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Small liquor store owners gird for decision on Sunday hours

Steve Burwell, who owns a Roseville liquor store that sits less than half a mile from a warehouse-style liquor retailer, isn’t yet sure if he’ll open seven days a week under the all-but-certain repeal of Minnesota’s long-standing Sunday sales ban. He said he wishes he didn’t have to decide at all. “I’m really disappointed,” Burwell said Monday, around the same time the Minnesota Senate voted to kill the ban. “We’ve had a system that’s worked very well. They should have left it alone.” http://www.startri...

 

Former Macy's in downtown St. Paul to be renamed Treasure Island Center

Treasure Island will have a new location in downtown St. Paul, though it won't be a casino. On Monday, Treasure Island Resort and Casino announced that it had signed a multiyear agreement for naming and sponsorship rights for the former Macy's under redevelopment in downtown St. Paul. http://www.startribune.com/former-macy-s-in-downtown-st-paul-to-be-renamed-treasure-island-center/414893344/...

 

Taxi drivers lose fares, livelihoods as ride-for-hire market heats up

Abdul Mohammed sits in his white van and frets. In front of him in a parking lot near Minneapolis-St. Paul International Airport are 300 other taxis, each of whose drivers will wait for hours to make the 1.5-mile trip to the terminal to pick up a passenger. Mohammed has been driving an airport taxi since 1989, but he’s not sure how long he can hang on. The day before, he worked for 12 hours and made just two trips. After gas and his daily lease payment, the $80 in fares he collected shrunk to just $25. http://www.startribu...

 

Hormel profit squeezed by competition, lower prices in turkey

Hormel Foods Corp. sold more turkeys during the holidays but made less money due to low prices, its latest quarterly results showed Thursday. Turkey prices fell to a seven-year low, “much lower than we expected,” chief executive Jim Snee said. The company lowered its full-year profit outlook as a result, and investor in turn sent the company’s down 5 percent. http://www.startribune.com/hormel-profit-squeezed-by-competition-lower-prices-in-turkey/414609593/...

 

For Apple's new headquarters, a door handle took more than a year to design

CUPERTINO, Calif. -- Apple's sprawling new campus, dubbed "Apple Park," will open in April, the iPhone maker said on Wednesday, Feb. 22. Although the first wave of employees will begin moving into the new headquarters this spring, it will take about six months for all of the 12,000-plus workers to make the transition, Apple said. Construction will run through the summer. http://www.bemidjipioneer.com/news/4223145-apples-new-headquarters-door-handle-took-more-year-design...

 

Indian Nations Law Update - February 2017: Ninth Circuit Rejects Tribal Online Lenders' "Co-Regulator" Argument

In Consumer Financial Protection Bureau v. Great Plains Lending, 2017 WL 242560 (9th Cir. 2017), the Consumer Finance Protection Bureau (CFPB) issued civil investigative demands (CIDs), i.e., subpoenas, to Great Plains Lending, LLC, Mobiloans, LLC, and Plain Green, LLC (Tribal Lending Entities), online lending companies created and owned by the Chippewa Cree, Tunica Biloxi and Otoe Missouria Tribes (Tribes). The CFPB’s stated purpose was “to determine whether small-dollar online lenders or other unnamed persons have engaged or are engaging...

 

Florida man accused in plot to bomb Target stores

OCALA, Fla. — A Florida man is accused in a plot to blow up several Target stores along the East Coast in an attempt to acquire cheap stock if the company's stock value plunged after the explosions. Mark Charles Barnett, 48, was charged in a criminal complaint filed Thursday with possession of a firearm affecting commerce by a previously convicted felon, according to the U.S Attorney's Office in Florida's middle district. Barnett, a registered sex offender in Florida, faces up to 10 years in prison if convicted. http://www...

 

100-plus Twin Cities businesses shut down, stand in solidarity with immigrants

More than 100 businesses around the Twin Cities shut their doors, immigrant workers left their jobs, and marchers took to the streets Thursday as part of the nationwide “Day Without Immigrants” protest. The event, organized via social media, urged immigrants, regardless of their legal status, to stay away from work, shutter their businesses, hold their children out of school and refrain from spending money to protest President Donald Trump’s views and actions on immigration. http://www.startribune.com/solidarity-for-im...

