Business and Economic News

Allina says more nurses crossing picket line
Allina Health System said the number of nurses union members signing up to work is nearly quadruple the number who crossed the picket line during the week-long strike in June.
Wells Fargo fined $185 million over creation of fake accounts for bonuses
The Consumer Financial Protection Bureau has levied its largest-ever fine on Wells Fargo for "the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts."
Why this Allina nurse crossed the picket line
Crystal Rehbein is among the approximately 400 nurses who are breaking from the union to cross the picket line. She predicts many more will join them by the end of the week.
New iPhone 7 will ditch headphone jack, but have better camera
The iPhone 7 and 7 Plus unveiled Wednesday won't have an analog headphone jack -- a longtime staple in just about every consumer electronics device that can play audio. They start at $650 per phone.
St. Jude Medical Inc on Wednesday filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings Ltd, saying they intentionally disseminated false information about its heart devices to manipulate its stock.
Large, for-profit ITT Tech is shutting down all of its campuses
The shutdown affects some 35,000 students and more than 8,000 employees in 38 states. ITT Technical Institutes blamed the Education Department, which recently imposed financial sanctions.
Conversations on the Creative Economy: A guide to the 2016-2017 season
Conversations on the Creative Economy's 2016/2017 season launches with four nationally recognized chief executives, founders and entrepreneurs.
Gig economy: Is America's social safety net failing our current labor market?
Why do voters seem so angry and anxious this year? Part of the answer might have something to do with the gig economy. MPR News host Kerri Miller and two guests discussed the future of work in America.
If Apple dumps the iPhone's headphone jack, it may test users' loyalty
The next iPhone, expected to be unveiled Wednesday, may be missing something familiar: the ubiquitous headphone jack. Usability experts say the change could really sit badly with Apple customers.
Met Council chair discusses stopgap funding for Southwest light rail
Adam Duininck, head of the Metropolitan Council, joined MPR News host Tom Weber to talk about the future of the controversial Southwest light rail project.