Business and Economic News

Wells Fargo unit's leader departs with $125 million after bank incurs record fine
The bank recently was fined $185 million and fired 5,300 employees for unethical behavior. Each year mentioned in a federal agency's consent order, Carrie Tolstedt collected $5.5 million in stock.
Chemical giant Bayer agrees to buy Monsanto for $66 billion
The deal will create the world's largest supplier of seeds and agricultural chemicals, if it survives scrutiny by regulators. It's part of a wave of agribusiness consolidations.
The Minnesota Board of Cosmetologist Examiners met with hundreds of Minnesota business owners and practitioners to shape rules for cosmetologists that hadn't been updated in more than 30 years.
Nobody's happy with new airport ground transportation plans
Taxi companies, Lyft and Uber are all unhappy with the Minneapolis-St. Paul International Airport's proposed changes to ground transportation regulations.
FAQ: The Dakota Access pipeline and protest
The Dakota Access Pipeline river crossing in North Dakota has spawned legal battles and protests across the U.S. Here are answers to some basic questions about the $3.8 billion project and the pushback.
The census data put the state's official poverty rate at 9.1 percent, with almost half a million people in the state living in poverty last year.
Minnesota's labor market continues to be tight, with a state survey turning up nearly 100,000 openings earlier this year.
The St. Cloud City Council approved selling wine and 3.2 beer at all SCSU athletic facilities and adjacent properties after testing selling beer and wine at two home hockey games last year.
Census Bureau: Poverty rate down, median incomes up
Median household incomes have increased for the first time since 2007 - rising by 5.2 percent. The poverty rate has declined, and more people have health insurance, the Census Bureau says.