Maplewood state senator arrested on suspicion of second DWI

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A state senator from Maplewood was arrested on suspicion of driving while impaired early Thursday morning. It’s his second drunken driving arrest while serving in the Minnesota Legislature.

Sen. Tou Xiong, DFL-Maplewood, was booked into the Ramsey County jail just before 4 a.m. Thursday on suspicion of third-degree DWI. He was released after 6:30 a.m. and has not yet been charged with a crime.

The Minnesota State Patrol said a trooper stopped a Honda CR-V on U.S. Highway 36 near McKnight Road in Maplewood around 2:40 a.m. Thursday, after noticing the vehicle was weaving in its lane and failing to use a signal.

Xiong gave a breath test that estimated his blood alcohol content was 0.09, the patrol said. The legal limit to drive in Minnesota is 0.08.

In a statement provided by the Senate Democratic-Farmer-Labor caucus, Xiong said police pulled him over near his home while he was driving back from a family gathering.

“I take full responsibility for my actions, and sincerely apologize to my constituents and the people I’ve let down,” Xiong said. “I want to thank law enforcement for doing their job to keep the roads safe. Today, I have begun the work of talking to my family and to my Senate colleagues about the situation.”

Tou Xiong, a state Representative from Maplewood, was arrested on Jan. 8, 2022, and accused of driving while impaired. (Courtesy of Anoka County Sheriff’s Office)

Xiong represents Senate District 44, which includes Little Canada, North St. Paul Oakdale and parts of Maplewood. He was elected to the district in 2022.

Xiong, who is serving his first term in the Minnesota Senate, was charged with DWI in 2022 while serving his second term as a state representative.

In January of that year, a Blaine police officer pulled Xiong over and found his blood alcohol content was 0.11. After news reports emerged of his charges, Xiong said he had made a “terrible mistake.”

As part of a plea agreement, Xiong pleaded guilty to having a blood alcohol concentration above 0.08 within two hours of being pulled over.

The Anoka County judge allowed a fourth-degree DWI charge to be dismissed, gave Xiong a year of probation, and ordered him to pay a $288 fine, according to court records.

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Warren Buffett’s company reveals new investments in Nucor, homebuilders Lennar and DR Horton

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By JOSH FUNK

OMAHA, Neb. (AP) — Berkshire Hathaway revealed three new investments Thursday in steelmaker Nucor and two of the nation’s biggest homebuilders — Lennar and DR Horton — but none of the investments are big enough to ensure that legendary investor Warren Buffett handled them.

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Buffett, who plans to retire as CEO at the end of the year after six decades of building Berkshire, handles all of the conglomerate’s biggest investments worth $1 billion or more. All three of these new investments disclosed Thursday in a filing with the Securities and Exchange Commission are worth less than that, so they could be the ideas of one of Berkshire’s two other investment managers.

Berkshire’s filings simply offer a snapshot of its $258 billion portfolio at the end of the second quarters. Many investors comb through Berkshire’s filings every quarter because they like to follow Buffett’s moves. His record of trouncing the S&P 500 for decades has inspired legions of followers.

The filing doesn’t make clear who at Berkshire handled each investment. Besides Buffett, Ted Weschler and Todd Combs also pick stocks, but they generally handle smaller portfolios and Combs also serves as Geico’s CEO. But Buffett has had a hard time finding stocks or any other investments in recent years that he wants to invest much of Berkshire’s $344 billion cash in.

Berkshire’s Nucor stake of 6.6 million shares was the biggest new investment worth roughly $857 million at the end of the quarter. Shares of that company rose more than 6% in extended after-hours trading.

The Lennar investment was worth nearly $800 million. While the DR Horton stake was much smaller worth $191.5 million. Those companies’ stocks also saw gains in late trading

Buffett already knows quite a lot about the home building business because Berkshire owns the nation’s largest manufactured homebuilder, Clayton Homes.

Besides stocks, Berkshire owns dozens of companies in a variety of industries including Geico insurance, BNSF railroad, several major utilities and an assortment of manufacturing and retail companies. The Omaha, Nebraska-based company’s holdings include many well-known brands like See’s Candy and Dairy Queen.

Midtown South Rezoning Passes City Council With Ease

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The councilmember-led rezoning passed through the land use process without much controversy. Is it a sign of changing attitudes on housing development?

City housing officials and Councilmembers Keith Powers and Erik Bottcher, who represent the Midtown South rezoning area, at a press conference ahead of Thursday’s vote. (Dept. of City Planning)

In the coming years, Midtown could get nearly 10,000 new homes, including over 3,000 affordable units, as the City Council voted to advance the neighborhood’s rezoning Thursday afternoon. 

Neighborhood rezonings can be politically contentious, but the Midtown South plan rolled through the City Council by a vote of 43 in favor and zero opposed.

Lawmakers said it’s a sign of changing attitudes on new development, and the right concoction of local support and a struggling market for offices amid a housing shortage.

“This is a rare instance where the Council members brought forward the idea of rezoning this area for housing,” said Councilmember Keith Powers, who represents large portions of the rezoned district, and of East Midtown north of 14th Street.

Often, the city leads applications for neighborhood rezonings and then negotiates with local councilmembers. This time, he and neighboring Manhattan Councilmember Erik Bottcher, “needed to figure out not if we wanted to do it, but exactly how we could,” Powers said.

Midtown South, a rezoning area that stretches from 8th to 5th avenues between 23rd and 41st streets, is dense and filled with a lot of office space, including many buildings that haven’t recovered from pandemic slides in demand. 