 

Economist: New recession unlikely for now as America enters 'bunny market'

FARGO — Forget about bulls and bears because the country is in a "bunny" market, according to a nationally recognized economist. Jim Paulsen, chief investment strategist at Wells Capital Management, delivered the keynote address Wednesday, Feb. 15, during the Fargo Moorhead West Fargo Chamber of Commerce's annual Economic Outlook Forum, which drew about 600 to the Ramada Plaza & Suites. http://www.bemidjipioneer.com/news/4218836-economist-new-recession-unlikely-now-america-enters-bunny-market...

 

Delta makes another big profit-sharing payout; MSP workers average $11,500 bonus

Delta Air Lines gave $1.1 billion of last year’s profit to its employees worldwide Tuesday, with a sizable chunk going to its Twin Cities-based workers. The Valentine’s Day payout amounted to about $87.5 million for its more than 7,500 employees at Minneapolis-St. Paul International Airport. The average among MSP workers was about $11,500, but the actual sum given to each worker varies widely depending on base pay. http://www.startribune.com/delta-employees-get-profit-sharing-pay-today-msp-workers-average-11-5k-bonus/413...

 

Tribes expect job losses after closure of Navajo coal plant

PHOENIX (AP) — Communities on the Navajo and Hopi Nations are bracing for what they say will be devastating economic fallout after the owners of a coal-fired power plant in Arizona decided to close the location. The decision announced Monday to close the Navajo Generating Station in 2019 could lead to the loss of hundreds of jobs, including at a coal mine that supplies fuel for the plant. http://azdailysun.com/news/local/tribes-expect-job-losses-after-closure-of-navajo-coal-plant/article_7944f2f8-4f0d-51d9-aac2-dfd17461e48...

 

Cowlitz Smelt Dipping on Hold After Fleet Nets Just One Fish

The news could hardly have been worse for eager smelt dippers anxiously awaiting word on a sport fishery.  The Washington Department of Fish and Wildlife is using commercial netting results as a measuring stick that will determine whether recreational smelt dippers will get any opportunity on the Cowlitz River this year. An average haul of 150 pounds per vessel is required to trigger even a limited Cowlitz River opening. http://www.chronline.com/news/cowlitz-smelt-dipping-on-hold-after-fleet-nets-just-one/article_94fc1608-...

 

Verizon's move to unlimited data ups ante in wireless war

NEW YORK—Verizon Communications announcement that it will once again offer an unlimited pricing plan marks a shift in its thinking as a price war among the four biggest U.S wireless carriers accelerates. The biggest wireless carrier in the U.S. said on Sunday, Feb. 12, that it will offer an unlimited data plan, its first in more than five years. http://www.bemidjipioneer.com/news/4217214-verizons-move-unlimited-data-ups-ante-wireless-war...

 

Anderson, former Delta chief, says MSP is asset Twin Cities must protect

Minneapolis-St. Paul International Airport is one of the Twin Cities’ greatest assets but can’t be taken for granted, the former chief of Delta Air Lines and Northwest Airlines said Monday. Richard Anderson, who retired as chief executive of Atlanta-based Delta Air Lines last spring and as chairman in the fall, called MSP, the airline’s second-biggest hub, one of the nation’s best-run airports. http://www.startribune.com/anderson-former-delta-chief-says-msp-is-asset-twin-cities-must-protect/413660293/...

 

Georgia AG Follows Familiar Pattern; Settles Suit Against California Payday Lender for Alleged Rent-A-Tribe Scheme

On February 9, the Attorney General’s Office for the State of Georgia (Georgia AG) announced that it reached a settlement and entered into a consent order with a California-based online lender relating to an alleged “rent-a-tribe” scheme.  The consent order, filed in Georgia state court, bars the lender from doing business in Georgia unless and until it complies with the state’s usury, lending, and licensure laws.  The settlement also requires the lender to provide over $40 million in financial relief to Georgia borrowers. The...

 

General Mills, other major food companies, to see fruits of cost-cutting programs this year

The nation’s largest packaged-food companies, including General Mills, should see strong cash flows this year as cost-cutting programs finally pay off, ratings agency Moody’s said in a new report. Food manufacturers have seen their sales slowly drop over the last several years as consumers increasingly shun processed and packaged foods in favor of fresher foods. http://www.startribune.com/general-mills-other-major-food-companies-to-see-fruits-of-cost-cutting-programs-this-year/413466623/...

