Minnesota Public Radio features by Annie Baxter http://minnesota.publicradio.org/about/people/mpr_people_display.php?aut_id=81 en-us Copyright 2014 Minnesota Public Radio Fri, 28 Nov 2014 20:30:58 -0600 Minnesota Public Radio features by Annie Baxter http://minnesota.publicradio.org/standard/images/mpr003/logo_mpr.gif http://minnesota.publicradio.org/?refid=0 Retired doctor is determined to help Ebola-stricken Sierra Leone Lowell Gess, 93, won't play an active role treating Ebola patients in Sierra Leone. But he will bring medicine and moral support to the country he calls his second home. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/11/24/lowell-gess?refid=0 Sun, 23 Nov 2014 19:30:00 -0600 Ebola fears, 'jokes' sting Minnesota children with W. African roots Some students of West African descent are struggling with their classmates' fears and unfunny barbs about the virus. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/11/10/ebola-fears-jokes-sting?refid=0 Tue, 11 Nov 2014 04:40:00 -0600 Ebola's toll forces Minnesotan's family out of Sierra Leone Peter Andersen and his family left Sierra Leone for Minnesota in October. Today, they emerged from a three-week incubation period with no signs of Ebola. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/11/04/minnesota-family-ebola-free?refid=0 Tue, 04 Nov 2014 06:15:54 -0600 Health officials, community leaders educate about Ebola They reminded the community how the virus is spread and cautioned against travel to affected countries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/26/ebola-brooklyn-park?refid=0 Sun, 26 Oct 2014 10:02:06 -0500 Man shot on bus in north Minneapolis The gunman boarded a bus on Penn Avenue and got in an argument with a passenger. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/25/bus-shooting?refid=0 Sat, 25 Oct 2014 15:42:34 -0500 Foreclosure with an upside? Here's how it works Minnesotans in foreclosure can sometimes walk away from the process with tens of thousands of dollars -- but only if they know how the system operates. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/19/foreclosure-upside?refid=0 Sun, 19 Oct 2014 16:00:00 -0500 Minnesota jobless rate dips to 4.1 percent, lowest in eight years Professional and business services led all sectors in September job growth, state officials said. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/16/state-jobless-rate-dips?refid=0 Thu, 16 Oct 2014 10:47:07 -0500 Minnesota job vacancies jump, but hourly pay falls While openings hit a 13-year high, lower wage sectors drove the growth; many were for part-time work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/09/job-vacancies-hit-high-minnesota?refid=0 Thu, 09 Oct 2014 13:34:30 -0500 Looking for work? Listen to jobseekers perfect their elevator pitch A Twin Cities-based nonprofit is training workers to sell their skills with a 30-second summary elevator pitch. Listen to what that sounds like. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/08/elevator-pitch?refid=0 Wed, 08 Oct 2014 10:52:38 -0500 Metro-area home construction slows Homebuilders sought fewer building permits in September than they did a year ago, a sign that there are not buyers for medium-priced homes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/09/30/home-construction-slows?refid=0 Tue, 30 Sep 2014 17:36:35 -0500 Minnesota tech colleges get $17 million to retrain workers The funding comes at a time when manufacturers have been complaining about a lack of workers with advanced skills. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/09/29/tech-colleges-grant?refid=0 Mon, 29 Sep 2014 16:00:23 -0500 Boston Scientific to pay $300M in damages to inventor's estate A lawsuit alleged Minnesota-based Guidant Corp., which was bought by Boston Scientific in 2006, withheld licensing payments it owed to the inventor of technology used in an implantable defibrillator. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/09/25/boston-scientific-damages?refid=0 Thu, 25 Sep 2014 18:12:17 -0500 Fewer Twin Cities homes under water on mortgages A home is considered "under water" when the borrower owes more on the mortgage than the home is worth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/09/25/fewer-twincities-homes-under-water?refid=0 Thu, 25 Sep 2014 16:19:03 -0500 Jimmy John's data breach includes 12 stores in Minnesota The sandwich chain says hackers stole credit and debit card data this summer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/09/24/jimmy-johns-discloses-data-breach?refid=0 Wed, 24 Sep 2014 17:41:32 -0500 Families rethink college borrowing as loans gain 'bad reputation' For years, loans were the answer to the question, "How do we pay for college?" Many families don't see it that way anymore. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/09/24/families-rethink-borrowing-for-college?refid=0 Wed, 24 Sep 2014 16:18:51 -0500 Minnesota unemployment rate dips to 4.3 percent August's jobless rate was the lowest in nearly eight years, moving Minnesota closer to "full employment." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/09/18/jobless-rate-august?refid=0 Thu, 18 Sep 2014 17:46:05 -0500 Recession over, Minnesota construction firms scramble to fill open jobs The state's construction firms, which shed tens of thousands of jobs because of the housing crash and the Great Recession, can't fill open jobs fast enough. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/05/19/construction-jobs?refid=0 Mon, 19 May 2014 06:57:00 -0500 Twin Cities home sales slip; prices trend higher Pending home sales dropped 4 percent over the year ending in April, the Minneapolis Area Association of Realtors reported Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/05/12/twin-cities-home-sales?refid=0 Mon, 12 May 2014 11:58:15 -0500 Wages up at Minn. factories, survey says Manufacturers in Minnesota are increasingly worried about finding qualified workers, according to a new survey from Enterprise Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/05/08/factory-wages-survey?refid=0 Thu, 08 May 2014 16:34:32 -0500 Long-term joblessness remains high in Minn., stumping experts Although unemployment in Minnesota is running far below the national average, it's still taking many Minnesotans an unusually long time to find work. Nearly 40,000 workers in the state have been job hunting for six months or longer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/05/06/longterm-jobless?refid=0 Tue, 06 May 2014 17:44:18 -0500 Target may go against history and look outside company for next CEO As Target searches for a new leader, a key question will be whether the company looks for someone who fits its corporate culture or brings in a different kind of executive, one who embodies change. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/05/06/target-new-ceo-search?refid=0 Tue, 06 May 2014 06:37:34 -0500 Twin Cities housing values show 9 percent gain over 12 months The broader S&P/Case-Shiller 20-city index rose 13 percent over the same period. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/29/twin-cities-housing-values-show-9-percent-gain-over-12-months?refid=0 Tue, 29 Apr 2014 13:52:29 -0500 3M income rises 7% in first quarter The company's health care business, which includes inhalers used to dispense medicine, led growth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/24/3m-income?refid=0 Thu, 24 Apr 2014 12:09:14 -0500 Minimum wage hike stirs worry among Minnesota's not-so-small businesses The costs are real and documented in economic literature. But not many economists believe the downsides to raising the minimum wage exceed the benefits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/17/minimum-wage-hike-minnesota-small-businesses?refid=0 Fri, 18 Apr 2014 07:00:00 -0500 Minnesota's jobless rate holds steady in March Job gains in the professional and business services sector led all others last month with 3,500 new jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/17/minnesotas-jobless-rate-holds-steady-in-march?refid=0 Thu, 17 Apr 2014 10:04:32 -0500 With supply of homes for sale at 10-year low, prices rise In March, the median sales price rose to $190,000. Half the homes sold in the Twin Cities fetched more; half sold for less. The median sales price has posted annual gains for 25 straight months. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/10/minnesota-home-prices?refid=0 Thu, 10 Apr 2014 18:38:45 -0500 Minneapolis Fed boss wants more action on jobs The head of the Federal Reserve Bank of Minneapolis says the Fed is "undershooting" and "underperforming" on its goals of promoting price stability and maximum employment. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/08/minneapolis-fed-boss-wants-more-action-on-jobs?refid=0 Tue, 08 Apr 2014 17:02:58 -0500 With no endorsement, State Rep. Kahn to face political newcomer Noor in primary DFL State Rep. Phyllis Kahn failed to win endorsement for a 22nd term at her district convention Saturday in Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/05/with-no-endorsement-state-rep-kahn-to-face-noor-in-primary?refid=0 Sat, 05 Apr 2014 21:21:06 -0500 Hammers swing for Twin Cities home builders as housing market recovers Those who survived the worst of it are now enjoying a rebound. Many of the foreclosures that flooded the region in the Great Recession have been wrung from the market. That's put the supply of used homes for sale at a 10-year low, according to the Minneapolis Area Association of Realtors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/02/twin-cities-home-builders-rebound?refid=0 Wed, 02 Apr 2014 17:51:15 -0500 Case-Schiller: Twin Cities home prices up 9% The broader index of 20 major metro areas was up by about 13 percent over the same period last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/25/business/case-schiller-twin-cities?refid=0 Tue, 25 Mar 2014 11:07:08 -0500 Report: Minn. has serious affordable housing problem Fair-market rent for a modest, two-bedroom rental in Minnesota is about $850 and full-time workers would have to earn $16.50 per hour to afford it, according to Minnesota Housing Partnership, one of the groups that released the report in conjunction with the National Low Income Housing Coalition. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/24/affordable-housing-report?refid=0 Mon, 24 Mar 2014 19:25:04 -0500 Americans would rather change professions than move somewhere new Researchers found that local labor markets are growing more uniform and less specialized. There aren't very many places like Silicon Valley boasting a strong concentration of one kind of job. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/21/workforce-trends?refid=0 Fri, 21 Mar 2014 06:30:00 -0500 China, Mexico lead Minnesota quarterly export growth Sales to Canada, the state's largest export market, were down 7 percent in the fourth quarter. Overall export numbers for the full year 2013 were down slightly, the trade office said. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/18/china-mexico-lead-minnesota-quarterly-export-growth?refid=0 Tue, 18 Mar 2014 13:24:09 -0500 Metro home prices rise, but sales drop The median sales price for a Twin Cities home climbed to about $183,000 in February, up 14 percent compared to the same month last year. But other measures of the housing market tumbled. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/12/metro-home-prices-rise-but-sales-drop?refid=0 Wed, 12 Mar 2014 10:16:54 -0500 Tight credit another hurdle for minority homebuyers Minorities in Minnesota may face many hurdles to buying a home. With lower educational attainment, income and savings rates than their white counterparts, some people of color may be less likely to qualify for mortgages -- or to apply for them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/11/tight-credit-another-hurdle-for-minority-homebuyers?refid=0 Tue, 11 Mar 2014 20:50:52 -0500 Bad weather puts a chill on the housing market Pending home sales in the Twin Cities were sluggish for at least half the month of February, according to preliminary reports from the Minneapolis Area Association of Realtors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/08/bad-weather-puts-a-chill-on-the-housing-market?refid=0 Sat, 08 Mar 2014 10:39:05 -0600 'Underwater' mortgages decline in Minn. as housing values recover At the end of 2013, about 10 percent of mortgaged properties were "underwater," down from about 16 percent a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/06/underwater-mortgages-minnesota?refid=0 Thu, 06 Mar 2014 15:35:50 -0600 Jump in Minnesota online job ads may signal warming labor market Only a handful of states produced a greater number of online job ads, said Steve Hine, Minnesota's chief labor market analyst. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/05/minnesota-labor-market?refid=0 Wed, 05 Mar 2014 16:42:15 -0600 Minnesota banks showing signs of improvement Lenders are struggling to increase profits, in part because loan growth is lackluster, said Ron Feldman, executive vice president at the Federal Reserve Bank of Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/04/minnesota-banks?refid=0 Tue, 04 Mar 2014 18:09:31 -0600 Survey: Manufacturers find cause for optimism Creighton's Minnesota Business Conditions Index climbed to 64 in February from about 58 in January. Scores above 50 indicate economic expansion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/03/businerss/survey-manufacturers-find-cause-for-optimism?refid=0 Mon, 03 Mar 2014 06:38:03 -0600 Minnesota's economy continues to improve Minnesota's economic improvements translate to more tax dollars flowing into state coffers. Officials expect that pattern will continue. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/28/minnesota-economy-continues-to-improve?refid=0 Fri, 28 Feb 2014 18:11:02 -0600 Reports: Best Buy laying off 2,000 managers The company has been laying off workers at headquarters in dribs and drabs, often on Tuesdays, according to MPR News sources. That's led some workers to dub those events "Termination Tuesday." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/26/best-buy-layoffs?refid=0 Wed, 26 Feb 2014 18:09:35 -0600 'Strongest' part of housing recovery may be done Twin Cities home prices ended 2013 up nearly 10 percent higher than the year before, but the "strongest part of the recovery" may be done. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/25/business/case-schiller-home-prices?refid=0 Tue, 25 Feb 2014 11:29:41 -0600 Minnesota businesses could soon be able to 'do well and do good' Socially-minded business owners want the chance to legally establish their companies as benefit corporations, or B-corporations. The new kind of corporate charter first appeared in Maryland four years ago. Now, about 20 states allow it. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/23/businesses-in-minn-could-soon-be-able-to-do-well-and-do-good-?refid=0 Mon, 24 Feb 2014 06:59:00 -0600 Snow causes hundreds of crashes statewide A spokesman for Minnesota State Patrol reports hundreds of vehicle spin-outs and accidents due to slick roads Monday morning. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/17/news/snow-crashes?refid=0 Mon, 17 Feb 2014 14:51:31 -0600 Twin Cities housing prices rise, distressed sales ebb The median sales price for homes climbed to $179,900, about 12 percent higher than January last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/12/business/twin-cities-housing-prices?refid=0 Wed, 12 Feb 2014 11:03:17 -0600 Minnesota Twins and other local companies sue Visa and MasterCard Every time a customer pays for something with a credit card, the proprietor of the business has to pay a cut of the transaction to banks and credit card companies. Merchants say the policy is too costly and too restrictive. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/10/twins-mastercard-visa-lawsuit?refid=0 Mon, 10 Feb 2014 18:31:33 -0600 Report: More affordable housing built in cities, despite suburban demand State and city governments are steering too much subsidized housing to Minneapolis and St. Paul -- at great societal and financial cost, according to the report issued today by the Institute on Metropolitan Opportunity at the University of Minnesota Law School. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/07/affordable-housing-report?refid=0 Fri, 07 Feb 2014 15:00:00 -0600 Growing evidence that patients need an affordable, stable home to be healthy A growing body of research indicates a strong link between health and housing. If patients' rent is too high, they might avoid spending money on medications to treat diabetes and other diseases. Frequent moves also can lead to or deepen mental health problems. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/04/health-housing?refid=0 Tue, 04 Feb 2014 16:24:53 -0600 Minnesota economy expands for 13th straight month, survey says Factory supply managers in Minnesota expressed optimism about the economy in a survey conducted last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/03/minnesota-economy-expands-for-13th-straight-month-survey-says?refid=0 Mon, 03 Feb 2014 09:51:34 -0600 Twin Cities home prices show 12-month gains The Case-Shiller index comes out two months later than local Realtor reports do and uses a different methodology to determine price gains. However, it largely reveals similar price trends. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/28/economy/twin-cities-home-prices?refid=0 Tue, 28 Jan 2014 08:59:46 -0600 Minn. unemployment rate holds fast at 4.6% Minnesota's jobless rate is more than two percentage points below the national rate of 6.7 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/23/business/minnesota-unemployment?refid=0 Thu, 23 Jan 2014 09:55:38 -0600 Target to lay off almost 500; another 700 open positions to go unfilled Target spokeswoman Molly Snyder would not specify how many of the cuts affect the retailer's headquarters in Minneapolis, where about 11,000 employees work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/22/business/target?refid=0 Wed, 22 Jan 2014 13:26:18 -0600 U.S. Bank, Wells Fargo to phase out 'payday loan' program Federal regulators advised the two banks to drop them, saying that the "deposit advance products pose a variety of credit, reputation, operational, and compliance risks to banks." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/17/wells-fargo-us-bank-payday-loans?refid=0 Fri, 17 Jan 2014 18:27:37 -0600 Twin Cities home sales slump in December, but up overall in 2013 Twin Cities home sales dropped off in December, but the housing market still finished 2013 in generally stronger shape than the year before. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/13/business/twin-cities-home-sales-slump-in-december?refid=0 Mon, 13 Jan 2014 13:38:44 -0600 Demand for workers picks up in Minn. There were 6,000 more job openings listed in the state in December compared to November. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/08/demand-for-workers-picks-up-in-minn?refid=0 Wed, 08 Jan 2014 15:40:22 -0600 Twin Cities home prices up 11% in October Twin Cities home prices were up about 11 percent in October compared to the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/31/business/twin-cities-home-prices?refid=0 Tue, 31 Dec 2013 13:31:35 -0600 Minn. exports grow slightly in third quarter Exports of Minnesota-made products grew tepidly in the third quarter compared to the same period last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/31/business/minnesota-exports?refid=0 Tue, 31 Dec 2013 09:09:34 -0600 Growing student loan debt spells trouble for the economy Over the past 10 years, the total amount of student loan debt in America has risen from about $250 billion to more than $1 trillion today. In an economy where consumerism is the lifeblood, that's bad news. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/23/growing-student-loan-debt-spells-trouble-for-economy?refid=0 Mon, 23 Dec 2013 17:45:43 -0600 Data breach creates PR headache for Target It's not clear how many customers could see fraudulent charges on their debit or credit cards. But plenty of shoppers worry they might. Some say Target is not doing enough to assuage customers' fears over the security breach. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/19/data-breach-creates-pr-nightmare-for-target?refid=0 Thu, 19 Dec 2013 20:50:18 -0600 Minn. jobless rate drops a tick in November Minnesota unemployment rate has fallen again, to 4.6 percent in November, as officials point to continuing signs of economic improvement. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/19/business/minnesota-unemployment?refid=0 Thu, 19 Dec 2013 11:46:26 -0600 Report: Rising home prices means more equity for homeowners Rising home prices in the third quarter helped Twin Cities homeowners build more equity in their homes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/17/business/home-equity-report?refid=0 Tue, 17 Dec 2013 17:43:09 -0600 8K in Minn. about to lose jobless benefits About 8,500 Minnesotans stand to lose their extended unemployment benefits starting Jan. 1 as extended unemployment benefits put in place during the recession come to an end. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/16/economy/unemployment-benefits?refid=0 Mon, 16 Dec 2013 09:39:20 -0600 State budget forecast shows favorable conditions, job growth Minnesota's economy made decent strides this year, despite lots of headwinds, says the state's chief economist. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/06/economy/state-budget-forecast?refid=0 Fri, 06 Dec 2013 04:00:00 -0600 Huge private equity firm claims stake in Twin Cities real estate So far, Invitation Homes has amassed 700 single-family homes in the area. Across the nation, the company has spent a staggering $7.5 billion to acquire 40,000 properties in 14 housing markets, making it the largest landlord of single-family houses in several cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/02/business/wall-street-landlords?refid=0 Mon, 02 Dec 2013 13:15:17 -0600 Twin Cities home prices up 10% Twin Cities home prices climbed 10 percent over the year ending in September, according to the widely followed S&P/Case-Shiller index. http://blogs.mprnews.org/minnecon/2013/11/twin-cities-home-prices-up-10/?refid=0 Tue, 26 Nov 2013 11:05:16 -0600 Turmoil at the Federal Reserve Bank of Minneapolis After some high level staffers were let go in the past month, critics are charging that the management style of Minneapolis Fed President Narayana Kocherlakota is alienating researchers and lacks vision. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/21/economy/turmoil-at-the-federal-reserve-bank-of-minneapolis?refid=0 Thu, 21 Nov 2013 06:33:15 -0600 Minn. foreclosures continue to decline About 3,000 Minnesota homes were foreclosed on from July through September, a third fewer than during the same period last year, according to HousingLink, a non-profit housing information and referral organization. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/20/business/minnesota-foreclosures?refid=0 Wed, 20 Nov 2013 13:36:33 -0600 Minn. employers to pay less into jobless fund Employers in Minnesota will pay less into the state's unemployment insurance trust fund next year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/19/business/unemployment-insurance-fund?refid=0 Tue, 19 Nov 2013 13:56:18 -0600 $50M from UnitedHealth goes to affordable housing projects UnitedHealth Group is putting up tens of millions of dollars to fund affordable housing projects in Minnesota, and plans to provide funding for low-income housing in Illinois. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/15/news/affordable-housing-projects?refid=0 Fri, 15 Nov 2013 18:03:31 -0600 Continued bond sales won't risk higher inflation, says head of Minneapolis Fed The Federal Reserve can continue to support the economy through bond purchases without risking higher inflation, the head of the Federal Reserve Bank of Minneapolis said. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/12/economy/continued-bond-sales?refid=0 Tue, 12 Nov 2013 17:24:30 -0600 Twin Cities housing market slows down The Twin Cities housing market cooled a bit in October as buyers were less active than a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/12/business/twin-cities-housing-market?refid=0 Tue, 12 Nov 2013 11:44:36 -0600 Sen. Klobuchar takes aim at sex trafficking Klobuchar says her bill will be modeled on Minnesota's "safe harbor" law for victims. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/02/news/sen-klobuchar-takes-aim-at-sex-trafficking?refid=0 Sat, 02 Nov 2013 13:56:01 -0500 Imation Corp. posts quarterly loss, sells business units Imation Corp. lost money in the third quarter of the year and is selling off business units. http://blogs.mprnews.org/minnecon/2013/10/imation-corp-posts-quarterly-loss-sells-business-units/?refid=0 Wed, 30 Oct 2013 18:20:15 -0500 Twin Cities home prices rise as sales slow According to the S&P/Case-Shiller report, home prices in the region rose 10 percent in August compared to the same month last year. The broader 20-city index posted a larger gain. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/29/case-schiller-twin-cities?refid=0 Tue, 29 Oct 2013 12:44:57 -0500 LGBT workplace equality subject of gathering The gathering will help companies navigate the range of laws tied to gay and lesbian issues, said Selisse Berry, executive director of Out & Equal Workplace Advocates, the San Francisco-based nonprofit sponsoring the conference. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/25/news/lgbt-workplace-equity-subject-of-gathering?refid=0 Sun, 27 Oct 2013 04:00:00 -0500 LGBT summit on workplace quality expects 2,000 attendees Workers, executives, and human resources officers will convene this week in Minneapolis for a major conference on lesbian, gay, bisexual and transgender equality in the workplace. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/25/business/lgbt-summit-workplace-quality?refid=0 Sun, 27 Oct 2013 00:00:01 -0500 Some candidates must audition - not just apply - for jobs Although Minnesota's job market has steadily improved since the great recession, more than 150,000 Minnesotans remain unemployed -- and it's still a buyer's market for labor. Hiring managers can afford to be picky, and employers are coming up with new hoops for job applicants to jump through. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/19/economy/some-candidates-must-audition--not-just-apply--for-jobs?refid=0 Mon, 21 Oct 2013 04:00:00 -0500 Pace slows, but Twin Cities home sales climb The price spike was due in part to fewer sales of low-priced foreclosures and short sales. They made up less than a quarter of all completed sales last month. Just two years earlier, they comprised nearly half of all completed sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/10/economy/pace-slows-but-twin-cities-home-sales-climb?refid=0 Thu, 10 Oct 2013 10:50:22 -0500 Twin Cities housing market confuses many Lots of people involved in the housing market say it still has vigor but has been slowing down. Some say they noticed the market turn down before September. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/09/twin-cities-housing-market-confuses-buyers-and-sellers-alike?refid=0 Wed, 09 Oct 2013 19:00:00 -0500 Survey shows Minn. businesses more upbeat about economy, but not state's business climate A new survey co-sponsored by the Minnesota Chamber of Commerce shows that employers' confidence about the economy is at its highest level since 2007. But respondents were gloomy about the state's business climate. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/02/employer-poll?refid=0 Wed, 02 Oct 2013 20:45:46 -0500 Manufacturers cite health law worries as reason not to hire About 38 percent of businesses reported that the Affordable Care Act had either caused them to be more reluctant to hire or actually reduced hiring or layoffs or cuts in hours according to a Creighton University poll. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/01/manufacturers-health-law?refid=0 Tue, 01 Oct 2013 12:22:20 -0500 Bankruptcy filings drop as Americans shed debt Bankruptcies have been on the decline in Minnesota since spiking during the recession. The reasons for the drop are complicated -- and they're less tied to a recovering economy than you might think. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/30/bankruptcy-filings-declining-in-minn?refid=0 Mon, 30 Sep 2013 06:24:06 -0500 Twin Cities home prices gain, but more slowly Prices rose about 10 percent over the year ending in July. That's a slower growth rate than in previous months and lower than the overall index's 12 percent growth over the same period. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/24/business/home-prices?refid=0 Tue, 24 Sep 2013 00:00:00 -0500 Minnesota employment back to pre-recession level state economic officials say the surge in hiring indicates Minnesota has regained all the jobs lost in the Great Recession, and then some, surpassing national job growth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/19/economy/employment-back-to-pre-recession-level?refid=0 Thu, 19 Sep 2013 18:05:59 -0500 Wells Fargo cuts 300 jobs in Twin Cities The layoffs are part of 1,900 cuts nationwide announced today by the bank, which is responding to a changing marketplace for home loans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/18/wells-fargo-cuts-300-jobs-twin-cities?refid=0 Wed, 18 Sep 2013 16:34:38 -0500 Twin Cities economy grew last year According to the U.S. Bureau of Economic Analysis, real GDP, an inflation-adjusted measure of the value of goods and services produced in a year, grew by 3.9 percent in the Twin Cities between 2011 and 2012. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/18/twin-cities-gdp?refid=0 Wed, 18 Sep 2013 13:54:43 -0500 Jobs report this week to show state's economic health There's reason to think that at the very least, employers in the state were not in layoff mode in August. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/16/economy/jobs-report-economic-health?refid=0 Mon, 16 Sep 2013 04:00:00 -0500 Twin Cities home sales still climbing, but more slowly Realtors say the market's fundamentals are still strong, but a seasonal slowdown is taking hold and affecting sellers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/12/twin-cities-home-sales-climb?refid=0 Thu, 12 Sep 2013 12:13:21 -0500 Twin Cities rental housing market tightens The vacancy rate for Twin Cities apartments charging less than $1,000 per month fell to 2 percent in the second quarter. That was down from a rate of 2.7 percent a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/10/twin-cities-rental-housing-market-tightens?refid=0 Tue, 10 Sep 2013 08:26:03 -0500 Report points to continued manufacturing growth The Creighton University business conditions index jumped to 59 in August from July's reading of 54. A score above 50 indicates economic expansion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/03/creighton-business-conditions-index?refid=0 Tue, 03 Sep 2013 13:06:23 -0500 Minn. exports fall in 2nd quarter International sales of Minnesota goods fell to $5.2 billion in the second quarter of the year. That was a drop of 6 percent compared to the same period last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/29/exports-down?refid=0 Thu, 29 Aug 2013 18:00:18 -0500 West Nile risk reportedly increases this week Even though overall mosquito numbers are dropping, there's a spike in the kind of mosquito that transmits West Nile virus. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/29/west-nile-virus-risk-rises?refid=0 Thu, 29 Aug 2013 14:53:59 -0500 Ads featuring same-sex couples not yet mainstream Advertisements featuring gay couples are still few and far between. Many companies try to cater to lesbian, gay, bisexual and transgender customers, but those efforts are generally not obvious to the general public. That's starting to change. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/29/business/advertising-same-sex-couples?refid=0 Thu, 29 Aug 2013 04:00:00 -0500 Community banks improve but struggle to boost profits As they continue to emerge from the economic depths of the Great Recession, Minnesota's community banks are contending with fewer loans that have soured, the Federal Reserve Bank of Minneapolis concluded after a quarterly look at banking conditions in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/22/community-banks-improve-but-struggle-to-boost-profits?refid=0 Thu, 22 Aug 2013 16:14:32 -0500 Cargill cites safety concerns in closing Lake Erie salt mine Cargill is halting its salt mining operations deep under Lake Erie in Ohio for safety reasons. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/21/cargil-closes-lake-erie-salt-min?refid=0 Wed, 21 Aug 2013 16:26:15 -0500 Company's 'patent trolling' will end in Minnesota after attorney general investigation The Delaware company, MPHJ Technology Investments LLC, was accused of trying to wring money out of hundreds of Minnesota businesses over alleged violation of patent rights. The company told business owners that their use of office equipment to scan documents to email infringed on its patents. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/20/business/patent-trolling-to-end-after-investigation?refid=0 Tue, 20 Aug 2013 18:50:56 -0500 Minnesota factories' output up, employment down Minnesota's factories are churning out lots of products like airplane parts and medical devices these days, but they're not exactly going on hiring sprees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/19/business/minnesota-factories-output-employment?refid=0 Mon, 19 Aug 2013 04:00:00 -0500 Help coming for job-hunting vets, older workers The city of Minneapolis and the state's economic development agency are teaming up on a program to help workers over age 50 and veterans under 30 escape long-term unemployment. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/14/business/workplace-unemployed-vets-older-workers?refid=0 Wed, 14 Aug 2013 10:47:22 -0500 Platform to Employment helps veterans, older workers find jobs A new program launching in Minneapolis next month aims to help long-term unemployed workers over age 50 and young veterans find jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/13/news/platform-to-employment?refid=0 Tue, 13 Aug 2013 18:02:53 -0500 Twin Cities home prices jump 17% over last year The median Twin Cities home price jumped to $208,757 last month, an increase of 17.2 percent compared to July of last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/12/business/twin-cities-home-prices?refid=0 Mon, 12 Aug 2013 10:04:54 -0500 In tight metro housing market, homebuyers seek edge with 'love letters' to owners To stand out in a crowded marketplace, some buyers have decided to employ a very traditional and personal medium -- deeply personal and emotional letters they hope will curry favor with the sellers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/11/business/real-estate-love-letters?refid=0 Mon, 12 Aug 2013 04:00:00 -0500 Minn. businessman competing in X Games The founder of a prosthetic knee manufacturer based in Pillager, Minn., is competing this weekend in an extreme sports competition in Los Angeles. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/03/news/minnesota-businessman-competes-in-x-games?refid=0 Sat, 03 Aug 2013 11:58:30 -0500 U of M reports record number of startups The University of Minnesota says it has launched a record number of startup companies in its 2013 fiscal year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/03/business/u-of-m-record-startups?refid=0 Sat, 03 Aug 2013 10:14:52 -0500 Optimism for economy continues, albeit muted A survey of factory supply managers shows continued, though slightly more muted, optimism about the economy in the coming months. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/01/economy/economic-optimism?refid=0 Thu, 01 Aug 2013 14:39:23 -0500 Minn. online job postings flat in July Labor demand as measured on online job boards in Minnesota was essentially flat in July. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/31/business/job-vacancies?refid=0 Wed, 31 Jul 2013 11:33:05 -0500 Moody's revises Minnesota financial outlook to 'stable' Minnesota's growing economy and better budget numbers got a vote of confidence Tuesday from one of the nation's major bond rating agencies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/30/economy/minnesota-financial-outlook?refid=0 Tue, 30 Jul 2013 15:19:22 -0500 New sick leave law may have limited effect A new state law that takes effect Thursday extends the ability of workers at some companies to take sick days to care for family members. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/30/business/sick-leave-law?refid=0 Tue, 30 Jul 2013 04:00:00 -0500 Twin Cities homebuilding continues rebound Builders this month pulled 533 permits for new projects -- 32 percent more than last July -- while permits for single-family homes reached their highest level in six years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/25/business/twin-cities-homebuilding?refid=0 Thu, 25 Jul 2013 14:11:20 -0500 Minn. jobless rates ticks down to 5.2%; temp jobs hit record high in June Minnesota employers added 400 jobs in June. The state unemployment rate fell 0.1 percent from the previous month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/18/economy/minnesota-unemployment?refid=0 Thu, 18 Jul 2013 09:56:37 -0500 How the jobless rate is measured and compiled Every month, someone telephones or knocks on the door of 76,000 households around the nation - including 1,700 in Minnesota to gather information for the The Current Population Survey. It's used to glean information about the job situation of working-age Americans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/18/economy/jobless-rate-measured-compiled?refid=0 Thu, 18 Jul 2013 04:00:00 -0500 Large group protests Zimmerman verdict in Minneapolis Protesters thronged the plaza of the Hennepin County Government Center Monday in downtown Minneapolis, chanting the name of slain teenager, Trayvon Martin, and carrying signs with slogans such as "Black Lives Matter" and "End Racism Now." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/16/news/protest-zimmerman-verdict?refid=0 Tue, 16 Jul 2013 04:00:00 -0500 Twin Cities home prices rise to '07 level Twin Cities home prices climbed about 18 percent in June compared to the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/11/business/twin-cities-home-prices?refid=0 Thu, 11 Jul 2013 12:08:34 -0500 Minnesota's exports flat in first months of 2013 Minnesota saw declines in exports to Japan and China, among the state's largest markets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/10/exports-flat?refid=0 Wed, 10 Jul 2013 18:48:02 -0500 MN, US home prices rise by most in 7 years The new numbers provide further evidence of improvements in the Twin Cities housing market. Metro home prices in April were up 15 percent from the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/25/economy/home-prices-rise-by-most-in-7-years?refid=0 Tue, 25 Jun 2013 10:35:22 -0500 Paid volunteer time increasingly common employee benefit A growing number of employers are offering paid volunteer time as an employee benefit. A study to be released today says that 20 percent of the companies surveyed offer paid volunteering time, a share that has increased over the past few years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/19/business/paid-volunteer-time-employee-benefit?refid=0 Wed, 19 Jun 2013 04:00:00 -0500 Dwight Opperman left publishing legacy, launched West into digital age A lion of Minnesota's business community, Dwight Opperman led West Publishing to become one of the most prominent publishers of legal content in the country. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/14/news/dwight-opperman-legacy?refid=0 Fri, 14 Jun 2013 16:45:18 -0500 Microsoft Windows stores coming to Best Buy Best Buy announced Thursday that it is partnering with Microsoft to open Windows stores at hundreds of locations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/13/business/best-buy-microsoft?refid=0 Thu, 13 Jun 2013 15:37:08 -0500 Twin Cities home prices rise again amid tightening supply The median Twin Cities sales price is up 15 percent to about $194,000. Supplies are so tight, some real estate agents are waging a campaign to get more homes listed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/12/business/twin-cities-home-prices?refid=0 Wed, 12 Jun 2013 10:42:02 -0500 Thrivent not just for Lutherans anymore Minneapolis-based Thrivent Financial for Lutherans is extending its membership eligibility to all Christians. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/06/business/thrivent-financial-lutherans-christians?refid=0 Thu, 06 Jun 2013 15:44:23 -0500 In leaving abusive situations, women should seek help Advocates for victims of domestic abuse say most women leave bad situations safely, but the threat of violence escalates when a separation is imminent. In cases where there has been a pattern of abuse, a break-up can be dangerous. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/05/news/women-domestic-violence?refid=0 Wed, 05 Jun 2013 18:04:53 -0500 2 dead, 2 injured in Shoreview shooting The Ramsey County Sheriff's Office is reporting that two people have died and two were injured in a shooting at a single family residence in Shoreview. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/04/news/shoreview-shooting?refid=0 Tue, 04 Jun 2013 16:40:00 -0500 Stinson retiring after 26 years as state economist Minnesota's new state economist is University of Minnesota extension economist and associate professor Laura Kalambokidis. She replaces Tom Stinson, who is stepping down from the post he's held since 1987. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/03/business/kalambokidis-replaces-stinson-as-state-economist?refid=0 Mon, 03 Jun 2013 19:00:00 -0500 With data gleaned from workers, companies hope to improve bottom line If you have taken an "employee engagement" survey lately, you have plenty of company. Employers are increasingly studying their workers to search for clues about how to improve business performance. They are also deploying more powerful software tools to find patterns that would go unnoticed otherwise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/01/business/big-data-employee-engagement-surveys?refid=0 Mon, 03 Jun 2013 04:00:00 -0500 Legislature funds job creation development program An economic development tool that will replace the JOBZ program got funded by the Legislature this week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/24/business/minn-job-creation-fund?refid=0 Fri, 24 May 2013 18:01:45 -0500 State touts new business subsidy program Minnesota's top economic development official is touting new programs to attract businesses to Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/24/business/state-touts-new-business-subsidy-program?refid=0 Fri, 24 May 2013 15:22:21 -0500 Five major Minnesota businesses benefiting from tax breaks and government aid Several big companies that plan to expand existing operations or start new ones in Minnesota got a big financial lift from the state's lawmakers in the legislative session that ended this week. Here's a brief look at the taxpayer funds for each. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/24/business/minnesota-businesses-taxes-aid?refid=0 Thu, 23 May 2013 18:00:00 -0500 Medtronic announces 500 job cuts in Minn. Medtronic says it's eliminating 2,000 jobs from its global workforce, with a net 340 Minnesota positions being eliminated. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/21/business/medtronic-job-cuts?refid=0 Tue, 21 May 2013 14:18:08 -0500 Minn. jobs, unemployment down in April Although Minnesota's unemployment rate fell to 5.3 percent last month, it was also another month of job declines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/16/economy/april-jobs-unemployment-down?refid=0 Thu, 16 May 2013 17:31:40 -0500 Ill. oil refineries spur MN gas price rise The temporary shutdown of two oil refineries in the Chicago area is putting pressure on gas prices in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/15/business/gas-prices-minnesota?refid=0 Wed, 15 May 2013 12:52:20 -0500 'Sleeving' market for homes sparks ethical controversy The historically low supply of homes in the Twin Cities means a dearth of listings for sale ... and bidding wars that take place over the few available homes. The steep competition is prompting some real estate agents to market homes privately, before they're listed publicly. The practice is legal, but some real estate agents think it's unethical. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/15/business/sleeving-market-homes?refid=0 Wed, 15 May 2013 04:00:00 -0500 Foreclosure numbers fall in Minn. A two-year decline in foreclosures in Minnesota continued in the first three months of this year, according to a new report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/13/business/foreclosure-numbers-fall-in-minn?refid=0 Mon, 13 May 2013 12:59:20 -0500 Twin Cities housing prices rise again A number of indicators point to continued improvements in the Twin Cities housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/10/business/april-home-prices?refid=0 Fri, 10 May 2013 11:49:55 -0500 Lawmakers ban criminal record disclosure on job applications Legislation has passed banning the section on employment applications asking job seekers to disclose whether they've been convicted of a crime. Hiring managers may still ask about criminal records during the screening process, but the new law is to prevent a record from being an automatic disqualifier. Supporters say people deserve a second chance. Skeptics say it will require costly changes to hiring procedures. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/09/news/ban-criminal-record-disclosure-job-application?refid=0 Thu, 09 May 2013 18:45:59 -0500 Minnesota's exports growth slowed in 2012 The latest report from the Minnesota Trade Office shows that the state's companies exported a record nearly $21 billion in products last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/08/business/minnesota-export-growth?refid=0 Wed, 08 May 2013 16:30:09 -0500 Housing market recovery accelerating Twin Cities housing market has hit the bottom and is now climbing back up, says an industry expert. Recent reports show mounting improvements. Buyers are waging bidding wars as they compete for scarce resources, and new home construction activity is spiking http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/30/economy/housing-market-recovery?refid=0 Tue, 30 Apr 2013 17:07:49 -0500 As office space shrinks and opens up, workers interact and distract The company office is getting a major facelift. Businesses are increasingly moving away from individual offices and enclosed cubicles to more open environments. While there's big cost savings, critics say the changes come with productivity losses. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/26/business/office-space?refid=0 Fri, 26 Apr 2013 04:00:00 -0500 US Bank survey: Minn. small businesses more optimistic about recovery Small business owners in Minnesota are more optimistic about the economic recovery compared to their cohorts in other states. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/23/business/us-bank-survey-small-businesses-optimism?refid=0 Tue, 23 Apr 2013 00:00:00 -0500 Minn. lost 5,200 jobs in March Minnesota's unemployment rate dropped a notch to 5.4 percent in March, according to figures released Thursday by the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/18/news/minnesota-unemployment?refid=0 Thu, 18 Apr 2013 11:45:59 -0500 Health costs worry Minnesota manufacturers A survey of Minnesota's manufacturing executives shows that the cost of healthcare is one of their top concerns. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/18/business/health-costs-worry-minnesota-manufacturers?refid=0 Thu, 18 Apr 2013 08:14:52 -0500 US jobs report could signal weakness in Minn. Minnesota's chief labor market analyst said he is concerned that the nation's recent jobs report could signal weakness in the state's employment numbers, due out this week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/13/business/us-jobs-report-could-signal-weakness-in-minn?refid=0 Sun, 14 Apr 2013 06:00:00 -0500 No consensus on where home prices headed If recent patterns hold, a report out Wednesday morning will likely show Twin Cities home prices continued to rise in March. In the past few months, prices have jumped as much as 16 percent over the same period last year. But real estate experts and professionals disagree on how long prices will continue to rise so sharply. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/10/economy/twin-cities-median-home-price?refid=0 Wed, 10 Apr 2013 10:26:00 -0500 Job applicants and social media: Employers take 'eyes wide shut' approach Job candidates might be nervous about efforts by potential employers to look for them on social networking websites like Facebook or Twitter. Unless applicants have strict settings on their social media accounts, they may broadcast revealing details about their lives, including their drinking habits, political views, weight, race and marital status. Such information makes some employers nervous. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/06/business/prospective-employees-and-social-media?refid=0 Mon, 08 Apr 2013 08:00:00 -0500 Minneapolis Fed chief more upbeat about US economy Narayana Kocherlakota's formal outlook has not changed but he is sanguine about the economy's ability to withstand troubles in Europe and uncertainties at home. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/28/economy/minneapolis-narayana-kocherlakota-more-upbeat?refid=0 Thu, 28 Mar 2013 04:00:00 -0500 Gov.'s revised budget would slash unemployment insurance taxes for businesses Unemployment insurance taxes from businesses would be slashed by a total of nearly $350 million under Gov. Mark Dayton's revised budget proposal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/22/business/gov-revised-budget-unemployment-insurance-taxes?refid=0 Fri, 22 Mar 2013 17:16:26 -0500 Employees misclassified as contractors can cost firms a bundle In the wake of the Great Recession, some employers are choosing to use independent contractors instead of hiring permanent employees. But that cost savings strategy can result in lawsuits or hefty fines. Federal agencies and private law firms are going after businesses that misclassify employees as contractors as a way to save money. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/22/labor/employees-misclassified-contractors?refid=0 Fri, 22 Mar 2013 04:00:00 -0500 Minn. gains 14,500 jobs in Feb. Minnesota's economy added 14,500 jobs last month, and January's tally was revised upward by another 1,400 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/21/business/february-minnesota-jobs-report?refid=0 Thu, 21 Mar 2013 10:12:56 -0500 Twin Cities home sales down in February Twin Cities home sales faltered in February, dropping about 5 percent from the same month a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/12/business/twin-cities-home-sales-down-in-february?refid=0 Tue, 12 Mar 2013 11:30:09 -0500 Minn. job openings fall in February Job openings posted online dipped in February, nationwide and in Minnesota according to the latest report from The Conference Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/06/business/minnesota-job-openings?refid=0 Wed, 06 Mar 2013 11:45:05 -0600 Job recovery nearly complete but recession's effects linger Job recovery in Minnesota is further along than thought. The Minnesota Department of Employment and Economic Development has issued revisions to the state's job numbers going back almost two years. The new numbers suggest that in another month or two, Minnesota's payroll levels will return to their pre-recessionary peak. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/06/economy/job-recovery-recession?refid=0 Wed, 06 Mar 2013 04:00:00 -0600 Minn. picks up 12K jobs in Jan. Minnesota's employers added about 12,000 new jobs in January, which helped put the state's job market 90 percent of the way back to pre-recession levels. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/05/minn-unemployment-ticks-up-in-jan?refid=0 Tue, 05 Mar 2013 10:52:05 -0600 Budget forecast: economy clearly mending, but only modest job growth The new state budget forecast indicates Minnesota's job market will grow modestly and employment could finally return to pre-recession levels this year. The review out yesterday says federal spending cuts taking effect today threaten relatively few jobs in Minnesota. But political uncertainty continues to be a damper on growth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/01/budget-forecast-economy-clearly-mending-but-only-modest-job-growth?refid=0 Fri, 01 Mar 2013 04:00:00 -0600 Sequester unlikely to derail Minn. economy, Stinson says Across-the-board federal budget cuts known as the sequester are unlikely to derail the state's economy, says Tom Stinson, state economist. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/28/economy/sequester-minnesota-stinson?refid=0 Thu, 28 Feb 2013 17:08:25 -0600 Twin Cities home prices show strong gains Home prices in the Twin Cities finished 2012 with their strongest gains in more than a decade, according to a new report Tuesday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/26/economy/twin-cities-home-prices-gains-strongest-in-decade?refid=0 Tue, 26 Feb 2013 17:03:44 -0600 Report: Minnesota banks gained, but 2012 not a banner year Minnesota's community banks enjoyed some financial gains in 2012, according to a report from the Federal Reserve Bank of Minneapolis. But it was not a banner year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/21/finance/report-minnesota-banks?refid=0 Thu, 21 Feb 2013 19:21:02 -0600 Mayo's expansion may create jobs, but how many? The Mayo Clinic said its planned expansion will create about 35,000 jobs in Minnesota; 10,000 to 15,000 of those jobs would involve direct employment at Mayo. Some experts are skeptical of the job projections. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/21/business/mayo-expansion-job-projection?refid=0 Thu, 21 Feb 2013 11:27:00 -0600 Report: Minn. foreclosures drop to lowest level since '06 Home foreclosures in Minnesota have fallen to their lowest level since 2006, according to the Minnesota Home Ownership Center. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/13/business/foreclosure-report?refid=0 Wed, 13 Feb 2013 12:46:39 -0600 Metro housing market continues to improve The Twin Cities housing market posted more signs of health in January. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/12/business/twin-cities-housing?refid=0 Tue, 12 Feb 2013 13:08:21 -0600 Tight supply of homes for sale stymies families and metro market The glut of homes that the housing crisis dumped into the real estate market has largely dried up. By the end of last year the supply of homes for sale in the Twin Cities hit its lowest level in 10 years. Reluctant sellers are partly responsible for those low inventories. Many home owners still feel uneasy about putting their homes up for sale. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/03/business/few-homes-for-sale-twin-cities?refid=0 Mon, 04 Feb 2013 04:00:00 -0600 Homebuilding activity in Twin Cities continues upward trajectory in January Twin Cities builders pulled about 300 permits to break ground on new projects in January-- a nearly 70 percent increase from the same month last year. The dollar value of those permits was also considerably higher. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/02/business/homebuilding-activity--twin-cities?refid=0 Sat, 02 Feb 2013 04:00:00 -0600 Job openings in Minn. drop in January Job openings posted online in Minnesota dropped this month, according to the latest report from The Conference Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/30/business/job-openings-in-minnesota-drop?refid=0 Wed, 30 Jan 2013 13:18:46 -0600 Home prices rise in Twin Cities Twin Cities home prices posted healthy gains in November, according to the latest Standard & Poor's Case-Shiller home price index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/29/business/home-prices-in-the-twin-cities?refid=0 Tue, 29 Jan 2013 11:14:35 -0600 Job seekers want feedback that many employers aren't giving Many unemployed people crave feedback from employers who turn them down for jobs. But most applicants only get a rejection form letter, if they receive any communication at all. Hiring professionals say companies are trying to do a better job responding to job applicants. But many remain overwhelmed by the flood of candidates knocking on their door. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/21/business/job-seekers-rejections?refid=0 Mon, 21 Jan 2013 16:43:59 -0600 Mpls. Fed chief: 'Easy money' policy should go further The head of the Federal Reserve Bank of Minneapolis says the central bank's current easy money policy needs to be pushed further. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/15/business/minneapolis-fed-chief-interest-rates?refid=0 Tue, 15 Jan 2013 13:57:25 -0600 Turned down for a job? Software may be the reason If you've been turned down for a job in recent years, it might have been courtesy of the company's hiring software. The software systems winnow down a pool of job applicants before a human -- namely, a hiring manager -- ever lays eyes on candidates' resumes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/09/business/hiring-software?refid=0 Wed, 09 Jan 2013 17:22:11 -0600 Mpls. Fed forecasts strong 2013 job growth Minnesota is poised for stronger employment growth in 2013, according to a forecast from the Federal Reserve Bank of Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/03/business/minneapolis-federal-reserve-job-growth-forecast?refid=0 Thu, 03 Jan 2013 13:54:08 -0600 Fiscal cliff deal extends jobless benefits The tax deal reached by lawmakers in Washington this week includes help for unemployed workers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/02/politics/unemployment-benefits-fiscal-cliff?refid=0 Wed, 02 Jan 2013 13:11:15 -0600 Survey: Minn. manufacturers more upbeat A survey of manufacturers in Minnesota showed rising optimism in December after several months of contraction. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/02/business/creighton-survey-minnesota-manufacturing?refid=0 Wed, 02 Jan 2013 11:55:36 -0600 Congressional gridlock threatens benefits for 12,000 jobless in Minn. It looks all but certain that some 12,000 jobless Minnesotans will lose their extended unemployment insurance after this week. They're all slated to come to a halt tomorrow, barring a last-minute agreement from a deeply divided Congress. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/28/economy/stalemate-puts-unemployed-minnesotans-at-risk?refid=0 Fri, 28 Dec 2012 15:56:52 -0600 Case-Shiller: Metro, US home prices rising Home prices enjoyed another big lift nationally and in the Twin Cities in October. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/26/regional/metro-home-prices?refid=0 Thu, 27 Dec 2012 09:30:00 -0600 'Fiscal cliff' tumble could affect one-fourth of Minnesota taxpayers The deadline resolve the budget impasse in Washington is now just days away. Without a deal, the slate of budget cuts and tax hikes known as the fiscal cliff will take effect. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/24/economy/minn-taxpayers-fiscal-cliff?refid=0 Mon, 24 Dec 2012 14:07:26 -0600 Clock ticking to apply to foreclosure fund Victims of wrongful foreclosures have about one month to apply for funds from a national mortgage settlement. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/15/business/foreclosure-settlement?refid=0 Sat, 15 Dec 2012 10:43:35 -0600 Online attack targets US Bank US Bank fell prey to a cyber attack aimed at America's largest banks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/12/business/online-attack-targets-us-bank?refid=0 Wed, 12 Dec 2012 17:07:10 -0600 Twin Cities home prices continue to climb Twin Cities home prices saw their ninth-consecutive month of gains in November. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/12/business/twin-cities-home-prices?refid=0 Wed, 12 Dec 2012 11:43:51 -0600 Foreclosure review request deadline nears The application deadline is approaching for independent foreclosure reviews that could provide financial benefits to thousands of Minnesotans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/07/business/deadline-foreclosure-review?refid=0 Fri, 07 Dec 2012 17:27:48 -0600 Minnesota's economic growth forecast: Maybe tepid, or worse Minnesota's top economic minds are deeply concerned about the budget impasse in Washington, suggesting the fiscal cliff could cost the state 70,000 jobs over the next couple years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/06/economy/minnesota-economic-forecast?refid=0 Thu, 06 Dec 2012 06:37:00 -0600 Minnesotans not paying attention to fiscal cliff If Congress and President Obama don't reach a deal to resolve the fiscal cliff before the end of the year, a series of tax hikes and federal spending cuts will kick in on Jan. 1. But many Minnesotans aren't paying much attention to the fiscal cliff. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/02/politics/fiscal-cliff-minnesota-reaction?refid=0 Mon, 03 Dec 2012 04:00:00 -0600 Wells Fargo smartphone app can now make deposits The two biggest banks in Minnesota, Wells Fargo and US Bank, now permit customers to deposit checks using their smartphones. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/28/business/wells-fargo-smartphone-app?refid=0 Wed, 28 Nov 2012 18:14:32 -0600 Twin Cities home prices continue to rise Twin Cities home prices continued to rise in September, according to the latest numbers from the Standard & Poor's/Case-Schiller Home Price Index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/27/business/twin-cities-home-prices?refid=0 Tue, 27 Nov 2012 16:15:51 -0600 Target Corp. goes on 50 years of Black Friday's They didn't call it Black Friday at the time, but 50 years ago Target held its first-ever day-after-Thanksgiving sale. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/21/business/target-corp-50-years?refid=0 Wed, 21 Nov 2012 18:14:02 -0600 Minn. banks' bad loans on decline Minnesota banks on the whole had fewer bad loans and slightly better profits in the three months ending in September. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/20/business/banks-bad-loans-on-decline?refid=0 Tue, 20 Nov 2012 14:40:03 -0600 57-year-old Pine Bend Refinery could get $400M upgrade Flint Hills Resources has revealed plans for a $400 million upgrade of its 57-year-old Pine Bend Refinery in Rosemount. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/16/business/pine-bend-refinery-upgrade?refid=0 Fri, 16 Nov 2012 14:49:50 -0600 After slump, construction firms begin to hire At a time when thousands of workers were leaving construction for lack of work, CJ Akins went running towards it. She's among a growing number of people who are benefitting from construction firms that have begun to hire again, a sharp contrast to a few years ago when the housing sector tanked and new building projects came to a halt. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/13/business/after-slump-construction-firms-begin-to-hire?refid=0 Tue, 13 Nov 2012 04:00:00 -0600 Twin Cities home prices rise in Oct. The median home price climbed to $175,000, up nearly 15 percent from the same period last year. October was the eighth consecutive month of price gains. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/12/business/october-a-good-month-for-metro-real-estate?refid=0 Mon, 12 Nov 2012 11:43:48 -0600 $105M to help low-income Minnesotans pay heating bills The federal government is giving $105 million to a program to help low-income Minnesotans pay heating bills. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/09/news/heating-assistance-program?refid=0 Fri, 09 Nov 2012 19:42:11 -0600 Mixed bag: Minn. businesses, employees react to Obama's re-election Consumers and businesses alike have been jittery about spending cash, resulting in weak economic activity and tepid job growth. Confidence in the economy among some Minnesota employers is still wavering in the wake of the election. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/08/business/employees-react-to-obamas-reelection?refid=0 Thu, 08 Nov 2012 08:00:00 -0600 Survey: Minn. manufacturing in slump A gauge of economic activity among Minnesota's manufacturers continued to languish in October. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/01/business/survey-minnesota-manufacturing-in-slump?refid=0 Thu, 01 Nov 2012 11:22:11 -0500 Minn. online job postings up slightly Online job postings in Minnesota ticked up slightly this month according to the Conference Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/31/business/minnesota-online-job-postings-up-slightly?refid=0 Wed, 31 Oct 2012 13:08:58 -0500 Sandy could give Target a small sales bump In the days leading up to the storm, Target likely got a sales bump from customers stocking up on essentials like food, flashlights and batteries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/30/business/sandy-could-give-target-a-small-sales-bump?refid=0 Tue, 30 Oct 2012 13:20:42 -0500 Difficult to gauge hurricane's effects on business Minnesota-based retailers with operations on the East Coast say it's too early to gauge the financial impact of Hurricane Sandy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/29/business/hurricane-effects-on-business-difficult-to-gauge?refid=0 Mon, 29 Oct 2012 18:02:44 -0500 Senate committee report highly critical of Medtronic Some powerful U.S. Senators are leveling serious charges against Medtronic, releasing today a sharply critical report on the company's spine product, InFuse. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/25/health/senate-report-critical-medtronic?refid=0 Thu, 25 Oct 2012 18:37:01 -0500 Energy use increases as air conditioners turn on Hot weather likely means greater energy use as Minnesotans turn on their air conditioners. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/03/business/air-conditioning-energy-cost?refid=0 Tue, 03 Jul 2012 17:51:39 -0500 Same-sex marriage supporters back General Mills Groups backing same-sex marriage say they have gathered more than 80,000 signatures on petitions supporting General Mills. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/03/business-general-mills?refid=0 Tue, 03 Jul 2012 15:25:35 -0500 IT workers largely shielded from economy's woes While thousands of Minnesotans are still struggling with unemployment, some lucky workers are entertaining multiple job offers. That's the world of tech jobs these days, where demand for talent is so great that workers seem to be enjoying a seller's market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/01/regional/tech-workers?refid=0 Mon, 02 Jul 2012 12:42:00 -0500 Minn. exports grow to $5B Minnesota exports grew to nearly $5 billion in the first three months of the year, a 2 percent increase from the same period a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/28/business/minnesota-exports-grow?refid=0 Thu, 28 Jun 2012 14:29:10 -0500 TCF drops monthly checking account fee TCF Bank says it's ditching a monthly maintenance fee for most of its checking accounts. The bank had imposed the fees in 2010 in response to federal restrictions that cut into revenue. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/27/business/tcf-drops-monthly-checking-account-fee?refid=0 Wed, 27 Jun 2012 16:46:28 -0500 Twin Cities home prices up in April A housing index shows that Twin Cities home prices logged gains in April. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/26/business/april-home-prices?refid=0 Tue, 26 Jun 2012 18:44:22 -0500 Best Buy workers weigh company's ruin or revival Best Buy's CEO and its founder recently left the company after a scandal. And the retailer has faced lots of criticism that it hasn't done enough to respond to fierce competition from online and bricks and mortar rivals. Some Best Buy employees who spoke to MPR News are still confident in the company's future, while others are planning their exit strategy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/21/business/best-buy-employee-morale?refid=0 Thu, 21 Jun 2012 14:27:30 -0500 Best Buy committed to change, CEO says Best Buy's leaders promised more aggressive cost-cutting and innovation at today's annual shareholder meeting. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/21/business/best-buy-annual-meeting?refid=0 Thu, 21 Jun 2012 11:59:48 -0500 Twin Cities homes prices climb again The median sales price climbed to $169,000, notching a roughly 11 percent gain from the same month last year. Prices rose in April and March as well. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/12/minnesota-housing-market?refid=0 Tue, 12 Jun 2012 17:00:07 -0500 Minn. economic reports a mixed bag Regional reports on the job and housing markets for the month of May are due out this week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/09/regional-econ?refid=0 Mon, 11 Jun 2012 06:32:00 -0500 Schulze leaves Best Buy early; next step is unclear Best Buy founder and chairman Richard Schulze is stepping down from his board position earlier than originally planned to explore options for his hefty 20 percent stake in the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/07/business/best-buy-founder-schulze-to-resign?refid=0 Thu, 07 Jun 2012 17:15:28 -0500 Supervalu to cut 2,500 Albertson's jobs Twin Cities-based Supervalu plans to cut up to 2,500 western U.S. workers in its Albertson's subsidiary. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/06/supervalu-cut-jobs?refid=0 Thu, 07 Jun 2012 06:45:41 -0500 Thrivent considering allowing non-Lutherans Minneapolis-based Thrivent Financial for Lutherans says it's considering backing off its Lutheran membership requirement. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/06/business/thrivent-lutherans?refid=0 Wed, 06 Jun 2012 11:49:26 -0500 Unemployment benefits cut to 46 weeks The maximum duration of extended unemployment benefits in Minnesota will drop from 60 to 46 weeks later this month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/04/unemployment-benefits?refid=0 Mon, 04 Jun 2012 15:10:36 -0500 Minnesota business conditions index slips Minnesota manufacturers foresee growing strength in the regional economy over the next three to six months. That's according to a survey of supply managers from Creighton University. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/01/midwest-business-conditions?refid=0 Fri, 01 Jun 2012 09:08:23 -0500 Minn. online job postings decline The number of online want ads for jobs in Minnesota dropped in May, according to the research group The Conference Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/30/online-job-postings?refid=0 Wed, 30 May 2012 09:49:05 -0500 Twin Cities home prices up for 2nd month The Twin Cities housing market in March posted its second consecutive month of price gains on an annual basis, according to the latest Standard & Poor's Case-Shiller Home Price Index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/29/home-prices-up?refid=0 Tue, 29 May 2012 11:05:21 -0500 Maddeningly long short sales may get shorter Short sales involve selling a home for less than is owed, and most people who have been through one probably would not describe it as a short process. But new federal guidelines could push banks to approve those sales faster. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/25/short-sale-homes?refid=0 Fri, 25 May 2012 17:52:28 -0500 Got enough diapers? Check. Baby blankets? Check. Fear? The last thing expectant parents need is more reason to be afraid. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/23/baxter?refid=0 Wed, 23 May 2012 05:00:00 -0500 Fed: MN banks nearly past financial crisis Minnesota banks are almost past the crisis from the financial meltdown, according to the Federal Reserve Bank of Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/21/business/fed-minnesota-banks-financial-crisis?refid=0 Mon, 21 May 2012 16:18:10 -0500 Slight drop in unemployment not result of healthier labor market Minnesota's unemployment rate fell slightly to 5.6 percent in April, but the improvement did not come about as a result of a healthier labor market. Instead, many unemployed workers gave up on their job hunt and were no longer counted as unemployed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/17/unemployment-report?refid=0 Thu, 17 May 2012 18:48:22 -0500 New Best Buy leader promises 'stronger' future The interim CEO at Best Buy is trying to reassure employees that the company will emerge from a recent scandal "stronger and better." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/15/business/best-buy-future?refid=0 Tue, 15 May 2012 16:20:22 -0500 Best Buy's Richard Schulze: Stereo seller to retail giant In 1966, Best Buy was a stereo specialty retailer called Sound of Music, founded by Richard Schulze in St. Paul. Today, Schulze is another casualty of the recent scandal that swept Best Buy's chief executive Brian Dunn out of the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/15/best-buy-richard-schulze-legacy?refid=0 Tue, 15 May 2012 04:00:00 -0500 Nursing shortage largely a myth for job seekers There's been a steady stream of reports predicting a dearth of nurses in the coming years. One recent forecast projects a national shortage of up to 1 million nurses in 2020. But students graduating from nursing programs in Minnesota this year are finding it harder than they thought to find a job. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/10/nursing-shortage-largely-a-myth?refid=0 Fri, 11 May 2012 04:00:00 -0500 Labor market could stay sluggish, finance head says The head of the Federal Reserve Bank of Minneapolis says the U.S. labor market could be stuck in neutral for a protracted period of time. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/11/narayana-kocherlakota-labor-market?refid=0 Fri, 11 May 2012 04:00:00 -0500 Twin Cities home prices jump in April Twin Cities home prices saw a big jump last month: The median price climbed to $163,000 in April, a gain of 12 percent from the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/10/business/twin-cities-home-prices-jump-in-april?refid=0 Thu, 10 May 2012 12:22:51 -0500 Minnesota, US manufacturing growth on the rise Minnesota manufacturers are projecting a pickup in business and employment over the coming months, and U.S. manufacturing grew last month at the fastest pace in nearly a year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/01/minnesota-us-manufacturing?refid=0 Tue, 01 May 2012 10:22:49 -0500 Good jobs sign: more online want ads The number of online help-wanted ads for Minnesota jobs jumped in April, according to data from the New York-based research firm The Conference Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/30/online-want-ads?refid=0 Mon, 30 Apr 2012 12:20:54 -0500 Water pipes in suspicious bag at MSP Officials say a brief evacuation of the Minneapolis-St. Paul International Airport today was spurred by a bag containing materials supposedly used for water filtration. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/27/msp-airport-closed?refid=0 Fri, 27 Apr 2012 11:10:10 -0500 New physics research lab will study neutrinos Federal and state officials are commemorating the opening of a high tech physics lab in northern Minnesota today. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/26/new-physics-research-lab-will-study-neutrinos?refid=0 Thu, 26 Apr 2012 20:27:17 -0500 Rep. Kline on House passing student loan bill The U.S. House of Representatives passed a bill Friday to hold down interest rates on some student loans. But the measure faces a veto threat from President Obama, who doesn't like the funding source. Republican Rep. John Kline spoke to The Daily Circuit shortly after the vote. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/27/daily-circuit-john-kline-student-loans?refid=0 Thu, 26 Apr 2012 15:00:00 -0500 New Minn. business filings up 24 pct. so far in 2012 Secretary of State Mark Ritchie says about 90 percent of the 18,000 new businesses were created by individuals who are self-employed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/26/minnesota-business-filings?refid=0 Thu, 26 Apr 2012 14:57:44 -0500 US Bank pulls out of student loan biz U.S. Bank will continue to service its existing loans, but it stopped taking new applications for student loans on March 29, 2012. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/25/us-bank-pulls-out-of-student-loan-business?refid=0 Wed, 25 Apr 2012 14:42:27 -0500 Twin Cities home prices rise in Feb. Twin Cities home prices climbed into positive territory in February compared to the same month a year ago, rising .4 percent, according to Standard & Poor's/Case-Shiller National Home Price Index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/24/case-schiller-twin-cities-home-prices?refid=0 Tue, 24 Apr 2012 10:04:03 -0500 Dayton urges lawmakers to act on bonding bill, stadium DFL Gov. Mark Dayton says there are a number of projects he's hoping to see included in a bonding bill. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/24/dayton?refid=0 Tue, 24 Apr 2012 07:43:36 -0500 'Kony' tagged on Walker's 'Spoonbridge' sculpture The Walker Art Center says vandals spray painted the iconic "Spoonbridge and Cherry" sculpture, as well as two other objects in the Walker sculpture garden over the weekend. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/23/kony-tagged-on-walkers-spoonbridge-sculpture?refid=0 Mon, 23 Apr 2012 14:59:29 -0500 Flight makes emergency landing; students OK A Delta spokesman says the plane took off from LaGuardia Airport Sunday evening and made an emergency landing when crew members detected an electrical smell. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/23/delta-flight-emergency-landing?refid=0 Mon, 23 Apr 2012 09:49:52 -0500 Mark Cangemi, 9/11 investigator, adopts immigrant teen's cause The immigration special agent who ordered the arrest of convicted Sept. 11 hijacker Zacarias Moussaoui has taken up a new cause. Mark Cangemi is trying to help an immigrant teenager stay in the country. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/20/mark-cangemi-immigration?refid=0 Mon, 23 Apr 2012 04:00:00 -0500 St. Paul Macy's cutting hours The retailer will close Mondays through Saturdays at 6 p.m. instead of 7 p.m. and will be closed all day on Sundays except during the holiday season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/18/downtown-saint-paul-macys-store-hours?refid=0 Wed, 18 Apr 2012 15:00:37 -0500 US Bancorp Q1 profit up 28 pct The bank set aside less money for bad loans and got a boost from jumps in income from both loans and fees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/17/us-bancorp-profit?refid=0 Tue, 17 Apr 2012 10:50:26 -0500 Some employment seekers fearful, sabotage own job hunt Competition for jobs remains tough. And some job seekers also face an internal obstacle in their job hunt: a fear of going back to work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/07/job-seeker-self-sabotage?refid=0 Tue, 07 Feb 2012 04:00:00 -0600 Minn. employers post fewer job ads in January Minnesota employers posted about 106,000 online jobs in January -- about 2,600 fewer than in December, the Conference Board says. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/01/minnesota-job-postings?refid=0 Wed, 01 Feb 2012 16:28:36 -0600 Minnesota manufacturing index takes big January jump Manufacturing in Minnesota continued to signal economic expansion in January. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/01/midwest-economic-index-takes-big-jump?refid=0 Wed, 01 Feb 2012 12:15:15 -0600 Pay a sticking point for manufacturers seeking skilled workers Factories are experiencing a shortage of skilled and qualified workers and as a result haven't been able to grow. Trade schools can't graduate students from their manufacturing programs fast enough to meet employers' hunger for talent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/26/skilled-worker-shortage?refid=0 Thu, 26 Jan 2012 06:00:00 -0600 Target mulling bigger expansion to Brooklyn Park campus The discount retail chain is now asking for environmental review of 1.7 million square feet of office space at its campus in Brooklyn Park. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/24/target-mulling-bigger-brooklyn-park-campus?refid=0 Tue, 24 Jan 2012 16:09:46 -0600 Church of missing Minn. couple prays; more bodies pulled from water Members of a Twin Cities Catholic church are praying for good news about their fellow parishioners who are still missing after a cruise ship capsized off the west coast of Italy Saturday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/16/minn-couple-church-praying?refid=0 Tue, 17 Jan 2012 10:20:31 -0600 Red Bull Crashed Ice draws 90,000 people to St. Paul The Red Bull Crashed Ice World Championship drew as many as 90,000 people on its peak night Saturday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/16/red-bull-crashed-ice-impact?refid=0 Mon, 16 Jan 2012 17:58:44 -0600 Beargrease Sled Dog Marathon canceled due to lack of snow The 29th running of the John Beargrease Sled Dog Marathon in northeastern Minnesota has been canceled due to lack of snow, according to an announcement Monday from organizers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/16/beargrease-cancelled?refid=0 Mon, 16 Jan 2012 11:09:28 -0600 Minn. couple among missing in cruise ship wreck The children of a White Bear Lake couple say their parents are among the missing from a cruise ship that ran aground off the coast of Italy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/16/minnesota-couple-among-missing-in-cruise-ship-wreck?refid=0 Mon, 16 Jan 2012 07:21:00 -0600 Real estate market shows pulse, but not yet roaring back to life Minnesota's real estate industry enjoyed some improvement in 2011, but don't expect a roaring comeback this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/11/real-estate-improvement?refid=0 Wed, 11 Jan 2012 17:27:43 -0600 Twin Cities real estate showing improvements The end of 2011 brought some improvements to the Twin Cities residential real estate market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/11/twin-cities-real-estate-showing-improvements?refid=0 Wed, 11 Jan 2012 12:51:18 -0600 Survey: Minn. economy will see slow growth in 2012 Minnesota's manufacturing sector continues to expand, according to the latest Business Conditions Index report from Creighton University. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/03/midwest-economic-trends?refid=0 Tue, 03 Jan 2012 18:06:58 -0600 Minnesota manufacturing sector continues to grow Minnesota's manufacturing sector continues to expand, according to the latest Business Conditions Index report from Creighton University. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/03/creighton-minnesota-manufacturing?refid=0 Tue, 03 Jan 2012 08:34:57 -0600 Benefits of job retraining not always clear Because too many jobless workers lack the skills that are in demand, politicians and economists alike have focused a lot of attention on worker retraining as a key tool for putting the unemployed back to work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/26/jobless-retraining?refid=0 Mon, 26 Dec 2011 04:00:00 -0600 Incremental - but solid - economic growth expected in 2012 The Federal Reserve Bank of Minneapolis projects solid economic performance for Minnesota in 2012. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/20/minn-economic-growth?refid=0 Tue, 20 Dec 2011 16:26:27 -0600 Unemployment drop ends extended benefits for jobless Minnesotans Unemployment in Minnesota has dropped to 5.9 percent, disqualifying the state from the federal extended unemployment benefits program. Thousands of unemployed Minnesotans could find bad news in their mailbox Friday, if they haven't already. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/16/extended-benefit-end?refid=0 Fri, 16 Dec 2011 04:00:00 -0600 Anticipated report could signal end of jobless benefits The Minnesota jobs report out this morning could spell the end of jobless benefits for thousands of the state's long-term unemployed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/15/report-end-jobless-benefits?refid=0 Thu, 15 Dec 2011 04:00:00 -0600 Foreclosures drive down Twin Cities November home prices The median Twin Cities home price fell to about $149,000 in November -- down 10 percent on an over-the-year basis, according to a report today from the Minneapolis Area Association of Realtors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/12/twin-cities-housing-prices?refid=0 Mon, 12 Dec 2011 10:48:46 -0600 Housing market could stabilize next year, one economist says Minnesota's housing market may enjoy greater stability in 2012, according to a new economic forecast from Wells Fargo. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/09/housing-market-stabilize-next-year?refid=0 Fri, 09 Dec 2011 16:14:41 -0600 Slow job growth expected in 2012, economists say Wells Fargo economists project tepid job growth for Minnesota in 2012. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/09/job-growth-2012?refid=0 Fri, 09 Dec 2011 16:06:53 -0600 Minn. economy promising, but recovery will be slow The state's job market is definitely recovering, Minnesota budget officials say, but recovery will continue at a crawl. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/02/economy-slow-recovery?refid=0 Fri, 02 Dec 2011 04:00:00 -0600 Online job ads drop in November An important measure of labor market demand took a dive in Minnesota in November. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/30/online-job-ads-november?refid=0 Wed, 30 Nov 2011 12:31:09 -0600 Older workers struggle to regain position in workforce Although younger workers bore most of the brunt of job cuts in the recession, several signs indicate that laid-off older workers who lost jobs are less likely to benefit from the economic recovery. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/30/older-workers-workforce?refid=0 Wed, 30 Nov 2011 04:00:00 -0600 Home prices continue to fall in Twin Cities Home prices in the Twin Cities fell about 1 percent in September compared to the month before, according to Standard & Poor's/Case Shiller Index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/29/twin-cities-home-prices?refid=0 Tue, 29 Nov 2011 13:12:17 -0600 Shoppers open wallets for early Black Friday Despite some workers' and customers' objections to the fact that Black Friday sales started creeping into Thanksgiving, many consumers in the Twin Cities showed support Thursday and Friday with their wallets wide open. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/25/black-friday-shopping?refid=0 Fri, 25 Nov 2011 16:12:53 -0600 State mortgage delinquency rate falls in 3Q to 5.4 pct. Mortgage delinquency rates in Minnesota fell in the third quarter ending in September, according to data from the Mortgage Bankers Association. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/20/mortgage-delinquency-rate?refid=0 Sun, 20 Nov 2011 10:22:35 -0600 Down housing market dooms Minn.-based Rottlund Homes Rottlund Homes is liquidating its assets because of sluggish demand for new homes and difficulty procuring loans from banks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/17/rottlund-homes-shutdown?refid=0 Thu, 17 Nov 2011 16:20:58 -0600 Two people, five years, five layoffs For many people, losing a job is as devastating emotionally as it is financially. Imagine it repeatedly. And then imagine it happening to your spouse, as well. For Al and Michelle Ford, the Great Recession started well before it became a nationwide crisis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/15/two-people-five-years-five-layoffs?refid=0 Tue, 15 Nov 2011 04:00:00 -0600 Median Twin Cities home prices continue to fall The median Twin Cities home sales price continued to tumble last month to $155,000, down about 9 percent from the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/10/median-twin-cities-home-prices-continue-fall?refid=0 Thu, 10 Nov 2011 11:11:53 -0600 Mpls. Fed chief wants economic contingency plan from Fed The head of the Federal Reserve Bank of Minneapolis says the Federal Reserve should provide the public with a contingency plan for changing economic conditions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/08/kocherlakota-contingency-plan?refid=0 Tue, 08 Nov 2011 16:25:05 -0600 Foreclosures in Minn. still high, but decreasing According to the Minneapolis-based group HousingLink, foreclosures fell by 32 percent in the three months ending in September, compared to the same period last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/04/minnesota-foreclosures?refid=0 Fri, 04 Nov 2011 15:02:02 -0500 Don't 'freak,' bank executive tells business owners Striking an irreverent tone, the chief executive of US Bank said business owners need to snap out of their economic doldrums. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/01/dont-freak-bank-executive-tells-business-owners?refid=0 Tue, 01 Nov 2011 15:47:24 -0500 In Minn., Wells Fargo economist criticizes cuts to gov't A senior economist at Wells Fargo told the state's largest business group that government belt-tightening is aggravating the nation's economic problems. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/01/wells-fargo-economist-criticizes-government-cuts?refid=0 Tue, 01 Nov 2011 11:48:04 -0500 Minnesota marks uptick in job vacancies for October Demand for workers picked up in Minnesota last month. That's according to the Conference Board, a New York-based research firm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/31/minnesota-job-vacancies?refid=0 Mon, 31 Oct 2011 10:28:36 -0500 Dayton's loan plan draws skepticism, interest Gov. Mark Dayton wants to provide funding and encourage lending to businesses by pumping community banks with much as $200 million in certificates of deposit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/27/dayton-loan-plan?refid=0 Thu, 27 Oct 2011 17:45:24 -0500 Dayton's $100M bank investment plan gets lukewarm reaction A statewide trade group for bankers had a lukewarm reaction to Gov. Mark Dayton's announcement Wednesday of a plan to help spur small business lending. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/26/minnesota-local-banks-investment?refid=0 Wed, 26 Oct 2011 11:08:26 -0500 Governor's summit starts conversation on job creation About 800 leaders from government agencies, private companies, non-profits, and labor groups met Tuesday to brainstorm about how to rev up Minnesota's job creation engine. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/25/governors-summit?refid=0 Tue, 25 Oct 2011 18:15:21 -0500 Minneapolis Fed chief sees slow recovery ahead The president of the Federal Reserve Bank of Minneapolis expects to see high unemployment persist for several years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/21/fed-minneapolis-outlook?refid=0 Fri, 21 Oct 2011 17:28:14 -0500 Minn. jobless rate drops to 6.9% but employers cut 7,400 jobs Minnesota's jobless rate dropped three tenths of a percent from August to September, even as employers cut a net 7,400 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/20/minnesota-employment?refid=0 Thu, 20 Oct 2011 10:24:21 -0500 Budget pinch could spell job losses for govt. workers Budget pinches at all levels of government could spell job losses in the public sector. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/20/budget-pinch-job-losses-govt-workers?refid=0 Thu, 20 Oct 2011 04:00:00 -0500 Minn. banks among top lenders to small businesses Two banks with major operations in Minnesota ranked among the top national lenders of Small Business Administration loans for the fiscal year ending last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/14/minn-banks-top-sba-lenders?refid=0 Fri, 14 Oct 2011 19:28:14 -0500 Minnesota still prosperous, but falls in median income surveys Minnesota has outpaced the nation in job growth during the recovery and remains among the most prosperous states, but its strength is waning and has dropped out of the top 10 states in two surveys of highest median income. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/13/minnesota-prosperous-drops-median-income-survey?refid=0 Thu, 13 Oct 2011 04:00:00 -0500 Twin Cities home prices fall again, but may turn corner soon Twin Cities home prices fell again last month as the median sales price was down about 7 percent from September of last year to $155,000. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/12/twin-cities-home-prices-fall-again?refid=0 Wed, 12 Oct 2011 13:32:20 -0500 US Bank CEO predicts no double-dip recession US Bank CEO Richard Davis said the economy is still encumbered by weak consumer confidence, but he does not expect it, or Europe's sovereign debt problems, to halt economic growth in the U.S. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/05/us-bank-ceo-predicts-no-double-dip-recession?refid=0 Wed, 05 Oct 2011 08:21:19 -0500 Minn.-based Regis hints at coming layoffs Edina-based Regis, the world's biggest hair salon operator, is signaling layoffs may be in the offing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/03/regis-layoffs?refid=0 Mon, 03 Oct 2011 11:15:52 -0500 Layoffs coming to Minn. factories, survey predicts Minnesota's manufacturing sector continues to signal economic expansion, but the rate of growth is flagging according to the latest Business Conditions Index report from Creighton University. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/03/creighton-survey?refid=0 Mon, 03 Oct 2011 11:10:40 -0500 Metro homebuilders pull more permits in September Twin Cities homebuilders pulled more permits in September than they did during the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/29/twin-cities-homebuilder-permits?refid=0 Thu, 29 Sep 2011 15:57:49 -0500 Minnesota online help-wanted ads drop in September Job vacancies advertised online in Minnesota dropped in September by 1,700, according to the New-York based research group The Conference Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/28/minnesota-online-job-ads?refid=0 Wed, 28 Sep 2011 11:58:30 -0500 Strong competition for bonds is good for Minn. Minnesota saw strong demand for nearly $800 million in general obligation and other bonds offered for competitive bids. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/27/strong-competition-bonds?refid=0 Tue, 27 Sep 2011 15:21:35 -0500 Declining Twin Cities home prices slowed in July Home prices were down about 9 percent in July from the same time last year, but S&P's Maureen Maitland says that drop follows several months of double-digit annual declines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/27/twin-cities-home-prices?refid=0 Tue, 27 Sep 2011 12:18:22 -0500 1st Minn. bond sale since downgrade opens Minnesota goes to the bond market Tuesday morning to ask investors to lend the state money for various capital projects. The nearly $1 billion bond sale is the first to follow the state's latest credit downgrade. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/27/minnesota-bond-sale-downgrade?refid=0 Tue, 27 Sep 2011 06:18:46 -0500 Standard & Poors downgrades Minn. credit rating The last major credit rating agency has downgraded Minnesota's bond rating one notch below triple-A, because of its ongoing structural budget problems. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/23/minnesota-credit-rating-downgrade?refid=0 Fri, 23 Sep 2011 13:37:49 -0500 Small gains in employment as state workers return; private sector adds jobs Minnesota added more than 28,000 jobs in August, primarily due to laid-off state workers getting back to work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/15/small-gains-in-employment-as-state-workers-return-private-sector-adds-job?refid=0 Thu, 15 Sep 2011 14:08:16 -0500 Minn. private sector adds 5,800 jobs in August Minnesota added more than 28,000 jobs in August, largely due to laid-off state workers getting back to work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/15/minnesota-jobs-report?refid=0 Thu, 15 Sep 2011 09:26:02 -0500 Record high for Minnesota's exports Minnesota's exports in manufacturing, agriculture and mining products all hit a record high. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/14/record-high-minnesota-exports?refid=0 Wed, 14 Sep 2011 16:34:33 -0500 Lackluster realty market in August New data shows lackluster performance for the Twin Cities housing market last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/13/lackluster-realty-market-in-august?refid=0 Tue, 13 Sep 2011 18:49:47 -0500 Twin Cities housing numbers show lagging recovery The Twin Cities housing market in August continued to demonstrate a lackluster recovery. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/13/twin-cities-housing?refid=0 Tue, 13 Sep 2011 11:41:37 -0500 Fraud activity report does not show complete picture Experts say to be skeptical of newly-released data that suggests mortgage fraud activity in Minnesota is on the rise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/12/fraud-activity-report-does-not-show-complete-picture?refid=0 Mon, 12 Sep 2011 21:07:47 -0500 Minnesota banks not immune to industry-wide troubles Minnesota's banks are not immune to the bank industry's troubles, and larger trends are putting the squeeze on profits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/11/performance-of-minnesotas-banks-reflect-larger-trend?refid=0 Sun, 11 Sep 2011 14:31:19 -0500 Bernanke short on specifics for fixing economy The head of the Federal Reserve Bank didn't offer any new fixes for the bad economy during a speech Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/08/bernanke-short-on-specifics-for-fixing-economy?refid=0 Thu, 08 Sep 2011 19:32:49 -0500 Cuts to government could hamper recovery, Bernanke says in Minn. The head of the Federal Reserve Bank told a crowd in Minneapolis Thursday that further reductions in state and local governments could create additional headwinds for the economic recovery. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/08/bernanke-minnesota-speech?refid=0 Thu, 08 Sep 2011 12:59:43 -0500 Small improvement in mortgage delinquency The delinquency rate for residential mortgage loans in Minnesota showed some improvements in the second quarter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/02/small-improvement-in-mortgage-delinquency?refid=0 Fri, 02 Sep 2011 19:24:58 -0500 Residential construction activity stagnant in August Twin Cities homebuilders pulled a few more permits in August than they did during the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/02/residential-construction-stagnant?refid=0 Fri, 02 Sep 2011 17:28:16 -0500 Report: Minnesota factories stay in growth mode Minnesota factories stayed in growth mode in August, but hiring is expected to contract, according to the latest Mid-America Business Conditions Index from Creighton University. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/01/minnesota-factories-growth?refid=0 Thu, 01 Sep 2011 11:57:14 -0500 Mixed signals from Twin Cities home prices in June The Twin Cities home prices rose in June, but continued to fall from a year ago according to the Standard & Poor's Case-Shiller home price index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/30/june-twin-cities-case-shiller-index?refid=0 Tue, 30 Aug 2011 13:38:05 -0500 Shares rise on insurer after hurricane report Shares of the Travelers Companies, a major employer in Minnesota, rose 5 percent Monday on news that damage from Hurricane Irene was not as bad as initially thought. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/29/shares-rise-on-insurer-after-hurricane-report?refid=0 Mon, 29 Aug 2011 19:54:15 -0500 Promising temp hiring in Minn. could forecast better jobs market Fears of a second recession abound nationally, but in Minnesota, the job market is generally holding up and temp hiring -- an important bellwether -- reflects a bright spot in the state's economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/29/temporary-workers?refid=0 Mon, 29 Aug 2011 03:00:00 -0500 Banking conditions still weak, but improving Banking conditions improved slightly between the first and second quarters of the year but remain weak. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/22/banking-conditions-still-weak-but-improving?refid=0 Mon, 22 Aug 2011 14:41:15 -0500 Minnesota companies' performance adheres to national trends Some Minnesota companies' stocks were knocked around more than others on Monday, but on the whole, their performance appears to mirror national trends. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/08/minnesota-companies-performance-adheres-to-national-trends?refid=0 Mon, 08 Aug 2011 21:13:50 -0500 Stock market bounces back after dramatic week The stock market recuperated some of its losses Friday following a dramatic week of sell-offs. The Dow Jones industrial average ended the day up 61 points, or 0.5 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/05/stocks-bounce-back?refid=0 Fri, 05 Aug 2011 20:43:22 -0500 Target's sales rose 4% in July Target posted strong sales in July as the back-to-school season kicked off. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/04/target-earnings?refid=0 Thu, 04 Aug 2011 16:04:52 -0500 Short stock on auto lots drives car buyers away empty-handed Car buyers searching the Twin Cities for potential purchases might be surprised by the empty spaces in some of the new car lots. Dealers are experiencing a big shortage of inventory. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/03/auto-dealers-short-inventory?refid=0 Thu, 04 Aug 2011 04:00:00 -0500 State's rating by Moody's goes from stable to negative Minnesota's bond rating outlook has been changed from stable to negative by Moody's Investors Service. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/01/states-rating-moodys-stable-to-negative?refid=0 Mon, 01 Aug 2011 15:56:31 -0500 Labor demand in Minnesota fell in July The Conference Board says labor demand in the state is still on an upward trend. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/01/labor-demand-minnesota?refid=0 Mon, 01 Aug 2011 10:38:20 -0500 Boston Scientific to cut 1,400 positions Boston Scientific announced today 1,400 employees will be cut to streamline operations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/28/boston-scientific-workforce-reduction?refid=0 Thu, 28 Jul 2011 15:43:42 -0500 Twin Cities home construction permitting weathers shutdown Twin Cities builders continued to pull permits for new home construction in July, despite the state government shutdown. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/28/twin-cities-home-construction?refid=0 Thu, 28 Jul 2011 10:09:46 -0500 Minneapolis still leads nation in home price declines Case-Schiller reports that Minneapolis continues to lead its index in year-over-year home price declines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/26/minneapolis-home-prices?refid=0 Tue, 26 Jul 2011 10:49:14 -0500 3M earnings limited by drop in LCD demand Slowing demand for films for LCD televisions dampens 3M's second quarter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/26/drop-in-lcd-demand-hurts-3m-earnings?refid=0 Tue, 26 Jul 2011 09:00:41 -0500 State's bond ratings downgrades flag fiscal problems, but may be less costly than feared Earlier this month, some important folks in the finance and credit business in New York gave Minnesota a bit of a spanking. That was even before there was a budget deal to review. But it's happened before. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/21/minnesota-credit-rating?refid=0 Fri, 22 Jul 2011 04:00:00 -0500 Business owners eager to see end of shutdown Businesses owners affected by the state government shutdown are relieved that a budget deal could be within sight. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/15/business-owners-eager-to-see-end-of-shutdown?refid=0 Fri, 15 Jul 2011 04:00:00 -0500 State: MillerCoors can't sell in Minn. because of shutdown licensing problem The state has told MillerCoors it needs to pull its products from stores, bars and restaurants statewide because of a licensing problem caused by the shutdown. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/13/millercoors-licensing-problems-in-minnesota?refid=0 Wed, 13 Jul 2011 10:23:43 -0500 Alcohol vendors petition to waive seller's permit Businesses that sell alcoholic beverages are petitioning a special master today to address a squeeze on supplies stemming from the state government shutdown. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/11/alcohol-vendors-buyers-card?refid=0 Tue, 12 Jul 2011 06:00:00 -0500 Shutdown's effects on business only to get worse Economists warn that even if the shutdown ends soon, some negative effects could endure, including a hit to Minnesota's reputation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/07/canterbury-worker-layoff?refid=0 Fri, 08 Jul 2011 05:00:00 -0500 Minn.'s bond rating downgraded The budget impasse at the Capitol has resulted in a lower bond rating for Minnesota. Fitch Rating has downgraded the state's bond rating from the highest rating of AAA to AA+. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/07/bond-rating-downgraded?refid=0 Thu, 07 Jul 2011 15:27:00 -0500 Employers in private sector prepare for hit Businesses in the private sector are also expecting trouble in the wake of government shutdown. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/01/shutdown-private-sector-economy?refid=0 Mon, 04 Jul 2011 00:00:00 -0500 Business confidence steady, but slowing A survey of supply managers in Minnesota showed continued, albeit slowing, business confidence in June. