Minnesota Public Radio features by Martin Moylan http://minnesota.publicradio.org/about/people/mpr_people_display.php?aut_id=30131 en-us Copyright 2014 Minnesota Public Radio Fri, 18 Apr 2014 02:18:18 -0500 Minnesota Public Radio features by Martin Moylan http://minnesota.publicradio.org/standard/images/mpr003/logo_mpr.gif http://minnesota.publicradio.org/?refid=0 Consumers who engage with General Mills could be forced to give up right to sue General Mills is trying to force consumer safety and other disputes about the company's products into binding arbitration, a policy that consumer advocates find most distasteful. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/17/general-mills-binding-arbitration?refid=0 Thu, 17 Apr 2014 17:53:07 -0500 Cereal maker Post is buying Michael Foods Privately held Michael Foods makes a variety of egg, potato and dairy products. Its brands include Papetti's, Crystal Farms and Simply Potatoes. It is based in Minnetonka, Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/17/cereal-maker-post-is-buying-michael-foods?refid=0 Thu, 17 Apr 2014 07:34:12 -0500 Reports: Cereal giant Post poised to buy Minn.-based Michael Foods Michael Foods' private-equity owners have been looking to sell the maker of egg, potato and other grocery products. The company reports annual sales of about $1.5 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/16/michael-foods?refid=0 Wed, 16 Apr 2014 19:02:27 -0500 Best Buy CEO: Online retailers should collect state sales taxes Best Buy CEO Hubert Joly called on the U.S. House to join the Senate in passing a bill mandating sales tax collections. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/15/best-buy-sales-taxes?refid=0 Tue, 15 Apr 2014 19:15:40 -0500 From fish to pipes, Minnesota firms see opportunity in growing water challenge Rising concern over the supply of clean water, both in Minnesota and worldwide, is turning into what some technology companies think is a chance to grow. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/14/ground-level-beneath-the-surface-water-technology?refid=0 Mon, 14 Apr 2014 03:00:00 -0500 DNR opening more space for trout fishing The Minnesota Department of Natural Resources is giving metro-area anglers more opportunities for trout fishing, just in time for Saturday's stream trout opener. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/12/dnr-opening-more-space-for-trout-fishing?refid=0 Sat, 12 Apr 2014 10:14:32 -0500 Rogers woman charged with swindling church out of $26K A parish priest called the police to report thousands of dollars in church funds were believed to have been stolen by 49-year-old Julie Kay Rouillard, according to a criminal complaint filed Friday filed in Hennepin County District Court. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/11/rogers-woman-charged-with-swindling-church-out-of-26k?refid=0 Fri, 11 Apr 2014 17:53:22 -0500 Timberwolves owner Glen Taylor has a deal to buy Star Tribune Taylor, a billionaire, said he is purchasing the paper as a business investment, but that the community will also benefit from keeping it under local control. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/01/glen-taylor-star-tribune?refid=0 Tue, 01 Apr 2014 14:23:30 -0500 Cargill shifting IT jobs to India Company officials say they don't yet know how many employees will lose their jobs. Some will stay with Cargill and Tata will hire others. But some workers will lose their jobs in the next six to nine months. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/27/cargill-shifting-it-jobs-to-india?refid=0 Thu, 27 Mar 2014 16:18:11 -0500 Airport: Get here 2.5 hours before your flight The airport is configured with multiple, smaller checkpoints that make it hard for the Transportation Security Administration to staff, especially during a period of staffing cuts, said airport spokesman Patrick Hogan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/26/airport-get-here-two-and-a-half-hours-before-your-flight?refid=0 Wed, 26 Mar 2014 08:58:14 -0500 Union of Concerned Scientists praises General Mills for palm oil decision General Mills officials say the company is a relatively minor user of palm oil but now gets about half of its palm oil from sustainable sources. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/24/general-mills-palm-oil?refid=0 Mon, 24 Mar 2014 16:49:53 -0500 Patent trolls prompt business leaders to seek congressional action Time may be running out for patent trolls. They buy patent rights and file what often seem to be frivolous infringement lawsuits, hoping to squeeze settlement money out of their targets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/23/clock-ticking-for-patent-trolls?refid=0 Mon, 24 Mar 2014 07:10:59 -0500 Business publisher Dolan Co. files for bankruptcy The company hopes to reduce its debt by more than two-thirds, to about $50 million, and emerge from bankruptcy within two months or so. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/21/business/dolan-bankruptcy?refid=0 Fri, 21 Mar 2014 10:22:22 -0500 3M to offer audio books to libraries 3M is trying to catch up in the market for library digital media lending systems by including audio books. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/16/3m-catching-up-in-digital-media-for-libraries?refid=0 Sun, 16 Mar 2014 11:19:43 -0500 Best Buy returns to profit in 4th quarter Best Buy returned to a profit in the fourth quarter and topped Wall Street expectations as it cut costs to offset declining sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/27/best-buy-returns-to-profit-in-4th-quarter?refid=0 Thu, 27 Feb 2014 07:51:40 -0600 Data breach takes toll on Target profit 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/26/data-breach-take-tolls-on-target-profit?refid=0 Wed, 26 Feb 2014 07:08:55 -0600 Southern Minn. banks sue Target over data breach 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/25/business/southern-minn-banks-sue-target-over-data-breach?refid=0 Tue, 25 Feb 2014 10:18:34 -0600 Target CEO: Right call to disclose data theft 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/24/steinhafel?refid=0 Mon, 24 Feb 2014 19:22:06 -0600 Analysts expect poor quarterly sales from Target 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/23/analysts-expect-poor-quarterly-sales-from-target?refid=0 Sun, 23 Feb 2014 17:08:48 -0600 Minn. House committee to discuss Target data theft Target officials have been invited to describe how the theft happened and what's being done to avoid such lapses in the future. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/23/minn-house-committee-to-discuss-target-data-theft?refid=0 Sun, 23 Feb 2014 16:53:57 -0600 FAA halts flight path changes for the Twin Cities airport 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/19/faa-halts-flight-path-changes-for-the-twin-cities-airport?refid=0 Wed, 19 Feb 2014 12:08:15 -0600 Number of alleged sex abusers greater than church has revealed 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. http://minnesota.publicradio.org/collections/catholic-church/2014/02/19/investigation-more-priests-accused-of-sexual-abuse-in-twin-cities-catholic-church/?refid=0 Wed, 19 Feb 2014 04:13:33 -0600 Accused priests: Who they are, where they've served, what's alleged 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. http://minnesota.publicradio.org/collections/catholic-church/priest-list/?refid=0 Wed, 19 Feb 2014 04:07:14 -0600 General Mills looking to expand internationally 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/18/general-mills-international-expansion?refid=0 Tue, 18 Feb 2014 17:44:51 -0600 Medtronic shares drop after profit falls Shares of Medtronic fell as much as 3 percent Tuesday after the company reported a big drop in its third-quarter profit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/18/business/medtronic-shares?refid=0 Tue, 18 Feb 2014 14:21:59 -0600 US is land of opportunity for credit card fraud 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/16/us-is-land-of-opportunity-for-credit-card-fraud?refid=0 Sun, 16 Feb 2014 16:15:00 -0600 Spirit Airlines to add nonstop flight from MSP to Detroit 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/13/spirit-airlines-nonstop-detroit-msp?refid=0 Thu, 13 Feb 2014 14:14:03 -0600 Famous Dave's stock rises after CEO resigns The company provided no reason for the departure of chief executive John Gilbert, but investors seemed to like the news. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/10/business/famous-daves-ceo-steps-down?refid=0 Mon, 10 Feb 2014 13:49:50 -0600 Authorities are investigating Penn. contractor tied to Target breach 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/06/fazio-target-breach?refid=0 Thu, 06 Feb 2014 19:29:32 -0600 Report: Target hackers breached account security via Penn. heating contractor 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/05/business/target-data-security-breach?refid=0 Wed, 05 Feb 2014 13:20:06 -0600 Target executive reveals more details about data breach at Senate hearing An executive of Target Corp. says the retailer has taken actions to shore up security following the massive breach of millions of consumers' data during the holiday season. He urged banks, retailers and the government to work together to protect consumers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/04/business/target-senate?refid=0 Tue, 04 Feb 2014 17:51:23 -0600 Target's data breach link to 'the Amazon of stolen credit card information' One website that sells stolen credit and debit card information is clean and user friendly, but it's run by a sophisticated criminal who could harm naive users. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/02/stolen-credit-and-debit-card-numbers-are-just-a-few-clicks-away?refid=0 Mon, 03 Feb 2014 06:03:00 -0600 Credit unions have replaced 4 million cards affected by Target data breach The institutions aren't happy about the costs they're incurring -- an estimated $25 million to $30 million -- because of the massive data breach at Target, said Bill Hampel, chief economist for the Credit Union National Association. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/31/credit-unions-replace-cards-caught-up-in-target-breach?refid=0 Fri, 31 Jan 2014 18:34:30 -0600 Best Buy lays off 950 in Canada The consumer electronics retailer is consolidating sales departments and reducing the number of managers in Canadian stores. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/30/best-buy-canada-layoffs?refid=0 Thu, 30 Jan 2014 18:08:54 -0600 Report: 15M cards replaced over Target breach The nation's biggest banks have replaced 15 million credit and debit cards involved in the massive data theft at Target stores, according to the Consumer Bankers Association, a trade group. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/29/business/target-card-replacements?refid=0 Wed, 29 Jan 2014 13:26:50 -0600 3M to announce fourth quarter earnings The consensus of analysts following 3M is that the firm will earn about $1.1 billion on sales of about $7.7 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/26/3m-to-announce-4th-quarter-earnings?refid=0 Sun, 26 Jan 2014 09:59:22 -0600 Target exec to testify at Senate cmte. on data breaches and cybercrime Target Chief Financial Officer John Mulligan will appear before the committee, as will representatives of Consumers Union, the Federal Trade Commission, and the U.S. Secret Service and Department of Justice. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/24/cybercrime-senate-committee-hearing?refid=0 Fri, 24 Jan 2014 16:24:34 -0600 Security expert: Criminals can easily create payment card clones Thieves could buy everything needed to create fake credit cards -- a card reader, writer, printer and embosser -- for about $1,500. They could buy the devices online, or directly from manufacturers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/21/payment-cards-easy-to-clone?refid=0 Tue, 21 Jan 2014 19:18:56 -0600 Teenage Russian hacker reportedly behind Target data breach malware IntelCrawler officials say they're confident the Russian teen is the source for the computer code, given electronic evidence he has left behind. That includes online posts offering the software for sale. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/17/teenage-russian-hacker-reportedly-behind-target-data-breach-malware?refid=0 Fri, 17 Jan 2014 18:49:12 -0600 Target to test 'Express' location at U of M At 20,000 square feet, TargetExpress will be about 15 percent of the size of a typical Target store. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/17/business/target-express?refid=0 Fri, 17 Jan 2014 15:27:33 -0600 Analysts: Best Buy in a tough spot, may need to shutter stores to stay afloat Shares of Best Buy fell nearly 30 percent on Thursday after the retailer reported poor financial results from the critical holiday shopping season, despite price cuts intended to keep the company competitive with rivals such as Amazon, Walmart and Target. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/16/business/best-buy-earnings?refid=0 Thu, 16 Jan 2014 19:14:49 -0600 How Target hackers hit the bullseye RAM scrapers. Point-of-sale systems. Malicious code. Cybersecurity experts explain the tools of data thieves to take us inside the Target security breach. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/15/how-target-hackers-hit-the-bullseye?refid=0 Wed, 15 Jan 2014 17:29:03 -0600 Target urged to continue response to security breach Communications experts praise CEO Gregg Steinhafel's late response but some wonder why it took so long. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/13/target-urged-to-continue-response-to-security-breach?refid=0 Mon, 13 Jan 2014 17:39:25 -0600 Medtronic, St. Jude Medical tout 'revolutionary' new pacemakers Traditionally, pacemakers are about the size of a pocket watch. But the new, pencil-thin devices are shorter than a AAA battery, and are designed to be implanted directly into the heart. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/11/st-jude-and-medtronic-new-pacemakers?refid=0 Sun, 12 Jan 2014 15:00:00 -0600 Target data breach bigger than thought Target officials say hackers grabbed personal information of 70 million customers, including their names, phone numbers and email and mailing addresses. The company has not determined how many of those people are among the 40 million Target shoppers who had credit and debit cards number stolen from late November to mid-December. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/10/target-data-breach-gets-worse?refid=0 Fri, 10 Jan 2014 16:57:04 -0600 Minn. AG sues debt collector over alleged high interest rate charges State law only allows a maximum of 6 percent interest on such debt, but the firm -- Bradstreet & Associates -- would typically charge 22 percent interest, Swanson said. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/08/news/debt-collector-sued?refid=0 Wed, 08 Jan 2014 15:29:00 -0600 U.S. Bank expands Chicago presence With the acquisition, U.S. Bank, the nation's fifth largest bank, will substantially increase its branch network and bank deposits in the region, ending up with 180 branches, and 4 percent of bank deposits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/07/business/us-bank-expands-chicago-presence?refid=0 Tue, 07 Jan 2014 15:24:51 -0600 Federal Reserve Bank forecasts growth for Minn. economy The bank's economists project employment in the state will grow by 1.2 percent. Meanwhile, they forecast the unemployment rate will drop a bit to 4.3 percent by the fourth quarter of this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/06/federal-reserve-bank-minneapolis-forecasts-growth?refid=0 Mon, 06 Jan 2014 17:00:08 -0600 Longtime Minn. legislator Searle dead at 93 Longtime Minnesota state representative and one-time speaker of the House Rod Searle has died. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/05/longtime-minn-legislator-searle-dead?refid=0 Sun, 05 Jan 2014 18:49:14 -0600 Rybak recovering after heart attack; extent of damage unclear Physicians at Abbott Northwestern performed an angioplasty and implanted two stents to restore blood flow. Rybak is expected out of the hospital by mid-week after undergoing additional tests to determine how his heart is doing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/05/rybak-recovering-after-heart-attack-extent-of-damage-unclear?refid=0 Sun, 05 Jan 2014 17:33:20 -0600 Ponzi schemer Petters still trying for shorter sentence With the help of a fellow inmate who casts himself as a jailhouse lawyer, Petters is asking the U.S. District Court of Minnesota to reconsider a ruling by one of the district court judges, Richard Kyle. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/03/petters-appeals-decision?refid=0 Fri, 03 Jan 2014 17:50:55 -0600 East coast storm affects some travel at MSP airport As of early this afternoon, Delta had cancelled just three flights scheduled to depart from the Twin Cities to the area affected by the storm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/02/northeast-storm-affects-travel-at-msp?refid=0 Thu, 02 Jan 2014 15:16:29 -0600 Some Target gift cards hold no value after problem with activation An undisclosed number of gift cards sold to customers were "not fully activated," Target officials said. As a result, the cards may not hold the value the buyer paid for. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/31/some-target-gift-cards-failed-to-activate-hold-no-value?refid=0 Tue, 31 Dec 2013 12:35:41 -0600 Uber, other ride apps shake up Twin Cities transportation Uber is the best known of a new generation of car services sweeping the country and shaking up Twin Cities transportation. The new services offer rides in everything from limousines and high-end SUVs to the personal cars of folks looking to make money on the side by giving other people lifts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/30/business/uber-ride-apps?refid=0 Mon, 30 Dec 2013 15:37:48 -0600 Twin Cities housing construction at highest level since 2006 "The numbers are telling a good story," said David Siegel, executive director of the Builders Association of the Twin Cities. "Finally, it feels like after the Great Recession in the housing industry, we had a pretty good year in 2013." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/27/housing-construction-increases?refid=0 Fri, 27 Dec 2013 14:03:32 -0600 Target: Customers' encrypted PINs were obtained But Target says it believes the PIN numbers are still safe because the information was strongly encrypted. It says the PIN can only be decrypted when received by its independent payment processor. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/27/business/target-pins?refid=0 Fri, 27 Dec 2013 11:44:29 -0600 Consumer Reports to Target shoppers: Replace your card People should replace debit and credit cards whose numbers were recently stolen from Target, even if fraudulent charges have yet to show up, Consumer Reports says. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/26/business/target-shoppers-consumer-reports?refid=0 Thu, 26 Dec 2013 14:45:17 -0600 TCF: Target REDcard holders should replace them TCF Bank is telling customers cancel or replace Target debit cards linked to TCF accounts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/24/news/tcf-redcard-target?refid=0 Tue, 24 Dec 2013 12:25:38 -0600 Target briefs state attorneys general on data breach Target said it is working with the U.S. Secret Service and the Department of Justice on an investigation into malicious software that affected Target's check-out system in U.S. stores. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/23/target-briefs-state-attorneys-general?refid=0 Mon, 23 Dec 2013 16:21:42 -0600 $2 million in Salvation Army donations Minnesotans and North Dakotans responded strongly to an opportunity to get their donations to the Salvation Army matched by anonymous donors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/22/salvation-army-donations-spike?refid=0 Sun, 22 Dec 2013 15:34:43 -0600 Target offers more guidance on data breach In social media posts and messages sent to customers, the retailer is emphasizing shoppers will have no liability for fraudulent charges. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/22/target-watch-your-accounts-but-dont-worry-too-much?refid=0 Sun, 22 Dec 2013 12:15:35 -0600 Target: 40M card accounts may be breached The news comes just as the holiday shopping season shifted into high gear. The chain said that customers who made purchases using their cards at its U.S. stores between Nov. 27 and Dec. 15 may have been exposed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/19/business/target-reports-40m-card-accounts-may-be-breached?refid=0 Thu, 19 Dec 2013 09:24:59 -0600 Retailers lose billions when crooks exploit return policies Most major retailers, like those at the Mall of America, have return policies aimed to please honest customers. But generous policies cost retailers big time. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/17/retailers-lose-billions-when-shoppers-return-products?refid=0 Wed, 18 Dec 2013 08:00:00 -0600 More Twin Cities homes staying out of foreclosure Fewer Twin Cities homes are going into foreclosure or being sold for less than what's owed on them, and real estate brokers say that's helping the housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/11/business/twin-cities-homes-report?refid=0 Wed, 11 Dec 2013 11:53:27 -0600 Mosaic to buyback shares held by Cargill trusts The Mosaic Co., the world's largest phosphate-fertilizer producer, has agreed to repurchase about $2 billion of its shares held by charitable trusts associated with the Cargill family. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/09/business/mosaic-buy-back-cargill-share?refid=0 Mon, 09 Dec 2013 19:03:22 -0600 St. Paul to residents: Bear with us on icy roads St. Paul is urging residents to be patient as the city works to clear streets of treacherous ice and improve driving conditions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/08/weather/st-paul-asks-for-patience-with-snowy-icy-roads?refid=0 Sun, 08 Dec 2013 12:41:54 -0600 Petters' request for shorter sentence denied A federal district judge has denied Tom Petters' request for a shorter sentence and condemned the convicted fraudster's request. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/05/news/petters-request-denied?refid=0 Thu, 05 Dec 2013 17:14:18 -0600 General Mills buys Cheerios Super Bowl spot General Mills is returning to the Super Bowl, this time to advertise Cheerios. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/05/business/cheerios-super-bowl?refid=0 Thu, 05 Dec 2013 12:37:55 -0600 Cuts to public housing, pay assistance hurt state's poorest people Public housing advocates are trying to restore federal aid and increase state housing aid. Cuts to those programs hurt some of the state's poorest people to rely on them for assistance, Minnesota housing officials say. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/12/04/news/public-housing-pay-assistance-cuts?refid=0 Wed, 04 Dec 2013 17:16:55 -0600 Black Friday shoppers get early start with Thursday store openings Retailers say consumers want more time to shop. They may need it this year. Between Thanksgiving and Christmas, there are six fewer shopping days than last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/29/black-friday-shoppers-get-early-start-with-thursday-store-openings?refid=0 Fri, 29 Nov 2013 13:53:03 -0600 Housing construction in 2013 set to outpace recent years The Twin Cities metro area remains on pace for a significant rise in new apartment and home construction this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/27/business/housing-construction?refid=0 Wed, 27 Nov 2013 18:01:20 -0600 Mississippi River reopens after Monday oil spill, closure The spill happened as shippers were scrambling to move barges of grain south ahead of the river's seasonal closure. The U.S. Coast Guard says about 1,800 gallons of oil spilled into the river from a towboat that sank on Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/27/mississippi-river-reopens-after-monday-oil-spill-closure?refid=0 Wed, 27 Nov 2013 15:47:45 -0600 Retailers, analysts expecting lukewarm holiday sales On the eve of Thanksgiving, retailers are doing their best to convince tight-fisted consumers to loosen their grip on their wallets. Many big merchants expect lukewarm sales. The Great Recession has taught consumers to be more careful with their spending. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/27/business/holiday-sales?refid=0 Wed, 27 Nov 2013 04:00:00 -0600 Minn. community banks' health improves slightly The financial performance of Minnesota's 349 community banks improved slightly in the third quarter of this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/25/business/minnesota-community-banks?refid=0 Mon, 25 Nov 2013 12:21:11 -0600 Target 3Q income down by half; stung by costs of Canada expansion Target's third-quarter net income dropped 47 percent, stung by costs related to its expansion into Canada. The discount store operator's stock dropped 3.5 percent today. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/21/business/canada-costs-weigh-on-target-results?refid=0 Thu, 21 Nov 2013 18:45:55 -0600 Best Buy reports 3Q profit of $54 million Best Buy reported net income of $54 million for its most recent quarter, reversing a loss of $10 million a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/19/business/best-buy-reports-3rd-quarter-profit?refid=0 Tue, 19 Nov 2013 18:05:21 -0600 Best Buy holiday profit warnings drive down stock price Best Buy vows it will be competitive on prices during the holiday season but says that could hurt profits. http://blogs.mprnews.org/minnecon/2013/11/best-buy-holiday-profit-warnings-drive-down-stock-price/?refid=0 Tue, 19 Nov 2013 12:11:45 -0600 FDA: Faulty Medtronic heart devices can kill Federal health officials say defects in some Medtronic devices used in heart procedures could cause serious injury or death. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/18/health/medtronic-heart-device?refid=0 Mon, 18 Nov 2013 13:02:53 -0600 Is Best Buy's soaring stock value justified? Best Buy's stock has almost quadrupled in price from late December, when some thought the company was doomed. Now Best Buy is looking like a firm that has stopped the death spiral, thanks to what analysts praise as smart moves by management. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/18/best-buy-stock-on-the-rise?refid=0 Mon, 18 Nov 2013 04:00:00 -0600 Pearson Candy to add St. Paul jobs Pearson bought the Bit-O-Honey brand from Nestle USA in May and plans to move production from Illinois to Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/17/pearson-candy-to-add-jobs?refid=0 Sun, 17 Nov 2013 09:22:02 -0600 Best Buy, Target report earnings next week Wall Street investors hope for solid sales and earnings reports that bode well for the critical holiday shopping season. Investors have become especially bullish about Best Buy and its future prospects. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/16/business/best-buy-target-earnings-report?refid=0 Fri, 15 Nov 2013 19:35:01 -0600 Optical tech for cardiology treatment expected to boost St. Jude Medical Technology from Little Canada-based St. Jude Medical is giving doctors real-time detailed views of the inside of patients' arteries. The system promises to better guide treatment for patients with coronary artery disease. And the company hopes the technology will result in a billion-dollar boost in revenue. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/11/health/st-jude-optical-tech?refid=0 Mon, 11 Nov 2013 16:21:34 -0600 Best Buy to open at 6 p.m. on Thanksgiving Best Buy is joining other retailers in opening up earlier on Thanksgiving Day this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/08/business/best-buy-thanksgiving?refid=0 Fri, 08 Nov 2013 15:13:36 -0600 Medtronic, Boston Scientific to argue patent dispute before SCOTUS Two of the Minnesota's big medical device companies argue a patent dispute before the U.S. Supreme Court Tuesday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/05/business/medtronic-boston-scientific-scotus?refid=0 Tue, 05 Nov 2013 04:00:00 -0600 Shooting delays flights through LAX Travelers heading to, through or from Los Angeles may have their flights delayed Friday in the wake of a shooting at Los Angeles International Airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/01/news/shooting-delays-flights-lax?refid=0 Fri, 01 Nov 2013 16:18:01 -0500 Meetings next week on subsidized training for new manufacturing workers A local manufacturing industry trade group is trying to raise awareness of a program that subsidizes training for new manufacturing workers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/26/business/training-manufacture-worker?refid=0 Sat, 26 Oct 2013 00:00:00 -0500 Quality Software Services to help fix federal exchange website A subsidiary of Minnetonka-based UnitedHealth Group will take the leading role in fixing the federal government's health-insurance exchange website which has been plagued by delays, severed connections and other woes that prevented customers from enrolling in health plans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/25/helath/united-health-group-exchange-website?refid=0 Fri, 25 Oct 2013 18:37:00 -0500 Minnesota businesses attracting less venture capital Investors appear to have cooled on the medical device industry, which typically gets the lion's share of venture dollars in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/25/business/venture-capital-decline-minnesota?refid=0 Fri, 25 Oct 2013 16:23:33 -0500 3M net income rises in Q3 Company officials said they saw substantial improvement in operations in the United States, Western Europe and Japan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/24/business/3m-net-income-rises-in-q3?refid=0 Thu, 24 Oct 2013 13:57:34 -0500 Petters weeps during last-ditch sentence appeal "This is my only chance to clear my conscience and soul," he told Judge Richard Kyle as he cried. "I made a horrible mess of things." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/23/crime/petters-weeps?refid=0 Thu, 24 Oct 2013 06:12:43 -0500 Petters will plead guilty if he gets deal to shorten sentence Tom Petters will try to get a plea deal for 30 years in prison that he says his attorneys kept from him, though it is hard to win such a claim. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/22/petters-plea-deal?refid=0 Tue, 22 Oct 2013 14:40:22 -0500 Delta heading toward record profits Strong performances in the Atlanta, New York and London markets gave the company a lift. Passengers also increased their purchases of extras such as roomier seats and in-flight Internet access. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/22/business/delta-heading-toward-record-profits?refid=0 Tue, 22 Oct 2013 13:40:20 -0500 State patrol focuses on reducing commercial vehicle accidents Last year, 395 people lost their lives in traffic crashes in Minnesota, and about a sixth of the deaths were the result of crashes involving commercial trucks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/20/state-patrol-commercial-vehicles?refid=0 Sun, 20 Oct 2013 10:18:04 -0500 DNR to auction land in NE Minn. next week The sale will include parcels in Cook, Itasca, Lake, and St. Louis counties. Some are lakefront properties. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/19/news/dnr-to-auction-land-in-ne-minn-next-week?refid=0 Sat, 19 Oct 2013 12:23:34 -0500 Textbook company capitalizes with lower-cost alternatives Surveys indicate that in four years of study, college students will typically spend $2,500 or more on textbooks - from new books to used books and rentals. A St. Paul company is cashing in on student frustration with high textbook prices by offering less expensive electronic and print-on-demand alternatives. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/18/business/student-textbook-costs?refid=0 Fri, 18 Oct 2013 17:18:59 -0500 Wells Fargo is laying off 102 more in Minnesota The job cuts are part of a new round of some 900 layoffs nationwide. The company recently terminated the jobs of about 500 mortgage employees in the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/17/business/wells-fargo-lays-off-more?refid=0 Thu, 17 Oct 2013 16:07:11 -0500 Target asks vendors to rate products for environmental, health effects Target will begin rating thousands of cleaning, health and beauty and baby care products for their environmental and the health effects. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/17/business/target--rate-products?refid=0 Thu, 17 Oct 2013 15:33:05 -0500 Boston Scientific to pay $30 million to settle Guidant charges The government charged Guidant, a Minnesota company Boston Scientific acquired in 2006, with selling devices between 2002 and 2005 that the company knew to be flawed. As of 2010, at least 13 deaths were blamed on failed units and others were seriously injured. About 20,000 patients in the United States may have had the devices implanted. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/17/health/boston-scientific-to-pay-30-million-for-guidant-charges?refid=0 Thu, 17 Oct 2013 15:24:41 -0500 Rising traffic means more dining at Humphrey Terminal Surdyk's is the latest restaurant to open at Minneapolis-St. Paul International Airport's Humphrey Terminal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/11/humphrey-terminal-eating-options-expand?refid=0 Fri, 11 Oct 2013 16:21:47 -0500 Cargill's Q1 profits down from last year's record income Nearly three-fourths of Cargill's business units recorded profits in the first quarter. Sales were flat at $34 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/09/cargill-net-income?refid=0 Wed, 09 Oct 2013 16:48:18 -0500 Linder's out of business after more than a century The company is a victim of a weak economy, relentless price competition from big box retailers and the weather, which devastated sales this past spring, President Dave Linder said. The customer base is also shrinking as baby boomers retire to apartments and give up gardening, he added. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/09/linders-greenhouses-out-of-business?refid=0 Wed, 09 Oct 2013 15:48:54 -0500 Target laying off 150 in Twin Cities The layoffs come in areas where Target said it saw duplication or overlap of responsibilities or a need for fewer employees in the future, the company said Wednesday. About 75 percent of the cuts have been made already. Target would not discuss the types of jobs involved or what they pay. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/09/target-layoffs?refid=0 Wed, 09 Oct 2013 15:33:52 -0500 Estate tax could also bite the middle-class Many people don't realize the range of assets tax law considers part of an estate, and it could bite middle class Minnesotans who don't feel like millionaires - but in the eyes of the law, could be. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/08/finance/estate-tax-middle-class?refid=0 Tue, 08 Oct 2013 04:00:00 -0500 Supreme Court refuses to hear Medtronic appeal Medtronic was appealing a judgment that a subsidiary violated a patent of Edwards Lifesciences Corp. The patent applied to devices that repair aortic valves without open-heart surgery. Bloomberg News reports the U.S. market for the devices could reach $2.5 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/07/medtronic-supreme-court?refid=0 Mon, 07 Oct 2013 17:24:02 -0500 Minn. homeowner insurance rates soar A single insurance claim could raise a Minnesota homeowner's annual premium by about one-fifth, or $200 on an average policy, according to a new study. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/03/news/homeowners-insurance-claim?refid=0 Thu, 03 Oct 2013 17:08:11 -0500 Report: Cargill got Colombian land meant for small farmers Deals for more than 124,000 acres in recent years violate the spirit of Colombian policies intended to encourage family farming, Oxfam said in a recent report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/27/cargill-colombian-land?refid=0 Fri, 27 Sep 2013 10:21:56 -0500 Target monitors violent worker protests in Bangladesh Workers are demanding that their minimum monthly wage be raised to about $100, from the current $38. Target is monitoring the situation closely and has seen "minimal impact" on its supply chain so far. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/23/target-monitoring-bangladesh-protests?refid=0 Mon, 23 Sep 2013 16:39:21 -0500 General Mills 1st-qtr sales rise on acquisitions General Mills reported better-than-expected sales for its fiscal first quarter while net income fell. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/18/general-mills-sales-rise?refid=0 Wed, 18 Sep 2013 09:48:11 -0500 Comcast aims to boost broadband for low-income families The cable company agreed to provide the low-cost Internet service as part of a deal to get regulators to approve its acquisition of NBC. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/15/comcast-aims-to-boost-broadband-for-lowincome-families?refid=0 Sun, 15 Sep 2013 08:10:58 -0500 Cargill names new CEO David MacLennan, the company's current president and chief operating officer, will take the top job at Cargill in December. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/11/new-cargill-ceo?refid=0 Wed, 11 Sep 2013 12:19:32 -0500 Target puts up $25,000 prize for idea to promote healthy lifestyles Target is sponsoring a nationwide contest to find new ideas help people live healthier lives -- and improve the healthcare system. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/10/business/target-prize-healthy-lifestyles?refid=0 Tue, 10 Sep 2013 18:40:31 -0500 Co-founder of Kowalski's Markets dies A family member says Kowalski suffered a fatal head injury while on a fishing trip in Ontario. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/05/cofounder-of-kowalskis-markets-dies?refid=0 Thu, 05 Sep 2013 17:26:22 -0500 Rochester Medical purchased by New Jersey medical device maker Rochester Medical, a company that makes catheters and other products for home treatment of male urinary incontinence, has been purchased by New Jersey company C.R. Bard. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/04/rochester-medical-bought-by-new-jersey-company?refid=0 Wed, 04 Sep 2013 15:14:02 -0500 Mild weather lifts attendance and vendors at end of State Fair A record number of people attended the Minnesota State Fair Sunday. And more Minnesotans visited the fair on Monday than any other Labor Day. Cool weather the last two days of the fair improved the fortunes of hundreds of fair vendors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/03/2013-state-fair-attendance-totals?refid=0 Tue, 03 Sep 2013 15:34:34 -0500 Stopping seniors from getting scammed out of billions The elderly are prime targets for financial scams. The nation's older citizens are duped out of billions of dollars a year. But law enforcement agencies, advocacy groups and bankers in Minnesota are trying to educate seniors about how to detect and avoid scams that can cost them much or all of their savings. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/03/seniors-lose-billions-in-scams?refid=0 Tue, 03 Sep 2013 04:00:00 -0500 Twins deal Justin Morneau to Pirates The Minnesota Twins have traded first baseman Justin Morneau to the Pittsburgh Pirates. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/31/morneau-traded-to-pirates?refid=0 Sat, 31 Aug 2013 14:09:54 -0500 Value of land at new Vikings stadium site overstated, says public board The owner of a block of land that could be part of the new Vikings stadium project is wildly overstating the property's value, according to the board overseeing the project. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/31/vikings-stadium-land-value-dispute?refid=0 Sat, 31 Aug 2013 13:21:34 -0500 Best Buy founder Richard Schulze to sell stock Best Buy's founder and largest shareholder, Richard Schulze plans to sell an undisclosed amount of his stock in the consumer electronics retailer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/26/business/richard-schulze-best-buy-stock?refid=0 Mon, 26 Aug 2013 19:45:42 -0500 State Fair business is called good, not gold The Great Minnesota Get Together draws nearly 2 million people every summer. That foot traffic makes it a choice location for nearly 800 businesses, including newcomer Mancini's restaurant. But profits don't come easy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/26/minn-state-fair-business?refid=0 Mon, 26 Aug 2013 05:54:55 -0500 Wells Fargo cuts 161 Twin Cities mortgage jobs Wells Fargo Home Mortgage is letting some 2,300 workers go, including 161 in the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/21/wells-fargo-mortgage-job-cuts?refid=0 Wed, 21 Aug 2013 16:58:09 -0500 Target's 2Q profit falls 13 percent Target's net income fell 13 percent to $611 million in the quarter ending August 3. Sales, which were "softer than expected" according to a company news release, grew 4 percent to $17.1 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/21/business/target-2q-profit-falls-13-percent?refid=0 Wed, 21 Aug 2013 12:40:03 -0500 Earnings spike boosts Best Buy shares Best Buy shares soared 13 percent today to $34.80, more than triple their price when the swooning stock hit bottom in the days after Christmas. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/20/business/best-buy-shares?refid=0 Tue, 20 Aug 2013 13:30:46 -0500 Retailers, including Target, grapple with unsafe foreign factories Much of the clothing Americans buy is made overseas in developing nations, where workers often toil long hours in unsafe factories, risking their health and sometimes their lives for a few dollars a day. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/05/business/target-developing-nation-unsafe-factories?refid=0 Mon, 05 Aug 2013 14:50:45 -0500 Minn. PR firm acquires CRT/tanaka A local public relations and marketing firm has struck a deal that beefs up its presence in New York City and gives it offices in Los Angeles and Washington, D.C. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/29/business/padilla-speer-beardsley-acquisition?refid=0 Mon, 29 Jul 2013 13:29:37 -0500 Another record year for Minn. Lottery with sales of $560M The Minnesota State Lottery posted its sixth consecutive year of record sales for the fiscal year that ended in June. Lottery sales reached $560 million, topping the record set the previous year by $40 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/27/regional/record-lottery-sales-in-minnesota?refid=0 Sun, 28 Jul 2013 04:00:00 -0500 45 years later, Purple Heart for a Vietnam vet A local Vietnam veteran who recently died is finally being awarded the Purple Heart he earned 45 years ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/27/regional/purple-heart-for-vietnam-vet?refid=0 Sat, 27 Jul 2013 15:26:57 -0500 3M's quarterly profit up 2.6% 3M reported a slightly higher quarterly profit today. The Maplewood-based company saw revenue increases in most of its businesses, which provide products for everything from cars and planes to cell phones and TVs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/25/business/3m-quarterly-profit?refid=0 Thu, 25 Jul 2013 13:11:49 -0500 Edina's Nash Finch grocer is acquired by Michigan-based rival The 128-year-old grocer is being acquired by Spartan Stores, one of the nation's largest food distributors, in a $1.3 billion stock-swap. Layoffs appear likely, but the companies were mum on how many Minnesota jobs would be cut. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/23/business/nash-finch-grocer-acquired-by-michigan-rival?refid=0 Tue, 23 Jul 2013 06:00:00 -0500 At Medtronic, efforts by CEO Ishrak appear to be paying off Two years ago, when Omar Ishrak took over as CEO of Medtronic, the medical device manufacturer was struggling. Now, Medtronic's stock is up about 45 percent and sales are up. Ishrak has also won praise for fostering more openness about the effectiveness and reliability of Medtronic's products. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/21/business/medtronic-ishrak-tenure-as-ceo?refid=0 Mon, 22 Jul 2013 04:00:00 -0500 Global doldrums may affect 3M earnings for 2Q The 3M Co. is expected to report low-single-digit increases in sales and earnings on Thursday, when the company reveals its second-quarter performance. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/21/business/earnings-forecast-for-3m?refid=0 Sun, 21 Jul 2013 11:03:51 -0500 University Avenue business see light rail construction rebound Once the Green Line light rail cars start running next year between Minneapolis and St. Paul and bring tens of thousands of people past her door on University Avenue, Ni Dao hopes business will be better than ever for her Ha Tien BBQ and Deli. And she's not alone. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/19/business/university-avenue-business-begin-light-rail-construction-rebound?refid=0 Fri, 19 Jul 2013 06:26:35 -0500 St. Jude Medical earnings, revenue exceed expectations Shares of St. Jude Medical rose 5 percent to close at $50 Wednesday, as the company reported earnings and revenue that were higher than expected. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/17/business/st-jude-report?refid=0 Wed, 17 Jul 2013 17:24:29 -0500 Medtronic alerts of problems with insulin pumps Medtronic is alerting customers to two problems with its insulin pumps. