Business and Economic News

In St. Cloud, leaders of color aim to fill community's housing need
Several organizations in St. Cloud led by people of color are working to address local housing needs. A recent study found the city will need 17,000 new housing units over the next decade and a half to meet anticipated demand.
Trump will announce auto tariffs at a White House news conference
President Donald Trump will announce tariffs on auto imports, a move the White Houses claims would foster domestic manufacturing that could also put a financial squeeze on automakers that depend on global supply chains.
Dollar Tree sells Family Dollar to private equity firms after a decade of trying to find a fit
Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decade.
Stearns County dairy herd tests positive for avian flu
The H5N1 virus appeared in raw milk samples collected from a Stearns County herd. Health officials say there's no concern for public safety, because milk sold in stores is pasteurized to kill bacteria and viruses.
Xcel Energy wants to store more spent fuel at Prairie Island nuclear plant. Public hearings are this week
Xcel wants to continue operating the plant into the 2050s. It’s requesting to store an additional 34 casks of spent fuel at the site. But spent fuel storage has a history of controversy at the plant near Red Wing, which is just 700 yards from the Prairie Island Indian Community.