State investment board rejects call to divest Israeli bonds

Palestinian advocates have filed a lawsuit claiming it's illegal for Minnesota to hold Israeli bonds because Israel violates international law in its treatment of Palestinians. Governor Dayton says the group is entitled to disagree with the investment, but he says calling it illegal is not responsible.
Author:
Publish date:
Social count:
0

Palestinian advocates have filed a lawsuit claiming it's illegal for Minnesota to hold Israeli bonds because Israel violates international law in its treatment of Palestinians. Governor Dayton says the group is entitled to disagree with the investment, but he says calling it illegal is not responsible.

Related

Delta Air Lines investing in Minnesota

The Atlanta-based airline says the Twin Cities is a key part of its operations. Delta's senior vice president of Minnesota operations told the Star Tribune the airline is investing more than $3 million in new equipment at the Minneapolis-St. Paul International Airport. Delta already employs 12,000 people in Minnesota and plans to add 400 positions in June.

Court ruling means lower interest payments on state bonds

Minnesota’s Management and Budget Commissioner Jim Schowalter tells the Pioneer Press a state Supreme Court decision on refinancing bonds "will save Minnesota taxpayers tens of millions of dollars." The justices ruled the state can use future revenue from its 1998 settlement with tobacco companies.

3M to invest $50 million in China

A 3M executive says the $50 million investment is part of a "five-year strategy for China to increase annual sales 15 to 20 percent." The Maplewood-based manufacturer plans to develop new technology and products for the China market -- 3M's biggest overseas market.

Next Up