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/12/business/medtronic-insulin-pump?refid=0 Fri, 12 Jul 2013 18:44:39 -0500 Mpls-based U.S. Bank celebrates 150th anniversary The Minneapolis-based megabank, which still runs under the Lincoln charter, is marking its 150th anniversary this week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/12/business/us-bank-150th-anniversary?refid=0 Fri, 12 Jul 2013 15:27:39 -0500 Target, Walmart commit to improving worker safety in Bangladeshi factories Nearly 20 retailers, including Target and Walmart, have unveiled a plan for improving worker safety in Bangladeshi garment factories. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/10/target-commited-to-improving-worker-safety-in-bangladesh?refid=0 Wed, 10 Jul 2013 14:53:05 -0500 Cargill, CHS, ConAgra deal draws Justice Dept.'s attention A proposed flour milling joint venture of Cargill, CHS and ConAgra is drawing attention from the federal government. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/05/business/cargill-chs-conagra-flour-mill?refid=0 Fri, 05 Jul 2013 19:33:26 -0500 Best Buy shares up 9% to nearly $30 Best Buy shares jumped up 9 percent today to nearly $30. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/01/business/best-buy-shares-up?refid=0 Mon, 01 Jul 2013 16:25:42 -0500 Index: Slower growth expected for Minn. manufacturers A key economic measure from Creighton University indicates manufacturers in Minnesota continue to expect growth in coming months, but perhaps more slowly than last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/01/business/slower-growth-expected-manufacturers?refid=0 Mon, 01 Jul 2013 15:51:54 -0500 Delta fine prompts reminder: Passengers should know rights on being bumped Travel experts say a big fine levied on Delta Air Lines shows that consumers should be familiar with airline bumping rules to protect themselves. Federal regulators recently fined Delta $750,000 for involuntarily bumping passengers from overbooked flights. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/29/business/delta-bumping-passengers-rules?refid=0 Sun, 30 Jun 2013 04:00:00 -0500 Target cuts ties with Paula Deen The fallout builds from revelations that the Southern celebrity chef used racial slurs in the past. Diabetes drug maker Novo Nordisk also joined the companies distancing themselves from her. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/27/business/target-cuts-ties-with-paula-deen?refid=0 Thu, 27 Jun 2013 11:08:16 -0500 General Mills quarterly earnings up 13% General Mills' is reporting that quarterly earnings rose 13 percent to $366 million. But the food company lowered its earnings forecast slightly for its coming fiscal year, citing higher costs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/26/business/general-mills?refid=0 Wed, 26 Jun 2013 18:21:33 -0500 Warning issued for Medtronic SynchroMed medication pump Medtronic is warning patients and doctors about several problems with the company's SynchroMed implantable medication pumps. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/26/business/medtronic-synchromed-medication-pump?refid=0 Wed, 26 Jun 2013 17:58:56 -0500 Doctors make progress on 'artificial pancreas' from Medtronic Doctors are reporting a major step toward an "artificial pancreas," a device made by Medtronic that would constantly monitor blood sugar in people with diabetes and automatically supply insulin as needed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/22/health/medtronic-artificial-pancreas?refid=0 Mon, 24 Jun 2013 17:22:39 -0500 3-D printing leader Stratasys buying MakerBot A Twin Cities firm that is also a leader in the 3-D printing industry is buying a major competitor. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/19/business/stratasys-buys-makerbot?refid=0 Wed, 19 Jun 2013 16:40:14 -0500 Minnesota tied for 5th place among nation's fastest-growing economies Minnesota has one of the fastest-growing economies in the country, says a study by the U.S Bureau of Economic Analysis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/17/economy/minnesota-growing-economy?refid=0 Mon, 17 Jun 2013 20:20:02 -0500 Reviewers: Medtronic's controversial Infuse offers little to no benefit Medtronic's Infuse bone-grafting product has long been beset by controversy. Questions have been raised about its effectiveness, as well as the integrity of Medtronic-funded scientific studies evaluating the product. Reviews of Medtronic's Infuse product have found it provides little to no benefit compared with more typical treatments. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/17/business/medtronic-infuse?refid=0 Mon, 17 Jun 2013 18:34:13 -0500 Target's REDcard revs up sales Loyalty is mutually rewarding for Target and its most-dedicated shoppers, thanks to store-branded credit and debit cards that provide discounts on virtually everything the chain sells. Target's unique REDcard program is helping the retailer trump rivals in the war to convince shoppers where to find the lowest prices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/12/business/target-customer-loyalty?refid=0 Wed, 12 Jun 2013 07:00:00 -0500 New plant brings 500 jobs to Shakopee Shakopee expects to gain as many as 500 jobs over the next five years, as a new engineering and manufacturing plant gets up and running in the city. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/10/business/shakopee-jobs?refid=0 Mon, 10 Jun 2013 16:22:44 -0500 Feds accuse US Bank of mishandling funds Federal regulators have accused US Bank of mishandling funds from a failed brokerage firm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/05/business/us-bank-mishandle-funds-accusation?refid=0 Wed, 05 Jun 2013 15:24:41 -0500 MnDOT audit finds shortcomings in contract awards An internal audit by the Minnesota Department of Transportation has found several shortcomings in the administration of a program meant to award construction contracts to small businesses owned by women and minorities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/31/news/mndot-audit?refid=0 Fri, 31 May 2013 18:02:50 -0500 New home building continues rise in metro New home construction in the Twin Cities is showing continued strength. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/31/business/new-home-construction?refid=0 Fri, 31 May 2013 13:10:01 -0500 Target beauty consultant service to debut at 36 Twin Cities-area stores Target is trying a strategy that's rare among discount retailers -- giving customers advice about how to be beautiful. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/30/business/target-beauty-concierge?refid=0 Thu, 30 May 2013 17:22:12 -0500 Cuts mean furloughs for MN Nat'l Guard staff More than 1,000 full-time members of the Minnesota National Guard will be soon be taking unpaid time off from their jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/29/news/national-guard-furloughs?refid=0 Wed, 29 May 2013 11:13:53 -0500 Target works to win loyalty of Hispanics Hispanics are the largest and fastest growing minority group in the U.S. Large retailers like Target are working hard to win the loyalty and purchasing power of those more than 50 million consumers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/29/business/target-hispanic-loyalty?refid=0 Wed, 29 May 2013 04:00:00 -0500 Minn. parents urged to be 'water watchdogs' A local water safety foundation is urging parents and other adults to become water watchdogs this summer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/28/news/parents-water-watchdogs?refid=0 Tue, 28 May 2013 16:32:47 -0500 Minn. gas prices fall from record high Gas prices in Minnesota are falling after hitting an all-time high last week. Increased supplies are pushing prices down. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/28/business/minn-gas-prices-fall-from-record-high?refid=0 Tue, 28 May 2013 06:06:15 -0500 Gas prices falling to near $4 in Minn. Gas prices in Minnesota are falling, as more Midwest refineries that had shut down for maintenance resume operations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/27/news/gas-prices-minnesota?refid=0 Mon, 27 May 2013 11:48:37 -0500 Minn. community banks profit, loan growth decline Minnesota's community banks saw profit and loan growth decline in the first three months of the year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/23/business/community-banks?refid=0 Thu, 23 May 2013 15:50:47 -0500 Target profits fall 29% in first quarter Target's first-quarter profits fell 29 percent, as cool spring weather and worries about the economy curbed shoppers' spending. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/22/business/target-quarterly-report?refid=0 Wed, 22 May 2013 13:04:41 -0500 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. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/21/business/best-buy-first-quarter-report?refid=0 Tue, 21 May 2013 12:11:10 -0500 'Copyright trolls' target Minnesotans, accusing them of stealing online porn Imagine you're accused of illegally downloading a pornographic video. Whether you actually did or not, you now face a demand to pay several thousand dollars to settle the matter. Or you could pay the legal costs of a court battle and have the allegations made public. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/18/business/minnesotans-accused-of-stealing-porn-may-be-victims-of-copyright-trolls?refid=0 Mon, 20 May 2013 05:55:00 -0500 Target testing video streaming service Target is testing a video streaming service called Target Ticket. The service's website says it provides 15,000 titles, including new releases, classic movies and next-day TV shows. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/17/business/target-video-streaming?refid=0 Fri, 17 May 2013 20:22:41 -0500 Buford Rogers' detention hearing postponed A detention hearing has been postponed again for a man accused in what the FBI has called a thwarted terror plot in western Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/16/news/buford-rogers-detention-hearing?refid=0 Thu, 16 May 2013 20:06:56 -0500 Attorney for Tom Petters argues for shorter sentence A new lawyer for Tom Petters said the disgraced businessman's prison sentence should be shortened because the original defense lawyer never told Petters about a plea bargain offer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/10/news/attoney-tom-petters-shorter-sentence?refid=0 Fri, 10 May 2013 17:54:57 -0500 FBI: Raid of Montevideo home disrupted 'terror attack' The FBI believes "a terror attack was disrupted" when authorities arrested a man after they converged on a mobile home in western Minnesota that contained Molotov cocktails, suspected pipe bombs and firearms, the agency said Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/06/fbi-raid-of-montevideo-home-disrupted-terror-attack?refid=0 Mon, 06 May 2013 10:46:31 -0500 3M sells fly fishing business to outdoor sports outfitter 3M is spinning off two businesses that are highly respected by fly fishing fans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/01/business/3m-fly-fishing-business?refid=0 Wed, 01 May 2013 16:22:55 -0500 Target, 'Wired' team up for shopping recommendations Target is offering customers some shopping guidance for electronics from the editors of "Wired" magazine. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/30/business/target-wired-magazine?refid=0 Tue, 30 Apr 2013 15:40:54 -0500 Ecolab to cut 500 jobs in wake of Champion Tech. acquisition Ecolab announced plans to cut some 500 jobs nationwide, related to the company's recently finalized $2.2 billion acquisition of Champion Technologies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/30/business/ecolab-champion-technology?refid=0 Tue, 30 Apr 2013 15:38:31 -0500 Best Buy up after announcing joint venture sale Shares of Best Buy rose 7 percent Tuesday, following an announcement the retailer is selling its share of a European joint venture to its partner, Carphone Warehouse Group. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/30/business/best-buy-joint-venture-sale?refid=0 Tue, 30 Apr 2013 15:35:05 -0500 Klobuchar hopeful on repeal of med-tech tax U.S. Sen. Amy Klobuchar on Monday said she's optimistic a tax on medical devices will be overturned. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/29/politics/health-care-med-tech-device-tax-repeal-klobuchar?refid=0 Mon, 29 Apr 2013 14:05:54 -0500 3M LED lightbulb wins 'Edison' award A high-tech lightbulb from 3M has won a national Edison award, which recognizes innovation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/29/news/3m-led-lightbulb-award?refid=0 Mon, 29 Apr 2013 12:53:49 -0500 DEA collecting unwanted prescription drugs Several law enforcement agencies in the metro area will be collecting unwanted prescription drugs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/27/news/dea-collecting-unwanted-prescription-drugs?refid=0 Sat, 27 Apr 2013 00:00:00 -0500 3M profits flat; cuts 2013 guidance First-quarter profits for Maplewood-based 3M barely rose, as the company posted net income of $1.1 billion. Sales for the first three months of the year grew two percent to $7.6 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/25/business/3m-q1?refid=0 Thu, 25 Apr 2013 09:45:26 -0500 Supervalu loses $1.4B in last quarter Supervalu is reporting a quarterly loss of $1.4 billion due to a combination of weak sales at its grocery stores and a major financial hit from the sale of several chains in January. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/24/business/supervalu-losses?refid=0 Wed, 24 Apr 2013 15:25:17 -0500 MSP airport preps for future growth Big changes are coming to Minneapolis-St. Paul International Airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/23/business/msp-future-growth?refid=0 Tue, 23 Apr 2013 17:26:47 -0500 MSP airport operating smoothly despite furloughed staff Operations at Minneapolis-St. Paul International Airport are largely unaffected a day after air traffic controllers started furlough because of government spending cuts, airport officials say. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/22/news/msp-airport-furloughed-staff?refid=0 Mon, 22 Apr 2013 15:52:46 -0500 Best Buy sets new high for recycling electronics Best Buy reached a new high for recycling last year, as the retailer collected 173 million pounds of unwanted appliances and electronics. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/21/business/best-buy-sets-new-high-for-recycling?refid=0 Sun, 21 Apr 2013 09:06:41 -0500 Weather delays, cancels flights at MSP Many flights in or out of the Twin Cities airport are being canceled or delayed because of bad weather here and elsewhere around the country. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/18/weather/weather-delays-cancels-flights-msp?refid=0 Thu, 18 Apr 2013 17:27:38 -0500 Cold weather hurts Target's spring sales Cold weather has been hampering sales of spring merchandise for Target. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/16/business/target-spring-sales?refid=0 Tue, 16 Apr 2013 11:59:37 -0500 Star Tribune comes up big among 2013 Pulitzer winners The New York Times won four Pulitzer Prizes on Monday, including the award for investigative reporting for stories that detailed how Wal-Mart used bribery to expand in Mexico. The Star Tribune of Minneapolis won two awards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/15/news/pulitzer?refid=0 Mon, 15 Apr 2013 21:50:15 -0500 Spanish translation prompts Target to rename 'Orina' sandals Target plans to rename some shoes it sells because it used a word not pleasant for Spanish speakers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/11/business/spanish-target-orina-sandals?refid=0 Fri, 12 Apr 2013 06:42:40 -0500 Health care venture SharedClarity to evaluate medical devices Minnetonka-based UnitedHealthcare is working with three of the nation's largest health care providers to determine the effectiveness of medical devices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/11/business/health-care-sharedclarity?refid=0 Thu, 11 Apr 2013 15:19:00 -0500 3-D 'printing' is Eden Prairie firm's next big thing What comes out of your printer? These days you can print a wrench, a working clock, or a killer design for a custom motorcycle. Objects designed on a computer can be sent to machines known as 3-D printers that will build them layer by tiny layer. An Eden Prairie-based company helping usher in the 3-D printing world. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/11/business/printing-objects-in-3d?refid=0 Thu, 11 Apr 2013 04:00:00 -0500 Ecolab resolves concerns over Champion Technologies purchase U.S. Justice Department concerns about Ecolab's $2.2 billion deal for a Texas firm in the oil and gas industry have been resolved, the company says. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/08/business/ecolab-champion-technologies?refid=0 Mon, 08 Apr 2013 16:59:07 -0500 Spirit adds MSP to Dallas-Forth Worth route Low-fare Spirit Airlines has added daily nonstop service between the Twin Cites and Dallas-Fort Worth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/08/business/spirit-msp-to-dallas-forth-worth?refid=0 Mon, 08 Apr 2013 12:27:12 -0500 Long sequester-related delays predicted at MSP airport Twin Cities air travelers could experience long flight delays toward the end of April. The problem is the $85 billion in automatic federal spending cuts known as the sequester. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/05/regional/sequester-delays-at-msp-airport?refid=0 Fri, 05 Apr 2013 21:04:10 -0500 Best Buy expands perks for loyal customers Some of Best Buy's most loyal customers will be getting increased benefits from the retailer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/05/business/best-buy-increases-perks?refid=0 Fri, 05 Apr 2013 15:04:35 -0500 Samsung mini-stores propel Best Buy stock Shares of Best Buy jumped 13 percent Thursday after Samsung, the big consumer electronics manufacturer, said it will open mini-stores in more than 1,400 of the retailer's locations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/04/business/samsung-best-buy-mini-stores?refid=0 Thu, 04 Apr 2013 14:15:20 -0500 Geek Squad, Target partnership ending A partnership that put Best Buy Geek Squad agents in some Target stores is ending. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/02/business/geek-squad-target-partnership-ending?refid=0 Tue, 02 Apr 2013 15:45:11 -0500 Most OCC-regulated MN banks in good health The federal Office of the Comptroller of the Currency says the 91 community banks and thrifts it oversees in Minnesota are in good financial health. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/21/business/office-of-comptroller-currency-banks-minnesota?refid=0 Thu, 21 Mar 2013 14:16:05 -0500 General Mills 3Q income rises 2 pct. General Mills' third-quarter net income rose 2 percent to nearly $400 million, as the food company continued to benefit from acquisitions in Canada and Brazil. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/20/business/general-mills-third-quarter-income-rises?refid=0 Wed, 20 Mar 2013 14:13:01 -0500 Minn. exports notch another quarter of growth Minnesota exports have posted increases for nine straight quarters. The state's export of agricultural, mining and manufactured products reached $5.1 billion in the final three months of last year compared to the same period of 2011. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/19/business/minnesota-exports?refid=0 Tue, 19 Mar 2013 15:10:27 -0500 State: TurboTax issues still unresolved The Minnesota Department of Revenue still isn't sure flaws in Intuit's TurboTax tax preparation software have been fixed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/15/business/state-says-turbotax-issues-still-unresolved?refid=0 Fri, 15 Mar 2013 15:27:57 -0500 Car sales revving up in Minnesota The 40th annual Twin Cities Auto Show is underway at the Minneapolis Convention Center. Crowds of people come to admire the pristine new vehicles, many with dreams of owning one. But this year more visitors are likely to put their money where their dreams are. New car and truck sales have been on the upswing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/14/business/car-sales-minnesota?refid=0 Thu, 14 Mar 2013 18:13:43 -0500 Minn. finds more TurboTax problems The state Department of Revenue advises taxpayers to not use TurboTax products until the department is convinced all software flaws are corrected. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/11/news/turbotax-issues?refid=0 Mon, 11 Mar 2013 15:37:40 -0500 Boston Scientific issues alert regarding defibrillator Boston Scientific has alerted physicians about a problem with its new generation of defibrillators. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/07/health/boston-scientific-defibrillator?refid=0 Thu, 07 Mar 2013 17:10:42 -0600 Walmart to build distribution center in Mankato Walmart plans to break ground early next year on a huge distribution center in Mankato. The 420,000-square-foot center will handle perishable groceries and is expected to add millions of dollars to the city's tax base, as well as some 300 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/05/business/walmart-distribution-center-mankato?refid=0 Tue, 05 Mar 2013 19:32:49 -0600 Best Buy phasing out telecommuting Best Buy wants employees working more at the office, rather than telecommuting. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/04/business/best-buy-telecommuting?refid=0 Mon, 04 Mar 2013 16:10:51 -0600 Target to open 3 stores in Canada Target opens its first stores in Canada Tuesday, with three pilot stores near Toronto. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/04/business/target-opens-first-stores-in-canada?refid=0 Mon, 04 Mar 2013 16:03:32 -0600 Schulze's best falls short of buy, Best Buy financials impress Best Buy's future is less cloudy today, at least the immediate future. Founder Dick Schulze has dropped for now his months-long quest to buy the company and take it private. The retailer also reported improved financial results for the quarter that included Christmas. The company posted a loss of $400 million, much smaller than the $1.8 billion loss in the same quarter a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/01/business/schulze-best-falls?refid=0 Fri, 01 Mar 2013 17:41:23 -0600 Best Buy 4Q loss narrows; deadline for Shulze bid passes Best Buy's earnings report comes just hours after a midnight deadline for company founder Richard Schulze to make an offer to buy the company. The deadline came and went with no announcement of any offer or deal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/01/best-buy-4q-loss-narrows-deadline-for-shulze-bid-passes?refid=0 Fri, 01 Mar 2013 08:50:13 -0600 Deadline nears without bid from Best Buy founder Richard Schulze Shares of Best Buy fell one percent Thursday, as the trading day came and went with no word of a buyout offer from founder Richard Schulze. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/28/business/schulze-best-buy?refid=0 Thu, 28 Feb 2013 16:44:44 -0600 Target earnings dip after tough holiday Target's fiscal fourth-quarter net income dipped 2 percent as it dealt with intense competition during the crucial holiday season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/27/business/target-earnings-dip-after-tough-holiday?refid=0 Wed, 27 Feb 2013 11:06:10 -0600 Schulze faces another deadline to make a bid for Best Buy Best Buy founder Richard Schulze has today and tomorrow to finalize a bid for the company he led for more than four decades. MPR's Cathy Wurzer spoke with reporter Martin Moylan, who has been following the Best Buy saga. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/27/moylan?refid=0 Wed, 27 Feb 2013 08:58:58 -0600 Best Buy cuts 400 jobs at Richfield HQ The company says the move will save $150 million and is only the first phase of a $725 million cost-cutting program announced last fall. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/26/best-buy-cuts-400-jobs-at-richfield-hq?refid=0 Tue, 26 Feb 2013 10:40:07 -0600 Mayo, a financial powerhouse, is poised to propel expansion Mayo Clinic wants to invest billions of dollars of its own money in a project aimed at bolstering the medical center's position as a world destination for health care. The clinic is now trying to line up state subsidies and private investors to round out financing for what would be a grand expansion. But does Mayo itself have the money needed to pull off such a huge project? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/23/business/mayo-clinic-expansion-finances?refid=0 Mon, 25 Feb 2013 04:00:00 -0600 Deal reached for metro SEIU janitors but not guards Employers in the Twin Cities reached an agreement Saturday afternoon with janitors to avert a strike. But hundreds of security guards who work at corporate headquarters and other big metro office buildings could go on strike next week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/23/business/seiu-strike-date-nears?refid=0 Sat, 23 Feb 2013 17:00:00 -0600 Deadline looms for Best Buy bid from Schulze Time is running out for Best Buy founder Richard Schulze to make a bid this month for the struggling retailer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/23/business/schulze-possible-bid-for-best-buy?refid=0 Sat, 23 Feb 2013 14:08:25 -0600 Google, Minn. firm team up for tech events Over the next two years, Google will sponsor a series of conferences, social mixers and other events for Twin Cities technology entrepreneurs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/20/business/google-coco-team-up-for-tech-entrepreneur-events?refid=0 Wed, 20 Feb 2013 15:26:20 -0600 Gov.'s tax plan makes sense, says revenue commissioner State Revenue Commissioner Myron Frans said Friday he is unsurprised by business community resistance to Gov. Mark Dayton's proposal to expand the state sales tax to services and cut the tax rate. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/15/business/revenue-commissioner-tax-plan?refid=0 Fri, 15 Feb 2013 16:04:01 -0600 Capitol hearing: Insurance fraud on the rise Insurance industry and law enforcement officials told a Minnesota Senate committee Monday that insurance fraud is a growing problem in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/11/politics/insurance-fraud-on-the-rise-senate-panel?refid=0 Mon, 11 Feb 2013 16:13:04 -0600 Auto insurers: False claims on the rise in Minn. Auto insurance companies say there has been a surge in false and exaggerated personal injury claims in the state in recent years. The trend is on the agenda of a hearing Monday at the state Capitol. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/10/business/insurance-fraud-capitol-hearing?refid=0 Mon, 11 Feb 2013 04:00:00 -0600 Comcast customers must upgrade for digital TV signal Comcast cable customers with both older TV sets and basic television service will need new equipment to continue to receive basic channels. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/08/business/comcast-customers-upgrade-digital-signal?refid=0 Fri, 08 Feb 2013 15:14:24 -0600 Target sales up 3.1 pct. in January Minneapolis-based Target says sales at stores open at least one year rose 3.1 percent in January, as shoppers bought holiday clearance merchandise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/07/business/target-january-sales?refid=0 Thu, 07 Feb 2013 12:37:00 -0600 Delta Air maintains promised service, employment levels A Delta Air Lines executive told Minnesota lawmakers Wednesday the company remains in compliance with promised employment and service levels in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/06/business/delta-air-lines-employment-service?refid=0 Wed, 06 Feb 2013 17:06:35 -0600 Many merchants won't charge checkout fee Merchants in Minnesota and most other states can now charge up to 4 percent extra when customers pay with a credit card, but many seem reluctant to do so. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/06/business/credit-card-fee?refid=0 Wed, 06 Feb 2013 15:38:16 -0600 More Minnesotans expected to stay-cation A survey by the University of Minnesota Tourism Center offers some good news for the state's leisure and hospitality industry. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/05/busness/minnesota-tourism?refid=0 Tue, 05 Feb 2013 19:26:44 -0600 Medical device companies disclosed layoff plans Big medical device companies disclosed plans to cut about 800 jobs in Minnesota last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/05/business/medical-technology-layoff?refid=0 Tue, 05 Feb 2013 17:08:31 -0600 Minn. med-tech companies pushing to end device tax The med-tech industry complains a new tax, part of the federal health care overhaul, creates an unfair and unwise burden that'll impede innovation and kill jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/02/01/politics/med-tech-device-tax-health-care-overhaul?refid=0 Fri, 01 Feb 2013 14:14:36 -0600 Best Buy to close 15 stores in Canada Electronics retailer Best Buy announced Thursday that it will close 15 stores in Canada. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/31/business/best-buy-canada?refid=0 Thu, 31 Jan 2013 17:40:19 -0600 Online sales taxes may form part of Minn. revenue pie A broader sales tax that will bring in about $1 billion in additional revenue a year is a cornerstone of Gov. Mark Dayton's proposed state budget. The governor is also considering hundreds of millions of dollars in sales taxes that go uncollected because the transactions take place online. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/27/business/online-sales-taxes-minn-revenue?refid=0 Mon, 28 Jan 2013 04:00:00 -0600 Pinnacle Airlines moving HQ to Minn. Memphis-based Pinnacle Airlines plans to move its headquarters to the Twin Cities by May. The airline, which provides regional air services for Delta Air Lines, has about 500 employees at its Tennessee headquarters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/24/business/pinnacle-airlines-moves-to-minnesota?refid=0 Thu, 24 Jan 2013 16:38:24 -0600 3M says 4Q profit rose 3.9 percent Demand for office and health care products helped lift 3M's fourth-quarter profit, despite a slowdown in other parts of the company's business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/24/3m-says-4q-profit-rose-39-percent?refid=0 Thu, 24 Jan 2013 08:38:24 -0600 Dayton wants sales tax expansion, many others don't Gov. Mark Dayton is proposing Minnesotans pay a lower overall sales tax rate but wants to apply the tax to more goods and services, including clothing items over $100. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/22/politics/sales-tax-revamp-reaction?refid=0 Tue, 22 Jan 2013 16:54:32 -0600 King Day speaker urges better care for children About 2,000 community and business leaders and other people gathered this morning at the Minneapolis Convention Center for the 23rd annual breakfast honoring Martin Luther King, Jr. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/21/education/mlk-day-speaker-calls-for-education-investment?refid=0 Mon, 21 Jan 2013 13:13:56 -0600 DOE cancels rule on high-efficiency furnaces The U.S. Department of Energy will rewrite energy efficiency standards for furnaces that were scheduled to go into effect in May for Minnesota and other northern states. The agency was poised to require newly installed furnaces in those cold-weather states be at least 90 percent efficient. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/18/business/doe-cancels-rule-on-high-efficiency-furnaces?refid=0 Fri, 18 Jan 2013 18:23:22 -0600 FDA hits St. Jude Medical with warning The Federal Food and Drug Administration has released a warning letter to Little Canada-based St. Jude Medical over a plant in California that develops the wires connecting an implantable defibrillator to a patient's heart. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/15/business/fda-saint-jude-medical-warning?refid=0 Tue, 15 Jan 2013 14:06:12 -0600 FDA warns St. Jude over inadequate testing of medical device parts St Jude Medical has received a warning letter from the FDA concerning shortcomings found in the testing of medical device components at a California plant. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/14/business/st-jude-fda?refid=0 Mon, 14 Jan 2013 17:09:03 -0600 Best Buy shares rise after holiday sales report Best Buy shares rose more than 16 percent today to $14.21, following a better-than-expected holiday sales report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/11/business/best-buy-holiday-sales?refid=0 Fri, 11 Jan 2013 17:31:20 -0600 Supervalu sells 5 grocery chains, retains Cub Struggling grocery giant Supervalu is selling five of its chains to an investor group led by Cerberus Capital Management in a deal valued at $3.3 billion including debt. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/10/business/supervalu-sale?refid=0 Thu, 10 Jan 2013 08:44:24 -0600 St. Jude taking steps to address quality control concerns St. Jude Medical is taking steps to address government concerns about quality control issues related to the testing of medical device components. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/09/business/st-jude-quality-control?refid=0 Wed, 09 Jan 2013 17:01:12 -0600 3M shows off 84-inch touch-screen at Consumer Electronics Show At the Consumer Electronics show in Las Vegas, 3M is showing off a very large touch-screen. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/07/business/3m-touch-screen?refid=0 Mon, 07 Jan 2013 21:30:35 -0600 Target December sales short of expectations Target's sales last month fell a bit short of analysts' expectations, but the retailer says fourth-quarter earnings will meet or possibly beat the low end of a prior forecast. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/03/business/target-december-sales?refid=0 Thu, 03 Jan 2013 14:02:00 -0600 Retailers' loyalty programs popular with consumers It seems that virtually every retailer has a program to reward loyal customers, and most shoppers eagerly sign up, looking to save money wherever and whenever they can. Target, Cub Foods and Best Buy all say it's rewarding for their shareholders to reward their customers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/02/business/retail-rewards-programs?refid=0 Wed, 02 Jan 2013 04:00:00 -0600 Best Buy, Supervalu end rocky year; what's in store for 2013? It has been a very bad year for Best Buy and Supervalu, two of Minnesota's biggest public companies. Both stumbled badly in 2012, and questions persist about what will be left of each company a year from now. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/31/business/best-buy-supervalu-2013?refid=0 Mon, 31 Dec 2012 04:00:00 -0600 Retailers hoping shoppers cash in gift cards With Christmas over, Best Buy, Target and other retailers are eager for shoppers to redeem billions of dollars in gift cards they received as holiday presents. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/26/business/gift-cards-christmas-retail?refid=0 Wed, 26 Dec 2012 13:49:11 -0600 Best Buy reaps disappointing holiday sales Retailers are expecting an OK, but not great, holiday season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/24/business/best-buy-holiday-sales?refid=0 Mon, 24 Dec 2012 15:00:58 -0600 FDA joins Medtronic on drug pump warning The FDA added its warning to Medtronic's letter to doctors last month that motors may stall on some SynchroMed pumps, potentially leading to a return of symptoms and possibly death. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/21/business/warning-medtronic-drug-infusion-pump?refid=0 Fri, 21 Dec 2012 18:41:58 -0600 Wells Fargo website troubles continue Wells Fargo says some customers are still having what it calls intermittent access to the bank's website. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/21/business/wells-fargo-website-troubles?refid=0 Fri, 21 Dec 2012 13:55:55 -0600 Customers complain of Wells Fargo online services slow down Many Wells Fargo customers have been having trouble accessing the bank's online services. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/20/business/wells-fargo-online-services-experience-slow-down?refid=0 Thu, 20 Dec 2012 18:19:53 -0600 Best Buy exec. Stephen Gillett departs The Best Buy executive charged with pumping up the struggling retailer's online sales is leaving the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/19/business/best-buy-stephen-gillet?refid=0 Wed, 19 Dec 2012 19:10:18 -0600 Delta buys 49 percent stake in Virgin Atlantic Sir Richard Branson will still own more than half of Virgin Atlantic, which will continue to fly as a separate airline under its own name. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/11/business/delta-buys-almost-half-of-delta?refid=0 Tue, 11 Dec 2012 14:25:54 -0600 T-Mobile upgrades wireless services T-Mobile has upgraded its wireless voice and data services in the Twin Cities and St. Cloud. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/10/business/tmobile-upgrades-service-network?refid=0 Mon, 10 Dec 2012 20:20:55 -0600 Founder sells 2 Gingers Whiskey to Beam Local entrepreneur Kieran Folliard has sold his popular 2 Gingers Whiskey brand to Beam Inc., the largest U.S.-based spirits company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/07/business/2-gingers-whiskey-beam?refid=0 Fri, 07 Dec 2012 19:47:40 -0600 Best Buy to pay $27M over buy back dispute A California jury says Best Buy should pay $27 million to a company that accused the retailer of stealing trade secrets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/06/business/best-buy-buy-back-program-techforward?refid=0 Thu, 06 Dec 2012 12:27:30 -0600 Apple among brands in pricing tension with retailers Some products seem to be the same price no matter where you look or how much you shop. That's exactly what many manufacturers want to keep their profits from eroding. But it's getting harder for manufacturers to enforce those prices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/04/business/competitive-retail-pricing-policy?refid=0 Tue, 04 Dec 2012 06:00:00 -0600 New medtech partnership aims to streamline reviews The Food and Drug Administration will collaborate with a public-private partnership conceived by LifeScience Alley, a trade group for Minnesota's medical device companies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/03/business/medtech-parternship-reviews?refid=0 Mon, 03 Dec 2012 14:36:03 -0600 Target says it did not use Bangladesh factory in fire Target says it was not among the customers of a Bangladesh clothing factory where a fire killed 112 people this past weekend. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/29/business/target-bangladesh-factory?refid=0 Thu, 29 Nov 2012 14:16:49 -0600 Sandy depresses Target sales, traffic Superstorm Sandy depressed traffic and sales at Target stores for the four weeks ending last Saturday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/29/business/target-november-sales?refid=0 Thu, 29 Nov 2012 10:00:10 -0600 Target, Best Buy have busy Cyber Monday Target and Best Buy had two of the busiest websites on Cyber Monday. Traffic for online retailers' websites rose 11 percent this past Cyber Monday, compared with the same day a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/28/business/target-best-buy-cyber-monday?refid=0 Wed, 28 Nov 2012 14:58:54 -0600 Medtech group welcomes faster FDA reviews Minnesota's medical device industry is welcoming a Food and Drug Administration report saying the agency is speeding up the review of new products. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/28/business/life-science-alley-welcomes-speedier-reviews?refid=0 Wed, 28 Nov 2012 14:11:24 -0600 Best Buy's holiday sales off to good start Best Buy seems to have gotten off to a good start to the holiday shopping season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/26/business/best-buy-holiday-shopping?refid=0 Mon, 26 Nov 2012 17:35:41 -0600 Retailers lure crowds as shoppers seek Black Friday bargains Black Friday deals on TVs, computers and other products drew shoppers into stores as retailers racheted up their holiday sales efforts. Best Buy, Target and other retailers reported that hundreds of shoppers were waiting in line for stores to open Thursday or early Friday. At the Mall of America, about 30,000 people waited for stores to open at 12 a.m. Friday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/23/business/black-friday-shopping?refid=0 Fri, 23 Nov 2012 14:30:00 -0600 Online holiday sales expected to jump 12% Shoppers jammed stores once again on Black Friday in pursuit of holiday bargains. But online holiday sales were expected to rise at a much more rapid pace than retail sales overall. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/23/business/online-holiday-shopping?refid=0 Fri, 23 Nov 2012 13:03:32 -0600 BBY stock falls on credit rating downgrade Best Buy's share price fell as much as 4 percent after a credit rating downgrade. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/21/business/best-buy-credit-rating-downgrade?refid=0 Wed, 21 Nov 2012 11:56:49 -0600 Best Buy stock down 13% after bad report Best Buy officials had warned investors that its revenue and earnings report would be disappointing. Tuesday's sell-off indicates investors found the actual numbers far more direful than the warning. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/20/business/best-buy-earnings?refid=0 Tue, 20 Nov 2012 15:31:55 -0600 Best Buy denies website crash reports The retailer says its website has received "unprecedented" traffic Monday but has not gone down. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/19/business/best-buy-denies-website-crash-reports?refid=0 Mon, 19 Nov 2012 14:18:06 -0600 A run on Twinkies and other Hostess goods in Minn. One Minnesota grocery chain says Hostess products are flying off the shelves of stores across the state after the company sought permission from a court to shut down on Friday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/18/business/hostess-sales-surge?refid=0 Sun, 18 Nov 2012 09:47:39 -0600 Supervalu union employees wonder about future Supervalu announced Friday it's freezing pay for some 10,000 salaried and hourly workers as it tries to become more attractive for potential buyers. Union employees are thinking a lot about who might buy all or parts of the grocery store giant and how union-friendly -- or unfriendly -- a corporate buyer might be. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/16/business/supervalu-pay-freeze-union-watches-potential-buyers?refid=0 Fri, 16 Nov 2012 15:20:01 -0600 AT&T expands 4G in Twin cities metro AT&T has ramped up the speed of its wireless data network throughout much of the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/15/business/4g-expansion-in-twin-cities?refid=0 Thu, 15 Nov 2012 15:18:34 -0600 Best Buy CEO outlines turnaround plans Best Buy is promising to reverse the consumer electronics chain's slumping sales and falling profits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/14/business/best-buy-ceo-turnaround-plan?refid=0 Wed, 14 Nov 2012 08:30:00 -0600 Best Buy CEO to face Wall Street skeptics Best Buy CEO Hubert Joly could be in for a severe grilling on Tuesday as he meets with analysts and investors in New York City. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/12/business/best-buy-ceo-to-face-wall-street-skeptics?refid=0 Mon, 12 Nov 2012 04:00:00 -0600 Black Friday sales encroach earlier on Thanksgiving Target will apparently join other retailers in letting shoppers get an even earlier crack at Black Friday bargains. But Best Buy will stick with the same opening hours as last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/11/business/black-friday-retail?refid=0 Sun, 11 Nov 2012 09:56:00 -0600 Retailers' Black Friday ads begin to appear Target will join other retailers in letting shoppers get an even earlier crack at Black Friday bargains. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/09/business/black-friday-advertisements?refid=0 Fri, 09 Nov 2012 16:15:57 -0600 3M CEO Inge Thulin to emphasize R&D 3M today lowered its annual sales growth target and pledged to boost spending on research and development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/08/business/thulin-3m-research-development?refid=0 Thu, 08 Nov 2012 19:36:12 -0600 100 employees to lose jobs when Caterpillar closes plant Caterpillar is closing its plant in Owatonna, costing about 100 employees their jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/08/business/caterpillar-closing-owatonna?refid=0 Thu, 08 Nov 2012 18:48:36 -0600 Voter ID amendment defeated The campaign to pass an amendment that once had strong support suffered a remarkable reversal in the final few weeks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/06/politics/voter-id-amendment?refid=0 Wed, 07 Nov 2012 00:00:00 -0600 Minnesotans reject voter ID amendment The measure was advertised as a means of protecting election integrity. Opponents said it would disenfranchise voters by the thousands. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/07/voteriddefeated?refid=0 Wed, 07 Nov 2012 00:00:00 -0600 St. Jude Medical to cut more jobs St. Jude Medical will cut about 500 positions as part of a reorganization plan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/01/business/st-jude-medical-to-cut-more-jobs?refid=0 Thu, 01 Nov 2012 19:16:18 -0500 Target sales rise 2.4 pct. in Oct. Sales at Target stores open at least one year rose 2.4 percent in October, compared with the same month a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/01/business/target-sales-october?refid=0 Thu, 01 Nov 2012 11:30:45 -0500 Twin Cities home prices continue to climb Twin Cities home prices continued to rise in August according to a prominent gauge of the housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/30/business/twin-cities-home-prices-continue-to-climb?refid=0 Tue, 30 Oct 2012 11:16:10 -0500 Best Buy shakes up leadership lineup Leadership changes took place at Best Buy today, as the company warned sales continue to fall. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/24/business/best-buy-shakes-up-leadership-lineup?refid=0 Wed, 24 Oct 2012 17:41:33 -0500 Imation plans to cut hundreds of jobs Oakdale-based Imation plans to reduce its workforce by one-fifth next year as it tries to respond to stagnating sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/24/business/imation-to-cut-hundreds-of-jobs?refid=0 Wed, 24 Oct 2012 12:28:31 -0500 3M dims forecast over 'economic realities' 3M Co. is reducing its profit expectations for this year because of what it calls "current economic realities." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/23/business/3m-lowers-expectations?refid=0 Tue, 23 Oct 2012 08:41:04 -0500 Target selling credit card unit to TD Bank The sale price will be equal to the gross value of what cardholders owe Target. Currently, that's about $5.9 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/23/business/target-selling-credit-card-business-to-td-bank?refid=0 Tue, 23 Oct 2012 08:38:40 -0500 Why not spend Minnesota Orchestra's $140M endowment? A central issues in the Minnesota Orchestra labor dispute is the use of endowment funds to pay for ongoing operations. The musicians question management's stance that the endowments cannot sustain the multimillion-dollar withdrawals of recent years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/23/finance/minnesota-orchestra-endowment?refid=0 Tue, 23 Oct 2012 04:00:00 -0500 Supervalu: Several buyers interested in grocery chain Supervalu says several potential buyers are showing interest in the grocery chain's stores. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/18/business/supervalu-grocery-chain-buyout?refid=0 Thu, 18 Oct 2012 14:33:28 -0500 St. Jude Medical shares down 6 pct. Shares of St. Jude Medical are down about 6 percent Wednesday following a disappointing earnings report and a heads-up from the company that federal health regulators may issue a warning letter about one of St. Jude's manufacturing facilities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/17/business/saint-jude-medical-shares-drop?refid=0 Wed, 17 Oct 2012 12:52:31 -0500 Target will price match online competitors during holiday season Target will match prices that customers find on identical products at select online competitors this holiday season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/17/business/taget-online-price-match?refid=0 Wed, 17 Oct 2012 00:00:00 -0500 UnitedHealth's 3Q profit jumps 23 percent UnitedHealth Group's net income jumped 23 percent for the quarter that ended last month to $1.6 billion, up from $1.3 billion for the same period a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/16/business/united-health-q3-profits?refid=0 Tue, 16 Oct 2012 08:35:16 -0500 Best Buy touts price-matching to combat online rivals Best Buy is touting a policy giving sales people the authority to match the prices of Amazon.com and other online competitors. The Richfield-based consumer electronics retailer says the move --effective immediately-- is aimed at increasing purchases by people who visit the chain's stores. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/12/business/best-buy-will-now-price-match-online-competitors?refid=0 Fri, 12 Oct 2012 16:35:48 -0500 Ecolab buys Champion Technologies St. Paul-based Ecolab is buying a company that will boost the cleaning products maker's presence in the oil business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/12/news/ecolab-buys-champion-technologies?refid=0 Fri, 12 Oct 2012 13:34:38 -0500 Target to hire up to 90K seasonal employees Target will hire tens of thousands of seasonal employees to staff its stores and distribution centers for the coming shopping holidays. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/08/business/target-seasonal-hiring?refid=0 Mon, 08 Oct 2012 18:50:21 -0500 UnitedHealth buys $5B stake in Brazilian health insurer Minnetonka-based UnitedHealth Group is spending about $5 billion to buy a majority stake in a Brazilian health benefits and care provider. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/08/business/unitedhealth-amil-brazil?refid=0 Mon, 08 Oct 2012 18:39:51 -0500 Working from home more popular in Minn. The number of people in the Twin Cities metro area who work primarily or exclusively at home is on the rise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/05/business/working-from-home?refid=0 Fri, 05 Oct 2012 15:25:05 -0500 Target reports sales increase in Sept. Sales at Target stores open at least a year rose 2.1 percent in September as shoppers picked up back-to-school items and groceries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/04/business/target-reports-sales-increase-in-september?refid=0 Thu, 04 Oct 2012 11:56:01 -0500 Inside the quiet at Best Buy: Company's founder prepares 'due diligence' Best Buy has fallen out the headlines lately. Things quieted after founder Dick Schulze and the company's board agreed on a process that would allow Schulze to make an offer to buy Best Buy outright and take the company private. Despite the silence, there's a great deal of work going on behind the scenes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/27/business/best-buy-due-diligence?refid=0 Thu, 27 Sep 2012 17:57:34 -0500 Twin Cities home prices continue to climb A leading housing index indicates Twin Cities home prices continued to improve in July. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/25/business/case-schiller-twin-cities-home-prices?refid=0 Tue, 25 Sep 2012 12:35:01 -0500 Twin Cities ATM fees relatively low Twin Cities residents are getting a bit of break on ATM fees, compared with most Americans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/24/business/twin-cities-atm-fees-relatively-low?refid=0 Mon, 24 Sep 2012 15:51:21 -0500 Best Buy toughens e-recycling rules Starting next year, Best Buy will require all of its recycling partners to provide additional independent reviews of their handling of electronic waste. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/24/business/best-buy-toughens-e-recycling-rules?refid=0 Mon, 24 Sep 2012 15:27:33 -0500 NW Minn. leads state in home price spike Most regions of Minnesota saw housing prices increase over the past year, according to the Minnesota Association of Realtors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/21/business/northwest-minnesota-leads-state-in-home-price-spike?refid=0 Fri, 21 Sep 2012 13:39:13 -0500 Minn. loses 2K jobs in August, jobless rate ticks up Minnesota employers cut 2,000 jobs last month pushing the unemployment rate up one-tenth of a percentage point after two months of gains. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/20/business/minnesota-jobs-report?refid=0 Thu, 20 Sep 2012 11:14:48 -0500 General Mills' Yoplait purchase lifts sales General Mills' important yogurt business slipped in the U.S. for the three months ending last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/19/business/general-mills-yoplait-purchase-lifts-sales?refid=0 Wed, 19 Sep 2012 13:44:14 -0500 General Mills to revive brand icons Cheerios Kid, Green Giant General Mills is bringing back some of the iconic characters used in past advertising campaigns: the Cheerios Kid and the Green Giant. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/18/business/gm-cheerios-kid-green-giant?refid=0 Tue, 18 Sep 2012 19:51:03 -0500 No wallet? No problem -- as long as you have a smartphone Target and Best Buy are joining other big retailers to develop a network that will let customers pay with their phone at the checkout. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/17/business/smartphone-wallet-square?refid=0 Mon, 17 Sep 2012 16:37:06 -0500 UnitedHealth to replace Kraft in Dow 30 UnitedHealth Group, the health insurance company, will replace Kraft Foods in the Dow Jones industrial average, the most widely known barometer of the American stock market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/14/business/unitedhealth-to-replace-kraft-in-dow-30?refid=0 Fri, 14 Sep 2012 08:55:45 -0500 Twin Cities home market 'on the up' New numbers from the Minneapolis Area Association of Realtors indicate the Twin Cities housing market continues to improve. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/12/business/report-says-twin-cities-home-market-doing-better?refid=0 Wed, 12 Sep 2012 13:34:08 -0500 Broad Minn. jobless rate is improving The broadest measure of unemployment in Minnesota, which includes people who have had to settle for part-time jobs, is improving. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/11/business/broad-minnesota-jobless-rate-is-improving?refid=0 Wed, 12 Sep 2012 09:34:18 -0500 AT&T staggers launch of next high-speed service AT&T will soon deploy its latest generation of high-speed wireless Internet service throughout the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/06/business/att-lte-bandwidth?refid=0 Thu, 06 Sep 2012 21:19:21 -0500 Supervalu to close 60 stores outside Minn. Struggling grocery giant Supervalu plans to close about 60 of its supermarkets outside of Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/05/business/supervalu-to-close-60-stores-outside-minnesota?refid=0 Wed, 05 Sep 2012 16:35:06 -0500 Minn. online jobs postings decline Demand for workers in Minnesota fell in August, according to the research group The Conference Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/05/business/minnesota-online-jobs-postings-decline?refid=0 Wed, 05 Sep 2012 13:04:10 -0500 New Best Buy boss starts gig in stores Hubert Joly, the retailer's top boss, will spend much of his first week working as a "Blue Shirt" in several Best Buy locations in the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/09/04/business/hubert-joly-best-buy-boss-starts-job-in-stores?refid=0 Tue, 04 Sep 2012 13:29:11 -0500 Home building up in the Twin Cities New home and apartment construction continues to be on the upswing in the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/31/business/home-building-up-in-the-twin-cities?refid=0 Fri, 31 Aug 2012 14:01:22 -0500 Minn. job openings up in 2nd quarter Job openings in Minnesota rose significantly in the second quarter of this year, compared with the same period a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/30/business/minnesota-job-openings?refid=0 Thu, 30 Aug 2012 14:40:43 -0500 Housing report indicates Twin Cities home prices on rise A leading housing index indicates homes prices continue to improve in the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/28/business/housing-report-indicates-home-prices-on-rise?refid=0 Tue, 28 Aug 2012 15:00:00 -0500 Best Buy founder Schulze given green light to make offer Best Buy Co. Inc. and its founder and former chairman Richard Schulze say they have an agreement that will allow Schulze to pursue his plan to try to buy the nation's largest consumer electronics chain. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/27/business/best-buy-founder-allowed-to-pursue-buyout?refid=0 Mon, 27 Aug 2012 09:54:20 -0500 Minn. exports climb to record $5.4B Minnesota exports of agricultural, mining and manufactured products climbed to a record $5.4 billion for the quarter ending June 30. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/24/business/minnesota-exports-climb-to-record?refid=0 Fri, 24 Aug 2012 12:53:12 -0500 Bloomberg: Supervalu courts buyers Potential buyers are expressing interest in parts of Supervalu, according to a Bloomberg News report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/23/business/bloomberg-supervalue-for-sale?refid=0 Fri, 24 Aug 2012 05:12:56 -0500 Minn. banks shaping up, Mpls. Fed says The Federal Reserve Bank of Minneapolis says the finances of the roughly 360 banks chartered in Minnesota improved for the three months that ended in June. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/23/business/minnesota-banks-shaping-up-minneapolis-fed-says?refid=0 Thu, 23 Aug 2012 14:53:21 -0500 FDA, MN medtech execs meet in Mpls. U.S. Food and Drug Administration Commissioner Margaret Hamburg and Minnesota medical device industry executives agreed Wednesday that the FDA review and approval process for devices has been improving but needs to get better. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/22/business/fda-minnesota-medtech-meeting?refid=0 Wed, 22 Aug 2012 15:54:25 -0500 Best Buy guarded about future plans after disappointing quarterly report Best Buy's share price fell another 1 percent today after the retailer issued a disappointing quarterly sales and profit report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/21/business/best-buy-future-plans?refid=0 Tue, 21 Aug 2012 16:31:34 -0500 Best Buy Q2 profits plummet 91 pct. Best Buy's net income for the quarter ending earlier this month fell a whopping 91 percent to just $12 million. That's down from about $130 million for the comparable period a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/21/business/best-buy-q2-profits-plummet-90-percent?refid=0 Tue, 21 Aug 2012 07:45:38 -0500 Best Buy's sales, profits on stormy seas Best Buy's earnings report is expected at 7 a.m today, after a highly eventful start to the week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/21/business/best-buy?refid=0 Tue, 21 Aug 2012 04:00:00 -0500 FDA warns of St. Jude heart devices Federal health officials have issued new advice for people with certain implantable devices made by St. Jude Medical. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/17/health/st-jude-defibrillator-advisory?refid=0 Fri, 17 Aug 2012 17:24:16 -0500 Founder Richard Schulze won't back off from Best Buy takeover Best Buy founder Richard Schulze said today he will not back off his efforts to buy the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/16/business/best-buy-schulze?refid=0 Thu, 16 Aug 2012 21:24:33 -0500 Minn. economy adds 6,800 jobs in July Minnesota employers added 6,800 jobs in July, the second month in a row that the state gained jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/16/business/minnesota-unemployment?refid=0 Thu, 16 Aug 2012 10:23:51 -0500 Lynx gold-medal winners back home Three members of the Minnesota Lynx who helped the U.S. win an Olympic gold medal in women's basketball received a hearty welcome back Wednesday at a Minneapolis press conference. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/15/lynx-players-return-from-olympics?refid=0 Wed, 15 Aug 2012 17:43:42 -0500 Sales jump boosts Target shares by 2 pct. Shares of Target are up about 2 percent Wednesday after the company reported increased sales for the quarter that ended last month and raised its profit forecast for this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/08/15/business/target-shares?refid=0 Wed, 15 Aug 2012 12:50:58 -0500 'Gluten-free' is the way to go for food companies and retailers Retailers and food companies are realizing it makes business sense to address the needs of millions of people who can't tolerate gluten, a protein found in wheat and some other grains. Gluten-free versions of many foods are usually expensive, but sales are soaring. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/29/business/gluten-food-companies?refid=0 Mon, 30 Jul 2012 04:00:00 -0500 3M sales deflate as profits rise A strong dollar depressed the 3M Co.'s sales for the quarter ending last month. But the company's profits rose as officials cut costs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/26/business/3m-earnings?refid=0 Thu, 26 Jul 2012 11:07:36 -0500 Minn. lottery posts record sales The Minnesota State Lottery posted record sales for the fiscal year that ended in June, preliminary reports indicate. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/24/business/lottery-sales?refid=0 Tue, 24 Jul 2012 20:24:15 -0500 Carlson: Steep rise in local airfares A major travel firm says Twin Cites airfares may increase next year at a rate faster than the national average. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/23/business/minn-airfares?refid=0 Mon, 23 Jul 2012 15:09:07 -0500 Minn. jobless rate static despite hiring Minnesota employers added 7,200 jobs in June, but the unemployment rate remained unchanged. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/19/regional/minn-jobs?refid=0 Thu, 19 Jul 2012 10:10:00 -0500 Free Wi-Fi coming to MSP in October Free wireless Internet connections will be available throughout the Twin Cities airport starting in October. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/18/business/free-wi-fi-coming-to-msp-in-october?refid=0 Wed, 18 Jul 2012 16:09:13 -0500 3M aerospace division takes flight Maplewood-based 3M has turned its aerospace business into a separate division, meaning the business will get more attention and investment as 3M products increasingly show up inside and outside the planes we fly on. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/17/business/3m-aerospace-division-takes-flight?refid=0 Tue, 17 Jul 2012 15:22:21 -0500 Supervalu shares tumble nearly 50 pct. Shares of the third-largest U.S. grocery chain fell 49 percent today, as Wall Street reacts to the company's decision to suspend dividend payments to shareholders and explore the possible sale of all or parts of the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/12/business/supervalu-shares-tumble?refid=0 Thu, 12 Jul 2012 15:30:27 -0500 Supervalu sees tough future after dismal earnings report Supervalu CEO Craig Herkert said the company's poor quarter means price cuts for shoppers and a serious review of the company's future prospects. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/12/business/supervalue-earnings-struggle?refid=0 Thu, 12 Jul 2012 08:24:22 -0500 Supervalu reports big quarterly loss Eden Prairie-based Supervalu, the nation's third-largest grocery chain, reported a year-over-year drop in sales and profits for the quarter ending last month. Sales fell 5 percent and earnings plunged 45 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/11/business/supervalu-drop-in-sales?refid=0 Wed, 11 Jul 2012 17:21:08 -0500 Job fair today connects veterans, employers More than 1,000 veterans are expected to attend a Brooklyn Center career fair Wednesday to connect with employers who are hiring. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/11/labor/veterns-job-fair?refid=0 Wed, 11 Jul 2012 04:00:00 -0500 Best Buy to cut 2,400 jobs Best Buy will cut 2,400 jobs as part of its evolving plan to shrink the company and cut costs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/06/business/best-buy-stores-closing?refid=0 Fri, 06 Jul 2012 20:51:21 -0500 Target sales lower than expected Sales at Target stores last month were lower than expected. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/05/business/target-results?refid=0 Fri, 06 Jul 2012 06:34:56 -0500 Blistering heat, humidity marks Twin Cities July 4th holiday Temperatures in the Twin Cities hovered around 100 degrees for hours on the Fourth of July, and the humidity made it feel even hotter, making it another day of excessive heat warnings. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/05/weather/fourth-of-july?refid=0 Thu, 05 Jul 2012 06:20:26 -0500 Mpls. offers places to cool off With the heat index expected to hit or exceed 105 on July Fourth, the Minneapolis Park and Recreation Board will be offering residents some places to cool off. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/04/regional/cooling-centers?refid=0 Wed, 04 Jul 2012 09:36:51 -0500 Analysts: Best Buy founder gearing up for fight over company control It appears as though the Best Buy board and the company's founder and biggest shareholder, Richard Schulze, are preparing for a fight over control of the company. Business analysts who watch the company see a battle brewing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/02/business/best-buy-buyout-fight?refid=0 Mon, 02 Jul 2012 15:29:17 -0500 Charges pending in boy's death as vigil takes place in Mpls. Charges were pending against two juveniles arrested in the fatal shooting of a 5-year-old boy in Minneapolis as the community held a vigil for the child. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/01/regional/slaying-vigil?refid=0 Sun, 01 Jul 2012 09:37:52 -0500 Students attend Mpls. immigration forum About 250 high school and college students lacking U.S. citizenship attended a Minneapolis forum on Saturday to learn about President Barack Obama's directive that could protect them from deportation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/07/01/regional/immigration-forum?refid=0 Sun, 01 Jul 2012 09:22:28 -0500 Officials seek cause of Mpls. foundry fire Fire officials are still trying to determine the cause of a fire at the Smith Foundry in Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/30/regional/foundry-fire?refid=0 Sat, 30 Jun 2012 16:24:53 -0500 Most medical businesses already prepared to follow law The Supreme Court's decision to uphold the constitutionality of President Barack Obama's health care law doesn't change much for Minnesota's big medical device companies, hospitals, or health insurers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/29/business/healthcare-policy?refid=0 Fri, 29 Jun 2012 06:36:00 -0500 Minn. medical device makers ready for health reform The Supreme Court's decision to uphold the constitutionality of President Barack Obama's health care law doesn't change much for Minnesota's big medical device companies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/28/health/medical-device-makers-obama-health-care-law-tax?refid=0 Thu, 28 Jun 2012 12:42:27 -0500 Prices nick General Mills' earnings Higher commodity costs took a significant bite out of General Mills' earnings for the company's fiscal year ending last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/27/business/general-mills-earnings?refid=0 Wed, 27 Jun 2012 15:31:56 -0500 General Mills hustles to catch up with Greek yogurt craze General Mills' yogurt business has soured a bit of late. And you can blame it on the Greeks. Not the debt crisis, but Greek-style yogurt. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/27/business/general-mills-greek-yogurt?refid=0 Wed, 27 Jun 2012 08:40:00 -0500 Buyout reports sends Best Buy shares up Shares of Best Buy briefly spiked up as much as 15 percent Tuesday after The Wall Street Journal reported the retailer's founder Richard Schulze is working with investment bankers at Credit Suisse on a buyout plan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/26/business/best-buy-buyout-report?refid=0 Tue, 26 Jun 2012 16:36:07 -0500 Best Buy to relaunch Richfield store Best Buy celebrates the grand re-opening of its remodeled Richfield store. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/22/business/best-buy-relaunch?refid=0 Fri, 22 Jun 2012 21:14:50 -0500 Best Buy workers weigh company's ruin or revival Best Buy's CEO and its founder recently left the company after a scandal. And the retailer has faced lots of criticism that it hasn't done enough to respond to fierce competition from online and bricks and mortar rivals. Some Best Buy employees who spoke to MPR News are still confident in the company's future, while others are planning their exit strategy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/21/business/best-buy-employee-morale?refid=0 Thu, 21 Jun 2012 14:27:30 -0500 General Mills opposes marriage amendment A company spokesman says General Mills has worked for decades to create an inclusive culture for employees and believes Minnesota should be welcoming as well. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/14/politics/general-mills-opposes-marriageamendment?refid=0 Thu, 14 Jun 2012 10:42:56 -0500 Mpls. jury convicts 3 in $194M Ponzi scheme A federal jury in Minneapolis has convicted three men in a Ponzi scheme that pulled in $194 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/12/crime/trever-cook-ponzi-scheme-convictions?refid=0 Tue, 12 Jun 2012 14:18:25 -0500 3M touts tech to improve TV colors 3M and California-based Nanosys will combine their knowledge of optical films to help TV manufacturers produce LCD displays that'll deliver much richer, truer-to-life color. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/06/science_technology/3m-color-tv-technology?refid=0 Wed, 06 Jun 2012 11:30:06 -0500 GE bets on green cars in Eden Prairie One of the nation's biggest and most successful companies is making a bet on alternative fuel vehicles in Minnesota. General Electric Co. on Thursday opened a facility in Eden Prairie where companies can check out cars and trucks powered by something other than gasoline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/31/green-fleet?refid=0 Thu, 31 May 2012 17:52:20 -0500 More competition could cut into Best Buy's lucrative Geek Squad service But the retailer, which is seeing competitors eat into its consumer electronics sales, also faces increasing competition from rivals offering tech help. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/30/business/best-buy-geek-squad-baby-boomers?refid=0 Wed, 30 May 2012 08:45:00 -0500 Consumer groups unhappy with bill easing medical device FDA review process Device companies say the legislation will speed up the lengthy process of federal approval required to bring the new life-saving devices to market. But some consumer groups argue the process is already too lenient. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/28/medical-device-fda-review-bill?refid=0 Tue, 29 May 2012 04:00:10 -0500 Medtronic job growth moving outside MN Medtronic says its employment in the Twin Cities and the rest of Minnesota will fall by about 250 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/22/business/medtronic-job-growth-outside-twin-cities?refid=0 Tue, 22 May 2012 11:34:12 -0500 General Mills, Medtronic announce layoffs Two Minnesota employers announced job cuts in the Twin Cities today. General Mills says it is cutting 425 jobs. Medtronic said previously announced job cuts will grow by 30. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/22/general-mills-850-layoffs-worldwide?refid=0 Tue, 22 May 2012 08:23:14 -0500 Firm hired in Best Buy executive search Best Buy's board of directors has hired the Spencer Stuart executive search firm to help the board find a new CEO for the consumer electronics retailer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/21/business/best-buy-search?refid=0 Mon, 21 May 2012 12:57:39 -0500 Govt. closes investigation of Medtronic over bone graft product Medtronic says the U.S. Department of Justice has closed an investigation of the sales and marketing practices for the company's Infuse bone graft product. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/16/medtronic-infuse?refid=0 Wed, 16 May 2012 18:04:33 -0500 Romance in the workplace can be a minefield Romance in the workplace can be a difficult issue, specifically relationships involving bosses and subordinates. At Best Buy, two titans of retail are laid low because of a relationship between an executive and an employee — the kind of relationship that can cause lots of trouble for a company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/15/workplace-relationship?refid=0 Tue, 15 May 2012 17:07:39 -0500 Best Buy founder Schulze steps down in wake of CEO investigation Best Buy's founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and did not alert the audit committee. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/14/best-buy-founder-schulze-resigns-amid-ceo-scandal?refid=0 Mon, 14 May 2012 09:55:34 -0500 Bid for more disclosure of 3M's political spending fails 3M disclosed Tuesday that shareholders had rejected proposals regarding the company's political spending and lobbying. Today, the company revealed the margin of defeat for those measures. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/09/business/bid-for-more-disclosure-of-3ms-political-spending-fails?refid=0 Wed, 09 May 2012 15:31:40 -0500 3M's new CEO, Inge Thulin, takes helm 3M shareholders greeted the company's new CEO, Inge Thulin, at the firm's annual meeting today in St. Paul. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/08/3m-new-ceo-inge-thulin?refid=0 Tue, 08 May 2012 18:06:57 -0500 MPR News Primer: Bonding Bill What are bonding bills, and why does the state need one? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/08/primer-bonding-bill?refid=0 Tue, 08 May 2012 16:04:27 -0500 Slow building recovery means it's a good time to remodel While the hard-hit construction industry appears to be recovering slowly from the recession, times are still tough in the building trades. That means there's often intense competition for the remodeling work that is available, and it's been pushing down the cost of home renovations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/07/slow-building-recovery-means-its-a-good-time-to-remodel?refid=0 Mon, 07 May 2012 05:00:00 -0500 Best Buy's top marketing executive resigns Best Buy's chief marketing officer, Barry Judge, has resigned, in the third high-profile departure at the consumer electronics retailer in recent months. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/02/best-buy-barry-judge-resigns?refid=0 Wed, 02 May 2012 15:40:09 -0500 Large banks' debit card fees fall by half The fees the nation's biggest banks charge merchants accepting debit cards plunged in October 2011, the first month of a cap on the fees, according to the Federal Reserve Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/01/large-banks-debit-card-fees-fall-by-half?refid=0 Tue, 01 May 2012 18:12:33 -0500 St. Paul library launches e-book lending service The St. Paul Public Library has launched a new e-book lending service that includes not just books but also the devices on which to read them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/25/library-3m-ebook?refid=0 Wed, 25 Apr 2012 20:14:56 -0500 3M first quarter profits up 4 percent Sales were strong in North and Latin America and to auto and aerospace manufacturers, suggesting growing strength in manufacturing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/24/3m-profits?refid=0 Tue, 24 Apr 2012 07:10:17 -0500 Judge rules in favor of fired Twin Cities Jimmy John's workers An administrative law judge said the owner of ten Twin Cities Jimmy John's sandwich shops violated labor laws by firing six workers and disciplining three others. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/23/jimmy-johns-union?refid=0 Mon, 23 Apr 2012 19:26:10 -0500 Boston Scientific responds to reports of malfunctioning defibrillators Boston Scientific said two models of its cardiac defibrillators have been malfunctioning, but at a very low rate. One patient has died. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/23/boston-scientific-malfunctioning-defibrillators?refid=0 Mon, 23 Apr 2012 17:29:06 -0500 Lawsuit accuses bank of foreclosing on active-duty service members A lawsuit filed today in U.S. District Court alleges HSBC Mortgage Services illegally foreclosed on the homes of active-duty service members in Minnesota and other states. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/20/bank-accused-foreclosing-active-duty-service-members?refid=0 Fri, 20 Apr 2012 18:20:19 -0500 3 added to Best Buy exec search panel Best Buy has named the three more outside board members will search for the electronics retailer's next chief executive. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/20/best-buy-executive-search-panel?refid=0 Fri, 20 Apr 2012 12:02:23 -0500 Investors speculate on Best Buy's buyout potential With stock price down by more than half over the past two years, Best Buy's investors are debating whether the company is ripe to be acquired in a leveraged buyout. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/20/best-buy-buyout-potential?refid=0 Fri, 20 Apr 2012 04:00:00 -0500 Investigating the CEO is about protecting the company Best Buy's board of directors is investigating the personal conduct of Brian Dunn, who resigned last week as CEO. Experts say internal investigations can be as much about protecting the company and its investors as it is about identifying wrongdoing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/18/besty-buy-ceo-investigation?refid=0 Wed, 18 Apr 2012 04:00:00 -0500 Best Buy to share Dunn probe results Best Buy's board will disclose the results of its investigation into the personal conduct of departed CEO Brian Dunn. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/12/best-buy-to-share-dunn-probe-results?refid=0 Thu, 12 Apr 2012 13:36:40 -0500 Board investigating Brian Dunn, newspaper reports Former Best Buy CEO Brian Dunn resigned Tuesday amid an investigation into his personal conduct. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/12/board-investigation-brian-dunn-newspaper-reports?refid=0 Thu, 12 Apr 2012 10:25:44 -0500 Board: Dunn's resignation hasn't ended personal conduct probe The Best Buy board of directors says the resignation of CEO Brian Dunn has not ended its investigation into his personal conduct. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/11/best-buy-dunn-investigation?refid=0 Wed, 11 Apr 2012 15:12:23 -0500 CEO Brian Dunn leaves Best Buy over 'personal conduct' Brian Dunn resigned as the CEO of Best Buy Tuesday after the company launched an investigation into his "personal conduct," according to a statement released by the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/10/best-buy-ceo-resigns?refid=0 Tue, 10 Apr 2012 17:05:25 -0500 Largest medical device conference comes to U of M More than 1,200 attendees are expected at a medical device conference -- the largest in the world -- today at the University of Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/10/medical-device-conference?refid=0 Tue, 10 Apr 2012 04:00:00 -0500 Travelers should expect 'pricey' summer airfares Summer airfares are climbing as airlines pass on higher fuel costs and cut back on flights, running counter to the long-term trend. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/05/pricey-summer-airfare?refid=0 Thu, 05 Apr 2012 15:59:28 -0500 Target March sales figure up 7.3 pct. Target's sales last month topped the retailer's estimates, as unseasonably warm weather and an earlier Easter holiday boosted purchases of spring merchandise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/05/target-march-sales?refid=0 Thu, 05 Apr 2012 08:30:16 -0500 Target hires new marketing chief Target has hired a new chief marketing officer. Jeffrey Jones, 44, has held positions in both the retail and advertising industries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/02/target-new-marketing-chief?refid=0 Mon, 02 Apr 2012 17:02:19 -0500 Indicators suggest state economy strengthening Two leading indicators suggest Minnesota's economy continues to gain strength. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/02/minnesota-economic-indicators?refid=0 Mon, 02 Apr 2012 14:30:36 -0500 Best Buy to close 5 Minn. stores in restructuring Best Buy will close four Twin Cities-area stores and another location west of Minneapolis, as part of its move to shut down 50 big-box stores nationwide. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/30/best-buy-to-close-five-minnesota-stores?refid=0 Fri, 30 Mar 2012 13:43:02 -0500 Best Buy closing 50 stores, cutting 400 jobs Best Buy Co. said it plans to close 50 U.S. big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the Minnesota-based electronics retailer posted a fiscal fourth quarter loss of $1.7 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/29/best-buy?refid=0 Thu, 29 Mar 2012 17:30:53 -0500 Pentair acquires Tyco unit in $5B deal The combined company's headquarters will be in Minnesota. Pentair CEO Randall Hogan will lead the organization. And he says it'll be a powerhouse. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/28/tyco-pentair?refid=0 Wed, 28 Mar 2012 19:22:46 -0500 Twin Cities housing prices slip in Jan. Twin Cities housing prices slipped in January, shows a closely-followed national index. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/27/home-price-drop?refid=0 Tue, 27 Mar 2012 17:18:52 -0500 DPS: Warm spring pushes up traffic deaths State officials suspect Minnesota's unseasonably mild winter has been a big factor in a spike in traffic deaths. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/23/warm-spring-traffic-deaths?refid=0 Fri, 23 Mar 2012 11:16:39 -0500 The Brick offers refunds for inaugural show A new nightclub in downtown Minneapolis that was touted as a premiere concert facility is trying to make amends for a very bad opening night. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/23/the-brick-offers-refunds-for-janes-addiction-show?refid=0 Fri, 23 Mar 2012 09:55:12 -0500 Construction in state shows turnaround Minnesota's beleaguered construction sector is showing signs of a turnaround. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/22/construction-turnaround?refid=0 Thu, 22 Mar 2012 21:40:20 -0500 3 small plane crash victims were family members Stuart Dahlberg, 52, his wife Ivelisse Morillo, and his mother, Mae Dahlberg, died when their single-engine Beechcraft Bonanza went down in a farm field, according to David Dahlberg, Stuart's brother. The three were on their way to visit a family member in Colorado when the crash occurred. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/22/plane-crash-victims-identified?refid=0 Thu, 22 Mar 2012 13:55:32 -0500 Minn. adds 6K jobs in Feb., unemployment up to 5.7 pct. Minnesota employers added 6,200 jobs in February, according to the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/22/minnesota-jobs-figures?refid=0 Thu, 22 Mar 2012 09:17:02 -0500 3 dead in small plane crash near Glencoe Authorities say no passengers survived a small plane crash in a field north of Glencoe. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/21/fatal-plane-crash?refid=0 Wed, 21 Mar 2012 12:36:43 -0500 Silva's St. Paul schools superintendent contract extended The St. Paul school board has extended the contract of Superintendent Valeria Silva for three years. Her new contract will take effect when her current deal expires in December. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/21/silva-contract-extension?refid=0 Wed, 21 Mar 2012 08:35:49 -0500 DEED touts success of angel tax credit in Minn. Minnesota's Angel Tax Credit Program gave a boost last year to about 100 early stage medical device and other technology companies in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/20/angel-tax-credit?refid=0 Tue, 20 Mar 2012 16:49:42 -0500 High winds damage S Minn. trees, small buildings High wind, approaching nearly 60 mph, caused moderate damage throughout southern Minnesota last night. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/20/spring-storm?refid=0 Tue, 20 Mar 2012 08:49:24 -0500 Trade agreement will help Minnesota grow internationally A new U.S. trade agreement with South Korea takes effect Thursday, reducing the cost of goods exchanged between the two countries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/14/south-korea-trade-agreement?refid=0 Wed, 14 Mar 2012 04:00:00 -0500 Rise in Minn. exports helps bring back manufacturing jobs Minnesota companies exported $5.1 billion worth of manufactured, agricultural and mining products in the fourth quarter last year. /collections/special/columns/minnecon/archive/2012/03/minnesota-exports-rise.shtml?refid=0 Fri, 09 Mar 2012 13:37:08 -0600 Geek Squad founder Robert Stephens leaving Best Buy Robert Stephens, the former art student who founded the Geek Squad and then sold it to mega retailer Best Buy 10 years ago, is leaving the company and moving to California. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/07/robert-stephens-leaving-best-buy?refid=0 Wed, 07 Mar 2012 11:29:06 -0600 Target's deep customer data mining raises eyebrows Retailers and other businesses have long kept track of what consumers buy and scoured public records, social media and other resources for insight on how to sell consumers more products. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/07/target-data-mining-privacy?refid=0 Wed, 07 Mar 2012 10:10:00 -0600 Strong economic reports for Minnesota today Good economic news for Minnesota on several fronts today included new employment figures, likely growth in factory jobs, and strong sales at Twin Cities-based Target. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/01/employment-job-growth-forecast?refid=0 Thu, 01 Mar 2012 17:53:37 -0600 Minn. economy improves, but not greatly The upshot of the state budget forecast is that the shape of Minnesota's economy remains positive and continues to outperform the nation overall, but not greatly. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/03/01/minnesota-economic-forecast?refid=0 Thu, 01 Mar 2012 04:00:00 -0600 NASCAR a marketing bonanza for Minnesota companies Five Minnesota companies sponsored cars racing in Monday's Daytona 500. One of those cars was involved in a fiery crash and another won the race. Even if racing seems far removed from a company's business, auto racing sponsorships are viewed by more companies as a smart marketing move. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/28/minnesota-nascar-sponsorship?refid=0 Tue, 28 Feb 2012 18:03:37 -0600 New airline to serve MSP; details coming Wednesday The Minneapolis-St. Paul International Airport will be getting service from another airline, but the carrier's identity and flight plans won't be revealed before a formal announcement Wednesday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/27/msp-new-airline?refid=0 Mon, 27 Feb 2012 14:56:22 -0600 Target's income falls 5 pct. in Q4 Target's net income fell 5 percent to $981 million in the final three months of the company's fiscal year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/23/target-q4-income?refid=0 Thu, 23 Feb 2012 11:38:00 -0600 Banks are healthy, but guarded on lending Minnesota's 370 community banks got a bit healthier last year according to the Federal Reserve Bank of Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/22/bank-lending?refid=0 Wed, 22 Feb 2012 17:17:16 -0600 Opportunity for 3M in natural gas vehicle fuel tanks 3M sees an opportunity in making fuel tanks for natural gas vehicles. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/21/3m-natural-gas?refid=0 Tue, 21 Feb 2012 20:14:32 -0600 Decreasing sales of medical devices a drag on Medtronic Medtronic's profits are up, but the company's sales growth has Wall Street disappointed. Shares of the world's largest medical device maker fell about 2 percent today. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/21/medtronic-sales?refid=0 Tue, 21 Feb 2012 18:22:35 -0600 Survey: MN manufacturers worried about finding qualified workers A survey of Minnesota manufacturers indicates they're confident in their firms' futures, but are increasingly concerned about finding qualified workers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/21/survey-minnesota-manufacturers-worried-about-finding-qualified-workers?refid=0 Tue, 21 Feb 2012 11:43:41 -0600 CEO of women's retailer resigns amid declining sales Struggling women's apparel retailer Christopher & Banks has undergone a shake-up in the executive suite. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/17/christopher-and-banks?refid=0 Fri, 17 Feb 2012 17:21:36 -0600 General Mills shares tumble of earnings downgrade General Mills' share price is down about 4 percent Friday after the food maker announced that earnings for its current fiscal year won't be as good as the company had hoped. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/17/general-mills-shares?refid=0 Fri, 17 Feb 2012 12:47:11 -0600 Target, Best Buy face tough online retail competition Analysts say most retailers these days must compete aggressively on prices or risk losing customers and sales. Consumer expectations and unrelenting competition give retailers no choice. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/15/retailer-competition?refid=0 Wed, 15 Feb 2012 06:00:00 -0600 More study needed on faulty heart device, cardiologist says St. Jude Medical isn't doing enough to study how to treat patients whose implanted heart rhythm devices could fail due to faulty equipment, says a A prominent Minneapolis cardiologist. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/14/faulty-defibrillator?refid=0 Tue, 14 Feb 2012 17:46:08 -0600 Head of Mpls. Fed says state is poised well for recovery Minnesota is ahead of the nation in recovering from the recession, says the president of the Federal Reserve Bank of Minneapolis, and he expects that to continue. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/14/kocherlakota-economic-recovery?refid=0 Tue, 14 Feb 2012 15:27:23 -0600 Runway shutdown at airport after jet halts takeoff One runway at the Minneapolis-St. Paul International Airport was shut down Monday afternoon after a corporate passenger jet aborted a takeoff. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/13/aircraft-blown-tire?refid=0 Tue, 14 Feb 2012 08:50:12 -0600 Strong convention tourism expected in 2012 The city of Minneapolis expects strong convention business in 2012. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/11/convention-tourism?refid=0 Sat, 11 Feb 2012 00:00:00 -0600 Officials displeased at prospect of Delta moving jobs The possibility of Delta Air Lines moving 150 jobs from the Twin Cities airport to Atlanta has many officials displeased. But airport commission officials say they're confident the airline will remain a major employer here. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/10/delta-moving-jobs?refid=0 Fri, 10 Feb 2012 15:54:31 -0600 Twin Cities home purchases up, prices down The Twin Cities real estate market provided some encouraging signs in January but also reasons for ongoing concern. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/10/twin-cities-home-purchases-up-prices-down?refid=0 Fri, 10 Feb 2012 15:49:32 -0600 3M names Inge Thulin as new CEO Thulin's election to the top spot at the St. Paul, Minn. company is effective Feb. 24. He succeeds George Buckley, who will retire as president, chairman and chief executive on June 1. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/08/thulin-3m-ceo?refid=0 Wed, 08 Feb 2012 09:36:45 -0600 Supervalu cuts 200 jobs in Minn., 800 nationwide Supervalu plans to cut some 200 jobs in Minnesota and 800 positions nationwide, as part of its ongoing effort to lower prices to compete with rivals such as Target and Wal-Mart. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/07/supervalu-job-cuts?refid=0 Tue, 07 Feb 2012 11:25:19 -0600 TCF adjusts options on overdraft fees Beginning in March, TCF Bank will offer customers two options for handling overdraft charges. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/01/tcf-overdraft-policiy?refid=0 Wed, 01 Feb 2012 20:20:03 -0600 Rumors of airline merger, acquisition take to the skies The bankruptcy of American Airlines last November triggered a new round of speculation about airline mergers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/01/airlines-merger-rumors?refid=0 Wed, 01 Feb 2012 04:00:00 -0600 State adds wind farms, but slips in national ranking Minnesota added a dozen wind farms last year but slipped in rankings of states with the most wind power capacity. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/27/minn-wind-farm?refid=0 Sat, 28 Jan 2012 00:00:00 -0600 110 employees laid off from Regis; top management to depart Edina-based Regis Corp., which runs thousands of hair salons such as Supercuts and MasterCuts, announced today it has laid off 110 employees at its corporate headquarters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/26/regis-ceo?refid=0 Thu, 26 Jan 2012 19:33:35 -0600 3M revenues up, but investors wary over CEO's impending departure Profits at 3M for the final three months of last year were higher than Wall Street expected. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/26/3m-earnings?refid=0 Thu, 26 Jan 2012 07:23:28 -0600 Libraries turn to cloud for e-book lending Millions of Americans now own Kindles, Nooks and other e-readers. And libraries are taking notice, expanding their collections of e-books they can loan to patrons. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/25/3m-ebook-cloud-library?refid=0 Wed, 25 Jan 2012 17:29:47 -0600 Pinnacle Airlines raises prospect of bankruptcy A regional airline that carried four million passengers last year for Delta Air Lines may be headed into a bankruptcy reorganization. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/20/pinnacle-airlines?refid=0 Fri, 20 Jan 2012 15:04:57 -0600 Following merger, Ecolab will cut 500 jobs St. Paul-based Ecolab Thursday said it will cut hundreds of jobs to streamline operations and reduce costs following its merger with Illinois-based Nalco. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/19/ecolab-job-cuts?refid=0 Thu, 19 Jan 2012 20:36:43 -0600 Old Country Buffet parent company files for bankruptcy Eagan-based Buffets Inc. filed for bankruptcy reorganization three years ago, but the company says that restructuring didn't free the firm from many bad leases that weighed down its finances. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/18/old-country-buffet-parent-company-buffets-inc-files-for-bankruptcy?refid=0 Wed, 18 Jan 2012 16:41:48 -0600 Target postpones plan to sell off debt Target is putting on hold an effort to sell a $6 billion portfolio of credit card debt. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/18/target-debt?refid=0 Wed, 18 Jan 2012 14:20:45 -0600 Target to create small Apple shops in 25 stores Target says it will test creating small Apple shops within 25 Target stores. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/12/target-specialty-shops?refid=0 Thu, 12 Jan 2012 11:16:11 -0600 Best Buy earns props for airing dirty laundry on CEO blog Best Buy remains the nation's leading consumer electronics retailer, with about $50 billion in annual sales. But Best Buy has been losing customers, sales and profits to competitors, leading to speculation and debate about the company's future. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/11/best-buy?refid=0 Wed, 11 Jan 2012 18:13:42 -0600 Sun Country service to D.C. jeopardized Sun Country Airline's landing rights at Reagan National Airport in Washington, D.C. may be jeopardy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/09/sun-country?refid=0 Mon, 09 Jan 2012 19:42:49 -0600 Best Buy sales were down in December Sales were down last month at Richfield-based Best Buy. But the sales drop for the consumer electronics retailer was not as big as last year's, despite stiff competition. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/06/best-buy-sales-down?refid=0 Fri, 06 Jan 2012 15:21:08 -0600 Retailers lining up to fill space when Bloomingdale's vacates The Mall of America will undergo a major big transformation this year when Bloomingdale's, an anchor tenant since the mall opened in 1992, will close its store. Several new tenants have been lined up that will increase traffic and sales, say Mall of America officials. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/05/mall-of-america-after-bloomingdales?refid=0 Thu, 05 Jan 2012 04:00:00 -0600 Bloomingdale's at Mall of America to close The Bloomingdale's store at the Mall of America will be closing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/04/moa-bloomingdales-closing?refid=0 Wed, 04 Jan 2012 12:09:59 -0600 3M buys office supply unit of Avery Dennison for $550M 3M is buying the office and consumer products business of California-based Avery Dennison for $550 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/01/03/3m-avery-dennison-deal?refid=0 Tue, 03 Jan 2012 13:15:29 -0600 DPS officials hope to continue trend of safer New Year's Fewer Minnesotans have been drinking and driving in the course of their New Year celebrations, public safety officials say. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/31/nye-dwi-enforcement?refid=0 Sat, 31 Dec 2011 00:00:00 -0600 Goodwill: Still time to make tax-deductible donation There is still time for people who want to make tax deductible contributions of clothing, furniture, cars, boats and other items. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/31/goodwill-donation?refid=0 Sat, 31 Dec 2011 00:00:00 -0600 Number of bank robberies jumps in December Bank robberies in Minnesota are up this month, compared to a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/31/bank-robbery?refid=0 Sat, 31 Dec 2011 00:00:00 -0600 'Use-it-or-lose-it' health account spending rule could get lost The use-it-or-lose component of flexible spending accounts sends many people racing to use the money by year's end. But there is some chance the use-it-or-lose rule could be overturned, perhaps next year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/30/fsa-spending?refid=0 Fri, 30 Dec 2011 04:00:00 -0600 Seeking online revenue, businesses, non-profits sell ad space Online sales are expected to show a 15 percent increase this holiday season, and as consumers do more of their shopping online, retailers and other businesses are trying to figure out ways to make money from all the traffic that comes to their websites -- even if they don't get a sale. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/26/target-bestbuy-delta-mine-online-ads?refid=0 Tue, 27 Dec 2011 04:00:00 -0600 Demand leaves Best Buy unable to fulfill some online orders It's another headache for Best Buy, and it could be big. With Christmas only a few days away, Best Buy is telling some customers their online orders won't arrive in time. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/22/best-buy-fulfillment?refid=0 Thu, 22 Dec 2011 18:00:00 -0600 Bixby Energy System's former CEO is arrested The U.S. Attorney's Office isn't saying what charges Robert Walker will face. He will appear before a federal judge Wednesday afternoon in St. Paul. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/21/former-ceo-of-bixby-arrested?refid=0 Wed, 21 Dec 2011 12:55:40 -0600 Prime Therapeutics adding 300 jobs in Eagan The company manages pharmacy benefits for health insurers, and is adding the jobs in business analysis and information technology. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/20/prime-therapeutics-adds-jobs?refid=0 Tue, 20 Dec 2011 12:22:22 -0600 Polaris sales up as power sports vehicle industry suffers It's been a lousy year for snow, and that's just one of the troubles plaguing companies that make snowmobiles and other power sports vehicles. But Minnesota-based Polaris has defied the downturn and expects sales to jump 30 percent this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/18/polaris-sales-up?refid=0 Mon, 19 Dec 2011 04:00:00 -0600 St. Jude-sold defibrillator wires under watch by FDA The U.S. Food and Drug Administration is warning physicians to closely watch some defibrillator wires once sold by St. Jude Medical. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/16/saint-jude-defibrillator-wires?refid=0 Fri, 16 Dec 2011 12:01:40 -0600 Best Buy shares drop 15% after disappointing quarterly report Shares of Best Buy plunged 15 percent Tuesday, after the retailer's quarterly report showed a drop in profit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/13/best-buy-shares-drop?refid=0 Tue, 13 Dec 2011 19:34:23 -0600 Best Buy announces quarterly report Tuesday Best Buy on Tuesday will report on the company's holiday sales performance so far this season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/12/best-buy-quarterly-report?refid=0 Mon, 12 Dec 2011 16:21:05 -0600 Appeals court affirms Petters conviction, sentence A federal appeals court Friday upheld the conviction and 50-year prison sentence of Minnesota businessman Tom Petters. He was found guilty of orchestrating a $3.7 billion Ponzi scheme. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/09/petters-appeal?refid=0 Fri, 09 Dec 2011 13:34:03 -0600 Trade group signs with FDA to improve medtech approval process The Food and Drug Administration today pledged to work with Minnesota companies to improve evaluation of medical devices before they go to market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/08/trade-group-signs-with-fda-to-improve-medtech-approval-process?refid=0 Thu, 08 Dec 2011 00:00:00 -0600 FDA, trade group to speed up approval for medical devices An organization representing Minnesota's medical technology companies will work with the Food and Drug Administration to improve the process for approving medical devices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/07/fda-approval-medical-devices?refid=0 Wed, 07 Dec 2011 04:00:00 -0600 3M officials expect company growth, but global financial woes will continue Officials with 3M expect financial woes around the world to continue in the upcoming year, but nothing approaching a financial meltdown. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/06/3m-growth?refid=0 Tue, 06 Dec 2011 16:11:20 -0600 Target's holiday sales slower than expected Target's holiday season didn't start off very well, with November sales below the retailer's expectations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/01/targets-holiday-sales-performance?refid=0 Thu, 01 Dec 2011 18:51:00 -0600 Target November sales below Wall Street's expectations Despite overall robust Thanksgiving holiday shopping across the country, Target's holiday season didn't get off to a very good start. The retailer's November sales were below expectations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/01/target-november-sales?refid=0 Thu, 01 Dec 2011 12:13:21 -0600 In Mpls., Google boss reiterates free services and slams online piracy bills Google Executive Chairman Eric Schmidt, speaking in Minneapolis Wednesday, said the company will get the vast majority of its revenue from advertising for years to come. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/30/google-eric-schmidt-minneapolis?refid=0 Wed, 30 Nov 2011 15:22:27 -0600 Retail and online holiday sales off to strong start The Thanksgiving weekend brought an unexpectedly strong start to the holiday shopping season. Analysts say online retailers could be having their best year ever. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/28/retail-online-holiday-sales?refid=0 Mon, 28 Nov 2011 21:45:31 -0600 Target hustles to prepare website, fix wounded pride Fraught with website woes, Target has been hustling to prepare its site to withstand the expected onslaught of post-Thanksgiving traffic that's likely to peak next Monday, known as CyberMonday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/25/target-website-black-friday?refid=0 Fri, 25 Nov 2011 04:00:00 -0600 Retailers take heat for earlier Black Friday openings An unprecedented number of stores are opening earlier than ever on Black Friday this year. Some planned openings have brought criticism on retailers, which claim they're responding to what customers want. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/23/black-friday-hours?refid=0 Wed, 23 Nov 2011 04:00:00 -0600 Target: Employee behind Black Friday petition not scheduled to work that day Target says the employee leading an online petition drive protesting the retailer's midnight opening on Black Friday was never scheduled to work that day. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/17/target-petition?refid=0 Thu, 17 Nov 2011 16:10:31 -0600 Industry reps examine Minnesota's future in robotics Industry leaders are examining Minnesota's strengths and potential in the field of robotics at a high tech conference today. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/17/minnesota-future-robotics?refid=0 Thu, 17 Nov 2011 04:00:00 -0600 Legislators, retailers work to close online sales tax loophole Shopping online lets buyers often skip out on paying sales tax. That amounts to as much as $400 million a year in lost sales tax revenue to the state of Minnesota. Brick-and-mortar retailers are lining up behind a congressional bill that would allow states to require all retailers to collect sales taxes due. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/17/online-sales-tax-loophole?refid=0 Thu, 17 Nov 2011 04:00:00 -0600 Target's 3Q profits bode well for holiday season, analysts say Some analysts say Target's bigger-than-expected jump in quarterly profits announced Wednesday bodes well for the company's holiday sales performance. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/16/target-thid-quarter-profits?refid=0 Wed, 16 Nov 2011 13:54:16 -0600 Capella announces layoffs in cost-cutting move Minneapolis-based Capella Education Corp., which runs the online Capella University, is laying off 65 employees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/15/capella-announces-layoffs?refid=0 Tue, 15 Nov 2011 13:54:33 -0600 Some Target employees bristle over Black Friday hours A Target employee in Omaha has started an online petition urging the retailer to open at 5 a.m. on Black Friday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/14/target-employees-black-friday-hours?refid=0 Mon, 14 Nov 2011 18:56:01 -0600 Women's clothes retailer will close 100 stores Plymouth-based Christopher & Banks is closing 100 of its retail stores nationwide in a move that could cost as many as 1,000 people their jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/11/christopher-banks-close-stores?refid=0 Fri, 11 Nov 2011 16:57:41 -0600 Minn. credit unions add 600 customers on 'Bank Transfer Day' Minnesota credit unions added 600 customers and $1.3 million in deposits during this past Saturday's Bank Transfer Day. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/10/minnesota-credit-unions-bank-transfer-day?refid=0 Thu, 10 Nov 2011 16:07:11 -0600 Action against sandwich shop workers was illegal, labor board says The owner of ten Twin Cities Jimmy John's sandwich shops illegally fired or disciplined workers involved in union activity, said the National Labor Relations Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/09/sandwich-shop-workers?refid=0 Wed, 09 Nov 2011 17:37:59 -0600 Andersen Corp. to lay off 250 workers Window and door maker Andersen Corporation blamed the housing market slump as it laid off 250 employees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/09/anderson-layoffs?refid=0 Wed, 09 Nov 2011 14:05:26 -0600 Best Buy's strategy to keep customers connected Best Buy officials were clear today they believe the company's greatest opportunities are in wireless devices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/07/best-buy-uk-stores-mobile-venture?refid=0 Mon, 07 Nov 2011 14:33:02 -0600 Credit unions reap from consumer discontent with banks Saturday for some people is Bank Transfer Day, a campaign urging people to close their accounts at big banks and put their money in credit unions and small community banks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/04/consumer-discontent-banks?refid=0 Fri, 04 Nov 2011 17:38:01 -0500 Credit unions benefiting from discontent with big banks Minnesota credit unions seem to be benefiting from consumer discontent with banks. Since the end of September, the state's credit unions added about 10,000 new members and took in $71 million in deposits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/04/credit-unions-big-banks?refid=0 Fri, 04 Nov 2011 14:04:47 -0500 Longtime Target CFO to retire Another top Target executive is leaving the Minneapolis-based retailer. Longtime chief financial officer Doug Scovanner will retire from Target next March. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/01/target-cfo-retires?refid=0 Tue, 01 Nov 2011 15:15:40 -0500 Midwest economic survey dips; Minn. performance better For the first time in nearly two years, the overall Business Conditions Index for a nine-state region of the Midwest and Plains took a negative turn. But the outlook in Minnesota is brighter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/11/01/midwest-economy?refid=0 Tue, 01 Nov 2011 06:50:43 -0500 Tiny technology is one of 3M's biggest assets 3M makes more than 50,000 products, but one of the company's most important technologies is at the core of a wide range of products, including road signs, grinders, and overhead projectors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/31/3m-microreplication?refid=0 Tue, 01 Nov 2011 04:00:00 -0500 Star Tribune to charge for online news access Starting Tuesday the Star Tribune will charge some people who only read the state's largest daily on the Internet. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/31/star-tribune-news-access?refid=0 Mon, 31 Oct 2011 00:00:00 -0500 Medtronic heart device's risks outweigh benefits, panel advises FDA The catheter in the device uses extreme heat to correct irregular heartbeats. In 2009, Medtronic paid $225 million for the company that developed the device. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/28/medtronic-atrial-fibrilation-device-risks?refid=0 Fri, 28 Oct 2011 12:38:58 -0500 Delta loan payoff could free airline to cut workforce Delta Air Lines' decision to pay off a nearly $200 million loan frees the airline from a commitment to keep at least 10,000 employees in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/26/delta-loan-payoff?refid=0 Wed, 26 Oct 2011 17:38:25 -0500 3M stocks tripped up on earnings and sales report The company's report is worrisome as 3M is often considered a bellwether for the economy because the materials it makes show up in cars, planes, hospitals, dentist offices, TVs, cell phones and myriad other devices and places. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/25/3m-earnings-report?refid=0 Tue, 25 Oct 2011 16:36:08 -0500 Some restaurants tell waitstaff to eat tip-related card fees Some Minnesota restaurants are trying to recover the costs of credit and debit card use by passing along tip-related fees to their waitstaff. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/24/restaurants-tip-related-card-fees?refid=0 Mon, 24 Oct 2011 15:24:08 -0500 US Bank shuns debit card fees US Bank will not charge customers fees for using debit cards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/20/us-bank-shuns-debit-card-fees?refid=0 Thu, 20 Oct 2011 17:58:15 -0500 Heart failure hospitalizations drop by 30 percent A new study found a 30 percent drop in heart failure hospitalizations from 1998 to 2008. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/18/heart-failure-hospitalizations-drop?refid=0 Tue, 18 Oct 2011 20:19:01 -0500 With trial and error, Target moving forward with in-house website Two website crashes in recent weeks have raised questions about Target's e-commerce strategy and the technology behind it. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/14/target-website?refid=0 Fri, 14 Oct 2011 17:24:11 -0500 TCF to buy Calif.-based car loan finance company TCF Bank is buying a California-based company that finances used car loans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/13/tcf-car-loan-finace?refid=0 Thu, 13 Oct 2011 19:11:22 -0500 Target's online president departs Target Corp. says the head of its online business has left the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/13/target-online-president-departs?refid=0 Thu, 13 Oct 2011 17:47:37 -0500 Retailers cross fingers, expect tough holiday season It's already looking like Christmas at a lot of Minnesota retailers. Given the sorry state of the economy, many retailers are somewhat anxious about the holiday shopping season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/11/retailers-expect-tough-holiday-season?refid=0 Wed, 12 Oct 2011 04:00:00 -0500 3M president praises Apple's Steve Jobs as brilliant 3M CEO George Buckley Thursday praised Apple founder Steve Jobs as a great innovator. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/06/3m-buckley-steve-jobs?refid=0 Thu, 06 Oct 2011 16:01:15 -0500 Airport travelers can order food delivery to departure gate Hungry travelers can now use their smartphones to order food for delivery at airport departure gates. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/04/airport-travelers-food-delivery-departure-gate?refid=0 Tue, 04 Oct 2011 16:41:03 -0500 CenturyLink to provide low-cost high-speed Internet Another company says it will provide low-cost high-speed Internet connections to Minnesotans who otherwise could not afford them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/03/centurylink-to-provide-lowcost-highspeed-internet?refid=0 Mon, 03 Oct 2011 19:06:59 -0500 Target executive leaves for top post at J.C. Penney Target's chief marketing officer, Michael Francis, is leaving to become president of J.C. Penney. Francis worked for Target for about 20 years, helping the retailer refine its upscale image. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/10/03/target-executive-leaves-for-top-post-at-jc-penney?refid=0 Mon, 03 Oct 2011 14:41:41 -0500 New 'swipe fee' regulations for debit cards to kick in Starting Saturday, big banks will get a lot less money from merchants who accept debit cards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/30/swipe-fees?refid=0 Fri, 30 Sep 2011 15:30:12 -0500 Checking, ATM fees lower in Twin Cities ATM and bounced check fees tend to be less severe in the Twin Cities than in similar big-city markets nationwide. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/26/checking-atm-fees-lower-in-twin-cities-than-in-similar-cities?refid=0 Tue, 27 Sep 2011 00:00:00 -0500 Google pushes small Minn. businesses to get online About 60 percent of small businesses in Minnesota do not have a website, according to estimates by Google. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/26/small-business-web-sites?refid=0 Mon, 26 Sep 2011 16:22:48 -0500 Cheech and Chong get fired up over fiber General Mills is creating quite a stir with its hiring of two unrepentant potheads to promote its latest box of Fiber One. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/22/cheech-and-chong-get-fired-up-over-fiber?refid=0 Thu, 22 Sep 2011 19:35:34 -0500 Best Buy income, stocks tumble as company struggles against online retailers Consumer electronics giant Best Buy reported disappointing sales and earning for the third quarter, which ended last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/13/best-buy-earnings?refid=0 Tue, 13 Sep 2011 10:05:35 -0500 Comcast now offers $10 Internet for low-income families Households in the Twin Cities and western Wisconsin with low-income elementary and secondary students are now able to get high-speed Internet service for about $10 a month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/12/comcast-now-offers-cheap-internet-for-low-income-families?refid=0 Mon, 12 Sep 2011 06:00:00 -0500 Low expectations for Bernanke's speech in Minneapolis If Federal Reserve Chairman Ben Bernanke adheres to past appearances, he will choose his words very carefully when he speaks at the Economic Club of Minnesota Thursday afternoon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/07/low-expectations-for-bernankes-speech-in-minneapolis?refid=0 Thu, 08 Sep 2011 04:00:00 -0500 Job market up, but slowing and still very competitive Job vacancies in Minnesota were up by nearly a third this spring compared to the same time last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/01/jobs-market-grows-competitive?refid=0 Thu, 01 Sep 2011 18:33:42 -0500 Focus on innovation and overseas market, new Medtronic CEO says Medtronic's new CEO told shareholders the company must become better at developing products that provide both medical and economic value. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/25/medtronic-ceo-omar-ishrak?refid=0 Thu, 25 Aug 2011 14:43:40 -0500 State fair ticket price hike keeps services going To cope with rising expenses, ticket prices at the Minnesota State Fair gates are going up. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/25/state-fair-ticket-price-hike-keeps-services-going?refid=0 Thu, 25 Aug 2011 04:00:00 -0500 Fair ticket prices go up; limited discount available State fair ticket prices are going up by a dollar for adults and $2 for children. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/23/fair-ticket-prices-go-up-limited-discount-available?refid=0 Wed, 24 Aug 2011 04:00:00 -0500 Medtronic fiscal 1Q profit slips 1 percent The Minneapolis-based company said net income fell to $821 million, or 77 cents per share, from $830 million, or 76 cents per share. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/23/medtronic-fiscal-q1-profit-slips?refid=0 Tue, 23 Aug 2011 08:56:03 -0500 EEOC: 3M settles age discrimination complaint The U.S. Equal Employment Opportunity Commission says technology giant 3M has agreed to pay $3 million to several hundred former employees who accused the company of age discrimination. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/22/3m-settle-suit-with-eeoc?refid=0 Mon, 22 Aug 2011 10:48:44 -0500 State shutdown pushes unemployment rate to 7.2 pct. Minnesota's jobless rate jumped from 6.8 percent in June to 7.2 percent in July as employers shed nearly 20,000 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/18/minnesota-unemployment-july?refid=0 Thu, 18 Aug 2011 10:07:50 -0500 Twin Cities financiers confident of debt ceiling deal soon Twin Cities investors and bankers say they are confident a deal will be brokered, and their customers don't seem worried about their investments. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/25/financiers-watch-debt-ceiling-standoff?refid=0 Tue, 26 Jul 2011 04:00:00 -0500 Did government deliver on jobs? For the past seven months, jobs and the state budget were atop of the discussion for Gov. Mark Dayton and lawmakers. But did they deliver on jobs? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/21/budget-jobs-lawmakers?refid=0 Thu, 21 Jul 2011 17:46:51 -0500 State sees job gains in June; biggest jump since Oct. Minnesota employers added 13,200 jobs in June, with the biggest employment gain since October, and the second biggest jump since 2005. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/21/june-job-employment-gains?refid=0 Thu, 21 Jul 2011 17:06:57 -0500 Minnesota adds 13,200 jobs in June Minnesota employers added 13,200 jobs in June, according to figures released today by the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/21/june_employment?refid=0 Thu, 21 Jul 2011 11:17:30 -0500 Questions remain for how budget will affect state workers The budget bills Gov. Mark Dayton signed Wednesday will likely translate to reduced funding to some departments and cuts to the state workforce by 6 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/20/unanswered-budget-questions?refid=0 Wed, 20 Jul 2011 18:47:33 -0500 Delay in reaching finalized budget worries state workers Many expected political squabbling to slow down a solution, but delays in reaching a finalized budget worry some of the roughly 22,000 state workers who remain laid off. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/19/delays-in-reaching-finalized-budget-worries-state-workers-?refid=0 Tue, 19 Jul 2011 04:00:00 -0500 Economists cautious on borrowing against tobacco fund The state budget deal brewing between Gov. Mark Dayton and Republican legislative leaders involves a lot of debt, including perhaps borrowing $700 million by tapping future tobacco settlement payments. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/15/economists-cautious-on-borrowing-against-tobacco-fund?refid=0 Fri, 15 Jul 2011 20:12:42 -0500 State employees ready to get back to work, but concerned about deal State employees should be able to return to their jobs within days, but they are concerned about what the budget agreement means for them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/15/state-employees-get-back-to-work?refid=0 Fri, 15 Jul 2011 04:00:00 -0500 Shutdown: Many losers, but some businesses hope for a boost There certainly are a lot of clear losers because of the shutdown of Minnesota state government. But are there any winners? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/13/shutdown-winners-losers?refid=0 Thu, 14 Jul 2011 05:00:00 -0500 Medtronic to acquire two medical device manufacturers In a bid to expand its presence in advanced surgical devices, Medtronic has struck deals to acquire two privately-held companies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/07/medtronic-acqure-salient-peak?refid=0 Thu, 07 Jul 2011 20:30:13 -0500 With government shut down, workers' comp claims in limbo Without a working state government, disputes over workers' compensation benefits are on hold, leaving thousands of medical insurance claims in limbo. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/06/shutdown-workers-compensation-claim?refid=0 Thu, 07 Jul 2011 00:00:00 -0500 Who voters will hold responsible for shutdown State government has been largely shut down for four days now. If the shutdown drags on, there may be severe consequences at the polls for some political leaders. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/04/shutdown-citizen-voices?refid=0 Mon, 04 Jul 2011 16:18:00 -0500 Largest layoff in state history; 22,000 workers added to unemployment pool Today this is the first day of what's undoubtedly the biggest layoff in state history, with 22,000 state employees out of work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/01/shutdown-state-employees-laid-off?refid=0 Fri, 01 Jul 2011 17:19:23 -0500 Medtronic fights off poor perception, criticism Safety, ethical and legal concerns have dogged Medtronic for years, and the company continues to endure a public relations pounding. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/30/medtronic-infuse-pr-criticism?refid=0 Thu, 30 Jun 2011 18:01:10 -0500 Amid fight with TCF, Fed relents on debit fees Banks can only charge retailers 21 cents each time they swipe a debit card, the Federal Reserve said today. The decision leaves Minnesota retailers and banks unhappy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/29/debit-card-fees?refid=0 Wed, 29 Jun 2011 16:56:36 -0500 Medical journal blasts Medtronic-sponsored studies of spine product Studies of Medtronic Inc.'s Infuse, used to spur bone growth after spinal surgery, failed to disclose serious and potentially life-threatening side effects, leading to excess use of the product, researchers said. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/28/medtronic-infuse-spine-trial-study?refid=0 Tue, 28 Jun 2011 17:54:50 -0500 State employees nervously anticipate shutdown, layoffs State employees are growing increasingly anxious as it appears many could be laid off if the stalemate over the state's budget forces a shutdown of state operations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/28/shutdown-state-smployees-layoff?refid=0 Tue, 28 Jun 2011 00:00:00 -0500 Fed forecasts drop in Minn. job growth and jobless rates The Federal Reserve Bank of Minneapolis has tweaked its economic outlook for Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/27/minneapolis-fed-revises-forecast?refid=0 Mon, 27 Jun 2011 15:38:27 -0500 Lawson settling 8 shareholder lawsuits in connection with sale Lawson Software says it's settling eight shareholder lawsuits filed in connection with the company's sale announced this past spring. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/23/lawson?refid=0 Thu, 23 Jun 2011 14:43:56 -0500 3M to introduce e-book service aimed at libraries 3M Co. plans to debut an e-book service today that it hopes to sell to libraries across the country. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/23/3m-to-unveil-ebook-lending-program-for-libraries?refid=0 Thu, 23 Jun 2011 06:08:49 -0500 Senators asking Medtronic to address concerns over bone graft product Two U.S. senators have asked Medtronic to address concerns about the safety of its InFuse bone graft product, as well as financial ties between the company and clinical investigators who reviewed the device. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/22/medtronic-infuse?refid=0 Wed, 22 Jun 2011 14:57:43 -0500 Best Buy OK's $5B buyback, raises dividend 7% Best Buy's stock is up about 3 percent today after the consumer electronics retailer announced plans to boost dividend payments and buy back stock. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/21/best-buy-stock?refid=0 Tue, 21 Jun 2011 13:06:12 -0500 Alleging extortion, 3M sues British investment firm 3M has sued a British investment firm and its CEO, charging they have tried to extort $30 million from the Maplewood-based company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/20/3m-counter-suit?refid=0 Mon, 20 Jun 2011 17:49:57 -0500 TCF asking court to block law limiting swipe fees TCF Bank's fight with the Federal Reserve Board over debit card fees reaches a critical juncture Thursday. The bank will ask a panel of judges at the U.S. 8th Circuit Court of Appeals in St. Louis to block a law requiring banks to slash the fees they charge merchants whenever a customer makes a debit card purchase. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/16/tcf-swipe-fees?refid=0 Thu, 16 Jun 2011 03:00:00 -0500 Best Buy 1st quarter net income falls Growth in China and strong mobile phone sales helped to push Best Buy's first-quarter net income and revenue beyond Wall Street expectations Tuesday, sending shares jumping more than 7 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/14/best-buy-earnings?refid=0 Tue, 14 Jun 2011 09:03:55 -0500 Union vote in NY puts Target in labor rights spotlight Next week, about 250 workers at a Target store just outside New York City will decide if they want to unionize. If the union drive succeeds, the store will become the first in Target history to be unionized. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/09/target-unions?refid=0 Thu, 09 Jun 2011 13:45:25 -0500 Delta plans to move Minn. jobs, consolidate facilities Delta Air Lines says a few hundred Minnesota employees will be affected. Delta blames high fuel prices, which have forced the company to cut capacity and shutter some buildings. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/07/deltaconsolidation?refid=0 Tue, 07 Jun 2011 19:50:00 -0500 Frontier Airlines opens nonstop route from MSP to Kansas City Airfares between the Twin Cities and Kansas City have plummeted as Frontier Airlines introduced nonstop service on the route this week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/07/kansas-city-airfare?refid=0 Tue, 07 Jun 2011 14:33:17 -0500 Medtronic endorses trade association's plans for future Medtronic is backing several industry proposals to foster the growth of the nation's medical device industry and sustain America's leadership in the sector. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/03/medtronics-future?refid=0 Mon, 06 Jun 2011 05:00:00 -0500 No budget deal could result in the state's largest layoff State government is the largest single employer in Minnesota with about 35,000 employees working for various state agencies under the executive branch, some 4,000 people working in state courts and higher education and tens of thousands more in higher education. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/02/state-workers?refid=0 Fri, 03 Jun 2011 05:00:00 -0500 Police investigating two separate shootings in Minneapolis Police are investigating the shooting of six people in downtown and south Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/31/shootings-investigation?refid=0 Tue, 31 May 2011 05:35:05 -0500 Boating industry hoping recent sales increases a sign of a rebound Sales of new boats, outboard engines, trailers and accessories have fallen for at least five consecutive years in Minnesota, but the state's boating industry is hoping a slowly improving economy will help sales rebound this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/30/boat-sales-minnesota?refid=0 Mon, 30 May 2011 15:31:28 -0500 The specter of a shutdown looms over government workers If no budget agreement is reached by July 1, the state would furlough most of its more than 30,000 workers, everyone of them going without a paycheck for an indeterminate amount of time. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/25/shutdown-workers?refid=0 Wed, 25 May 2011 17:51:07 -0500 Mpls. Fed: One-third of Minn. banks struggling The Federal Reserve Bank of Minneapolis says about a third of banks in Minnesota are struggling, burdened by bad business loans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/23/minnesota-banks-struggling?refid=0 Mon, 23 May 2011 13:40:15 -0500 AFSCME director: Members should prepare for gov't shutdown With no budget deal in sight at the state Capitol, the biggest union for state employees is telling members to prepare for a government shutdown that could leave them without paychecks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/20/afscme-director-members-should-prepare-for-govt-shutdown?refid=0 Fri, 20 May 2011 11:39:49 -0500 Retailers get into the act of recycling electronics Retailers are increasingly helping customers recycle everything from cell phones and printer cartridges to computers and TVs. That's made retailers important players in the effort to control electronic waste in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/18/electronics-recycling?refid=0 Thu, 19 May 2011 00:00:00 -0500 3M promotion reveals next in line for CEO job, analysts say Wall Street analysts believe Inge Thulin is in line to succeed CEO George Buckley when he steps down. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/16/3m-coo?refid=0 Mon, 16 May 2011 11:54:25 -0500 General Dynamics closes Bloomington facility General Dynamics says most of the employees being laid off are engineers who have been developing compact, rugged computer systems that can withstand combat situations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/12/general-dynamics?refid=0 Thu, 12 May 2011 19:29:48 -0500 Man sues Chipotle, claiming discrimination The 39-year-old Mexican man was asked for an ID when trying to buy a beer. He presented his Mexican passport but was told it was unacceptable, although Minnesota law says foreign passports are sufficient proof of age. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/12/chipotle-lawsuit?refid=0 Thu, 12 May 2011 17:07:21 -0500 Minn. workforce is lean even before proposed cuts A GOP proposal would cut 15 percent of state jobs -- excluding higher education positions, but a review of government figures finds that by some measures, Minnesota's workforce is leaner than most states'. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/09/state-workforce-cut?refid=0 Mon, 09 May 2011 03:00:00 -0500 Supervalu to unite store-brand products under one name The grocery firm now offers store brands under several banners, including Cub Foods in the Twin Cities. Starting in June, Supervalu will begin using the Essential Everyday label at some 1,100 company-owned or operated stores. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/03/supervalu?refid=0 Tue, 03 May 2011 17:02:41 -0500 FTC settles with Minn. company over data theft The Federal Trade Commission has settled charges against Bloomington-based Ceridian for allegedly failing to protect sensitive personal information of customers' employees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/03/ftc-ceridian?refid=0 Tue, 03 May 2011 16:11:05 -0500 TCF takes its bank fees lawsuit to a different court TCF is suing the Federal Reserve, which has proposed steep cuts in the fees banks charge retailers for debit card transactions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/02/tcf-lawsuit?refid=0 Mon, 02 May 2011 17:06:54 -0500 Target pilots greener refrigeration cases Target is testing some refrigeration cases in a few of its retail stores, which are designed to be environmentally friendly. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/27/target-refrigeration-energy?refid=0 Wed, 27 Apr 2011 23:27:32 -0500 Medtronic announces layoffs in Twin Cities Medtronic, the world's largest medical device maker, is laying off 268 Twin Cites employees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/27/medtronic-job-cuts?refid=0 Wed, 27 Apr 2011 15:48:20 -0500 St. Paul's Lawson Software sold for $2B Lawson Software announced early this morning that it will sell itself to a private equity firm and a software firm for about $2 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/26/lawsonsoftware?refid=0 Tue, 26 Apr 2011 10:00:59 -0500 After Lawson sale, jobs picture unclear for employees St. Paul-based Lawson Software has agreed to a $2 billion buyout offer from the private equity firm Golden Gate Capital and business-software company Infor. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/26/lawson?refid=0 Tue, 26 Apr 2011 06:24:08 -0500 TCF experiments with new overdraft fee policy The bank is testing out the new fee policy in Michigan. It charges customers one overdraft fee per day, rather than a fee for each overdrawn transaction. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/22/tcf-overdraft-fees?refid=0 Fri, 22 Apr 2011 14:56:19 -0500 Japan disaster is felt by St. Jude Medical The books and employees of the maker of pacemakers and artificial heart valves feel the effects of earthquake and tsunami. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/20/stjude-earnings?refid=0 Wed, 20 Apr 2011 18:45:54 -0500 Boston Scientific records first-quarter profit The medical products maker had net income of $20 million, as opposed to losing about $2 million over the same period last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/20/boston-scientific-profit?refid=0 Wed, 20 Apr 2011 18:31:46 -0500 Delta reiterates its commitment to Minnesota Gov. Dayton said he learned the airline is exceeding its promises for employment and air service in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/19/dayton-delta?refid=0 Tue, 19 Apr 2011 18:49:22 -0500 Klobuchar bill would beef up cloud computing protections U.S. Sen. Amy Klobuchar is introducing legislation to better protect individuals and companies using the Internet to store and share data and software. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/18/klobuchar-cloud-computing?refid=0 Mon, 18 Apr 2011 14:02:13 -0500 Boston Scientific begins layoffs announced in February Boston Scientific, which employs some 5,000 Minnesotans, is laying off some employees in the state, though the company won't say how many. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/14/boston-scientific-layoffs?refid=0 Thu, 14 Apr 2011 14:54:14 -0500 Best Buy to scale back its big-box stores Best Buy plans to open up to 800 mobile-device stores as it shrinks its "big-box" stores in an effort to be more competitive as consumers increasingly shop online. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/14/best-buy-to-scale-back-its-big-box-stores?refid=0 Thu, 14 Apr 2011 12:18:34 -0500 Minn. unemployment dips to 6.6 percent in March New figures show Minnesota unemployment edged down a tenth of a percentage point to a seasonally adjusted 6.6 percent in March. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/14/minnesota-unemployment?refid=0 Thu, 14 Apr 2011 10:09:45 -0500 General Mills faces lawsuit over yogurt claim The company faces allegations that it is overstating the health benefits of its YoPlus yogurt. