Minnesota’s economic news, w/e 11/10/17
Mining
Duluth News Tribune: Increase prosperity — but protect Boundary Waters, too
Business North: Industry Supporters Commend House Committee for Progress on H.R. 3905
See our commentary on this here.
Minimum wage laws
Knox News Radio: MN – MINIMUM WAGE: “Democratic gubernatorial candidate Rebecca Otto says she’ll push to increase the state’s minimum wage to $15 an hour.”
See our commentary on this here.
Tax
Northfield News: Mixed reaction in Minnesota to Republican tax overhaul plan
Star Tribune: Minnesota nonprofits, foundations come out against House tax plan
See our commentary on the SALT deduction here and on corporate tax here.
Innovation
St. Cloud Times: Innovation lives here: Minnesota ranks 12th in ‘new economy’ capacity
Trade
Star Tribune: As NAFTA talks heat up, Minnesota ag, other industries weigh in
Retail
Hastings Star Gazette: Target brand, not Hastings economy, may be behind closure
Jobs
Minneapolis/St. Paul Business Journal: U.S. Bank moving more than 1,000 employees to Hopkins in home mortgage consolidation
Bloomberg: Capital One Exits Mortgage Origination Business, Cuts 1,100 Jobs
St. Cloud Times: What’s next for Capital One employees
Agriculture
Bemidji Pioneer: Minnesota governor candidates differ on ag approaches
John Phelan is an economist at Center of the American Experiment.