Business and Economic News

August 7, 2014 6:00 AM

Twin Cities oil train traffic jumps; safety worries rise

About three-quarters of oil pumped from the booming Bakken oil fields end up on a train through Minnesota.

by Laura Yuen

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August 6, 2014 10:42 AM

Obama administration considering executive ways to limit tax inversions

The Obama administration is looking for steps it can take without Congress to stop American companies from reincorporating overseas to avoid U.S. taxes.

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August 6, 2014 8:50 AM

Toyota pledges $1M toward Detroit bankruptcy deal

The museum has pledges so far of most of the $100 million. The museum, the state of Michigan and the foundations together have agreed to give $816 million to the so-called grand bargain.

by The Associated Press

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August 6, 2014 6:35 AM

Target declares support for gay marriage

Target signed onto the amicus brief for two cases dealing with same-sex marriage that are under appeal in the Seventh Circuit of the U.S. Court of Appeals. The cases seek to overturn bans on same-sex marriage in Indiana and Wisconsin.

by Jon Collins

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August 5, 2014 5:58 PM

Seniors expected to flock to Rochester as the Mayo Clinic expands

Senior housing construction is growing quickly in Rochester. Instead of focusing on sprawling housing developments in the Sun Belt, some builders are trying to lure older people who want to live in smaller communities -- and be close to their doctors.

by Elizabeth Baier

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August 5, 2014 5:32 PM

Speed thrills: CenturyLink rolls out super-fast Twin Cities Internet access

CenturyLink said its new high-speed internet will cost $80 to $110 a month, depending on how residents bundle their services.

by Jon Collins

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August 5, 2014 10:02 AM

Subaru recalls 5 models for air bag problem

Subaru says it's doing the recall as a precaution and to cooperate with a government investigation. Owners will be notified later.

by The Associated Press

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August 5, 2014 9:00 AM

The state of multi-generational living

By 2012, almost one in four young adults lived in multi-generational homes, up from 18.7 percent in 2007 and 11 percent in 1980.

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August 5, 2014 8:42 AM

Gannett splits publishing, broadcasting in two

The spinoff of the publishing unit follows similar maneuvers by other major operators like Time Warner Inc., News Corp. and the Tribune Co.

by The Associated Press

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August 5, 2014 7:47 AM

Target takes $148M data breach hit

The company says breach-related costs will reach $148 million in the second quarter. Insurance will cover one quarter of that amount.

by Matt Sepic

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