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Business and Economic News

U.S. to recommend approval of Keystone XL pipeline

U.S. to recommend approval of Keystone XL pipeline

Senior U.S. officials say the State Department will recommend approval of the Keystone XL pipeline, clearing the way for the White House to formally approve it.
by Associated Press

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Woe for stores as shoppers look elsewhere for inspiration

Woe for stores as shoppers look elsewhere for inspiration

People are changing how they buy clothing. Shoppers aren't just showrooming at stores and then buying the same items online if they can find better prices - it's a more significant separation from the mall.
by Associated Press

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Minnesota jobless rate steady at 4 percent in February

Minnesota jobless rate steady at 4 percent in February

The state's jobless rate remained significantly below the 4.7 national unemployment rate, but Minnesota's 12-month job growth continued to lag the nation, state officials reported Thursday.
by MPR News Staff

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A high-rise, historic renovation and bathroom fix help DMC unlock millions in state funds

A high-rise, historic renovation and bathroom fix help DMC unlock millions in state funds

Project leaders said Thursday the Destination Medical Center has passed a crucial milestone: $200 million in private investments. How the city got to that amount, however, may raise eyebrows.
by Catharine Richert

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General Mills 3Q sales fall, weighing on profit

General Mills 3Q sales fall, weighing on profit

The Minneapolis-based company cited "gaps in pricing and promotional activity" for the sales decline.
by Associated Press

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U.S., UK bar laptop carry-ons from Mideast, N. Africa flights

U.S., UK bar laptop carry-ons from Mideast, N. Africa flights

The government is barring passengers on nonstop, U.S.-bound flights from eight mostly Middle Eastern and North African countries from bringing laptops, tablets and electronic devices on board in carry-on bags.
by Associated Press

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Target hires grocery veteran to recharge its food division

Target hires grocery veteran to recharge its food division

The Minneapolis, Minnesota-based chain said Monday that Jeff Burt will assume the title of senior vice president, grocery, fresh food and beverage on April 10.
by Associated Press

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Google Glass didn't disappear. You can find it on a Minn. factory floor

Google Glass didn't disappear. You can find it on a Minn. factory floor

When it was introduced a few years ago, Google Glass was labeled as the next big thing. But it flopped. Now, it's finding new uses with workers in manufacturing and other industries, including this farm equipment factory in Minnesota.
by Tasnim Shamma

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New 'basic economy' airfares may not be as cheap as you think

New 'basic economy' airfares may not be as cheap as you think

All three of the biggest U.S. airlines now offer no-frills, discounted fares called "basic economy." Now there's evidence that it's not any cheaper, but is a way to raise standard economy fares.
by David Schaper

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Duluth hopes broken blue bridge will soon rise to the occasion

Duluth hopes broken blue bridge will soon rise to the occasion

The drawbridge that's connected Duluth's convention center and the Canal Park entertainment district for 26 years fails regularly, frustrating pedestrians and politicians. But a fix is near.
by Dan Kraker

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