Business and Economic News

Wine, painting forge new ties in north Minneapolis
Paint-and-sip parties are drawing in African-Americans eager to build friendships and try their hand at some art. In the process, they're helping build a new kind of north side culture.
CEOs of Minnesota's global stars
There are two entities that have made Minnesota famous around the world: Mayo Clinic and Cargill. Their CEOs spoke recently about two of our most important needs: health and food.
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.
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.
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.
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.
General Mills 3Q sales fall, weighing on profit
The Minneapolis-based company cited "gaps in pricing and promotional activity" for the sales decline.
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.
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.
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.