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Business and Economic News

Brothers close grocer after 55 years, continue meat raffle

Brothers close grocer after 55 years, continue meat raffle

Despite closing Fedor's Market, it's mostly business as usual for Paul and Gordy Fedor, who are staying busy cutting and packaging meat for raffles across the Twin Cities.
by The Associated Press

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Businesses should embrace wacky ideas, says the St. Paul Saints' Mike Veeck

Businesses should embrace wacky ideas, says the St. Paul Saints' Mike Veeck

In his new book "Another Boring, Derivative, Piece of Crap Business Book," St. Paul Saints owner Mike Veeck argues that to succeed, businesses should have a laugh.

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Mpls. Federal Reserve President wants to shrink mega-banks

Mpls. Federal Reserve President wants to shrink mega-banks

Federal Reserve Bank of Minneapolis President Neel Kashkari said his peers have offered mixed reactions to his concerns that some banks remain too big to fail.

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As Nye's nears last call, patrons come to sing its praises

As Nye's nears last call, patrons come to sing its praises

After more than 60 years as a cultural landmark, an establishment that was all about singing and drinking is closing its doors.
by Marianne Combs

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U.S. economy added 215,000 jobs in March; unemployment rate rose to 5 percent

U.S. economy added 215,000 jobs in March; unemployment rate rose to 5 percent

The jobs gains were slightly stronger than predicted. The Bureau of Labor Statistics also says average hourly earnings for private sector workers increased by 7 cents.

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The politics of tax inversions

This election season, tax inversions have bubbled to the top as a contentious issue on both sides of the political spectrum. Two business leaders dug into the complexities and underlying issues.
by MPR News Staff

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