Opening Belz, Nov. 9

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What are the forces moving the Minnesota economy? Adam Belz tries to identify the trends and show the connections between Minnesota and the larger U.S. and global economies. You can connect with him on Twitter: @adambelz

Opening Belz, Nov. 9

Posted by: Adam Belz under Business trends Updated: November 9, 2012 - 9:53 AM

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Obama will address “fiscal cliff” in speech at noon today – Reuters
A nice visualization of the cliff’s spending cuts and tax increases – WSJ
America’s budget problem is health care spending – Incidental Economist
Caterpillar to close logging equipment factory in Owatonna – People’s Press
Quick subway repairs border “on the edge of magic” – NY Times
No vote on GMO-labeling prop is victory for food companies – StarTribune
The LA Times is glad the “sloppy” initiative failed – LA Times
Stillwater “fraudster” gets 6.5 years for complex mortgage schemes – StarTribune
In small towns, “it’s hard to compete with a newspaper that has a shopper” – Pine Journal
New owners say 50 Below’s 200 jobs to stay in Duluth – Duluth News Tribune
In Marinette, work begins on the USS Detroit, a new corvette battleship – Journal Sentinel
Russian investor slashes stake in Groupon, Facebook, Zynga – Crain’s Chicago