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Business and Economic News

Good news for procrastinators: 3 extra days to file taxes

Good news for procrastinators: 3 extra days to file taxes

This is all because of an overlap of federal and state holidays with the usual April 15 IRS deadline.

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Filling the void: Expo aims to help black women in business

Filling the void: Expo aims to help black women in business

On Saturday, 1,000 women are expected to converge on the Jimmy Lee Recreation Center in St. Paul for the free event centered on economic empowerment and financial stability.
by Emma Sapong

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Archdiocese bankruptcy judge OKs sale of Twin Cities chancery

Archdiocese bankruptcy judge OKs sale of Twin Cities chancery

The sale of the archdiocese headquarters and archbishop's residence on Summit Avenue brings total church property sales to more than $8 million.
by Martin Moylan

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Bankrupt archdiocese gets new, higher bid for chancery

Bankrupt archdiocese gets new, higher bid for chancery

A private firm has bid nearly $3.3 million to buy the chancery of the bankrupt Archdiocese of St. Paul and Minneapolis, offering about $500,000 more than a previous offer from United Properties.
by Martin Moylan

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MnSCU faculty union votes to seek ouster of St. Cloud State president

The statewide faculty union for the Minnesota State Colleges and Universities system voted Saturday to work to remove St. Cloud State University President Earl Potter.
by Peter Cox

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Dayton slams 'untrustworthy' Essar Steel over missed state payment

Dayton slams 'untrustworthy' Essar Steel over missed state payment

Gov. Mark Dayton said Wednesday he's very concerned about Essar Steel Minnesota after the company didn't deliver on a promised $10 million payment to the state.
by Tim Pugmire

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Pfizer, Allergan call off their $150 billion merger

Pfizer, Allergan call off their $150 billion merger

Pfizer announced that the planned merger between the two pharmaceutical companies has been terminated because of a recent change in U.S. tax rules.

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Minneapolis Fed chief: U.S. needs to guard against failure of giant banks

Minneapolis Fed chief: U.S. needs to guard against failure of giant banks

Minneapolis Federal Reserve President Neel Kashkari believes more should be done to protect the country should megabanks fail. But there's no consensus on what to do or even that banks are too big.
by Martin Moylan

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Here's what you need to know (so far) about 'Panama Papers'

Here's what you need to know (so far) about 'Panama Papers'

Who leaked the papers? Are the schemes uncovered illegal? We answer some pressing questions about the huge document leak.

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Mille Lacs businesses want state help to woo non-anglers

Mille Lacs businesses want state help to woo non-anglers

Representatives from Mille Lacs Lake made their case to lawmakers Monday for state aid to help advertise the region's state parks, trails and other recreation amid a major drop-off in the lake's walleye population
by Kyle Potter, Associated Press

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