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Business and Economic News

Target reports declining revenue in first quarter

Target reports declining revenue in first quarter

Target's first-quarter profit easily beat Wall Street expectations, but slowing sales at the Minneapolis retailer and across much of the retail sector is creating a lot of unease.
by The Associated Press

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Millions to be eligible for overtime under new Obama administration rule

Millions to be eligible for overtime under new Obama administration rule

Starting Dec. 1, anyone earning less than about $47,000 a year will qualify for overtime when they work more than 40 hours a week. The move will affect more than 4 million workers.
by Scott Horsley

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Minneapolis group cheers ruling in Southwest light rail lawsuit

A federal judge ruled the Metropolitan Council must turn over records of negotiations and agreements related to the planning of the controversial light rail line.
by Tim Nelson

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Top scientists say GMOs are safe, but they don't always deliver on promises

Top scientists say GMOs are safe, but they don't always deliver on promises

A new report from the National Academy of Sciences knocked down some pro-GMO claims, such as that they've boosted crop yields, and urged federal agencies to change the way these foods are regulated.
by Dan Charles

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U.S. economy could be poised for stronger growth

U.S. economy could be poised for stronger growth

From retail sales to manufacturing and housing, several key indicators are picking up. An accelerating economy would be a big deal in this election year.
by Chris Arnold

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What does raising the minimum wage cost?

What does raising the minimum wage cost?

Two economists weigh in on the pros and cons of raising the minimum wage.
by MPR News Staff

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Target transgender bathroom policy sparks opposition campaign

Target transgender bathroom policy sparks opposition campaign

A group calling itself the Child Protection League has launched a new state-wide campaign to convince the Minnesota-based retailer to reverse its decision.
by Riham Feshir

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What do labor shortages mean for Minnesota?

Minnesota has a labor shortage. Employers in the restaurant industry and other sectors of the economy are having a tough time finding workers. Tom Weber talked with two guests with different perspectives on what this means for the state.
by MPR News Staff

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Target wants to know how you think about groceries

Target wants to know how you think about groceries

Target is collaborating with the design firm IDEO and the MIT Media Lab in an effort to boost its grocery business.
by Annie Baxter

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As Big Candy ditches GMOs, sugar beet farmers hit a sour patch

As Big Candy ditches GMOs, sugar beet farmers hit a sour patch

As companies shun genetically modified ingredients, they're buying more sugar extracted from sugar cane rather than beets. Sugar beet farmers are thinking of going back to conventional beets.
by Dan Charles

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