Target's latest earnings report shows that its net income slid 16 percent from a year ago, to $418 million. More than $200 million in operating losses accounted for the bulk of the decline. In contrast, data breach costs represented a hit of only $18 million.
Larry Coss, a controversial businessman who turned a Minnesota company into the nation's leading mobile home lender, had been suffering from lung cancer for about two years, according to an assistant.
At the the end of March, 3.8 percent of mortgages on single family Minnesota homes were at least one payment past due. That was down from about 4 and a half percent in the final three months of last year.
Based in Coon Rapids, Bayer Interventional is a branch of the German pharmaceutical giant.
In an e-mail to employees at Target's headquarters and then public posting of the missive on LinkedIn, Jones said the truth hurts and Target has suffered a lot lately.
The new Delta flights, which start Sept. 14, will provide Rochester with direct service to the three largest hub airports in the airline's network.
Ten of the stores will become Cub Foods locations. Byerly's will take control of Rainbow stores in Eden Prairie and Woodbury. The six other operations will remain Rainbow stores under new ownership.
Among other things, the updated label would include information on, potassium, Vitamin D and how much sugar is added during production. Nutrition values would also be adjusted to reflect the larger portions people typically eat and drink today.
Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed a credit-card data breach.
The state Department of Natural Resources says boaters should slow down on the St. Croix River and some metro-area lakes because of high water levels. And folks should be very wary about falling into the water.
Bears are coming out of hibernation in northern Minnesota and on the prowl for scarce food. So the Minnesota Department of Natural Resources is reminding northern Minnesota residents to inspect their properties for food sources that could attract hungry bears.
The new cards will include not just computer chips but also personal identification numbers intended to fight fraud. The technology can lower a retailer's costs and liability for fraudulent transactions.
That proposed takeover would make Comcast by far the nation's leading provider of cable TV and high-speed residential Internet service, which has alarmed regulators and consumer watchdog groups.
In the past three years, Goodwill's retail sales have jumped about 75 percent to $67 million, a growth rate any business executive would be happy to brag about.
Minnesota billionaire Glen Taylor expects to close on his purchase of the Star Tribune by the end of next month, fulfilling a goal he has had for years.