Business and Economic News

Cliffs breaks new ground on the Iron Range
Cliffs' $65 million investment at United Taconite will enable the company to produce a specialty iron ore pellet to feed North America's largest steel blast furnace.
The importance of mobile homes as affordable housing
Ten mobile home parks in the region have closed in the past 25 years, but no new parks have opened, according to a Met Council report. These parks represent an important source of affordable housing, and their closures disproportionately affect residents of color.
Delta computer outage included 'small fire' at data center
Delta's problems started when a piece of electrical component failed at its headquarters. But the initial failure also caused a fire, the details of which are being kept under wraps.
Fate of Minnesota Macy's stores is anyone's guess
Amid a downturn in sales and earnings, Macy's said it will close 100 stores, but isn't yet revealing which ones.
Fines for meat industry's safety problems are 'embarrassingly low'
Slaughterhouses, while safer than decades ago, are some of the country's most hazardous workplaces. They are fined by the government for safety violations, but those fines may not be big enough.
Granny pods find lukewarm reception in Minnesota cities
Two University of Minnesota graduates are making portable housing units for the elderly. But despite the housing's impending legal status, some cities are moving to ban them.
Cargill's earnings fell 15 percent to about $1.6 billion in the fiscal year that ended last May.
Twin Cities transit best in the U.S. for 2016
The national trade group representing transit services, contractors and suppliers is lauding Metro Transit for record ridership on the Green Line and improvements in safety and operations.