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Business and Economic News

The economics of being single: the financial trade-offs of living solo

The economics of being single: the financial trade-offs of living solo

MPR News guest host Catharine Richert talks about living solo — how singles are rethinking their finances and redefining the way they live in a world that seems like it’s catered to couples.
by Catharine Richert and Nikhil Kumaran

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Target gets booted from Twin Cities Pride festival after rolling back DEI efforts

Target gets booted from Twin Cities Pride festival after rolling back DEI efforts

Twin Cities Pride executive director Andi Otto says the nonprofit made the decision because Target is not standing up “against those who are fighting against us.”
by Nicole Ki and The Associated Press

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Exclusive: White House in talks to have Oracle and U.S. investors take over TikTok

Exclusive: White House in talks to have Oracle and U.S. investors take over TikTok

The aim is to place oversight control in the hands of American software company Oracle and other investors. Under federal law, TikTok must split apart from China, or face a nationwide ban.
by Bobby Allyn

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Target is ending its diversity goals as a strong DEI opponent occupies the White House

Target is ending its diversity goals as a strong DEI opponent occupies the White House

The Minneapolis-based retailer says it’s joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
by The Associated Press

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University of Minnesota and Essentia announce new health care alliance

University of Minnesota and Essentia announce new health care alliance

The University of Minnesota and Essentia Health are proposing a new nonprofit for academic medicine in Minnesota. The university currently operates under a collaborative agreement with Fairview Health Services. That agreement ends next year. 
by Erica Zurek

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Proposed high-voltage powerline gets state regulators’ approval

Proposed high-voltage powerline gets state regulators’ approval

Minnesota Power and Great River Energy jointly plan to build the 180-mile project, which could cost upwards of $1 billion. The utilities say the new high-voltage line is needed to help maintain a reliable power grid, as they transition away from fossil fuel plants to renewable energy such as solar and wind. 
by Kirsti Marohn

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Netflix raises monthly fees after a record jump in new subscribers

Netflix raises monthly fees after a record jump in new subscribers

The company says it added 19 million new subscribers during the last quarter of 2024, fueled by live events and new shows. Netflix is also raising subscriptions by $1 to $2 per month in the U.S.
by Manuela López Restrepo

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