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Minneapolis ordinance imposes highest minimum cigarette price in America

Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the Minneapolis City Council voted unanimously Thursday to impose a minimum retail price of $15 per pack to promote public health. Become. This ordinance does more than just set minimum prices. It prevents smokers and retailers from getting around this […]

Italy bans loans to Minneapolis Institute of Art over ancient statue dispute

Following a dispute with a U.S. museum over an ancient marble statue believed to have been plundered from Italy nearly half a century ago, Italy’s Culture Ministry has banned the work from being loaned to the Minneapolis Institute of Art. The dispute arose in March 2022 when an Italian court ruled that the Minneapolis Museum […]

Uber, Lyft to stay in Minneapolis until July as minimum wage hike delayed

Uber and Lyft postponed plans to exit Minneapolis on May 1 after the City Council delayed the effective date of the minimum wage increase by two months. Minneapolis City Council unanimously passes It was announced at Thursday’s meeting that the minimum hourly wage increase would be extended until July 1. CNN. The delay will give […]

Delta planes clip wings at Minneapolis airport

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Lyft, Uber plan to leave Minneapolis after city council forces them to hike driver pay

Lyft and Uber announced plans to expand their operations in Minneapolis after the Minneapolis City Council passed a resolution Thursday that overrode the mayor’s veto and requires ride-hailing services to raise driver wages to the equivalent of the local minimum wage of $15.57 an hour. announced that it would be discontinued. Lyft called the ordinance […]

Minneapolis Fed president anticipating two or three rate cuts in 2024

Minneapolis Fed President Kashkari said Wednesday that he expects the Fed to cut interest rates two to three times in 2024. “As I sit here today, a couple of cuts seem appropriate to me right now,” he said on CNBC’s “Squawk Box.” “But again, I’m not going to prejudge things, but this is just my […]