Minnesota Public Radio features by Bill Catlin http://minnesota.publicradio.org/about/people/mpr_people_display.php?aut_id=9 en-us Copyright 2018 Minnesota Public Radio Sat, 23 Jun 2018 01:29:02 -0500 Minnesota Public Radio features by Bill Catlin http://minnesota.publicradio.org/standard/images/mpr003/logo_mpr.gif http://minnesota.publicradio.org/?refid=0 Albert Lea hospital workers ratify new contract with Mayo Union workers at the Mayo Clinic Health System hospital in Albert Lea have ratified a new contract after staging a strike last December. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/05/22/albert-lea-hospital-workers-ratify-new-contract-with-mayo?refid=0 Tue, 22 May 2018 10:56:53 -0500 State employers cut 3,200 jobs, job market still tight Minnesota employers cut 3,200 payroll jobs in April, but the labor market remains tight with unemployment steady at 3.2 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/05/17/minnesota-state-employers-cut-3200-jobs?refid=0 Thu, 17 May 2018 11:13:35 -0500 Twin Cities sets new tourism record Visitors to the Twin Cities metropolitan area topped 33 million last year, up 2.5 percent over the previous annual record. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/05/07/new-twin-cities-tourism-record?refid=0 Mon, 07 May 2018 18:24:41 -0500 Sun Country: A lesson in reading the fine print Can Sun Country Airlines legally leave passengers stranded? According to the low-cost carrier's fine print: Yes. Yes, they can. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/04/16/sun-country-a-lesson-in-reading-the-fine-print-?refid=0 Mon, 16 Apr 2018 15:00:00 -0500 MPR board member donated to right-wing group that placed anti-Islam ads Minnesota Public Radio board member and former Best Buy CEO Brad Anderson contributed $25,000 in 2016 to a right-wing anti-Muslim group. Anderson said his discussions with the group's president were primarily about Israel's security. A report by a campaign finance watchdog group first reported the contribution, and one in the same amount by an organization linked to Best Buy Founder Dick Schulze. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/04/05/mpr-board-member-gave-to-right-wing-anti-muslim-group?refid=0 Thu, 05 Apr 2018 17:32:30 -0500 Minn. gains 2,500 jobs in January; 2017 gains cut Minnesota's economy gained 2,500 jobs at the start of the year, but annual revisions slashed the state's 2017 job growth by 31 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/03/08/minn-gains-2500-jobs-in-jan?refid=0 Thu, 08 Mar 2018 10:38:36 -0600 U.S. Bank fined $613M for charges relating to money laundering protections The U.S. Department of Justice has filed felony criminal charges against Minneapolis-based U.S. Bank for willfully lacking an adequate anti-money laundering program. The charges relate to a U.S. Bank customer convicted for an illegal money laundering business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/02/15/us-bank-fined-613m-for-charges-relating-to-money-laundering-protections?refid=0 Thu, 15 Feb 2018 09:15:12 -0600 Minnesota unemployment at 17-year low Minnesota employers continued adding to their payrolls in December, with 8,900 new jobs, and the unemployment rate fell to its lowest level since July of 2000. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/01/18/minnesota-unemployment-at-17year-low?refid=0 Thu, 18 Jan 2018 10:15:58 -0600 Report finds progress, but big health disparities remain in Minn. An annual report finds large racial and ethnic disparities remain in the quality of health care Minnesotans receive. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/01/11/report-progress-but-big-health-disparities-remain-in-minnesota?refid=0 Thu, 11 Jan 2018 04:00:00 -0600 Influential tech analyst predicts Amazon will buy Target Gene Munster, a respected former stock analyst based in the Twin Cities, says Target's stores and business model would be a good acquisition this year for Amazon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2018/01/02/tech-analyst-gene-munster-predicts-amazon-buy-target?refid=0 Tue, 02 Jan 2018 10:00:46 -0600 U study: Medicaid expansion improved finances of lower income Americans University of Minnesota research shows medical debt declined and financial satisfaction grew more in states that expanded Medicaid. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2017/07/25/u-study-medicaid-expansion-improved-finances-of-lower-income-americans?refid=0 Tue, 25 Jul 2017 16:28:34 -0500 Buffalo Wild Wings says it's under attack by hedge fund Buffalo Wild Wing's management Monday returned fire at a hedge fund that sought to oust long time CEO Sally Smith. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2017/04/24/buffalo-wild-wings-says-its-under-attack-by-hedge-fund?refid=0 Mon, 24 Apr 2017 15:08:31 -0500 Activist investor seeks ouster of Buffalo Wild Wings CEO Marcato Capital Management has been pushing the Golden Valley-based restaurant chain to improve its financial and operational performance. Buffalo Wild Wings says it won't dump CEO Sally Smith. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2017/04/20/activist-investor-seeks-ouster-of-buffalo-wild-wings-ceo?refid=0 Thu, 20 Apr 2017 15:06:08 -0500 After CBO report, here's where the MN delegation stands on health bill Gov. Mark Dayton said Tuesday the Republican bill could cost the state billions in federal funds in the first year and a half. But Minnesota Republicans say the bill fixes problems with the nation's healthcare law. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2017/03/14/cbo-report-gop-health-care-bill-minnesota-congress-responds?refid=0 Tue, 14 Mar 2017 15:29:08 -0500 71 students excluded from Rochester public schools for lack of vaccinations Parents of Rochester public school students have whittled the number of kids excluded from class for lack of immunizations down to 71, from a potential pool of more than 200 last week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2017/03/01/rochester-students-no-class-vaccinations?refid=0 Wed, 01 Mar 2017 16:07:55 -0600 What is 'public option' health insurance? Gov. Mark Dayton is proposing a public option to address skyrocketing premiums for people who buy their own health insurance. It's an idea the left has pushed, and the right hates. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2017/01/24/what-is-public-option-health-insurance?refid=0 Tue, 24 Jan 2017 17:30:00 -0600 Neel Kashkari explains his ideas for too-big-to-fail banks Neel Kashkari, the head of the Federal Reserve Bank of Minneapolis, last week released an ambitious plan designed to head off another financial crisis triggered by the collapse of big banking entities. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2016/11/22/kashkari-too-big-to-fail?refid=0 Tue, 22 Nov 2016 00:00:00 -0600 Dayton names 2 to MNsure board Retiring DFL state Sen. Kathy Sheran and administration policy advisor Lauren Gilchrist will sit in two "expert" slots on the state's health insurance exchange. