Business and Economic News

July 7, 2014 5:57 AM

Smallest Target ever coming near U of M

Located at 1329 5th Street St., and at 20,000 square feet, the TargetExpress store will be about one sixth the size of a typical Target big box. The doors open July 23.

by Martin Moylan

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July 5, 2014 9:52 AM

As organized labor shrinks, unions representing government workers grow

A majority of union members today now have ties to a government entity, at the federal, state or local levels.

by The Associated Press

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July 4, 2014 3:43 PM

Target's smallest store to open near U of M

As retail competition has stiffened, Target has been opening smaller stores in urban settings. The retailer has opened eight somewhat downsized CityTarget stores in Chicago, Los Angeles and other markets.

by Martin Moylan

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July 4, 2014 9:34 AM

ND wants vets to fill 25K available jobs

The state's oil boom in recent years has significantly expanded the state's economy. North Dakota has added 100,000 jobs since December 2007.

by The Associated Press

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July 3, 2014 5:55 PM

Major partner won't expand stake in mine near Ely

The firm's partner in the Minnesota mining project, Toronto-based Duluth Metals, now has the option to buy out Antofagasta for $230 million.

by Martin Moylan

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July 3, 2014 5:51 PM

Cities along SW light rail route eye pot of money

The nearly $1.7 billion budget for the proposed Southwest Light Rail project includes a tantalizing pot of money for the cities along the line: a contingency fund estimated at about $300 million.

by Curtis Gilbert

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July 3, 2014 5:16 PM

Hiring looks good now, but wage growth lags

When the Great Recession hit in late 2007, employers started slashing jobs, eventually sending the jobless rate to a 10-percent peak. The recovery began in mid-2009, but the climb back has been slow and precarious, making companies reluctant to hire.

by Marilyn Geewax