Finance & Commerce

Anne Bretts April 4, 2020 6:30 am


Upscale empty nesters are proving eager to trade big family homes for villas and townhomes like this model in Waterford Landing in Victoria. Plymouth-based Charles Cudd Co. sold this three-bedroom, three-bath, 3,842-square-foot home at 6675 Waterford Lane on March 24 for $1 million. (Submitted photo: Spacecrafting)

Some parents barely finish cleaning after their youngest child’s graduation party before the moving truck pulls into the driveway.

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The Texa-Tonka Shopping Center at 8000 Minnetonka Blvd. in St. Louis Park has numerous empty retail bays as it undergoes a renovation. Center owner Paster Properties is continuing renovation work at a number of its retail properties, even as many tenants are no longer able to pay rent. (Staff photo: Matt M. Johnson)

Retail property owners nationwide have seen income from their properties drying up.

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Katie Kalkman

Katie Kalkman was already an old hand at running a mission-driven business when she launched Impact Hub Minneapolis-St.Paul.

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Traffic on Interstate 35W headed toward downtown Minneapolis Friday as seen from the 40th Street Bridge. That stretch of freeway is part of the $243 million overhaul of I-35W, which continues this construction season. (Staff photo: Brian Johnson)


In this May, 12, 2012 file photo, Peter Castelli, a vice president with JP Morgan, works in his firm's booth on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

Nonbank financial firms spent years lobbying against tougher regulation and stricter capital requirements.

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A Home Depot customer pushes a cart loaded with supplies, Friday, April 3, 2020, during the coronavirus pandemic in New York. (AP Photo/Mark Lennihan)

A much bigger decline expected in coming months.

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In this Thursday, April 2, 2020, photo, a man disembarks from a bus at an expressway gate at the border of Wuhan city in central China's Hubei province. Millions of Chinese workers are streaming back to factories, shops and offices but many still face anti-coronavirus controls that add to their financial losses and aggravation. In Wuhan police require a health check and documents from employers for returning workers. (AP Photo/Ng Han Guan)

Chinese leaders are trying to revive the economy, but local officials under orders to prevent new infections are enforcing disease checks.

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