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2016/09/06/dayton-names-2-to-mnsure-board?refid=0 Tue, 06 Sep 2016 12:44:08 -0500 MN insurers seek big hikes in single, family health plan premiums Four Minnesota health insurers are proposing hefty average premium hikes next year for plans sold to individuals and families buying coverage outside of work, with some proposed increases topping 50 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2016/09/01/mn-insurers-seek-jump-single-family-health-premiums?refid=0 Thu, 01 Sep 2016 17:00:00 -0500 Missing pen triggers canned beans recall Minnesota-based Faribault Foods is recalling cans of black beans after a customer reported finding a broken ink pen in one. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2016/07/19/minnesota-canned-black-bean-recall?refid=0 Tue, 19 Jul 2016 15:09:09 -0500 Minnesota's jobless rate holds steady at 3.7 percent State employers cut 5,000 jobs in January, including 3,800 in the government sector. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2016/03/10/minnesota-jobless-rate-holds-steady?refid=0 Thu, 10 Mar 2016 10:03:27 -0600 Minnesota jobless rate at 3.5 percent, lowest in nearly 15 years The state's unemployment rate dropped two tenths of a percent last month as employers added 7,200 payroll jobs, officials said Thursday. The data show a trio of positive indicators. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/12/17/minnesota-unemployment-rate-drops-november-labor-market?refid=0 Thu, 17 Dec 2015 10:15:45 -0600 State takes action against Minneapolis 'copyright troll' The state's legal ethics agency is taking action against an attorney who is a central figure in hundreds of lawsuits accusing people of infringing on copyright by downloading porn. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/11/16/copyright-troll-action?refid=0 Mon, 16 Nov 2015 17:05:46 -0600 Fears over global slowdown hammer U.S. stocks for 2nd day Stocks are plunging in afternoon trading on Wall Street, following a sell-off in major indexes around the world. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/08/21/stock-market-continues-to-drop-for-second-day?refid=0 Fri, 21 Aug 2015 14:04:19 -0500 Minnesota's jobless rate inches slightly upward in June Employers added 2,900 positions to their payrolls in June: The private sector added 3,500 jobs, while government employers cut 600. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/07/16/jobless-rate?refid=0 Thu, 16 Jul 2015 11:53:28 -0500 Target data breach settlement unravels as banks balk The plan called for Target to pay up to $19 million to MasterCard issuers in exchange for banks agreeing to drop data breach claims against the retailer. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/05/22/target-settlement-unravels?refid=0 Fri, 22 May 2015 12:17:49 -0500 State adds 7,400 jobs, unemployment rate drops to 3.7 percent The Minnesota Department of Employment and Economic Development reported the state has gained 25,500 jobs in the past three months and 46,114 jobs over the past year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/05/21/mn-unemployment-rate-drops?refid=0 Thu, 21 May 2015 09:57:24 -0500 Minnesota company at center of alleged $400 million fraud A federal grand jury in Ohio has indicted a Minnesota company and three California men alleging they ran what prosecutors call a "massive prescription drug diversion scheme." http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/05/11/mic-alleged-fraud?refid=0 Mon, 11 May 2015 16:03:58 -0500 Medtronic, Covidien shareholders back merger Twin Cities-based Medtronic says the deal will let it boost investments in the U.S. The company promises to add 1,000 jobs to the 8,000 already in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2015/01/06/medtronic-covidien-merger?refid=0 Tue, 06 Jan 2015 10:13:56 -0600 Archdiocese of Twin Cities plans budget cuts, layoffs The archdiocese says centralization of services in recent years led to unsustainable growth in spending, and that its budget is unsustainable regardless of unexpected legal and outside professional fees. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/11/09/twin-cities-archdiocese-plans-budget-cuts-layoffs?refid=0 Sun, 09 Nov 2014 11:07:58 -0600 The methodology behind PoliGraph's MNsure analysis PoliGraph looked at how much more it would cost people to buy an entry-level plan on MNsure with the help of a subsidy. Here's the methodology behind the analysis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/30/analysis-methodology?refid=0 Thu, 30 Oct 2014 17:07:16 -0500 PoliGraph: MNsure rate hike rhetoric flies; claims inconclusive MPR News ran more than 50 scenarios to test the Dayton administration's 4.5 percent claim about MNsure rate increases. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/30/mnsure-poligraph?refid=0 Thu, 30 Oct 2014 17:02:37 -0500 Minnesota jobless rate dips to 4.1 percent, lowest in eight years Professional and business services led all sectors in September job growth, state officials said. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/10/16/state-jobless-rate-dips?refid=0 Thu, 16 Oct 2014 10:47:07 -0500 Despite job cuts, Minn. unemployment rate holds at 4.5 percent in July The number of people reporting they were paid for work last month fell, but so did the number of people in the workforce, which kept the jobless rate constant. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/08/14/unemployment-rates?refid=0 Thu, 14 Aug 2014 11:50:09 -0500 Minnesota jobless rate improves to 4.5 percent in June Private sector employment grew by 4,600 jobs, while government added 3,900. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/07/17/minnesota-jobless-rate-improves-to-45-percent-in-june?refid=0 Thu, 17 Jul 2014 10:22:24 -0500 Supreme Court birth control ruling: The Minnesota plaintiffs Eight Minnesota companies were among plaintiffs affected by Monday's Supreme Court ruling that some companies with religious objections can avoid the contraceptives requirement in President Barack Obama's health care overhaul. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/07/01/hobby-lobby-minnesota-plaintiffs?refid=0 Tue, 01 Jul 2014 14:53:09 -0500 Survey: Minnesota firms optimistic about economy A survey of Minnesota firms offering professional business services firms finds optimism about the economy, and expectations that revenue and profits will grow. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/06/23/survey-minnesota-firms-optimistic-about-economy?refid=0 Mon, 23 Jun 2014 11:39:06 -0500 Chart: Minn. jobless rate at lowest level in 7 years Minnesota's economy added 10,300 jobs in May, and the state's jobless rate fell one tenth of a percent to 4.6 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/06/19/minnesota-jobless-rate-at-lowest-level-in-7-years-?refid=0 Thu, 19 Jun 2014 10:12:58 -0500 Minn. unemployment drops to 4.7% in April The unemployment rate fell as a survey of households indicated more people were paid to work in the month of April. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/05/15/april-minnesota-unemployment?refid=0 Thu, 15 May 2014 11:44:03 -0500 Shooting suspect's wife also facing murder charges Paula Anne Zumberge faces one count each of second degree murder and second degree attempted murder. