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Business & Economy
feed text Memorial Day travel expected to jump
Fri, 25 May 2012 14:08:09 -0500
More Americans will hit the road this holiday weekend than a year ago. And they'll have a bit more money to spend thanks to lower gas prices.
The Minneapolis City Council has given final approval to a financing package that will build the Minnesota Vikings a new, taxpayer-subsidized, $1 billion stadium on the site of the Metrodome.
text Fargo's $25M Scheels Arena strapped
Fri, 25 May 2012 10:42:10 -0500
The $25 million Scheels Arena in Fargo is trying to work out a deal with creditors to reverse the facility's slide toward insolvency.
text Gevo begins isobutanol production
Thu, 24 May 2012 16:05:38 -0500
A Colorado company has started the first commercial production of a corn-based alternative to ethanol at a converted plant in southwest Minnesota.
Minnesota's corn crop is off to a good start and could contribute to a record U.S. harvest. But uncertainty over prices has farmers wondering if a bountiful harvest might cost them more than they can sell their corn for.
The Southwest Corridor Light Rail is just one in a long list of projects looking for development money. Critical decisions about it and some of the state's biggest development projects could happen in the next few weeks.
Nobel Prize-winning economist Paul Krugman, who spoke at the Commonwealth Club of California this week, says austerity is the problem -- not the solution -- to our current economic problems. Krugman says the solutions are easy to do economically, but hard to do politically.
text Weekly jobless aid applications dip again
Thu, 24 May 2012 07:45:20 -0500
Applications have leveled off this month after spiking in April to a five-month high of 392,000. The four-week average, a less volatile measure, has also declined -- it was 370,000 last week.
text Strapped states eye tolls to pay for roads
Thu, 24 May 2012 07:23:03 -0500
Driving onto an Interstate highway? Crossing a bridge on the way into work? Taking a tunnel under a river or bay? Get ready to pay.
text Duluth fails to block tribal casino hotel
Thu, 24 May 2012 07:16:23 -0500
The Lake Superior Chippewa band has asked the U.S. Bureau of Indian Affairs to place the Carter Hotel property in tribal trust.
text Metro hospital workers OK contract
Thu, 24 May 2012 06:19:37 -0500
Support staff at eight Twin Cities hospitals have approved a new three-year contract.
text Taprooms spring up as Surly narrows its search
Thu, 24 May 2012 04:00:00 -0500
Last year, Surly owner Omar Ansari unleashed a social media frenzy when he described a $20 million destination brewery in the Twin Cities. But despite the initial sense of urgency, Ansari is taking his time to complete his vision.
text Yahoo seeks to shake up search, Web browsing
Wed, 23 May 2012 21:49:21 -0500
Yahoo is joining the battle to redefine Internet search and taking aim at building a better Web browser, too.
Exploration for copper, gold, and other precious metals in northeastern Minnesota has drawn attention to school trust lands created 150 years ago when Minnesota became a state. Millions of acres could be sold, with the proceeds deposited in a trust; or they could be managed by the state, which earns money by leasing logging and mining rights.
Minneapolis city officials say a national girls' volleyball tournament scheduled for 2014 will generate $60 million in economic activity across the metropolitan area.