Evan Ramstad
Deputy Business Editor and Columnist at The Minnesota Star Tribune
business columnist @startribune; likes kimchi fries, sundubu, mapo tofu, lefse, steak.
Articles
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1 week ago |
startribune.com | Evan Ramstad
UnitedHealth Group on Thursday joined the new club of very large American companies experiencing very large single-day stock losses, with a 23%drop wiping out more than $100 billion of shareholders' value by midday. The plunge marked investors' reaction to a substantially lower projection from UnitedHealth executives for the full-year performance of Minnesota's largest company.
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1 week ago |
startribune.com | Evan Ramstad
No two market downturns are the same - as is evident in the surprising recent upward movement of UnitedHealth Group's stock. Five years ago,as the COVID-19 pandemic arrived in the U.S., shares in Eden Prairie-based UnitedHealth Group plummeted 36% from February to April 2020, then quickly recovered as portions of the economy reopened and hospitals managed the initial wave of victims.
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1 week ago |
startribune.com | Evan Ramstad
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2 weeks ago |
startribune.com | Evan Ramstad
I believe President Donald Trump's trade war will drive the U.S. and perhaps the world into recession. It's terrible and unnecessary. Minnesota has farmers, transportation and medtech industries that rely heavily on exports and retailers like Target and Best Buy that are major importers. The mystery now isn't how badly Minnesotans will be hurt by Trump, but how we'll respond.
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2 weeks ago |
startribune.com | Evan Ramstad
Novelist Steve Almond, in his 2004 nonfiction book "Candyfreak," about his obsession with candy, mused about how small his life as a college writing instructor in Boston was compared to that of a "chocolate engineer" he met in New Hampshire. That's how I felt when I visited Abdallah Candies in Apple Valley and company president Steve Hegedus stepped into the tiny visitor lobby to greet me wearing a hair net and smock.
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Wall Street Journal reporter Evan Gershkovich has been unjustly held in Russia for 50 days. Journalism is not a crime. #IStandwithEvan https://t.co/GNteaIh0Wm
Minneapolis Fed's Kashkari says he's 'open minded' about a 1-percentage point rate hike this month https://t.co/DQbFRMxlBo
Dry conditions are hurting Minnesota's cattle farms first. Nearly half the state's pastures are in poor to very poor condition. Just 11% of crops are that bad. https://t.co/qCGIvZdryF
