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Business and Economic News

5 things to know about Trump's delay of the financial adviser rule

5 things to know about Trump's delay of the financial adviser rule

Americans are losing billions of dollars from retirement accounts to excessive fees. The Obama administration passed a rule to stop that. But President Trump has delayed the rule.
by Chris Arnold

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Toyota plans $1.3 billion investment in Kentucky Plant

Toyota plans $1.3 billion investment in Kentucky Plant

The Georgetown, Ky., facility is Toyota's largest plant in the world. Toyota plans to invest $10 billion in the U.S. over the next five years.

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Wells Fargo claws back $75 million from top execs in sales scandal

Wells Fargo claws back $75 million from top execs in sales scandal

Former CEO John Stumpf "was too slow" to realize the risk of sales practices, the bank's board says. The scandal also brought a $185 million punishment from the Consumer Financial Protection Bureau.
by The Associated Press

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Heads-up: Buses, not trains this weekend on parts of Blue, Green lines

Heads-up: Buses, not trains this weekend on parts of Blue, Green lines

Metro Transit will run buses in place of trains from Friday evening until early Monday morning on stretches of Twin Cities light rail lines so it can complete scheduled maintenance.
by MPR News Staff

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Only 98,000 new jobs were created in March, Labor Department says

Only 98,000 new jobs were created in March, Labor Department says

After adding more than 200,000 jobs in each of the first two months of 2017, the U.S. economy gained only 98,000 jobs in March, the Bureau of Labor Statistics reports.
by Uri Berliner

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St. Cloud exploring ways to embrace river it has turned its back on

St. Cloud exploring ways to embrace river it has turned its back on

City officials and local partners are looking to reconnect St. Cloud and its residents with the Mississippi by redeveloping a one-mile stretch of the riverfront from downtown north to St. Cloud Hospital.
by Kirsti Marohn

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