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Business and Economic News

Lake Minnetonka in the North Woods? Ely cabin owners push back against resort plan

Lake Minnetonka in the North Woods? Ely cabin owners push back against resort plan

A $45 million proposal to transform a century-old fishing lodge into an expanded resort two miles from the edge of the Boundary Waters is facing pushback from residents who fear it will change the area’s wilderness-oriented culture.
by Dan Kraker

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Minnesota Farmer’s Union president on stalled Farm Bill, weather extremes and Walz veepstakes

Minnesota Farmer’s Union president on stalled Farm Bill, weather extremes and Walz veepstakes

U.S. Congress has to pass — or at least pass an extension of — the 2018 Farm Bill by Sept. 30, but talks have stalled after months of party-line debate.
by Cathy Wurzer and Gracie Stockton

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The Dow Jones plunges over 1,000 points as markets are rocked by U.S. economy fears

The Dow Jones plunges over 1,000 points as markets are rocked by U.S. economy fears

Stocks fell sharply across the globe on Monday, as worries about the U.S. economy triggered a worldwide sell-off. The Dow Jones Industrial Average tumbled more than 1,000 points in early trading.
by Scott Horsley

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Minneapolis worker-owned bike shop to close after 22 years

Minneapolis worker-owned bike shop to close after 22 years

A pillar of Minneapolis’s cycling community is shutting down after 22 years in business. The Hub Bike Co-op announced Friday that it’s closing both of its locations, on Minnehaha Avenue and in Dinkytown, on Sept. 30.
by Matt Sepic

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Tech luminaries and VCs go all-in on Kamala Harris campaign, 5 things to know

Tech luminaries and VCs go all-in on Kamala Harris campaign, 5 things to know

Harris started her political career in the Bay Area. And since launching her campaign, donations from Silicon Valley have poured in. But that doesn’t necessarily mean she’ll go easy on Big Tech.
by Dara Kerr

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