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/05/08/shooting-suspect-wife-charges?refid=0 Thu, 08 May 2014 17:33:42 -0500 Andersen Windows unveils expansion with state aid Andersen Corp. plans an $18 million expansion that will create 100 full-time jobs at the window and door maker's manufacturing plant in Bayport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/30/andersen-windows-expansion?refid=0 Wed, 30 Apr 2014 10:30:39 -0500 Minnesota's jobless rate holds steady in March Job gains in the professional and business services sector led all others last month with 3,500 new jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/17/minnesotas-jobless-rate-holds-steady-in-march?refid=0 Thu, 17 Apr 2014 10:04:32 -0500 Health exchange enrollment passes 181K Wednesday's announcement came shortly before a meeting of the exchange's board of directors at which the GOP was expected to raise questions about a published report on problems in the months preceding the exchange launch. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/04/09/health-exchange-enrollment-passes-181k?refid=0 Wed, 09 Apr 2014 10:36:38 -0500 Minn. unemployment rate inches up to 4.8% amid signs of stronger job market The jobless rate rose primarily because of an influx of people starting to look for work. They outnumbered an increase in people reporting they were employed in February. But both components of the unemployment rate signal a stronger job market last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/27/minn-unemployment-rate-inches-up?refid=0 Thu, 27 Mar 2014 10:31:37 -0500 Gophers compete for third consecutive NCAA win The University of Minnesota Women's Hockey Team (38-1-1) takes on Clarkson University (30 - 5 - 5) for the NCAA championship this afternoon in Hamden, Connecticut. Winning the Frozen Four would be historic for either team. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/23/gophers-compete-for-third-consecutive-ncaa-championship-win-?refid=0 Sun, 23 Mar 2014 10:20:05 -0500 Minnesota jobless rate steady at 4.7 percent The Minnesota Department of Employment and Economic Development says the state gained an additional 600 jobs in January. Minnesota's jobless rate that month was unchanged at 4.7 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/03/13/economy/minnesota-jobless-rate-steady-at-47-percent?refid=0 Thu, 13 Mar 2014 10:15:59 -0500 MNsure says its work is 'paying off' for consumers MNsure says it has reduced call center wait times and the number of pending applications for health insurance. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/02/25/health/mnsure-call-center-times-pending-applications?refid=0 Tue, 25 Feb 2014 11:41:56 -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 Minn. unemployment rate holds fast at 4.6% Minnesota's jobless rate is more than two percentage points below the national rate of 6.7 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/23/business/minnesota-unemployment?refid=0 Thu, 23 Jan 2014 09:55:38 -0600 Even after January coverage deadline, MNsure struggles MNsure's problems continue and the site was down for several hours Thursday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2014/01/02/mnsure-struggles-after-january-coverage-deadline?refid=0 Thu, 02 Jan 2014 20:47:40 -0600 Minneapolis Fed board of directors state support for Kocherlakota In the wake of controversy over some staffing moves the board of directors of the Federal Reserve Bank of Minneapolis has publicly stated the members' support for Fed President Narayana Kocherlakota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/11/22/business/minneapolis-fed-kocherlakota?refid=0 Fri, 22 Nov 2013 17:47:29 -0600 Minnesota jobless rate lowest since 2008 Minnesota's jobless rate fell to 4.8 percent in October. That is the first time the state's unemployment rate has been under 5 percent since February of 2008. http://blogs.mprnews.org/minnecon/2013/11/minnesota-jobless-rate-lowest-since-2008/?refid=0 Thu, 21 Nov 2013 09:38:41 -0600 MNsure back online after maintenance The site went live last Tuesday afternoon and had logged about 5,000 new user accounts by Friday evening, but it had a rocky start. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/10/07/health/mnsure-back-online-after-maintenance?refid=0 Mon, 07 Oct 2013 06:38:54 -0500 Minnesota regains all jobs lost in recession "August's employment numbers mark a major milestone in the recovery of Minnesota's economy," said DEED Commissioner Katie Clark Sieben. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/19/minnesota-regains-all-jobs-lost-in-recession?refid=0 Thu, 19 Sep 2013 10:04:23 -0500 Explainer: MNsure "metal" levels The federal health care law divides health plans to be sold on health insurance exchanges such as MNsure into four categories, which named after metals: bronze, silver, gold, and platinum. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/09/06/explainer-health-plan-metal-levels?refid=0 Fri, 06 Sep 2013 16:15:13 -0500 Minn. jobless rate holds steady at 5.2% Minnesota's employers added a net 4,300 jobs in July, and the unemployment rate held steady at 5.2 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/08/15/economy/minnesota-unemployment-july?refid=0 Thu, 15 Aug 2013 06:37:20 -0500 Minn. jobless rates ticks down to 5.2%; temp jobs hit record high in June Minnesota employers added 400 jobs in June. The state unemployment rate fell 0.1 percent from the previous month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/07/18/economy/minnesota-unemployment?refid=0 Thu, 18 Jul 2013 09:56:37 -0500 Minn. unemployment holds steady: 5.3 pct. Minnesota's employers added 8,400 jobs in May, and the state's jobless rate held steady at 5.3 percent. And the tally for April improved a bit. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/06/20/business/minn-unemployment-holds-steady-53-pct?refid=0 Thu, 20 Jun 2013 09:59:32 -0500 Minnesota jobless rate falls; weekly US jobless aid claims rise Minnesota's jobless rate fell to 5.3 percent last month even as employers trimmed payrolls by 11,400 jobs last month. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/16/business/unemployment?refid=0 Thu, 16 May 2013 10:23:31 -0500 Health treatment pricing info now online Actual pricing data for the cost for health treatment charged by hospitals is now available online. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/05/08/health/data-hospital-treatment-pricing-info?refid=0 Wed, 08 May 2013 16:56:27 -0500 Minn. per capita income growth outpaces US Minnesota's per capita personal income, a broad measure of prosperity, rose 3.7 percent (not adjusted for inflation) from 2011 to 2012, according to data from the U.S. Bureau of Economic Analysis. That's a faster pace than the U.S. total, which rose 2.7 percent. http://minnesota.publicradio.org/collections/special/columns/minnecon/archive/2013/04/mn-per-capita-income-growth-outpaces-us.shtml?refid=0 Mon, 01 Apr 2013 16:06:04 -0500 Manufacturing sector showing strength A gauge of Minnesota's manufacturing sector is showing strength.The state's Business Conditions Index rose slightly in March. