The U.S. Department of Energy will rewrite energy efficiency standards for furnaces that were scheduled to go into effect in May for Minnesota and other northern states. The agency was poised to require newly installed furnaces in those cold-weather states be at least 90 percent efficient.
The Federal Food and Drug Administration has released a warning letter to Little Canada-based St. Jude Medical over a plant in California that develops the wires connecting an implantable defibrillator to a patient's heart.
St Jude Medical has received a warning letter from the FDA concerning shortcomings found in the testing of medical device components at a California plant.
Best Buy shares rose more than 16 percent today to $14.21, following a better-than-expected holiday sales report.
Struggling grocery giant Supervalu is selling five of its chains to an investor group led by Cerberus Capital Management in a deal valued at $3.3 billion including debt.
St. Jude Medical is taking steps to address government concerns about quality control issues related to the testing of medical device components.
At the Consumer Electronics show in Las Vegas, 3M is showing off a very large touch-screen.
Target's sales last month fell a bit short of analysts' expectations, but the retailer says fourth-quarter earnings will meet or possibly beat the low end of a prior forecast.
It seems that virtually every retailer has a program to reward loyal customers, and most shoppers eagerly sign up, looking to save money wherever and whenever they can. Target, Cub Foods and Best Buy all say it's rewarding for their shareholders to reward their customers.
It has been a very bad year for Best Buy and Supervalu, two of Minnesota's biggest public companies. Both stumbled badly in 2012, and questions persist about what will be left of each company a year from now.
With Christmas over, Best Buy, Target and other retailers are eager for shoppers to redeem billions of dollars in gift cards they received as holiday presents.
Retailers are expecting an OK, but not great, holiday season.
The FDA added its warning to Medtronic's letter to doctors last month that motors may stall on some SynchroMed pumps, potentially leading to a return of symptoms and possibly death.
Wells Fargo says some customers are still having what it calls intermittent access to the bank's website.
Many Wells Fargo customers have been having trouble accessing the bank's online services.