Business & Economy – Page 5 – TheMinotVoice.com

‘Brain drain’: International medical grads in Saskatchewan struggle to become doctors

by: Josh Wolsky | January 10, 2023

What if you left your home country, completed your education and professional training abroad, and then returned home only to discover you couldn’t get a license to work? What if, at the same time, there was a labor shortage of the expertise you hold? Well, that’s the problem Canada is having with medical doctors, and,

Read & Share sourced from: Regina Leader Post

Following Fufeng uproar, bill would bar foreign governments from buying ag land in North Dakota

by: Josh Wolsky | January 10, 2023

A Bismarck legislator introduced a bill to prevent foreign governments from purchasing and holding agricultural land in North Dakota. It’s the latest in the Fufeng saga. Fufeng announced its intentions to build a corn milling plan in Grand Forks in late 2021, and opposition quickly arrose out of national security concerns related to a Chinese-owned

Read & Share sourced from: Grand Forks Herald

East Grand Forks Theater maintains strong employee retention and satisfaction amid tight labor market

by: Josh Wolsky | January 10, 2023

It’s heard everywhere these days — young people don’t want to work; employees are impossible to find and keep. But for one East Grand Forks business, the River City Cinema, owner Penny Stai has found success in keeping employees by being flexible, offering perks, and creating a fun business culture. It’s a lesson every struggling

Read & Share sourced from: Grand Forks Herald

Demand for Wyoming coal is collapsing. Seismic changes are ahead for the state.

by: Josh Wolsky | January 9, 2023

This story matters in Minot and North Dakota as much for the content as for the source. It’s common to see this type of headline from a national news source, but this story is local, from the heart of Wyoming. And the story is that of a local economy looking at a hard truth coming.

Read & Share sourced from: Casper Star Tribune

Trinity rejects MAGIC Fund loan

by: Josh Wolsky | January 9, 2023

Toward the end of last year, Trinity Health made a request to the MAGIC Fund, the City of Minot’s economic development resource, for proposed improvements to the soon-to-open new hospital. City Council amended the request for a grant and converted it to an offer for a loan with a portion forgivable. Jill Schramm with the

Read & Share sourced from: Minot Daily News

BisMan Community Food Cooperative permanently closing; why it matters in Minot

by: Josh Wolsky | January 9, 2023

They gave it a six-year go, but it’s at the end. The directors of the Bisman Food Cooperative are closing the doors for good. They could not find a sustainable operating model. Blake Nicholson and David Velazquez with the Bismarck Tribune have the full story. Why does it matter in Minot? One of the common ideas

Read & Share sourced from: Bismarck Tribune

Gambling in North Dakota has become a cut-throat, billion-dollar industry with little oversight

by: Josh Wolsky | January 5, 2023

Charitable gaming has quietly become a big business in North Dakota, a nearly $1.7 billion dollar business in 2022. And it’s the legalization of electronic pull-tab machines (the polite way of saying slot machines) that’s multiplied the haul. E-tab machines accounted for nearly 90% of the revenue last year, and with that kind of money

Read & Share sourced from: InForum

Wanna Know Where That Thing You Just Bought Was Made?

by: Josh Wolsky | January 5, 2023

The amount of ‘stuff’ inundating our lives is enormous. Have you ever wondered where it came from? In a world where drop-shipping and rebranding are quickly becoming the standard, it’s getting harder and harder to actually know the source of that thing you’re holding or wearing right now. For the curious among us, the article

Read & Share sourced from: The Verge

The Food Chain Should Be a Food Circle

by: Josh Wolsky | January 2, 2023

From the farmers and food producers to the consumers pulling from the shelves and the multinational corporations in between, there’s a trend in the food supply toward resilience and regenerative traits. Check out this quick piece from Ellen MacArthur at WIRED on the meta-changes in attitude and culture that will likely steer the macroeconomics of

Read & Share sourced from: WIRED

The Fresh Economic Development Strategy Emerging in the Midwest

by: Josh Wolsky | December 30, 2022

It’s an idea that’s been smoldering in Minot, but it hasn’t ignited, yet. But others around us have fanned the flame, and it’s catching on like wildfire. The idea is simple: use economic development resources to improve the quality of life and place — for the people that are already here. Get the rest of

Read & Share sourced from: Route Fifty

New law makes selling homemade foods easier in South Dakota

by: Josh Wolsky | December 30, 2022

The South Dakota Legislature is making it easier for small food businesses to get started. It was a need identified coming out of the pandemic, the problem: state laws were getting in the way of food supply and resilience. Catch the full story on the deregulation process and impacts from South Dakota News Watch. And

Read & Share sourced from: South Dakota News Watch

Minnetonka’s Landing Shop sells items made by residents ages 55 to 96

by: Josh Wolsky | December 30, 2022

They say idle hands are the devil’s playground. And for a group of elderly citizen-makers in one Minnesota town, they’re occupying their time making and keeping the shelves stocked in their age-exclusive store. The Landing Shop in Minnetonka is a craft-makers consignment shop with a twist — the makers have to be at least 55

Read & Share sourced from: Star Tribune

New North Dakota office aims to coordinate energy projects

by: Josh Wolsky | December 29, 2022

A new office inside the state’s Department of Commerce will focus on the energy industry. The North Dakota Energy and Economic Coordination Office will help energy companies new and existing secure major projects within the state. The full news release from the Department of Commerce follows below. —- NEWS RELEASE, ND DEPARTMENT OF COMMERCE —-

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Flaring in North Dakota causes thousands of hospital visits, costs millions in medical expenses, study finds

by: Josh Wolsky | December 28, 2022

North Dakota has made improvements in the amount of natural gas flared as a result of oil production, but the impacts on those living closest to the activity are still significant. Patrick Springer writing at The Dickinson Press has the full story on the down-wind health costs that researchers suggest are tied to flaring.

Read & Share sourced from: Dickinson Press

NDSU Economist Has outlook positive for North Dakota

by: Josh Wolsky | December 27, 2022

NDSU Professor Jeremy Jackson is the Director of the Center for the Study of Public Choice and Private Enterprise. And in that role, he’s developed a quarterly economic forecast model. The fourth quarter model was released in November and is showing positive signs for North Dakota’s economy. Catch the full news release below. —- NEWS

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Minnesota food company’s need for cold storage spawns $40 million warehouse

by: Josh Wolsky | December 27, 2022

When it comes to helping companies grow, it’s often elements in their local supply chain that limit them. And across the country, one of the major needs for food producers is cold storage space. This story from Inforum is a gold mine in economic development lessons from finding what businesses need to investing in the

Read & Share sourced from: InForum