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/04/01/economy/manufacturing-sector-showing-strength?refid=0 Mon, 01 Apr 2013 12:29:15 -0500 Minn. gains 14,500 jobs in Feb. Minnesota's economy added 14,500 jobs last month, and January's tally was revised upward by another 1,400 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/03/21/business/february-minnesota-jobs-report?refid=0 Thu, 21 Mar 2013 10:12:56 -0500 Sales tax changes: what would be covered Gov. Mark Dayton is proposing Minnesotans pay a lower overall sales tax rate but that it should be applied to more goods and services, including clothes over $100. Here's a closer look at what purchases would be subject to the sales tax under the governor's plan. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/22/politics/sales-tax-expansion-details?refid=0 Tue, 22 Jan 2013 15:34:17 -0600 Minn. jobless rate drops to 5.5 pct. In the crucial holiday shopping season retailers added 3,900 jobs but the construction industry eliminated 3,500 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/17/business/minnesota-unemployment?refid=0 Thu, 17 Jan 2013 14:30:57 -0600 Best Buy holiday sales down Best Buy this morning reported a decline in same-store sales over the crucial holiday shopping season and said the company would generate less cash than officials had forecast in November. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2013/01/11/business/best-buy?refid=0 Fri, 11 Jan 2013 08:00:04 -0600 Minnesota unemployment drops to 5.7% The Department of Employment and Economic Development also revised October's decline in employment from 8,100 jobs lost to a smaller 4,800 jobs lost. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/12/20/business/minnesota-unemployment?refid=0 Thu, 20 Dec 2012 10:09:10 -0600 State's October unemployment unchanged Minnesota's jobless rate held steady last month at 5.8 percent, according to figures released today by the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/15/business/minnesota-unemployment?refid=0 Thu, 15 Nov 2012 10:17:50 -0600 MoneyGram admits wire fraud, pays $100M MoneyGram International, the money transfer operation once based in the Twin Cities, has agreed to surrender $100 million and admit to criminally assisting wire fraud. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/10/regional/moneygram-fraud?refid=0 Sat, 10 Nov 2012 11:44:06 -0600 Gottwalt: campaign against marriage amendment effective, but erroneous The Minnesota House sponsor of the failed marriage amendment proposal said the campaign against the measure was "wrong-minded" and erroneously implied supporters were motivated by bigotry. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/11/09/politics/gottwalt-campaign-against-marriage-amendment-wrong-minded--erroneous?refid=0 Fri, 09 Nov 2012 17:33:08 -0600 Minn. jobless rate ticks down to 5.8% Minnesota employers added 5,900 jobs in September, and the unemployment rate fell one tenth of a percentage point to 5.8 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/10/18/business/minnesota-unemployment?refid=0 Thu, 18 Oct 2012 10:06:22 -0500 Accelerating strength in Twin Cities home construction The home construction industry is seeing persuasive indications of a rebound in Minneapolis/St. Paul, according to numbers compiled for the Builders Association of the Twin Cities. /collections/special/columns/minnecon/archive/2012/07/accelerating-strength-in-home-construction.shtml?refid=0 Thu, 26 Jul 2012 00:00:00 -0500 Home prices up in Twin Cities Home prices rose in nearly all major U.S. cities in April from March, including in Minneapolis, further evidence that the housing market is slowly improving even while the job market slumps. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/06/26/business/home-prices-up-across-us?refid=0 Tue, 26 Jun 2012 11:14:51 -0500 St. Jude Medical settles whistleblower case St. Jude officials say they're pleased to resolve the matter but maintain the company's practices were proper and say the company admits no wrongdoing. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/31/st-jude-settles-whistleblower-case?refid=0 Thu, 31 May 2012 12:02:12 -0500 Highway 1 fire near Ely contained Fire officials have declared the Highway 1 fire near Ely to be 100 percent contained. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/21/disaster/highway-one-fire-near-ely-100-percent-contained?refid=0 Mon, 21 May 2012 15:47:45 -0500 Minn. unemployment falls to 5.6 pct. Minnesota's unemployment rate fell two-tenths of a percent last month to 5.6 percent, according to figures released today by the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/05/17/unemployment-aid-applications?refid=0 Thu, 17 May 2012 14:05:39 -0500 Minn. jobless rate up slightly to 5.8 pct. The state unemployment rate ticked up 0.1 percent in March to 5.8 percent, according to the Minnesota Department of Employment and Economic Development. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/04/19/minnesota-unemployment-figures?refid=0 Thu, 19 Apr 2012 12:18:05 -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 Minnesota economy, employment picture brightens with January numbers Three positive signs announced Thursday point to a strengthening economy in Minnesota and nationally. /collections/special/columns/minnecon/archive/2012/03/post-3.shtml?refid=0 Thu, 01 Mar 2012 10:09:51 -0600 Sarah Lutman to leave SPCO Sarah Lutman is leaving her position as president and managing director of the St. Paul Chamber Orchestra to start an independent consulting practice. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2012/02/11/sarah-lutman-leaves-spco?refid=0 Sat, 11 Feb 2012 09:21:08 -0600 Minn. unemployment rate falls, even as 14K jobs cut Officials say sampling errors, more people giving up on finding work and a rise in self-employment could help explain the conflicting results. /collections/special/columns/minnecon/archive/2011/12/say-what.shtml?refid=0 Thu, 15 Dec 2011 11:35:20 -0600 Minnesota jobless rate falls to 5.9 percent Minnesota's jobless rate fell by half a percentage point to 5.9 percent in November even as employers cut nearly 14,000 jobs in the state. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/12/15/minnesota-jobless-claims-fall?refid=0 Thu, 15 Dec 2011 09:59:08 -0600 Brother Ali to headline Day of Dignity event Native Twin Cities hip-hop artist Brother Ali headlines the Twin Cities Day of Dignity event at the north Minneapolis mosque where he's a member. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/30/brother-ali-day-of-dignity-event?refid=0 Fri, 30 Sep 2011 20:00:38 -0500 Slutwalk organizer says message important, not the name Women should wear what they want without fear of sexual assault, is what organizers want to say about the Slutwalk protest march Saturday in Minneapolis. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/30/slutwalk-minneapolis?refid=0 Fri, 30 Sep 2011 19:30:44 -0500 FDA orders class 1 recall on Medtronic drug pump The Food and Drug Administration has labeled a problem with a Medtronic drug pump a class 1 recall, the most serious type of recall. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/12/fda-orders-class-1-recall-on-medtronic-drug-pump?refid=0 Mon, 12 Sep 2011 11:47:35 -0500 Economy doesn't need additional stimulus, banking head says The U.S. economy doesn't need additional stimulus, despite zero job growth in August, said a banking official. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/09/06/economy-doesnt-need-additional-stimulus-banking-head-says?refid=0 Tue, 06 Sep 2011 18:23:46 -0500 Banks examine their costs, look for efficiency Banks will be scrutinizing their costs, said the new chief of Wells Fargo Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/31/banks-examine-costs-look-for-efficiency?refid=0 Wed, 31 Aug 2011 19:11:15 -0500 Ohio man slain in Minneapolis identified An Ohio man shot to death in Minneapolis over the weekend has been identified. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/30/ohio-man-slain-in-minneapolis-identified?refid=0 Tue, 30 Aug 2011 17:51:20 -0500 Rep. Cravaack to hold town hall meeting in Duluth Amid mounting pressure, 8th District GOP Rep. Chip Cravaack has announced he will hold an open town hall meeting at 4 p.m. Wednesday at the Duluth airport. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/23/cravaack-duluth-town-hall?refid=0 Tue, 23 Aug 2011 13:24:07 -0500 Target earnings up, but not as strong as hoped for Groceries, store remodeling, and credit cards helped Target boost its net income to $704 million, up nearly 4 percent for the company's second quarter. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/08/17/target-earnings-up-but-not-as-strong-as-hope-for?refid=0 Wed, 17 Aug 2011 15:55:08 -0500 Sun Country Airlines sold to private Minn. company Sun Country Airlines has been sold, once again, to Minnesota investors. The company says there are no plans to change the Mendota Heights-based airline's operations, management team or frequent flyer program. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/07/20/sun-country-sale?refid=0 Wed, 20 Jul 2011 15:00:25 -0500 Sale of Cirrus to Chinese firm complete A Chinese aviation company has closed on its acquisition of Duluth-based plane maker Cirrus Aircraft. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/28/cirrus-sale-completed?refid=0 Tue, 28 Jun 2011 16:54:39 -0500 Map: State government wages in each county in Minnesota This map depicts non-education state government wages as a portion of total wages paid in each county in 2010. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/24/shutdown-map-state-employment-wages?refid=0 Fri, 24 Jun 2011 15:47:25 -0500 Map: State employment rates in each county in Minnesota This map depicts non-education state government employment as a portion of total employment in each county in 2010. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/24/shutdown-map-county-public-employment?refid=0 Fri, 24 Jun 2011 15:20:51 -0500 UnitedHealth Group suing over lost military contract UnitedHealth Group is suing the Pentagon after losing the latest round in a battle to win a 5-year, $24 billion military health insurance contract. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/21/unitedhealth-suit?refid=0 Tue, 21 Jun 2011 18:08:11 -0500 Struggling Hutchinson Technology issues upbeat projection Struggling Hutchinson Technology Tuesday issued a more upbeat outlook. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/14/hutchinson-tech-projection?refid=0 Tue, 14 Jun 2011 10:59:35 -0500 Number of pending home sales last month shows 13 percent increase over May 2010 The improvement stems, in part, from the end of the federal homebuyer tax credit in April of last year. Sales in May then dropped off. That makes last month's gain appear more dramatic. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/10/pending-home-sales?refid=0 Fri, 10 Jun 2011 16:12:30 -0500 Pending home sales up 13 pct. in Twin Cities The Twin Cities real estate market is showing signs of a rebound. The number of pending sales was up 13 percent in May over the same month last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/06/10/twin-cities-pending-home-sales?refid=0 Fri, 10 Jun 2011 12:01:13 -0500 Boston Scientific recalls nearly 30,000 coronary imaging catheters The company cited eight instances of the tips of coronary imaging catheters breaking off during procedures. The potential risks include heart attack and death. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/27/boston-scientific?refid=0 Fri, 27 May 2011 18:11:49 -0500 Reports provide varied picture of Minnesota's housing market A trio of new reports provides mixed news on Minnesota's housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/05/19/housing-minnesota?refid=0 Thu, 19 May 2011 11:01:33 -0500 PolyMet hopes changes to proposed mine passes muster Company official confident changes will address concerns the Environmental Protection Agency raised about the project. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/15/polymet-mine-plans?refid=0 Fri, 15 Apr 2011 18:12:02 -0500 After emails were stolen, beware of phishing scams The Better Business Bureau of Minnesota and North Dakota is alerting consumers to an email scam the consumer protection agency says results from the recent Epsilon data breach. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/04/07/phishing?refid=0 Thu, 07 Apr 2011 15:50:53 -0500 Number of online job postings in Minn. rises Demand for workers in Minnesota rose moderately this month according to an index that tracks online want ads. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/30/online-job-postings?refid=0 Wed, 30 Mar 2011 12:02:01 -0500 Judge declines to hold raw dairy farmer in contempt The Agriculture Department had accused Michael Hartmann of ignoring a court order not to remove raw milk products from his farm near Gibbon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/10/raw-dairy-farmer-hartmann-cleared-of-contempt?refid=0 Thu, 10 Mar 2011 16:26:05 -0600 UnitedHealth protests loss of massive military contract UnitedHealth Group has formally protested the loss of a multi-billion dollar military contract to rival health insurer Humana. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/03/07/unitedhealth-military-contract?refid=0 Mon, 07 Mar 2011 16:17:03 -0600 3M CEO says Obama is 'Robin Hood-esque' 3M CEO George Buckley has attacked president Obama as "anti-business" in an interview with the British paper, the Financial Times. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/28/3m-ceo-obama-anti-business?refid=0 Mon, 28 Feb 2011 16:37:06 -0600 Chipotle denies claims it owes back pay to fired workers Two former workers are suing the Denver-based restaurant chain alleging it failed to pay earned wages or to do so in a timely fashion as required under state law. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/02/03/chipotle-back-pay-workers?refid=0 Thu, 03 Feb 2011 18:42:43 -0600 A look at Minnesota's job picture Here's a look at how Minnesota's economy is faring as Obama and Congress try to create more jobs and move the country from recession to recovery. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/26/minnesota-jobs-by-the-numbers?refid=0 Wed, 26 Jan 2011 10:34:07 -0600 Cargill has strong quarter Cargill posted sharply higher quarterly earnings, helped by strong growth from The Mosaic Co. Cargill spun off the fertilizer maker several years ago, but retains a 64 percent stake. