A California bank's decision to stop wiring money from Somali-Americans to their homeland has fueled fears that a financial lifeline will be cut, further impoverishing people in a precarious economy.
Minnesota's numbers remain well below the national unemployment rate of 5.7 percent in January.
Coming job cuts at Target Corp.'s headquarters may bring some short-term pain, but the Minneapolis economy has enough growth to tough it out, observers say.
Target executives say the retailer won't follow Walmart and the parent company of TJ Maxx and Marshalls and raise employees' pay. Target's wages are competitive, CEO Brian Cornell said.
The Minneapolis-based retailer says starting this week, it will pick up the postage for online purchases of $25 or more. Until now, the threshold had been $50.
Target's Canadian division, which filed for bankruptcy protection last month, owes millions of dollars to dozens of small and medium-sized businesses in the Twin Cities.
Target Corp. said it will cut about 350 positions in Minnesota immediately as it exits Canada. One analyst says future layoffs may be inevitable if earnings don't meet expectations.
In a legal agreement, Target has prohibited the companies handling the sales from using the phrase "going out of business."
Authorities arrested a person they say illegally bought a gun for Raymond Kmetz, who opened fire at New Hope City Hall and was killed by police. Two more guns were found.
Twin Cities businesses that help Somali-Americans wire cash to east Africa are again at risk of shutting down.
Under the new rules, all homes that are 4,500 square feet or larger (including basements) must have fire sprinkers, a requirement the Minnesota State Fire Chiefs Association applauds.
Lakeville-based MOM Brands makes Golden Puffs, Frosted Mini Spooners and other cereals as well as hot wheat and oatmeal products.
Minnesota's December rate remains significantly lower than the U.S. rate of 5.6 percent, but not all is well on the state's job front.
U.S. Bank CEO Richard Davis says he expects a big boost in borrowing against lines of credit at current interest rates if business customers think the fed is about to pull the trigger.
"Move-up" buyers are starting to look for more expensive homes, observers say, though the long term trend among young buyers remains a concern.