Business and Economic News

Is it time to write off checks?
In the age of Venmo and mobile deposits, checks are fading. That's having a wide impact, from the Postal Service to check-printing companies. But many still find room for checks in their lives.
Report: Renewable energy fuels 21 percent of Minnesota's electricity
The use of wind, solar, hydro and biomass power has jumped in Minnesota the past decade, and the state is poised to beat its goal for electricity generated by renewables, officials said Thursday.
St. Paul OKs $18.4M for infrastructure at soccer stadium site
The City Council on Wednesday night approved an agreement that would put up $18.4 million in public funds to build infrastructure at the planned stadium near Snelling Avenue and Interstate 94.
Car2Go area shrinks across Twin Cities
On March 16, the company will scale back its service area in far north and far south Minneapolis and in much of St. Paul.
Why are gas prices up despite historic supplies of oil? Blame spring.
The Energy Information Administration says oil inventories are at "historically high" levels. Still, gas prices have been heading up because oil refineries are switching to more costly summer blends.
The firm that wants to build an elevated high-speed rail line between Rochester and the Twin Cities will decide by summer if the project goes forward, a company executive said Wednesday.
Price of stamps set to drop in April, worrying USPS
If the price of stamps goes down as scheduled in April, it could cost the already hemorrhaging post office $2 billion per year, according to a statement released by USPS.
The vote, among providers who receive government subsidies, opposed unionization by more than 2-1.
MPR: Settlement reached on light rail noise
Minnesota Public Radio and the Metropolitan Council said Tuesday a settlement gives MPR $3.5 million to deal with noise and vibrations caused by the Green Line light rail at its downtown St. Paul broadcast studios.
With feds' blessing, Minnesota to try growing hemp
Minnesota farmers this spring will be able to legally plant hemp for the first time in more than half a century. But while there's interest, expectations are low.