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Business and Economic News

Winona-based Watkins could have a mystery buyer

The nationally known maker of lotions, toiletries and cooking spices employs hundreds in Minnesota. Court filings stemming from the divorce proceedings of Watkins' CEO indicate at least parts of the company could be sold.
by Brian Bakst

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Anonymous alumni commit $40 million to Gustavus Adolphus

It's the largest-ever donation to Gustavus Adolphus College and one of the largest ever made to a Minnesota college. The St. Peter school said the money will go to scholarships and to renovating its science building.
by MPR News Staff

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After Supreme Court victory, peat mine proposal's fate in DNR's hands

A site where Hawkes Company hopes to mine peat has been deemed to have high biodiversity significance, meaning it would need to be restored to equivalent or better habitat.
by Dan Gunderson

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Recruiters use 'geofencing' to target potential hires where they live and work

Recruiters use 'geofencing' to target potential hires where they live and work

Geofencing sets up virtual boundaries to enable tracking of mobile devices in an area. It can be used to send coupons to customers. Now some employers are using it to target and recruit workers.
by Yuki Noguchi

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Trump pledges $50 million to help women entrepreneurs

Trump pledges $50 million to help women entrepreneurs

President Donald Trump said Saturday the U.S. would contribute $50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support.
by Associated Press

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United apologizes as another passenger loses seat, this one a toddler

United apologizes as another passenger loses seat, this one a toddler

Shirley Yamauchi had to hold her 2-year-old on a flight from Houston to Boston, despite having bought him a ticket. United Airlines said it failed to properly scan the boy's boarding pass.

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How to see if home prices are rising or falling where you live

How to see if home prices are rising or falling where you live

In much of the U.S., the housing crash hangover lingers. New tabulation of home price data lets you zoom in on hundreds of metro areas and counties around the country.
by Chris Arnold

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222,000 jobs added to U.S. payrolls in June; unemployment rate rises to 4.4 percent

222,000 jobs added to U.S. payrolls in June; unemployment rate rises to 4.4 percent

The U.S. economy added jobs in in health care, social assistance, financial activities, and mining, according to the monthly report released by the Bureau of Labor Statistics Friday morning.

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