Business and Economic News

Behind your holiday sweet potato dish, hard work in the fields
More than half of America's sweet potatoes were lifted by hand from the soil of North Carolina. It's some of the most back-breaking farm work to be found, and migrant laborers do most of it.
Pfizer, Allergan combining in $160B deal
The U.S. drug giant Pfizer and its smaller rival Allergan have agreed to merge, creating the world's biggest pharmaceutical company by sales.
This holiday season, retailers will be wishing for more workers
U.S. retailers are looking to add more than 700,000 jobs this holiday season -- about the same as last year. But retailers may have a harder time filling those jobs because of a shrinking labor pool.
Long-silent Duluth Armory may hear music once again
Now a century old, the disused armory may be nearing a rebirth as a space for retail, restaurants and music.
UnitedHealth says losses may force it out of Obamacare exchanges
Minnetonka-based UnitedHealth Group says it's taking a financial beating on health plans sold through state and federal exchanges created as part of the federal Affordable Care Act.
What's driving job search addiction?
Amy Lindgren, a career counselor, has identified a new trend: People who are job hunting on a daily or weekly basis, even though they are comfortably employed.
Best Buy reports weak 3Q sales, cautious outlook
The company says it expects "near flat" revenue in the fourth quarter as it faces price pressures and tougher competition from online stores.
Another day, another layoff blow for the Iron Range
Magnetation adds to the job losses by announcing it expects to close a plant in January.