropolis is threatened if the city doesn't solve one of its biggest current problems -- a housing shortage.
An Indiana senator and longtime critic of outsourcing jobs to foreign countries announced Friday that he's selling his stock in his brother's arts and crafts company after The Associated Press reported it manufactures some products in Mexico.
The exact amount of the credit for residential customers has yet to be determined, but the Public Service Commission estimates it would work out to an average of about $11.
Glory days over for Minnesota's historic music studios?
Minnesota's long enjoyed a reputation as one of the best spots off the coasts to tap music production talent and technology. But that legacy industry is facing immense competitive pressure as the business changes.
From Target, some encouraging news
Target expects a modest increase in sales at existing stores, reversing four consecutive quarters of declines for that measure.
Trump denies disaster declaration for Dakota Access pipeline
The Trump administration has denied a request from Republican North Dakota Gov. Doug Burgum for a "major disaster declaration" to help cover some of the estimated $38 million cost to police protests of the Dakota Access pipeline.
MPR 50th anniversary: Live broadcast from Ely, Minn.
A special MPR 50th anniversary broadcast live from Ely with Minnesota Public Radio News host Tom Weber.
Marijuana shortage prompts emergency in Nevada; tax officials weigh changes
After a booming first week of legal retail sales, Gov. Brian Sandoval endorsed a statement of emergency and regulators are looking to boost distribution.