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/13/general-mills-yogurt-lawsuit?refid=0 Thu, 14 Apr 2011 05:00:00 -0500 GAO says unsafe medical devices are still being sold Congress' investigating arm finds the FDA is not reviewing medical devices well enough to ensure the public's safety. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/13/fdagaps?refid=0 Wed, 13 Apr 2011 21:24:33 -0500 Endo Pharma buying Minnetonka-based American Medical for $2.6B A Pennsylvania drug company has agreed to pay $2.6 billion to buy American Medical Systems. That Minnetonka-based firm provides devices and therapies for pelvic health, urology, and gynecology. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/11/endo-pharma-buying-american-medical-for-26b?refid=0 Mon, 11 Apr 2011 09:09:39 -0500 Lockheed-Martin plant in Eagan sold A Minneapolis-based real estate company plans to buy the 51-acre facility. Last November, Lockheed said it would stop the bulk of its operations at the plant and eliminate 1,000 jobs there by 2013. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/07/lockheed-martin-plant-sold?refid=0 Thu, 07 Apr 2011 14:23:31 -0500 UnitedHealth wins protest of $17B Pentagon contract UnitedHealth Group has persuaded the Pentagon to reconsider the awarding of a medical-services contract worth about $17 billion over about five years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/07/unitedhealth-protest?refid=0 Thu, 07 Apr 2011 12:22:55 -0500 AT&T plans $100 million in wireless improvements The upgrade will eventually give most Twin Cities customers data speeds of up to six to seven megabits per second. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/04/att-enhancements?refid=0 Mon, 04 Apr 2011 15:57:14 -0500 Minn. businesses growing more confident, index says A key economic measure shows that Minnesota businesses are feeling more confident about the economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/01/minnesota-business-conditions-index?refid=0 Fri, 01 Apr 2011 13:18:09 -0500 Study: Few women advancing to top positions in Minn. companies A St. Catherine University study has found women are making little progress in winning seats on Minnesota corporate boards or moving into the executive suite. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/01/women-executives-study?refid=0 Fri, 01 Apr 2011 07:12:30 -0500 Labor chief wants more protection for workers starting unions NLRB chair Wilma Liebman said labor's legal rights have steadily eroded in recent decades. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/31/labor-chief-minneapolis?refid=0 Thu, 31 Mar 2011 16:50:22 -0500 Lawson Software reports $21M in net income amid sales rumors St. Paul-based Lawson Software reports it had net income of $21 million for the three months that ended February 28; nearly 12 times the company's bottom line from the same period a year a year ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/30/lawson-software?refid=0 Thu, 31 Mar 2011 00:00:00 -0500 Florida company buying St. Paul-based Green Tree Credit A Florida firm is buying Green Tree Credit Solutions, the St. Paul-based company specializing in collecting payments from homeowners behind on their mortgages. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/29/green-tree?refid=0 Tue, 29 Mar 2011 12:48:14 -0500 FCC hits KMSP with $4K fine over video news release The Federal Communications Commission is proposing a $4,000 fine against KMSP-TV, saying the station should have identified General Motors as the source for video used in a 2006 story about convertible cars. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/25/fcc-kmsp-tv-fine?refid=0 Fri, 25 Mar 2011 16:54:08 -0500 Banks lean on Fed, Congress to drop debit card 'swipe fee' Just a few months ago, it seemed regulators would surely slash the fees banks charge merchants when they accept debit cards. But in the courts and Congress, the banks are trying hard to scuttle the fee cuts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/25/debit-card-fees?refid=0 Fri, 25 Mar 2011 03:00:00 -0500 Best Buy beats profit estimates in 4Q Best Buy beat Wall Street's quarterly profit estimates, as mobile phones sales offset weak demand for TVs and entertainment software during the critical holiday season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/24/best-buy-earns?refid=0 Thu, 24 Mar 2011 11:27:37 -0500 3M reaches settlement in age discrimination lawsuit 3M says it has reached a settlement agreement in an age discrimination lawsuit brought by employees. The company is now seeking court approval of the deal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/18/3m-ageism-lawsuit?refid=0 Fri, 18 Mar 2011 14:07:22 -0500 Best Buy faces competition from more retailers dipping in to electronics market In 2009, Best Buy was dominating the consumer electronics business, but the Richfield-based retailer is facing increasing competition from the likes of Wal-Mart, Amazon.com and Target. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/15/best-buy-competition?refid=0 Tue, 15 Mar 2011 14:03:00 -0500 Delta cancels flight from MSP to Japan Delta Air Lines has canceled a flight Friday afternoon from the Twin Cities to Japan, as a result of runway and facility closures at Tokyo's Narita airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/11/delta-flight-canceled?refid=0 Fri, 11 Mar 2011 12:02:06 -0600 FDA asks Medtronic for more info on bone graft product Medtronic says U.S. health regulators have told the company they can't consider approving a new bone graft product without additional information. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/10/medtronic-bone-graft?refid=0 Thu, 10 Mar 2011 18:13:06 -0600 Medtronic resolves FDA warnings over 2 factories Twin Cities-based Medtronic says it's resolved two warning letters from the Food and Drug Administration clearing the way for the introduction of new medical devices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/09/medtronic-fda?refid=0 Wed, 09 Mar 2011 16:40:02 -0600 In Mpls., Wells Fargo CEO analyzes slow recovery The CEO of Wells Fargo Bank says U.S. companies are sitting on about $2 trillion in cash but they're afraid to spend it. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/08/wells-fargo-ceo-john-stumpf?refid=0 Tue, 08 Mar 2011 16:33:43 -0600 Wayzata money manager accused in $194M fraud The United States Securities and Exchange Commission has accused a Wayzata money manager of participating in a fraudulent scheme that took in at least $194 million from close to 1,000 alleged victims. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/07/money-manager-fraud-charges?refid=0 Mon, 07 Mar 2011 15:54:58 -0600 Reports of layoffs at Boston Scientific no surprise to analysts Boston Scientific, which employs some 5,000 Minnesotans, is keeping mum about reports it's planning job cuts that could fall heavily in the state. But with some of the company's key businesses in the doldrums, analysts say job cuts would make sense. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/03/boston-scientific-layoffs?refid=0 Thu, 03 Mar 2011 09:48:35 -0600 Delta flight attendants sue over profit-sharing Six flight attendants for Delta Air Lines Inc. are suing the airline because their profit-sharing checks were smaller because of a union dispute. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/02/delta-profit-sharing-suit?refid=0 Wed, 02 Mar 2011 15:15:37 -0600 Minnesota's largest companies flush with cash, but jobs impact small Mathematically, the $40 billion that Minnesota's Fortune 500 firms are holding could pay one year's median wage and benefits for hundreds of thousands of Minnesotans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/02/fortune-500-companies-hiring?refid=0 Wed, 02 Mar 2011 03:00:00 -0600 Target's 4Q profit rises on surging grocery sales, credit-card earnings jump Target Corp. posted an 11 percent increase in fourth-quarter profits, the Minneapolis-based retail giant reported Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/24/target-earnings?refid=0 Thu, 24 Feb 2011 07:08:12 -0600 Target, Lady Gaga team up The flamboyant recording artist Lady Gaga says Target has agreed to be more supportive of gay organizations, as part of deal allowing the retailer to sell an exclusive edition of Gaga's upcoming album "Born This Way." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/23/target-lady-gaga?refid=0 Wed, 23 Feb 2011 15:31:15 -0600 Survey: Manufacturing execs upbeat about economy A new survey finds Minnesota manufacturing executives more upbeat about the fortunes of their own businesses and the economy in general. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/22/manufacturing-economy-survey?refid=0 Tue, 22 Feb 2011 20:26:56 -0600 Medtronic plans huge job cuts, impact in Minn. unknown Medtronic, the world's largest medical device maker, said Tuesday it will lay off up to 2,000 workers as part of a restructuring effort amid sluggish sales of its implants. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/22/medtronic-earns?refid=0 Tue, 22 Feb 2011 06:59:06 -0600 Target revises policy on political contributions Target has revised its policy on political contributions, following a furor that arose last year after Target gave $150,000 to a group backing Tom Emmer, the Republican Party's candidate for governor. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/17/target-political-contributions?refid=0 Thu, 17 Feb 2011 17:48:07 -0600 Medtronic advises physicians on pump-refill errors Medtronic, the Fridley-based medical device manufacturer, says eight deaths have been reported in connection to mistakes in refilling its Synchromed implantable infusion pumps. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/16/medtronic-infusion-pumps?refid=0 Wed, 16 Feb 2011 17:41:44 -0600 Delta: Frequent flier miles will no longer expire Members of the Delta Air Lines frequent flier program won't have to worry any more about their SkyMiles expiring. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/15/delta-skymiles-expiration?refid=0 Tue, 15 Feb 2011 16:40:59 -0600 Minneapolis-based Capella Education expects 35 percent enrollment drop Capella Education, which operates a for-profit online university headquartered in Minneapolis, expects new student enrollments will drop 35 percent for the current quarter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/15/capella-enrollment?refid=0 Tue, 15 Feb 2011 13:37:57 -0600 Delta sharing good year of profits with employees Delta Air Lines posted a net profit of more than a billion dollars last year, and the company is sharing its good fortune with its some 80,000 employees, including about 13,000 in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/14/delta-profit-sharing?refid=0 Mon, 14 Feb 2011 12:52:22 -0600 'Grandfather of snowmobiling' Edgar Hetteen dies Edgar Hetteen, the "grandfather of snowmobiling" who helped to start Polaris and Arctic Cat, has died. He was 90 years old. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/14/hetteen-obit?refid=0 Mon, 14 Feb 2011 12:30:15 -0600 Denny Hecker sentenced to 10 years for fraud Former Twin Cities auto mogul Denny Hecker was sentenced Friday to 10 years in prison after pleading guilty to bankruptcy and wire fraud. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/11/hecker-sentenced?refid=0 Fri, 11 Feb 2011 11:54:00 -0600 Denny Hecker learns his prison sentence today Former Twin Cities auto mogul Denny Hecker pleaded guilty last September, cutting a deal that called for him to spend no more than 10 years in jail. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/11/denny-hecker-sentencing?refid=0 Fri, 11 Feb 2011 03:00:00 -0600 3M deploys fast electric car charging stations at Maplewood campus 3M is deploying two fast charging stations for electric cars on its Maplewood campus, anticipating electric vehicles will become more common in coming years. The stations can juice up a car in about four hours. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/10/3m-charging-station?refid=0 Thu, 10 Feb 2011 13:09:24 -0600 Target's Jan. sales measure edges up, but misses expectations Target said Thursday revenue in stores open at least one year edged up 1.7 percent from January 2010. That just missed analyst expectations of a 1.9 percent rise. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/03/target-sales?refid=0 Thu, 03 Feb 2011 09:12:59 -0600 Hecker attorney recommends 8-year sentence The attorney for auto mogul Denny Hecker is asking that his client serve no more than eight years in prison for committing bankruptcy fraud and defrauding lenders. But government prosecutors want him jailed for 10 years. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/02/hecker-sentence-recommendation?refid=0 Wed, 02 Feb 2011 15:59:23 -0600 Boston Scientific share price drops after forecast The share price of medical device-maker Boston Scientific is down about 5 percent after the company forecast a difficult 2011. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/01/boston-scientific-earnings?refid=0 Tue, 01 Feb 2011 20:05:39 -0600 Minnesota companies monitoring unrest in Egypt Minnesota companies with operations in Egypt are closely monitoring the unrest there. Minnetonka-based Cargill says the political unrest is affecting all its normal business operations in the country. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/01/egypt-unrest-mn-companies?refid=0 Tue, 01 Feb 2011 19:59:47 -0600 Imation beats expectations, stock rises Shares of Oakdale-based Imation rose 15 percent Tuesday, as the company beat Wall Street earnings and revenue expectations and outlined a turnaround strategy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/01/imation-earnings?refid=0 Tue, 01 Feb 2011 16:06:21 -0600 Tyco plans to cut 250 jobs at ADC plant in Shakopee Tyco Electronics plans to cut some 250 jobs at Eden Prairie-based ADC Telecommunications. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/01/tyco-jobs?refid=0 Tue, 01 Feb 2011 07:08:43 -0600 Tyco cuts 250 jobs at Shakopee manufacturing plant Tyco Electronics, which bought Eden Prairie-based ADC Telecommunications last year, will cut about 250 jobs in the Twin Cities by September. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/31/tyco-electronics-shakopee?refid=0 Mon, 31 Jan 2011 19:32:28 -0600 US sues Boston Scientific, alleging false claims by Guidant unit The United States is suing Boston Scientific, alleging its Guidant unit knew some of its heart devices were defective but continued to sell them anyway. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/27/us-sues-boston-scientific-false-claims-guidant?refid=0 Fri, 28 Jan 2011 00:00:00 -0600 St. Jude reports earnings, sales up in last quarter Little-Canada-based St. Jude Medical on Wednesday reported earnings that were in line with Wall Street's expectations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/26/st-jude-quarterly-report?refid=0 Wed, 26 Jan 2011 11:32:01 -0600 Minn.'s med tech companies hope for better 2011 Last year was turbulent and often disappointing for the medical technology industry, one of Minnesota's most important. The big med tech companies based in the state begin to report their latest earnings this week, as well as their outlook for 2011. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/25/med-tech-outlook?refid=0 Tue, 25 Jan 2011 17:17:02 -0600 Supervalu's recent performance not so super Eden Prairie-based Supervalu, one of the nation's largest grocery store operators, has seen its sales, profits and stock price slipping in recent years. One analyst said it's a middle-of-the-road grocer that doesn't distinguish itself on price or service. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/24/supervalu-performance?refid=0 Mon, 24 Jan 2011 16:14:45 -0600 St. Jude Medical pays $16M to settle kickbacks case Little Canada-based St. Jude Medical has agreed to pay $16 million to the U.S. Department of Justice to settle claims the company paid kickbacks to physicians. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/20/st-jude-settlement-kickbacks?refid=0 Thu, 20 Jan 2011 18:33:38 -0600 Boston Scientific buys Plymouth-based Atritech for $375M Medical device manufacturer Boston Scientific plans to acquire a local firm whose products repair structural heart disease. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/19/boston-scientific-buy?refid=0 Wed, 19 Jan 2011 12:33:43 -0600 Newark mayor: Change won't come until we 'stand up' Newark Mayor Cory Booker told the crowd gathered at the Martin Luther King Jr. Day breakfast in Minneapolis on Monday that liberty and justice won't be achieved for all Americans until people stand up and work for it. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/17/booker-speech-mlk-day?refid=0 Mon, 17 Jan 2011 09:36:09 -0600 New banking rules could shake up credit, debit reward card programs Revisions to banking rules in the works could shift power from banks to retailers, which may mean big changes in the shopping experience -- and the attractiveness of some reward cards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/13/credit-debit-card-reward-programs?refid=0 Thu, 13 Jan 2011 16:33:23 -0600 Nasty East Coast weather cancels MSP flights Many flights are being canceled as a big storm heads up the East Coast and Atlanta struggles to recover from the crippling storm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/11/bad-east-coast-weather-cancels-msp-flights?refid=0 Tue, 11 Jan 2011 13:16:54 -0600 Jimmy John's employees could get second shot at unionization Workers at ten area Jimmy John's restaurants could get another shot at deciding if they want a union under a settlement brokered by the National Labor Relations Board. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/11/jimmy-johns-unions?refid=0 Tue, 11 Jan 2011 06:45:52 -0600 Some MSP flights canceled after snow in the South A storm that dumped up to nine inches of snow on parts of the South has forced the cancellation of nearly 20 flights so far Monday at the Minneapolis-St. Paul International Airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/10/delta-cancels-flights?refid=0 Mon, 10 Jan 2011 13:59:25 -0600 Best Buy sales decline in December Sales at Best Buy stores in the United States fell in December. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/07/best-buy-sales?refid=0 Fri, 07 Jan 2011 09:43:55 -0600 TCF's future as independent bank a question mark Bill Cooper, the head of Minnesota's thrid-largest bank, TCF, is planning to retire in a couple of years. That fact, combined with the possibility that TCF will lose a lot of revenue from its debit card business, has led to speculation that the bank may be sold. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/06/future-of-tcf?refid=0 Thu, 06 Jan 2011 16:24:22 -0600 I-94 remains closed in NW Minnesota , N.D. Portions of Interstate 94 in northwest Minnesota have closed again, after reopening briefly Friday morning and early afternoon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/31/blizzard-north-dakota-minnesota-travel-conditions?refid=0 Sat, 01 Jan 2011 06:46:11 -0600 Reward offered over robbing spree in Twin Cities Local law enforcement authorities hope a reward of up to $5,000 will help them catch crooks responsible for a string of robberies in the Twin Cities area. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/31/robbery-reward?refid=0 Fri, 31 Dec 2010 17:30:21 -0600 JP Morgan Chase sued to recover Petters fraud funds The attorney overseeing the bankruptcy of Tom Petters' business empire has sued the nation's second-biggest bank. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/30/petters-jp-morgan-chase?refid=0 Thu, 30 Dec 2010 20:11:29 -0600 Petters bankruptcy trustee sues J.P. Morgan Chase The attorney overseeing the bankruptcy of Tom Petters' business empire has sued J.P. Morgan Chase, the nation's second-largest bank. Doug Kelley, the court-appointed receiver in the Petters' bankruptcy, wants about $25 million from the bank. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/30/petters-jpmorgan-chase?refid=0 Thu, 30 Dec 2010 14:29:18 -0600 Consumers using phone apps to get ahead this holiday season It used to be you had to research products and compare prices before you went to the store, but now if you have a smart phone you can do that while you shop. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/22/phone-apps-shopping?refid=0 Wed, 22 Dec 2010 15:47:29 -0600 Retailers rebound after storm-filled shopping weekends Consumers got a chance this past weekend to make up for lost shopping time caused by the big snowstorm earlier this month, but it will be a while before sales reports reveal if shoppers really step up their holiday spending this year -- or not. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/20/holiday-shopping-retailers-consumers?refid=0 Mon, 20 Dec 2010 18:06:39 -0600 Minn. unemployment rate holds at 7.1 percent Minnesota' unemployment rate held steady at 7.1 percent in November, remaining nearly 3 percentage points lower than the national rate. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/16/mn-unemployment?refid=0 Thu, 16 Dec 2010 09:36:05 -0600 Retail vacancy rate below 10 percent in Twin Cities NorthMarq, a commercial real estate firm based in Minneapolis, said the vacancy rate for local retail space has dipped to 9.8 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/15/retail-vacancy?refid=0 Wed, 15 Dec 2010 14:59:08 -0600 Lower sales, lower stock price add up to lousy day for Best Buy Disappointing sales of TVs, notebook computers and video games dragged down Best Buy's third-quarter sales and profit. And that sent the consumer electronics retailer's stock tumbling 15 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/14/best-buy-q3?refid=0 Tue, 14 Dec 2010 09:05:10 -0600 Many Minnesotans cutting the cord and going cell only The traditional telephone is looking more and more like a dinosaur. Hundreds of thousands of Minnesotans are "cutting the cord" and dropping their landline phones and relying exclusively on cell phones. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/08/landlines-cell-phone-only?refid=0 Wed, 08 Dec 2010 03:00:00 -0600 New app brings airport information, flight schedules to phones The Metropolitan Airports Commission is offering a new free smart phone application that informs travelers about everything from flight schedules and restaurants to parking and shopping at the Twin Cities airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/06/airport-app?refid=0 Mon, 06 Dec 2010 14:25:26 -0600 Dassel woman says she found mouse in syrup bottle Rena Snyder, of Dassel, said she was at her mother's house having waffles Tuesday morning, when she noticed the syrup wasn't flowing very well. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/03/dassel-woman-says-she-found-mouse-in-syrup-bottle?refid=0 Fri, 03 Dec 2010 14:49:19 -0600 Target sees better-than-expected November sales Target says sales at stores open at least one year, a key measure of a retailer's strength, rose 5.5 percent during the of November. That was better than analysts expected. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/02/target-november-sales?refid=0 Thu, 02 Dec 2010 19:13:57 -0600 Health insurance premiums rising dramatically Health insurance premiums for Minnesotans and their employers rose dramatically from 2003 to 2009, but less steeply than they did nationally, according to a report from The Commonwealth Fund. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/02/health-premiums?refid=0 Thu, 02 Dec 2010 17:57:34 -0600 Verizon's 4G network to launch Sunday in Twin Cities Verizon, the nation's largest wireless carrier, says it will roll out its 4G high-speed data service in the Twin Cities and 37 other markets this Sunday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/01/verizon-4g-network?refid=0 Wed, 01 Dec 2010 13:00:00 -0600 Supervalu shares rise amid buyout rumors The share price of Supervalu rose about 3 percent Tuesday amid recycled rumors that the struggling grocery company may be bought out. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/01/supervalu-shares?refid=0 Wed, 01 Dec 2010 05:00:09 -0600 Shoppers snatch up bargains, but remain cautious about spending Shoppers swarmed shopping centers and malls today, eager to snatch Black Friday bargains. Retailers hope those shoppers will give them their best holiday season since 2007. But many are not yet ready to spend as freely as they used to. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/26/black-friday-local-shoppers?refid=0 Fri, 26 Nov 2010 16:42:51 -0600 Credit card reward boosts Target's bottom line, consumers' loyalty For the nine months ending in October, Target shoppers put about 5 percent of their purchases on Target REDcards -- nearly $2.4 billion. Based on Target's REDcard sales, a 5 percent discount could add up to $200 million in savings for consumers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/26/target-red-card?refid=0 Fri, 26 Nov 2010 03:00:00 -0600 Scope out Black Friday deals before they hit the papers Shoppers don't have to wait for Thanksgiving Day newspapers to scope out retailers' Black Friday ads. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/22/black-friday-deals?refid=0 Mon, 22 Nov 2010 17:31:45 -0600 Target benefits from popularity of store brands Target is one of the retailers most aggressively pushing its own brands, as more consumers try to stretch their dollars buying lower-cost store brands. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/19/store-brands?refid=0 Fri, 19 Nov 2010 18:30:00 -0600 Donald Nyrop, former head of Northwest Airlines, dies Donald Nyrop, who led Northwest Airlines for nearly a quarter century, has died. He was 98. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/18/nyrop-obit?refid=0 Thu, 18 Nov 2010 13:31:07 -0600 Lockheed to shutter Eagan plant, affecting 1,000 jobs Lockheed's Mission Systems and Sensors unit will shift 650 jobs from Eagan to New York, California and Virginia, according to a statement today. About 400 jobs will be eliminated. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/18/eagan-plant-closing?refid=0 Thu, 18 Nov 2010 12:04:55 -0600 A good, not great, holiday season predicted for retailers Retailers, including Target and Best Buy, are feeling a bit cheerier heading into this holiday season. They are expecting consumers will spend more freely than they have in the past two years, but they could be disappointed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/17/target-earnings?refid=0 Wed, 17 Nov 2010 06:50:03 -0600 Thomson Reuters cuts 60 jobs in Eagan In a statement, the company said the legal industry has undergone significant changes over the past two years and it's making internal changes to better position Thomson Reuters to grow. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/16/thomson-reuters-job-cuts?refid=0 Tue, 16 Nov 2010 20:41:47 -0600 High-speed 4G networks coming to Twin Cities Wireless companies are in an arms race to upgrade their Twin Cities networks to deliver much speedier Internet connections for mobile phones, iPads, and laptops. The biggest networks already offer what's called 4G service, or promise to make it available in a matter of months. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/09/4g-networking?refid=0 Wed, 10 Nov 2010 00:00:00 -0600 Business leaders hope GOP's return to power will benefit them With Republicans gaining control of the U.S. House of Representatives and both houses of the Minnesota Legislature, business leaders in the state are optimistic things may go their way on a wide range of issues. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/04/republican-election-business?refid=0 Thu, 04 Nov 2010 19:22:23 -0500 Delta Air Lines flight attendants reject union Flight attendants at Delta Air Lines Inc. are going non-union. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/03/delta-flight-attendants?refid=0 Wed, 03 Nov 2010 14:05:13 -0500 NLRB accuses Regis of breaking federal labor laws The National Labor Relations Board has filed a complaint against Edina-based Regis Corporation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/02/regis-filing?refid=0 Tue, 02 Nov 2010 12:14:44 -0500 Medtronic developing new mini pacemaker Medtronic believes it can help sales grow by making some long-standing products shrink, including a new mini pacemaker about the size and shape of large vitamin capsule. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/11/01/medtronic-pacemaker?refid=0 Mon, 01 Nov 2010 19:31:16 -0500 FDA classifies Medtronic recall as critical type The U.S. Food and Drug Administration has classified Medtronic's previous action to pull a surgical device from the market as a Class I recall, the most serious type of recall. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/29/medtronic-recall?refid=0 Fri, 29 Oct 2010 19:26:34 -0500 Delta pressed to investigate Muslim profiling complaints The Minnesota chapter of the Council on American-Islamic Relations wants Delta Air Lines to investigate complaints that some Muslim passengers were subject to religious profiling. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/29/delta-muslim-complaints?refid=0 Fri, 29 Oct 2010 15:57:36 -0500 Big firms cite financial interests in hiring minority suppliers Most big companies these days want to boost the number of women- and minority-owned firms they do business with, like Zydeco Design in the Twin Cities, but the reason has more to do with the bottom line than altruism. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/27/minority-firms?refid=0 Wed, 27 Oct 2010 13:12:21 -0500 Jimmy John's workers vote whether to unionize Some 200 workers at several Jimmy John's sandwich shops in the metro area vote today on whether they should join a union. If the union organizers are successful, it will be a groundbreaking event for the fast-food business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/21/jimmy-johns-union-vote?refid=0 Fri, 22 Oct 2010 00:00:00 -0500 Hecker gets brief break from jail for court hearing Denny Hecker was out of jail for a few hours Wednesday afternoon, for a Minneapolis courtroom to attend the latest event in his long-running legal saga -- a hearing before the judge who threw him in jail two days ago for not fully answering questions about his current financial situation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/20/hecker-hearing?refid=0 Wed, 20 Oct 2010 19:12:18 -0500 St. Jude Medical buys Plymouth firm for $1B St. Jude Medical is is paying more than $1 billion to buy AGA Medical, a Plymouth, Minn. firm that makes devices that treat heart defects and blood vessel abnormalities, primarily in children. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/18/st-judes-device-acquisition?refid=0 Mon, 18 Oct 2010 19:13:28 -0500 Judge orders Hecker taken into custody A judge has ordered Denny Hecker jailed, saying the fallen Twin Cities auto mogul needs a "wake-up call." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/18/denny-hecker-custody?refid=0 Mon, 18 Oct 2010 18:17:05 -0500 St. Jude buys AGA medical for $1B St. Jude Medical is paying $1 billion to buy a Twin Cities company maker of devices that treat heart defects and blood vessel abnormalities, primarily in children. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/18/st-jude-medical-purchase?refid=0 Mon, 18 Oct 2010 11:57:02 -0500 Thousands of nonprofits could lose tax exemptions today Small Minnesota nonprofits that haven't filed returns with the IRS for at least three years are going to be in big trouble after midnight tonight. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/15/tax-exemptions-non-profits?refid=0 Fri, 15 Oct 2010 14:10:21 -0500 Medtronic settlement: 'The price of doing business' Medtronic has agreed to pay nearly $270 million to settle thousands of lawsuits stemming from a defect in wires that connect some of the company's implantable devices to patients' hearts. Industry analysts say the settlement probably won't have a big impact on the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/14/medtronic-settlement?refid=0 Thu, 14 Oct 2010 08:10:11 -0500 TCF Bank sues Federal Reserve over debit-card fees TCF Financial, one of the biggest banks operating in Minnesota, is suing the Federal Reserve Bank in order to block impending limits on fees TCF and other banks charge retailers on debit-card transactions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/12/tcf-suit-feds?refid=0 Tue, 12 Oct 2010 14:17:39 -0500 Experts estimate new stadium brought in $50M-$70M in new revenue for Twins Despite their second consecutive playoff drubbing by the New York Yankees, the Minnesota Twins were big winners during the regular season and had a banner financial year, too. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/08/twins-ballpark-finance?refid=0 Fri, 08 Oct 2010 05:00:00 -0500 Hecker ordered to detail how he spent insurance A judge has ordered fallen auto mogul Denny Hecker to detail how he and his girlfriend spent $150,000 in cashed-out life insurance they were supposed to give up to pay creditors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/07/hecker-insurance-money?refid=0 Thu, 07 Oct 2010 07:02:50 -0500 Trustee seeks $110M in Petters-related profits from hedge fund The trustee overseeing the bankruptcy of convicted business tycoon Tom Petters is seeking more than $100 million from an area hedge fund and related companies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/06/petters-fund-clawback?refid=0 Wed, 06 Oct 2010 14:11:00 -0500 Attorney works to claw back profits from Petters fraud Not everyone who invested in Tom Petters' more than $3 billion fraud scheme came out a loser. Some folks were winners -- big winners -- and now they're being pressured to give back that money. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/30/petters-fraud-claw-back?refid=0 Thu, 30 Sep 2010 19:15:54 -0500 Trustee OK'd to go deeper into Hecker's finances The trustee overseeing fallen auto magnate Denny Hecker's bankruptcy was authorized Monday to obtain subpoenas to further delve into Hecker's finances. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/29/hecker?refid=0 Wed, 29 Sep 2010 13:52:25 -0500 Delta flight attendants rally as unionizing vote under way About 20,000 flight attendants at Delta Air Lines began voting Wednesday on whether all flight attendants at the airline will be represented by a union. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/29/northwest-airlines-voting?refid=0 Wed, 29 Sep 2010 06:15:34 -0500 Impact on Twin Cities of Southwest-AirTran merger unclear Two airlines that have helped keep airfares down in the Twin Cities are combining. Dallas-based Southwest Airlines plans to buy AirTran for $1.4 billion. But the impact of the merger may be relatively minor for Minnesota travelers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/27/southwest-airtran-mpls?refid=0 Mon, 27 Sep 2010 15:01:30 -0500 Target stores will begin selling Apple's iPad Target says it will carry six models of the Apple iPad, starting Oct. 3, and will develop an iPad application for customers who want to shop the retailer online using the device. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/24/target-ipad?refid=0 Fri, 24 Sep 2010 17:08:52 -0500 Small businesses having harder time taking out loans Some small businesses are complaining that they're having a hard time getting the loans they need to maintain or expand their businesses. From June 2008 to March 2010, banks cut the small business loans on their books by about six percent, more than $40 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/22/small-business-loans?refid=0 Wed, 22 Sep 2010 03:00:00 -0500 Minnesota jobless rate holds relatively stable Minnesota's unemployment rate ticked up slightly in August to 7 percent, up from 6.9 percent in July, according to new numbers released by the Minnesota Department of Employment and Economic Development today. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/16/minnesota-jobs?refid=0 Thu, 16 Sep 2010 09:46:05 -0500 Court reinstates lawsuit against retailers over organic milk The plaintiffs accused Target and other retailers of marketing milk as organic when it actually was not. The milk came from Aurora Organic Dairy in Colorado. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/15/organic-milk-lawsuit?refid=0 Wed, 15 Sep 2010 17:21:14 -0500 Mobile market helps Best Buy to big quarter Best Buy reported a higher-than-expected quarterly net income, and raised its full-year profit outlook on strength in its very profitable mobile phone business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/14/best-buys-earnings?refid=0 Tue, 14 Sep 2010 16:26:47 -0500 Sun Country set to emerge from bankruptcy Sun Country Airlines said a judge has confirmed the airline's reorganization plan and the carrier will soon exit bankruptcy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/10/sun-country-bankruptcy?refid=0 Fri, 10 Sep 2010 16:27:47 -0500 3M buying Eden Prairie medical products firm for $810M 3M says it will buy Arizant, an Eden Prairie firm that makes blankets, gowns and other products to keep surgical patients warm, for $810 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/09/arizant-3m-acquisition?refid=0 Thu, 09 Sep 2010 16:29:37 -0500 TCF Bank faces lawsuit over overdraft fees The lawsuit accuses TCF of processing transactions in a way that maximizes the fees consumers have to pay. Instead of clearing transactions in chronological order, the bank allegedly groups them together and processes them by amount, from the highest to lowest, which can result in many unexpected overdraft charges for customers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/08/tcf-lawsuit-debit-cards?refid=0 Wed, 08 Sep 2010 20:19:15 -0500 Delta flight attendants to vote on unionization Former Northwest Airlines flight attendants at Delta are represented by a union. But historically, Delta's flight attendants have not been unionized. The upcoming vote will decide if all flight attendants at the airline will be represented by a union, or not. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/03/delta-unionvote?refid=0 Fri, 03 Sep 2010 14:55:33 -0500 Ex-auto mogul Hecker accused of bail violations In a court filing Thursday, prosecutors accuse fallen Twin Cities auto mogul Denny Hecker of committing new crimes while free on bail as he awaits trial on 24 counts of bankruptcy fraud and wire fraud. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/02/hecker-bail-violations?refid=0 Thu, 02 Sep 2010 20:20:50 -0500 Petters whistleblower receives 1-year prison sentence Deanna Coleman, the woman convicted of helping perpetrate the largest fraud in Minnesota history before turning on her boss, was sentenced to 12 months and one day in prison Thursday morning. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/02/deanna-coleman-sentencing?refid=0 Thu, 02 Sep 2010 10:00:59 -0500 Whistleblower in Petters fraud learns sentence today It was Deanna Coleman -- more than anyone else -- who helped put disgraced business tycoon Tom Petters in jail for more than 40 years. She exposed the $3.5 billion fraud led by her long-time mentor, friend and boss. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/02/deanna-coleman-sentencing-petters?refid=0 Thu, 02 Sep 2010 03:00:00 -0500 New acquisitions increase 3M's share in security market 3M, the maker of products like Post-it Notes and sandpaper today took a big step into the business of people-watching. The Minnesota-based company is buying an Israeli company that makes tools for electronic tracking, monitoring and identification. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/31/3m-acquisitions?refid=0 Tue, 31 Aug 2010 14:18:33 -0500 3M to acquire Cogent for about $933 million Maplewood-based 3M expects to pay nearly $1 billion for Cogent Inc., a California maker of automated systems that read fingerand palm prints. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/30/3m-acquisition?refid=0 Mon, 30 Aug 2010 08:16:50 -0500 Union for NWA flight attendants sues Delta Airlines The union for about 7,000 former Northwest Airlines flight attendants has sued Delta Air Lines, which bought Northwest in late 2008. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/27/nwa-union-suit?refid=0 Fri, 27 Aug 2010 06:42:05 -0500 Cleaning workers ask for fair wage agreement Workers for firms that clean Target, SuperValu, Lunds and Byerly's stores in the Twin Cities say their wages have been falling even as they're required to do more work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/26/cleaners-wages?refid=0 Thu, 26 Aug 2010 17:30:14 -0500 Target expands presence in consumer electronics Target announced Wednesday it's expanding its selection of wireless phones. Customers can also avail themselves of an electronics recycling program, and free tech support for TVs and other electronics they buy from Target. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/25/target-electronics?refid=0 Wed, 25 Aug 2010 16:40:32 -0500 Fourth nurse files unfair labor complaint against union A fourth nurse has filed an unfair labor practice complaint against the Minnesota Nurses Association, saying the union has no right to punish her for working during a June 10 strike against Twin Cities hospitals. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/02/nurses-union-unfair-labor?refid=0 Mon, 02 Aug 2010 19:46:06 -0500 Medtronic to test device for treating heart failure Fridley-based Medtronic will soon launch tests on human patients to see if its spinal cord technology can help people who suffer from heart failure. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/29/medtronic-heart-failure?refid=0 Thu, 29 Jul 2010 16:55:16 -0500 IRS delays deadline for nonprofits to file returns The IRS had warned nonprofits they could lose their tax-exempt status if they didn't file tax returns by May 17 of this year. Now, there's a new deadline of Oct. 15. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/28/irs-nonprofit-tax-break?refid=0 Wed, 28 Jul 2010 18:06:45 -0500 Target CEO defends company's political donations Target Corp. is hoping to assuage concerns about the company's politics after gay rights groups questioned a donation the company made to a group backing a candidate for governor. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/27/target-campaign-donations?refid=0 Tue, 27 Jul 2010 17:28:22 -0500 St. Jude, Medtronic fight over exec. contract Two of Minnesota's most prominent medical technology firms are in a legal battle over a top executive's possible breach of contract. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/27/st-jude-medtronic-dispute?refid=0 Tue, 27 Jul 2010 12:16:13 -0500 Report: Northwest Airlines didn't follow safety orders For more than a decade, Northwest Airlines repeatedly failed to follow federal safety orders but wasn't held accountable by the Federal Aviation Administration, according to a government report. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/23/faa-northwest-report?refid=0 Fri, 23 Jul 2010 06:59:50 -0500 Several large Minn. companies see 2Q earnings rise Maplewood-based 3M said it's optimistic about a global economic recovery and has raised its earnings forecast for the year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/22/3m-earnings?refid=0 Thu, 22 Jul 2010 12:25:53 -0500 Boston Scientific beats estimates; profit down 40 percent The company, which has plants in Arden Hills, Maple Grove and Plymouth, saw its profits drop about 40 percent to $98 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/21/boston-scientific-earnings?refid=0 Wed, 21 Jul 2010 16:14:56 -0500 Wireless companies to roll out higher-speed data service Major wireless companies are all rolling out higher-speed data services for smart phones and portable computers as more customers use their phones to check e-mail, surf the web, watch video and use social media sites, and the Twin Cities market may be next. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/20/4g-wireless?refid=0 Tue, 20 Jul 2010 11:00:00 -0500 Target's June sales miss expectations Minneapolis-based Target says its sales were "relatively soft" in June. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/08/targets-june-sales-miss-expectations?refid=0 Thu, 08 Jul 2010 14:44:34 -0500 Changes ahead for ATM, debit card overdraft fees It's been standard practice for many banks to enroll customers in overdraft protection plans for ATM and debit card transactions. The plans allow customers to withdraw money even when their account is empty -- but charge them hefty fees. New rules going into effect in the next few weeks will give customers the power to decide if they want the protection. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/07/overdraft-changes?refid=0 Wed, 07 Jul 2010 16:49:42 -0500 Emmer: Count employees' tips towards minimum wages Republican candidate for governor Rep. Tom Emmer said the state could gain jobs if employers could a pay a lower hourly wage to employees who earn a lot of money from tips. