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New Cinnabon Bakery Opening This Winter at Choctaw Casino & Resort – Durant

DURANT, Okla., (November 8, 2022) – Something sweet is coming to Choctaw Casino & Resort – Durant this winter! Cinnabon is baking up a new location, opening in The Link Casino Food Court across from The District. Famous for their signature cinnamon rolls made with Makara ® cinnamon and cream cheese frosting, the bakery will be the newest addition to Choctaw Casino &...

 

Minnesota's first renewable natural gas facility opens at Inver Grove Heights landfill

Minnesota's first renewable natural gas plant is up and running at an Inver Grove Heights landfill, turning biogases produced by trash into fuel for heavy-duty vehicles. New York-based OPAL Fuels built and operates the facility, while Republic Services, an Arizona-based company that owns Pine Bend Sanitary Landfill, leases out the land and supplies the biogas. The end product...

 

Musk threatens to boot Twitter account impersonators

BOSTON - Elon Musk tweeted Sunday that Twitter will permanently suspend any account on the social media platform that impersonates another. The platform's new owner issued the warning after some celebrities changed their Twitter display names - not their account names - and tweeted as 'Elon Musk' in reaction to the...

 

Minnesota companies have raised prices, but key margins remain below pre-pandemic times

As the election has drawn closer, the blame game over inflation has gotten louder with some criticizing the role of corporations. Those critics, mainly left-leaning economists and politicians, say businesses are lifting prices on customers even higher and faster than their costs are rising, padding their profits and adding to...

 

Powell: Rate hikes may slow, but inflation fight hardly over

WASHINGTON - Federal Reserve Chair Jerome Powell sought Wednesday to strike a delicate balance at a moment when high inflation is bedeviling the nation's economy and commanding a central role in the midterm elections. Powell suggested that the Fed may decide in coming months to slow its aggressive interest rate increases. Yet...

 

Allina opens new heart surgery center in Edina

Allina Health System is continuing its push to open more free-standing surgery centers across the Twin Cities with a new facility in Edina that's focused solely on heart patients. The surgery center, which treated its first patient on Oct. 25, is part of an ongoing partnership between Allina and a division of Minnetonka-based...

 

DEED Launches Growth Loan Fund to provide funding for early-stage businesses

The Minnesota Department of Employment and Economic Development (DEED) launched the Growth Loan Fund today as part of the recently announced $97 million through the State Small Business Credit Initiative (SSBCI). This program provides direct loans from DEED to technologically innovative seed- and early-stage businesses. The federal government has approved Minnesota for up to...

 

DEED Launches Second Small Business Funding Stream

St. Paul – Today, the Minnesota Department of Employment and Economic Development (DEED) launched the Growth Loan Fund as part of the recently announced $97 million through the State Small Business Credit Initiative (SSBCI) from the U.S. Department of the Treasury. This new program provides direct loans from DEED to technologically innovative seed- and early-stage...

 

Xcel says federal energy legislation will lend $500M in savings for company

Xcel Energy expects that a trove of tax subsidies in recently passed federal energy legislation will save the company and its customers about $500 million over the next five years. That update came Thursday with Xcel's announcement that its third-quarter profits rose 4.4%. Still, its earnings fell short of Wall Street...

 

Twin Cities home market appears less likely to crash than others, new data shows

House price increases in the Twin Cities are slowing, putting the region on track for a softer landing if demand melts because of soaring interest rates. During August, house values throughout the metro rose 7.64% over last year compared with a 13.1% gain for the 20-metro composite, according to the S&P CoreLogic Case-Shiller...

 

Tribal Business News Round Up: Oct. 24

In this week's Tribal Business News Round-Up, Wells Fargo releases a report on how the lack of data affects investor interest in Indian Country, Native Hawaiian groups place culture at the center of tourism, and marginalized farmers sue the USDA over unfulfilled funds. Lack of data stymies investor interest in 'invisible'...

 

Red Lake, White Earth solar energy projects mean new employment opportunities

Early investments in workforce development in Minnesota's tribal communities are paying off in employment - and acceleration of solar energy. "There's plenty of opportunity for tribal nations to save the planet," said Robert Blake, a member of the Red Lake Band of Chippewa. "Its incumbent upon us. We have [Indigenous]...