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2011/01/12/cargill-earns?refid=0 Wed, 12 Jan 2011 17:02:10 -0600 IRS wants $525M in back taxes from Boston Scientific Boston Scientific says the IRS is trying to collect half-a-billion dollars in back taxes related to the company's 2006 acquisition of Guidant Corp. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/12/21/boston-scientific-irs-back-taxes?refid=0 Tue, 21 Dec 2010 17:49:12 -0600 Ecolab posts higher-than-expected quarterly profits Ecolab reported a higher-than-expected quarterly profit Tuesday, citing strength in emerging markets and demand from food industry customers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/26/ecolab-earnings?refid=0 Tue, 26 Oct 2010 12:44:41 -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 KSTP TV personality targeted in Petters fraud lawsuits KSTP-TV sports director Joe Schmit is one of a slew of former Petters employees investors and others being sued by a bankruptcy trustee trying to recover money for Petters' creditors. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/10/07/joe-schmit-petters?refid=0 Thu, 07 Oct 2010 19:29:40 -0500 MoneyGram moving headquarters to Dallas MoneyGram International, the St. Louis Park-based money transfer company is moving its corporate headquarters to Dallas, Texas. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/23/moneygram?refid=0 Thu, 23 Sep 2010 12:38:27 -0500 Denny Hecker pleads guilty to fraud charges Denny Hecker, the fallen Twin Cities auto mogul, has pleaded guilty to two fraud charges in a plea deal that could get him a maximum of 10 years in prison. Prosecutors say Hecker's fraud cost his lenders more than $20 million in losses, and that the purpose of the scheme was to support his lavish lifestyle. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/09/07/hecker-charge?refid=0 Tue, 07 Sep 2010 11:21:01 -0500 Metro Transit union rejects contract offer Twin Cities Metro Transit bus drivers have overwhemingly rejected a contract offer from the transit agency, according to union officials. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/08/23/transit-union-vote?refid=0 Mon, 23 Aug 2010 19:06:26 -0500 State invests in biotech startup firm The state of Minnesota will lend $250,000 to a biotech company that's attempting to capitalize on scientific advances pioneered at the University of Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/06/01/biotech-loan?refid=0 Tue, 01 Jun 2010 15:50:53 -0500 E. coli cases traced to raw milk from Minn. dairy Minnesota Health Department officials are warning consumers about potential E. coli contamination in raw milk sold by the Hartmann Dairy farm in Gibbon. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/26/ecoli-rawmilk?refid=0 Wed, 26 May 2010 16:00:54 -0500 Minn.-based Michael Foods sold for $1.7B The owner of Minnetonka-based Michael Foods is selling the supplier of refrigerated foods to an investment fund run by Goldman Sachs for about $1.7 billion. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/21/michael-foods?refid=0 Fri, 21 May 2010 13:30:42 -0500 Harrington not going to New Orleans New Orleans has decided against hiring retiring St. Paul police chief John Harrington as the next top cop in the Big Easy. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/06/harrington?refid=0 Thu, 06 May 2010 14:34:33 -0500 St. Jude Medical faces new government inquiry The government is seeking information about company communications related to insurance coverage of implantable defibrillators. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/05/04/st-jude-inquiry?refid=0 Tue, 04 May 2010 18:43:02 -0500 Delta loses $20M after trans-Atlantic flights canceled Delta Air Lines said flights from the U.S. to Europe will be back to normal by Wednesday, after an ash cloud cleared the air of nearly all trans-Atlantic flight traffic. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/20/delta-ash-cloud-finances?refid=0 Tue, 20 Apr 2010 12:08:04 -0500 White House says stimulus provided 56,000 jobs in Minn. The White House Council of Economic Advisors estimates the federal stimulus plan provided Minnesota with 56,000 more jobs than there would have been otherwise in the first three months of the year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/04/16/stimulus-jobs?refid=0 Fri, 16 Apr 2010 17:43:42 -0500 Boston Scientific suspends device sales Boston Scientific is suspending shipments of two kinds of implantable cardiac devices after realizing it had failed to notify regulators of manufacturing changes. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/15/boston-scientific-stops-device-sales?refid=0 Mon, 15 Mar 2010 11:41:21 -0500 UnitedHealth Group CEO among insurance leaders called to testify before Congress Democratic members of the U.S. Congress want to hear from the head of Minnetonka-based UnitedHealth Group and the CEOs of three other large for-profit health insurers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/03/02/health-insurers-called-to-testify?refid=0 Tue, 02 Mar 2010 15:54:38 -0600 Boston Scientific cuts staff, local impact unknown Boston Scientific says it will cut as many as 1,300 jobs after losing $1.1 billion in the fourth quarter, but the company did not indicate how many job cuts might hit in Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/10/boston-scientific?refid=0 Thu, 11 Feb 2010 09:40:49 -0600 Metro home prices show mixed results Twin Cities' realtors associations are giving another mixed report about the local housing market. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/10/homeprices?refid=0 Wed, 10 Feb 2010 12:05:59 -0600 Regulators shutter bank in Hancock, Minn. The Minnesota Commerce Department Friday shut down 1st American State Bank of Minnesota, located in Hancock in west central Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/05/mnbankcloses?refid=0 Fri, 05 Feb 2010 17:05:14 -0600 Minneapolis Fed names new research director The Federal Reserve Bank of Minneapolis has named Kei-Mu Yi to replace Art Rolnick as the bank's director of research. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/02/02/minneapolis-fed?refid=0 Tue, 02 Feb 2010 15:40:34 -0600 FDIC shutters ninth Minnesota bank The FDIC has closed another Minnesota bank, this time Marshall Bank of Hallock in northwestern Minnesota. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/29/minnesota-bank-closes?refid=0 Fri, 29 Jan 2010 18:20:32 -0600 Minn. companies move up in 'Top 100' workplaces list General Mills and the Mayo Clinic have moved up the rankings in Fortune magazine's annual list of the 100 best companies to work for. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/21/fortune-100?refid=0 Thu, 21 Jan 2010 17:39:56 -0600 North Star Foods won't rebuild St. Charles plant North Star Foods has decided not to rebuild a meat and poultry processing plant in St. Charles that was destroyed by fire last year, eliminating 250 jobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2010/01/15/northstarfoods?refid=0 Fri, 15 Jan 2010 18:11:16 -0600 Minn. utility quits Big Stone II; other utilities plan to continue project The utility leading an effort to build a $1.6 billion coal-fired power plant in South Dakota that would serve five states has pulled out of the project. