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Business and Economic News

A longtime grocer, now retired, continues to build connections between Hmong immigrants

A longtime grocer, now retired, continues to build connections between Hmong immigrants

For 18 years, Terry Yang ran Bubai Foods in Walnut Grove with his brother. Yang said he sees the services and products that he provided as a form of service to both the Hmong community and everyone who walked through the store’s front door.
by Matt Mikus

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Minnesota tribes 'breaking the glass ceiling' of cannabis sales outside reservations

Minnesota tribes 'breaking the glass ceiling' of cannabis sales outside reservations

White Earth Nation signed a first-of-its-kind agreement with the state, recognizing the tribe’s authority to regulate cannabis dispensaries off reservation land.
by Nina Moini and Alanna Elder

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No more pennies: In big change, Treasury will stop minting them

No more pennies: In big change, Treasury will stop minting them

In a cost-cutting move, the Treasury Department will soon stop minting new pennies. The one-cent coins will still be legal tender. There are more than 100 billion pennies in circulation but many are gathering dust in change jars and forgotten pockets.
by Scott Horsley

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Senate overrules parliamentarian and votes to undo California EV rule

Senate overrules parliamentarian and votes to undo California EV rule

The Senate parliamentarian advised lawmakers that they couldn't use the Congressional Review Act to revoke California's right to set vehicle standards. But they did it anyway. Expect a legal fight.
by Camila Domonoske

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After George Floyd's murder, big banks invested millions in small, Black-owned banks

In the year after his murder, big banks including JPMorgan Chase, Citibank, Bank of America and Wells Fargo announced plans to invest millions of dollars in small, Black-owned banks across the country, to help those banks make more loans to small businesses in underserved communities. 

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What a Texas showerhead salesman discovered about 'Made in the USA' labels

What a Texas showerhead salesman discovered about 'Made in the USA' labels

A Texas showerhead salesman wanted to know how much more customers would pay to buy a product that's made in the USA. The answer could pour cold water on President Trump's plan to encourage more companies to open factories in the U.S.
by Scott Horsley

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