Business and Economic News

Judge orders Mpls. metal shredder shut down over pollution
A Ramsey County judge ordered Northern Metals to close its metals recovery plant until state officials issue a new air permit or the company proves it's no longer polluting.
Counties OK plan to bridge Southwest light rail funding gap
The Met Council, Hennepin County and other Twin Cities area counties have agreed to prop up financing for the controversial project. Some still hope the Legislature will step in next year with full funding.
Magnetation, once an Iron Range success story, on the brink of closure
An innovative Iron Range company that mined leftover mine tailings waste and transformed it into a valuable iron ore concentrate may be forced to close in a month unless it is rescued by outside investors.
Target's chief marketing officer to leave, join Uber
Target announced Tuesday chief marketing officer Jeff Jones will be leaving the company, starting as president of ridesharing at Uber.
Arrgh: Pirate Joe's and Trader Joe's are once again locked in legal battle
The Canadian reseller of Trader Joe's goods was sued by the grocery chain in 2013; a U.S. district court dismissed the case. But an appellate court found that Trader Joe's had a legitimate suit.
MN Supreme Court hears Mpls. minimum wage plan arguments
Attorneys for the city of Minneapolis and supporters of a $15 minimum wage squared off before the Minnesota Supreme Court Tuesday over a plan to put the wage proposal on the Nov. 8 ballot.
Audits of some Medicare advantage plans reveal pervasive overcharging
Federal audits of 37 Medicare Advantage health plans cited 35 for overbilling the government. Many plans, for example, claimed patients with depression or diabetes were sicker than they actually were.
Since 2012, the economy has changed, and so has the conversation
Since the last presidential election, a growing economy has sent the unemployment rate plunging. That improvement has changed the political conversation, but it hasn't stopped worries about wages.
US wants to force lower speeds on truck and bus drivers
A new proposal Friday would impose a nationwide limit by electronically capping speeds with a device on newly made U.S. vehicles that weigh more than 26,000 pounds.
The union representing nurses at five Twin Cities Allina Hospitals upped the stakes in the long running dispute over health benefits and set Labor Day as the date for an open-ended strike.