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Business and Economic News

Ellison to headline meeting urging reforms in wages, fair scheduling

Ellison to headline meeting urging reforms in wages, fair scheduling

Democratic U.S. Rep. Keith Ellison headlines a meeting today in Richfield to talk about economic issues facing most families.

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In battle between Uber and Lyft, focus is on drivers

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.
by Aarti Shahani

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Wall Street traders get mauled by the rampaging bear

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.
by Marilyn Geewax

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Mille Lacs walleye woes dominate DNR forum

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.
by Tim Nelson

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For oil drillers and retirement savers, this is not a good day

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.
by Marilyn Geewax

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Goldman Sachs to pay $5B to settle financial-crisis claims

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.
by Jim Zarroli

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