Business and Economic News

January 28, 2016 4:00 AM

St. Paul will explore making earned sick and safe time mandatory

City leaders hope to convene a task force to explore specifics of how businesses of all sizes in St. Paul could offer earned sick and safe time benefits to their employees.

by Cody Nelson

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January 27, 2016 6:53 PM

Work halted on Minneapolis-Rochester rail line

The Minnesota Department of Transportation finished an environmental review of the line but doesn't have funds to proceed with design and construction.

by Peter Cox

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January 27, 2016 11:02 AM

Upbeat Cliffs CEO: Iron Range mines stay idled but better times near

Northshore Mining and United Taconite will stay idled through March, but an improving steel market should have those mines back running this year, Cliffs CEO Lourenco Goncalves said Wednesday in a surprisingly positive analysis.

by Dan Kraker

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January 26, 2016 6:38 PM

United Properties offers $2.75M for bankrupt Twin Cities archdiocese's chancery

Minneapolis-based United Properties has offered $2.75 million for the nearly 4 acre site on Summit Avenue, but other parties could top that offer.

by Martin Moylan

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January 26, 2016 5:24 PM

Polaris laying off 100 workers after massive sales drop

The move came as Polaris reported double-digit drops in sales and earnings in its most recent quarter.

by Martin Moylan

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January 26, 2016 4:55 PM

After setting iPhone record, Apple forecasts rare sales drop

Apple is bracing for its first sales decline in 13 years, despite selling a record 74.8 million iPhones in the final three months of 2015.

by The Associated Press

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January 26, 2016 2:48 PM

Minneapolis Institute of Art to gain key pieces Bruce Dayton displayed in his home

The will for Bruce Dayton, the late businessman and Minnesota governor's father, leaves much of his personal collection to Mia. The gift roster is filled with pieces by renowned artists.

by Brian Bakst

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January 26, 2016 8:13 AM

3M beats Street 4Q forecasts

3M Co. on Tuesday reported fourth-quarter earnings of $1.04 billion.

by The Associated Press

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January 26, 2016 4:00 AM

As crop prices fall, MN farmers may roll more land into conservation

Major grain prices are so low many farmers will lose money trying to put a crop in the ground. That's rekindling farmer interest in enrolling land in the federal Conservation Reserve Program.

by Mark Steil