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Business and Economic News

The importance of mobile homes as affordable housing

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.
by Tracy Mumford

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Delta computer outage included 'small fire' at data center

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.
by Associated Press

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Fate of Minnesota Macy's stores is anyone's guess

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.
by Martin Moylan

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Fines for meat industry's safety problems are 'embarrassingly low'

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.
by Luke Runyon

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Granny pods find lukewarm reception in Minnesota cities

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.
by Martin Moylan

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Low grain prices hammer Cargill's earnings

Cargill's earnings fell 15 percent to about $1.6 billion in the fiscal year that ended last May.
by Mark Steil

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Twin Cities transit best in the U.S. for 2016

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.
by Tim Nelson

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Hodges proposes Mpls. budget with 5.5 percent tax hike, 15 new cops

Hodges proposes Mpls. budget with 5.5 percent tax hike, 15 new cops

The mayor's 2017 budget plan, laid out Wednesday, also calls for more firefighters and traffic control agents and more money for affordable housing.
by Tim Nelson

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St. Paul budget plan: Boost property tax, create jobs, add cops

St. Paul budget plan: Boost property tax, create jobs, add cops

St. Paul Mayor Chris Coleman Tuesday laid out a 2017 budget plan that includes a 4 percent property tax bump and new spending for job creation, cops and fighting ash borers.
by Tim Nelson

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