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Business and Economic News

Metro Transit: Green Line hits ridership goal

Metro Transit: Green Line hits ridership goal

Metro Transit predicted that the new route connecting St. Paul to Minneapolis would draw 27,500 rides per weekday by 2015. Last week, the Green Line attracted slightly more than that

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Twin Cities light rail foes hire lawyers ahead of key vote

Twin Cities light rail foes hire lawyers ahead of key vote

Mayor Betsy Hodges has received at least two letters this week from lawyers representing groups based in the city's Kenwood neighborhood. One came from a condominium association concerned its buildings could be damaged by light rail construction. Another argues the Metropolitan Council is legally required to do an additional environmental review.
by Curtis Gilbert

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Medtronic can duck billions of dollars in taxes with Irish deal

Medtronic, which started in a Minneapolis garage, struck a $43 billion deal earlier this month to buy Ireland-based health care company Covidien. The purchase gives Medtronic firm the option to become an Irish company.
by Martin Moylan

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Pilots alarmed by big jump in close calls with drones, FAA official says

Pilots alarmed by big jump in close calls with drones, FAA official says

Many of those close calls involve drone pilots flying while wearing goggles that let them see streaming video from the aircraft, but the goggles don't let pilots see where they are, said Williams.
by Dan Gunderson

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Oil train info shows heavy traffic

The Associated Press obtained details on the shipments Tuesday under public records requests filed with state emergency officials. They offer the most detailed insights to date on the increasing volumes of crude being moved across North America by rail in the wake of a domestic shale oil boom.
by The Associated Press

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A New Jersey law that's kept smart guns off shelves nationwide

A New Jersey law that's kept smart guns off shelves nationwide

A gun that fires only in the hands of its owner isn't science fiction anymore. A so-called smart gun is already on sale in Europe. But you won't find it on store shelves in this country -- in part because of an obscure New Jersey law that's had unintended consequences for the rest of the nation.
by Joel Rose

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Automakers recall air bags in humid parts of US

The National Highway Traffic Safety Administration, the government's auto safety agency, said Monday that BMW, Chrysler, Ford, Honda, Mazda, Nissan and Toyota will recall cars sold in places where hot, humid weather can potentially affect the air bags
by The Associated Press

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