Business and Economic News

Minnesotans' incomes bouncing back, census data show
Wages across Minnesota are finally showing signs of recovering from the Great Recession. Census data show increases in median household income last year across most demographic groups, although racial disparities persist.
New research on women in the workplace asserts both men and women ask for raises, but men are more often given raises.
Employees are paying a bigger chunk of health insurance costs
Bosses are passing more of the cost of health insurance on to workers in an effort to keep spending under control. But that can be unfair to lower-income employees, who pay disproportionately more.
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.