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Business and Economic News

Nobel economics prize is awarded for research into why countries succeed or fail

Nobel economics prize is awarded for research into why countries succeed or fail

The Nobel memorial prize in economics has been awarded to Daron Acemoglu, Simon Johnson and James A. Robinson for research into reasons why some countries succeed and others fail.
by The Associated Press

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Inside the TikTok documents: Stripping teens and boosting ‘attractive’ people

Inside the TikTok documents: Stripping teens and boosting ‘attractive’ people

A trove of secret documents show teens’ increasingly reliant on TikTok and how executives were acutely aware of the potential harm the app can cause young people, but appeared unconcerned.
by Bobby Allyn, Sylvia Goodman and Dara Kerr

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Hastings to receive 3M settlement money to treat 'forever chemicals'

Hastings to receive 3M settlement money to treat 'forever chemicals'

The Minnesota Pollution Control Agency announced it's linked PFAS contamination in one of Hastings’ wells to 3M's Cottage Grove facility. City officials say the money will help, but won’t cover the full $70 million to build three new treatment plants.
by Kirsti Marohn

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Beyond books: How a public library in Ohio’s Rust Belt is spurring economic growth

Beyond books: How a public library in Ohio’s Rust Belt is spurring economic growth

The public library in Toledo, Ohio, is one of a number across the U.S. that have become entrepreneurial hubs. Business-specialist librarians are helping aspiring small-business owners and nonprofits for free.
by Andrea Hsu

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Longtime resort owner Bruce Kerfoot dies, ‘legend‘ of the Gunflint Trail

Longtime resort owner Bruce Kerfoot dies, ‘legend‘ of the Gunflint Trail

In a post on social media, Kerfoot’s family said he died in his sleep Wednesday night. “The family has some peace knowing he and Justine are paddling together to their shore lunch spot,” they wrote.
by Dan Kraker

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