Minneapolis, MN
Minneapolis worker-owned bike shop to close after 22 years
A pillar of Minneapolis’s cycling community is shutting down after 22 years in business. The Hub Bike Co-op announced Friday that it’s closing both of its locations, on Minnehaha Avenue and in Dinkytown, on Sept. 30.
Brian Dowdy, a worker-owner, said that industry conditions have been unfavorable to small bike retailers.
A supply glut followed strong sales during the pandemic shutdown, and he said that the e-bike boom has been of little benefit to the Hub because many manufacturers sell directly to consumers.
Dowdy said the stores drew a diverse clientele and offered space for DIYers to learn how to repair their own bikes.
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“I think we’re of course sad about the closure and really proud of the work we’ve done as a democratically-run workplace and all the people we’ve welcomed into that shop,” he said.
People who’ve dropped bikes off to be fixed will have their repairs completed on the date promised.
Dowdy said staff and the ownership group are busy winding down the business and preparing to liquidate the inventory. He said that they’ve built valuable skill sets, and many may continue in the bike industry.
“Working at the Hub has been life-changing for a lot of us, both because we love bikes, we love what cycling does for our community, and because of the unique community of people that run that shop,” Dowdy said.
Minneapolis, MN
Minneapolis Ranked Among U.S. Cities With The Most People In Financial Distress
MINNEAPOLIS — Minneapolis is ranked among the American cities with the most people in financial distress nationwide, according to a recent analysis by WalletHub.
The personal finance website, which defines financial distress as having a credit account in forbearance or with deferred payments, looked at the country’s 100 largest cities without data limitations across nine metrics, including average credit score, change in bankruptcy filings year-over-year, and share of people with accounts in distress.
Minneapolis came in 44th on the list, between Stockton, California, at 43rd and Fresno, California, at 45th, according to the ranking.
Nationwide, the cities with the most people in financial distress were Chicago at No. 1, Houston at No. 2 and Las Vegas at No. 3, the ranking said.
“Getting out of the downward spiral of financial distress is no easy feat,” according to WalletHub analyst Chip Lupo.
“You may get temporary relief from your lenders by not having to make payments, but all the while interest will keep building up, making the debt even harder to pay off. People who find themselves in financial distress should budget carefully, cut non-essential expenses, and pursue strategies like debt consolidation or debt management to get their situation under control.”
Read more from WalletHub.
Minneapolis, MN
Whitefish council creates proclamation in solidarity with city, citizens of Minneapolis
WHITEFISH, Mont. — The Whitefish City Council in February presented and signed a proclamation expressing solidarity with the city and citizens of Minneapolis.
The proclamation states that Whitefish mourns the loss of life that occurred in Minneapolis and stands in solidarity with its residents.
It reaffirms the city’s commitment to equal treatment under the law and emphasizes that peaceful protest is a fundamental American right.
The proclamation was supported by five of the six council members.
Mayor John Muhlfeld said the action was meant to reaffirm the city’s values.
“A mayoral proclamation that is supported by five of six City Council members supporting solidarity with the city and citizens of Minneapolis, Minnesota, and reaffirming our supportive, just, equal and welcoming community,” Muhlfeld said. “I think this is somewhat overdue. Our town’s been through a lot over the years, This is more importantly to reaffirm our values as a council with our community because we care deeply about you.”
Over the last year, Whitefish has faced criticism amid rising tensions surrounding the Department of Homeland Security.
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View the full proclamation below.
Minneapolis, MN
City officials report less speeding at corners with traffic cameras in Minneapolis
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