Target Corporation reports the massive data breach last year and the company's troubled foray into Canada helped reduce its net income by 46 percent.
The First Farmers & Merchants National Banks of Grand Meadow, Cannon Falls, Luverne, Fairmont, and Brownsdale claim they've suffered substantially because of the Target data breach.
On a corporate website and Twitter, Steinhafel said the company showed its commitment to operating with "full transparency" last month when Target said cyberthieves had stolen names, addresses and other personal information of up to 70 million customers.
Analysts anticipate Target will be hit hard by the massive theft of customer data late last year, the retailer's disappointing entry into Canada and the general weakness of the retail sector.
Target officials have been invited to describe how the theft happened and what's being done to avoid such lapses in the future.
Twin Cities residents opposed to revised flight paths at Minneapolis-St. Paul International Airport have won a victory in their attempt to block changes that would have concentrated noise over some homes in South Minneapolis and Edina.
An MPR News investigation found the Archdiocese of St. Paul and Minneapolis has dealt with allegations and suspicions of child sexual abuse involving at least 70 clergy members since 1950 -- nearly double the church's official count.
An MPR News investigation found the Archdiocese of St. Paul and Minneapolis has dealt with allegations and suspicions of child sexual abuse involving at least 70 clergy members since 1950 -- nearly double the church's official count. Explore an interactive database with details of the allegations against those priests, deacons and monks, along with the locations of their service and their current status.
During an investment conference in Florida today, General Mills officials told reporters that the company will look for opportunities to expand its snack, ice cream and other businesses in fast-growing markets such as China, India and Indonesia.
Shares of Medtronic fell as much as 3 percent Tuesday after the company reported a big drop in its third-quarter profit.
The massive theft of customer information from Target is changing the landscape. That theft is producing more political, consumer and industry interest in making payment cards much more secure than they have been.
Both markets include hub airports for Delta Airlines, which captures about 80 percent of the travelers on the route and has offered the only nonstop service. Its one-way fares on the route averaged nearly $350 in the spring of last year.
The company provided no reason for the departure of chief executive John Gilbert, but investors seemed to like the news.
A federal source with knowledge of the investigation confirms authorities are trying to determine if hackers gained access to Target's computer systems by stealing log-in and password information from the contractor, Fazio Mechanical Services.
The hackers who stole data on millions of Target customers broke into the retailer's computers using information lifted from a Pennsylvania heating and cooling contractor, a prominent technology reporter said Wednesday.