Business and Economic News

In battle between Uber and Lyft, focus is on drivers
Competition for drivers is so great that, about a year back, Uber sent covert operatives into Lyft cars, to recruit.
Wall Street traders get mauled by the rampaging bear
Stocks all over the world plunged Friday as investors became even more nervous about China's weakness and oil's collapse. The worries triggered a broad stock sell-off and sent oil below $30 a barrel.
Mille Lacs walleye woes dominate DNR forum
The health of the Lake Mille Lacs fishery took center stage Friday at the Minnesota Department of Natural Resources annual conservation forum. Speakers made clear Mille Lacs' future is as uncertain as ever.
For oil drillers and retirement savers, this is not a good day
Stock prices continue to fall as global investors worry about China's slowing demand. At the same time, oil prices are plunging as supplies surge. Together, it's making for a tough day in the markets.
Goldman Sachs to pay $5B to settle financial-crisis claims
The firm is under investigation for its marketing and sale of mortgage-backed securities. If finalized, the settlement will reduce company earnings for the last three months of 2013 by $1.5 billion.
New year, new financial outlook: Tips for 2016
Financial educator Ruth Hayden shares her tips for managing your money in the new year.