Business and Economic News

Mankato small businesses try to stay afloat after last year’s historic floods
There are areas that still haven’t been cleaned up since the previous flood and some businesses are slowly recovering, while city officials find ways to fund infrastructure projects responding to more frequent storms.
National Loon Center to break ground on new facility in Crosslake
The $18.5 million project has been a decade in the making. It will include a visitor center and space for research and education, and aims to teach people how to conserve freshwater ecosystems that are vital to loons’ health.
Juneteenth celebrations have been scaled back this year due to funding shortfalls as companies and municipalities across the country reconsider their support for diversity, equity and inclusion initiatives.
Nippon Steel finalizes $15B takeover of U.S. Steel after sealing national security agreement
Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $15 billion.