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Business & Economy - MPR News

Business & Economy

Published: Thu, 26 Apr 2018 07:45:48 -0500


High-paying trade jobs sit empty, while high school grads line up for university

Wed, 25 Apr 2018 15:33:00 -0500

Huge shortages loom in the skilled trades, which require less -- and cheaper -- training. Should that make students rethink the four-year degree?

Deal may be near to guide McNally Smith bankruptcy

Wed, 25 Apr 2018 16:47:41 -0500

The trustee and mortgage-holder are working on an agreement that could lead to the sale of the music school's building. It may also leave students and staff who are owed money at the mercy of the real estate market.

Dayton: No 'viable way' to build new Line 3 pipeline on current route

Wed, 25 Apr 2018 11:54:46 -0500

The governor said he is not taking a position on the contentious Line 3 replacement plan. But he said a judge's recommendation to run the new oil pipeline where the old one sits doesn't seem feasible because it runs through tribal lands.

Crop-destroying birds better prey these falcons don't see them

Tue, 24 Apr 2018 14:26:36 -0500

Falcon pest control is gaining popularity, especially among eco-friendly farms. The raptors are trained to scare off pesky birds like starlings, which can cause thousands of dollars in crop damage.

Wood heater makers push back against tighter pollution rules

Wed, 25 Apr 2018 04:00:00 -0500

Health experts warn the units pollute too much. The industry warns tighter EPA standards will force higher costs on consumers. Minnesota is home to the nation's largest wood boiler builder, and wood heat is hugely popular here.

Protection for the steel industry is as old as America

Tue, 24 Apr 2018 06:19:00 -0500

The U.S. steel industry has enjoyed protection from foreign competitors since the 1790s. It says new import tariffs are actually just leveling the playing field and shouldn't be labeled "protection."

Facebook updates community standards, expands appeals process

Tue, 24 Apr 2018 04:01:00 -0500

The social media company announced changes to its community standards, releasing internal review guidelines and allowing appeals of content removal decisions.

Some Minnesotans will see taxes rise under House GOP plan

Tue, 24 Apr 2018 04:00:00 -0500

The author of a House Republican proposal to simplify the state tax code and bring it closer in line to recent federal changes acknowledged some Minnesotans would see a tax increase.

Conversations on the Creative Economy: Bemidji entrepreneurs

Tue, 24 Apr 2018 00:00:00 -0500

Chris Farrell interviews Bemidji entrepreneurs for his Conversations on the Creative Economy series.

Pipeline plan tests state's environmental-business balance

Mon, 23 Apr 2018 15:19:06 -0500

State regulators are weighing whether to let Enbridge Energy build a new high-volume oil pipeline across northern Minnesota. The company says the new line is vital to the nation's energy needs and will be strong and safe. Environmentalists say it's a disaster waiting to happen. Is there a middle ground?

Line 3 timeline: From construction to present day battles

Mon, 23 Apr 2018 12:40:52 -0500

Enbridge Energy wants to replace its aging Line 3 oil pipeline. The nearly 50-year-old pipeline has transported enormous amounts of crude from Canada, and been subject to multiple disasters.

Rapidly melting snow causing flooding in Sibley County

Mon, 23 Apr 2018 07:19:45 -0500

The Minnesota Department of Transportation closed Highway 93 in Sibley County Sunday due to flooding along the Rush River. The roadway was closed between Highway 169 and Henderson.

Alexa, tell me a national security secret: Amazon's reach goes beyond the Post Office

Mon, 23 Apr 2018 04:00:00 -0500

It's little known that the CIA uses Amazon Web Services to store its data, and, now, it's the favorite for a big-money Pentagon contract to do the same. Amazon's tentacles go to other agencies, too.

Pipeline to 'nowhere' no more: water project nears Worthington

Mon, 23 Apr 2018 04:00:00 -0500

The Lewis and Clark project in southwestern Minnesota will be completed this fall after nearly 30 years of waiting, bringing the city some much-needed water security.

Did the new tax law cut your taxes? You might be surprised

Mon, 23 Apr 2018 04:00:00 -0500

Minnesota tax preparers warn many people could get some bad news at tax time next year if they don't find out now how the new Republican tax law changes their tax obligation.

Road projects along I-35, I-94 in Twin Cities start Monday

Sat, 21 Apr 2018 12:40:00 -0500

Drivers in the Twin Cities metropolitan area will have to contend with several new construction projects on metro-area freeways starting Monday.

IRS computer glitch caused by 'master file' issue

Fri, 20 Apr 2018 04:00:00 -0500

For nearly 11 hours on the busiest tax day of the year, the agency was unable to accept tax returns.

Wells Fargo hit with $1 billion in fines over consumer abuses

Fri, 20 Apr 2018 08:12:00 -0500

The Consumer Financial Protection Bureau says it's punishing the banking giant's actions in its mortgage and auto loan businesses.

Reports: Wells Fargo to be fined $1 billion as early as Friday

Thu, 19 Apr 2018 17:33:55 -0500

Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto-lending and mortgage businesses, The New York Times and other news outlets reported, citing unnamed sources.

Xcel expands use of drones to inspect power lines

Thu, 19 Apr 2018 16:00:21 -0500

Xcel Energy will be the first utility in the nation to get Federal Aviation Administration approval to routinely fly drones beyond where a pilot can see the aircraft.