Business & Economy – Page 4 – TheMinotVoice.com

Re-tap to get the rest: Armstrong Pushes for Smarter Oil Recovery in the Bakken

Summary: MinotVoice | Article: Carrie McDermott, Grand Forks Herald

Governor Kelly Armstrong sees opportunity in what’s been left behind—specifically, the 85% of oil still sitting in North Dakota’s Bakken formation. At the Energizing North Dakota’s Future event, Armstrong made the case for enhanced oil recovery as a way to unlock billions of barrels without the disruptions of another boom. But tapping that potential depends

Read & Share sourced from: Grand Forks Herald

Low-carbon jet fuel company foresees huge investment in western North Dakota

By: Jeff Beach, North Dakota Monitor

WEST FARGO, N.D. — The demand for jet fuel is going up. The demand for gasoline is going down. That’s the simple explanation from Chris Ryan, the president and CEO of Gevo, on why the company plans to add a sustainable aviation fuel plant to the corn-based ethanol plant it purchased at Richardton in southwest

Read & Share sourced from: North Dakota Monitor

Saskatchewan to resume purchase, distribution of all U.S.-produced alcohol

Summary: MinotVoice | Article: Alec Salloum, Regina Leader Post

After months of holding the line in a simmering trade war, Saskatchewan is backing off one of its headline countermeasures—resuming purchases of U.S.-made alcohol. The province’s liquor authority confirmed it will restock American booze, despite federal tariffs that still double the cost. Officials frame it as restoring consumer choice, but critics say it’s a political

Read & Share sourced from: Regina Leader Post

$7 billion data center deal in southeast North Dakota is ‘worth the growing pains,’ residents say

Summary: MinotVoice | Article: Peyton Haug, InForum

In Ellendale, North Dakota — a town of just 1,100 people — something big is happening. A $7 billion lease deal with an artificial intelligence firm has transformed the quiet prairie into a power-hungry hub of high-performance computing. Applied Digital’s sprawling campus now hosts CoreWeave, an AI company fueling generative tech that demands hundreds of

Read & Share sourced from: InForum

Chamber-EDC: The Communicator for June 2025

By: Staff, Minot Area Chamber EDC

Grab your phone, tablet, or laptop – kick back in the sun – and catch up on everything happening in the Minot area through the June issue of The Communicator! We’re excited to share a wide variety of stories including our paricipation in an Agriculture Trade Mission to Taiwan, Task Force 21 updates, and a

Read & Share sourced from: Minot Area Chamber EDC

Owner of Main Street Books in Minot discusses decision to sell store

Summary: MinotVoice | Article: Lindsey Miller, KMOT

For nearly two decades, Main Street Books has been more than a bookstore—it’s been part of Minot’s heartbeat. Now, longtime owner Val Stadick is ready to turn the page. She’s putting the beloved downtown shop up for sale, not out of regret, but with gratitude and hope for its next chapter. As interest from potential

Read & Share sourced from: KMOT

North Dakota Department of Commerce Announces New Tools to Empower Economic Growth

By: MinotVoice

The North Dakota Department of Commerce is rolling out two powerful new tools—LOIS and Lasso—to help local, regional, and tribal economic development partners better market available properties and prepare for business recruitment. Both tools are now available statewide at no cost to participating organizations. With training sessions scheduled in July, Commerce hopes to give every

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Small business owners urge Iowa’s congressional leaders to end the ‘chaotic’ tariffs

By: Cami Koons, Iowa Capital Dispatch

Small business owners and farmers are already feeling the increased costs and decreased consumer purchasing power resulting from foreign tariffs imposed at the federal level. During a Tuesday press conference in West Des Moines’ historic Valley Junction, local business owners said they placed orders in January for holiday products that are becoming more expensive by

Read & Share sourced from: Iowa Capital Dispatch

Trump doubles tariffs on steel and aluminum

Summary: MinotVoice | Article: Ashley Murray, North Dakota Monitor

When President Trump stood before a crowd at a steel plant in Pennsylvania last week, he didn’t just deliver a campaign-style speech—he telegraphed a major policy shift. That shift became official Tuesday as he signed an order doubling tariffs on steel and aluminum, escalating an already tense global trade landscape. The move, framed as protection

Read & Share sourced from: North Dakota Monitor

Trump Tariffs Push Manitoba Lawmakers to Accelerate Trade Reforms

Summary: MinotVoice | Article: Steve Lambert, The Canadian Press

Manitoba’s lawmakers wrapped up their spring session with a flurry of late-night decisions, fast-tracking more than 30 bills before breaking for summer. At the center of it all was a free trade agreement meant to strengthen ties with other provinces—and stand firm against mounting U.S. tariffs. The bill passed without the usual public hearings, a

Read & Share sourced from: The Canadian Press

Star Tribune offers employees buyouts

Summary: MinotVoice | Article: Madison McVan, Minnesota Reformer

The Star Tribune is looking to turn a page. Under publisher Steve Grove, Minnesota’s largest newspaper is offering buyouts to veteran staff as part of a broader shift toward a more digital, future-ready newsroom. It’s a familiar crossroads for legacy media—balancing respect for experience with the urgency to adapt. Grove says the goal isn’t layoffs,

Read & Share sourced from: Minnesota Reformer

ND Agriculture Department Awards Over $1M to Boost Value-Added Ag Projects

By: MinotVoice

BISMARCK, N.D. – Agriculture Commissioner Doug Goehring has announced Agriculture Diversification and Development (ADD) Fund awards for five projects. The awards totaling $1,084,000 were approved at the ADD quarterly meeting May 28 in Minot. The ADD Fund is administered by the North Dakota Department of Agriculture. The fund was created to support new or expanding

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Old Omaha potato chip factory produces paintings, pottery, art pieces

Summary: MinotVoice | Article: Cindy Gonzalez, Nebraska Examiner

Once a South Omaha landmark for salty snacks, the old Kitty Clover potato chip factory is back in business—only this time, it’s making art. Now called Clover24, the renovated industrial space has become a creative hub, home to thread painters, sculptors, fiber artists, and more. It’s part of a growing effort to reimagine community development

Read & Share sourced from: Nebraska Examiner

Tulsa’s Economy Reaps Benefit of Remote Worker Program

Summary: MinotVoice | Article: Rthvika Suvarna, Bloomberg

When Kagan Conaway answered an Instagram ad offering $10,000 to move to Tulsa, she didn’t just find a new city—she joined an experiment in modern economic development. Tulsa Remote, a program that pays remote workers to relocate, is showing real results: stronger local economies, new jobs, and long-term residents. A new study finds it delivers

Read & Share sourced from: Bloomberg

State Taxable Sales Decrease in 1st Quarter Against 2024 Numbers

By: MinotVoice

Tax Commissioner Brian Kroshus has announced that North Dakota’s taxable sales and purchases for the 1st quarter of 2025 decreased by 1.53 percent compared to the same period in 2024. For January, February, and March of 2025, taxable sales and purchases totaled $5.65 billion versus $5.74 billion in the prior year. “While we experienced a

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Why some towns lose local news − and others don’t

By: Abby Youran Qin, The Conversation

Why did your hometown newspaper vanish while the next town over kept theirs? This isn’t bad luck − it’s a systemic pattern. Since 2005, the United States has lost over one-third of its local newspapers, creating “news deserts” where corruption is more likely to spread and communities may become politically polarized. My research, published in

Read & Share sourced from: The Conversation