Business and Economic News

July 14, 2014 3:00 PM

Are casinos "gaming the poor?"

Casinos target and ensnare low-income gamblers, argues Barbara Dafoe Whitehead.

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July 14, 2014 2:29 PM

Holder: Citigroup settlement doesn't preclude prosecution

Investors today have shrugged off the settlement, a sign that they expect Citigroup to continue to operate without much disruption. Shares in Citi were up by three percent.

by The Associated Press

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July 14, 2014 2:08 PM

Deal boosts St. Jude Medical in pain treatment therapy

Pain management accounts for a relatively small part of St. Jude's $5.5 billion in annual sales. But the potential market for chronic pain management is huge.

by Martin Moylan

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July 14, 2014 12:48 PM

UnitedHealth Group stock price surges

This will be the second quarter the company has operated under the new insurance requirements laid out by the Affordable Care Act.

by Martin Moylan

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July 14, 2014 10:59 AM

Samsung suspends China supplier over child labor

The South Korean company, which is the world's biggest smartphone maker, said in its blog Monday that it had found possible evidence of child labor and illegal hiring at Dongguan Shinyang Electronics Co.

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July 14, 2014 7:37 AM

Citigroup to pay $7B in subprime mortgages probe

The settlement stems from the sale of securities made up of subprime mortgages, which fueled both the housing boom and bust that triggered the Great Recession at the end of 2007.

by The Associated Press

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July 13, 2014 2:07 PM

Rail shipment problems draw scrutiny in South Dakota

Busy rails make it hard for South Dakota to get commodities to market.

by The Associated Press

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July 13, 2014 12:00 PM

Medtronic's move: 'Positively un-American?'

We look at why American companies -- like Medtronic -- are moving abroad, and what this means for the American taxpayer.

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July 12, 2014 6:21 AM

Dayton hails US gov't duties on foreign steel pipe

The Commerce Department said Friday it had found that dumping of the steel pipe imports into the U.S. harmed competition.

by The Associated Press

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July 11, 2014 7:24 PM

Rapid bus favored for St. Paul to Woodbury line

A bus system that operates more like a train is emerging as the top choice for a new corridor linking St. Paul to the eastern suburbs.

by Jon Collins

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