The 40th annual Twin Cities Auto Show is underway at the Minneapolis Convention Center. Crowds of people come to admire the pristine new vehicles, many with dreams of owning one. But this year more visitors are likely to put their money where their dreams are. New car and truck sales have been on the upswing.
The state Department of Revenue advises taxpayers to not use TurboTax products until the department is convinced all software flaws are corrected.
Boston Scientific has alerted physicians about a problem with its new generation of defibrillators.
Walmart plans to break ground early next year on a huge distribution center in Mankato. The 420,000-square-foot center will handle perishable groceries and is expected to add millions of dollars to the city's tax base, as well as some 300 jobs.
Best Buy wants employees working more at the office, rather than telecommuting.
Target opens its first stores in Canada Tuesday, with three pilot stores near Toronto.
Best Buy's future is less cloudy today, at least the immediate future. Founder Dick Schulze has dropped for now his months-long quest to buy the company and take it private. The retailer also reported improved financial results for the quarter that included Christmas. The company posted a loss of $400 million, much smaller than the $1.8 billion loss in the same quarter a year ago.
Best Buy's earnings report comes just hours after a midnight deadline for company founder Richard Schulze to make an offer to buy the company. The deadline came and went with no announcement of any offer or deal.
Shares of Best Buy fell one percent Thursday, as the trading day came and went with no word of a buyout offer from founder Richard Schulze.
Target's fiscal fourth-quarter net income dipped 2 percent as it dealt with intense competition during the crucial holiday season.
Best Buy founder Richard Schulze has today and tomorrow to finalize a bid for the company he led for more than four decades. MPR's Cathy Wurzer spoke with reporter Martin Moylan, who has been following the Best Buy saga.
The company says the move will save $150 million and is only the first phase of a $725 million cost-cutting program announced last fall.
Mayo Clinic wants to invest billions of dollars of its own money in a project aimed at bolstering the medical center's position as a world destination for health care. The clinic is now trying to line up state subsidies and private investors to round out financing for what would be a grand expansion. But does Mayo itself have the money needed to pull off such a huge project?
Employers in the Twin Cities reached an agreement Saturday afternoon with janitors to avert a strike. But hundreds of security guards who work at corporate headquarters and other big metro office buildings could go on strike next week.
Time is running out for Best Buy founder Richard Schulze to make a bid this month for the struggling retailer.