Business and Economic News

U.S. backs away from offshore Arctic drilling
The Department of the Interior announced that it is canceling scheduled lease sales of land in the Arctic Ocean. It also won't extend existing leases held by Shell and Statoil.
Improving truck safety, one hands-on demonstration at a time
A St. Cloud full-service commercial truck dealer is hoping to curb truck-involved crash rates by allowing drivers a hands-on opportunity to experience some of the latest safety technology in the trucking industry
Economists' views: What to do with Minnesota's budget surplus
Four economists weigh in on the condition of Minnesota's economy and the projected budget surplus that may be as high as one or two billion dollars. What should be done with any state surplus? Cut taxes, or spend more? On what? An all-star lineup of Minnesota economists share their insights: Art Rolnick, King Banaian, Toby Madden and Paul Anton.