Business and Economic News

Could bass be the next boon for Mille Lacs?
Mille Lacs Lake has long been known for its great walleye fishing. But with walleye numbers in decline and a catch-and-release limit in effect, state and local officials are trying to promote the lake's smallmouth bass population.
James McGregor says one word describes the Chinese people: Ambition
Duluth, Minnesota native James McGregor has lived and worked as a journalist and businessman in China for 30 years, and says one word describes the Chinese: ambition. They're all about making China great again.
Council members considering how much the base wage will be and who will be eligible for it.
Study on proposed mining ban near Boundary Waters will proceed
Trump administration officials speaking at a congressional hearing Thursday said a two-year environmental review of potential copper nickel mining on the Superior National Forest will go forward, despite efforts to block it.
CEO pay climbed faster last year, up 8.5 percent
Over the last five years, median CEO pay in the survey has jumped by 19.6 percent, not accounting for inflation. That's nearly double the 10.9 percent rise in the typical weekly paycheck for full-time employees across the country.
Program rewarding farmers who protect water quality small, but growing
Less than 1 percent of Minnesota's 26 million acres of farmland are under the agriculture water-quality certification program, but officials say that amount is growing.
CEO Mark Fields is retiring at age 56 after 28 years at the company, according to a person familiar with the situation. Fields will be replaced by Jim Hackett.
Feeling sidelined by mainstream social media, far-right users jump to Gab
Criticized for being affiliated with the alt-right, the social site Gab now reports 170,000 users. It has found a niche among some conservatives and others who feel stifled by Facebook and Twitter.