Business and Economic News

No clear path forward as Minneapolis park workers remain on strike
A special meeting of the Minneapolis Park and Recreation Board on Monday produced no clear path forward amid an ongoing contract impasse with park workers. The strike is set to end Thursday — though union officials said workers could extend the walkout if necessary.
ESG investing rule presents early test on limits of U.S. agency powers
A challenge to a Biden administration rule allowing socially conscious investing by employee retirement plans will present an early test of how courts will scrutinize federal regulations after the U.S. Supreme Court said they no longer have to defer to the expertise of the agencies that issued them.
Boeing agrees to plead guilty and pay a nearly quarter-billion dollar fine
The U.S. Justice Department says Boeing has accepted a deal to plead guilty to a criminal fraud charge stemming from the crashes of two 737 Max jets in 2018 and 2019 that killed 346 people.
Minneapolis parks commissioners to hear about contract negotiations as workers’ strike continues
A special meeting of the Minneapolis Park and Recreation Board on Monday may shed light on contract negotiations, as union park workers continue a week-long strike. Three members of the board requested the meeting to learn more about the negotiations.
Don Wyse remembered as early champion of sustainable agriculture research in Minnesota
University of Minnesota professor Don Wyse, a proponent of sustainable agricultural practices, died Tuesday. Wyse co-founded the Forever Green Initiative, a project to research new, more sustainable crops for Minnesota farmers.
Hundreds of Minneapolis park workers poised to strike for a week beginning July 4
The union representing workers says the Minneapolis Park and Recreation Board’s latest contract proposal lacks sufficient wage raises and hazard protections. The park board says negotiations have been reasonable and in good faith. They are prepared to adjust maintenance service around a smaller staff.