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/05/emmer-small-business-tips?refid=0 Mon, 05 Jul 2010 15:44:08 -0500 Health care reform played a role in nurses talks On Tuesday, 12,000 Twin Cities nurses will vote on a hard-fought contract deal with area hospitals and the impact of health care reform was a major, but largely hidden factor, in the negotiation talks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/02/hospitals-health-reform?refid=0 Fri, 02 Jul 2010 14:36:08 -0500 Delta sells 2 regional carriers for $82.5 million Delta Air Lines Inc. said Thursday it sold two of its regional carriers that operate as Delta Connection for a total of $82.5 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/07/01/delta-sale?refid=0 Thu, 01 Jul 2010 12:54:12 -0500 Hospitals lining up thousands of replacement nurses Some 12,000 Twin Cities nurses are ready to strike July 6 if they don't reach a contract agreement with area hospitals. Replacement nurses represent the hospitals' biggest weapon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/29/replacement-nurses?refid=0 Tue, 29 Jun 2010 04:43:12 -0500 Nurses union asks for 'unfair labor practices' strike The union says an "unfair labor practices" strike would mean the hospitals could not replace strikers permanently. However, there has been no determination about whether the nurses could lose their jobs to permanent replacements. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/25/nurses-unfair-labor-practices-strike?refid=0 Fri, 25 Jun 2010 03:00:00 -0500 Flight to Florida from MSP delayed for 24 hours Some 180 travelers flying from the Twin Cities to Orlando early Thursday morning had their flight delayed for more than 24 hours. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/18/plane-delay?refid=0 Fri, 18 Jun 2010 12:49:48 -0500 Minneapolis Fed says regional economy improving The Federal Reserve Bank of Minneapolis says the economy in the Upper Midwest is strengthening at a modest pace. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/16/midwest-fed-economy-improving?refid=0 Wed, 16 Jun 2010 12:03:40 -0500 Head injury was cause of mechanic's death at MSP Jesse Paul Stygar, of Rosemount, was injured in the gear doors of an aircraft parked at a gate. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/15/delta-mechanic-killed?refid=0 Tue, 15 Jun 2010 07:52:57 -0500 Electronics industry pushes 3D TVs on consumers Manufacturers and retailers, like Richfield-based Best Buy, are taking TVs into a new dimension. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/14/3d-tvs?refid=0 Mon, 14 Jun 2010 15:02:31 -0500 Medical technology continues to boost Minn. economy A report estimates the med-tech industry employed some 27,000 Minnesotans in 2007, paying them nearly $64,000 on average. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/09/med-tech?refid=0 Wed, 09 Jun 2010 19:29:48 -0500 Report: Minnesota a leading state in med-tech industry A report from a national trade group confirms Minnesota's role as one of the leading states in the medical technology industry. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/09/medical-technology?refid=0 Wed, 09 Jun 2010 16:01:56 -0500 Suit: Walmart sells too many groceries at St. Paul store Supervalu operates a Cub Foods store at the shopping center and the company charges the Walmart that's also there is selling far more groceries than permitted under lease terms designed to protect Cub from competition. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/08/walmart-supervalu?refid=0 Tue, 08 Jun 2010 19:27:48 -0500 Food fight: St. Paul Cub Foods sues Wal-Mart A food fight has erupted between Wal-Mart and Supervalu, both of which sell groceries at St. Paul's Midway Marketplace shopping center. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/08/cub-takes-on-walmart?refid=0 Tue, 08 Jun 2010 09:13:03 -0500 No punitive damages in Wells Fargo case The decision comes one day after the Ramsey County District Court jury determined that Wells Fargo breached its fiduciary duty to four nonprofits and violated the Minnesota Consumer Fraud Act. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/03/wells-fargo-no-punitive-damages?refid=0 Thu, 03 Jun 2010 19:17:44 -0500 Wells Fargo ordered to pay $30 million for fraud Four nonprofits have been awarded more than $30 million in damages in a case against Wells Fargo. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/03/wells-fargo?refid=0 Thu, 03 Jun 2010 06:44:16 -0500 Franken expects his piece of finance reform bill to pass U.S. Sen. Al Franken expects his proposed legislation to establish an independent system for assigning credit ratings to investments will become law. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/02/credit-rating-reform-amendment?refid=0 Wed, 02 Jun 2010 15:08:48 -0500 Plymouth-based ev3 sold for $2.6B Ireland-based Covidien is buying a Twin Cities medical device maker, ev3, for $2.6 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/01/covidien-ev3?refid=0 Tue, 01 Jun 2010 13:15:16 -0500 Health of banks in Minn. improving, but slowly Since 2007, 13 Minnesota banks have failed, however the financial outlook for the banks overall seems to be improving, or at least not getting any worse. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/31/minnesota-banks?refid=0 Tue, 01 Jun 2010 03:00:00 -0500 Decision against U a lesson for employers, job-seekers A Hennepin County jury this week sided with an assistant coach at another school who thought Golden Gophers men's basketball coach Tubby Smith had offered him a job. The university said there was never a firm, formal offer, but the jury disagreed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/27/tubby-smith-coaching-offer-lawsuit?refid=0 Thu, 27 May 2010 16:59:25 -0500 Polaris: Moving to Mexico to get closer to customers Polaris Industries officials fleshed out the reasons behind its plan to shut down its parts plant in Osceola, Wis. The Medina-based company plans to shift much of the work -- and many of the jobs in Osceola -- to Mexico, primarily to save money. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/21/polaris-folo?refid=0 Fri, 21 May 2010 17:08:01 -0500 Minn. adds 10,000 jobs, unemployment rate down slightly Minnesota employers added about 10,000 jobs in April. And the state's unemployment rate fell slightly. But the folks who watch those job numbers caution it'll likely be some time before Minnesota's job market gets back to pre-recession levels. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/20/jobs-numbers-minn?refid=0 Thu, 20 May 2010 09:20:03 -0500 Airport launches reserved parking space program The Twin Cities airport is launching a program that guarantees travelers get parking spaces if they're willing to pay a fee. The airport has more than 22,000 spaces. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/19/airport-parking-space-program?refid=0 Wed, 19 May 2010 16:09:49 -0500 Medical device makers give FDA official an earful The federal official who oversees the review and approval of medical devices came to the Twin Cities Tuesday, to hear what industry leaders and medical experts have to say about how the agency is doing its job. They aired a host of complaints. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/18/med-devices-fda?refid=0 Tue, 18 May 2010 16:55:18 -0500 Minnesota retailers and bankers fighting over penny fees that add up to billions The fight is over a few cents in debit and credit card fees that add up to tens of billions of dollars. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/17/tcf-charges?refid=0 Mon, 17 May 2010 14:08:23 -0500 Twin Cities home prices rise again in April Selling prices for Twin Cities homes rose for the fourth consecutive month in April, driven by a drop in the sale of homes in foreclosure, which tend to sell cheap. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/12/homeprices?refid=0 Wed, 12 May 2010 15:03:41 -0500 Comcast says customers will need digital set-top boxes Comcast is switching ESPN, CNN, Bravo and many other channels to digital-only signals on its network. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/11/comcast-digital-signal?refid=0 Tue, 11 May 2010 18:08:36 -0500 Oberstar opposes United-Continental deal The chairman of the House Transportation committee is asking the Justice Department to block the planned combination of United Airlines and Continental. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/06/oberstar-continental-united?refid=0 Thu, 06 May 2010 13:44:10 -0500 Delta offers break on bag fees for select credit card customers Delta Air Lines customers using American Express SkyMiles credit cards will soon get a break on fees for checking bags. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/05/delta-sky-miles?refid=0 Wed, 05 May 2010 16:01:49 -0500 Qwest business customers lose service Qwest says a significant, but as-yet-undetermined number of its business customers lost Internet service for about an hour this morning. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/05/qwestoutage?refid=0 Wed, 05 May 2010 13:09:58 -0500 MSP spokesman: Merger will have little impact on local travelers A spokesman for the Twin Cities airport says the planned merger of Continental and United Airlines should have little impact on local air travelers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/03/merger-local?refid=0 Mon, 03 May 2010 13:10:31 -0500 Some scramble to buy as homebuyer credit expires The federal homebuyer tax credit expires today, the final day of a buyer scramble to qualify for thousands of dollars. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/30/federal-homebuyer-credit?refid=0 Fri, 30 Apr 2010 03:00:00 -0500 Judge rejects $296M plea deal for Guidant A federal judge in Minneapolis has rejected a plea deal by Boston Scientific Corp.'s Guidant unit to pay $296 million in exchange for pleading guilty to charges it failed to properly disclose changes made to some implantable heart devices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/27/boston-scientific-earnings-sink?refid=0 Tue, 27 Apr 2010 11:27:56 -0500 3M is bringing back the 'magic' 3M reports its first quarter profits next week. These days, a growing portion of the industrial giant's sales are coming from new products. It's a payoff from the company's steady investment of more than $1 billion annually in research and development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/23/3m-innovation?refid=0 Fri, 23 Apr 2010 16:57:20 -0500 Louisiana-based CenturyLink buying Qwest A Louisiana company plans to buy Denver-based Qwest, the leading provider of local phone service in Minnesota and 13 other states. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/23/qwest?refid=0 Fri, 23 Apr 2010 14:31:38 -0500 Petters files appeal of fraud conviction and sentence Former business tycoon Tom Petters has formally appealed his conviction -- and 50-year prison sentence -- for leading a Ponzi scheme. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/13/petters-appeals?refid=0 Tue, 13 Apr 2010 16:39:56 -0500 Judge appoints public defender for Denny Hecker A U.S. District court judge Monday appointed a public defender for former auto dealer Denny Hecker. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/12/hecker-public-defender?refid=0 Mon, 12 Apr 2010 12:32:02 -0500 Target Field pushes Twins into new financial territory The Twins look strong so far on the field this season, and because of their new ballpark, they are winners financially as well. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/12/twins-finances?refid=0 Mon, 12 Apr 2010 03:00:00 -0500 Petters gets 50 years in prison for fraud scheme Tom Petters said before the courtroom Thursday morning that he was filled with "pain and anguish" for the people who lost more than $3.5 billion in an investment scam. But he stopped short of admitting wrongdoing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/08/petters-sentencing?refid=0 Thu, 08 Apr 2010 08:43:11 -0500 Tom Petters to be sentenced Thursday in St. Paul Last December, jurors convicted disgraced business tycoon Tom Petters of running a scam that bilked investors of more than $3.5 billion. Federal prosecutors argue Petters deserves life without parole. His lawyers say 4 years is plenty. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/08/petters-sentenced?refid=0 Thu, 08 Apr 2010 03:00:00 -0500 Judge approves Hecker bankruptcy deal A bankruptcy judge approved a deal Wednesday in which former auto mogul Denny Hecker agreed to accept personal responsibility for $767 million in debts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/07/hecker-bankruptcy?refid=0 Wed, 07 Apr 2010 20:50:08 -0500 Minn.'s Petters to be sentenced in Ponzi scheme U.S. District Court Judge Richard Kyle is scheduled to sentence disgraced business tycoon Tom Petters Thursday morning in St. Paul. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/07/petters-sentencing?refid=0 Wed, 07 Apr 2010 09:14:37 -0500 Judge lets Hecker out of jail on condition he disclose finances The judge overseeing Denny Hecker's divorce cases says he's letting the former auto mogul out of jail. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/02/hecker-freed?refid=0 Fri, 02 Apr 2010 09:27:31 -0500 Twins tickets will be harder to come by at Target Field The Twins expect they could sell out all 81 home games during their inaugural season at Target Field. Team officials said 50 games are already sold out. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/02/twins-tickets-target-field?refid=0 Fri, 02 Apr 2010 03:00:00 -0500 Hecker handcuffed, taken into custody In a Minneapolis courtroom, fallen auto mogul Denny Hecker was handcuffed and taken into custody this morning. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/30/hecker-taken-into-custody?refid=0 Tue, 30 Mar 2010 10:40:56 -0500 Hecker seeking no jail time for missed alimony Former Twin Cites auto mogul Denny Hecker is asking a divorce court judge to refrain from throwing Hecker into jail for failing to make alimony payments. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/30/hecker-alimony?refid=0 Tue, 30 Mar 2010 06:40:41 -0500 Judgment holds Petters personally responsible for billions in losses A U.S. District Court judge said Friday businessman Tom Petters will be held personally responsible for losses his investors suffered from a multi-billion-dollar fraud scheme. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/26/petters-judgment?refid=0 Fri, 26 Mar 2010 14:51:52 -0500 Hecker pleads not guilty to 18 newest fraud charges Denny Hecker, once one of the Twin Cities biggest car dealers, pleaded not guilty Thursday to new fraud charges alleging he tried to rip off lenders and hide assets in bankruptcy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/25/hecker-pleads-not-guilty?refid=0 Thu, 25 Mar 2010 15:37:16 -0500 Judge says Petters must forfeit several homes Businessman Tom Petters, who was convicted of leading a $3.5 billion Ponzi scheme, must forfeit several homes to the federal government, including a Lake Minnetonka mansion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/24/petters-folo?refid=0 Wed, 24 Mar 2010 16:43:59 -0500 More legal troubles for Hecker The legal woes of former Former Twin Cities auto mega-dealer Denny Hecker continue to mount. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/24/hecker?refid=0 Wed, 24 Mar 2010 11:15:52 -0500 Hecker accused of wrongly cashing in children's trust fund The trustee in former auto mogul Denny Hecker's bankruptcy case is once again accusing Hecker of financial shenanigans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/19/more-hecker-accusations-emerge?refid=0 Fri, 19 Mar 2010 09:02:17 -0500 Denny Hecker's fourth wife says he's behind on alimony Former Twin Cities auto mogul Denny Hecker already faces a possible 90-day jail sentence for falling behind on alimony payments to his second wife. Now, his fourth wife says Hecker is stiffing her. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/17/hecker-alimony?refid=0 Wed, 17 Mar 2010 18:14:31 -0500 Hecker behind on support payments, faces jail Former Twin Cities auto mogul Denny Hecker is in trouble for not making required support payments to one of his ex-wives, Sandra Hecker. He could land in jail as a result. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/16/hecker-divorce?refid=0 Tue, 16 Mar 2010 16:50:39 -0500 One attorney quits, one sticks with Denny Hecker One of Denny Hecker's criminal lawyers withdrew from the former auto mogul's defense Monday, but the other says he'll stick with Hecker. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/15/hecker-attorneys?refid=0 Mon, 15 Mar 2010 16:43:27 -0500 Hecker will remain responsible for $767M debt Auto mogul Denny Hecker has agreed to remain on the hook for his $767 million in debt, despite having filed for bankruptcy last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/12/hecker-debt?refid=0 Fri, 12 Mar 2010 11:34:26 -0600 Hecker's former father-in-law intended to help investigation Unsealed court documents indicate Denny Hecker's former father-in-law intended to help law enforcement authorities investigating Hecker, but that was before William Prohofsky fatally shot himself in an apparent suicide last week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/11/hecker-father-in-law-investigation?refid=0 Thu, 11 Mar 2010 17:18:54 -0600 Some call illuminated ads on rear windows a safety hazard A Twin Cites firm aims to put full-color, illuminated ads inthe rear windows of commuters' vans, SUVs and trucks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/10/signs-on-cars?refid=0 Wed, 10 Mar 2010 16:09:52 -0600 Hecker faces more charges in fraud case Former Minnesota auto mogul Denny Hecker faces eight additional counts of wire fraud and new bankruptcy fraud charges in an alleged multi-million dollar scheme to defraud lenders, according to a new indictment returned Tuesday by a federal grand jury. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/09/hecker-faces-new-charges?refid=0 Tue, 09 Mar 2010 15:32:01 -0600 Petters prosecutors want life sentence for $3.5B fraud Federal prosecutors are seeking a life sentence for Minnesota businessman Tom Petters, who was convicted of orchestrating a $3.5 billion Ponzi scheme. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/08/petters-sentencerec?refid=0 Mon, 08 Mar 2010 17:14:34 -0600 Lawmakers consider tougher distracted driving rules At the state Capitol today, a joint House-Senate committee heard suggestions for possible additional laws against cell phone use in cars and measures to prevent distracted driving. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/03/cell-phone-use-cars?refid=0 Wed, 03 Mar 2010 17:35:10 -0600 Mpls. Fed president says recovery won't be very robust The president of the Minneapolis Federal Reserve Bank, Narayana Kocherlakota, told Twin Cities CEOs Tuesday that the economy is recovering, but he warned the recovery won't be very robust. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/02/fed-president?refid=0 Tue, 02 Mar 2010 18:03:11 -0600 No trip to the lake for Hecker One-time auto king Denny Hecker's travel is being restricted because federal prosecutors fear he might flee. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/26/no-lake-trip-for-hecker?refid=0 Fri, 26 Feb 2010 13:47:56 -0600 U.S. Bank to move 1,600 workers from St. Paul to Richfield U.S. Bank will be moving some 1,600 workers from its facility on Shepard Road in St. Paul to Richfield. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/25/us-bank-moving?refid=0 Thu, 25 Feb 2010 16:15:11 -0600 Minnesotans join rush to cash in gold jewelry The bull market for gold has spawned a wave of selling as consumers turn unwanted gold necklaces, rings and other jewelry into cash. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/24/gold-parties?refid=0 Wed, 24 Feb 2010 12:00:37 -0600 Hopeful news: Target, Medtronic report strong earnings Several reports today offer further evidence the economic clouds in Minnesota are slowly parting. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/23/target-medtronic?refid=0 Tue, 23 Feb 2010 18:47:32 -0600 State auditor wants more monitoring of workforce programs State auditor Jim Nobles told lawmakers Wednesday that the state needs to get a better handle on the effectiveness of workforce programs intended to get unemployed people back to work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/17/workforce-programs?refid=0 Wed, 17 Feb 2010 16:27:56 -0600 Denny Hecker pleads not guilty to fraud Former Minnesota auto mogul Denny Hecker has pleaded not guilty to federal fraud charges alleging he operated a multi-million dollar scheme to defraud lenders. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/11/hecker-plea?refid=0 Thu, 11 Feb 2010 16:00:59 -0600 Auto dealer Denny Hecker faces federal fraud charges A federal grand jury has issued an indictment against former auto dealer Denny Hecker, charging him with fraud and money laundering involving a lender, Chrysler Financial Services. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/10/hecker-indicted?refid=0 Thu, 11 Feb 2010 00:00:47 -0600 Delta-Northwest merger nearly complete With the combination of Delta and Northwest's reservation system, the saga that is the two airlines' merger is nearly complete--and it's gone pretty smoothly. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/08/delta-nwa-merger-nearly-done?refid=0 Tue, 09 Feb 2010 05:00:00 -0600 MSP holding open house to discuss expansion plans The Metropolitan Airports Commission is hosting two open houses this week to inform the public about plans for the Twin Cities' airport's long-term future. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/08/msp-openhouse?refid=0 Mon, 08 Feb 2010 06:48:37 -0600 Medtronic defends device against critical studies Medtronic is fending off more questions about the reliability of one of its devices, the Sprint Fidelis lead, which connects a defibrillator to the heart. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/04/medtronic-leads?refid=0 Thu, 04 Feb 2010 15:26:08 -0600 Business leaders interested in Franken jobs plan U.S. Sen. Al Franken says the federal government should resurrect a plan the state of Minnesota used to get people back to work a quarter century ago. Franken says his proposal to subsidize wages could put half a million Americans back to work, including 15,000 Minnesotans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/02/franken-seedplan?refid=0 Wed, 03 Feb 2010 00:00:00 -0600 Boston Scientific to settle patent disputes for $1.7b Boston Scientific, which has extensive medical device manufacturing operations in the Twin Cities, will pay $1.7 billion to Johnson & Johnson to settle patent disputes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/01/boston-scientific-patent-disputes?refid=0 Mon, 01 Feb 2010 19:02:25 -0600 Delta Air Lines officially opens Minnesota headquarters Delta Air Lines marked the official opening of its Minnesota headquarters Friday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/29/delta-minnesota-headquarters?refid=0 Fri, 29 Jan 2010 16:58:33 -0600 Geithner tours Honeywell plant in Golden Valley Treasury Secretary Timothy Geithner visited Minnesota Thursday, touting efforts to build an energy-efficient economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/28/geithner-mn?refid=0 Thu, 28 Jan 2010 15:20:54 -0600 Mom bloggers help companies promote products Companies like General Mills are finding that connecting with blogging moms is a great way to reach customers and generate a buzz about a product. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/26/mommy-bloggers-general-mills?refid=0 Wed, 27 Jan 2010 03:00:00 -0600 Qwest, regulators take aim at 'cramming' Some businesses are trying to slip additional charges onto consumers' telephone bills without the consumers' knowledge, in a practice called "cramming." And now Qwest is taking action against one firm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/25/qwest-cramming?refid=0 Mon, 25 Jan 2010 15:42:29 -0600 Minn. lottery sees only slight sales dip during slumping economy Despite the troubled economy and rising unemployment, the Minnesota state lottery had a pretty good year in 2009. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/21/minnesota-lottery?refid=0 Thu, 21 Jan 2010 17:58:35 -0600 Minnesota's two biggest banks post strong earnings The two biggest banks in Minnesota, Wells Fargo and U.S. Bank, had strong earnings in the final three months of last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/20/bank-earning?refid=0 Wed, 20 Jan 2010 13:46:55 -0600 U.S. Bank customers use federal mortgage relief plan Minneapolis-based U.S. Bank is now helping about 25 percent of the borrowers eligible for a federal plan to reduce their mortgage payments. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/19/usbank-loan-modification?refid=0 Tue, 19 Jan 2010 17:16:11 -0600 Target offers TV installation service Target has started delivering and installing TVs, whether customers buy their set from Target or not. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/15/target-installation-service?refid=0 Sat, 16 Jan 2010 18:49:35 -0600 Minn. man's deportation to Haiti put on hold The deportation of a Minnesota man from Haiti has been put on hold because of the devastating earthquake in that nation. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/15/haitian-deportation?refid=0 Fri, 15 Jan 2010 17:28:41 -0600 Cargill 2Q profits down 59 percent Profits for Wayzata-based Cargill plunged 59 percent in the three months ending in November. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/14/cargill-earnings?refid=0 Thu, 14 Jan 2010 14:42:00 -0600 Swanson moves to limit interim utility rate hikes Minnesota Attorney General Lori Swanson and Democratic lawmakers are proposing that electricity and natural gas utilities be more limited in imposing temporary rate hikes while they await state approval of permanent hikes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/13/ag-utility-rate-hikes?refid=0 Wed, 13 Jan 2010 17:25:49 -0600 Star Tribune names former Time exec as publisher, CEO The Star Tribune has named Michael Klingensmith, a former executive with Time Inc. and a Minnesota native, as the Minneapolis newspaper's publisher and CEO. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/07/strib-publisher?refid=0 Thu, 07 Jan 2010 16:49:23 -0600 Security experts says quality airport security difficult to gauge As security agencies increase their efforts to pick out potential terrorists and bomb threats, you might wonder how good security is at the Twin Cities airport, but since the TSA took over airport security, that information is hard to come by. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/06/msp-airport-security?refid=0 Wed, 06 Jan 2010 17:04:44 -0600 More unemployed people struggle with depression Unemployment can be crippling not only financially but also psychologically, and with the recession putting millions of people out of work nationwide, more and more unemployed folks are struggling with serious cases of depression. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/22/unemployment-depression?refid=0 Tue, 22 Dec 2009 16:30:47 -0600 New 3-hour rule won't apply to international flights The new FAA time limits would not necessarily have helped hundreds of passengers stranded in the Twin Cities last week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/21/three-hour-rule-international-flights?refid=0 Mon, 21 Dec 2009 17:53:25 -0600 Best Buy says gift card sales boosted 3Q profits Richfield-based Best Buy reports gift card sales are surging this holiday season, a surge that helped boost third-quarter profits for Best Buy to $227 million, handily beating Wall Street expectations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/15/best-buy-cards?refid=0 Tue, 15 Dec 2009 16:50:21 -0600 Target aiming at frugal shoppers this holiday season With many consumers afraid to spend, the holiday shopping season is expected to be more so-so than ho-ho for retailers, but Minneapolis-based Target is addressing such reluctance head-on in holiday television ads. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/14/target-frugal-ads?refid=0 Tue, 15 Dec 2009 01:00:00 -0600 Petters prosecutors not optimistic about investors' lost money Federal prosecutors say they will work diligently to seize ill-gotten assets and proceeds in the Tom Petters' Ponzi scheme, but they're not optimistic about investors getting back much of the more than $3.5 billion they lost in the fraud. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/03/petters-assets?refid=0 Thu, 03 Dec 2009 17:00:15 -0600 Petters conviction 'inevitable,' prosecutor says Tom Petters' attorney says he will prepare an appeal of the Twin Cities businessman's guilty verdict. Jurors found Petters guilty Wednesday of all 20 counts of mail and wire fraud, conspiracy and money laundering. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/12/02/petters-folo?refid=0 Wed, 02 Dec 2009 23:19:33 -0600 Jury to resume deliberations in Petters trial The seven men and five women deciding the fate of businessman Tom Petters resume their deliberations Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/30/jury-to-resume-deliberations-in-petters-trial?refid=0 Mon, 30 Nov 2009 08:24:59 -0600 Target tests new credit card rewards program Minneapolis-based Target Corp. is exploring a possible change in how it rewards shoppers who carry the retailer's credit cards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/30/target-tests-new-credit-card-rewards-program?refid=0 Mon, 30 Nov 2009 06:01:24 -0600 Petters' fate in the hands of jury Attorneys painted drastically different pictures of Tom Petters as they presented their closing arguments this morning in Petters' multi-billion-dollar fraud trial. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/23/petters-closing?refid=0 Mon, 23 Nov 2009 15:31:24 -0600 Closing arguments in Petters trial expected Friday Closing arguments are expected Friday in the fraud trial of Minnesota businessman Tom Petters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/19/petters-trial-update?refid=0 Thu, 19 Nov 2009 20:00:18 -0600 Petters remains firm in having no knowledge of fraud Businessman Tom Petters tried to put his former business associates on trial Wednesday during his second day on the stand. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/18/petters-update?refid=0 Wed, 18 Nov 2009 20:51:52 -0600 Petters, on witness stand, denies knowing of fraud A Minnesota businessman accused of orchestrating a massive Ponzi scheme testified Tuesday that he did not knowingly participate in the fraud and may have "trusted some people far too much." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/17/petters-onthestand?refid=0 Tue, 17 Nov 2009 16:47:27 -0600 Petters defense calls witnesses Defense today started telling its side in the fraud trial of Minnesota businessman Tom Petters. Petters is accused of leading a fraud scheme that cost investors about $3.5 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/17/petters_defense?refid=0 Tue, 17 Nov 2009 07:32:39 -0600 Prosecution in Petters to wrap up case soon Federal prosecutors are expected to wrap up their case today in the fraud trial of businessman Tom Petters, and the defense will then take its turn. Petters is accused of leading a scheme that ripped off investors for $3.5 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/16/petters?refid=0 Mon, 16 Nov 2009 11:19:57 -0600 Two business leaders take stand in Petters trial Jurors in the fraud trial of Tom Petters heard damaging testimony Friday from two prominent business leaders who did business with Petters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/13/petters-trial?refid=0 Fri, 13 Nov 2009 17:43:01 -0600 Accountant says Petters lied, cheated on taxes An accountant who worked for businessman Tom Petters says Petters cheated on his taxes, misled investors, and used company money to pay for homes and other personal expenses. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/10/petters-update?refid=0 Tue, 10 Nov 2009 19:27:31 -0600 Petters associate acknowledges criminal past A disbarred lawyer who was in the federal witness protection program is testifying for the prosecution in the Tom Petters fraud trial. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/09/petters-associate-acknowledges-criminal-past?refid=0 Mon, 09 Nov 2009 10:46:33 -0600 Witness says he forged 10,000 documents for Tom Petters The treasurer of the company at the heart of an alleged $3.5 billion Ponzi scheme run by businessman Tom Petters says he forged some 10,000 documents while working for Petters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/11/05/petters-trial?refid=0 Thu, 05 Nov 2009 18:17:26 -0600 Target Corp. cuts 85 jobs in marketing Target is cutting some 85 jobs in its marketing department, which currently has about 1,100 employees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/29/target-layoffs?refid=0 Thu, 29 Oct 2009 15:57:06 -0500 One year later, Delta-NWA merger sees few kinks It's been a year since Delta and Northwest removed the last obstacle to their merger, winning a crucial go-ahead from the U.S. Justice Department. The past year has brought a lot of changes for Northwest employees and travelers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/28/northwest-delta-merger?refid=0 Thu, 29 Oct 2009 03:00:00 -0500 First leg of Petters trial gets underway The trial of businessman Tom Petters, who stands accused of running a Ponzi scheme that cheated investors out of some $3.5 billion, gets underway today with the selection of jurors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/27/petters-trial?refid=0 Wed, 28 Oct 2009 03:00:00 -0500 Petters trial delayed until next week The start of the fraud trial of Wayzata businessman Tom Petters is being pushed back to next week. Jury selection had been scheduled to begin tomorrow. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/21/petterstrial-delay?refid=0 Wed, 21 Oct 2009 14:07:03 -0500 Cargill using soybeans to lower oil use in foam Cargill, the Minnetonka-based agricultural giant makes a soybean-based chemical used to produce furniture-grade foam, reducing the need for petroleum to make the foam we sit and sleep on. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/13/soy-couches?refid=0 Tue, 13 Oct 2009 15:33:37 -0500 Target sales beat expectations Minneapolis-based Target reports its September sales were better than expected. But the retailer is concerned about the upcoming holiday shopping season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/08/target-sales?refid=0 Thu, 08 Oct 2009 13:54:00 -0500 St. Jude Medical's shares drop after sales miss projections The share price of St. Jude Medical fell as much as 15 percent today after the company said sales won't live up to expectations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/06/st-jude-medical-earnings?refid=0 Tue, 06 Oct 2009 14:05:29 -0500 Target agrees to pay $600,000 fine for lead-tainted toys Target has agreed to pay a $600,000 fine for importing and selling toys with an illegally-high concentration of lead paint on the surface. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/10/01/target-settlement-toys?refid=0 Thu, 01 Oct 2009 16:39:38 -0500 Swanson accuses companies of health insurance fraud Minnesota Attorney General Lori Swanson is suing two out-of-state companies for selling allegedly fraudulent health insurance coverage to the uninsured. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/30/healthcare-scam?refid=0 Wed, 30 Sep 2009 14:19:34 -0500 Minnesota banks rethinking overdraft fees Leading banks in the the Twin Cities and nationwide are taking action to curtail overdraft charges due to political pressure from Congress and the threat of federal mandates on how much banks can charge. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/29/banks-overdraft-fees?refid=0 Wed, 30 Sep 2009 03:00:00 -0500 Minn. delegation pushes for extension of jobless benefits Members of Minnesota's congressional delegation say they'll push for federal legislation giving Minnesotans a 13-week extension of jobless benefits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/23/jobless-benefits?refid=0 Wed, 23 Sep 2009 16:56:27 -0500 Survey: Many businesses ill-equipped to handle H1N1 outbreak A large majority of businesses anticipate severe problems maintaining operations if there is a significant H1N1 flu outbreak. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/22/businesses-h1n1?refid=0 Tue, 22 Sep 2009 18:36:41 -0500 Looking for work? The news isn't good Minnesota employers shed more than 10,000 jobs in August. The unemployment rate fell slightly. But that seems to be due at least in part to discouraged job hunters giving up their search for work. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/17/minnesota-unemployment?refid=0 Thu, 17 Sep 2009 16:31:41 -0500 Some Minnesota companies displeased with Senate health care bill A new proposal to reform health care is meeting with opposition among large Minnesota employers, medical device manufacturers and insurers. They're objecting to measures that are ether in, or missing from the bill. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/16/baucus-bill-minnesota?refid=0 Wed, 16 Sep 2009 18:00:00 -0500 Local companies embrace social media to bond with customers The prospect of being able to reach so many people has many companies all atwitter about using social media, somehow, to bond with customers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/15/business-social-media?refid=0 Tue, 15 Sep 2009 16:20:48 -0500 Record numbers big business for State Fair vendors For fairgoers the Minnesota State Fair is about fun, for competitors it's about winning, but for about 1,300 merchants at the fair, it's about making a buck. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/08/state-fair-business?refid=0 Tue, 08 Sep 2009 17:49:05 -0500 Few details in death of North St. Paul officer Investigators are still piecing together details of the shooting yesterday that claimed the life of North St. Paul police officer Richard Crittenden. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/07/officer-killed?refid=0 Mon, 07 Sep 2009 11:28:00 -0500 Texting drivers still not getting the message It's been a little more than a year since Minnesota banned texting while driving, It's obvious many drivers haven't received that message -- or they're ignoring it. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/06/texting-law-update?refid=0 Sun, 06 Sep 2009 19:11:54 -0500 Southwest adding nonstop flight to St. Louis Southwest Airlines is adding nonstop service between the Twin Cities and St. Louis, starting in January. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/01/southwest-nonstop-to-st-louis?refid=0 Tue, 01 Sep 2009 15:19:14 -0500 Star Tribune board pick has been studying paid content The Star Tribune's lenders have picked new board members to lead the newspaper after it emerges from bankruptcy. One of the picks is spawning speculation the paper may try to charge for its online content. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/31/star-tribune-board-members?refid=0 Mon, 31 Aug 2009 18:00:00 -0500 One-fifth of Minnesota banks report 2Q losses About one-fifth of the 426 banks headquartered in Minnesota lost money in the second quarter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/28/minnesota-banks-losses?refid=0 Fri, 28 Aug 2009 14:44:48 -0500 Recent delays put 'bill of rights' back on the radar After two high-profile flight delays, there's talk again in Congress regarding a bill of rights for travelers that would limit how long passengers can be cooped up on a plane that's waiting to take off or after it's landed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/25/passenger-billofrights?refid=0 Tue, 25 Aug 2009 17:21:40 -0500 Lutherans pass measure on gay clergy Leaders of the country's largest Lutheran denomination have decided to allow gay men and lesbian pastors in committed relationship to lead individual congregations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/21/ecla-gay-vote?refid=0 Fri, 21 Aug 2009 17:00:00 -0500 Radisson reports theft of guests' credit card information Minneapolis-based Radisson Hotels & Resorts says criminals electronically broke into computer systems at several of its properties and may have taken guests' credit and debit card information. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/19/radisson-credit-card-thefts?refid=0 Wed, 19 Aug 2009 13:59:56 -0500 Target sales, profit slip in 2nd quarter Minneapolis-based Target reports its second-quarter sales at stores open at least a year, a key measure in retail, dropped about six percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/18/target?refid=0 Tue, 18 Aug 2009 12:23:27 -0500 Debate divided on gay clergy in Lutheran church Leaders of the Evangelical Lutheran Church in America are in Minneapolis this week debating many issues, most notably whether or not to allow sexually active homosexuals in committed relationships to serve as clergy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/17/gay-clergy-lutheran?refid=0 Mon, 17 Aug 2009 17:17:19 -0500 Banks continue fight to win former WorldPerks users The fight between U.S. Bank and American Express continues as each credit card company vie for the business of former Northwest Airlines WorldPerks Visa cardholders. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/24/credit-card-battle?refid=0 Mon, 27 Jul 2009 00:00:00 -0500 3M 2nd-quarter profit slips as economy lags The company earned $783 million, compared with $945 million in the same period a year earlier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/23/3m-earnings?refid=0 Thu, 23 Jul 2009 08:19:34 -0500 Area banks post 2Q profits; U.S. Bank down 76% Three big banks that serve Minnesota reported earnings today and they provided mixed news about how they're doing in this economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/22/wellsfargo_earnings?refid=0 Wed, 22 Jul 2009 17:15:42 -0500 Airport using Twitter to communicate with travelers The Minneapolis-St. Paul airport is using the Twitter social-networking service to send short text messages to folks who want to keep up with what's happening at the airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/21/msp_twittering?refid=0 Tue, 21 Jul 2009 14:47:06 -0500 Owners ready to cash in their clunkers If you've got an old gas-guzzling clunker, it could be worth as much as $4,500 to you, starting this Friday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/18/cash_for_clunkers?refid=0 Mon, 20 Jul 2009 06:00:00 -0500 Andersen Windows cuts office, management staff Andersen Corp., the big window and door maker, is cutting some 250 office and management positions nationwide, with about half the job losses coming in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/14/andersen_layoffs?refid=0 Tue, 14 Jul 2009 15:30:26 -0500 New Boston Scientific CEO has high hopes for company Boston Scientific, a major player in the Twin Cities medical device industry, is at a crossroads. But a new CEO is talking the helm today and Boston Scientific may be leaving its troubles behind. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/10/boston_scientific_ceo?refid=0 Mon, 13 Jul 2009 00:00:00 -0500 $2 million sign plan aims to reduce confusion at MSP airport A Metropolitan Airports Commission committee today approved a $2 million plan to improve signs directing travelers to the two terminals at the Twin Cities airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/08/airport_signs?refid=0 Wed, 08 Jul 2009 15:08:44 -0500 Delta begins removal of large Northwest sign along I-494 Delta Air Lines is continuing to erase signs of Northwest Airlines around the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/07/nwa_sign_removal?refid=0 Tue, 07 Jul 2009 07:12:40 -0500 More homeowners doing it themselves Strapped consumers are increasingly looking to save money by taking on home improvement and repair projects themselves. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/06/doityourself?refid=0 Mon, 06 Jul 2009 15:00:00 -0500 UnitedHealth announces efficiency plan Minnetonka-based UnitedHealth Group, one of the nation's biggest health insurers, is proposing a plan to substantially cut health care administration costs over the next decade. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/30/unitedhealth_streamlining?refid=0 Tue, 30 Jun 2009 16:01:14 -0500 NTSB probes incident involving Northwest Airbus Federal safety officials are investigating two reports of Airbus A330 planes experiencing airspeed and altitude malfunctions. One involves a Northwest Airlines plane. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/26/airbus_problems?refid=0 Fri, 26 Jun 2009 08:41:00 -0500 Airlines lower fares to lure travelers during recession Travelers have found roundtrip tickets to Cancun or Cozumel as low at $120, while longer trips to London have sold for around $700. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/24/falling_airfares?refid=0 Thu, 25 Jun 2009 07:00:00 -0500 Rocky auto industry puts car buyers in control at dealerships If you're in the market for a new car, this is a good time to be buying. The drop in potential buyers from a year or two ago has dealers very eager to cut deals and make sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/22/car_buying?refid=0 Tue, 23 Jun 2009 03:00:00 -0500 Job and stock markets a double-whammy for college savings These hard economic times are putting the squeeze on many parents hoping to save money to help their kids pay for college. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/16/college_savings?refid=0 Thu, 18 Jun 2009 03:00:00 -0500 Minn. TV stations complete DTV switch tonight Minnesota TV stations complete their switch to digital-only broadcasts Friday. About one-third of the TV stations went digital-only in previous months. A few are switching the day of the federal deadline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/12/dtv_launch?refid=0 Fri, 12 Jun 2009 14:46:09 -0500 US Bank, American Express continue battle over mile-earning cards American Express and US Bank are intensifying their battle over a million consumers who carry the Northwest Airlines' WorldPerks credit card issued by US Bank. