Medtronic's deal to buy Ireland-based competitor Covidien is the latest in a series of acquisitions by medical-device manufacturers. The companies are seeking to expand their offerings and contain costs in response to price curbs forced by the nation's new health care law.
Target employs about 31,000 people in Minnesota. The retailer and its predecessor -- the Dayton Hudson Corp. -- have always had a CEO with a Minnesota connection. So far, all have emerged from within the company.
At a Target shareholder meeting in Dallas, four of 10 board members received less than 80 percent of shareholder votes cast, including Roxanne Austin, the board's interim chair. Three others fell far short of the vote of 90 percent or more that corporate board members generally receive.
A big shareholder advisory firm had urged investors to vote out seven of 10 board members, because of a massive data breach last year.
Target's shareholder meeting Wednesday afternoon in Dallas is likely to produce some fireworks. Some shareholders plan on voting against a number of board members in protest, and the group Moms Demand Action for Gun Sense in America is planning a "Stroller Jam."
Target says liquor sales at the Otsego store will be part of a pilot program to provide customers with one-stop shopping.
A store worker in Myrtle Beach found a handgun filled with eight bullets in the toy aisle.
In the wake of gun rights advocates bringing rifles into Target stores in Texas and several other states, the retailer suddenly finds itself in the middle of an apparent battle between them and people who want it to prohibit guns in stores.
In the suit filed last week in federal court in Tennessee, Humana charges that Medtronic paid at least $210 million to leading spine surgeons. Humana claims that compensated physicians minimized the dangers and exaggerated the effectiveness of the product.
Institutional Shareholder Services on Wednesday targeted those Target board members who serve on the company's audit and corporate responsibility committee after a massive pre-Christmas data breach.
Best Buy's financial results Thursday fueled a battle among bullish commentators and bears who saw doom. One Wall Street analyst said the Best Buy's turn-around initiatives were starting to help the bottom line.
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.