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Business and Economic News

Fabric and craft retailer Joann to go out of business and close all of its stores

Fabric and craft retailer Joann to go out of business and close all of its stores

Fabric and crafts retailer Joann Inc., which has been a destination for generations of quilters, knitters and other lovers of crafts for more than 80 years, is going out of business and shuttering all its stores. 
by The Associated Press

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Meet five Minnesota federal workers mourning the loss of their dream jobs

Meet five Minnesota federal workers mourning the loss of their dream jobs

Many Minnesotans are among those facing unemployment, as the Trump administration slashes jobs across agencies. The state is home to more than 18,000 federal workers, with nearly 60 percent working for the Department of Veterans Affairs and the U.S. Department of Agriculture.
by MPR News Staff

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UnitedHealth shares dive after report of U.S. investigation into Medicare billing

UnitedHealth shares dive after report of U.S. investigation into Medicare billing

UnitedHealth Group shares tumbled early Friday on a report that the U.S. Department of Justice has started an investigation into the health care giant’s Medicare billing practices. 
by The Associated Press

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Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote

Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote

The early Friday vote was a key step toward providing money the Trump administration says it needs funds for mass deportations and security measures that top the Republican agenda.
by The Associated Press

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‘It’s completely draining’: Rising food prices causing continued stress in Minnesota, nationwide

‘It’s completely draining’: Rising food prices causing continued stress in Minnesota, nationwide

Food prices continue to rise in Minnesota and nationwide — though at a slower rate than dramatic spikes during the pandemic. The high price of eggs is top of mind right now for many grocery shoppers.
by Mark Zdechlik

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