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/11/creditcardbattle?refid=0 Thu, 11 Jun 2009 17:49:31 -0500 Watchdog group: Medtronic paid for government employees' travel An analysis of government travel records by a Washington D.C. watchdog group has found Pentagon employees are getting a lot of free travel. And Fridley based-Medtronic is among the organizations picking up travel costs for Department of Defense employees http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/10/medtronic?refid=0 Wed, 10 Jun 2009 18:04:51 -0500 Most Minnesotans ready for DTV switch Friday The new digital TV deadline is almost here. On Friday, June 12, all TV stations stop their old-style analog broadcasts and switch to digital-only transmissions. Congress delayed the switch from last February out of concern many people weren't ready. But the vast majority of Minnesotans are ready now. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/05/dtv?refid=0 Mon, 08 Jun 2009 00:00:00 -0500 Klobuchar tells GM, Chrysler chiefs that dealers want answers The chiefs of General Motors and Chrysler were grilled Wednesday by a U.S. Senate committee examining plans to close thousands of car dealership across the country, including dozens in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/03/gm_hearing?refid=0 Wed, 03 Jun 2009 19:11:36 -0500 Minn. boating industry focusing on survival, not profits Minnesota has one of the highest rates of boat ownership in the country. But people in here and the rest of the country aren't buying new boats like they used to, not in this recession, and that's causing great pain for boat manufacturers and dealers in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/02/minnesota_boating_survival?refid=0 Tue, 02 Jun 2009 17:03:39 -0500 GM dealers expected to learn their fate today Many of the 149 General Motors dealerships in Minnesota are expected to learn their fate Tuesday following the automaker's filing for Chapter 11 bankruptcy Monday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/01/local_gm_bankruptcy?refid=0 Mon, 01 Jun 2009 16:28:44 -0500 Target board fight finished; CEO wants focus back on stores Target shareholders have rejected a hedge fund manager's bid to shake up the retailer's board. Shareholders voted overwhelmingly Thursday in favor of four incumbent board members up for re-election. The vote is seen by many as a repudiation of ideas activist Wall Street investor Bill Ackman had for Target. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/28/target_board?refid=0 Fri, 29 May 2009 04:00:00 -0500 Target faces off with Ackman at shareholders' meeting Activist investor William Ackman and Target face off at the retailer's annual meeting in Waukesha, Wis., this afternoon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/28/target_boardvote?refid=0 Thu, 28 May 2009 10:47:43 -0500 Contested Target board seats to be announced this week Target shareholders this week will resolve a hotly contested election for seats on the retailer's board of directors. Election results will be revealed at Target's annual meeting Thursday, in Waukesha, Wisconsin. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/26/target_board?refid=0 Tue, 26 May 2009 07:09:28 -0500 Target tests matching rival Wal-Mart's prices Target is considering implementing a price-match policy, as it tries to convince shoppers that its prices are in line with those of other retailers, particularly Wal-Mart. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/18/target_price_match?refid=0 Thu, 21 May 2009 03:00:00 -0500 FDA takes issue with Cheerios health claims Federal regulators are scolding the maker of Cheerios, saying it made inappropriate claims about the popular cereal's ability to lower cholesterol and treat heart disease. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/12/fda_cheerios_health_claims?refid=0 Tue, 12 May 2009 10:22:32 -0500 Minnesota health care leaders optimistic about Obama plan The White House announced a plan today to take a $2 trillion scalpel to health care costs, and medical industry leaders in Minnesota are optimistic that the plan can succeed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/11/minnesota_obama_health_plan?refid=0 Mon, 11 May 2009 17:11:10 -0500 Shareholder trying to replace Target board members Hedge Fund manager Bill Ackman is spending millions of dollars to try to get himself and four allies seated on Target's board, but history seems to be against him. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/11/target_shareholders?refid=0 Mon, 11 May 2009 08:37:09 -0500 Retailers want protection against pro shoplifters Target and other big merchants are pushing for stiffer penalties to fight crooks who make a living ripping them off. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/07/purloining?refid=0 Thu, 07 May 2009 17:05:09 -0500 Jobless benefits help unemployed weather the storm People who lose their jobs are generally pretty concerned about how they're going to make ends meet. More than 200,000 Minnesotans collected unemployment insurance payments last year, and even more will likely do so this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/28/unemployment_benefits?refid=0 Wed, 29 Apr 2009 03:00:00 -0500 3M 1Q profit slips 48 percent The worldwide economic slowdown hit Maplewood-based 3M hard in the first quarter of this year, prompting the company to lower its 2009 outlook again. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/24/mmm_profit_falls?refid=0 Fri, 24 Apr 2009 09:30:29 -0500 Southwest proves popular at MSP Southwest filled a hefty 80 percent of the seats on those flights in March. Overall, Southwest has been filling just 70 percent of seats on its planes system wide. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/23/southwest_msp?refid=0 Thu, 23 Apr 2009 07:40:25 -0500 FDA warns St. Jude Medical Federal regulators have found problems with St. Jude Medical's documentation of quality checks for a product used to treat heart disease. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/22/stjude_warning?refid=0 Wed, 22 Apr 2009 11:12:02 -0500 TCF gives back bailout funds TCF of Minnesota intends to pay back money it received under the federal government's Troubled Asset Relief Program, or TARP. TCF received $361 million in TARP funds last fall. The bank says it doesn't need the money. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/20/tcf_tarp?refid=0 Mon, 20 Apr 2009 11:24:31 -0500 PepsiCo offers to buy Mpls bottler and one other, for $6B Shares of Minneapolis-based PepsiAmericas jumped 26 percent today after PepsiCo, the maker of drinks like Mountain Dew and its namesake cola, announced it wants to acquire the company and Pepsi Bottling Group, another of its big bottlers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/20/pepsi_deal?refid=0 Mon, 20 Apr 2009 10:34:05 -0500 Wall Street analyst: Best Buy cuts wages, jobs in its stores A Wall Street analyst says thousands of Best Buy employees may face job losses, demotions or pay cuts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/16/bestbuycuts?refid=0 Thu, 16 Apr 2009 12:10:46 -0500 Sun Country profits soaring, while others sink Mendota Heights-based Sun Country is doing pretty well right now, even as other airlines are expected to lose billions of dollars. Sun Country earned a profit of $8 million in the first three months of 2009, despite filing for bankruptcy just last October. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/15/suncountry_ok?refid=0 Thu, 16 Apr 2009 04:00:00 -0500 DWI charge possible for Denny Hecker Denny Hecker, one of the Twin Cities highest-profile auto dealers, is being charged with reckless driving and driving under the influence of a controlled substance. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/10/dwi_charge_possible_for_hecker?refid=0 Fri, 10 Apr 2009 17:03:53 -0500 No more WorldPerks from U.S. Bank Throughout the Twin Cites many people carry the Northwest Airlines WorldPerks Visa credit card. But that card will disappear as Delta Air Lines absorbs Northwest. And that's ignited a battle to put new credit cards in the wallets of consumers who've long packed the WorldPerks credit card. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/09/worldperks?refid=0 Thu, 09 Apr 2009 16:33:08 -0500 Southwest adding nonstop service to Denver Southwest Airlines likes the response it's getting in Minnesota. Less than a month after the low-cost carrier launched service between the Twin Cities and Chicago, Southwest plans to add nonstop service to Denver next month.` http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/01/southwest_denver?refid=0 Wed, 01 Apr 2009 17:15:00 -0500 Minneapolis International says goodbye to NWA, hello Delta Twin Cities air travelers today saw the biggest changes so far in the merging of Northwest Airlines into Delta Air Lines. The main terminal at the Twin Cities airport got a major makeover over the past few days as Delta erased most signs of Northwest. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/31/minneapolis_international_says_goodbye_to_nwa_hello_delta?refid=0 Tue, 31 Mar 2009 16:16:53 -0500 Minneapolis airport says goodbye to NWA signs and hello to Delta Some big changes are coming this weekend as Delta Air Lines accelerates its efforts to absorb Northwest Airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/27/minneapolis_airport_says_goodbye_to_nwa_signs_and_hello_delta?refid=0 Fri, 27 Mar 2009 17:47:14 -0500 Best Buy has bad fourth quarter Profits at Richfield-based Best Buy fell 23 percent in the quarter that ended March 1. The company earned $570 million in the period. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/26/bestbuy?refid=0 Thu, 26 Mar 2009 13:41:16 -0500 New, potentially tougher, chapter for Best Buy Richfield-based Best Buy reports its fourth-quarter sales and earnings Thursday, and they're not expected to be very good. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/25/bbyearns?refid=0 Wed, 25 Mar 2009 17:15:00 -0500 Petters' attorneys ordered to stay on the case Defense attorneys for Minnesota businessman Tom Petters have to stay on the case. The judge in the case this morning denied their request to quit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/18/petters_attorneys?refid=0 Wed, 18 Mar 2009 10:36:56 -0500 Petters attorneys want to quit over nonpayment The defense attorneys of businessman Tom Petters are seeking permission to quit the case. The attorneys accuse the government of meddling in Petters' defense by objecting to payments from Petters' assets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/16/petters_trial?refid=0 Mon, 16 Mar 2009 15:15:08 -0500 Credit card companies raising rates, even for ideal customers A lot of credit card companies are jacking up interest rates and fees these days for things like missing payments. Even people who've used their cards sparingly and never miss a payment are getting nailed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/13/credit_cards_rising_rates?refid=0 Fri, 13 Mar 2009 16:15:00 -0500 More deaths attributed to Medtronic wire Fridley-based Medtronic says the company's Sprint Fidelis cardiac wire may have played a role in the deaths of more people than it previously indicated. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/13/medtronic_wire_deaths?refid=0 Fri, 13 Mar 2009 16:00:00 -0500 Southwest begins service Sunday, who's flying? When pigs fly, that's when many folks thought Southwest Airlines would start serving the Twin Cites. Well, pigs aren't flying yet, but Southwest finally launches air service between the Twin Cites and Chicago on Sunday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/05/southwest_begins_service_sunday_whos_flying?refid=0 Fri, 06 Mar 2009 03:00:00 -0600 State lottery bucks the economic trend During this recession, people are cutting spending on things they don't really need or can wait to buy. But spending on gambling is actually going up. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/03/minnesota_gambling?refid=0 Tue, 03 Mar 2009 16:00:21 -0600 8 sue alleging illegal policing during RNC Eight people who claim they were victims of police using illegal tactics during the Republican National Convention in St. Paul have filed federal lawsuits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/27/rnclawsuits?refid=0 Fri, 27 Feb 2009 00:00:00 -0600 Petters' lawyers want trial moved outside Minnesota Attorneys for businessman Tom Petters want his upcoming trial moved outside of Minnesota. They say Petters can't receive a fair trial in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/25/petters_lawyers_want_trial_moved_outside_minnesota?refid=0 Wed, 25 Feb 2009 17:19:27 -0600 Target 4Q profit falls 41 percent amid downturn Minneapolis-based Target saw its sales and earnings drop steeply in the fourth quarter, as consumers continued to keep a tight hold on their wallets. As the nation's unemployment rate rose, more of the discount retailer's customers had trouble making payments on Target credit cards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/24/target_4q_earnings_drop_41_percent?refid=0 Tue, 24 Feb 2009 16:30:59 -0600 Links to health care services and programs Links to some health care services and programs that are available to people with health insurance needs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/23/cobra_resources?refid=0 Mon, 23 Feb 2009 16:34:42 -0600 Health coverage can be either spendy or restricted after a layoff If you lose your job, you typically lose your health insurance. There are some insurance options for the unemployed, but they're often pretty hard to get. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/23/cobra?refid=0 Mon, 23 Feb 2009 16:15:00 -0600 Best Buy cuts 250 jobs, adds 210 Richfield-based Best Buy is handing out 250 pink slips today to employees. But it's also posting 210 new positions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/19/best_buy_layoffs?refid=0 Thu, 19 Feb 2009 12:00:32 -0600 Stimulus may boost Minn. window makers The federal economic stimulus package could prove stimulating for two big Minnesota-based window manufacturers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/18/windows?refid=0 Wed, 18 Feb 2009 04:00:00 -0600 Companies entice sacked employees to waive legal action Minnesotans cut from their companies are often prodded to sign documents waiving the right to take legal action against their employers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/17/legal_docs?refid=0 Tue, 17 Feb 2009 08:13:30 -0600 Joblessness among older workers jumps Historically, older workers have been less likely to lose their jobs in an economic downturn. But that advantage is eroding. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/10/olderworkres?refid=0 Tue, 10 Feb 2009 18:00:00 -0600 Minnesota broadcasters split on digital TV delay The switch-over to digital-only TV broadcasts is a little over two weeks away. Maybe. Broadcasters throughout the state are split about whether Congress should push back the deadline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/30/dtvdelay?refid=0 Mon, 02 Feb 2009 03:00:00 -0600 Dunkin' Donuts plans big Minn. presence Dunkin' Donuts says it plans to open between 110 and 120 shops in Minnesota and western Wisconsin. The first shops are scheduled to start opening in 2010. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/30/dunkin_donuts?refid=0 Fri, 30 Jan 2009 07:41:53 -0600 Celestica closes Minn. plant; 590 jobs gone A Canadian company, Celestica, is closing a circuit board plant in Arden Hills, cutting 590 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/28/celestica_closure?refid=0 Wed, 28 Jan 2009 13:34:01 -0600 Target cuts 1,000 positions at Minn. headquarters Minneapolis-based Target is eliminating some 1,500 positions, mostly at its corporate headquarters. The retailing giant says falling sales are forcing it to make this rare round of layoffs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/27/target_cuts?refid=0 Tue, 27 Jan 2009 12:36:59 -0600 MAC approves deal with Delta The Metropolitan Airports Commission has given initial approval to a deal with Delta Airlines that includes job and flight commitments. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/27/mac_delta_deal?refid=0 Tue, 27 Jan 2009 00:39:03 -0600 Petters accused of cheating on court order Businessman Tom Petters, who allegedly masterminded a multi-billion dollar Ponzi scheme, may be in more trouble. He's allegedly tried to hide and use assets that were supposed to be frozen by court order http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/23/petters?refid=0 Fri, 23 Jan 2009 18:00:00 -0600 Best Buy CEO Brad Anderson to retire Best Buy CEO Brad Anderson will retire at the end of June, and the company's current president and COO Brian J. Dunn will succeed him. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/21/best_buy?refid=0 Wed, 21 Jan 2009 09:31:03 -0600 3M helps produce 3-D images--without special glasses 3M is working with a number of electronics manufacturers to create cell phones, handheld computers and other small devices that will produce high-definition still images and full-motion video in 3-D. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/20/3m3d?refid=0 Wed, 21 Jan 2009 03:00:00 -0600 Will the Star Tribune survive its shot at renewal? The now bankrupt Star Tribune will try to cut costs and develop a business model that will restore it to profitability, but it's hard to forecast what the Chapter 11 may mean for the Star Tribune. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/16/strib11?refid=0 Fri, 16 Jan 2009 15:15:00 -0600 Ford plant offers new round of buyouts for employees Approximately one third of the remaining UAW union members at Ford's St. Paul plant are eligible for a new round of buyouts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/14/ford_buyouts?refid=0 Wed, 14 Jan 2009 08:06:45 -0600 Star Tribune, union break off talks The Star Tribune and the union representing its journalists have broken off talks about millions of dollars in concessions sought by the financially struggling newspaper. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/09/star_tribune_union_break_off_talks?refid=0 Fri, 09 Jan 2009 13:35:59 -0600 Best Buy sales dropped again in December Richfield-based Best Buy had a pretty bad holiday shopping season. Sales at Best Buy stores open at least 14 months slipped 6.5 percent in December. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/09/bestbuy_sales?refid=0 Fri, 09 Jan 2009 12:03:52 -0600 Target, other retailers face tough road ahead It wasn't a very good Christmas for Target and other retailers. December sales numbers released today left little doubt. But, retailers are bracing themselves perhaps even tougher times ahead. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/08/macys_closing_brooklyn_center_store?refid=0 Thu, 08 Jan 2009 17:00:44 -0600 500 Best Buy employees to take buyouts About 500 employees at Best Buy's Richfield headquarters have indicated they want to accept buyout packages. The company offered that option to all its 4,000 headquarters employees as a way to cut costs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/08/bestbuy_buyouts?refid=0 Thu, 08 Jan 2009 13:40:52 -0600 Minneapolis-based Fair Isaac cutting 250 jobs Minneapolis-based Fair Isaac Corporation, best-known for providing the FICO consumer credit rating scores, is cutting 250 employees. Thirty of the 250 job cuts will come in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/08/fair_isaac_cutting_jobs?refid=0 Thu, 08 Jan 2009 07:50:09 -0600 Lack of coupons means full price for TV converter boxes A lot of Minnesotans are going to need converter boxes to get their TVs to work when all broadcasts go digital next month. The federal government had planned to give consumers $40 coupons good toward the purchase of the boxes, but the program funding the coupons has run out of money. That means folks who haven't received coupons yet may have to pay full price for converter boxes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/06/lack_of_coupons_means_full_price_for_tv_converter_boxes?refid=0 Wed, 07 Jan 2009 02:00:00 -0600 Delta says jobs and flights will stay at MSP Delta Air Lines says it is ready to commit to maintaining a busy flight schedule at the Twin Cities airport -- and keeping jobs in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/06/delta_commits_to_msp_airport?refid=0 Tue, 06 Jan 2009 10:32:35 -0600 Retailers hope for a post-Christmas sales bump Retailers are scrambling in these final days of the year to try to salvage what has been a dismal shopping season for them. Many stores are cutting prices 30 to 70 percent, trying to boost sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/29/post_xmas_retail?refid=0 Tue, 30 Dec 2008 00:00:00 -0600 Shoppers flock to stores for after-holiday sales Turnout was relatively heavy at the Mall of America in Bloomington today, as shoppers hunted for post-Christmas bargains and sales reports continued to spread gloom. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/26/shoppers_flock_to_stores_for_afterholiday_sales?refid=0 Fri, 26 Dec 2008 16:41:10 -0600 Economic slump sees second-hand sales rise Why buy new when used will do? As the economy slips into a deepening funk, more people look for ways to stretch their dollars. That's benefiting stores like Savers, Plato's Closet, Music Go Round and other retailers that sell second-hand goods--everything from jeans and jewelry to cell phones and saxophones. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/23/resale_retail?refid=0 Wed, 24 Dec 2008 15:00:00 -0600 Minnesota's jobless rate jumps to 6.4 percent The job market continues to get tougher for Minnesotans as the recession deepens. Minnesota lost another 10,500 jobs in November and the state's unemployment rate spiked 10 6.4 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/18/nov_jobless?refid=0 Thu, 18 Dec 2008 10:00:21 -0600 Graco to cut 150 jobs Minneapolis-based Graco announced today that it was eliminating 150 jobs, or approx. 6 percent of its workforce. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/17/graco_to_cut_150_jobs?refid=0 Wed, 17 Dec 2008 16:53:05 -0600 Select Comfort to drop 120 Minn. employees Select Comfort, one of the nation's leading bed retailers and creator of the Sleep Number bed, is cutting about 120 jobs at its Plymouth headquarters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/17/select_comfort?refid=0 Wed, 17 Dec 2008 07:33:10 -0600 Better buys, slower sales for Best Buy Analysts expect Best Buy to report a steep drop in sales and earnings tomorrow. However, the consumer electronics giant appears to be on track to become even more dominant in the consumer electronics business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/15/best_buy_sales?refid=0 Mon, 15 Dec 2008 17:15:48 -0600 Delta, Northwest now have paperless boarding passes Travelers flying Northwest and Delta Airlines out of the Twin Cities can now get their boarding passes on cell phones and PDAs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/12/e_checkin?refid=0 Fri, 12 Dec 2008 14:51:00 -0600 NWA WorldPerks moves to Delta's American Express Members of NWA's WorldPerks frequent flier program will be getting new credit cards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/10/worldperks?refid=0 Wed, 10 Dec 2008 07:22:10 -0600 3M layoffs include 400 jobs in Twin Cities Maplewood-based 3M says layoffs announced recently will include about 400 Twin Cities jobs as the weakening global economy cuts into profits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/08/3m_outlook?refid=0 Mon, 08 Dec 2008 16:00:04 -0600 Sun Country restores employee wages Sun Country Airlines says it's restoring employee wages that were cut as much as 70 percent as the carrier fell into bankruptcy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/04/suncountry?refid=0 Thu, 04 Dec 2008 15:25:57 -0600 Retail sales drop in dreary November xx http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/04/retailsales?refid=0 Thu, 04 Dec 2008 14:10:45 -0600 Union wants more information from Star Tribune Union leaders at the Star Tribune met Wednesday afternoon to discuss their response to the paper's push for $20 million in labor cost cuts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/04/strib_union?refid=0 Thu, 04 Dec 2008 09:03:06 -0600 Medtronic sued over death involving bone graft device The family of a woman who died after receiving a Medtronic device has filed the first lawsuit alleging the Fridley medical device maker's bone graft product caused a death. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/03/medtronic_lawsuit?refid=0 Wed, 03 Dec 2008 16:22:04 -0600 Former investors watching Petters fraud case unfold Twin Cities businessman Tom Petters is now scheduled to go on trial in early February. Petters is facing charges that he masterminded a multi-billion dollar fraud scheme. Petters pleaded not guilty in a federal courtroom in St. Paul Tuesday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/02/former_investors_watching_petters_fraud_case_unfold?refid=0 Wed, 03 Dec 2008 03:00:00 -0600 Judge sets trial date for Tom Petters A federal magistrate judge has set a date of Feb. 9, 2009, for the fraud trial of Twin Cities businessman Tom Petters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/02/petters_trialdate?refid=0 Tue, 02 Dec 2008 14:51:30 -0600 Minnesota's ResCap trying to survive Minnesota's big financial houses generally steered clear of the risky lending that created the nation's mortgage mess. But Minnesota is home to one of the nation's biggest lenders getting crushed by mortgage defaults. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/26/rescap?refid=0 Mon, 01 Dec 2008 00:00:00 -0600 MSP adds restaurant outside security gates People picking up or dropping off Thanksgiving travelers at the Twin Cities airport have a new option this year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/25/msp_restaurant?refid=0 Tue, 25 Nov 2008 08:12:53 -0600 Thanksgiving travel likely to be down In better times, many of us would readily pop for plane tickets to get to family Thanksgiving gatherings. But, with the economy in an increasingly deep funk and more of us worried about our jobs and money, the idea of dropping hundreds of bucks to get home -- or bring people home -- for the holiday just isn't flying like it once did. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/24/tdaytravel?refid=0 Mon, 24 Nov 2008 16:00:45 -0600 University survey shows holiday shoppers expect to spend less An annual University of St. Thomas survey suggests Twin Cities residents expect to spend about 12 percent less on holiday shopping this year. Researchers at the university found the average household anticipates spending $663, about $90 less than last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/19/survey_retail_sales_down?refid=0 Thu, 20 Nov 2008 03:00:00 -0600 Target CEO remains optimistic, despite dismal earnings report With the economy and retail sales steadily slipping, Target Corporation said it will aggressively cut prices heading into the all-important holiday shopping season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/17/target_3q_profit_falls_24_percent_in_tough_economy?refid=0 Mon, 17 Nov 2008 09:37:46 -0600 Obama's economic plans may significantly affect Minn. companies The election of Barack Obama is likely to have broad effects on Minnesota businesses. But three major Minnesota employers appear likely to be particularly affected, specifically Target, Best Buy and UnitedHealth Group. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/07/obama_economic_plans_minnesota?refid=0 Fri, 07 Nov 2008 16:44:13 -0600 Southwest announces $69 fare to Chicago Southwest Airlines today announced its plans for serving the Twin Cities. Starting March 8th, the Dallas-based carrier will offer eight round-trip daily flights between the Minneapolis-St. Paul airport and Chicago's Midway Airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/06/southwest_sked?refid=0 Thu, 06 Nov 2008 17:00:25 -0600 Judge rules Petters must stay in jail A federal judge in St. Paul ruled today that Wayzata businessman Tom Petters will remain in jail through the end of his trial on fraud charges. The judge said Petters remains a flight risk. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/31/pettersbail?refid=0 Fri, 31 Oct 2008 14:24:51 -0500 Northwest Airlines -- a look back at its long history For 82 years, Northwest Airlines has been a Minnesota company, Minnesota's airline. With Delta's acquisition of Northwest, though, the airline will fade into history. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/09/nwa_history?refid=0 Thu, 30 Oct 2008 16:45:00 -0500 Northwest, Delta begin integration The end of Northwest Airlines has begun. Late yesterday afternoon, Delta Air Lines closed on its purchase of Eagan-based Northwest. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/30/merger_nwa?refid=0 Thu, 30 Oct 2008 06:41:37 -0500 Justice Department approves Northwest-Delta merger Delta and Northwest airlines cleared away their last big obstacle to forming the world's largest airline today. The U.S. Justice Department said the merger has benefits and will not hurt competition. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/29/northwest_delta_merger_approved?refid=0 Wed, 29 Oct 2008 14:07:29 -0500 Minnesota banks still willing to lend, despite financial crunch In Minnesota there are concerns about a credit crunch, but banks here insist they're eager and able to lend. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/28/_state_of_minnesota_banks?refid=0 Tue, 28 Oct 2008 17:20:00 -0500 Target scales back credit card lending Minneapolis-based Target is facing slower sales and is tightening lending standards in its credit card business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/24/target_lending?refid=0 Fri, 24 Oct 2008 07:10:00 -0500 Slow holidays add to Target's problems The Christmas holidays don't appear to hold much joy for retailers, including Minneapolis-based Target, which has already been struggling with slowing sales and problems in its credit card business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/17/target?refid=0 Sun, 19 Oct 2008 12:00:00 -0500 Minn. sees more job losses, lower unemployment Another 2,300 jobs were cut in Minnesota last month, but the state's unemployment rate is also down. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/16/unemployment?refid=0 Thu, 16 Oct 2008 11:24:43 -0500 Minnesota banks welcome bailout spending Some Minnesota banks may be interested in the federal government's plan to spend $250 billion this year buying stock in U.S. Banks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/15/minn_banks?refid=0 Wed, 15 Oct 2008 06:31:42 -0500 MPR's Martin Moylan explains what the update means The State of Minnesota released its quarterly Economic Update today and there was some encouraging news about state tax revenue. Minnesota Public Radio's Martin Moylan talked with Tom Crann about the state's update. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/10/minnesota_econonmy_update?refid=0 Fri, 10 Oct 2008 18:19:24 -0500 Poll shows Minnesotans fear economic outlook A Minnesota Public Radio News and University of Minnesota Humphrey Institute poll indicates nearly one quarter of Minnesotans are scared because of the turmoil in the financial markets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/09/economic_poll?refid=0 Thu, 09 Oct 2008 17:46:07 -0500 Petters to remain in jail; associates plead guilty Minnesota businessman Tom Petters will remain in jail until he faces trial in what federal prosecutors say is a fraud scheme that took in more than $3 billion from investors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/08/petters_folo?refid=0 Wed, 08 Oct 2008 10:40:34 -0500 Judge to decide whether to release Petters until trial A federal judge is expected to rule this morning if businessman Tom Petters should be released from jail until he stands trail for his alleged role in a huge fraud scheme. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/08/petters?refid=0 Wed, 08 Oct 2008 08:02:13 -0500 Sun Country files for Chapter 11 bankruptcy protection Mendota-Heights Sun Country Airlines filed for Chapter 11 bankruptcy today. The second largest airline serving the Twin Cities said it had no choice because of the legal and financial woes of its parent company, Petters Group Worldwide. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/06/suncountry_bankruptcy?refid=0 Mon, 06 Oct 2008 13:50:02 -0500 Southwest Airlines coming to Twin Cities airport in '09 Southwest Airlines Co. plans to begin service next March to the Twin Cities airport, its first new market in more than a year. The service will initially be limited to flights to and from Chicago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/01/msp_southwest?refid=0 Wed, 01 Oct 2008 15:46:52 -0500 Mesaba sued over alleged religious discrimination The U.S. Equal Employment Opportunity Commission is suing Mesaba Airlines, alleging the airline refused to reasonably accommodate a Jewish woman who wanted to change her hours to avoid working on the Sabbath. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/01/mesaba_harassment?refid=0 Wed, 01 Oct 2008 15:26:22 -0500 Sun Country to defer half of employee pay Mendota Heights-based Sun Country Airlines says it must defer 50 percent of employees' pay through the end of the year to become independent of its parent company, Petters Group Worldwide. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/30/sun_country?refid=0 Tue, 30 Sep 2008 00:49:29 -0500 Petters resigns in wake of fraud investigation Less than a week after a federal raid on his home and corporate headquarters, Twin Cities businessman Tom Petters has resigned from the company that bears his name. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/29/pettersresigns?refid=0 Mon, 29 Sep 2008 16:19:58 -0500 TCF banks on college students The University of Minnesota is one of dozens of colleges and universities around the country that have partnerships with banks. Its deal with TCF brings in $1 million a year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/10/banking_college_students?refid=0 Sun, 28 Sep 2008 16:00:00 -0500 Warrant alleges fraud by Petters The FBI said it has recordings of Twin Cities businessman Tom Petters repeatedly admitting to defrauding investors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/26/petters_fraud?refid=0 Fri, 26 Sep 2008 19:10:26 -0500 Federal authorities investigate Petters Group A federal search warrant is being executed at the headquarters of Petters Group Worldwide, which has Sun Country Airlines and Polaroid among its holdings. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/24/petters_group?refid=0 Wed, 24 Sep 2008 11:33:28 -0500 Analysts say local financial firms will survive turmoil It may be another roller coaster ride for Minnesota's financial services sector when the stock market opens today. Investors pummeled Twin Cities financial firms and scores of other financial services stocks, as they worried what will or won't be in the financial industry bailout package being hashed out in Washington. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/22/banks_surviving?refid=0 Tue, 23 Sep 2008 03:00:00 -0500 Minnesota's economy 'well-insulated' from Wall Street troubles Some of the effects of the latest turmoil on Wall Street landed in Minnesota today. Minneapolis-based Ameriprise Financial disclosed it owns nearly $160 million of securities issued by Lehman Brothers. But the Minnesota economy and its financial services sector might be somewhat insulated from the pain that'll go with this mishap. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/15/minneconomy?refid=0 Mon, 15 Sep 2008 16:44:36 -0500 Winners and losers from the RNC It'll be about six weeks before sales tax data gives a read, perhaps, on the economic impact of the Republican National Convention on the Twin Cities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/05/rnceconomy?refid=0 Fri, 05 Sep 2008 16:33:22 -0500 This Convention Is Brought To You By ... The Republican National Convention in the Twin Cities, like last week's Democratic convention in Denver, is largely funded by big corporations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/09/02/corporate_convention_funding?refid=0 Tue, 02 Sep 2008 10:37:28 -0500 RNC not raining money everywhere Many businesses expect to profit handsomely from the $150 million the Republican National Convention is expected to shower on the Twin Cities. But some businesses are already disappointed. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/29/rncbux?refid=0 Mon, 01 Sep 2008 03:00:00 -0500 A List You Don't Want to Make For years, innocent travelers have been subject to extra scrutiny at airports that seems unwarranted, if not silly. In many cases the traveler shares the name of someone on a terror watch list, and that triggers a closer review. But there's a renewed push to clear the names of the innocent and speed their way through security checks. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/15/_airport_security_screening?refid=0 Wed, 27 Aug 2008 00:00:00 -0500 Will my cell phone work? Will my cell phone work in and around the Xcel Energy Center during the Republican National Convention? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/15/survivalguide_cellphones?refid=0 Mon, 25 Aug 2008 00:00:00 -0500 Minnesota's unemployment rate jumps to highest in over two decades Minnesota's unemployment rate jumped to the highest level in 22 years last month and it doesn't look like the picture will get much better anytime soon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/14/minnesota_jobs_losses?refid=0 Thu, 14 Aug 2008 10:50:39 -0500 Delta, NWA pilots approve new contract Pilots at Delta and Northwest have approved a joint collective bargaining agreement. The new contract is a key part of Delta's plan to acquire Northwest. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/11/pilotsvote?refid=0 Mon, 11 Aug 2008 15:00:25 -0500 Sun Country seeks financial help from state, MAC The airline has indicated it hopes to get up to $50 million in loans or other financial help, as the airline tries to cope with high fuel prices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/06/sun_country_airlines?refid=0 Wed, 06 Aug 2008 14:12:12 -0500 Planet Hollywood expected to buy Buca restaurants A subsidiary of privately held Planet Hollywood will buy the Minneapolis-based chain of family-style restaurants for approximately $10 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/05/buca_bought?refid=0 Tue, 05 Aug 2008 14:40:08 -0500 Those not-quite-so-free reward tickets Cashing in frequent flier miles for free plane tickets has long been a much appreciated reward for air travelers, but next month, Northwest Airlines will follow the lead of many rival carriers and start charging customers a fee to turn their miles into tickets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/03/_freuent_flier_miles?refid=0 Mon, 04 Aug 2008 01:00:00 -0500 St. Paul in the Spotlight Priceless publicity. That's what the city St. Paul hopes to get when it hosts the Republican National Convention this September. Some 15,000 journalists are expected in town to cover the convention. And St. Paul hopes their reports will raise the profile of the city across the country and around the world. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/30/stpaul_in_spotlight?refid=0 Wed, 30 Jul 2008 17:45:00 -0500 Bill Cooper to return as CEO of TCF Financial Bill Cooper, who helped establish TCF Financial as one of the region's top banks, is returning to the position of CEO. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/28/bill_cooper?refid=0 Mon, 28 Jul 2008 17:36:11 -0500 Conventional business won't be as usual The upcoming Republican National Convention will present some serious challenges for employers business and organizations in downtown St. Paul. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/22/convention_and_employers?refid=0 Tue, 22 Jul 2008 16:00:00 -0500 Twin Cities hospitals ready for RNC throngs St. Paul's five downtown hospitals are getting ready to deal with the Republican National Convention this September and the thousands of visitors it's expected to bring to the city. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/21/hospitals_rnc?refid=0 Mon, 21 Jul 2008 06:49:29 -0500 Minnesota employers add 3,400 jobs in June State officials said the state's seasonally adjusted unemployment rate dropped to 5.3 percent from 5.4 percent in May. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/17/minnesota_jobs?refid=0 Thu, 17 Jul 2008 15:14:00 -0500 Cabbies look for fare increase to cover higher gas costs It's been about three years since Twin Cities area cab drivers were allowed to increase their rates. Meanwhile, gas prices have more than doubled. Minneapolis, St. Paul, Bloomington and the airport are poised to raise fares by 16 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/10/cabfares?refid=0 Thu, 10 Jul 2008 15:33:05 -0500 Northwest cuts 2,500 jobs The Eagan-based carrier says it will also begin charging fees to check luggage. Northwest says the actions are necessary because of high fuel prices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/09/nwacuts?refid=0 Wed, 09 Jul 2008 12:49:51 -0500 Fares and flights can't escape airline fuel woes Soaring fuel prices have virtually all U.S. airlines in a tailspin. Most carriers, including Northwest and Sun Country, plan to drop flights this fall. Meanwhile, they're trying to push up fares. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/07/01/fall_air_travel?refid=0 Tue, 01 Jul 2008 15:30:00 -0500 NWA pilot union leaders favor contract with Delta Leaders of the pilots' union at Northwest Airlines today unanimously recommended rank-and-file members approve a tentative contract with Delta Air Lines. The contract would help pave the way for Delta to acquire Northwest. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/27/pilotsupdate?refid=0 Fri, 27 Jun 2008 16:55:31 -0500 Star Tribune staff rallies against cuts Journalists at the Minneapolis-based Star Tribune rallied outside the newspaper Wednesday, trying to win public support to fight additional newsroom cuts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/26/strib?refid=0 Thu, 26 Jun 2008 07:15:59 -0500 Delta, Northwest pilots reach tentative deal Delta Air Lines has apparently removed a major impediment to its proposed merger with Eagan-based Northwest Airlines. Delta announced this afternoon it has reached a tentative contract settlement with Northwest pilots. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/24/deltapilots?refid=0 Tue, 24 Jun 2008 16:44:09 -0500 Airlines urge Congress to curb oil speculators Northwest Airlines CEO Doug Steenland today will urge Congress to crack down on oil speculators. Steenland will testify before a House energy subcommittee hearing this morning. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/23/steenland?refid=0 Mon, 23 Jun 2008 07:33:45 -0500 Sun Country looks to state for help Mendota Heights-based Sun Country Airlines is hoping to get up to $50 million in loans or other financial help from the state of Minnesota and the Metropolitan Airports Commission. The airline is getting hit hard by soaring fuel prices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/19/southwest?refid=0 Thu, 19 Jun 2008 07:16:56 -0500 High gas prices have little impact on telecommuting Some organizations are showing more enthusiasm for telecommuting. But most employers aren't sold on the value of letting employees work from home. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/09/telecommuting?refid=0 Tue, 10 Jun 2008 01:00:00 -0500 How fast do Internet speedsters want to go? The speed limits for local Web surfers are getting much, much faster. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/04/high_speed_internet?refid=0 Wed, 04 Jun 2008 16:00:00 -0500 Boston Sci appoints new president of cardiac rhythm management operations Fred Colen has been with the company since 1999 in a number of leadership positions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/06/03/colen_boston_scientific?refid=0 Tue, 03 Jun 2008 15:05:05 -0500 Delta flight attendants reject union An effort to unionize flight attendants at Delta Air Lines has failed. But there'll be another union vote if Delta succeeds in acquiring Eagan-based Northwest Airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/28/delta?refid=0 Thu, 29 May 2008 00:00:00 -0500 High gas prices pumping up small-car sales ... somewhat As gas prices flirt with $4 a gallon, Minnesotans, like most Americans, are showing more affection for fuel-efficient vehicles and are buying far fewer trucks, SUVs and vans. