Business and Economic News

Finance academy graduates first class as program's future hangs in the balance
This week, 60 students were the first class to graduate from a St. Paul Public Schools high school program focused on finance. But the future of the Academy of Finance is in question after a major grant ended.
Twin Cities grocery wars about to get more intense, thanks to Hy-Vee
The ever-evolving Twin Cities grocery market is poised for another big shakeup. Iowa-based Hy-Vee, which opened its first Twin Cities supermarket just two years ago, has plans to expand to at least 15 stores in the metro.
Tobacco tax cuts burn Gov. Dayton
One of the reasons Gov. Mark Dayton vetoed funding for the House and Senate is that he wants lawmakers to undo tax breaks for premium cigars and other tobacco products. Key lawmakers and business owners say the tobacco tax adjustments were long overdue.
Part of the project crosses a historic Native American cemetery. The Fond du Lac Band of Lake Superior Chippewa said it's "deeply disappointed" the site was not protected.
House passes bill aimed at reversing Dodd-Frank financial regulations
The GOP-led House approved legislation that scales back the massive set of Wall Street regulations created after the 2008 financial crisis. The Financial Choice Act faces dim prospects in the Senate.
Angry shareholders feed live donkey to tiger in Chinese zoo
In a statement, the shareholders say they had invested in the zoo and were unhappy that it was not making money. Video shows the tigers mauling the donkey for half an hour before finally killing it.
Amazon lowers Prime membership rate for low-income customers
Amazon and Walmart are in a battle for low-income shoppers. Now Amazon is cutting the $10.99 monthly rate on its Prime membership to $5.99 for people who receive government assistance.
Minimum wage hike dominates Minneapolis mayoral debate
The city of Minneapolis is nearing a vote on a $15 an hour minimum wage ordinance. But the candidates aren't all completely on board with the plan.