September 2, 2020

Budget deficit to hit record $3.3T due to virus, recession

WASHINGTON — The federal budget deficit is projected to hit a record $3.3 trillion due to COVID-19 costs and the recession, the Congressional Budget Office […]
September 2, 2020

Mortenson envisions U.S. Bank site in Edina as 23-story apartment tower, offices and retail

The development firm Mortenson hopes to transform an aging U.S. Bank branch on the corner of France Ave. and 70th Street in Edina into an […]
September 2, 2020

Fed survey finds widespread pessimism about economic future

WASHINGTON — The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the […]
September 2, 2020

Pioneering University of Minnesota transplant surgeon Dr. John S. Najarian dies at 92

Dr. John S. Najarian, a pioneering transplant surgeon who served for decades as head of surgery at the University of Minnesota and whose career was […]
September 2, 2020

State overstated permanent job cuts at Xcel Energy Center food vendor

A state agency has acknowledged incorrectly reporting the number of permanent layoffs at Xcel Energy Center food vendor Levy Premium Foodservice last week. Fourteen Levy […]
September 2, 2020

Red Wing Shoes stores to become 'job centers' on Labor Day

Red Wing Shoes customers on Monday will find more than work boots and leather accessories. They’ll also find job opportunities. The company, with buy-in from […]
September 2, 2020

Surly Brewing Co. to close its destination beer hall in Minneapolis

Surly Brewing Co., the creator of the phrase “destination beer hall,” is closing its enormous beer hall. The plan is to close “indefinitely,” and the […]
September 2, 2020

U.S. Bank envisions 23-story apartment tower, offices and retail for Edina site

U.S. Bank hopes to transform its aging bank branch at 70th Street and France Avenue in Edina into an office, retail and apartment complex. The […]
September 2, 2020

Depression, anxiety spike amid outbreak and turbulent times

Mental health therapists’ caseloads are bulging. Waiting lists for appointments are growing. And anxiety and depression are rising among Americans amid the coronavirus crisis, research […]
September 2, 2020

Michael Jordan gets stake in DraftKings for advisory role

SILVER SPRING, Md. — DraftKings shares jumped in midday trading after announcing that basketball legend Michael Jordan would take an ownership stake in the company […]
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