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/20/minncars?refid=0 Thu, 22 May 2008 16:10:00 -0500 Star Tribune looks to trim budget by $20 million The union representing some 1,200 newsroom and other employees at the Star Tribune says the newspaper's owners are looking for $20 million in annual budget cuts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/15/strib?refid=0 Thu, 15 May 2008 12:00:00 -0500 Oberstar maintains his concerns about NWA-Delta deal Congressman Jim Oberstar is not backing away from his contention that Delta Air Lines' acquisition of Northwest will prompt additional airline mergers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/14/mergertalks?refid=0 Wed, 14 May 2008 14:59:07 -0500 Delta, Northwest CEOs assure Senate jobs will stay in Minn. Northwest and Delta Airlines are offering firmer and more detailed commitments about what their combination would mean for Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/07/ceos?refid=0 Wed, 07 May 2008 18:46:41 -0500 RNC -- good for some businesses, but not all As the Republican National Convention draws near, many Twin Cities business are sizing up how much of a sales kick they may get out of the convention this September. But being close to the convention is no guarantee of a boost in sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/06/rnc_and_business?refid=0 Wed, 07 May 2008 00:00:00 -0500 Medtronic job cuts signal shift in focus Fridley-based Medtronic says it will eliminate about 1,100 jobs companywide and about 350 in the Twin Cities. But within a year, the company expects to more than offset the job cuts by adding jobs in areas that have prospects for high growth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/06/mdt?refid=0 Tue, 06 May 2008 15:50:00 -0500 NWA CEO will receive $18.3 million in severance Northwest Airlines CEO Doug Steenland currently stands to receive about 18.3 million dollars in severance after Delta Air Lines acquires the company. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/30/_steenland?refid=0 Wed, 30 Apr 2008 06:41:15 -0500 Lawmakers taking hard line with Northwest, Delta A legislative committee today approved two bills that require the state to take a hard line on Northwest Airlines' commitments to keep the carrier's hub and headquarters in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/29/nwapressure?refid=0 Tue, 29 Apr 2008 16:08:28 -0500 MAC wants Delta to make good on NWA promise Officials with the Metropolitan Airports Commission will be at the state Capitol today to offer their view on Delta Air Lines' plan to buy Northwest and put the combined airline's headquarters in Atlanta. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/29/nwa_promise?refid=0 Tue, 29 Apr 2008 07:11:39 -0500 NWA: Little you can do to keep the headquarters A Northwest Airlines executive told Minnesota lawmakers the state has little leverage to keep the headquarters once Delta acquires the Eagan-based airline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/25/nwaleg?refid=0 Fri, 25 Apr 2008 16:19:52 -0500 Cub adds kick to stimulus package Cub Foods says it is prepared to add some extra kick to customers' tax refund checks and economic stimulus checks. The grocery stores will redeem the checks for gift cards. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/25/cub_refund?refid=0 Fri, 25 Apr 2008 06:48:12 -0500 Northwest posts $191 million operating loss Northwest and Delta airlines posted combined losses of $10.5 billion on paper in the first three months of the year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/23/nwa_losses?refid=0 Wed, 23 Apr 2008 08:16:37 -0500 Easier pet travel from NWA Northwest Airlines is making it easier for people to book travel for their pets. As long as travel is within the continental United States, customers can use the Internet to book travel for dogs, cats and household birds. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/22/nwa_pets?refid=0 Tue, 22 Apr 2008 06:35:45 -0500 Northwest, Delta begin the task of gaining approval Northwest and Delta airlines are working hard to convince employees, customers and community and political leaders that the airlines' combination will benefit them. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/16/approval?refid=0 Wed, 16 Apr 2008 16:48:56 -0500 Delta, NWA begin selling the deal, but skeptics abound For months, Northwest and Delta airlines wouldn't say much about their much anticipated merger. Now, that it's a done deal, the airlines are talking up the transaction big time. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/15/nwa2?refid=0 Wed, 16 Apr 2008 00:00:00 -0500 What the CEOs are saying Minnesota Public Radio's Martin Moylan joined "All Things Considered's" Tom Crann to discuss the Northwest-Delta deal the first day after the annoucement. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/15/nwa_atc?refid=0 Tue, 15 Apr 2008 22:14:07 -0500 NWA-Delta merger goes forward; deal draws mixed reactions Delta Air Lines is buying Eagan-based Northwest Airlines, creating what will be the world's biggest airline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/14/_nwa_delta_merger?refid=0 Tue, 15 Apr 2008 03:00:00 -0500 Delta pilots close to new deal clearing way for NWA merger Delta Air Lines appears to be close to getting its pilots' support for a merger with Northwest Airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/10/merger1?refid=0 Thu, 10 Apr 2008 16:36:16 -0500 NWA and Delta permitted to coordinate international flights The U.S. Transportation Department has tentatively granted Northwest and Delta airlines permission to coordinate their international flights. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/10/nwa_delt_intl?refid=0 Thu, 10 Apr 2008 07:54:42 -0500 American Airlines flights canceled for inspections The airline canceled more than one-third of its scheduled flights as it spends a second straight day inspecting the wiring on some of its jets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/09/aa_flights?refid=0 Wed, 09 Apr 2008 08:54:17 -0500 Northwest invokes Lindbergh's spirit in launching Paris service Northwest Airlines launched nonstop service between the Twin Cities and Paris Tuesday afternoon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/08/paris?refid=0 Tue, 08 Apr 2008 16:29:00 -0500 NWA launches maiden Twin Cities-Paris flight Northwest Airlines' maiden nonstop service flight between the Twin Cites and Paris takes off today at 3:30 p.m. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/08/nwa_tc_paris?refid=0 Tue, 08 Apr 2008 07:03:35 -0500 Lindbergh legacy on NWA's first nonstop flight to Paris Northwest Airlines launched nonstop service between the Twin Cities and Paris Tuesday afternoon. On board was Lars Lindbergh, grandson of Charles Lindbergh, who made the first solo nonstop transatlantic flight in history. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/09/lindberg_nwa?refid=0 Tue, 08 Apr 2008 00:00:00 -0500 Drivers and businesses feeling more pain at the pump Consumers are certainly feeling some pain at the gas pump, as they fill up their cars with fuel that costs about ten percent more than it did a few weeks ago. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/04/fuelbiz?refid=0 Fri, 04 Apr 2008 16:57:07 -0500 Inspector General calls for better airline safety inspections Witnesses testifying before a Congressional committee Thursday said the airline industry needs a sweeping air-safety overhaul, starting with the Federal Aviation Administration. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/04/faa_testimony?refid=0 Fri, 04 Apr 2008 10:31:32 -0500 Northwest to cut flights by 5 percent in September Eagan-based Northwest Airlines is taking several new actions to deal with soaring fuel costs and a sinking economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/03/nwaaction?refid=0 Thu, 03 Apr 2008 16:50:40 -0500 Royal Rents for Republicans St. Paul area homeowners, many of them Democrats, are hoping to profit by putting up people from the pachyderm party. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/02/rnc_rentals?refid=0 Thu, 03 Apr 2008 15:00:00 -0500 NWA interested in reviving merger talks Northwest Airlines is apparently interested in reviving merger talks with Delta Airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/28/nwa?refid=0 Fri, 28 Mar 2008 16:07:09 -0500 Airfares may not join oil in soaring to the heavens Some airfare increases of $10, $20 and $50 seem to be sticking. But patient air travelers should still be able to land good deals on airfares. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/24/fares?refid=0 Mon, 24 Mar 2008 16:00:00 -0500 AirTran to end service between Twin Cities and Chicago's Midway Service is expected to end May 5th. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/20/airtran?refid=0 Thu, 20 Mar 2008 10:23:28 -0500 NWA pilots' union leaders haven't given up merger hopes Union leaders said arbitration could settle a dispute about seniority lists, but their Delta counterpart has apparently already rejected that option. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/19/pilots_arbitration?refid=0 Wed, 19 Mar 2008 13:43:08 -0500 Delta pilots say they can not reach agreement on seniority Delta Air Lines' pilots union said it has been unable to reach agreement on seniority issues with the pilots union at Eagan-based Northwest Airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/17/impass?refid=0 Mon, 17 Mar 2008 18:22:38 -0500 Delta pilots tell company no deal with Northwest It's looking more like a long-expected merger of Northwest and Delta airlines may never get off the ground. The union for Delta's pilots is saying it sees little prospect for finding a way to combine pilot seniority lists for the two airlines. And that may be a deal breaker for the merger. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/17/merger?refid=0 Mon, 17 Mar 2008 16:48:35 -0500 Delta revising its business plan The move is intended to counter the impact of skyrocketing fuel costs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/17/delta_business_plan?refid=0 Mon, 17 Mar 2008 09:46:37 -0500 New hotel welcomes four-legged guests A new hotel of sorts will open adjacent to the Twin Cites airport this October. Suites will go for only about $25 a night, but you have to be four-legged, fur-bearing or feathered to stay there. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/10/pets?refid=0 Tue, 11 Mar 2008 01:00:00 -0500 Oberstar criticizes the FAA for lax safety record Minnesota Congressman James Oberstar, DFL, says the FAA has a lax attitude about aviation safety. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/08/southwest?refid=0 Sat, 08 Mar 2008 09:23:40 -0600 Can the pilots kill off industry consolidation? Can Northwest and Delta pilots kill industry consolidation if they fail to reach agreement on combining seniority lists? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/03/03/nodeal?refid=0 Thu, 06 Mar 2008 00:00:00 -0600 Mergers can provoke a war among pilots over seniority A top Delta Air Lines official says the carrier is not committed to finding a replacement deal if merger talks with Northwest Airlines fall apart. Pilots for the two airlines have yet to reach an agreement on seniority, an agreement Delta insists on. An acrimonious dispute over pilot seniority has hobbled US Airways. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/29/pilots?refid=0 Fri, 29 Feb 2008 18:32:47 -0600 International Machinists union opposes any airline mergers The union representing about 40,000 baggage handlers, reservation agents and other workers at Northwest, United and Continental airlines says it will oppose any merger of major U.S. airlines. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/25/union?refid=0 Mon, 25 Feb 2008 11:43:19 -0600 Pilot seniority is sticking point in airline merger deal Merger talks between Northwest and Delta airlines and their pilots have apparently resolved issues related to pilot pay, stock and other issues. But the two pilot groups are still deadlocked over how to combine the separate pilot seniority lists into one. And that could kill a deal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/20/mergerfolo?refid=0 Wed, 20 Feb 2008 17:18:56 -0600 Delta, NWA boards may meet Wednesday on merger A source close to merger discussions between Northwest and Delta airlines says no deal has been reached so far to win the support of the airlines' pilots for a merger. That conflicts with published reports earlier Tuesday indicating a settlement with the pilots was in hand. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/19/nwa?refid=0 Tue, 19 Feb 2008 14:07:59 -0600 Delta-NWA merger could come as soon as Wednesday A merger of Northwest and Delta airlines could be announced Wednesday. Meanwhile, Gov. Tim Pawlenty is reminding Northwest of commitments the airline has made to Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/15/merger?refid=0 Fri, 15 Feb 2008 18:49:46 -0600 Top political leaders discuss potential Northwest merger Minnesota political leaders are trying to protect Twin Cities jobs and air service if Northwest Airlines merges with another carrier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/08/nwaincentives?refid=0 Fri, 08 Feb 2008 05:00:00 -0600 Macy's cuts 950 jobs The Macy's department store chain is closing its regional headquarters in Minneapolis and cutting some 950 local jobs in the process. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/06/macyswrap?refid=0 Thu, 07 Feb 2008 01:00:00 -0600 Medtronic cleared to sell new drug-coated stent Fridley, Minn.-based Medtronic has received federal approval to sell a new drug-coated stent. The stent is the first such device to hit the U.S. market since safety worries depressed their popularity two years ago http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/02/stents?refid=0 Sat, 02 Feb 2008 10:51:26 -0600 Past airline mergers marked by problems What could travelers and employees expect if Northwest Airlines merges with Delta Air Lines or another airline? History suggests there may be trouble with everything from lost bags to labor unions. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/29/past_mergers?refid=0 Wed, 30 Jan 2008 03:00:00 -0600 Travelers generally sanguine about merger Northwest Airlines' 1986 merger with Republic Airlines was fraught with labor unrest and service snafus. But travelers do not seem too upset about the prospect of the Eagan-based carrier merging again. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/23/nwa_travelers?refid=0 Wed, 23 Jan 2008 17:50:00 -0600 Unions prep for possible NWA merger Speculation is mounting about Eagan-based Northwest Airlines merging with Delta Air Lines. Such pairings are nothing new in the airline business, but history shows that it is critical to get airline unions on board to avoid possibly extreme turbulence. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/16/merger?refid=0 Thu, 17 Jan 2008 03:00:00 -0600 If NWA merges, what can travellers expect? What can passengers count on if Northwest Airlines merges with Delta? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/10/nwamerger2?refid=0 Fri, 11 Jan 2008 00:00:00 -0600 Target CEO Bob Ulrich to retire Minneapolis-based Target is getting a new chief executive officer. Bob Ulrich, who has led the retailing powerhouse for more than a decade, is stepping down. Under Ulrich's leadership, Target nearly tripled its sales -- and the retailer's profits jumped almost ninefold. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/09/targetceo?refid=0 Wed, 09 Jan 2008 15:26:48 -0600 Marilyn Carlson Nelson hands over reins to non-family member Travel operator Carlson Cos., owner of the Radisson hotel chain and dozens of other travel brands, named Hubert Joly as chief executive on Tuesday, ending a dispute over who would take over one of the nation's largest family-run companies. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/08/carlsonco?refid=0 Tue, 08 Jan 2008 11:20:30 -0600 Can downtown Minneapolis retail rebound? Several prominent retailers have closed shop in downtown Minneapolis recently. And that's renewed concerns about the future of downtown Minneapolis as a retail center. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/01/06/_downtown_minneapolis_shopping?refid=0 Mon, 07 Jan 2008 17:00:00 -0600 Can green retailers get into the black? Many local consumers want to buy more environmentally friendly products -- products that are green. Several retailers have opened up recently in the Twin Cities to serve those shoppers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/21/green_retailing?refid=0 Tue, 01 Jan 2008 00:00:40 -0600 New FCC rules on media ownership likely to change little in Minnesota New FCC rules on media ownership are likely to change little in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/20/fcc?refid=0 Thu, 20 Dec 2007 14:45:59 -0600 Those not-so-flexible spending accounts Few people use health care FSAs, failing to understand the tax breaks and fearing they'll forfeit unused money. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/13/flex_spending_accounts?refid=0 Wed, 19 Dec 2007 03:10:00 -0600 Twin Cities housing market remains sluggish The Twin Cities housing market is still a bit chilly http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/13/housing_market?refid=0 Thu, 13 Dec 2007 00:24:53 -0600 Consumers have a year to prepare for digital TV The switch to digital-only TV broadcasts is about a year away. The switch will be an especially big deal in Minnesota because about a quarter of households rely on antennas to receive TV signals. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/30/digital_tv_conversion?refid=0 Tue, 11 Dec 2007 03:00:00 -0600 Medtronic heads to the Supreme Court Attorneys for Fridley-based Medtronic will argue before the U.S. Supreme Court in a case that could greatly alter the ability of consumers to sue medical device manufacturers in state courts. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/12/04/medtronic_supreme_court?refid=0 Tue, 04 Dec 2007 06:04:43 -0600 Pipeline explosion a lesson in worldwide energy policy The shutdown of major oil pipelines running through Clearbrook, Minnesota, is providing a surprising lesson about Minnesota's role in world oil markets. Oil prices fluctuated Thursday as oil buyers waffled on how much of problem they thought the shutdown would cause. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/29/pipelineoilsupply?refid=0 Thu, 29 Nov 2007 15:52:49 -0600 Not just another jumbo jet Airbus had its flagship A380 jumbo jet in the Twin Cites Tuesday. Airbus is trying to convince Northwest and other U.S. carriers to add the $320 million jet to their fleets. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/26/_airbus380_visit?refid=0 Mon, 26 Nov 2007 17:00:48 -0600 Forecasts call for a jollier holiday shopping season online While store sales look soft, retailers are looking forward to about a 20 percent jump in online sales this holiday season. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/21/onlineshopping_xmass?refid=0 Fri, 23 Nov 2007 13:00:00 -0600 Mainstream journalists launch online news site MinnPost, a nonprofit online news site, launches today. A lot of media watchers are keeping an eye on this project, being led by a former Star Tribune publisher and staffed by dozens of veteran journalists. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/05/minnpost_launches?refid=0 Thu, 08 Nov 2007 01:00:00 -0600 Ford plant closing could be delayed The Ford plant in St. Paul may stay open until 2009. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/05/ford_plant_closing_delay?refid=0 Mon, 05 Nov 2007 21:26:43 -0600 Would a Northwest-Delta merger fly? Speculation about a Northwest-Delta merger has heated up. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/11/02/nwa_delta_marger_talk?refid=0 Mon, 05 Nov 2007 00:00:28 -0600 Northwest turns a profit in third quarter Net income for the three months ended Sept. 30 was $244 million as the airline kept fuel and other costs under control, and moved on from its bankruptcy restructuring. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/29/northwestearns?refid=0 Mon, 29 Oct 2007 09:50:52 -0500 Tough week for biomedical industry It has been a wild week in Minnesota's medical technology industry. Monday, Medtronic stopped selling a device potentially linked to at least five deaths. Wednesday, Boston Scientific, a major employer in Minnesota, announced it will cut 2,300 jobs. And Friday, Boston Scientific announced a $272 million loss for the most recent quarter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/19/biomed?refid=0 Fri, 19 Oct 2007 17:46:50 -0500 What's it like to do business in India? Several dozen Minnesota business and political leaders embark Saturday on a trade mission to India. Minnesota Gov. Tim Pawlenty is leading the delegation and says India's 1.1 billion people represent a huge and "largely untapped" market for Minnesota goods and services. But what's it like doing business with India? http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/12/india_biz?refid=0 Fri, 19 Oct 2007 03:00:00 -0500 FAA faulted for handling of maintenance concerns during NWA mechanics strike The Office of Inspector General says the FAA discounted the concerns raised by one of its inspectors over maintenance practices at Northwest during the mechanics' strike. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/12/mechanicsfolo?refid=0 Fri, 12 Oct 2007 17:50:14 -0500 Tom Petters -- the Mr. Fixit of business Tom Petters likes fixing companies -- turning around apparently failed investments. He's done that with Fingerhut, Polaroid and a number of other enterprises. Now he has two more fixer-uppers in Minnesota -- Sun Country Airlines and an empty airlines maintenance base in Duluth. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/10/02/tom_petters?refid=0 Tue, 09 Oct 2007 17:00:55 -0500 What's a Vikings-Packers ticket worth? It's been about two months since the state of Minnesota repealed its ban on ticket scalping. This Sunday's sold-out Vikings-Packers game is perhaps the hottest ticket to be had since scalping went legit. And some folks are looking to score big by reselling tickets to the game. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/27/scalping_viking_tickets?refid=0 Fri, 28 Sep 2007 09:30:00 -0500 Northwest gets tentative approval for route to China Northwest has been trying for more than a year to win federal approval to offer service on the route. Now, it's poised to start flying between Shanghai and Detroit in 2009. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/25/nwachina?refid=0 Tue, 25 Sep 2007 16:18:21 -0500 How healthy is your health insurance? Workplace health insurance isn't the deal it once was, for many of us. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/14/health_insurance_value?refid=0 Mon, 24 Sep 2007 17:19:00 -0500 Despite subprime woes, Minnesota banks in good shape There's a lot of talk now about lenders getting hurt by bad mortgage loans and the slowdown in housing sales, not to mention the subprime crisis. But Minnesota's three largest banks --TCF, US Bank and Wells Fargo -- seem to be in pretty good shape. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/18/minnbanks?refid=0 Tue, 18 Sep 2007 16:02:03 -0500 Northwest's stake in Midwest would be 47 percent Northwest is joining with a private-equity firm, TPG, to buy Midwest. Northwest would pay about $213 million for its stake in the airline, and says it would have no role in managing Midwest. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/14/nwamidwest?refid=0 Fri, 14 Sep 2007 00:15:40 -0500 Macy's makeover of Marshall Field's continues It's been one year since Macy's made its Marshall Field's stores into Macy's stores. The retailer has had a tough time selling Minnesota shoppers on Macy's, especially shoppers who still long for the glory days of Dayton's. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/09/06/macys_makeover?refid=0 Thu, 06 Sep 2007 17:12:12 -0500 Northwest cuts flight cancellations way back It's the end of the month, but Northwest Airlines passengers haven't had to deal with a rash of flight cancellations. The airline seems to have solved the problem of month-end spikes in cancellations, at least for this month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/30/nwa_august?refid=0 Fri, 31 Aug 2007 00:00:07 -0500 Northwest's stake in Midwest Airlines raises competitive concerns Northwest Airlines' plan to buy Milwaukee-based Midwest Airlines could be put on hold. Another bidder for Midwest, AirTran Airways, submitted a new, higher offer on Tuesday. If Northwest and an investment firm win the airline, federal regulators are likely to take a close look at how the transaction affects competition. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/14/northwest_and_midwest?refid=0 Tue, 14 Aug 2007 16:40:56 -0500 Focus on gusset plates called 'overblown' The National Transportation Safety Board is downplaying the significance of gusset plates in the I-35W bridge collapse. The big steel plates hold the beams of the bridge structure together. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/09/gussetfolo?refid=0 Thu, 09 Aug 2007 22:06:32 -0500 NTSB sleuths responsible for finding out why the bridge collapsed The National Transportation Safety Board's investigation of the I-35W bridge collapse will be much like a thorough police search of a crime scene. The NTSB is the lead agency investigating the cause of the collapse. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/08/ntsbinvestigation?refid=0 Wed, 08 Aug 2007 16:44:06 -0500 Sadiya and Hanah Sahal Sadiya Sahal was a 16-year-old teenager when she came to Minnesota in 2000 as a refugee from Somalia. Like many others, she put hardships behind her and looked forward with a fierce determination. Her daughter, Hanah, was almost 2, and Sahal was five months pregnant. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/08/sahalobit?refid=0 Wed, 08 Aug 2007 10:27:00 -0500 Faithful pray for return of missing bridge victims Across the Twin Cities, in Spanish, Greek and English, the prayers rose up Sunday. Prayers of peace for grieving families. Prayers of strength for those still searching the Mississippi River. And prayers of gratitude from those who were spared. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/08/05/interfaith?refid=0 Sun, 05 Aug 2007 15:24:48 -0500 Little improvement evident in Northwest's cancellation woes The airline has been trying to make amends for cancelled flights by dishing out frequent-flier miles to at least some customers. Northwest had hoped to get back to normal on Monday, but cancellations still appear to be running above normal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/30/nwa?refid=0 Mon, 30 Jul 2007 16:56:47 -0500 Airlines could see a shortage of pilots Eagan-based Northwest Airlines recently announced it will again start hiring pilots after years of retrenchment. But Northwest and other carriers could be facing a shortage of pilots. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/26/pilot_profession?refid=0 Fri, 27 Jul 2007 17:40:17 -0500 Scalpers go legit come August Got a prime ticket to a hot concert, game, or other event? Well, starting Aug. 1 you can legally resell that ducat for more money than you paid for it. Minnesota is among the last states to legalize scalping. But the new law may change little. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/20/ticket_scalping?refid=0 Thu, 26 Jul 2007 03:00:00 -0500 NWA flight cancellations tick up again Flight cancellations have edged up again at Northwest Airlines. Towards the end of June, Northwest cancelled around 12 percent of its flights. Northwest saw another increase in cancellations this past weekend. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/24/nwacancellations?refid=0 Tue, 24 Jul 2007 17:45:34 -0500 Most Minnesota companies can't beat the Dow The Dow Jones Industrial Average hit a milestone Thursday, closing above the 14,000 mark for the first time. But most Minnesota-based firms have not fared nearly as well during the Dow's recent run. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/18/minnesota_versus_dow?refid=0 Thu, 19 Jul 2007 16:30:05 -0500 Hedge fund buys 10 percent stake in Target New York investor William Ackman has acquired a nearly 10 percent stake in Target, the Minneapolis-based retailer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/16/ackman_buys_target_stock?refid=0 Mon, 16 Jul 2007 14:00:47 -0500 Investor's interest drives up Target stock Minneapolis-based Target has apparently caught the eye of a New York investor known for leaning on companies to make quick moves to boost their stock prices. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/13/target_hedge?refid=0 Fri, 13 Jul 2007 15:09:03 -0500 PUC puts brakes on fixed-rate natural gas programs The Minnesota Public Utilities Commission has ordered two major utilities to temporarily suspend programs that resulted in about 50,000 households paying above-market prices for natural gas. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/07/03/gasrates?refid=0 Tue, 03 Jul 2007 15:30:54 -0500 Northwest to recall pilots and cut schedule Northwest Airlines says it expects to return to normal summertime operations soon. The airline has cancelled more than 1,000 flights in the past week. But Northwest says it plans to end the flurry of flight cancellations, in part, by rehiring pilots who have been laid off. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/29/nwaupdate?refid=0 Fri, 29 Jun 2007 16:54:39 -0500 Despite reported economic slowdown, good jobs exist in Minnesota Finding a job that pays well and offers job security isn't easy in an era of rightsizing, downsizing and outsourcing. Education, skills and experience matter more than ever before in landing a good job. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/04/minnesota_jobs?refid=0 Thu, 28 Jun 2007 19:07:25 -0500 Mystery surrounds NWA flight cancellations Northwest Airlines canceled about 12 percent of its flights on Tuesday. The airline blamed the cancellations on several factors, including air traffic control restrictions, severe weather and a higher than normal level of pilot absenteeism. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/26/cancelations?refid=0 Tue, 26 Jun 2007 17:30:09 -0500 Reducing the fare for a trip to the digital scrapheap Minnesotans can probably look forward to a day in the near future when disposing of electronic waste is free--every day. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/22/recycling?refid=0 Fri, 22 Jun 2007 17:47:14 -0500 Hutchinson Technology cutting 500 jobs to save money The job cuts, in Hutchinson and Plymouth, Minnesota, Eau Claire, Wisconsin, and Sioux Falls, South Dakota, are expected to be finished by the end of this month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/06/05/hutchinsoncuts?refid=0 Tue, 05 Jun 2007 11:00:00 -0500 The travelers' take on the new NWA Northwest Airlines emerges from bankruptcy Thursday. The airline has slashed labor and other costs, shed huge amounts of debt, and launched a fleet upgrade that will cost billions of dollars. Northwest says it'll be a better airline. Travelers hope so. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/17/nwa1?refid=0 Thu, 31 May 2007 05:00:00 -0500 NWA flight attendants narrowly ratify pay cuts Northwest Airlines flight attendants have narrowly approved a package of pay and benefit cuts. The flight attendants had rejected two previous proposals for give-backs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/29/afaratifies?refid=0 Tue, 29 May 2007 23:02:34 -0500 Attorney general calls for end to fixed-payment gas plans Minnesota's two biggest providers of natural gas are under fire for programs that allowed customers to lock in prices for natural gas. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/25/fixedrate?refid=0 Fri, 25 May 2007 07:11:51 -0500 End of floppy disk forces Imation job cuts Oakdale-based Imation plans to cut about one-third of its workforce by mid-2009. Most of the job cuts will come in the company's manufacturing operations. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/05/07/imation?refid=0 Mon, 07 May 2007 16:24:16 -0500 Growing number of employees subject to non-compete agreements Non-compete agreements typically apply to top corporate executives, research scientists and super sales representatives. But an increasingly broad range of workers are bound by non-compete agreements. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/04/24/noncompete?refid=0 Wed, 02 May 2007 17:17:00 -0500 Flight attendants -- will the third contract be the charm? Northwest Airlines and the union representing its flight attendants have reached yet another tentative contract deal. It's the third in the past year. The union's rank and file rejected the first two when they were put to a vote. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/04/26/flightattendants?refid=0 Thu, 26 Apr 2007 10:43:10 -0500 Chairman Gary Wilson to leave NWA board Northwest Airlines has announced a new board of directors. The changes include five new members and some notable departures. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/04/20/nwa_board?refid=0 Fri, 20 Apr 2007 18:11:17 -0500 Time to bundle up your telecom bills? Many of us spend a bundle of money on phone, Internet and cable TV services. But cable and phone companies are offering opportunities to trim that spending by $50 a month or more in many cases. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/04/10/telecom?refid=0 Fri, 20 Apr 2007 00:00:00 -0500 Minnesota drops in some economic rankings Twin Cities home sales are down about 15 percent from a year ago. The news comes on the heels of somewhat troubling reports about the state economy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/04/11/econ?refid=0 Wed, 11 Apr 2007 16:49:32 -0500 Dealers of 'power toys' battle suppliers We Minnesotans love our power toys. All told, we have 1.4 million snowmobiles, ATVs and boats. But lately, sales have been slipping. And that's helped spark a battle between snowmobile, boat and ATV dealers and big Minnesota companies that make power sports equipment. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/22/dealers?refid=0 Tue, 03 Apr 2007 05:00:00 -0500 Where are all the ad dollars going? Newspapers aren't making the money they once did. And eroding profits have caused many big-city dailies to cut their staffs. Competition from the Internet has newspapers especially concerned about classified ads--historically a key profit center. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/07/ads?refid=0 Fri, 16 Mar 2007 18:00:00 -0500 Cargill commits to lowering greenhouse gases Minnesota-based Cargill has joined the Chicago Climate Exchange. Cargill committed to a 6 percent reduction in its greenhouse gas emissions by 2010. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/02/cargillclimate?refid=0 Fri, 02 Mar 2007 14:46:52 -0600 Marine from Maple Lake dies in Iraq A U.S. Marine from Maple Lake, Minnesota was killed Wednesday during combat in Iraq. The Defense Department says Sgt. Chad Allen, 25, was killed in Al Anbar province. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/01/35thdeath?refid=0 Thu, 01 Mar 2007 23:14:06 -0600 Whither 3M? George Buckley took the CEO job at Maplewood-based 3M a little more than a year ago. At the time there was speculation Buckley would put more of a priority on the science and engineering that has been at the company's core. The jury is still out on whether Buckley will provide the business leadership 3M needs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/07/mmm?refid=0 Wed, 28 Feb 2007 16:30:00 -0600 Medtronic begins TV ad campaign for heart devices For years, drug companies have bought ads in the mainstream media pushing pills that treat everything from depression to impotence. Now, Fridley-based Medtronic is breaking new ground with a TV ad about a stopwatch-sized medical device that can restart a failing heart. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/02/08/medtronicads?refid=0 Thu, 22 Feb 2007 05:00:00 -0600 Northwest Airlines projects it'll be worth $7B post-bankruptcy Northwest Airlines today revealed its plan for exiting bankruptcy and charting its future in the often chaotic airline industry. The bankruptcy filing lays out Northwest's plan for how it'll do business in the future, and how much money it will make. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/02/15/nwaplan?refid=0 Thu, 15 Feb 2007 15:47:51 -0600 Travelers drops the "St. Paul." Will it drop the other shoe? The St. Paul Travelers Companies expects to drop "St. Paul" from its name. The name change is a move that many saw coming, and is rekindling speculation that the firm might move its headquarters from St. Paul to Connecticut. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/02/13/stpaultravelers?refid=0 Tue, 13 Feb 2007 17:00:00 -0600 Merger pressures likely to continue despite US Airways dropping bid for Delta US Airways is calling off its bid for Delta Air Lines. But industry analysts expect the pressure to merge that's facing Eagan-based Northwest Airlines and other carriers will continue. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/31/morenwa?refid=0 Wed, 31 Jan 2007 18:59:08 -0600 No merger for NWA this year, official says Northwest Airlines CEO Doug Steenland says the airline has no plans for a merger this year, and intends to keep its headquarters in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/30/nwatwo?refid=0 Tue, 30 Jan 2007 18:27:20 -0600 Northwest looks to the airport for financial help Since Northwest Airlines entered bankruptcy, the company has squeezed more than $1 billion in concessions out of its suppliers, workers and lenders. Now it's the Twin Cities airport's turn. The stakes involve almost $250 million, and the airline's Twin Cities hub and headquarters. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/17/nwahub?refid=0 Mon, 29 Jan 2007 14:00:00 -0600 Plastic? Teens think it's fantastic It's easy for adults to pay with plastic. Well, guess what? Teens are following in their parents' footsteps. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/12/teenplastic?refid=0 Wed, 10 Jan 2007 00:00:00 -0600 Boston Scientific cutting up to 600 jobs, most in Arden Hills Boston Scientific will cut 500 to 600 jobs, mostly in research and development. The medical device maker says most of the cuts will come in Arden Hills. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/01/08/bsx?refid=0 Mon, 08 Jan 2007 22:58:40 -0600 Star Tribune price reflects tough ad market The surprise announcement that the Star Tribune is being sold came with a bit of reverse sticker shock. In 1998, the McClatchy Company paid about $1.2 billion for the Star Tribune. Now, it's selling Minnesota's biggest newspaper for $530 million. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/27/strib_price?refid=0 Wed, 27 Dec 2006 16:13:12 -0600 McClatchy selling Star Tribune For the second time this year, a Twin Cities daily newspaper is changing hands. This time, the McClatchy Corporation is selling the Star Tribune to a private equity firm called Avista Capital Partners. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/26/strib?refid=0 Tue, 26 Dec 2006 16:27:56 -0600 Northwest in talks to acquire regional carrier Mesaba Eagan-based Mesaba Airlines has flown passengers for Northwest Airlines for decades. Now Northwest is considering buying Mesaba. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/21/mesabanwa?refid=0 Thu, 21 Dec 2006 09:29:50 -0600 UnitedHealth: Problem options could cut $660M from past earnings UnitedHealth Group Inc. said it might have to lop as much as $660 million off its historical earnings to fix the accounting for its stock option problems. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/19/unitedstockoptions?refid=0 Tue, 19 Dec 2006 10:43:19 -0600 NWA pushing hard to win China route Eagan-based Northwest Airlines is one of four U.S. carriers seeking the right to fly a new route to China. For the winner, the route holds the promise of full planes, high fares, and fat profits. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/13/nwachina?refid=0 Mon, 18 Dec 2006 00:00:00 -0600 Is a merger in Northwest Airlines' future? Shares in bankrupt Northwest Airlines are up nearly 50 percent today on speculation that the carrier might merge with another airline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/08/nwamerger1?refid=0 Fri, 08 Dec 2006 17:00:58 -0600 With McGuire gone, UnitedHealth regroups A scandal over stock options has forced a management shake-up at the company. But legal experts doubt most of the cases will involve criminal prosecution. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/11/30/unitedone?refid=0 Fri, 08 Dec 2006 01:00:00 -0600 Andersen layoffs signal tough times for housing industry The layoffs of more than 400 Andersen Windows workers are symptomatic of tough times for everyone dependent on the housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/12/06/andersencuts?refid=0 Wed, 06 Dec 2006 16:31:22 -0600 Small businesses embrace the Web Today --the day after Thanksgiving-- marks the traditional beginning of the holiday retail rush. If your shopping takes you to the Web, you may be surprised to find how many small businesses in your neighborhood are online. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/09/21/smallbizweb?refid=0 Fri, 24 Nov 2006 00:00:00 -0600 Will the US Airways-Delta merger push NWA into the arms of another airline? US Airways' bid to buy bankrupt Delta Air Lines is fueling speculation about possible suitors for Eagan-based Northwest Airlines. But analysts disagree about what's the most likely outcome. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/11/15/nwa?refid=0 Wed, 15 Nov 2006 17:47:56 -0600 Targeting furniture sales Would you consider plunking down $2,000 for a sofa if you couldn't first test how comfortable it is? Minneapolis-based Target is making a big bet the answer for some people is, "yes." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/19/furniture?refid=0 Mon, 13 Nov 2006 05:00:00 -0600 Northwest Airlines mechanics vote to end strike Northwest Airlines mechanics and cleaners have officially ended their nearly 15-month old strike against the Eagan-based carrier. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/11/06/nwamechanics?refid=0 Mon, 06 Nov 2006 18:00:00 -0600 Mesaba flight attendants reach deal Mesaba Airlines and its flight attendants have a tentative agreement that would help the bankrupt carrier cut its labor costs. The two sides announced the proposed deal early Sunday afternoon. On Saturday, Mesaba and its pilots also reached a tentative deal. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/29/mesaba_fadeal?refid=0 Sun, 29 Oct 2006 18:02:35 -0600 Mesaba pilots reach tentative deal Mesaba Airlines and the union for its pilots have reached a tentative contract agreement that would help cut the bankrupt airline's labor costs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/28/mesaba_pilots_deal?refid=0 Sat, 28 Oct 2006 18:14:27 -0500 Mesaba workers protest as talks continue Mesaba Airlines and its unions continue trying to negotiate contracts that will cut the bankrupt airline's labor costs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/26/mesabacont?refid=0 Thu, 26 Oct 2006 18:16:47 -0500 Mesaba prepares to cut union wages, benefits Thursday Bankrupt Mesaba Airlines says it hopes to negotiate cost-cutting contracts with its pilots, flight attendants and mechanics by midnight tomorrow night. But the unions aren't optimistic about hammering out deals by then. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/24/mesabafolo?refid=0 Tue, 24 Oct 2006 17:34:22 -0500 Corrective steps require commitment In announcing CEO Bill McGuire's departure, UnitedHealth Group also announced several measures designed to provide greater oversight of executive compensation and behavior. Experts say the key is whether the company abides by the new measures. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/16/mcguirefolo1?refid=0 Mon, 16 Oct 2006 18:00:02 -0500 Northwest, mechanics negotiators reach tentative contract agreement Approval by union members would end a walkout that began in August 2005 but long ago ceased to have any visible impact on the airline. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/09/nwa?refid=0 Mon, 09 Oct 2006 17:39:29 -0500 No "next year" for Twins' broadcast partner Broadcasting giant WCCO won't be airing the Twins' games next year. And that leaves a big hole in the station's line-up. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/10/04/cco?refid=0 Fri, 06 Oct 2006 15:30:00 -0500 Legal? Don't bet on it You may have noticed a number of new billboards in the Twin Cities promoting BetUS.net. The Web site says it just teaches sports fans how to bet. But is there more to it? You bet. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/09/27/betting?refid=0 Mon, 02 Oct 2006 11:00:00 -0500 GOP convention: What's the payoff? Some folks involved in the campaign to land the convention have been throwing around estimates of an economic kick worth $150 million. But that forecast seems to be based more on rumor than research. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/09/28/confab2?refid=0 Thu, 28 Sep 2006 16:30:37 -0500 Judge reaffirms ruling against NWA flight attendants strike The order will be in effect until the judge overseeing Northwest's bankruptcy takes a second crack at whether the flight attendants can strike. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/09/15/nwaruling?refid=0 Fri, 15 Sep 2006 17:46:44 -0500 Big screen TVs are getting to be big business Have you thought about buying a big-screen TV? Their picture quality is almost always sharper than standard televisions. And some boast screens that top 100 inches. But many of the sets cost $1,000 or more. Still, big retailers, including Twin Cities-based Best Buy, are betting more and more of us are going to buy these TVs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2006/07/27/hideftv?refid=0 Fri, 28 Jul 2006 05:00:00 -0500