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Business and Economic News

Wells Fargo revelations remind us that big banks aren't 'fixed'

Wells Fargo revelations remind us that big banks aren't 'fixed'

Three personal finance and banking experts reflected on the notion that big banks are still running amok with our money and our trust.
by MPR News Staff

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How would $15 minimum wage affect workers?

A conservative center sponsored a debate in Minneapolis on Tuesday focused on that question.
by Tim Nelson

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Agribusiness hopes shrimp is Minnesota's newest crop

Agribusiness hopes shrimp is Minnesota's newest crop

A southwest Minnesota agribusiness sees an opportunity to satisfy American consumers' craving for shrimp by growing the critters on the prairie, in basins filled with salty water.
by Mark Steil

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'You should resign': Sen. Elizabeth Warren grills Wells Fargo CEO John Stumpf

'You should resign': Sen. Elizabeth Warren grills Wells Fargo CEO John Stumpf

"If one of your tellers took a handful of $20 bills out of the cash drawer, they'd probably be looking at criminal charges," Warren tells the bank's CEO.

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Wells Fargo CEO discusses secret-accounts scandal in Senate hearing

Wells Fargo CEO discusses secret-accounts scandal in Senate hearing

CEO John Stumpf apologized for betraying customers' trust in a hearing by the Senate Banking Committee to answer questions about Wells Fargo employees opening unauthorized customer accounts.
by Doreen McCallister

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Allina says more striking nurses returning to work

Allina says more striking nurses returning to work

Allina Health says 502 union-represented nurses have asked to be scheduled for regular shifts. More than 4,000 nurses have been off the job since Labor Day in a dispute over health insurance.
by Martin Moylan

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Bass tournament on Mille Lacs Lake gives tourism a boost

Bass tournament on Mille Lacs Lake gives tourism a boost

A $1 million purse is up for grabs this weekend as Mille Lacs Lake hosts the Toyota Bassmaster Angler of the Year Championship, a tournament that's expected to give a badly needed $3 million boost to the local tourism economy.
by Associated Press

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U.S. Bank plays Minnesota nice while Wells Fargo struggles

The bank says it'll leave customers to decide where to take their business as Wells Fargo's business practices come under scrutiny.
by Martin Moylan

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Rochester hopes creative installations spark talk of downtown's future

Rochester hopes creative installations spark talk of downtown's future

A huge rocking chair and a massive set of chimes are among the temporary sculptures people will see in downtown Rochester this weekend as officials try to kindle public excitement for the Destination Medical Center.
by Catharine Richert

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