Best Buy reports 1Q loss of $81M Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.4:54 p.m.
Status-quo transportation bill disappoints transit advocates Minnesota lawmakers passed a so-called "lights-on" bill for transportation this session, which doesn't include either a gas tax increase or a metro sales tax increase for transit. The bill passed without the new revenue many transportation advocates had hoped to gain for a long list of transit projects and road improvements.5:24 p.m.
Tornado plans required for Minnesota schools In Minnesota, schools are required to have plans in place in case a tornado strikes. One Minnesota school destroyed by a tornado three years ago was rebuilt with twisters in mind.5:53 p.m.
Storm Chasers Seek Thrills, But Also Chance To Warn Others
When disaster strikes, our natural instinct is to take cover and seek shelter. But in severe weather, especially the type that breeds tornadoes like we saw in Oklahoma and parts of the Midwest this week, there are those who ride toward the storm.
'Reinventing The Register' May Take Time For Square
Square is the much buzzed-about digital payments company started by the founder of Twitter. With the launch of a new product last week, we check in on the company's promise to revolutionize how we buy things.
China Builds Museums, But Filling Them Is Another Story
China has been building museums with abandon, opening about 100 annually in recent years. Two of the biggest opened on the same day last fall on opposite banks of Shanghai's Huangpu River. But filling these museums — with both art and visitors — is proving more challenging.
Apple CEO Defends Tax Practices At Senate Hearing
Apple CEO Tim Cook faced tough questions on Capitol Hill on Tuesday. He defended a tax strategy that allows Apple to avoid taxes on tens of billions of dollars of profits. Cook also called on the Congress to lower the U.S. corporate tax rate.
JPMorgan Chase CEO Spared By Shareholders
JPMorgan Chase shareholders have rejected a proposal to force Jamie Dimon to give up his dual role as both chairman and CEO of the bank. Of the shareholders who voted, 32 percent voted to split the roles. A year ago 40 percent voted in favor.
Discovering A Family Member's Lost Time In Amsterdam
When Margot Adler learned that a cousin had hidden from the Nazis in Amsterdam, she was stunned. Adler started digging around and discovered that like Anne Frank, 25,000 Dutch Jews hid, and two-thirds of them survived. Her cousin was one of them.