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Business and Economic News

Here’s how companies like Target may decide which prices to cut

Here’s how companies like Target may decide which prices to cut

Companies are responding to consumer frustration by lowering prices on thousands of items. An expert breaks down the pricing strategies they may use to determine what products make the cut.
by Chris Farrell and Alanna Elder

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Climate change linked to rising home insurance rates in Minnesota

Climate change linked to rising home insurance rates in Minnesota

Minnesota was the only state to see losses in the home insurance market in six of the last seven years, the New York Times reported. The losses correlate with increasing home damage from severe weather.
by Chris Farrell and Alanna Elder

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Creating a throw-away culture: How companies ingrained plastics in modern life

Creating a throw-away culture: How companies ingrained plastics in modern life

Plastic has become embedded in everyday life. That’s because for the last 70 years, the plastics industry convinced consumers to embrace the material for its low cost and disposability.
by Michael Copley

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Safety investigators want more technology to prevent close calls on runways

Safety investigators want more technology to prevent close calls on runways

The NTSB says an air traffic controller’s mistake led to a near collision of two jets on a runway in Texas last year. Investigators say critical safety technology might have prevented the incident.
by Joel Rose

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Northern Minnesota communities brace for possible Canadian border workers strike

Northern Minnesota communities brace for possible Canadian border workers strike

Northern Minnesota communities are bracing for a possible strike by Canadian border workers that could delay traffic at border crossings. A strike that was authorized to begin June 7 is on hold until Wednesday as mediation continues.
by Dan Kraker

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Jury convicts five of seven defendants in the Feeding Our Future trial

Jury convicts five of seven defendants in the Feeding Our Future trial

At the trial, prosecutors showed the jury page after page of bank statements, canceled checks, invoices, WhatsApp messages and meal site attendance sheets to bolster their allegations that the group falsely claimed to have served 18 million meals during the COVID pandemic, for which they collected $47 million in taxpayer money.
by Matt Sepic

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