Business and Economic News

As oil plummets, cheap jet fuel means better travel deals
Cheap oil doesn't just mean cheaper gas prices; it also means cheaper jet fuel. That's led to a big drop in airfares. It's good news for travelers -- and for airlines, which have struggled for years
U faculty file petition toward union vote
The last time a large group of Twin Cities U of M faculty voted, the pro-union effort failed by 26 votes, union organizers said.
Nervous about the stock market? Turn off the TV
Nervously watching the stock ticker stream across the screen isn't helping, said Retirement Weekly's Robert Powell. It can even hurt.
The faculty union at Inver Hills Community College has scheduled a no-confidence vote Monday on the school's president over disputes of what they see as inappropriate spending and cuts to student services.
Amazon's tiny profits have long fueled questions about the company's growth strategy and how long it can keep the pressure on Target, Best Buy and other traditional retailers. Those questions are fading.
Delta says deal would kill direct flights from MSP to Tokyo
A tentative agreement between the U.S. and Japan would open up Tokyo International Airport in Haneda to more airlines, increasing competition.
Sony Pictures eyes Albertville for Hollywood themed park
Sony Pictures and Minnesota-based developers have unveiled plans for a huge indoor theme park, hotel and convention center complex that will sit next to the Albertville Premium Outlet malls about 35 minutes from Minneapolis.