Twin Metals says its updated plan for an underground copper-nickel mine near Ely includes an ore processing facility on the east bank of Birch Lake, which puts it closer to the Boundary Waters Canoe Area Wilderness than earlier planned.
Marley Jay, Associated Press | Posted
May 25th - 8:13am
Energy companies and oil prices are sinking again Friday morning on reports OPEC countries plan to produce more oil soon. Overall U.S. stocks are slightly lower again as falling bond yields put pressure on banks, even as they help dividend-payers like household goods makers. Gap is tumbling after it had a weak first quarter as its namesake brand continued to struggle.
Paul Wiseman, Associated Press | Posted
May 25th - 8:07am
Orders for long-lasting manufactured goods fell in April amid weaker demand for aircraft. But a key category that tracks business investment rose after sliding in March — a sign of health for American industry.
Nataliya Vasilyeva, Associated Press | Posted
May 25th - 8:07am
"Toxic" political infighting is preventing U.S. President Donald Trump from improving relations with Moscow, Russia's former ambassador in the United States and a long-time Trump campaign contact told The Associated Press on Friday.
Julian Hattem, Associated Press | Posted
May 25th - 7:59am
A Tesla that crashed while in Autopilot mode in Utah this month accelerated in the seconds before it smashed into a stopped firetruck, according to a police report obtained by The Associated Press. Two people were injured.
Christopher Rugaber, Associated Press | Posted
May 25th - 7:39am
Federal Reserve Chairman Jerome Powell says the Fed's independence from political pressure is key in enabling the central bank to fight inflation, stabilize the economy, and regulate the financial system.
Stan Choe, Associated Press | Posted
May 25th - 7:24am
Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million. Across the S&P 500, compensation for CEOs is often hundreds of times higher than typical workers.