Business and Economic News

Magnetation to close plant on the Iron Range
Citing falling ore prices, Grand Rapids-based Magnetation, which mines the waste piles left behind in the mining process, will lay off more than 40 employees. It still employs 300.
The law requires cable companies to provide service to an entire city within five years of winning a TV franchise. CenturyLink argues that the requirement has been preempted by the Federal Communications Commission, which found that such laws stifle competition.
Conversations on the Creative Economy: Chris Farrell and Doug Baker
MPR's Chris Farell hosts a new series called "Conversations on the Creative Economy." His first guest is the CEO of Ecolab, Doug Baker. How can companies encourage the creativity and innovation that are critical to survival?