Business and Economic News

January 12, 2017 1:39 PM

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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January 12, 2017 9:54 AM

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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January 11, 2017 1:34 PM

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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January 11, 2017 11:50 AM

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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January 11, 2017 4:00 AM

For Rochester, becoming the 'Silicon Valley of Medicine' won't be easy

The massive Destination Medical Center project aims to make Rochester a known tech hub, but its culture and workforce issues could stand in the way.

by Catharine Richert

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January 10, 2017 5:51 PM

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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January 10, 2017 5:22 PM

Protest appeared to misstate U.S. Bank's role in Dakota Access pipeline

Although the banner hung above a Vikings game called on the bank to "divest," the bank seems to have no investment to get rid of.

by Martin Moylan

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January 10, 2017 2:03 PM

Tribes threaten to pull out of oil tax agreement with North Dakota

A Native American tribe whose land accounts for about a fifth of North Dakota's oil production has renewed threats to pull out of a revenue-sharing agreement with the state, saying a reduction in taxes on the industry violates the accord.

by Associated Press

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January 10, 2017 12:52 PM

Polaris plans to drop unprofitable Victory Motorcycle brand

Polaris announced Monday that it is shutting down the unprofitable Victory brand after 18 years. The motorcycles were produced at the Minneapolis-based company's Spirit Lake, Iowa, and Spearfish, South Dakota, plants.

by Associated Press