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Business and Economic News

Minneapolis land trust homeowners shocked by big property tax increases

Minneapolis land trust homeowners shocked by big property tax increases

Many homeowners across Minnesota are facing an increase in their property taxes next year. But owners of land trust houses in Minneapolis are facing whopping tax increases of more than 40 percent after a change in state law. Low-income owners in the program say it puts them in a tough spot.
by Estelle Timar-Wilcox

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Packers fans defeat Minnesota Vikings fans at tug-of-war contest in Stillwater

Packers fans defeat Minnesota Vikings fans at tug-of-war contest in Stillwater

Business owners in Stillwater and Hudson, Wis., organized the friendly competition ahead of the NFL game between the Vikings and Packers at U.S. Bank Stadium. The Wisconsin side won 3-2 over Minnesota.
by Feven Gerezgiher

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Rival Vikings, Packers fans to meet in tug-of-war contest on Stillwater Lift Bridge

Rival Vikings, Packers fans to meet in tug-of-war contest on Stillwater Lift Bridge

Dubbed the “Border Battle,” the event will start at 9 a.m., about six hours before the two NFL teams face off at U.S. Bank Stadium in Minneapolis. The location will be literally on the border: the Stillwater Lift Bridge, which spans the St. Croix River between Minnesota and Wisconsin.
by Kirsti Marohn

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A health care provider that faced dozens of prisoner lawsuits is filing for bankruptcy

A health care provider that faced dozens of prisoner lawsuits is filing for bankruptcy

Wellpath, a health care provider for hospitals, prisons and jails, has been dogged by wrongful death and medical negligence suits. What happens to those cases now that it has filed for bankruptcy?
by Jaclyn Diaz

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Job market jitters real for some mid-career Minnesotans and recent grads

Job market jitters real for some mid-career Minnesotans and recent grads

Even with the state’s relatively low 3.5 percent unemployment rate, some younger Minnesotans coming out of college and those in mid-career are seeing a job market now that worries them. Recent announcements of mass layoffs add to the anxiety.
by Anika Besst

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New shelter to open in Duluth for young adults experiencing homelessness

New shelter to open in Duluth for young adults experiencing homelessness

A new, $1.6 million shelter serving young adults ages 18-24 experiencing homelessness is scheduled to open in Duluth next month, offering young people transitional housing and supportive services.
by Dan Kraker

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Starbucks baristas’ ‘strike before Christmas’ has reached Twin Cities, hundreds of U.S. stores

Starbucks baristas’ ‘strike before Christmas’ has reached Twin Cities, hundreds of U.S. stores

Starbucks’ union says workers are walking off the job at some 300 — out of over 10,000 — stores across the U.S. as contract negotiations falter. The company urges it to return to the bargaining table.
by Rachel Treisman and Chandra Colvin

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American Airlines operations up and running again after technical issue grounded U.S. flights

American Airlines operations up and running again after technical issue grounded U.S. flights

American Airlines flights are cleared to fly after a brief grounding due to systemwide technical issue. American had reported a technical issue affecting its entire system with millions traveling for the holiday.
by The Associated Press

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