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/11/big-stone-2?refid=0 Fri, 11 Sep 2009 15:21:47 -0500 Sales of Minnesota-made Ford Ranger up over last year Ford Motor Company says August sales of the Minnesota-made Ranger pickup truck jumped 57 percent compared to last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/01/ford-ranger-sales?refid=0 Tue, 01 Sep 2009 16:12:35 -0500 Minn. Federal Reserve names acting president The Federal Reserve Bank of Minneapolis has named the bank's chief operating officer as acting president effective Tuesday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/09/01/fed-acting-president?refid=0 Tue, 01 Sep 2009 15:47:39 -0500 Minnesota's job market bounces back in July Minnesota's job market bounced back in dramatic fashion in July. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/08/20/job-numbers-update?refid=0 Thu, 20 Aug 2009 17:02:52 -0500 Metro area home sales improve in June The Twin Cities real estate market saw a 20 percent increase in home sales last month compared to June of last year. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/07/10/homesales?refid=0 Fri, 10 Jul 2009 11:22:24 -0500 Auto dealer Denny Hecker files for personal bankruptcy Embattled auto dealer Denny Hecker has filed for personal bankruptcy. The filing comes in the wake of a nearly $480 million judgement that his long-time lead financer, Chrysler Financial, won against him. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/04/hecker_bankruptcy?refid=0 Thu, 04 Jun 2009 17:43:15 -0500 Boatmaker Genmar files for bankruptcy protection Amid a downturn in the boat-building industry, Minneapolis-based Genmar Holdings has filed for bankruptcy protection. The privately-held company is headed by Twin Cities businessman Irwin Jacobs. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/01/genmar_bankruptcy?refid=0 Mon, 01 Jun 2009 18:50:44 -0500 Number of job postings rises Minnesota saw a jump in hiring demand in May, according to a leading business research organization. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/06/01/hiringdemand?refid=0 Mon, 01 Jun 2009 12:31:55 -0500 Target shareholders reject Ackman's board slate In a major victory for Target Corporation, shareholders have rejected a slate of board candidates put up by activist hedge fund manager Bill Ackman. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/28/target_shareholders_reject_ackman?refid=0 Thu, 28 May 2009 13:49:19 -0500 Adviser recommends replacement of Target board members A shareholder advisory service is recommending that Target shareholders vote in favor of a plan to replace some board members. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/05/15/target_board?refid=0 Fri, 15 May 2009 08:23:36 -0500 Minnesota companies' outlook varied as the industries Several prominent companies with headquarters or major operations in Minnesota are reporting lower quarterly earnings today. The view of the economy from the companies' corner offices was as varied as their industries. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/04/21/earnings_wrap?refid=0 Tue, 21 Apr 2009 17:07:56 -0500 Boston Scientific reports new defibrillator problems Boston Scientific is reporting new problems with two defibrillator products. The company has major operations in Minnesota, making the devices that shock an abnormally beating heart back into rhythm. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/27/bostonsci?refid=0 Fri, 27 Mar 2009 16:49:19 -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 Home prices plunge, sales tick up Home prices in the Twin Cities continued plunging last month. Cheaper homes helped the 13-county region notch a slight uptick in closed sales. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/03/11/febhomesales?refid=0 Wed, 11 Mar 2009 13:09:55 -0500 Madoff client list includes hundreds of Minnesotans A newly issued list of Bernard Madoff's clients includes nearly 400 entries with Minnesota addresses. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/02/05/madoff_clientlist?refid=0 Thu, 05 Feb 2009 13:09:06 -0600 St. Paul joins other cities to tackle foreclosure crisis The city of St. Paul wants to team up with other cities to pressure banks and other lenders to deal with foreclosed homes that are standing empty. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/14/st_paul_with_other_cities?refid=0 Wed, 14 Jan 2009 08:26:03 -0600 Target reports 4 percent drop in December sales Minneapolis based Target Corporation today reported a 4 percent decline in December sales based on stores open at least a year, a key barometer for retailers. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2009/01/08/target_december_sales_declilne?refid=0 Thu, 08 Jan 2009 08:19:09 -0600 Twin Cities home prices fall 19 percent November's median sales price of $175,000 is lower than it's been in almost six years. Total sales were down slightly as well. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/10/homesales?refid=0 Wed, 10 Dec 2008 13:42:08 -0600 U.S. Steel to lay off 3,500 employees U.S. Steel is idling a taconite plant in Keewatin and two other facilities in Michigan and Missouri. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/12/02/us_steel_to_layoff_3500_employees?refid=0 Tue, 02 Dec 2008 17:58:13 -0600 Auto dealer Denny Hecker sues lending company Denny Hecker, the prominent Twin Cities auto dealer, is suing his longtime lender alleging the company has wrongly cut him off and hurt his business. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/13/hecker_suit?refid=0 Thu, 13 Nov 2008 14:42:36 -0600 Iron Range sees hope in Chinese stimulus plan Minnesota's Iron Range may see a benefit from China's huge $590 billion stimulus plan announced on Sunday. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/11/11/chinese_bailout?refid=0 Tue, 11 Nov 2008 07:12:28 -0600 Hard times hit the race track; Canterbury to lay off employees Canterbury Park in Shakopee says it is laying off 60 full-and part-time employees, about 10 percent of its workforce. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/24/canterbury_layoffs?refid=0 Fri, 24 Oct 2008 16:29:05 -0500 The climb back is farther than the plunge The climb back requires a gain that's way bigger than the fall. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/10/13/climb_back?refid=0 Mon, 13 Oct 2008 17:45:13 -0500 Minneapolis 311 service will expand during Republican National Convention The Minneapolis 311 service will expand to much of the metro area during the Republican National Convention in early September. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/21/311_service_rnc?refid=0 Thu, 21 Aug 2008 17:19:28 -0500 Northwest writes off investment in Midwest Airlines Northwest Airlines says the value of its $213 million investment in Midwest Airlines has dropped to zero. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/08/07/nwamidwest?refid=0 Thu, 07 Aug 2008 16:55:45 -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 Star Tribune owner writes down equity Published reports say the owner of the Star Tribune has written down its investment in the newspaper by 75 percent. