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Business and Economic News

A final goodbye to Macy's in downtown Minneapolis

A final goodbye to Macy's in downtown Minneapolis

The downtown store closes its doors for good Sunday night. The company announced in January it would close its iconic Nicollet Mall location-- once a flagship Dayton's department store.
by MPR News Staff

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Former Winona candy factory to become pet vitamin plant

Midwest Co-Pack is hoping to use the former Ferrara Candy Company space to make gummi vitamins for dogs, among other products.
by Associated Press

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CaringBridge CEO on keeping the customer first

CaringBridge CEO on keeping the customer first

MPR economics commentator Chris Farrell speaks with Liwanag Ojala. She's the CEO of CaringBridge, which offers free personalized websites for the family and friends of people facing health challenges.
by MPR News Staff

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Pro-mining and pro-wilderness forces prepare for Duluth meeting

Pro-mining and pro-wilderness forces prepare for Duluth meeting

A large crowd is expected at a public meeting to gather input on a federal proposal to ban potential copper, nickel and precious metal mining in the Superior National Forest near the Boundary Waters.
by Dan Kraker

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Trump announces challenge to Obama-era fuel standards

Trump announces challenge to Obama-era fuel standards

Trump's announcement, while having no immediate effect, is expected to set the stage for weaker fuel efficiency standards as well as drawn-out legal battles with environmental groups.
by Associated Press

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Fed hikes key rate for second time in 3 months

Fed hikes key rate for second time in 3 months

The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that any further hikes this year will be gradual.
by Associated Press

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Women's national hockey team to sit out world championships

Women's national hockey team to sit out world championships

Citing a need for "significant progress" on issues of pay and equitable treatment, the U.S. women's team said Wednesday it will not play in the upcoming International Ice Hockey Federation Women's World Championship.
by MPR News Staff

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Writer says NCAA is a cartel making billions

Writer says NCAA is a cartel making billions

On the eve of the NCAA basketball tournament, Joe Nocera concludes that the NCAA is nothing more than a cartel whose rules are fundamentally designed to ensure that the players have no money, no rights and no power.
by MPR News Staff

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