Northwest benefits of local headquarters?

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Former Commerce Commissioner Mike Hatch says the state should hold hearings on the Norwest bank merger. Hatch, who is running for attorney general, says state officials should be alarmed with the bank's merger with California-based Wells Fargo but he acknowledges there's little the state can do legally to stop the merger. Losing a major corporate headquarters always hurts a city's pride and loosens the philanthropic bonds between a company and the local community. Hurt feelings aside, the economic question that matters is what does this move mean for Minnesota business? Will it be harder to borrow the money they need to expand? Will job growth suffer? Will entrepreneur dreams go unfunded? Minnesota Public Radios Chris Farrell reports.

Funders

In 2008, Minnesota's voters passed the Clean Water, Land and Legacy Amendment to the Minnesota Constitution: to protect drinking water sources; to protect, enhance, and restore wetlands, prairies, forests, and fish, game, and wildlife habitat; to preserve arts and cultural heritage; to support parks and trails; and to protect, enhance, and restore lakes, rivers, streams, and groundwater.

Efforts to digitize this initial assortment of thousands of historical audio material was made possible through the Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund. A wide range of Minnesota subject matter is represented within this collection.

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