Business and Economic News

Cirrus is betting its future on a 'personal jet'
Duluth's Cirrus Aircraft delivered the first so-called personal jet on Monday. Will there be a market for such a plane?
General Mills continues quest for customers, sales slide
Profit at General Mills slumped 9 percent during its most recent quarter and the food company lowered its outlook for the year as it tries to win back customers.
Experts: Nationalism, nuclear weapons pose clear danger
The rise of nationalism together with the expansion of nuclear arms production and testing poses a growing threat to the world, experts said during a recent Minnesota forum.
President-elect Trump has financial interests that will conflict with his new job duties. He says having his sons run the business will end the problem. The federal ethics office says no. Now what?
Minnesota, 19 other states, sue over generic drug pricing
The lawsuit filed Thursday accuses six drug makers of conspiring to raise the prices of two common generic drugs.
Minn. farmers ready for new curbs on livestock antibiotics
A Jan. 1 federal rule change means farmers will need a veterinarian's OK to give their animals antibiotics. Minnesota farmers, though, say they've been pulling back on antibiotics for years in response to consumers.
3M's parental leave policy grows
Mothers could get disability pay for up to 8 weeks, followed by ten weeks paid parental leave. Fathers can get ten weeks paid time off, as can adoptive parents.
Minnesota unemployment drops down to 3.8 percent
The state announced Thursday that November job gains helped drive the state's seasonally adjusted unemployment down from 4 percent to 3.8 percent.
Feds halt Twin Metals plan for Minn. copper mine near Boundary Waters
Federal authorities on Thursday called for a two-year "time out" for more environmental analysis and public input on whether future mining should be authorized on any federal land near Minnesota's Boundary Waters.