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/01/business-confidence?refid=0 Fri, 01 Jul 2011 20:11:31 -0500 TCF drops lawsuit over debit fees -- for now TCF National Bank will drop its lawsuit against the Federal Reserve over a cap on fees for debit card transactions, but retains the option to resume its complaint. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/30/tcf-drop-lawsuit-debit-fee?refid=0 Thu, 30 Jun 2011 16:44:21 -0500 S&P keeps watchful eye on university credit Minnesota's public university systems could see their credit ratings suffer in the event of a protracted state government shutdown. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/24/shutdown-university-standard-poor?refid=0 Fri, 24 Jun 2011 15:23:16 -0500 Regis Corp. will acknowledge salon workers' union rights Under an agreement with the National Labor Relations Board, Regis Corporation will acknowledge the union rights of its workers at the company's 6,500 salons. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/24/regis-union-salon?refid=0 Fri, 24 Jun 2011 14:02:18 -0500 Shutdown concerns mixed among Minnesota's private sector A state government shutdown could have dramatic affects on the finances of thousands of state government employees, but as the state suspends projects and laid off workers trim their spending the effects on the private sector aren't so clear. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/17/shutdown-employers?refid=0 Fri, 17 Jun 2011 03:00:00 -0500 Minn. unemployment rate ticks up to 6.6. pct. Employers in Minnesota added a net 1,200 jobs in May, and the unemployment rate ticked up slightly to 6.6 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/16/minnesota-unemployment?refid=0 Thu, 16 Jun 2011 09:34:25 -0500 Survey: Optimism rising in Minn. commercial real estate A new survey from the University of St. Thomas shows increased optimism in the Twin Cities commercial real estate industry. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/15/commercial-real-estate-survey?refid=0 Wed, 15 Jun 2011 14:47:39 -0500 Economic caution, confidence battle in bellwether hospitality industry Since June 2010, hotels, restaurants and entertainment venues in the state have added more than 5,000 jobs, about a third of the positions lost in the hospitality industry, often used as a bellweather since the start of the recession. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/03/grand-view-lodge?refid=0 Mon, 06 Jun 2011 05:00:00 -0500 Home prices keep dropping in Twin Cities, but news isn't all bad The Twin Cities had the unfortunate distinction in March of having the biggest home price decline in the Standard & Poor's/Case-Shiller Home Price Index. Real estate experts say the numbers reflect continued weakness in the metro area's housing market. But they also caution against reading too much into the price decline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/31/home-price-index-us?refid=0 Tue, 31 May 2011 08:19:00 -0500 Tornado complicates north side's foreclosure situation Many of the mortgages that have gone into foreclosure were packaged and sold to multiple owners. That can make it difficult to identify who is responsible for a foreclosed property. And determining if a house is insured also could be tricky. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/25/tornado-foreclosures?refid=0 Wed, 25 May 2011 18:21:25 -0500 More Minnesotans making credit card payments on time Minnesotans are paying off their credit cards in an increasingly timely manner, according to a report from the research firm TransUnion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/23/credit-card-payments?refid=0 Mon, 23 May 2011 17:17:49 -0500 Mpls. tornado follows two years of record insurance payouts for disasters The destructive storms and tornado that hit Minnesota Sunday follow two years of record insurance payouts to homeowners for catastrophic losses. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/23/tornado-insurance-rate-hikes?refid=0 Mon, 23 May 2011 14:42:04 -0500 Minn. unemployment dips to 6.5 percent in April The two main surveys used to gauge the health of Minnesota's labor market pointed in different directions in April. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/19/minnesota-unemployment?refid=0 Thu, 19 May 2011 10:03:42 -0500 Medtronic, Ford partnering to synch diabetes device and cars Medtronic and Ford Motor Company are partnering to create a system that would allow a medical device for diabetics to communicate with a Ford vehicle. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/18/ford-medtronic-partner?refid=0 Wed, 18 May 2011 14:29:21 -0500 Long-term unemployment hard on economy, individuals Over the past year, an average of about 73,000 workers have been out of a job for six months or longer, a third of the state's total jobless population. That portion has grown steadily and shows no sign of abating nearly two years after the official end of the recession. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/10/longterm-unemployment?refid=0 Thu, 12 May 2011 05:00:00 -0500 Twin Cities housing market continues slump in April The Twin Cities housing market in April continued to fare poorly in comparison to the same month last year, when the federal tax credit for first-time homebuyers buoyed sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/11/housing-market-twin-cities-april?refid=0 Wed, 11 May 2011 11:59:17 -0500 Shipment of Boston Scientific medical devices stolen Boston Scientific Corporation says a shipment of medical devices was stolen on its way to a sterilization facility in Coventry, Rhode Island, last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/04/boston-scientific-stolen?refid=0 Wed, 04 May 2011 13:15:26 -0500 State's unemployment insurance fund hits record deficit Minnesota's chief attorney for jobless benefits said the picture will improve dramatically later this year as the economy improves and payouts for benefits taper off. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/29/unemployment-fund?refid=0 Fri, 29 Apr 2011 18:11:44 -0500 New home construction at lowest point since 2009 The Builders Association of the Twin Cities says the decline stems from a drop-off in construction of multi-family apartments and condos. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/29/building-permits?refid=0 Fri, 29 Apr 2011 15:48:17 -0500 Twin Cities' apartment vacancies down, rents up Foreclosures and bad credit have forced many people into apartments. Plus, individuals who had previously doubled up with roommates or family because of the bad economy are now stepping out into their own apartments. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/28/apartment-market?refid=0 Thu, 28 Apr 2011 18:37:48 -0500 Home prices falling in Twin Cities, most major metro areas Home prices are falling in most major U.S. cities, and at least 10 major markets are at their lowest point since the housing bubble burst. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/26/home-prices?refid=0 Tue, 26 Apr 2011 09:10:27 -0500 3M raises 2011 forecast after 1Q profit jumps The Maplewood-based maker of Post-Its and Scotch Tape raised its full-year earnings expectations despite taking a hit from the earthquake in Japan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/26/3m-earns?refid=0 Tue, 26 Apr 2011 06:57:01 -0500 Radio veteran to lead MPR into a digital future Minnesota Public Radio's second chief executive, Jon McTaggart, takes command of the company July 1, at a time when it appears to be flourishing, with strong finances and a big audience. But the radio business is facing new challenges due to the unrelenting change in the media landscape. If that's not challenge enough, McTaggart has to follow the act of the company's iconic founder, Bill Kling. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/20/mpr-mctaggart-folo?refid=0 Thu, 21 Apr 2011 00:00:00 -0500 Q&A with Jon McTaggart He says the key to success will be continued focus on new ways to serve the audience. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/20/mctaggart-q-and-a?refid=0 Wed, 20 Apr 2011 15:38:49 -0500 Writing Minnesota What does it mean to be a Minnesota writer? It means obsessing over the sound of the Mississippi River. It means writing about small towns. It means you're a refugee who refused to speak as a child. These are some of the many ways writers define their relationship to Minnesota. Host Annie Baxter invites you to hear these writers' reflections and their creative works on "Writing Minnesota." /projects/2011/writing-minnesota/?refid=0 Mon, 18 Apr 2011 15:46:04 -0500 U.S. Bank, Wells Fargo agree to mortgage changes The two banks agree to help customers who have been hurt by faulty foreclosures. Wells Fargo and U.S. Bank are among 14 banks nationally hit with enforcement actions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/13/banksforeclosures?refid=0 Wed, 13 Apr 2011 22:17:52 -0500 Foreclosures accounted for 43 percent of Twin Cities home sales in March March was a bad month for home sales in the Twin Cities housing market, unless you're talking about foreclosures. Sales of homes in foreclosure spiked last month compared to the year before. And investors paying cash are driving a lot of those transactions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/12/twin-cities-housing-numbers-march?refid=0 Tue, 12 Apr 2011 10:36:35 -0500 For many teens, a desire to work but jobs hard to find When teens can't find work, it can affect Minnesota's future prosperity. In a knowledge-based economy, it's more important now than ever for teens to save money for college as tuition costs are soaring. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/08/teen-jobs?refid=0 Mon, 11 Apr 2011 00:00:00 -0500 Mpls Fed president calls for changes to mortgage markets The president of the Federal Reserve Bank of Minneapolis said the U.S. needs to rethink public policy programs that encourage home ownership. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/05/fed-reserve-minneapolis?refid=0 Tue, 05 Apr 2011 17:04:23 -0500 Tax hikes slightly better for Minn. economy than budget cuts, experts say State Economist Tom Stinson says that raising taxes on high earners would be better for the economy than budget cuts. But not by much, and his theory explaining why is just that -- theoretical. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/21/spending-cuts-tax-hikes?refid=0 Mon, 21 Mar 2011 03:00:00 -0500 February's state jobless rate remains steady Minnesota's unemployment rate remained unchanged at 6.7 percent last month, according to the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/17/minn-jobs?refid=0 Thu, 17 Mar 2011 11:04:38 -0500 Too early to assess toll of Japan quake on Minn. exports With the fallout from the earthquake still unfolding, it's unclear whether the turmoil in Japan will cause a big revenue loss for Minnsota firms -- and whether the state's exporters will see a dropoff in sales to Minnesota's third largest foreign market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/15/minnesota-japan-exports?refid=0 Tue, 15 Mar 2011 15:04:12 -0500 Minn. companies with facilities in Japan assess damage Minnesota companies with operations in Japan are trying to figure out how much their business will suffer as a result of the country's recent devastating earthquake and tsunami. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/15/minn-companies-japan?refid=0 Tue, 15 Mar 2011 08:33:20 -0500 Twin Cities median home prices rise slightly in Feb. The Twin Cities median home price in February was up slightly from January, but down considerably on a year over year basis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/10/twin-cities-median-home-price?refid=0 Thu, 10 Mar 2011 18:41:33 -0600 Weakness continues in Twin Cities housing market Minneapolis Area Association of Realtors said pending sales in the 13-county region dropped last month, compared to the same period last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/10/twin-cities-housing-market?refid=0 Thu, 10 Mar 2011 12:23:34 -0600 Gay rights issue ends Lady Gaga, Target romance Representatives for pop musician Lady Gaga say the artist has ended Target's exclusive deal to sell a special edition of her new album due out later this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/09/lady-gaga-target-gay-rights-cd-sales?refid=0 Wed, 09 Mar 2011 17:59:27 -0600 Industry pressures weigh on Hutchinson Tech in job cuts Hutchinson Technology, a big regional employer based in the south central Minnesota city is cutting hundreds of jobs, again, this time as many as 900. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/08/hutchinson-tech-job-cuts?refid=0 Tue, 08 Mar 2011 19:42:15 -0600 Minneapolis Fed president says interest rates might rise even with high unemployment The president of the Federal Reserve Bank of Minneapolis defended the Fed's easy money policies but said that inflation could make tightening of those policies necessary. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/03/fed-interest-rates?refid=0 Thu, 03 Mar 2011 20:32:55 -0600 Number of job postings crawls up slightly in Minn. The number of online ads for jobs in the state rose by about 2,400 to a total of 97,000 in February, according to the Conference Board, a New York-based research firm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/02/job-postings?refid=0 Wed, 02 Mar 2011 11:42:08 -0600 State economist: Federal action buoyed state finances Minnesota's economic outlook has improved since the state's last budget forecast in November, but state officials continue to caution that the recovery will be slow-going, and various events could throw it off course. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/01/minnesota-budget-federal-action-finances?refid=0 Tue, 01 Mar 2011 03:00:00 -0600 Fed: Minn. bank health improving, but still very low The Federal Reserve Bank of Minneapolis says the financial condition of banks in Minnesota and several other states in the upper-Midwest is improving but remains at historically low levels. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/24/minnesota-bank-health?refid=0 Thu, 24 Feb 2011 16:49:10 -0600 Manufacturing sector leads growth in Minn., but for how long? Manufacturing has long been counted out as an industry doomed to continued shrinkage as low wage countries like China lure more factory work abroad, but at the moment, surveys show factory owners are hiring and feeling optimistic. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/24/manufacturing-economy-growth?refid=0 Thu, 24 Feb 2011 03:00:00 -0600 Twin Cities housing market has mixed January The Twin Cities housing market continued to see problem spots in January, though some signs were promising. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/11/twin-cities-housing?refid=0 Fri, 11 Feb 2011 13:36:35 -0600 Twin Cities residential market showing signs of improvement The Twin Cities residential construction market is showing some signs of improvement. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/10/residential-housing?refid=0 Thu, 10 Feb 2011 06:31:30 -0600 Unemployed look for winning strategy to get hired Unemployed workers might hear depressing employment news and worry all the more about how to land a job in this tough market. But job counselors and networking groups say some strategies are effective, though the winning formula can be hard to predict. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/08/getting-hired-after-recession?refid=0 Tue, 08 Feb 2011 17:10:08 -0600 Economic indicator signals Minn. growth for 18th consecutive month For the eighteenth consecutive month a leading economic indicator for Minnesota was signaling growth in January. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/01/midwest-economy?refid=0 Tue, 01 Feb 2011 12:30:17 -0600 Single-family homes see rise in construction Single-family home-building activity for January is up substantially in the Twin Cities, according to statistics compiled by the Keystone Report for the Builders Association of the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/28/single-family-home-numbers?refid=0 Fri, 28 Jan 2011 14:17:27 -0600 Twin Cities home prices see November drop Twin Cities home prices dropped roughly 2 percent in November, according to the Standard & Poor's/Case-Shiller home price index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/25/twin-cities-home-prices?refid=0 Tue, 25 Jan 2011 12:53:19 -0600 3M aims to name insider as next CEO 3M says the company's board plans to name a successor to CEO George Buckley later this year, and aims to name an insider as the next leader of Maplewood-based company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/25/3m-new-ceo?refid=0 Tue, 25 Jan 2011 11:01:43 -0600 Report: Vacancies in Twin Cities real estate market slowed in 2010 The Twin Cities commercial real estate market may have hit bottom in 2010, according to report published twice a year by Bloomington-based NorthMarq, a commercial real estate services firm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/25/vacancy-rates?refid=0 Tue, 25 Jan 2011 06:41:45 -0600 Minn. loses more than 22K jobs in Dec., though jobless rate falls to 7 pct. The state's employers cut 22,400 jobs in December, according to the latest release from the Minnesota Department of Employment and Economic Development. All but one industry lost jobs last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/20/minnesota-jobs-report?refid=0 Thu, 20 Jan 2011 09:47:50 -0600 Indicators show potential for upside in jobs report State officials provide the latest reading on Minnesota's job market later this morning with the December employment report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/20/december-employment-report?refid=0 Thu, 20 Jan 2011 03:00:00 -0600 Cargill to distribute Mosaic stake to shareholders Agribusiness giant Cargill will distribute its 64 percent stake in The Mosaic Company to Cargill stakeholders and debt holders. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/18/cargill-mosaic?refid=0 Tue, 18 Jan 2011 19:21:51 -0600 The latest on the economy, housing and retail The National Retail Federation said today that retail holiday sales, excluding autos, gas, and restaurants, were nearly 6 percent higher than last year, a bigger bump than expected. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/14/housing-retail?refid=0 Fri, 14 Jan 2011 16:43:45 -0600 Lockheed workers in Eagan get layoff, transfer news Lockheed Martin has decided to preserve 100 more jobs than expected out of the 1,000 jobs affected by the closing of the company's Eagan plant. The defense contractor announced in November that it's shutting down the facility by 2013. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/13/lockheed-martin-jobs?refid=0 Thu, 13 Jan 2011 17:10:55 -0600 With fewer new households, home construction slows The factors hammering the construction industry are no mystery -- from high unemployment to the foreclosure crisis, but there's another factor driving down demand for new homes. The formation of new households has virtually stopped. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/11/new-households-contruction-economy?refid=0 Tue, 11 Jan 2011 03:00:00 -0600 Target disappointed with December sales December brought some disappointing monthly sales figures for Target Corp. A key measure of sales showed improvement over December 2009, but fell short of expectations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/06/target?refid=0 Thu, 06 Jan 2011 17:06:26 -0600 Twin Cities home building falls last month Twin Cities residential construction activity fell in December 2010, compared to the same month in 2009. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/04/housing-latest?refid=0 Tue, 04 Jan 2011 15:47:12 -0600 Job market improved, but still pain behind the numbers Manufacturing, which had been hammered in the recession, added nearly 13,000 jobs so far this year-- almost as many as 12-31-2010 03:00:00 http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/31/employment-2010?refid=0 Fri, 31 Dec 2010 03:00:00 -0600 Mixed signals coming from Minn. real estate market The latest numbers from a Minnesota real estate group show mixed signs about the state's housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/27/real-estate?refid=0 Mon, 27 Dec 2010 17:51:52 -0600 Twin Cities home sales down in November Signed purchase agreements for Twin Cities homes fell 3.3 percent in November compared to the same month in 2009. Completed sales were down about 39 percent over the same period. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/10/home-sales?refid=0 Fri, 10 Dec 2010 11:41:18 -0600 More Minn. unemployed are giving up finding work A perplexing workforce trend is emerging in Minnesota and stumping economists. Minnesotans are, in total, increasingly giving up on finding work. Coming out of a recession, that's the opposite of what economists expect. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/10/minnesota-labor-force-participation-declines?refid=0 Fri, 10 Dec 2010 03:00:00 -0600 Minn. manufactured exports rise 17% from same time last year Minnesota's manufactured exports jumped 17 percent in the third quarter of this year compared to the same period last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/06/minnesota-manufacturing-exports?refid=0 Mon, 06 Dec 2010 14:12:42 -0600 Forecast: Minn. economy will continue growth, but slower The nation's economic recovery has not been as robust as expected, and that's going to spell trouble for Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/03/minnesota-economic-forecast-slow-growth?refid=0 Fri, 03 Dec 2010 03:00:00 -0600 World Bank president says second generation of ethanol subsidies 'makes sense' The head of the World Bank has been making a few stops in Minnesota this week to talk about global trade and the goal of overcoming world poverty. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/02/world-bank-president?refid=0 Thu, 02 Dec 2010 06:30:58 -0600 Twin Cities home prices second worst from Aug.-Sept. The Standard & Poor's Case-Shiller home price index indicates Twin Cities home prices dropped 2.1 percent from August to September. Among the 20 cities the index tracks, that drop was the second worst. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/30/twin-cities-home-prices-case-shiller?refid=0 Tue, 30 Nov 2010 18:44:36 -0600 Mortgage delinquency rates fall in Minn. in 3Q The delinquency rate for home mortgages in Minnesota fell during the third quarter compared to a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/18/minnesota-mortgage-delinquency-rate?refid=0 Thu, 18 Nov 2010 18:16:16 -0600 State job growth and unemployment rate continue to outperform nation Over the past year, the state has experienced more significant job growth than the national average, and the unemployment rate in Minnesota has hung well below the nation's rate. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/18/minnesota-jobs-economy?refid=0 Thu, 18 Nov 2010 03:00:00 -0600 Campaign ad spending in Minnesota falls short of expectations Industry analysts say the amount of money spent nationally on political ads likely set a record this year, but the extent of ad splurge in Minnesota is less clear and some media experts say it was smaller than expected. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/09/ad-spending-minnesota?refid=0 Tue, 09 Nov 2010 14:24:58 -0600 Minn. incumbents head back to a very different Congress The Republican wave that hit dozens of Democratic incumbents this year brought down the dean of Minnesota's congressional delegation, 18-term veteran Jim Oberstar in the 8th District. The other seven members of the Minnesota delegation will see significant change. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/03/minn-congress-results?refid=0 Wed, 03 Nov 2010 00:58:00 -0500 Social Security, abortion hot topics in 6th District debate In the closing hours of an expensive brawl focused on jobs and the economy, Republican Rep. Michele Bachmann and Democratic rival Tarryl Clark veered into abortion politics in their final debate Sunday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/31/bachmann-clark-anderson-debate?refid=0 Sun, 31 Oct 2010 13:38:50 -0500 Tensions high in latest 6th District debate The candidates for Minnesota's 6th District Congressional seat sparred over bank bailouts, taxes, and outsourcing Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/28/anderson-bachmann-clark-debate?refid=0 Thu, 28 Oct 2010 12:54:04 -0500 6th District candidates hold lively debate Candidates for the U.S. House seat in Minnesota's 6th District debated for the first time Tuesday, in what is likely the most expensive congressional campaign in the country. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/26/michele-bachmann-clark-debate?refid=0 Tue, 26 Oct 2010 17:02:36 -0500 DFLer Clark hopes for upset in conservative 6th District In her bid to unseat Rep. Michele Bachmann in the 6th District, Democrat Tarryl Clark has to tread carefully. The Cook Political Report rates the 6th as the state's most Republican-leaning. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/25/tarryl-clark-profile?refid=0 Mon, 25 Oct 2010 14:00:00 -0500 Clinton says DFL candidate Clark has appeal for Republicans Former President Bill Clinton says the economic policies championed by GOP Congresswoman Michele Bachmann will not create new jobs or reduce the deficit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/25/clinton-clark?refid=0 Mon, 25 Oct 2010 06:17:44 -0500 Despite criticism from home, Bachmann a Republican star But regardless of her national reputation, in some circles, GOP Rep. Michele Bachmann is known better for seeking the limelight than for helping out her constituents in Minnesota's 6th District. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/23/bachmann-profile?refid=0 Mon, 25 Oct 2010 03:00:00 -0500 Bachmann's fundraising raises eyebrows U.S. Rep. Michele Bachmann says she pulled in $5.4 million in campaign contributions in the third quarter of this year -- a remarkable amount of money for a congressional campaign. The cash strengthens her re-election campaign, and potentially, her influence in the Republican Party. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/13/6th-district-fundraising?refid=0 Wed, 13 Oct 2010 16:30:15 -0500 Economic concerns weigh heavily in the battle for the 6th District In the battle for Minnesota's 6th Congressional District, an area that has suffered big job losses and high foreclosure rates, the two leading candidates for the seat say their campaigns' focus is on the economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/29/economy-6th-district?refid=0 Wed, 29 Sep 2010 12:56:23 -0500 Emmer's budget plan -- tax cuts come first Republican gubernatorial candidate Tom Emmer has offered the first detailed glimpse of how he'd handle Minnesota's money woes as governor, by outlining a series of business tax cuts he says would lead to job growth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/06/emmer-budget-plan1?refid=0 Mon, 06 Sep 2010 14:15:55 -0500 TV ads are weapon of choice for Bachmann, Clark Minnesotans are getting an idea of how the candidates in the 6th Congressional District race are going to spend their mountains of cash: TV ads. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/02/bachmann-clark-tv-ads?refid=0 Thu, 02 Sep 2010 14:49:58 -0500 Bachmann to change ad after State Fair objects to using logo U.S. Rep. Michele Bachmann's campaign is changing its latest campaign ad, after the Minnesota State Fair objected to the unauthorized use of its logo. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/31/bachmann-state-fair-logo?refid=0 Tue, 31 Aug 2010 14:49:58 -0500 Union pulls out of downtown Mpls. Murray's Restaurant An internal union struggle at Murray's Restaurant, the iconic steakhouse in downtown Minneapolis, has ended with the union pulling out of the restaurant. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/31/murrays-union?refid=0 Tue, 31 Aug 2010 14:04:57 -0500 Bachmann: D.C. rallies motivated by unity, not hate GOP Congresswoman Michele Bachmann was back in Minnesota's 6th District on Sunday after hitting several major conservative gatherings in Washington, D.C. over the weekend. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/30/bachmann-rallies?refid=0 Mon, 30 Aug 2010 07:00:44 -0500 Bachmann vs. Clark -- how close a race in the 6th? Since her last election win in 2008, U.S. Rep. Michele Bachmann's national profile has only grown. That might suggest she'll have any easy time in er re-election bid this year against DFLer Tarryl Clark. But some political observers say it won't necessarily be a cakewalk. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/23/6th-district-profile?refid=0 Tue, 24 Aug 2010 00:00:00 -0500 Bachmann-Clark most expensive House race in the country It probably won't be too long before incumbent Republican Rep. Michele Bachmann, and her opponent, DFL state Sen. Tarryl Clark, start exchanging barbs in debates or TV ads. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/16/sixth-district-bachmann-clark-money?refid=0 Mon, 16 Aug 2010 03:00:00 -0500 Minn. pre-foreclosure notices climb in first half of 2010 Pre-foreclosure notices climbed in Minnesota over the first six months of the year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/06/pre-foreclosure-notices?refid=0 Fri, 06 Aug 2010 13:54:13 -0500 UnitedHealth purchase could offset company's health reform worries Shares of UnitedHealth Group jumped a 1.5 percent Wednesday as the company placed a big bet to hedge against against the uncertainties of health reform. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/04/united-health-buy?refid=0 Wed, 04 Aug 2010 11:46:09 -0500 Minn. online job ads up; Midwest economic growth slows Minnesota's economy saw a spike in demand for workers last month and a much-watched manufacturing index fell slightly, though it still points to economic expansion in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/02/online-job-ads-midwest-economy?refid=0 Mon, 02 Aug 2010 12:39:11 -0500 Would-be seminarians struggle to pay tuition Seminaries around the country expected to see their classrooms fill up this past year. They figured people who lost a job and who felt called to ministry would choose to enroll, just as they had in past recessions. But in Minnesota, some seminaries are seeing the opposite -- the bad economy is hurting their enrollment. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/30/seminary-enrollment?refid=0 Fri, 30 Jul 2010 16:07:18 -0500 For now, jobless benefits still won't last past 86 weeks The latest extension of federal emergency unemployment benefits may have come as a relief to some Minnesotans who have been jobless for a long time. But the new extension has led to a lot of confusion, with many unemployed unsure about how long checks will keep coming. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/28/jobless-benefits-extension?refid=0 Wed, 28 Jul 2010 03:00:00 -0500 Benefits extension could help up to 80K Minnesotans The U.S. Senate and House are expected to pass measures extending unemployment benefits, and if the measure becomes law, some 80,000 Minnesotans could see their unemployment checks keep coming. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/21/umeployment-benefits-extension?refid=0 Wed, 21 Jul 2010 06:33:54 -0500 Minnesota's foreclosure activity dropped in June Foreclosure activity in Minnesota was down about 6 percent in June compared to the same month last year, according to RealtyTrac, a national housing research firm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/14/foreclosures-down-in-minnesota?refid=0 Thu, 15 Jul 2010 04:00:00 -0500 Future unclear for ADC employees after acquisition Eden Prairie-based ADC Communications is being acquired by a Swiss electronics company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/14/adc-tyco-buy?refid=0 Wed, 14 Jul 2010 05:48:11 -0500 Twin Cities pending real estate sales plummet in June Twin Cities pending home sales plummeted in June. Signed purchase agreements were down roughly 40 percent compared to a year ago, according to data released Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/12/real-estate-numbers?refid=0 Mon, 12 Jul 2010 16:00:25 -0500 High vacancy in Twin Cities commercial real estate According to Cassidy Turley, a property management and brokerage firm, vacancy rates in all segments of the commercial market were at record highs in the second quarter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/08/commercial-real-estate?refid=0 Thu, 08 Jul 2010 19:49:24 -0500 Servers, wait staff unlikely to make $100,000 Rep. Tom Emmer said Monday some servers might make as much as $100,000 a year, but whether or not they agree with Emmer's views on the minimum wage, many say that a six-figure salary is extremely uncommon in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/06/servers-tipping-emmer-minimum-wage?refid=0 Tue, 06 Jul 2010 17:28:30 -0500 On the Fourth, be wary of water balloon fights MPR News reporter Annie Baxter tells the story of how she was injured in a seemingly light-hearted Independence Day activity that has nothing to do with fireworks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/02/water-balloon-injuries?refid=0 Fri, 02 Jul 2010 09:51:57 -0500 Train derails in Wayzata; no one hurt Emergency crews are on the scene of a train derailment in the western Twin Cities suburb of Wayzata. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/30/trail-derailment?refid=0 Wed, 30 Jun 2010 11:32:16 -0500 Online help wanted ads dropped by 6,200 in June Using the number of online ads for jobs as an indicator, a New York research firm says Minnesota saw a drop in demand for workers in June. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/30/minnesota-workforce?refid=0 Wed, 30 Jun 2010 11:15:13 -0500 Report: Metro home prices rise on back of tax credits The high-profile Standard & Poor's Case-Shiller home price index shows that Twin Cities home prices in April enjoyed some gains during the last month buyers could qualify for federal tax credits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/29/home-prices-rise?refid=0 Tue, 29 Jun 2010 13:25:58 -0500 Moody's: Strike likely to inflict financial damage on hospitals A report from Moody's Investors Service says if Twin Cities nurses stage another walk-out, the area's hospital systems would likely suffer damage to their finances. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/29/moodys-hospitals-nurses-strike?refid=0 Tue, 29 Jun 2010 04:56:01 -0500 Twin Cities realtors and buyers rush to close to meet tax credit deadline The federal tax credit for home purchases expires this Wednesday, and many deals may not go through. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/28/homebuyer-tax-credit-deadline-nears?refid=0 Mon, 28 Jun 2010 06:03:07 -0500 Delta expands international flights from MSP Delta Air Lines is boosting its international service from the Twin Cities with new non-stop flights between Mexico City, Paris and London. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/21/delta-new-flights?refid=0 Mon, 21 Jun 2010 12:22:00 -0500 Complex union fight playing out in old Mpls. restaurant At Murray's Restaurant in downtown Minneapolis, a complicated labor dynamic has emerged that involves the owners of the restaurant, the union representing workers there, and a warring restaurant staff. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/17/murrays-union-battle?refid=0 Fri, 18 Jun 2010 00:00:00 -0500 After tax credit expires, metro home sales plummet Twin Cities pending home sales fell off dramatically in May following the expiration of the federal home buyer tax credit, according to new data out Thursday from area Realtor groups. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/10/home-sales-plummet?refid=0 Thu, 10 Jun 2010 13:42:23 -0500 Minn. foreclosure rate outpaces national average Minnesota saw year-over-year gains in foreclosure activity last month, according to the national housing data firm RealtyTrac. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/10/foreclosures?refid=0 Thu, 10 Jun 2010 06:00:00 -0500 Great Recession changes Minnesota job market This week Minnesota Public Radio News will be airing a series of reports about the future of the job market in the state. We'll look at how employment trends are changing in the wake of the Great Recession. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/24/baxter?refid=0 Mon, 24 May 2010 10:21:11 -0500 Minnesota's jobs forecast: Living with higher unemployment Minnesota's unemployment rate has fallen from a year ago, when it reached its peak for this recession. But economists say it will take a long while to reach the low levels the state has enjoyed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/21/higher-unemployment?refid=0 Mon, 24 May 2010 00:00:00 -0500 Workers in transition: In some of the hardest hit industries, the jobs may not be coming back Some jobs aren't coming back in the hardest hit industries. For some workers, the transition to a new field can be scary, expensive or even impossible. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/21/workers-in-transition?refid=0 Mon, 24 May 2010 00:00:00 -0500 A closer look at Minnesota's manufacturing sector Minnesota has lost more than 40,000 manufacturing jobs in the course of the recession. But it might see a healthier recovery of manufacturing jobs than the U.S. as a whole http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/24/manufacturing-in-minnesota?refid=0 Mon, 24 May 2010 00:00:00 -0500 Health care industry on the rise The growth in health care jobs is expected to continue in Minnesota. In Blue Earth County, health-related employment has increased by 70 percent, far outpacing the state and the nation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/21/healthcare-jobs-on-the-rise?refid=0 Mon, 24 May 2010 00:00:00 -0500 What is the value of an education? Minnesotans with higher levels of education fared much better than those without in the Great Recession -- and it's key to the growth of the state's economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/24/education-and-unemployment?refid=0 Mon, 24 May 2010 00:00:00 -0500 Heart doctors oppose Guidant defibrillator plea agreement Two Minneapolis Heart Institute doctors are opposing a plea agreement involving the Guidant division of Boston Scientific. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/19/defibrillator-plea-agreement?refid=0 Mon, 19 Apr 2010 18:07:16 -0500 Boston Scientific resumes sales of cardiac defibrillators Boston Scientific has resumed U.S. distribution of two models of cardiac defibrillators that account for virtually all of its domestic defibrillator sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/16/boston-scientific-resumes?refid=0 Fri, 16 Apr 2010 12:44:54 -0500 Minn. sees larger spike in foreclosure filings than nation Minnesota had a bigger spike in foreclosure filings last month than the national average. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/15/foreclosure-spike?refid=0 Thu, 15 Apr 2010 07:03:24 -0500 Twin Cities home prices stabilized in March Twin Cities home prices showed continued signs of stabilizing in March. The median home price last month was $165,000. That's about 7 percent higher than in March of 2009. It was also up compared to February of this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/12/home-prices-stabilizing?refid=0 Mon, 12 Apr 2010 13:09:00 -0500 Home prices up nearly 2 percent in the Twin Cities The closely watched Standard & Poor's Case-Shiller home price index shows that Twin Cities home prices in January were up nearly 2 percent compared to the year before. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/30/twin-cities-home-prices?refid=0 Tue, 30 Mar 2010 17:55:29 -0500 Layoffs reported at Boston Scientific Last month the medical device maker said it would be cutting up to 1,300 workers from its payroll as part of a company-wide restructuring. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/30/boston-scientific-layoffs?refid=0 Tue, 30 Mar 2010 17:50:33 -0500 Excise tax has local medical device makers concerned The new health care law will bring a raft of changes to the medical industry, including an excise tax on many medical devices, and the tax is causing a lot of consternation in one of Minnesota's most prominent industries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/29/medical-excise-tax?refid=0 Mon, 29 Mar 2010 07:00:15 -0500 State's labor market stuck in neutral Minnesota's job market showed more signs of stabilizing last month. The state lost several thousand jobs in February, but the jobless rate didn't change. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/18/jobless-rate?refid=0 Thu, 18 Mar 2010 09:19:37 -0500 Stumbles plague Boston Scientific Boston Scientific has had a long run of bad news, and while the company says patient safety isn't at risk, the company's recovery from years of stumbles might be. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/16/boston-scientific-troubles?refid=0 Tue, 16 Mar 2010 03:00:00 -0500 Minn. out of money for jobless training program Minnesota is out of money for its job-training program for the unemployed - when demand is high because of the tough economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/12/jobless-training-money?refid=0 Fri, 12 Mar 2010 18:00:53 -0600 Mortgage debts may linger, even after foreclosure Local experts say foreclosures have displaced nearly 90,000 Minnesotans from their homes since 2005, and more people will likely go through foreclosure this year. Those who lose their homes might be surprised that some of their mortgage debt may linger even after the home is lost. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/11/mortgage-problems-after-foreclosure?refid=0 Thu, 11 Mar 2010 03:00:00 -0600 Twin Cities median home prices up second month in a row The Twin Cities median home sale price in February was $159,000, a six percent increase over the year before. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/11/housing-numbers?refid=0 Wed, 10 Mar 2010 14:00:00 -0600 State economists say slow recovery will continue State economic officials are hoping their crystal balls are trustworthy. They released a budget forecast Tuesday that predicts a continued, but muted, economic recovery. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/03/jobs-and-economy?refid=0 Wed, 03 Mar 2010 03:00:00 -0600 Minnesota adds 15,600 jobs; jobless rate declines slightly Minnesota added more jobs in January than any month since April 2005, an encouraging sign for the state's economy, officials announced Tuesday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/02/job-numbers?refid=0 Tue, 02 Mar 2010 06:10:51 -0600 U.S. Bank to move 1,600 workers from St. Paul to Richfield U.S. Bank will be moving some 1,600 workers from its facility on Shepard Road in St. Paul to Richfield. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/25/us-bank-moving?refid=0 Thu, 25 Feb 2010 16:15:11 -0600 Guidant charged for not reporting defibrillator safety problems The U.S. Department of Justice filed two misdemeanor criminal charges Thursday against Guidant, the Arden-Hills based subsidiary of Boston Scientific. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/25/guidant-charged?refid=0 Thu, 25 Feb 2010 15:13:16 -0600 Survey: Minn. manufacturers optimistic, but concerns loom A new survey found that Minnesota's small and mid-sized manufacturers are feeling optimistic about their future, but their concerns about health care and tight credit have grown. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/23/manufacturer-survey?refid=0 Tue, 23 Feb 2010 17:58:51 -0600 New data shows less foreclosure trouble ahead A key measure of mortgage delinquencies fell unexpectedly at the end of last year, both nationally and in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/19/mortgage-delinquencies?refid=0 Fri, 19 Feb 2010 16:53:48 -0600 Report: Minn. foreclosures dropped 12% from 2008 A new report from the Minnesota Home Ownership Center says the state had 23,000 foreclosures last year, a drop of 12 percent from 2008 levels, when foreclosures reached their highest levels. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/18/foreclosure-program?refid=0 Thu, 18 Feb 2010 06:53:02 -0600 Minneapolis Federal Reserve Bank president presents gloomy economic forecast In his first public speech since taking over as Minneapolis Federal Reserve Bank president, Narayana Kocherlakota Tuesday provided some grim economic forecasts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/16/new-fed-forecast?refid=0 Tue, 16 Feb 2010 16:00:57 -0600 Boston Scientific still mum on job cut plan Boston Scientific officials provided little new information today on plans to slash as many as 1,300 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/11/boston-scientific-folo?refid=0 Thu, 11 Feb 2010 16:13:43 -0600 Foreclosure numbers too high, local experts say A national housing data firm reported Thursday that foreclosure activity in Minnesota dropped nearly 16 percent in recent months, but other groups say the data is tainted. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/11/foreclosure-data?refid=0 Thu, 11 Feb 2010 05:00:00 -0600 Minn. expected to see bump in temporary jobs Although the nation's employers dropped a net 20,000 jobs, they did add 52,000 temporary workers to payrolls in January, according to the latest national jobs report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/06/temp-jobs?refid=0 Sat, 06 Feb 2010 12:29:40 -0600 After LaHood comment, Toyota dealers concerned A representative for Minnesota car dealers on Wednesday blasted U.S. Transportation Secretary Ray LaHood for telling the owners of recalled Toyotas to stop driving them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/03/toyota-reaction-from-minnesota-dealers?refid=0 Wed, 03 Feb 2010 14:23:39 -0600 Minnesota sees two indicators of improving economy The number of online job ads in Minnesota jumped by 8,900 between December and January, the largest increase since April 2006. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/01/jobopenings?refid=0 Mon, 01 Feb 2010 10:47:03 -0600 Housing experts question firm's foreclosure numbers The national research firm RealtyTrac reports that the Twin Cities had a big spike in foreclosures last year, but local housing experts say the number of metro area foreclosures is actually on the decline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/28/foreclosure-numbers?refid=0 Thu, 28 Jan 2010 17:40:07 -0600 Local Toyota dealers expect to take a hit from sales halt Toyota dealers said that cars sales may be down for weeks, due to a mass recall and a stop-sale notice issued by the National Highway Traffic Safety Administration. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/27/toyota-recall?refid=0 Wed, 27 Jan 2010 15:38:15 -0600 Franken introduces 'Cash for Jobs' plan on Senate floor Sen. Al Franken introduced a plan Tuesday that he believes could put half a million workers back to work, including 15,000 Minnesotans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/26/franken-cash-for-jobs?refid=0 Tue, 26 Jan 2010 16:08:51 -0600 Twin Cities home prices stagnant in November A widely watched gauge of home prices indicates the Twin Cities area home prices were basically flat in November. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/26/homeprices?refid=0 Tue, 26 Jan 2010 14:00:53 -0600 Medtronic to buy Invatec for up to $500 million Medtronic says it will pay up to $500 million for Invatec, a company that makes medical devices to treat cardiovascular disease. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/25/medtronic-buys-invatec?refid=0 Mon, 25 Jan 2010 17:09:15 -0600 Commercial real estate vacancies in Twin Cities reach 20-year high In the second half of 2009, the Twin Cities commercial real estate market experienced vacancy levels not seen in about 20 years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/21/commercial-real-estate?refid=0 Thu, 21 Jan 2010 18:49:17 -0600 State loses 4,100 jobs in December, jobless rate flat Minnesota's unemployment rate stayed flat in December, though the state lost 4,100 jobs during the month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/21/jobless-rate?refid=0 Thu, 21 Jan 2010 09:28:24 -0600 Group calling on St. Paul Ford plant to produce electric cars The advocacy group Environment Minnesota Wednesday joined with other organizations, including the United Auto Workers Local 879, to call for production of electric cars at the St. Paul Ford plant. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/20/ford-plant-electric-cars?refid=0 Wed, 20 Jan 2010 16:21:08 -0600 After layoffs, expect a smaller paycheck Many workers struggle with having to settle for a lower salary, sometimes as low as two-thirds of their original pay, after being laid off and finding a new job. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/14/working-pay-cuts?refid=0 Thu, 14 Jan 2010 15:57:35 -0600 Twin Cities housing market mimics economy in 2009 The Twin Cities real estate market ended 2009 looking a lot like the overall economy: recovering in some pockets, struggling in others. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/12/housing-market-2009?refid=0 Wed, 13 Jan 2010 03:00:00 -0600 Twin Cities home prices fell last month Twin Cities home prices fell last month but realtor associations say the market is coming into balance. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/12/home-sales-down?refid=0 Tue, 12 Jan 2010 14:11:13 -0600 Pink bag caused brief scare at MSP The Minneapolis-St. Paul International Airport is expected to operate normally again Wednesday after Tuesday's brief bomb scare. The false alarm caused a partial shutdown of the Lindbergh terminal. A bomb-sniffing dog triggered the alert when it called attention to a piece of luggage in the airport's baggage claim area. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/06/msp-suspicious-bag?refid=0 Wed, 06 Jan 2010 06:29:36 -0600 Jan. 1 a common birth date for many immigrants With New Year's Day just around the corner, you can be sure that people will make a fuss over any New Year's babies born that day. But it turns out there are far more people with a Jan. 1 birth date than you might think. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/29/january-1-birthdays?refid=0 Tue, 29 Dec 2009 11:35:49 -0600 Coping with Christmas without a job The Peterson family in Bloomington has tried to turn a tough time into a life lesson for their daughter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/24/unemployed-at-christmas?refid=0 Thu, 24 Dec 2009 00:00:00 -0600 Minn. jobless rate falls slightly, employers add 2,000 jobs Minnesota's unemployment rate dropped slightly and employers added 2,000 jobs last month, signaling that the state's economy is improving, officials said Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/17/minnesota-jobs-numbers?refid=0 Thu, 17 Dec 2009 09:58:12 -0600 Early indicators suggest a decline in job layoffs A slew of positive economic signs could bode well for state job numbers coming out Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/16/jobs-numbers?refid=0 Thu, 17 Dec 2009 06:00:00 -0600 Grants available to help after foreclosure A new pilot program aims to give families relocation assistance after foreclosure. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/15/foreclosure-grants?refid=0 Tue, 15 Dec 2009 14:22:02 -0600 Metro home prices are stable Twin Cities Realtor associations say the latest housing data offer further proof that home prices are stabilizing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/10/homesales?refid=0 Thu, 10 Dec 2009 12:55:44 -0600 Unemployment extensions confusing for some Minnesotans A slew of extensions prolonging federal jobless benefits are coming to an end later this month, and the change is causing confusion for some unemployed Minnesotans, and prompting debate over additional extensions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/08/unemployment-extensions?refid=0 Tue, 08 Dec 2009 17:20:23 -0600 Thomson Reuters in Eagan lays off 120 At Thomson West in Eagan, 120 workers received pink slips Thursday. The layoffs are part of 240 cuts at parent company Thomson Reuters' legal businesses in North America. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/03/thomson-layoffs?refid=0 Thu, 03 Dec 2009 16:50:51 -0600 Report: Manufacturing output up in Minnesota The Federal Reserve says manufacturing output is up in Minnesota. The so-called Beige Book released by the Fed gives an anecdotal overview of business conditions across the country. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/02/manufacturing-growth?refid=0 Wed, 02 Dec 2009 15:55:16 -0600 Publisher, Timberwolves owner withdraw Star Tribune bid The owner of the Minnesota Timberwolves and a Minneapolis publisher are holding off on becoming part owners of the Star Tribune for now, but haven't ruled out another bid. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/01/star-tribune-offer?refid=0 Tue, 01 Dec 2009 14:42:05 -0600 Unemployment, COBRA benefits running out for many Minnesotans As the end of the year approaches, some unemployed Minnesotans will be bracing for the end of certain jobless benefits, including health insurance subsidies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/30/unemployment-cobra?refid=0 Mon, 30 Nov 2009 09:00:06 -0600 Wells Fargo teaming up with Twin Cities on foreclosure efforts Wells Fargo and the cities of Minneapolis and St. Paul are teaming up on efforts to prevent foreclosures and stabilize neighborhoods affected by foreclosures. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/20/foreclosure-help-cities?refid=0 Fri, 20 Nov 2009 15:50:14 -0600 Minnesota's unemployment insurance fund remains in a deficit Minnesota's unemployment insurance fund remains in a deficit, despite expectations the fund would have a positive balance in October. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/19/unemployment-insurance-fund?refid=0 Fri, 20 Nov 2009 06:45:00 -0600 Unemployment rate ticks up, but state adds 2,200 jobs The state's unemployment rate rose slightly in October, even as state employers added 2,200 jobs, according to new numbers released Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/19/unemployment?refid=0 Thu, 19 Nov 2009 09:47:05 -0600 Temp job market can be a mixed blessing for workers Temporary employment agencies are one of the few bright spots in the job market these days and experts keep an eye on the industry because it often signals the beginning of an economic recovery. But for workers, the low-paying jobs may not always be the best choice. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/17/temp-workers?refid=0 Wed, 18 Nov 2009 03:00:00 -0600 Official expects Minn. unemployment figures to spike Minnesota's jobless rate has fallen for three months in a row, but it's expected to reverse course when state officials release October's unemployment rate on Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/16/unemployment-numbers?refid=0 Mon, 16 Nov 2009 06:18:33 -0600 Housing numbers up, but will they last? A federal tax credit is a big reason why the latest Twin Cities housing numbers show a burst of sales activity in October. But real estate agents disagree on the long-term effect the incentive will have on the housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/11/housing-numbers?refid=0 Wed, 11 Nov 2009 11:30:00 -0600 Despite closures, Minn. banks faring well during downturn Before the latest round of bank failures, Minnesota had not had a state bank failure since 2000. However, experts say most of the state's banks are weathering the economic stresses and are actually in pretty good shape. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/09/bank-closures?refid=0 Mon, 09 Nov 2009 19:36:12 -0600 Brainerd: When is a recovery a recovery? The Brainerd area once boomed with lake home construction, and manufacturing companies offered some good paying jobs. But both of those industries have taken major employment hits. Now there may be signs of a recovery, but it depends on whom you ask. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/05/brainerd-recovery?refid=0 Thu, 05 Nov 2009 12:00:00 -0600 High premiums await those with expiring COBRA benefits A federal stimulus program to subsidize health premiums, known as COBRA, stops accepting new people at the end of the year, and some who are already in the program will exhaust their 9 months of assistance soon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/21/cobra-insurance-benefits?refid=0 Thu, 22 Oct 2009 05:00:00 -0500 Employment picture not as rosy as numbers suggest Although Minnesota's unemployment rate fell to 7.3 percent in September, employers continue to shed jobs, and thousands of Minnesotans have left the labor market, state officials announced Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/15/unemployment-rate?refid=0 Thu, 15 Oct 2009 08:56:06 -0500 Deal could give temp Ford workers full-time positions A tentative deal between Ford and the United Auto Workers could give temporary workers at the St. Paul Ranger plant the chance to become full-time employees, despite the fact that the plant is slated to close in 2011. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/14/ford-temp-workers?refid=0 Wed, 14 Oct 2009 20:20:05 -0500 Short sales, foreclosures drive down median home prices Twin Cities median home prices dropped about $5,000 between August and September to $170,000, according to data out today. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/12/housing-prices?refid=0 Mon, 12 Oct 2009 17:45:18 -0500 Minn. Blue Cross and Blue Shield layoffs total 300 for the past year Blue Cross and Blue Shield of Minnesota has laid off about 300 workers in the past year, about 100 this week alone. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/01/blue-cross-layoffs?refid=0 Thu, 01 Oct 2009 17:46:44 -0500 September Ford Ranger sales down 48 percent from last year September sales of Ford Ranger pick-up trucks, manufactured in St. Paul, fell about 48 percent compared to last year. http://minnesota.publicradio.org/display/web/2009/10/01/ford-ranger-sales?refid=0 Thu, 01 Oct 2009 16:46:12 -0500 Mpls Fed's new leader has Midwest economic approach The Federal Reserve Bank of Minneapolis has named a University of Minnesota economist as its new president. Narayana Kocherlakota takes over on Oct. 8. Here's a profile of Kocherlakota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/30/new-minneapolis-fed-chairman?refid=0 Wed, 30 Sep 2009 17:00:16 -0500 Home prices rise 3.1 percent in Twin Cities The closely-watched Standard & Poor's/Case-Shiller National Home Price Index shows that home prices in the Twin Cities rose in July more than any other city the index tracks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/29/home-prices-index?refid=0 Tue, 29 Sep 2009 17:00:30 -0500 Architects another victim of real estate downturn The state's architects, victims of the crisis in the real estate industry that you don't hear much about, have seen steeper employment declines than the overall job market. With commercial and residential real estate still suffering, those high-paying architecture jobs may not return anytime soon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/28/architects-economy?refid=0 Mon, 28 Sep 2009 17:21:38 -0500 Minn. attorney general sues debt aid companies The Minnesota Attorney General filed lawsuits today against three out-of-state companies, accusing them of scamming consumers seeking help with debt problems. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/22/attorney-general-sues-debt-aid-companies?refid=0 Tue, 22 Sep 2009 15:02:50 -0500 Economists try to sketch out Minnesota's job future The latest reading on Minnesota's job market comes out later this week, and the big question is whether the state will see job growth for a second month in a row. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/13/minnesota-jobs?refid=0 Mon, 14 Sep 2009 03:00:00 -0500 Metro home sales show slight improvement The Twin Cities real estate market show some mixed signs of improvement in August, with homes spending fewer days on the market and median home prices rising slightly. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/10/homesales?refid=0 Thu, 10 Sep 2009 14:10:04 -0500 Commercial real estate market trails residential in recovery The Twin Cities commercial real estate market is in a weak state concludes the Federal Reserve Board's latest survey of economic activity, called the Beige Book. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/09/commercial-realestate-recovery?refid=0 Wed, 09 Sep 2009 17:35:58 -0500 Finding a home after foreclosure Despite the black marks foreclosures and short sales put on your credit report, in many cases, these financial catastrophes aren't preventing people from finding new housing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/01/foreclosure-new-housing?refid=0 Wed, 02 Sep 2009 03:00:00 -0500 Xcel indicted in Colorado tunnel fire deaths Two companies, including Xcel Energy, and two executives have been indicted on federal charges in the deaths of five workers in a fire inside a tunnel at a Colorado hydroelectric plant. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/28/xcel-colorado-tunnel-fire?refid=0 Fri, 28 Aug 2009 13:44:46 -0500 Pilots want lithium batteries banned from flights The world's largest pilots union is calling for a ban on lithium battery shipments in passenger and cargo aircraft because of the potential for fires. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/25/lithium-batteries?refid=0 Tue, 25 Aug 2009 15:45:44 -0500 Twin Cities' housing market fares well in report A closely-followed index of home prices showed improvements in the Twin Cities between May and June. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/25/metro-housing-prices?refid=0 Tue, 25 Aug 2009 12:06:41 -0500 Minnesota's job market bounces back in July Minnesota's job market bounced back in dramatic fashion in July. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/20/job-numbers-update?refid=0 Thu, 20 Aug 2009 17:02:52 -0500 Jobless numbers rare good news for manufacturing The Minnesota Department of Employment and Economic Development said today the state's jobless rate dropped to 8.1 percent in July. For the first time in more than a year, the state's important manufacturing sector gained jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/19/jobs-update?refid=0 Thu, 20 Aug 2009 03:00:00 -0500 More truck sales mean more work at St. Paul Ford plant Ford Ranger sales are up, and that will mean overtime for the roughly 760 workers at the Ranger plant in St. Paul this fall. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/14/ford-ranger-sales-work?refid=0 Fri, 14 Aug 2009 16:42:18 -0500 Metro housing market continues to improve The Twin Cities housing market showed mixed signs of improvement in July, according to numbers out today. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/12/real-estate-stats?refid=0 Wed, 12 Aug 2009 15:59:09 -0500 Opus selling national property portfolio Financially troubled Opus Corp., based in Minneapolis, is selling its national property management portfolio to NorthMarq Real Estate Services in Bloomington. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/11/opus?refid=0 Tue, 11 Aug 2009 18:09:29 -0500 'Clunkers' program salvaging a bad year for car dealers Many Minnesota car dealers have called the "cash for clunkers" program a big success. But it's unclear whether the boost from the program will be enough to offset their huge sales declines earlier this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/07/clunkers-dealers?refid=0 Fri, 07 Aug 2009 17:00:00 -0500 State's jobless fund in the red Minnesota's jobless benefits trust fund ran a deficit in July for the first time this recession. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/06/joblessbenefits?refid=0 Thu, 06 Aug 2009 17:36:03 -0500 Families struggle to take away lessons from recession Job loss is tough on anyone -- and especially hard on parents who have to come home and break the news to their family. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/04/recession-family?refid=0 Tue, 04 Aug 2009 16:38:11 -0500 Some auto dealers still waiting on 'cash for clunker' approvals Minnesota auto dealers are still having trouble getting federal approval of their "cash for clunkers" transactions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/03/cash-clunkers-survey?refid=0 Mon, 03 Aug 2009 16:21:59 -0500 Dealers scramble to beat 'cash for clunkers' deadline Minnesota auto dealers scrambled to get cash for clunkers deals signed by the end of the day Friday could go through after the program ran out of money in just a week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/31/cash-for-clunkers?refid=0 Fri, 31 Jul 2009 07:03:28 -0500 U.S. Bank to base online payment network in Minneapolis U.S. Bank is partnering with VISA to start a global online bill payment network, headquartered in Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/30/usbank-bill-payment?refid=0 Thu, 30 Jul 2009 16:36:24 -0500 Class-action suit filed against consumer arbitration group Three people have filed class-action lawsuits against the National Arbitration Forum, based in the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/29/naf-lawsuit?refid=0 Wed, 29 Jul 2009 17:27:30 -0500 Index shows home price increase; first since 2006 A closely-followed index shows Twin Cities' home prices rose 1.2 percent between April and May. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/28/house-prices-increase?refid=0 Tue, 28 Jul 2009 10:26:59 -0500 Some believe low appraisals hurting housing market Some experts now believe that some appraisals are running low and killing deals at a time when the housing market desperately needs a boost. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/27/bad-appraisals?refid=0 Tue, 28 Jul 2009 03:00:00 -0500 Fewer home buyers trading up keeps prices down The housing market is in a long slump, but sales of low-priced homes in the Twin Cities metro area are actually brisk. On the other hand, homes in the mid to high price ranges are selling very slowly. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/20/two_markets?refid=0 Mon, 20 Jul 2009 14:18:20 -0500 State loses 16,700 jobs in June Minnesota's job losses spiked dramatically in June, compared to the previous month, with employers cutting 16,700 jobs around the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/16/june_job_losses?refid=0 Thu, 16 Jul 2009 16:45:48 -0500 Increase in permitting activity could be a sign of builder confidence Home builders pulled 332 permits to build new housing in the month of June. That's the highest number since last August. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/02/permitting_activity?refid=0 Thu, 02 Jul 2009 16:59:13 -0500 Homelessness in Hennepin County on the rise A new report shows that homelessness among families in Hennepin County is on the rise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/01/homelessness_rise?refid=0 Wed, 01 Jul 2009 20:27:59 -0500 Judge approves settlement in UnitedHealth Group case A federal judge in Minneapolis has approved a settlement relating to a stock options backdating scandal at UnitedHealth Group. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/01/unitedhealth_lawsuit?refid=0 Wed, 01 Jul 2009 16:02:18 -0500 Index shows Twin Cities housing prices continue to decline A closely-followed index shows Twin Cities home prices fell seven-tenths of 1 percent between March and April. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/30/housing_prices?refid=0 Tue, 30 Jun 2009 11:41:14 -0500 Recession can be even tougher for low-income families For families already living on the financial edge before the recession hit, the economic blows can be even more punishing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/25/recession_low_income?refid=0 Fri, 26 Jun 2009 03:00:00 -0500 Delta counts H1N1-related losses at $250 million Delta Air Lines, the parent company of Northwest Airlines, says it could suffer a big revenue hit this year due to the H1N1 flu virus. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/22/delta_swine_flu_losses?refid=0 Mon, 22 Jun 2009 14:51:52 -0500 Dramatic slowdown in job losses last month Minnesota employers cut 1,600 jobs in May, the smallest monthly loss since August 2008, according to figures released Thursday by the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/18/unemployment_rate?refid=0 Thu, 18 Jun 2009 17:00:40 -0500 Minn. home foreclosures fall in first quarter of 2009 Home foreclosures fell in the first quarter of 2009, according to information from the non-profit group HousingLink. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/17/foreclosures_down?refid=0 Wed, 17 Jun 2009 16:24:47 -0500 Foreclosure tough on single women Foreclosure is a scary proposition for any family. But for single people, who don't have a spouse's income or emotional support to tap, saving a home from foreclosure can be especially tough. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/16/single_foreclosure?refid=0 Tue, 16 Jun 2009 16:30:00 -0500 Metro home market shows improvement Twin Cities housing statistics are showing some signs of improvement, according to area realtor associations. But experts say the numbers do not necessarily suggest the region's housing market is getting healthier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/10/homesales?refid=0 Wed, 10 Jun 2009 15:00:49 -0500 Minnesota GM dealers brace for bankruptcy As bankruptcy looms for auto giant General Motors, GM dealers in Minnesota are wondering what the company's financial collapse would mean for them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/27/minnesota_gm_dealers_brace_for_bankruptcy?refid=0 Wed, 27 May 2009 17:33:47 -0500 Pawlenty, Klobuchar honor veterans at Fort Snelling About 4,500 people flocked to a Memorial Day ceremony at Fort Snelling National Cemetery in Minneapolis today, including Gov. Tim Pawlenty and Sen. Amy Klobuchar. The cemetery is the resting place of about 150,000 members of the U.S. armed services. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/25/memorial_day?refid=0 Mon, 25 May 2009 16:18:44 -0500 Jobs picture improves in April Job losses are slowing somewhat in Minnesota. The state lost 9,500 jobs from March to April, a significant improvement from most recent months. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/21/jobless_april?refid=0 Thu, 21 May 2009 10:28:27 -0500 Medtronic to cut 1500+ jobs, 600 in Twin Cities Medical device maker Medtronic Inc. says it will reduce its global work force by 1,500 to 1,800, with about 600 of the jobs coming from the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/19/medtronic_layoffs?refid=0 Tue, 19 May 2009 09:41:01 -0500 Chrysler lists 20 dealers for closure in Minnesota Chrysler LLC wants to close 20 Minnesota dealerships as part of a nationwide move to eliminate 789 dealerships. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/14/chrysler_dealers?refid=0 Thu, 14 May 2009 16:00:57 -0500 Recession forces couples to split for work The recession is forcing some families to split up temporarily. Work isn't easy to come by, and in some families, moms and dads have to strike out far from home to find it. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/12/commuter_marriage?refid=0 Wed, 13 May 2009 03:00:00 -0500 U.S. Bank passes bank 'stress test'; Wells Fargo does not U.S. Bank does not need to raise more capital to withstand further economic deterioration. That's one of the findings of the federal government's "stress test" of major banks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/07/bank_stress_test?refid=0 Thu, 07 May 2009 17:15:38 -0500 Home sales in Minn. next year predicted to lag U.S. A senior economist with the National Association of Home Builders says home construction in Minnesota will likely lag the U.S. when the industry starts to rebound in the next year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/06/slow_growing_homes?refid=0 Wed, 06 May 2009 17:55:00 -0500 Northwest, U.S. Bank reach deal on WorldPerks credit cards Northwest Airlines has settled a lawsuit against U.S. Bank over a credit card that earns airline travel points. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/05/worldperks_settle?refid=0 Tue, 05 May 2009 11:23:51 -0500 Minn. Chrysler dealers wonder who's on chopping block Chrysler's bankruptcy filing today is leaving the company's dealers in Minnesota with a lot of unanswered questions. Officials say it is likely Chrysler will pare down its base of 3,300 dealerships nationwide, but they haven't said how many cuts will be made. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/30/chrysler_dealers?refid=0 Thu, 30 Apr 2009 17:24:45 -0500 Chrysler Financial wins $477M suit against auto dealer Denny Hecker A Hennepin County judge has ruled in favor of Chrylser Financial Services in a $477 million suit that alleges auto dealer Denny Hecker defaulted on payments for loans and rent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/28/hecker_judgment?refid=0 Tue, 28 Apr 2009 18:27:28 -0500 McKnight money to help foreclosure crisis The Minneapolis-based McKnight Foundation said today it's giving $10 million to help communities recover from the foreclosure crisis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/28/mcknight_foreclosure?refid=0 Tue, 28 Apr 2009 16:26:06 -0500 Minnesota GM dealers anxiously await their fate After General Motors announced Monday that it will close 42 percent of its 6,200 dealerships by the end of next year, dealers in Minnesota and elsewhere are anxiously awaiting news about whether their businesses will survive. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/27/minnesota_gm_dealers_anxiously_await_their_fate?refid=0 Mon, 27 Apr 2009 21:39:58 -0500 Consumer confidence murky amid up-and-down economy Experts are looking for positive economic signs, especially from consumers. Consumer spending makes up a whopping 70 percent of the economy, but right now you might have trouble figuring out what's going on with them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/21/consumer_confidence?refid=0 Tue, 21 Apr 2009 16:03:36 -0500 Polaroid, part of Petters Group, sold for $86M Polaroid, part of the Petters Group Worldwide LLC slate of businesses, has been sold in bankruptcy court for about $86 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/17/polaroid_sold?refid=0 Fri, 17 Apr 2009 11:23:43 -0500 Nearly all sectors saw job cuts last month in Minn. The Minnesota unemployment rate edged up to 8.2 percent in March, as employers in the state eliminated another 23,200 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/16/march_joblessrate?refid=0 Thu, 16 Apr 2009 16:03:50 -0500 Recovery still far away, despite increase in metro home sales March home sales in the Twin Cities area posted a robust 14 percent increase, but prices continue to fall compared to last year. But experts caution against declaring an economic recovery is underway. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/10/homesales?refid=0 Fri, 10 Apr 2009 18:00:00 -0500 Some stimulus funds might land in unexpected places Over the next few months, billions of dollars will flow into Minnesota from the federal stimulus package. The biggest chunk -- $1.8 billion -- will go to the state's Medicaid program. But then other allocations may be more like $11,000 -- hardly enough to create a new full-time job. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/09/stimulus_primer?refid=0 Fri, 10 Apr 2009 03:00:00 -0500 Head of the Minneapolis Federal Reserve to retire The head of the Federal Reserve Bank of Minneapolis is retiring. Gary Stern will leave his position as president and CEO of the Minneapolis Fed this summer. He reaches the Fed's mandatory retirement age of 65 in November. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/02/head_of_the_minneapolis_federal_reserve_to_retire?refid=0 Thu, 02 Apr 2009 15:49:14 -0500 3M cuts 1,200 jobs worldwide Maplewood-based 3M says today that it has cut 1,200 jobs from its worldwide workforce in the first quarter of the year. A spokeswoman says less than half the cuts are in the U.S., and several hundred of those jobs are in Minnesota, where 3M employs 15,000 workers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/31/3m_to_cut_1200_jobs_worldwide?refid=0 Tue, 31 Mar 2009 18:29:27 -0500 Minn. auto dealers optimistic about Obama plan Car dealers in Minnesota are expressing optimism about President Obama's plan to jump-start domestic auto sales. The plan includes a promise that the government will stand behind domestic car makers' warranties. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/30/autodealers_react?refid=0 Tue, 31 Mar 2009 04:00:00 -0500 Stimulus weatherization money has contractors gearing up Reducing energy consumption is a major priority in the federal economic stimulus plan. Weatherization contractors are already anticipating new work and making new hires. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/26/energyauditors?refid=0 Fri, 27 Mar 2009 00:00:00 -0500 Minn. financial firms optimistic about Obama plan The government's move to to draw private investors into buying up to $1 trillion of banks' so-called toxic assets aims to get the bad loans off bank balance sheets so that they will start lending again. Some local financial firms say they're all eager to see more details of the programs' rules. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/23/minn_obamaplan_reaction?refid=0 Mon, 23 Mar 2009 17:13:16 -0500 8.1 percent jobless rate; a glimmer of light? The jobless rate in Minnesota rose again in February, hitting 8.1 percent. That's up more than half a percent from the January reading. The state also lost more than 13,000 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/19/feb_jobless?refid=0 Thu, 19 Mar 2009 10:30:33 -0500 Travelers' NYC address = HQ move? Minnesota's oldest company is changing its address. The Travelers Insurance Co. is still incorporated in St. Paul. But the insurance giant said recently its principal executive offices are now in New York City. Many business observers are see this as a headquarters shift. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/11/travelers_ny?refid=0 Wed, 11 Mar 2009 17:11:54 -0500 Home builders get creative to survive Despite the beating the home building industry has been taking over the past few years, some Minnesota builders say they're managing to fare pretty well. They attribute their success to their creative sales techniques. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/09/buiders?refid=0 Tue, 10 Mar 2009 03:00:00 -0500 Minn. economic forecast: Gloomy for a few more years While politicians wrangled today over how to address the projected shortfall in the next biennium, the state economist laid out the grim reasons behind the budget problems. Some observers say even his gloomy outlook might be too sunny. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/03/deficit_economy?refid=0 Tue, 03 Mar 2009 16:39:46 -0600 January jobless rate rises to 7.6 percent Minnesota's seasonally adjusted unemployment rate rose to 7.6 percent in January, the highest rate since mid-1983. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/26/mn_janjobless?refid=0 Thu, 26 Feb 2009 10:02:11 -0600 Medtronic makes billion-dollar bet on heart valves Medtronic is making a billion-dollar move into the market for minimally invasive heart valve replacements. The Fridley medical device maker today announced it's acquiring two privately held heart valve companies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/23/valves?refid=0 Mon, 23 Feb 2009 17:04:48 -0600 Homebuilders, suppliers have mixed reaction to stimulus bill Minnesota is likely to get billions of dollars from the federal stimulus plan President Obama signed into law yesterday, but exactly how much and where the money will go in the state remains unclear. Still, some businesses say they're already seeing results from the huge federal spending plan, while others doubt they'll see any benefit at all. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/18/homebuilders_suppliers_have_mixed_reaction_to_stimulus_bill?refid=0 Wed, 18 Feb 2009 17:57:50 -0600 Medtronic stock rises after positive earnings report Fridley-based Medtronic's stock price has shot up 6 percent in midday trading after the medical device maker reported a jump in third-quarter earnings. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/17/medtronic_stock_sees_gains_despite_troubled_economy?refid=0 Tue, 17 Feb 2009 14:49:18 -0600 Minnesotans exhausting unemployment benefits in higher numbers State officials say 4 out of every 10 Minnesotans receiving jobless benefits will exhaust them and use up every last drop of the 26 weeks they are allotted. That number has shot up during the recession. However, many people qualify for benefit extensions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/11/more_minnesotans_exhausting_unemployment_benefits_during_recession?refid=0 Thu, 12 Feb 2009 03:00:00 -0600 Homebuilders shift to remodeling in dwindling economy With home construction in freefall, many builders have turned to remodeling to keep their businesses afloat. However, the remodeling business is going through its own tough times. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/28/homebuilders_shift_to_remodeling_in_dwindling_economy?refid=0 Thu, 29 Jan 2009 02:00:00 -0600 Best Buy announces layoffs on top of buyouts Richfield-based Best Buy told headquarters employees today that it will hand out an unspecified number of pink slips Feb. 19. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/27/bestbuy_layoffs?refid=0 Tue, 27 Jan 2009 16:52:20 -0600 Minnesota unemployment rises to 6.9 percent Minnesota continued to shed thousands of jobs in December, pushing the unemployment rate to 6.9 percent. But, some sectors are still adding jobs. Those were some of the headlines today from the Department of Employment and Economic Development, which released its latest jobs report Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/22/unemployment?refid=0 Thu, 22 Jan 2009 16:45:58 -0600 UnitedHealth pays to resolve claims disputes Minnesota-based UnitedHealth Group agreed to pay $350 million to settle class action lawsuits concerning Ingenix and its database of physician fees, which the suit claimed hurt patients and physicians. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/15/unitedhealth_settle?refid=0 Thu, 15 Jan 2009 14:30:04 -0600 ING to drop 100 Minnesota employees ING is giving pink slips to nearly 90 workers in Minneapolis and to about 10 workers in St. Cloud. The layoffs are part of broader staff reductions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/14/ing_layoffs?refid=0 Wed, 14 Jan 2009 08:32:38 -0600 Hutchinson Technology job cuts go deeper Hutchinson Technology says it has to slash more jobs than it initially announced in December. The Hutchinson, Minn.,-based company makes components for computer hard drives. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/13/hutchinson_morecuts?refid=0 Tue, 13 Jan 2009 13:02:08 -0600 Alliant, G&K Services announce layoffs Minnetonka-based G&K Services and Eden Prairie-based Alliant Techsystems have both announced layoffs this week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/09/alliant_gk_services_announce_layoffs?refid=0 Fri, 09 Jan 2009 15:00:59 -0600 Judge dismisses suits against Medtronic A federal judge in St. Paul has dismissed patient lawsuits against Fridley-based Medtronic in connection with a recall of the company's Sprint Fidelis defibrillator leads in 2007. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/06/medtronic_dismissed?refid=0 Tue, 06 Jan 2009 11:58:24 -0600 Voices of the struggle Many of us are hoping the new year will bring better news in the economy. In 2008 we experienced one of the worst recessions on record. Many Minnesotans struggled -- losing their jobs, watching their retirement savings shrink as the stock market tanked. MPR's Annie Baxter talked to some of those people over the past year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/01/economy_voices?refid=0 Thu, 01 Jan 2009 10:44:25 -0600 UnitedHealth pleased with SEC settlement Minneapolis-based UnitedHealth Group today issued a statement saying they are pleased with a Securities and Exchange Commission settlement in connection with an investigation into the company's stock options practices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/22/unitedhealth_pleased_with_sec_settlement?refid=0 Mon, 22 Dec 2008 16:12:17 -0600 Minnesota jobs hinge on fate of auto industry The Bush administration said Friday that it will help prevent the collapse of the nation's auto industry. The collapse of the nation's auto industry could mean a lot of job losses -- including here in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/12/minn_autoindustry?refid=0 Fri, 12 Dec 2008 17:45:00 -0600 Judge considers UnitedHealth settlement A federal judge in Minneapolis today will consider a settlement relating to a stock options backdating scandal at UnitedHealth Group. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/12/unitedhealth?refid=0 Fri, 12 Dec 2008 08:41:56 -0600 Hutchinson Technology cuts 1,100 jobs Hutchinson Technology is cutting as many as 1,100 jobs. Hutchinson, a Minnesota maker of computer hard drive components, says the remaining employees will take a 5 percent pay cut. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/09/hutchinson_layoffs?refid=0 Tue, 09 Dec 2008 18:15:38 -0600 State economist says deficit recovery won't come easily Today the Minnesota state goverment announced that we are facing a $5.2 billion budget deficit over the next 2 1/2 years. Minnsota State Economist Tom Stinson says the recovery will not come easily. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/04/deficit_numbers?refid=0 Thu, 04 Dec 2008 15:47:45 -0600 Black Friday shoppers still show, but some scale back Shoppers crowded into malls Friday to snatch up sales on Black Friday, one of the biggest holiday shopping days of the year. A lot was riding on the day to rescuscitate consumer spending, which has plummeted in recent months. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/28/black_friday_shoppers_still_show_but_some_scale_back?refid=0 Fri, 28 Nov 2008 16:15:19 -0600 Retailers looking to 'Black Friday' for revenue gains While you're toiling away in the kitchen preparing Thanksgiving dinner today, you might be fantasizing about the big sales awaiting you at the mall tomorrow, on the day known as "black Friday." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/26/black_friday_sales?refid=0 Thu, 27 Nov 2008 03:00:00 -0600 State jobless rate rises to 6 percent Minnesota's unemployment rate ticked up in October to 6 percent, up a tenth of a percent from the month before. The Department of Employment and Economic Development says the state lost 7,500 jobs last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/20/mnjobless?refid=0 Thu, 20 Nov 2008 11:55:15 -0600 Consumers continue to cut back spending amid economic woes It's been a rough week for economic news. A number of retailers, including Minneapolis-based Target, reported lower sales in October. Employers responded to their shrinking revenues by shedding jobs. The nation's jobless rate hit 6.5 percent this past month, the highest level since 1994. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/07/spending_cut_back_consumers?refid=0 Fri, 07 Nov 2008 17:08:20 -0600 Survey finds widespread anxiety about economy A new survey by Minnesota Public Radio and the University of Minnesota's Humphrey Institute of Public Affairs indicates a large majority of Minnesotans are nervous about the economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/05/econpoll?refid=0 Thu, 06 Nov 2008 00:00:00 -0600 Delta president says changes will occur gradually Delta Air Lines president Ed Bastian said the integration of Delta Air Lines and its new subsidiary, Northwest Airlines, will proceed slowly. And customers will come first. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/30/delta_president_changes_gradual?refid=0 Fri, 31 Oct 2008 03:00:00 -0500 Consumer spending accounts for two-thirds of U.S. economy Today, the federal government will release its first reading on the growth of the U.S. economy between July and September. Economists are predicting the economy shrank half a percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/29/gdp_numbers_consumer_spending?refid=0 Thu, 30 Oct 2008 06:00:00 -0500 Ford plant's extended shutdown triggers concerns The St. Paul Ford plant idles for a week every year around Christmas, but a longer shutdown this year is triggering concerns about broader economic impacts. http://minnesota.publicradio.org/display/web/2008/10/17/ford_plant_shutdown?refid=0 Fri, 17 Oct 2008 17:08:39 -0500 Delta CEO promises smooth merger Delta Air Lines' Chief Executive Richard Anderson says the Atlanta-based carrier's acquisition of Northwest Airlines will not produce headaches for passengers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/08/andersonspeaks?refid=0 Wed, 08 Oct 2008 16:47:55 -0500 Lenders much less willing to extend credit amid financial turmoil The federal bailout package currently in limbo is designed to free up the nation's credit markets. A crisis of confidence in the financial sector has made lenders much less willing to extend credit, the life blood of the economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/26/credit_crunch?refid=0 Fri, 26 Sep 2008 18:18:09 -0500 Effects of bailout proposal on homeowners still unclear How the federal bailout of the financial services industry will affect distressed homeowners in Minnesota and elsewhere remains unclear, however an unidentified government official said the administration has agreed to include homeowner protections against foreclosures. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/22/bailout_homeowners_effects?refid=0 Mon, 22 Sep 2008 17:00:59 -0500 State's jobless rate rises again Minnesota's unemployment rate rose to 6.2 percent in August, its highest level since 1985. Minnesota's employers cut 3,100 jobs last month, but some industries were adding employees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/18/unemployment?refid=0 Thu, 18 Sep 2008 09:56:17 -0500 Minnesota investors sweating it out With the Dow Industrials down more than 800 points in just three days this week, investors will anxiously watch the market opening today. But many Minnesota investors are holding tight and expecting the turmoil to pass. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/17/invest?refid=0 Thu, 18 Sep 2008 00:00:00 -0500 Former UnitedHealth CEO settles options lawsuit Former UnitedHealth Group Chief Executive William McGuire will pay $30 million and return more than 3 million shares of stock options to settle a class-action lawsuit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/10/mcguiresettle?refid=0 Wed, 10 Sep 2008 11:01:28 -0500 Betting on premium chocolate lovers These days, many Americans are saying good-bye to life's little luxuries. But one Minneapolis business owner is hoping consumers won't let the sinking economy beat their love of chocolate. Annie Baxter reports. http://minnesota.publicradio.org/display/web/2008/09/05/pm_choctrepreneur?refid=0 Fri, 05 Sep 2008 14:24:20 -0500 St. Paul business owners feel they aren't getting a fair RNC shake Hosting the Republican National Convention was supposed to be a joint affair for the Twin Cities. Civic boosters reminded the public that they were promoting "Minneapolis-St. Paul," not one city over another. But some St. Paul business owners are wondering if they've gotten the short end of the stick. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/02/rnc_business_lacking?refid=0 Tue, 02 Sep 2008 17:11:01 -0500 Republican delegates say they still have important business to do at RNC Delegates from Gulf Coast states, in Hurricane Gustav's path, had busy weekends balancing responsibilities to family with preparations for the Republican National Convention. With the storm on track to hit landfall tomorrow, some delegates are having to make additional preparations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/31/rnc_delegates?refid=0 Sun, 31 Aug 2008 20:01:08 -0500 Protesters cause Capitol building to be locked down A protest Friday afternoon briefly shut down the Minnesota Capitol this afternoon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/29/protesters_capitol?refid=0 Fri, 29 Aug 2008 18:24:39 -0500 GOP picks 'exceptionally average' state Republicans have chosen a backdrop for their convention -- Minnesota -- that reflects some of the same economic problems the country, and the new president, are going to have to deal with. Annie Baxter reports. http://minnesota.publicradio.org/display/web/2008/08/29/minnesota_typical_place?refid=0 Fri, 29 Aug 2008 15:32:26 -0500 Census: Data shows Minnesota poverty stable New data from the U.S. Census Bureau for the year 2007 shows that median household income and poverty rates in Minnesota were relatively stable. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/26/census_poverty_stable?refid=0 Tue, 26 Aug 2008 17:20:43 -0500 What restaurants will be open during the RNC? A few Twin Cities restaurants and nightspots will be closed for private parties for periods of time during the Republican National Convention. Others say they'll be open for business as usual and they hope local patrons won't stay away. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/22/survivalguide_restaurants?refid=0 Fri, 22 Aug 2008 18:38:38 -0500 Are we seeing another round of 'stagflation?' Rising prices for food and gas, combined with a weak economy, are prompting a comparison to the "stagflation" of the 1970s and early 1980s. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/04/stagflation?refid=0 Mon, 04 Aug 2008 16:11:27 -0500 Not even a slow economy can keep people from their chocolate The economy is slowing, consumer confidence is at historic lows and food and gas take a bigger bite of household budgets, but one business owner is betting that even in the face of adversity, consumers won't lose sight of one important thing: their love of chocolate. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/03/rogue_chocolatier?refid=0 Sun, 03 Aug 2008 17:06:39 -0500 Ford plant workers get a reprieve The Ford plant in St. Paul got a two-year reprieve today. The plant was scheduled to close next year, but will keep producing the Ranger compact truck through 2011. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/24/ford_plant1?refid=0 Thu, 24 Jul 2008 16:47:03 -0500 Minnesota Slowdown: Tracing the roots of a sliding economy It was only about 10 months ago that talk of a recession in this country started heating up. But the beginnings of the slowdown in Minnesota can be traced back several years, to a time when the state was adding thousands of jobs a month, and gas was less than $2.50 a gallon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/16/minnesota_slowdown?refid=0 Wed, 16 Jul 2008 14:00:00 -0500 UnitedHealth settles suit, cuts jobs and earnings outlook Minnetonka-based UnitedHealth Group went on a news spree Wednesday. The company announced a settlement in a high-profile class action lawsuit. It also lowered earnings estimates and announced 4,000 job cuts, and other reorganization moves. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/02/unitedhealth?refid=0 Wed, 02 Jul 2008 09:39:57 -0500 Minnesota loses 10,000 jobs in April Minnesota's economy lost about 10,000 jobs in April, and the unemployment rate inched up. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/15/job?refid=0 Thu, 15 May 2008 13:33:46 -0500 State Supreme Court to hear UnitedHealth case The Minnesota Supreme Court wiil hold a hearing Wednesday on whether a federal judge in Minneapolis has the authority to reject a settlement reached in a lawsuit against UnitedHealth Group. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/05/healthgroup?refid=0 Mon, 05 May 2008 06:43:08 -0500 A month ago, a deal left for dead; what changed? Many experts say the deal would more easily win approval under the administration of President Bush than his successor's. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/15/nwa_delta_what_changed?refid=0 Tue, 15 Apr 2008 16:58:21 -0500 About Delta In March, MPR reporter Annie Baxter put together two stories about Delta Airlines; where the airline came from and where CEO Richard Anderson plans to take it. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/15/about_delta?refid=0 Tue, 15 Apr 2008 10:15:45 -0500 Klobuchar hears local support for congressional housing plans Minnesota housing advocates, various Twin Cities area officials, and builder groups say they welcome plans in the U.S. Congress to deal with the national housing crisis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/08/klobuchar_housing?refid=0 Tue, 08 Apr 2008 08:49:33 -0500 Twin Cities home prices drop by 10 percent Home prices in the Twin Cities dipped at a double digit rate in January, according to one of the leading measures of U.S. home prices. It's the latest sign of gloom in the housing market, but some are heralding the price drops. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/25/homeprices?refid=0 Tue, 25 Mar 2008 12:31:18 -0500 Anderson at center of merger decision Delta Air Lines Chief Executive Officer Richard Anderson has to decide what to do now that a merger with Northwest Airlines may be falling apart. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/21/anderson?refid=0 Fri, 21 Mar 2008 16:00:00 -0500 Fed action, stock markets have some investors nervous With a flurry of activity by the Federal Reserve over the weekend and falling stock prices, some investors say they're worried about recent changes in the market, but not everybody is pulling out. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/17/react?refid=0 Mon, 17 Mar 2008 17:25:01 -0500 Delta's ascent Delta Air Lines started as a pioneering crop-dusting operation and grew into one of the world's biggest airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/05/delta_profile?refid=0 Sun, 09 Mar 2008 18:00:00 -0500 Can state government jump-start the economy? DFL State lawmakers are promising a set of initiatives they say will jump-start Minnesota's flagging economy. The state economist says Minnesota is already in a recession. But how grave is a recession, and what can state government really do about it? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/13/economy?refid=0 Thu, 14 Feb 2008 02:00:00 -0600 Star Tribune cutting 58 workers, mostly in circulation The Star Tribune will lay off 58 people, most of them in circulation, as revenue continues to fall faster than expected, Publisher and Chairman Chris Harte wrote in a memo to employees on Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/11/stribcuts?refid=0 Mon, 11 Feb 2008 11:19:53 -0600 Home builders get creative to make sales Twin Cities area home builders are trying to keep their businesses alive while the Builders Association of the Twin Cities reports 2007 was the toughest year in about a decade for the industry. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/04/housingdevelopers?refid=0 Tue, 05 Feb 2008 13:24:15 -0600 What areas of our economy are hurting? Minnesota is seeing big job losses in some of its key industrial sectors. Several of the industries getting hit the hardest have ties to the housing market, and layoffs are on the rise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/31/mndownturn?refid=0 Thu, 31 Jan 2008 15:45:08 -0600 MSP airport financially insulated from merger The Minneapolis-St. Paul International Airport won't fall to pieces, even if Northwest Airlines were to ditch the hub through a merger. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/22/nwa_msp?refid=0 Tue, 22 Jan 2008 17:36:23 -0600 Rep. Oberstar wants to ground NWA merger U.S. Rep. Jim Oberstar, DFL-Minn., says he is strongly opposed to airline industry consolidation. Oberstar is the chair of the House Transportation Committee and says his objections extend to a possible merger between Northwest Airlines and Delta Air Lines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/16/oberstar?refid=0 Wed, 16 Jan 2008 17:55:04 -0600 How might antitrust regulators view a NWA merger? Airline analysts have largely agreed that now is the time for a Delta/Northwest or Delta/United merger. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/15/antitrust?refid=0 Tue, 15 Jan 2008 22:55:55 -0600 How would a NWA/Delta merger affect Minnesota? Merger discussions between Eagan-based Northwest Airlines and Atlanta-based Delta Air Lines appear to be on a fast-track. If the two carriers merge, the combination could crimp parts of Minnesota's economy. That is, if a merger leads to the loss of the Twin Cities hub or Northwest's corporate headquarters -- or both. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/14/nwa_corp?refid=0 Tue, 15 Jan 2008 03:00:00 -0600 Northwest merger rumors are flying The head of Delta Airlines reportedly plans to seek permission from its board Friday to begin merger talks with both Northwest Airlines and United Airlines. A Wall Street Journal article cites unnamed sources close to the matter, saying Atlanta-based Delta would then choose between the two carriers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/10/nwadelta?refid=0 Thu, 10 Jan 2008 15:04:38 -0600 Have your shampoo and eat it, too Horst Rechelbacher wants you to be able to eat your shampoo. That is the idea behind a new personal product line he is launching this spring through his Minneapolis-based company, Intelligent Nutrients. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/09/horst?refid=0 Wed, 09 Jan 2008 16:20:14 -0600 McGuire appeals freeze on stock options Lawyers for UnitedHealth Group's former CEO Bill McGuire are appealing a court ruling that keeps McGuire's stock options frozen. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/07/maguireappeal?refid=0 Mon, 07 Jan 2008 15:08:36 -0600 Do Aveda products live up to their reputation for purity? Minneapolis-based Aveda is heading into its 30th year. And the company does so as the leader of the North American market for natural and organic beauty products. But some critics think Aveda is falling short of its reputation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/20/aveda?refid=0 Thu, 03 Jan 2008 03:00:00 -0600 Federal judge keeps freeze on McGuire stock options A federal judge has ruled that former UnitedHealth Group Inc. CEO William McGuire's stock options will remain frozen for now. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/27/stockoptions?refid=0 Thu, 27 Dec 2007 08:00:00 -0600 Former ICE agent joins firm known for defending immigrants Former Immigration and Customs Enforcement agent Mark Cangemi is settling into his new career path. He has taken a job with a former adversary. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/20/cangemi?refid=0 Mon, 24 Dec 2007 03:00:00 -0600 Judge extends freeze on McGuire's stock options A federal judge has extended a freeze on former UnitedHealth CEO Bill McGuire's stock options. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/13/mcguire?refid=0 Thu, 13 Dec 2007 00:35:00 -0600 Medtronic must pay $226 million fine A federal judge is ordering Fridley-based Medtronic to pay a $226 million patent infringement award to rival Johnson & Johnson. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/11/medtronicfine?refid=0 Tue, 11 Dec 2007 14:35:23 -0600 McGuire settlement not seen as surprising Former UnitedHealth chief William McGuire will give back more than $400 million in tainted stock options. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/06/unitedhealthsettles?refid=0 Fri, 07 Dec 2007 08:17:00 -0600 McGuire gives up more than $400 million to settle with UnitedHealth Former UnitedHealth chief William McGuire has agreed to surrender more than $400 million to settle a lawsuit related to a stock-options backdating scandal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/07/mcquire_settlement?refid=0 Thu, 06 Dec 2007 13:00:00 -0600 Judge keeps stock options frozen for former UnitedHealth CEO A federal judge in Minneapolis has extended an order freezing former UnitedHealth Group CEO William McGuire's retirement pay and unexercised stock options. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/30/mcguireoptions?refid=0 Fri, 30 Nov 2007 12:00:38 -0600 Did Medtronic act quickly enough on recall? Medical device maker Medtronic said Monday its second quarter profits dipped 2 percent after it recalled defibrillator leads. Leads are wires that connect an implantable defibrillator to a patient's heart. Some say the company waited too long to take action. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/19/medtronicearns?refid=0 Mon, 19 Nov 2007 23:21:23 -0600 Ford workers wonder if it's really lights out in '09 United Auto Workers union members at Ford's plant in St. Paul have ratified a new contract that keeps the plant open a year beyond its previously scheduled shutdown. Some local union members wonder if there could be life even beyond the new shutdown date. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/13/fordplantvote?refid=0 Tue, 13 Nov 2007 07:16:50 -0600 Boston Scientific begins cutting jobs locally Job cuts announced a few weeks ago by Massachusetts-based Boston Scientific have begun hitting the company's Maple Grove stent facility. Monday night and Tuesday, employees got word they were being laid off. One source says more than 300 jobs have been cut in Maple Grove. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/06/bostonscijobs?refid=0 Tue, 06 Nov 2007 12:39:35 -0600 Totino's, Jeno's frozen pizzas recalled for possible E. coli Golden Valley-based General Mills is recalling Totino's and Jeno's frozen pizzas with pepperoni toppings because the pepperoni may be contaminated with E. coli. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/01/pizzarecall?refid=0 Thu, 01 Nov 2007 14:38:44 -0500 Sending work to India -- the pros and cons Business interest in offshore outsourcing remains strong, especially to low labor cost countries like India. Some delegates on Gov. Pawlenty's trade mission to India will be considering outsourcing to the subcontinent as part of their business plan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/12/outsourcing?refid=0 Mon, 22 Oct 2007 16:30:01 -0500 Medtronic stops selling heart device Medtronic has suspended distribution of its Sprint Fidelis defibrillation leads, after identifying five patient deaths in which a lead fracture may have been a contributing factor. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/15/medtronic_heartdevice?refid=0 Mon, 15 Oct 2007 07:59:42 -0500 Mpls law firm blocked turmeric patent, curried favor in India A number of Minnesota companies are in India this week, trying to forge new business connections during Gov. Pawlenty's trade mission there. One Minneapolis-based law firm in the delegation already has a strong foothold on the subcontinent. Merchant & Gould helped overturn a U.S. patent on an ancient Indian herbal medicine. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/12/turmeric_patent?refid=0 Fri, 12 Oct 2007 17:00:33 -0500 Hungry for workers, harvest crews look to the other side of the globe Farm employers can't get enough people to show up for work. That's true for custom harvest crews, who do about one-fourth of the nation's grain harvesting work. Many crews are looking halfway across the globe for help. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/27/foreign_farmers?refid=0 Thu, 04 Oct 2007 18:00:32 -0500 MPR's parent buys radio station in Miami American Public Media Group has purchased WMCU, a Christian station that broadcasts in Miami-Dade and Broward counties in Florida. The new station will broadcast classical music. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/25/miamipurchase?refid=0 Tue, 25 Sep 2007 12:00:24 -0500 General Mills changes leadership General Mills' CEO Steve Sanger is stepping down from that post immediately, and the company promoted president and COO Ken Powell to replace him. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/24/genmillsceo?refid=0 Mon, 24 Sep 2007 18:00:00 -0500 A summer of discontent for airline passengers Did your summer air travel take a lot longer than you planned? The head of the Federal Aviation Administration says this has been one of the worst summers on record -- total delays are up 19 percent from where they were last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/30/nwa_cancels?refid=0 Fri, 31 Aug 2007 17:00:52 -0500 How much does it cost when a bridge goes down? If you've had to take a detour because of the I-35W bridge collapse, chances are you've been burning extra gas -- and time. The state estimates the cost of those delays and detours adds up to about $400,000 a day. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/23/bridge_cost?refid=0 Thu, 23 Aug 2007 16:30:28 -0500 UnitedHealth Group loses two top execs, one to Delta Airlines, one to Piper Jaffray UnitedHealth Group, the giant Minnetonka-based health insurer, is losing two high-profile executives. Both departures come as something of a surprise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/21/anderson_quam?refid=0 Wed, 22 Aug 2007 05:05:35 -0500 Fallen bridge takes toll on some nearby businesses Businesses near the collapsed I-35W bridge in Minneapolis are experiencing a mixed bag of effects from the rerouting of traffic in the area. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/15/35w_biz?refid=0 Wed, 15 Aug 2007 17:33:07 -0500 House committee gets earful about predatory lending The Chair of the U.S. House Committee on Financial Services has plenty of Twin Cities' stories to pour over when he drafts legislation aimed at curbing predatory lending and foreclosures. Rep. Barney Frank, D-Mass., held a hearing on the issue Thursday night in Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/09/lending?refid=0 Fri, 10 Aug 2007 09:11:21 -0500 Julia Blackhawk Julia Blackhawk is described by her uncle as a kind person who showed respect for her elders -- and who had a beautiful smile. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/08/blackhawkobit?refid=0 Wed, 08 Aug 2007 11:25:31 -0500 Artemio Trinidad-Mena Artemio Trinidad-Mena was known as a jokester who somehow never offended people, and as the ultimate keep-the-customer-happy kind of employee at the grocery store where he worked. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/08/artemioobit?refid=0 Wed, 08 Aug 2007 10:52:48 -0500 Advancements help speed bridge rebuild Improvements in materials and technology will help expedite replacement of the I-35W bridge. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/07/bridge_rebuild?refid=0 Tue, 07 Aug 2007 22:03:45 -0500 Peter Hausmann Peter Hausmann was a computer security specialist worked at Assurity River Group in St. Paul. The company's president says Hausmann was a quiet leader and a man of faith. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/07/hausmannobit?refid=0 Tue, 07 Aug 2007 16:44:50 -0500 Survivors, witnesses tell of escapes, rescues at bridge collapse Quick response by fire and police crews, and passersby, helped keep the death toll down. For many, their safety was a matter of luck. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/02/survivors?refid=0 Thu, 02 Aug 2007 03:23:41 -0500 Northwest boss apologizes for airline's performance Northwest Airlines CEO Doug Steenland promises greater reliability in August. At the end of June and July, Northwest cancelled hundreds of flights. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/01/steenlandapology?refid=0 Wed, 01 Aug 2007 15:58:43 -0500 Northwest reports profit Just two months after emerging from bankruptcy, Northwest Airlines is reporting a $273 million pre-tax profit for its second quarter. That's up 53 percent from the same period last year. But even as Northwest touted the financial results, airline officials called recent spikes in flight cancellations unacceptable. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/31/nwaearnings?refid=0 Tue, 31 Jul 2007 09:31:51 -0500 Landowners appeal oil pipeline approval A group of landowners and the Minnesota Public Interest Research Group, or MPIRG, have appealed a decision to permit a new crude oil pipeline across Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/20/pipelineappeal?refid=0 Fri, 20 Jul 2007 15:23:17 -0500 MPR parent looks to expand east The parent organization of Minnesota Public Radio is in talks to buy a radio station serving Washington, D.C. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/18/wgts?refid=0 Wed, 18 Jul 2007 12:13:28 -0500 More drama at both Twin Cities' newspapers The St. Paul Pioneer Press announced another round of buyouts, just seven months after its last round. And at the Star Tribune in Minneapolis, union members voted overwhelmingly in favor of asking publisher Par Ridder to step down. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/17/ridder?refid=0 Tue, 17 Jul 2007 21:24:16 -0500 Housing market lukewarm The Twin Cities metro area housing market continues to run lukewarm, according to new figures from the St. Paul Area Association of Realtors, which assessed the real estate market in the 13-county metro area. But by many accounts, the situation is not devastating for the local real estate market or the local economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/11/home_sales?refid=0 Wed, 11 Jul 2007 18:29:17 -0500 Traffic will be light today - but heavy at weekend Commuters may see less traffic on the roads the rest of the work week, but weekend travelers could get slammed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/05/trafficweekend?refid=0 Thu, 05 Jul 2007 02:59:07 -0500 Ruling in complex newspaper lawsuit weeks away A Ramsey County judge says he won't rule anytime soon on a legal battle involving the Twin Cities' two biggest newspapers. Testimony wrapped up Wednesday in the Pioneer Press's lawsuit against the Star Tribune. The questions Judge David Higgs has to decide are complex. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/27/stribhearing?refid=0 Thu, 28 Jun 2007 00:00:15 -0500 Proposed change in bankruptcy law could thwart foreclosures Given opposition from as powerful a lobbying group as the American Bankers Association, it's unclear how far the proposed changes to bankruptcy law will advance. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/20/proposed_change_in_bankruptcy_law_could_thwart__foreclosures?refid=0 Wed, 20 Jun 2007 16:30:35 -0500 As foreclosures mount, more people are considering bankruptcy Bankruptcy is a long shot. A lot of people are ending up in the double bind of foreclosure and bankruptcy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/15/foreclosure1?refid=0 Mon, 18 Jun 2007 15:00:23 -0500 Newspaper cuts show increasing power of online alternatives As newspapers around the country shrink their news staffs, some former print reporters are joining the enemy and going online. Two Star Tribune writers who have accepted buy-outs are moving to online journalistic ventures. And a former Star Tribune publisher is considering launching a daily online news site. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/05/stribbuyouts?refid=0 Wed, 06 Jun 2007 17:30:00 -0500 Building under construction collapses in Maple Grove The third floor of a corporate headquarters under construction collapsed as workers were pouring concrete Friday, trapping one of them and injuring several others. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/01/bldcollapse?refid=0 Fri, 01 Jun 2007 10:56:48 -0500 Cheery Steenland sees better service, planes, labor relations at NWA Northwest Airlines' president and chief executive officer, Doug Steenland, says the airline is poised for success now that it's out of bankruptcy. Steenland trumpeted the airline's improved finances and its plans to improve customer service at a news conference Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/31/nwa_emerges?refid=0 Fri, 01 Jun 2007 00:00:00 -0500 Northwest Airlines: As fixed as it can get? Northwest Airlines has fixed the cost issues that pushed it into bankruptcy in the first place. Some observers point to serious challenges ahead. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/31/nwafix?refid=0 Thu, 31 May 2007 13:00:00 -0500 Foreign operating corporation taxes at heart of tax bill agreement Foreign operating corporation taxes were at the heart of an agreement at the Capitol between DFL legislators and Gov. Pawlenty. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/21/foc?refid=0 Mon, 21 May 2007 18:04:57 -0500 Northwest to exit bankruptcy, but its workers are still unhappy In the two years it's been under bankruptcy proceedings, Northwest has shed jobs and planes, and its operations have been making a profit lately. Many observers praise Northwest's focused approach to its bankruptcy process. But Northwest workers say they sacrificed more than they should have. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/18/nwabankruptcy?refid=0 Fri, 18 May 2007 10:49:01 -0500 Foreclosed properties aren't necessarily a steal Homes that have been foreclosed on often sell for a lot less than they're worth. But that doesn't mean they're a steal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/15/sellingforeclosures?refid=0 Wed, 16 May 2007 06:00:00 -0500 More cutbacks at Star Tribune The newspaper will slice 145 jobs from its staff of 2,100. About 50 of those jobs will be taken from the paper's newsroom. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/07/strib?refid=0 Mon, 07 May 2007 16:02:33 -0500 Corn crunch puts the squeeze on conservation program The nation's growing interest in ethanol as an alternative to gasoline is fueling a spike in the price of corn. That's helping corn farmers, but pinching others who rely on low corn prices, such as exporters and livestock producers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/04/17/crp?refid=0 Wed, 02 May 2007 00:00:00 -0500 Targets of tax increase have mixed reactions The Minnesota Senate has passed a bill that would raise taxes on the state's wealthiest residents in order to pump more money into education. The well-off taxpayers are not of one mind on the issue. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/04/04/taxreax?refid=0 Wed, 04 Apr 2007 16:27:01 -0500 Pork-handling objections are small scale and seldom public Islam forbids eating and selling pork, but does that bar a Muslim cashier from scanning a customer's package of bacon? Several Muslim leaders say a few cashiers' objections do not signal a growing problem. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/22/muslimfollow?refid=0 Tue, 03 Apr 2007 12:00:00 -0500 "Maxed Out" -- why we spend too much In his new documentary, "Maxed Out," filmmaker James Scurlock offers a look into the American tendency to spend beyond our means. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/15/maxedout?refid=0 Thu, 15 Mar 2007 16:00:00 -0500 Two-dozen employees grab Star Tribune buyout The Star Tribune began saying goodbye to 24 newsroom employees on Wednesday. The workers have chosen to take a buyout offer from the paper; Friday will be the last day on the job for many. It's unclear whether the paper's new owner will want even more staff reductions in the future. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/14/strib?refid=0 Wed, 14 Mar 2007 16:31:44 -0500 Star Tribune hires publisher away from rival St. Paul Pioneer Press The Star Tribune hired Par Ridder away from the Pioneer Press on the same day the Minneapolis paper's sale to Avista Capital Partners closed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/05/stribpublisher?refid=0 Mon, 05 Mar 2007 14:07:57 -0600 False documents: A lucrative business It's been nearly three months since federal immigration raids at six Swift meatpacking plants, including one in Worthington. The raids targeted workers using fake work papers to secure employment. There's little evidence to suggest the raid has had any effect on either the supply or demand for fake and stolen documents. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/22/fakeids?refid=0 Wed, 28 Feb 2007 03:00:00 -0600 How to buy false documents A Flash presentation on how false documents are bought and sold in the Twin Cities. http://minnesota.publicradio.org/features/2007/02/27_fakedocs/?refid=0 Tue, 27 Feb 2007 19:09:39 -0600 A preschool that meets basic needs Lifetrack Resources runs two St. Paul preschools for toddlers. The program's 65 children come from low-income households. Some early education researchers question how much it can do to combat the intractable problems at-risk preschoolers face. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/02/16/daycare?refid=0 Tue, 20 Feb 2007 03:00:00 -0600 Twins sign Mauer through 2010 The Minnesota Twins have signed allstar catcher Joe Mauer to a $33 million contract that will keep him playing in his hometown through 2010. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/02/11/mauer_signs?refid=0 Sun, 11 Feb 2007 20:45:11 -0600 Thomson plans 2,000-job expansion; asks for millions in tax breaks The Thomson Corporation released a plan on Wednesday for a $100 million expansion of facilities at its Thomson West campus in Eagan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/24/thomsonexpansion?refid=0 Wed, 24 Jan 2007 14:03:41 -0600 Timberwolves fire Casey after four straight losses Dwane Casey lasted less than 1½ seasons in Minnesota in his first head coaching job, unable to solve the Timberwolves' inconsistencies and thrust them back into the thick of the competitive Western Conference. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/23/twolves?refid=0 Tue, 23 Jan 2007 18:48:27 -0600 Your partner is just "a click away," but that might be farther than you think The Internet is allowing us to connect to people on the other side of the world, who we never thought we'd meet. But how does it affect our most intimate connections? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/16/digital_interference?refid=0 Thu, 18 Jan 2007 15:08:13 -0600 WSJ: Northwest talking deal with Delta The revelation from the Wall Street Journal came on the day when US Airways increased its offer in a hostile takeover bid for the Atlanta-based Delta Airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/10/nwadelta?refid=0 Wed, 10 Jan 2007 14:14:27 -0600 Minneapolis theater rides Disney's wave The phenomenal success of a Disney Channel movie called "High School Musical" may be duplicated on the stage--if the reception at its Minneapolis premiere is any indication. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/08/highschoolmusical?refid=0 Mon, 08 Jan 2007 08:00:00 -0600 Northwest Airlines reaches deal to buy Mesaba, whose parent company has yet to sign on Northwest Airlines says it has worked out a deal to buy its bankrupt feeder carrier Mesaba Airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/04/nwamesaba2?refid=0 Fri, 05 Jan 2007 06:50:00 -0600 Glen Mason fired as Gopher football coach Minnesota fired coach Glen Mason on Sunday, two days after the Gophers blew a 31-point third quarter lead against Texas Tech and exactly one year after signing a four-year contract extension. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/31/masonfired?refid=0 Sun, 31 Dec 2006 15:58:04 -0600 McClatchy selling Star Tribune For the second time this year, a Twin Cities daily newspaper is changing hands. This time, the McClatchy Corporation is selling the Star Tribune to a private equity firm called Avista Capital Partners. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/26/strib?refid=0 Tue, 26 Dec 2006 16:27:56 -0600 Taco John's tries to minimize fallout from E. coli contamination The head of Taco John's sought to assure the public Tuesday that the food served in its restaurants are safe after E. coli contamination sickend dozens of people. We take a look at how well the company is handling the situation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/19/tacojohns?refid=0 Tue, 19 Dec 2006 16:00:00 -0600 Weak dollar draws foreign "power shoppers" to the Mall of America Holiday shopping at the Mall of America might be a smidge more crowded than in the past couple of years. Mall officials says they're finishing the year with 500,000 more international visitors than usual. It's due in part to a weak dollar, but it's also a sign that tourism is picking back up after post-9/11 declines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/18/foreignshoppers?refid=0 Mon, 18 Dec 2006 17:59:33 -0600 Ham Lake parents are told school buses are safe Eighteen kids were injured in a Ham Lake school bus collision last week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/15/hamlakeparents?refid=0 Fri, 15 Dec 2006 06:48:14 -0600 Best Buy's newest product -- worker satisfaction Turnover is down, and productivity is soaring, even though some workers may never get out of their pajamas. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/08/culturerx?refid=0 Mon, 11 Dec 2006 01:00:00 -0600 St. Paul Travelers: a Minnesota company with an East Coast brain Some of the insurance company's moves in the past year or so have prompted questions about its commitment to keeping the headquarters in St. Paul. The company is adamant that it's not going anywhere. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/08/09/sta_leaving?refid=0 Wed, 22 Nov 2006 06:00:00 -0600 New mag tries to connect minority business owners The publication, called Business Nation, launched in September. The magazine's founders say they're catering to the Twin Cities large number of entrepreneurs of color. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/08/31/bizmag?refid=0 Tue, 14 Nov 2006 17:00:00 -0600 Churches tie environment and faith A growing number of Christian leaders in Minnesota and around the nation want their congregations to view changing a light bulb as an act of faith. They're telling their flocks to reduce their environmental footprint by using energy efficient lightbulbs, making use of wind generated power, driving less and walking more. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/29/greencatholics?refid=0 Sun, 29 Oct 2006 23:41:22 -0600 UnitedHealth Group's profits give investors something to cheer Minnetonka-based UnitedHealth Group Inc., the nation's second-largest health insurer, said its third-quarter earnings rose almost 38 percent on growth across its businesses. Even so, the company's incoming CEO is apologizing for the company's stock option problems. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/19/unhearns?refid=0 Thu, 19 Oct 2006 17:45:18 -0500 UnitedHealth report unearths more than just backdating problems A report, produced by an outside law firm hired by UnitedHealth, says many of the company's stock option grants were likely backdated. But analysts say that's just one of the potential problems the report found. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/17/mcguirefolo?refid=0 Wed, 18 Oct 2006 14:47:00 -0500 McGuire out at UnitedHealth amid options scandal McGuire has been under pressure since The Wall Street Journal reported in March that he received stock options on the days the company's stock price hit yearly lows in 1997, 1999, and 2000. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/15/unh?refid=0 Sun, 15 Oct 2006 16:52:25 -0500 Confusion in the driver's seat on transportation initiative A brief informal survey shows many people have no idea how they'll vote on the transportation question on November's ballot. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/09/mvestvox?refid=0 Mon, 09 Oct 2006 06:06:39 -0500 Suburban health club wants you fit and green Lately, the word "environmentalism" is popping up a surprising amount in the world of business. In suburban White Bear Lake, one fitness club has even changed its business goals to include improving the health of the planet. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/09/24/greeracquets?refid=0 Sun, 24 Sep 2006 15:26:47 -0500 Child dies as storms rake northern Twin Cities suburbs The National Weather Service determined that the storm was an F2 tornado, meaning it had winds of 113-157 mph. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/09/17/storms?refid=0 Sun, 17 Sep 2006 08:30:53 -0500 9-11's changes for business: for the better? In the five years since 9-11, a number of industries have ramped up their security measures. But some local companies question the value of the measures they have to take. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/09/07/911biz?refid=0 Mon, 11 Sep 2006 12:00:00 -0500 Legal limbo leaves uncertainties over strike strategy A judge has barred the Northwest Airlines flight attendants' union from calling the sporadic work actions it has said it planned to conduct, citing the potential of irreparable harm to the bankrupt airline. But there's little agreement over how much harm the so-called "CHAOS" strikes could cause. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/08/27/strikeanalysis?refid=0 Sun, 27 Aug 2006 20:28:11 -0500 A year after mechanics went on strike, a trail of contradictions It's been a year since 4,000 Northwest mechanics and cleaners declared a strike. They still haven't declared an end to their walkout, even though their jobs have been filled by replacement workers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/08/09/amfaanniversary?refid=0 Fri, 18 Aug 2006 05:00:00 -0500 Some flight attendants wonder whether job is worth it A court hearing this Wednesday will decide whether Northwest Airline's flight attendants can strike, after the union's rank and file voted down two contract offers. The legal wrangling is just a short-term question for many flight attendants, who say the bigger dilemma is whether it's worth it to stay in the profession at all. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/08/03/nwaflightattendants?refid=0 Mon, 07 Aug 2006 00:00:01 -0500 Twins ponder whether to trade or stand pat The Minnesota Twins have been on a hot streak lately, but just dropped two out of three games to the Detroit Tigers over the weekend. The Twins are at the point where they need to decide whether to make a last-minute trade to improve their playoff hopes, or leave well enough alone. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/07/30/twinstalk?refid=0 Sun, 30 Jul 2006 22:15:59 -0500 Minnesotans worry about Middle East conflict The conflict in the Middle East has many Minnesota residents with ties to that part of the world struggling to make sense of the situation. Jews and Lebanese-Americans in the Twin Cities are worried about friends and family who could get caught in the path of the fighting. And they're also trying to figure out what they, as Minnesotans, can do to help. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/07/20/isrealreax?refid=0 Thu, 20 Jul 2006 07:00:00 -0500 Megabus -- you get what you pay for? Scrounge around under your couch cushions for money and you just might come up with enough change for a trip to Chicago. A new bus service is touting fares from the Twin Cities for as little as $1. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/06/01/megabus?refid=0 Sun, 02 Jul 2006 16:00:00 -0500 Minnesota has a wine industry. Who knew? Drive through certain parts of eastern Minnesota this summer, and you just might feel like you're in Napa Valley. At least some businesses in the area are hoping you get that impression. Six Minnesota wineries are trying to garner attention by linking together in a wine trail. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/06/13/mnwine?refid=0 Sun, 25 Jun 2006 21:00:00 -0500 The "i" word debated A forum sponsored by Minnesota Public Radio and the Minnesota News Council on Tuesday evening looked at the stakes of the media's representation of immigration issues. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/06/21/iword?refid=0 Wed, 21 Jun 2006 05:29:45 -0500 Debating the 'i' word The national debate on immigration policy has loomed large in media coverage in recent months. It turns out the way the media reports on those debates can be as contentious as the immigration policy in question. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/06/20/immigrationforum?refid=0 Wed, 21 Jun 2006 05:00:00 -0500 Low-skill adults train for new opportunities in manufacturing Minnesota manufacturing companies, after some years of downsizing, are now hungry for workers with advanced technical skills. A training program at Hennepin Technical College is trying to address the skill shortage. The program starts with low income adults, who are short on skills themselves. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/05/17/manufacturingschool?refid=0 Mon, 29 May 2006 14:00:40 -0500 Car sharing is gaining speed in the Twin Cities With gas prices creeping towards $3 per gallon, some car owners might feel like ditching their cars altogether. A couple of businesses in the Twin Cities are hoping you might indeed consider that option, and rent one of their cars instead -- even if it's only for half an hour. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/05/30/hourlycars?refid=0 Mon, 29 May 2006 01:00:00 -0500 NWA retirees fear for benefits in bankruptcy Northwest Airlines retirees are gearing up for a fight with their former employer over medical benefits. A retiree committee is slated to meet the airline in bankruptcy court sometime during the week of May 15 for hearings. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/05/05/nwaretirees?refid=0 Sun, 07 May 2006 22:00:00 -0500 Northwest pilots approve pay-cut deal Northwest Airlines Corp. pilots approved a package of deep pay cuts and other concessions that the bankrupt carrier said it needs to reorganize. About 63 percent of Northwest's 4,800 pilots voted to approve the pact. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/05/03/nwapilotsdeal?refid=0 Wed, 03 May 2006 11:01:23 -0500 Singleton brings message of optimism to Pioneer Press staff St. Paul Pioneer Press staff met their new boss Thursday. Dean Singleton, head of the Denver based MediaNews Group, is buying the paper from the McClatchy Co. Singleton has a reputation as a tough businessman who doesn't like to spend a lot, but he did his best to dispel some of those worries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/04/28/singletonvisits?refid=0 Fri, 28 Apr 2006 07:00:00 -0500 Mobile homes, a low-cost housing option, are getting squeezed out A rash of mobile home park closings in the Twin Cities metro area is leading mobile home advocates to worry about this form of low-income housing. Cities say the land on which the parks sit can be used more profitably for redevelopment. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/04/26/trailerparks?refid=0 Thu, 27 Apr 2006 16:30:00 -0500 Fifth District congressional candidates hold first debate When Rep. Martin Sabo announced his retirement last month, about a dozen DFL candidates started lining up to replace him. They range from a Dairy Queen owner to a university professor. At a forum on Sunday, they touted their political chops. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/04/23/5distdebate?refid=0 Sun, 23 Apr 2006 23:42:05 -0500 Ford confirms shutdown of St. Paul plant Ford Motor Co. has confirmed its plans to close its assembly plant in St. Paul in 2008. Officials from the United Auto Workers first announced the news was coming earlier in the day. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/04/13/fordclosure?refid=0 Thu, 13 Apr 2006 09:44:05 -0500 Thousands of immigrants march for rights An estimated 30,000 immigrants and their supporters massed outside the Capitol on Sunday afternoon to call for legal rights. Nationwide demonstrations are expected to continue on Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/04/09/immigration?refid=0 Sun, 09 Apr 2006 22:25:00 -0500 Aging boomers face high cost of individual health insurance Americans who aren't insured through an employer pay a bundle for health care coverage. The costs can go up precipitously for those between the ages of 50 and 64. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/02/28/boomerhealth?refid=0 Sun, 26 Mar 2006 15:00:00 -0600 Minnesotans reflect on three year anniversary of Iraq war Minnesotans share their thoughts about the continued U.S. presence in Iraq. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/03/19/iraq_opinions?refid=0 Mon, 20 Mar 2006 07:00:00 -0600 "Most importantly, Kirby loved us all" About 15,000 people filled the Metrodome on Sunday night to wish Kirby Puckett farewell. The former Minnesota Twins player died unexpectedly last week of a stroke. The Twins honored him with a public memorial, where former team players, coaches, and rivals paid tribute to what many called Puckett's "infectious laugh" and generous spirit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/03/10/puckett_memorial?refid=0 Sun, 12 Mar 2006 21:00:00 -0600 Some Northwest Airlines ground workers reject pay-cut contract The ground workers union at Northwest Airlines has delivered a split vote on the company's contract proposal. The union's clerical and customer service workers voted in favor of the bankrupt airline's cost-cutting proposal. But baggage handlers and stock clerks rejected the contract. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/03/07/nwagroundworkers?refid=0 Tue, 07 Mar 2006 16:10:06 -0600 NWA and flight attendants hit tough compromises Northwest's deal with its flight attendants may signal the end of one episode in the two sides' arduous negotiations, but it doesn't mean the hard work is over. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/03/01/flight_attendants?refid=0 Wed, 01 Mar 2006 23:53:33 -0600 Minneapolis rally protests cartoons, violence The worldwide uproar over cartoons featuring the prophet Mohammed is being felt in the Twin Cities. Almost 1,000 people rallied in Minneapolis on Sunday to express indignation over the cartoons, which were first published in Denmark. But the local rally also aimed to send a message condemning violent reactions to the cartoons, which have shaken the Muslim world and even left some people dead. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/02/20/rally?refid=0 Mon, 20 Feb 2006 08:25:34 -0600 Wilf presents stadium plan to Blaine officials Minnesota Vikings owner Zygi Wilf fleshed out details of his proposal for a new $1 billion sports and retail complex Thursday night in Blaine. Wilf faces opposition from critics and some key state lawmakers, but that's not stopping him from thinking big. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/02/17/vikingsplan?refid=0 Fri, 17 Feb 2006 09:58:19 -0600 Lack of details on health care in Bush speech disappoints Reports leading up to the State of the Union speech suggested the president would spotlight health savings accounts. But he only brushed over HSAs in his speech last night. And that left experts and business owners wanting more. http://news.minnesota.publicradio.org/features/2006/02/01_baxtera_stateofunion/?refid=0 Wed, 01 Feb 2006 07:00:00 -0600 Abortion opponents rally at Capitol Rallies took place all over the country on Sunday to mark the 33rd anniversary of the landmark Roe v. Wade court decision legalizing abortion. http://news.minnesota.publicradio.org/features/2006/01/23_baxtera_frwnj/?refid=0 Mon, 23 Jan 2006 08:17:00 -0600 Prescription for Change Companies are creating a host of ways to shift the cost of health care while encouraging employees to live healthy lifestyles. http://news.minnesota.publicradio.org/projects/2006/01/healthcare/?refid=0 Mon, 23 Jan 2006 00:01:00 -0600 Minnesotans learn the language of health care Some say consumer driven health care is a new way of managing medical care that puts consumers in the driver's seat. Others say it's a clever way of disguising how health care costs are slowly shifting from companies to their employees. How are Minnesotans experiencing this phenomenon? http://news.minnesota.publicradio.org/features/2006/01/23_baxtera_conresp/?refid=0 Mon, 23 Jan 2006 00:01:00 -0600 The consumer's stake in showdown between unions, NWA Northwest insists customers won't see any immediate effects from the company's ongoing contract negotiations with its other unions or its appearance before a bankruptcy judge. http://news.minnesota.publicradio.org/features/2006/01/18_baxtera_nwaconsumer/?refid=0 Fri, 20 Jan 2006 17:00:00 -0600 Women's issues at fore of DFL gubernatorial forum Issues of particular concern to women dominated the latest DFL gubernatorial forum, sponsored by the DFL Feminist Caucus on Sunday. http://news.minnesota.publicradio.org/features/2006/01/16_baxtera_dflfemiguv/?refid=0 Mon, 16 Jan 2006 03:00:00 -0600 Guidant accepts richer offer from Johnson & Johnson Johnson & Johnson sweetened its offer to buy medical device maker Guidant Corp., whose cardiac rhythm management unit is based in Arden Hills, and Guidant has accepted. There has been some seesawing back and forth between the companies over the potential acquisition. http://news.minnesota.publicradio.org/features/2005/01/12_baxtera_guidant/?refid=0 Thu, 12 Jan 2006 05:00:00 -0600 Can NWA's unions strike? NWA's unions say they'll strike if a bankruptcy judge imposes new contract terms on them. But legal experts disagree on whether the unions have the right to strike. http://news.minnesota.publicradio.org/features/2006/01/15_baxtera_laborleverage/?refid=0 Tue, 10 Jan 2006 09:00:00 -0600 Powell: A Palestinian state is a necessity Former Secretary of State Colin Powell was in the Twin Cities area on Sunday night to deliver a lecture ar the Beth El synagogue in St. Louis Park. Powell presented his views on a host of foreign policy issues. And he offered some timely ruminations on the Israeli-Palestinian conflict. http://news.minnesota.publicradio.org/features/2005/01/09_baxtera_powell/?refid=0 Mon, 09 Jan 2006 08:39:00 -0600 Judge torpedoes cigarette tax A Ramsey County judge has struck down Minnesota's new 75-cent-per-pack charge on cigarettes, potentially punching a big hole in the state budget. http://news.minnesota.publicradio.org/features/2005/12/20_mccalluml_cigtax/?refid=0 Wed, 21 Dec 2005 08:08:00 -0600 Can the big box capture the indie record market? Richfield-based Best Buy says it wants to "bring the local record store feel into the big box." It's trying to make that happen by partnering with an iconic online independent music distributor called CD Baby. http://news.minnesota.publicradio.org/features/2005/12/07_baxtera_cdbaby/?refid=0 Tue, 13 Dec 2005 18:00:00 -0600 Northwest mechanics to vote on deal that would end strike Striking Northwest Airlines mechanics say they'll vote on a deal that would end their walkout. The deal would mean strikers are laid off, but they wouldn't get their jobs back. http://news.minnesota.publicradio.org/features/2005/12/12_baxtera_nwa/?refid=0 Mon, 12 Dec 2005 17:12:00 -0600 Military families seek support Since Thanksgiving, four Marines from the region have been killed in Iraq. Three of them died in a deadly explosion near Fallujah last Thursday. With the recent spike in deaths and the holidays approaching, it can be especially important for families of military members to find support, and they seek it in a variety of ways. http://news.minnesota.publicradio.org/features/2005/12/05_baxtera_militaryfamilies/?refid=0 Mon, 05 Dec 2005 11:15:00 -0600 Walesa calls for freer markets; chides U.S. on helping poor countries Lech Walesa, who was the leader of the trade union Solidarity movement in Poland during communist rule, is in Minnesota this week talking about free markets. He spoke Tuesday night at a dinner held in his honor in Minneapolis. http://news.minnesota.publicradio.org/features/2005/11/30_baxtera_walesa/?refid=0 Wed, 30 Nov 2005 05:00:00 -0600 Minnesota's eager for Chinese investment Some international trade experts are saying Gov. Tim Pawlenty's recent trade mission to China should help pave a two-way street. The trip concluded last week with talk of a possible visit by a Chinese delegation to Minnesota. Such a visit could give Chinese investors a better idea of what the state has to offer them. http://news.minnesota.publicradio.org/features/2005/11/21_baxtera_chasingyuan/?refid=0 Mon, 21 Nov 2005 14:30:00 -0600 Northwest operated safely, FAA says The Federal Aviation Administration says Northwest Airlines operated safely in the early days of the mechanics' union strike that began in August. http://news.minnesota.publicradio.org/features/2005/11/17_baxtera_nwa/?refid=0 Thu, 17 Nov 2005 08:28:00 -0600 Friends remember a fallen soldier As the nation honors its veterans on Friday, friends of Army specialist Ben Smith, 21, killed in Iraq last week, mourn his loss. http://news.minnesota.publicradio.org/features/2005/11/09_baxtera_smithobit/?refid=0 Thu, 10 Nov 2005 19:30:00 -0600 Trial observers question court and media 'biases' in Vang trial The role of race in Chai Soua Vang's triall dominates the observations of a Twin Cities-based community group. The group says Vang's racial background received scant attention during his proceedings and unduly close attention in media accounts. http://news.minnesota.publicradio.org/features/2005/11/03_baxtera_hmongcourtreax/?refid=0 Thu, 03 Nov 2005 07:09:00 -0600 Win over Packers lifts cloud over Vikings... for now On Sunday the Minnesota Vikings beat their archrivals, the Green Bay Packers 23-20, and lifted the cloud caused by the team's last two dismal performances, and the allegations that some Vikings players engaged in lewd behavior aboard charter boats on Lake Minnetonka. http://news.minnesota.publicradio.org/features/2005/10/24_baxtera_vikes/?refid=0 Sun, 23 Oct 2005 20:11:00 -0500 Bankruptcy rush precedes new law Critics say the law will make it extremely difficult for individuals to get out from under their debt. Proponents say the new restrictions protect against abuse of bankruptcy. http://news.minnesota.publicradio.org/features/2005/10/13_baxtera_bankruptcy/?refid=0 Thu, 13 Oct 2005 16:37:00 -0500 Twin Cities dailies seek new readers The Twin Cities two major dailies are trying to maintain their vitality in an increasingly crowded media landscape. http://news.minnesota.publicradio.org/features/2005/10/07_baxtera_newspapers/?refid=0 Mon, 10 Oct 2005 07:48:00 -0500 Wetterling launches Senate bid Patty Wetterling ran an unsuccessful campaign for the Minnesota 6th District House seat last year against Republican Mark Kennedy, who will one of her competitors again in in the U.S. Senate race. But Wetterling says this time, she's running a smarter campaign. http://news.minnesota.publicradio.org/features/2005/10/09_baxtera_wetterling/?refid=0 Sun, 09 Oct 2005 17:32:00 -0500 Philbrook launches campaign for governor Democrat Bud Philbrook launched his campaign for governor Sunday, promising to break the partisan gridlock at the Capitol but also taking some direct swipes at the Republican incumbent, Gov. Tim Pawlenty. http://news.minnesota.publicradio.org/features/2005/10/02_baxtera_philbrook/?refid=0 Sun, 02 Oct 2005 18:17:00 -0500 Some striking mechanics pursuing other options Even if the mechanics resolve their contract dispute with the airline, they're still facing significant cuts to their workforce. So some mechanics are exploring alternate careers. http://news.minnesota.publicradio.org/features/2005/09/22_baxtera_jobmarket/?refid=0 Thu, 22 Sep 2005 17:38:00 -0500 Macy's fashion outlook Federated Department Stores Incorporated has announced it's expanding its Macy's and Bloomingdale's brands. Starting next fall, all Marshall Fields stores will adopt the Macy's name. And some merchandising changes will follow suit. Federated bought the chain earlier this year as part of a larger transaction. Shoppers can expect a few changes. http://news.minnesota.publicradio.org/features/2005/09/21_baxtera_shopping/?refid=0 Wed, 21 Sep 2005 07:31:00 -0500 Hunting season looms after Vang verdict Publicity over Chai Vang's trial isn't deterring some Hmong immigrants from their hunting plans this season. Vang was found guilty of killing six members of a hunting party in a northern Wisconsin woods last November. Vang's trial put tensions between white hunters and Hmong hunters into sharp focus. http://news.minnesota.publicradio.org/features/2005/09/19_baxtera_hmonghunting/?refid=0 Mon, 19 Sep 2005 10:36:00 -0500 Bankruptcy may not impact Northwest's dominance in Minnesota Northwest Airlines says it will scale back some flights, and become a slightly smaller carrier as it reorganizes in bankruptcy. Scaling back routes will affect the company's share of the market at its Twin Cities hub. It's unclear, however, whether that will create an opening for low-cost carriers to wedge their way into the local market. http://news.minnesota.publicradio.org/features/2005/09/16_baxtera_nwalocalmarket/?refid=0 Fri, 16 Sep 2005 11:00:00 -0500 The ripple effect of Northwest in bankruptcy Northwest Airlines' decision to file for Chapter 11 bankruptcy protection has ripple effects that impact its employees, the state of Minnesota and the region's economy. http://news.minnesota.publicradio.org/features/2005/09/15_baxtera_nwafolo/?refid=0 Thu, 15 Sep 2005 11:00:00 -0500 Northwest files for bankruptcy Northwest Airlines Corp.on Wednesday filed for bankruptcy, weighed down by high fuel and pension costs, low airfares and steep competition from rivals. The Minnesota-based carrier, whose mechanics have been on strike since Aug. 20, filed for Chapter 11 protection in the U.S. Bankruptcy court in Manhattan. http://news.minnesota.publicradio.org/features/2005/09/14_baxtera_nwa/?refid=0 Wed, 14 Sep 2005 14:49:00 -0500 Striking mechanics walk away from talks with Northwest Striking mechanics at Northwest Airlines Corp. walked away from talks on Sunday, refusing to say if they would return to the bargaining table before the Tuesday deadline when Northwest says it will start hiring permanent replacements. http://news.minnesota.publicradio.org/features/2005/09/11_baxtera_nwatalksend/?refid=0 Sun, 11 Sep 2005 16:14:00 -0500 Northwest strikes symbolizes declining influence of labor No other union at Northwest Airlines is honoring the picket line of striking mechanics. Nationally, several unions have split from the AFL-CIO. Those examples are, in many ways, emblematic of today's broader labor picture. http://news.minnesota.publicradio.org/features/2005/09/05_baxtera_laborday/?refid=0 Sun, 04 Sep 2005 15:01:00 -0500 Mechanics' supporters turn to prayer Emotions are running high for Northwest Airlines mechanics union members and their families. Some say they're struggling to hold things together both emotionally and financially. http://news.minnesota.publicradio.org/features/2005/08/25_baxtera_prayer/?refid=0 Fri, 26 Aug 2005 07:33:00 -0500 Who controls the message in mechanics and NWA dispute? Northwest Airlines and the mechanics union are each trying to deliver a specific message to the public about how the strike is going. http://news.minnesota.publicradio.org/features/2005/08/23_baxtera_message/?refid=0 Tue, 23 Aug 2005 08:00:00 -0500 Problems reported as business travel pressures NWA's system Many people's gazes are turned skyward to see how Northwest Airlines fares on the third full day of its mechanics' union strike. http://news.minnesota.publicradio.org/features/2005/08/22_baxtera_nwaday3/?refid=0 Mon, 22 Aug 2005 08:49:00 -0500 Monday likely to provide major test in mechanics' strike The effects of the Northwest Airline's mechanics' strike are just starting to take shape as it moves into its second full day. Contract talks between the company and the union broke down late Friday night and union members walked out. Northwest has brought in 1,500 replacement mechanics to fill in for the striking workers. http://news.minnesota.publicradio.org/features/2005/08/21_baxtera_nwaday2/?refid=0 Sun, 21 Aug 2005 18:16:00 -0500 Northwest points to management cuts as sign of fairness Northwest Airline's mechanics union is weighing what the airline calls its last, best offer on a new contract, in an effort to avoid an 11 p.m. Friday strike deadline. One of the key issues is the company's plans to cut the number of mechanics -- reportedly up to half of them. Northwest says it has tried to spread the cuts around the company -- including among its managers. http://news.minnesota.publicradio.org/features/2005/08/19_baxtera_newmgmt/?refid=0 Fri, 19 Aug 2005 11:30:00 -0500 Impact of new bankruptcy laws on Northwest Airlines uncertain New, more restrictive bankruptcy laws take effect in mid-October. Will they push Northwest Airlines to file for bankruptcy? http://news.minnesota.publicradio.org/features/2005/08/12_baxtera_bankruptcylaw/?refid=0 Mon, 15 Aug 2005 16:23:00 -0500 Northwest lays out plans to fly without union mechanics Northwest Airlines says if the company's mechanics strike, the walkout will spell the end of some of their jobs. Company executives announced Thursday their plans to deploy some 1,500 replacement workers and managers in the event of a walkout. And they said a strike would lead to the permanent outsourcing of some maintenance work. http://news.minnesota.publicradio.org/features/2005/08/11_baxtera_nwa/?refid=0 Thu, 11 Aug 2005 17:01:00 -0500 Mechanics struggle to find sympathetic colleagues at Northwest At a rally at the state Capitol on Tuesday, several labor groups from around the state turned out in a show of support for the mechanics union. But the turnout from other Northwest unions was less robust. http://news.minnesota.publicradio.org/features/2005/08/10_baxtera_rally/?refid=0 Tue, 09 Aug 2005 17:00:00 -0500 Stillwater bridge closing brings mixed bag to merchants Businesses in the Stillwater area are drawing some conclusions about how the bridge closing is affecting them. http://news.minnesota.publicradio.org/features/2005/08/07_baxtera_bridge/?refid=0 Sun, 07 Aug 2005 20:13:00 -0500 Minimum wage hike and smoking ban: a double whammy for bars and restaurants? Bars and restaurants in parts of Minnesota are reeling from a double-whammy of new laws, which have led to a decline in business. The first came earlier this year, when many communities banned indoor smoking. The second came this week, when the minimum wage increased by $1 an hour. http://news.minnesota.publicradio.org/features/2005/08/01_baxtera_minwageandban/?refid=0 Tue, 02 Aug 2005 06:00:00 -0500 Outsourcing looms large in NWA-mechanics dispute Outsourcing is one of the key issues in the contract dispute between Northwest airlines and its mechanics union. The union has criticized the company's use of outside maintenance shops. Some say outsourcing is the way of the future. The Northwest mechanics union fears it could lead to the union's demise. http://news.minnesota.publicradio.org/features/2005/07/22_baxtera_outsourcing/?refid=0 Wed, 27 Jul 2005 10:54:00 -0500 A strike might not cause turbulence for Northwest business flyers With nearly a month to go before the strike deadline, Northwest passengers don't seem to be sweating about a possible walk-out. http://news.minnesota.publicradio.org/features/2005/07/21_baxtera_bizflyers/?refid=0 Thu, 21 Jul 2005 05:00:00 -0500 Lawmakers seek ways to avoid another shutdown Gov. Pawlenty and other lawmakers are warming to the idea of a safety net that keeps government running, even in the absence of a new budget agreement. http://news.minnesota.publicradio.org/features/2005/07/19_baxtera_lightson/?refid=0 Mon, 18 Jul 2005 16:45:00 -0500 State employees go back to work Some workers say they're relieved to be back on the job. But they have to contend with a heavier workload and feelings of resentment over the shutdown. http://news.minnesota.publicradio.org/features/2005/07/11_baxtera_workersback/?refid=0 Mon, 11 Jul 2005 13:06:00 -0500 Mechanics union: Talks with Northwest are at a standstill Northwest Airlines mechanics have asked the National Mediation Board to declare their contract negotiations with the airline are at an impasse. If the board grants the request, a strike could occur after a 30-day cooling off period. The union's move came on a day when the company's CEO said, the company would have to consider bankruptcy unless it can reduce its labor costs. http://news.minnesota.publicradio.org/features/2005/07/06_baxtera_nwamechanics/?refid=0 Wed, 06 Jul 2005 10:43:00 -0500 Who to blame? Parade provides few answers When DFL state Sen. Ellen Anderson climbed into a blue convertible on July 4th to ride in the St. Anthony Park parade, she didn't know what to expect. http://news.minnesota.publicradio.org/features/2005/07/05_baxtera_parade/?refid=0 Tue, 05 Jul 2005 06:59:00 -0500 A taste of public opinion on the state shutdown As we kick off the Fourth of July, some people are marking another "fourth" on their calendars. It's the fourth day of Minnesota's partial government shutdown. Last week, Gov. Pawlenty and legislative leaders failed to agree on a new two-year budget. We talked to folks at the Taste of Minnesota to find out what they think. http://news.minnesota.publicradio.org/features/2005/07/03_baxtera_shutdownvox/?refid=0 Sun, 03 Jul 2005 21:00:00 -0500 Budget problems aren't a walk in the park State parks might shut down if the governor and legislators don't pass a budget soon. And that has park workers and park visitors worried. http://news.minnesota.publicradio.org/features/2005/06/30_baxtera_shutdown/?refid=0 Thu, 23 Jun 2005 20:00:00 -0500 Younger workers pay attention to Social Security debate President Bush's push to reform the Social Security system is still in high gear. He's telling audiences around the country the retirement system is in crisis. Some experts say the success of President Bush's proposed reforms hinges on support from younger workers -- people now in their 20s and 30s. MPR's Annie Baxter talked with a group of Twin Cities residents in this age range, and found they're paying attention. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2005/04/27_extra_socialsecurity?refid=0 Wed, 27 Apr 2005 15:00:00 -0500 The art of mall walking Where do Minnesotans walk when it's too cold outside? Many head to the mall. Sound artist and musician Viv Corringham was bemused by this phenomenon, so she set out to document it. http://news.minnesota.publicradio.org/features/2005/03/28_baxtera_corringham/?refid=0 Tue, 29 Mar 2005 17:20:00 -0600 Love poems for Valentine's Day It's Valentine's Day, and what better time for a few sweet words. Here are some love poems from three members of the Laurel Poetry Collective, a Twin Cities local poetry group -- Ilse Mueller, Lisa Berg, and Tom Ruud. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2005/02/14_lovepoems?refid=0 Mon, 14 Feb 2005 11:00:00 -0600 Hip art that's square Local artist and music historian Richard Shelton pays close attention to the kind of artwork you find on album covers. He's put together an art show of his album cover collection. http://news.minnesota.publicradio.org/features/2005/01/31_baxtera_albumart/?refid=0 Tue, 01 Feb 2005 10:00:00 -0600 Best Buy introduces "eq-life" Electronics giant Best Buy is about to try out a new concept on Twin Cities shoppers. Next week, the company opens a new store in Richfield called eq-life, which focuses on health and wellness in combination with technology. http://news.minnesota.publicradio.org/features/2005/01/28_horwichj_bestbuystore/?refid=0 Fri, 28 Jan 2005 16:00:00 -0600 Tribal head says casinos must share wealth with other tribes; more gambling opposition surfaces at Capitol American Indian tribes that own casinos should join together and provide grants to less-prosperous tribes, the head of the Mille Lacs Band of Ojibwe said Tuesday. http://news.minnesota.publicradio.org/features/2005/01/11_khoom_gambling/?refid=0 Tue, 11 Jan 2005 17:01:00 -0600 Karaoke: it's not just for barflies anymore At the Wind Me Down Studio in St. Cloud, you can record a CD of your favorite karaoke tunes. But once you start, you might never stop. http://news.minnesota.publicradio.org/features/2004/12/24_baxtera_karaoke/?refid=0 Tue, 28 Dec 2004 10:49:00 -0600 Rural Minnesota -- the new arts destination? Economists have been saying that art plays an economic role in the economies of cities. But that's true in rural towns as well. http://news.minnesota.publicradio.org/features/2004/12/20_baxtera_montevideoart/?refid=0 Thu, 16 Dec 2004 06:00:00 -0600 St. Cloud human rights office expands its footprint St. Cloud has taken steps to give its human rights office more teeth in dealing with local complaints. Now it's helping neighboring towns taken on their human rights issues. http://news.minnesota.publicradio.org/features/2004/11/19_baxtera_humanrights/?refid=0 Fri, 19 Nov 2004 15:00:00 -0600 Mille Lacs Band wary of profit-sharing negotiations The Mille Lacs Band is stepping out of negotiations with Gov. Pawlenty over a casino profit-sharing partnership. The band made the announcement in a letter sent to the governor. http://news.minnesota.publicradio.org/features/2004/11/18_baxtera_millelacs/?refid=0 Thu, 18 Nov 2004 17:45:00 -0600 A tale of two lawn signs Pope County's vote was evenly split between Bush and Kerry. But the residents don't appear to be divided in spirit. http://news.minnesota.publicradio.org/features/2004/11/10_baxtera_glenwoodok/?refid=0 Wed, 10 Nov 2004 15:00:00 -0600 Reporter's notebook: Not everybody's going polar Reporter Annie Baxter reflects on the term "polarization." http://news.minnesota.publicradio.org/features/2004/11/10_baxtera_glenwoodnotebook/?refid=0 Wed, 10 Nov 2004 15:00:00 -0600 A case study in party contrasts Education and health care figure prominently in the state legislative race in District 16A. The candidates' differences on those issues show their party colors, as well as some common trends in this year's elections. http://news.minnesota.publicradio.org/features/2004/10/18_baxtera_legprofile/?refid=0 Thu, 21 Oct 2004 00:01:00 -0500 Somalis watch campaign with the hope things will get better Only about 20 percent of Minnesota's 60,000 Somali immigrants are citizens and can vote. But whether they're first-time voters or future voters, many take are taking this presidential election very seriously, including several of St. Cloud's Somali residents. http://news.minnesota.publicradio.org/features/2004/10/14_baxtera_somalidebate/?refid=0 Thu, 14 Oct 2004 07:42:00 -0500 Spreading politics across the walls. The work of artist Mike Alewitz is currently on display in an unusual place: an art gallery. His wall sized murals are intended for more public, and often more dangerous, spaces. He's painted murals on buildings along the Israeli Palestinian border and on the bombed streets of Baghdad. And here in Minnesota, one of his murals provided a backdrop to the Hormel strike in 1986. A show of Alewitz's work at St. Cloud State's Kiehle gallery gives an overview of the career of one of the country's most prolific political muralists. http://news.minnesota.publicradio.org/features/2004/10/01_baxtera_alewitz/?refid=0 Fri, 01 Oct 2004 00:01:00 -0500 Did media coverage sensationalize the Rocori shootings? Local and national media outlets gave extensive coverage to the Rocori High School shootings this past year. What was the end effect? http://news.minnesota.publicradio.org/features/2004/09/24_baxtera_rocorianniv/?refid=0 Fri, 24 Sep 2004 07:45:00 -0500 A rock star from Indian Country Native American musician and activist Robby Romero will perform at reservations around the state in October to encourage people to vote. His music mixes contemporary folk rock with traditional instrumentation. Romero calls the music Native rock. http://news.minnesota.publicradio.org/features/2004/09/07_baxtera_romero/?refid=0 Tue, 07 Sep 2004 00:01:00 -0500 The little engine that could be Things are looking up for the much contested Northstar rail line. Gov. Pawlenty has found funding for the initiative. And the success of the Minneapolis light rail line is brightening Northstar's prospects. http://news.minnesota.publicradio.org/features/2004/08/12_baxtera_nstarriders/?refid=0 Thu, 12 Aug 2004 00:01:00 -0500 Co-ops help keep rural towns alive The towns of Vesta and Echo in southwestern Minnesota have languished with the demise of local farm economies. But people in both towns are figuring out how to maintain vibrancy in their downtowns: they've embraced the co-op business model. http://news.minnesota.publicradio.org/features/2004/08/06_baxtera_indycafe/?refid=0 Wed, 04 Aug 2004 13:07:00 -0500 Casinos help pave the way to college for Mille Lacs Band members College attendance rates are on the rise among Minnesota's American Indian populations. The Mille Lacs Band of Ojibwe is using casino revenues to help subsidize college educations. http://news.minnesota.publicradio.org/features/2004/07/22_baxtera_tribaled/?refid=0 Thu, 22 Jul 2004 15:18:00 -0500 New documentary sheds light on Latino dropout rate This year for the first time ever, three Latino students successfully completed all the requirements to graduate from Long Prairie High School. It's a positive step, but hundreds of Latino kids in Long Prairie never make it that far. The chronic dropout problem is the subject of a new radio documentary produced by a local Hispanic advocacy group called Hacer. http://news.minnesota.publicradio.org/features/2004/06/28_baxtera_latinodoc/?refid=0 Thu, 24 Jun 2004 14:00:00 -0500 St. Cloud Somalis turned away from taxi driving jobs An old city ordinance in St. Cloud forbids immigrants from driving taxis. City officials are moving to strike down the law. But Somalis in town say it's not just the city ordinance that stands between them and taxi driving jobs. http://news.minnesota.publicradio.org/features/2004/06/07_baxtera_somalitaxi/?refid=0 Mon, 07 Jun 2004 13:00:00 -0500 Rocori students make it through tough year The graduation ceremony Saturday at Rocori High School in Cold Spring brings to a close to a rough year. Two students were fatally shot on the school grounds last fall. Rocori senior Brent Gregory looks back at the past year's events. http://news.minnesota.publicradio.org/features/2004/05/28_baxtera_rocorigrads/?refid=0 Fri, 28 May 2004 12:00:00 -0500 Lives locally, acts globally A professor from St. Cloud State has developed a written language for his native Anyi tribe in the Ivory Coast. He is visiting the Ivory Coast to see how the program's progressing. http://news.minnesota.publicradio.org/features/2004/05/21_baxtera_anyilanguage/?refid=0 Thu, 20 May 2004 11:00:00 -0500 Casinos: wholesome or wholly political? The Mille Lacs Grand Casino's new ad campaign makes their casinos look like good, clean places to have a little fun. In today's political environment, that's not a simple message. http://news.minnesota.publicradio.org/features/2004/05/04_baxtera_casinoad/?refid=0 Tue, 04 May 2004 15:51:00 -0500 St. Cloud's new civil rights vanguard The civil rights scene in St. Cloud is taking a new shape. At a community meeting tonight, residents will have the chance to discuss a range of civil rights issues. The discussion comes against a backdrop of years of reports of discriminatory and racist patterns in the town. But a new civil rights vanguard might be turning things around. http://news.minnesota.publicradio.org/features/2004/04/22_baxtera_stcloudrace/?refid=0 Thu, 22 Apr 2004 16:00:00 -0500 Milk: it does a political body good A future dairy farmer came up with a proposal that would make it easier for him to start his own dairy farm. The idea has piqued the interest of some Minnesota legislators. http://news.minnesota.publicradio.org/features/2004/04/08_baxtera_farm/?refid=0 Fri, 09 Apr 2004 00:01:00 -0500 First there was 'Music of the Spheres.' Now there's 'Cubemusic!' Artist Craig Colorusso's installation at St. Cloud State University takes six aluminum cubes and a gallery space and turns them into a pulsating light and sound sanctuary. http://news.minnesota.publicradio.org/features/2004/03/25_baxtera_cubemusic/?refid=0 Fri, 26 Mar 2004 00:01:00 -0600 Spanish-language station reaches out to rural Hispanic population Minnesota's Spanish speaking residents are often underserved by media. But that's no longer the case in rural Long Prairie, where a Spanish language radio program airs every Sunday. http://news.minnesota.publicradio.org/features/2004/03/18_baxtera_latinoradio/?refid=0 Thu, 18 Mar 2004 00:01:00 -0600 The answer to cabin fever: A trivia contest! Hundreds of people in St. Cloud spent this past weekend bleary-eyed, over-caffeinated, and glued to their computers. They were participants in the 25th annual trivia weekend. The contest started as a way to beat cabin fever. There were a handful of teams. And now it's 71 teams strong. St. Cloud state's student radio station, KVSC, broadcasts the 50-hour contest live. http://news.minnesota.publicradio.org/features/2004/02/09_baxtera_stcloudtrivia/?refid=0 Mon, 09 Feb 2004 09:00:00 -0600 St. Cloud's orchestra reaches new heights The St. Cloud Symphony Orchestra has been around since the early 1970s. But just in the past couple years, it has attracted critical raves, and popular support. http://news.minnesota.publicradio.org/features/2004/02/06_baxtera_scso/?refid=0 Fri, 06 Feb 2004 07:00:00 -0600 Getting old isn't what it used to be The older population is on the rise state and nationwide. One of the fastest growing demographics in Minnesota consists of people age 65 and up. Those seniors occupy an increasingly large chunk of the workforce. http://news.minnesota.publicradio.org/features/2004/01/26_baxtera_olderworkers/?refid=0 Mon, 26 Jan 2004 15:57:00 -0600 The mysteries of ice fishing revealed The world's largest ice fishing extravaganza takes place this weekend in Brainerd. Thousands of anglers will descend on Gull Lake to participate. What is it about ice fishing that holds such allure? http://news.minnesota.publicradio.org/features/2004/01/16_baxtera_icefish/?refid=0 Fri, 16 Jan 2004 09:00:00 -0600 St. Cloud's Paramount gets a financial boost St. Cloud's Paramount Theater and arts center hit hard times during the economic downturn of the past few years, as did many arts groups around the state and country. But now the city of St. Cloud is going to take over ownership of the arts facility. http://news.minnesota.publicradio.org/features/2003/01/06_baxtera_paramountmoney/?refid=0 Tue, 06 Jan 2004 11:00:00 -0600 New Year's musings Just before the new year began, many Minnesotans were busy reflecting on the past year and musing about the future. Their thoughts and concerns hint at where they're from and where they're going, and give a glimpse of what Minnesota was like in 2003. We talked to several people around the state about the projects they never finished, the goals they did in fact manage to achieve, and the personal and political events that stamped their lives in 2003. http://news.minnesota.publicradio.org/features/2003/12/31_baxtera_musings/?refid=0 Wed, 31 Dec 2003 16:00:00 -0600 Nice work if you can get it West Central Industries provides job services for disabled people and also offers employment in sheltered workshops. Given state and county budget cuts, the organization might have to scale back its offerings. http://news.minnesota.publicradio.org/features/2003/11/13_baxtera_disabledworker/?refid=0 Thu, 20 Nov 2003 13:51:00 -0600 Artist Sandy Skoglund lights up the room If you go anywhere near the campus of St. Cloud State University in the next few weeks, you might notice a strange light emanating from one of the buildings. Inside, in a room just off the foyer, the walls and floor shimmer with a metallic light. That's because a huge swath of the space is wrapped in aluminum foil. http://news.minnesota.publicradio.org/features/2003/11/10_baxtera_skoglund/?refid=0 Mon, 10 Nov 2003 16:46:00 -0600 The winningest coach St. John's football coach John Gagliardi did something so special, it doesn't even sound like proper English. On Saturday, he became the winningest coach in college football history. http://news.minnesota.publicradio.org/features/2003/11/08_baxtera_sjurecord/?refid=0 Sun, 09 Nov 2003 03:00:00 -0600 Chronic wasting disease dangers still unclear Minnesota's 2003 Deer season starts November 8th. 500,000 hunters will hope for success. For scientists, the goal is success of a different sort. That's because this year, the Department of Natural Resources will intensify efforts to research chronic wasting disease. http://news.minnesota.publicradio.org/features/2003/11/07_baxtera_bangbang/?refid=0 Fri, 07 Nov 2003 15:00:00 -0600 'Smallpox: A Musical' The threat of bioterrorism is now part of our reality. An outbreak of smallpox, an untreatable disease, could be especially dire. But most health care practitioners don't know what it looks like, let alone, how to treat it. Hospitals around the country are planning for a potential outbreak. Doctors in St. Cloud were tired of the same old song and dance, so they came up with a new one. http://news.minnesota.publicradio.org/features/2003/10/31_baxtera_smallpoxsongs/?refid=0 Fri, 31 Oct 2003 16:00:00 -0600 Counselors help students help themselves Two weeks ago, a school shooting dealt a blow to the town of Cold Spring. One student died and another is still in critical condition at St. Cloud Hospital. Everyone deals with trauma differently. But therapists working at the school say kids are resilient and tend to heal well from such emotional wounds. The counselors say their job is to help that healing process along in the gentlest way possible. http://news.minnesota.publicradio.org/features/2003/10/06_baxtera_counseling/?refid=0 Mon, 06 Oct 2003 17:20:00 -0500 How many walleye does catch and release kill? Last year, the practice of catch and release on Mille Lacs caused surprisingly high mortality rates in the lake's walleye population. Biologists at the Minnesota Department of Natural Resources are studying the matter. They're in the final stages of the biggest walleye study ever conducted on Mille Lacs. Among other things, they need to find out just how bad it is to be a fish out of water. http://news.minnesota.publicradio.org/features/2003/09/26_baxtera_fishstory/?refid=0 Mon, 06 Oct 2003 12:01:00 -0500 Cold Spring residents struggle to recover It hasn't even been a week, but for the people of Cold Spring, everything is different. They've already mourned and buried one of their own, and still grieve over another. After last Wednesday's school shooting at Rocori High School, Aaron Rollins, 17, was laid to rest Monday and Seth Bartell, 14, is still in critical condition at St. Cloud Hospital. Children and adults are grasping for ways to communicate their feelings. http://news.minnesota.publicradio.org/features/2003/09/29_postt_funeral/?refid=0 Mon, 29 Sep 2003 16:19:00 -0500 Shooting prompts parents to examine relationship with their kids Cold Spring is a community where people know each other's business. They're involved in the schools. And even the elderly are connected with teenagers. But feelings have changed with Wednesday's shooting. When a teen acts out so violently, it raises questions of how well adults know their kids. http://news.minnesota.publicradio.org/features/2003/09/26_baxtera_adultsandkids/?refid=0 Fri, 26 Sep 2003 05:00:00 -0500 A new plan for St. Cloud The St. Cloud City Council is considering a document that will shape the town's future -- a comprehensive city plan. Citizens and planners have been working on the issues for a couple of years, and have developed a new vision for the city. http://news.minnesota.publicradio.org/features/2003/09/08_baxtera_cityplan/?refid=0 Mon, 08 Sep 2003 00:01:00 -0500 Union talks turkey with workers in Willmar The UFCW has launched a unionization campaign in Willmar, Minnesota, where Jennie-O Turkey Store is based. The plant is employing more and more immigrant workers, and union organizers says those workers need help protecting their rights. http://news.minnesota.publicradio.org/features/2003/09/02_baxtera_willmarunion/?refid=0 Wed, 03 Sep 2003 05:00:00 -0500 Entrepreneur makes the paper in Wood Lake Minnesota has lost jobs lately, but entrepreneurship is on the rise. In rural Wood Lake, Minnesota, that news is making the paper. http://news.minnesota.publicradio.org/features/2003/08/19_baxtera_papergal/?refid=0 Tue, 19 Aug 2003 12:00:00 -0500 Minnesota county jails absorb state prison populations Many reports indicate that U.S. inmate populations are hitting record high levels. Minnesota's incarceration rate remains low compared to other states. But the numbers are on the rise. That's putting pressure on state prisons. A new law shifts some of the overcrowding problem to county jails. http://news.minnesota.publicradio.org/features/2003/08/11_baxtera_countyjail/?refid=0 Mon, 11 Aug 2003 00:01:00 -0500 Paul's big move The Crow Wing County Planning Commission will decide the future of two of its most famous residents. Simply put, it's a question of zoning. But the commission's ruling will determine whether Paul Bunyan and Babe the blue ox can move to a new home. http://news.minnesota.publicradio.org/features/2003/07/24_baxtera_thebigmove/?refid=0 Thu, 24 Jul 2003 05:00:00 -0500