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Business and Economic News

Trump urges people to 'buy L.L.Bean' amid boycott threat

Trump urges people to 'buy L.L.Bean' amid boycott threat

Linda Bean, co-owner of the family-owned outdoor retailer, says she gave money to PACs supporting Trump. Her political stance spurred calls for an L.L. Bean boycott under the hashtag #Grabyourwallet.
by Yuki Noguchi

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Liberty depicted as black woman on $100 gold coin

Liberty depicted as black woman on $100 gold coin

The U.S. Mint says it's the first in a series of 24-karat gold that will also depict Liberty in designs representing Asian-Americans, Hispanic-Americans and Indian-Americans.
by The Associated Press

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Millennials are falling behind their boomer parents

Millennials are falling behind their boomer parents

With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis.
by The Associated Press

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U.S. government accuses Fiat Chrysler of cheating on emissions

U.S. government accuses Fiat Chrysler of cheating on emissions

The U.S. government accused Fiat Chrysler on Thursday of failing to disclose software in some of its pickups and SUVs with diesel engines that allows them to emit more pollution than allowed under the Clean Air Act.
by Associated Press

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Pay gap between college grads and everyone else at a record

Pay gap between college grads and everyone else at a record

College graduates, on average, earned 56 percent more than high school grads in 2015, according to data compiled by the Economic Policy Institute. That was up from 51 percent in 1999.
by The Associated Press

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VW pleads guilty in emissions scandal; 6 employees indicted

VW pleads guilty in emissions scandal; 6 employees indicted

In announcing the federal indictments and plea deal Wednesday in Washington, the Justice Department detailed an elaborate and wide-ranging scheme to commit fraud and then cover it up.
by Associated Press

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Latest broadband funds to boost internet for 16,000 Minnesota households

It's the latest chapter in one of Gov. Mark Dayton's top priorities for his final term in office. More than $66 million in broadband funding since 2014 has helped expand access across Minnesota.
by Associated Press

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2016 was a bright year for solar energy in Minnesota

2016 was a bright year for solar energy in Minnesota

Minnesota's solar energy capacity is skyrocketing. It took about 10 years to go from virtually nothing to 35 megawatts of capacity in 2015, but last year that jumped to 250 megawatts.
by Elizabeth Dunbar

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