The rezoning targeted spots that could be prime for office-to-residential conversions, while also making room for a lot more housing thanks to the area’s high density. It will be the largest neighborhood rezoning in two decades, officials said Thursday.

A rendering of the areas targeted by rezoning, which would look to spur new housing where residential development is currently restricted. (Dept. of City Planning)

“We’re trying to attend to the needs of properties that are having a difficult time right now and also bring in new housing for an area that we think will be really appealing for people,” said Powers. “That’s solving two citywide problems.”

The plan also included open space and pedestrianization efforts for some of midtown’s congested streets, as well as reviving a stalled proposal for a dedicated busway across 34th Street, which will link residents and those passing through with some of the city’s largest transit and event hubs near Penn Station.

The harder fight may have been won at the state level in 2023. The rezoning will be the first to make use of new zoning tools New York State gave the city, which lifted a state-imposed cap on residential density and expanded tax incentives for office conversions. It also builds on citywide zoning changes to unlock greater density passed as part of the Council and City Hall’s December agreement on the “City of Yes for Housing” plan.

“This is exactly where we should be building housing. It’s unfathomable that in an area this central with a housing crisis this dire, that if you wanted to build housing, our own rules would not allow it,” said Dan Garodnick, chair of the City Planning Commission.

Garodnick warned that while the plan would make office conversions more viable, they remain a complicated puzzle given the light and air requirements, layout of office buildings, and expenses involved in construction. The Department of City Planning officials said they can’t currently name any projects in the area seeking conversion.

Under current City Council practice, land use changes usually need the sign off of the local member under a practice called member deference, where the Council defers to local representatives on projects in their own districts.

The mayor’s Charter Commission has recently taken aim at some of those practices, which Commission leaders told City Limits can result in the loss of potential housing. But most of the City Council remains opposed to the ballot measures, which voters will weigh in on this November.

It’s why Powers’ and Bottcher’s early support for the plan stood out.

“Under the current dynamic of land use in New York City, the ability to succeed on a significant initiative like this is largely dependent on willing local representatives who are ready to show leadership on housing. We were grateful to have that here,” said Garodnick.

No project is without its critics, but Midtown South’s easier political path could be a sign of warming to housing development in the City Council. 

“There’s definitely an attitude that is changing,” said Powers. “We’re seeing more Council members willing to step forward and raise their hand in support of building more housing and addressing citywide needs in their districts.”

He added that the neighborhood’s existing density and strong transit infrastructure could make it less controversial than rezonings in other parts of the city.

The tide may even be turning in community boards, which have been slower to welcome new housing. Manhattan Community Board 5, which covers the heart of Midtown, gave the plan a thumbs up during their review earlier in the review process. Manhattan Community Board 4, which covers Midtown East, disapproved of the plan.

After advancing City of Yes for Housing earlier this year, the Adams administration has also pushed through two neighborhood rezonings, along the Bronx Metro North Station area and along Atlantic Avenue in Brooklyn

The city’s Jamaica neighborhood plan passed the City Planning Commission Wednesday and will be next up for the City Council to review. Another plan to zone for more housing density in Long Island City will reach the City Planning Commission in September.

To reach the reporter behind this story, contact Patrick@citylimits.org. To reach the editor, contact Jeanmarie@citylimits.org

Want to republish this story? Find City Limits’ reprint policy here.

The post Midtown South Rezoning Passes City Council With Ease appeared first on City Limits.

Minnesota down 4,400 jobs in July as labor force indicators cool; unemployment at 3.5%

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Minnesota lost 4,400 jobs in July, and the unemployment rate increased two-tenths of a percentage point to 3.5%, data from the state Department of Employment and Economic Development released Thursday show.

Most state labor force indicators saw mild signs of slowing in July, reflecting national trends. More than 1,700 Minnesotans left the labor force — and the labor force participation rate ticked down one-tenth of a percentage point to 68.1%. This measures the number of people working or actively seeking work as a percentage of the population.

But Minnesota’s over-the-year job growth was stronger than the nation as a whole, DEED said in its release Thursday. Over the past year, Minnesota gained 35,275 jobs, or 1.2%, with the private sector growing by almost 29,200 jobs, or 1.1%.

“We may now be seeing results of mass federal layoffs and funding interruptions, erratic tariffs and shrinking immigration,” said DEED Commissioner Matt Varilek in the release. “Even so, some of the favorable qualities about Minnesota’s labor market remained consistent in July, with low unemployment, significant wage growth and high labor force participation.”

Average hourly wages for the Minnesota private sector increased 99 cents to $40.09 in July over-the-month, while over-the-year average hourly earnings increased $2.44, up a notable 6.5%, DEED said. For the U.S., private sector wages decreased 4 cents over the month and grew 3.8% over the year.

Eight employment supersectors lost jobs, including Government (down 3,500 jobs, or 1.2%); Professional & Business Services (down 2,300 jobs, or 0.6%); and Trade, Transportation and Utilities (down 2,100 jobs, or 0.4%).

Most of these trends are shared by the United States as a whole: the nation’s unemployment rate is 4.2% and the labor force participation rate is 62.2%.

Of alternative measures of unemployment, the broadest, called the U-6, was flat at 7% in July but up from 5.9% a year ago, DEED said. This measure factors in people who have voluntarily left the labor force, such as stay-at-home parents, discouraged workers who have stopped seeking jobs, and part-time or otherwise marginally employed workers.

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