Bob CollinsThem that had, still has, Forbes reports. Read more →
MPR News Reflections and observations on the news
Economy
We can’t imagine there’s a more jaw-dropping video today than this quadcopter video of the protests in Hong Kong.
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It’s the tale of political legend in Duluth. The oft-repeated story of a billboard in town during the 1980s recession has lacked proof that it actually existed. It urged ‘the last one out leaving Duluth (to) please turn out the lights.’ Read more →
Robert Poli, the leader of PATCO, the air traffic controllers union, never thought Ronald Reagan would fire them all. But he did, crippling the American union movement. Read more →
A study shows that people will mostly take their purchases somewhere else online, but will spend more money locally. Read more →
If the United States ever thinks it needs something more to be outraged about, it always has the one thing it’s ignored for generations: the treatment of Native Americans. Read more →
Sometimes, you just have to stop and think about a sentence for a bit in order to realize just how bad things really are. Read more →
In a symbolic loss for the city, the owners of the last working farm prepare to auction pieces of it off. Read more →
As we suspected, Californians didn’t deserve to get Dunkin’ Donut franchises before Minnesota. Read more →
It’s probably just as well that the book reviewer for The Economist didn’t sign the review in this week’s edition of Cornell professor Edward Baptist’s book, “The Half Has Never Been Told: Slavery and the Making of American Capitalism.” The magazine has never believed in bylines. The unsigning writer makes a case, apparently, that slavery Read more →
In the aftermath of the Market Basket labor settlement, one of the very few times that a CEO showed why valuing employees is good for the bottom line, CBS Sunday Morning provided a terrific analysis of the situation that’s entirely appropriate for Labor Day weekend.
There’s little chance Arthur T. Demoulas will be invited to give the commencement speech next year at any respectable business school, where the next generation of CEOs are taught that their primary responsibility is to maximize shareholder value by any means necessary. That’s why his speech yesterday — at the conclusion of a summer-long protest Read more →
When’s the last time labor won a showdown with deep-pocketed corporate bosses? Last night. The long Market Basket grocery store dispute in Massachusetts has ended after employees got their way. The fired CEO, for whom they were protesting because he treated them well, is buying out his warring cousins’. The significance of the settlement cannot Read more →
If you move to Moorhead and raise a family, imagine the amount of money you’ll inject into the local economy, creating jobs and stabilizing neighborhoods. Maybe you could be rewarded with a tax break. Moorhead isn’t unlike every other community in Minnesota when it comes to wanting businesses to move in but, like yesterday’s news Read more →
It’s become a fairly common game in business to extract public dollars in exchange for creating additional jobs, but in Wisconsin, Ashley Furniture is getting $6 million from the state in exchange for laying people off. According to the Milwaukee State Journal, the $6 million tax credit was awarded in January to the company in Read more →