 

Singletary: Millions of households can still get pandemic-related government help

With rent, food prices and utility bills up, many families could use some extra cash. Inflation is stressing people's budgets big time. If you're struggling and didn't file a tax return this year, check your mail. This month, the IRS started sending letters to the 9 million households who may still be eligible for several...

 

Minnesota Tribal Contractors Council Adds Co-Executive Directors to Leadership Team

Minnesota, Oct. 19, 2022 — The Minnesota Tribal Contractors Council (MNTCC), which launched in 2021 to provide a voice for Native American Contractors and to promote the economic development of the Trades industry in Minnesota, announces the addition of Morgan Fritzinger and Heidi Holste as co-executive directors. Ftizinger has nearly a decade of experience working in managem...

 

The pandemic may have changed car shopping in the U.S. for good

Don't expect car prices to drop significantly any time soon. Instead, new-vehicle prices - already at record highs - will remain elevated, automotive experts say. At the same time, used-vehicle pricing should moderate as the Federal Reserve continues raising interest rates to curb inflation. Analysts are closely tracking...

 

State settles with Andersen Windows over 'refusal' to hire applicant with disability

Andersen Corp. is settling a discrimination claim alleging the company withdrew a job offer after learning of an applicant's disability, according to the Minnesota Department of Human Rights. The window and door manufacturer based in Bayport, Minn., will pay the man $41,000 and adhere to several stipulations meant to "build a...

 

Bremer Bank celebrates new East Lake Street branch with ribbon-cutting, $50,000 community donation

Minneapolis, Minn. – On Tuesday, civic and business leaders gathered with Bremer Bank employees for a ribbon-cutting ceremony to celebrate the opening of a new, full-service Bremer branch in the East Lake Street neighborhood. Click here to download photos from the ribbon-cutting ceremony. “We are excited that Bremer Bank is a newly visible financial partner in the...

 

Liquor store, gas station at Minneapolis corner warned of lawsuit if trouble persists on properties

The Minnesota Attorney General's Office said Tuesday that a gas station and liquor store at a troubled north Minneapolis intersection are considered nuisance properties and subject to being sued in connection with chronic and sometimes violent crime at their businesses. An investigation of Merwin Liquors and Winner Gas Station...

 

U.S. judge rejects last challenge to Enbridge's Line 3

A federal judge has rejected claims by environmental groups and Ojibwe bands that the Army Corps of Engineers failed to adequately review Enbridge's Line 3 pipeline. The controversial 340-mile oil pipeline across Minnesota opened a year ago, but one lawsuit challenging it had yet to be concluded - until Friday. "The court...

 

Small business group files suit over Biden student loan plan

WASHINGTON - A small-business advocacy group has filed a new lawsuit seeking to block the Biden administration's efforts to forgive student loan debt for tens of millions of Americans - the latest legal challenge to the program. The suit, filed Monday by the Job Creators Network Foundation, argues the Biden administration...

 

Tribes want exclusive rights on online gambling in North Dakota

BISMARCK, N.D. — Five tribes in North Dakota are seeking exclusive rights to host internet gambling and sports betting in the state, a monopoly worth millions, just a year after legislators turned aside a push by one big national player to allow it in the state. The tribes are turning to Republican Gov. Doug Burgum to approve the idea under tribal-state agreements known as...

 

OPEC+ makes big oil cut to boost prices; pump costs may rise

FRANKFURT, Germany - The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections. Energy ministers cut...

 

Casino divide: Tribes split as California voters consider online sports betting

LOS ANGELES - California voters next month will decide between two competing ballot measures involving sports betting that would dramatically alter legalized gambling in the state, a struggle that underscores the have and have-not divide between the state's native tribes. The newest chapter of this long-standing divide comes...

 

LLBO Seeks Feedback on Authorizing Sale of Edible Cannabinoid Products at Band Owned Businesses

CASS LAKE- The Leech Lake Tribal Council is seeking public feedback on a proposed resolution to allow the sale of edible cannabinoid products at tribally owned or licensed businesses. Legislation enacted by the State of Minnesota in July allows the sale and purchase of edibles and beverages that contain up to 5 milligrams of...

 

Walmart, Target begin holiday early to ease inflation sting

NEW YORK - Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping. For two years now, shoppers have started preparing for the holidays early but last year it was because...

 

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