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Business and Economic News

Advisor: Target should drop most board members

Advisor: Target should drop most board members

Institutional Shareholder Services on Wednesday targeted those Target board members who serve on the company's audit and corporate responsibility committee after a massive pre-Christmas data breach.
by Martin Moylan

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Amber waves of green? If industrial hemp takes off, yes

Amber waves of green? If industrial hemp takes off, yes

The most recent farm bill is allowing a handful of farmers across the country to put hemp, the non-psychoactive cousin of marijuana, in the ground. Hemp fibers are used to make rope, clothing and car interiors. But despite the new law, many farmers say they're getting mixed messages from the federal government.
by Luke Runyon

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Sodden spring spells uncertainty for Minnesota crop prices

Sodden spring spells uncertainty for Minnesota crop prices

Minnesota farmers may be looking at a financial squeeze this year. The wet spring has eliminated drought in much of the corn belt, suggesting a big crop could be on the way. That's helping drive down prices below the break even level for a lot of producers.
by Mark Steil

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Auto parts price-fixing probe rattles industry

Auto parts price-fixing probe rattles industry

The investigation, made public four years ago with FBI raids in the Detroit area, has led to criminal charges against dozens of people and companies, stretched across continents and reverberated through an industry responsible for supplying critical car components.
by The Associated Press

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Sweets makers work to keep names off e-cigarettes

Sweets makers work to keep names off e-cigarettes

General Mills Inc., the Girl Scouts of the USA and Tootsie Roll Industries Inc. are among several companies that have sent cease-and-desist letters to makers of the liquid nicotine demanding they stop using the brands and may take further legal action if necessary.
by The Associated Press

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