 

Trump's trade talk rattles Minnesota corporate leaders

President Donald Trump's repeated vows to punish companies that move jobs overseas have alarmed some top Minnesota executives, who find themselves bracing to see how a brash, unfiltered presidential style could upend cautious corporate decisionmaking in a global economy. As a candidate and now as president, Trump promised to impose tariffs on companies that move jobs offshore. He has offered unspecified tax advantages for creating new employment in the U.S. http://www.startribune.com/trump-s-trade-talk-rattles-minnesota-corp...

 

Tobacco industry looks for political wins in Minnesota

The Rev. Al Sharpton and a trio of prominent activists appeared in a Minneapolis church basement in January with a somewhat surprising message: Keep menthol cigarettes legal. Their visit was sponsored by Reynolds American Inc., the parent company of cigarette brands like Newport that are popular with black smokers and a financial backer of Sharpton’s National Action Network. Several of the activists argued that banning menthol cigarettes would create an underground market for the product and a new reason for police to stop and search young...

 

Legislative auditor: Minnesota R&D tax credit lacks explicit purpose, doesn't pay for itself

An audit of one of Minnesota’s biggest business tax breaks found serious problems with the incentive, saying it lacks a specified purpose in law and does not pay for itself in the long run. The audit also found that the state isn’t collecting enough data on the decades-old research and development tax break to properly evaluate the incentive’s effectiveness. http://www.startribune.com/auditor-mn-s-r-amp-d-tax-credit-lacks-explicit-purpose-doesn-t-pay-for-itself/413358913/...

 

US cities pull $3 billion out of Wells Fargo over funding of Dakota Pipeline

Two U.S. cities have taken a stand against the construction of the Dakota Access Pipeline by announcing plans to cut ties with Wells Fargo, which is a key funder of the project, NPR reports. Seattle’s City Council voted against renewing a contract with the bank next year, which will result in a loss of $3 billion in funds from the city. Soon after Seattle voted to pull funds from Wells Fargo, the Davis, California City Council followed suit and voted to find a new bank to handle its accounts in the next year. http://www...

 

Solar power brings light to homes on Navajo Nation

KAYENTA – Electrical power lines are nowhere in sight from Helen Salazar’s home. She lives on a dirt road in Monument Valley, part of the Navajo Nation. Throughout her life, Salazar has adapted to the challenges of living in a remote, off-grid home. She uses an ice chest to help perishable foods last longer, makes trips to a local store several times a week and dries meat to preserve it. https://www.indianz.com/News/2017/02/07/cronkite-news-solar-power-brings-light-t.asp...

 

Teck Metals Loses Appeal, Must Pay Colville $8.2 Million

The Ninth Circuit Court of Appeals has thwarted yet another attempt by Canada-based Teck Metals Ltd. to avoid paying damages to the Colville Federated Tribes and the State of Washington for nearly a century of toxic waste dumping into the Columbia River. The January 26 ruling denied Teck’s appeal of an August 2016 judgment that awarded Colville and Washington $8.3 million in damages. The company had asked that a final decision be delayed until all claims had been litigated regarding damages to natural resources, which would have taken years....

 

Changes made by the Fed could hamper housing recovery

Almost a decade after it all began, the Federal Reserve is finally talking about unwinding its grand experiment in monetary policy. And when it happens, the knock-on effects in the bond market could pose a threat to the U.S. housing recovery. Just how big is hard to quantify. But over the past month, a number of Fed officials have openly discussed the need for the central bank to reduce its bond holdings, which it amassed as part of its unprecedented quantitative easing during and after the financial crisis. The talk has prompted some on Wall...

 

Build it and they will come...probably: Casino could lead to housing boom in Star Lake area

The new White Earth-owned Star Lake Casino near Dent could be the catalyst for developing the Star Lake, Dead Lake and Mud Lake area in Otter Tail County. The tribe is moving forward on plans to build a 30,000-square-foot casino with 180 hotel rooms, convention space, a 15-stall RV park, three restaurants and other amenities on trust land on Star Lake, which sits between Dent and Maplewood State Park. The casino would sit on 15 acres of trust land and another 225 acres of "fee land" that has...

 

Minnesota loggers hoping new NAFTA deal can help sagging industry

VIRGINIA, Minn. — Northern Minnesota loggers said Wednesday that the region's harvest is down significantly, and with about month left in the winter timber season, the clock is ticking. Industry groups also said that President Donald Trump's notion he will renegotiate the North American Free Trade Agreement (NAFTA) trade deal could result in positive impacts for regional logging companies. http://www.bemidjipioneer.com/news/4210841-minnesota-loggers-hoping-new-nafta-deal-can-help-sagging-industry...

 

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