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/05/07/stribfinances?refid=0 Wed, 07 May 2008 15:47:10 -0500 Delta gaining support for merger from its pilots Delta Air Lines appears to be close to winning support from its pilots' union for a merger with Northwest Airlines. That could mean the airlines may announce a merger early next week. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/04/11/pilots_merger?refid=0 Fri, 11 Apr 2008 08:51:36 -0500 Minnesota jobless rate falls in January Minnesota's unemployment rate dipped to 4.5 percent last month. Seven out of 11 major sectors added jobs, including 4,000 jobs in professional and business services. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2008/02/27/jobsrate?refid=0 Wed, 27 Feb 2008 13:48:53 -0600 State's jobless rate matches the national rate Minnesota's rising unemployment rate pulled even with the national average for the first time in more than three decades. The jobless rate nationally and in Minnesota was 4.5 percent in February. http://minnesota.publicradio.orghttp://www.mprnews.org/story/2007/03/20/mnjobless?refid=0 Tue, 20 Mar 2007 12:13:02 -0500 Little-known Minneapolis software maker now a hot property Two giants who are bitter rivals in the software industry are battling to buy little-known Retek, a Twin Cities software firm that's tiny by comparison. http://news.minnesota.publicradio.org/features/2005/03/14_catlinb_retek/?refid=0 Sun, 13 Mar 2005 15:00:00 -0600 Pacemaker-like device used to treat eating disorder University of Minnesota researchers are reporting initial success treating severe cases of an eating disorder with an approach generally associated with treating heart problems. The study is using a pacemaker-like device to treat bulimia, and one woman says the procedure has changed her life. http://news.minnesota.publicradio.org/features/2005/03/09_catlinb_bulimia/?refid=0 Wed, 09 Mar 2005 05:00:00 -0600 May-Federated merger would likely mean local job cuts Federated Department Stores is expected to finalize a deal over the weekend to acquire the owner of Minneapolis-based Marshall Field's. Marshall Field's is owned by May Department Stores Company. May bought Marshall Field's last year and has left the Minneapolis operation intact. But if May itself is sold to Federated, experts predict many local jobs would go away. http://news.minnesota.publicradio.org/features/2005/02/25_catlinb_may/?refid=0 Fri, 25 Feb 2005 16:56:00 -0600 Will Delta's new fare structure hurt or help the airline industry? Last month, Delta slashed its most expensive fares by as much as half and eliminated the much-despised Saturday night stay requirement. One Wall Street analyst says the change could cost airlines billions of dollars if it's adopted across the industry. But some experts say the effect may be minor and could even help the industry. http://news.minnesota.publicradio.org/features/2005/02/04_catlinb_delta/?refid=0 Sun, 06 Feb 2005 15:58:00 -0600 American Express to spin off financial advisors business American Express is spinning off its Minneapolis-based money management arm to shareholders. The change brings new uncertainty to American Express Financial Advisors, which has been trying to improve its investment performance. http://news.minnesota.publicradio.org/features/2005/01/31_catlinb_amexspinoff/?refid=0 Tue, 01 Feb 2005 11:02:00 -0600 Public radio explores new currency The Current -- 89.3 -- will feature a broad range of popular music in an effort to attract a younger audience to MPR. http://news.minnesota.publicradio.org/features/2005/01/21_catlinb_newradio/?refid=0 Fri, 21 Jan 2005 15:00:00 -0600 Mergers likely to heat up in '05 Nationally, corporate combinations finally picked up towards the end of last after a slow-down starting in the recession year of 2001. Several factors are likely to fuel more deal making this year. Here's how the trends might affect Minnesota. http://news.minnesota.publicradio.org/features/2005/01/13_catlinb_mergers/?refid=0 Mon, 17 Jan 2005 15:00:00 -0600 Supercomputer industry may be poised for a comeback Minnesota's history of building the fastest and most powerful computers in the world dates back to the early 1960s. The supercomputer industry fell on hard times in the 1990s, but now may be poised for a renaissance. http://news.minnesota.publicradio.org/features/2005/01/03_catlinb_fastcompute/?refid=0 Mon, 03 Jan 2005 06:00:00 -0600 Merger to have little impact on Guidant's Minnesota operation Health products giant Johnson and Johnson is buying Indianapolis-based Guidant Corp., one of the world's top makers of cardiac devices. Guidant employs about 3,000 people in Minnesota. http://news.minnesota.publicradio.org/features/2004/12/16_catlinb_guidantsale/?refid=0 Thu, 16 Dec 2004 17:25:00 -0600 Guidant a player in treating heart disease with hardware Health products giant, Johnson & Johnson, is expected to announce it will buy Indianapolis-based Guidant, a medical device maker with about 3,000 employees in Minnesota. Guidant is a major player in a rapidly growing area of using hardware, instead of drugs, to treat heart disease. http://news.minnesota.publicradio.org/features/2004/12/13_catlinb_guidantfolo/?refid=0 Mon, 13 Dec 2004 11:54:00 -0600 The trouble with pension accounting The Securities and Exchange Commission is looking into the pension accounting at six big companies, including Eagan-based Northwest Airlines. The SEC says it doesn't have any evidence of wrongdoing. Officials are making inquiries to see if companies deliberately tinker with their pension numbers to make their profits or other financial results look better. http://news.minnesota.publicradio.org/features/2004/11/08_catlinb_nwasec/?refid=0 Sun, 07 Nov 2004 15:00:00 -0600 Minnesotans host celebration for Nobel winner Edward Prescott, the former University of Minnesota economist who shared this year's Nobel Prize for economics, shared in the celebration over his award during a visit to Minneapolis Tuesday. His colleagues praised his contributions to the field. http://news.minnesota.publicradio.org/features/2004/10/12_catlinb_prescott/?refid=0 Tue, 12 Oct 2004 15:42:00 -0500 A look at Richard Anderson's decision to leave NWA The departure of Northwest Airlines CEO Richard Anderson caught many by surprise. He is taking a top job at UnitedHealth Group after three tough years in the airline industry; a period that has seen the departures of most major airline CEOs. http://news.minnesota.publicradio.org/features/2004/10/06_catlinb_anderson/?refid=0 Wed, 06 Oct 2004 17:39:00 -0500 Business groups developing big spending proposals for transportation Two high-powered business groups are developing proposals to spend billions of dollars to address transportation woes in the Twin Cities and Greater Minnesota. The Itasca Project and the Minnesota Chamber of Commerce are both considering increases in the gas tax and other funding proposals. But their ideas face an uncertain political future. http://news.minnesota.publicradio.org/features/2004/09/22_catlinb_transpo/?refid=0 Thu, 23 Sep 2004 00:01:00 -0500 Pain in the public sector The nation's economic recovery officially began almost three years ago. But judging from job numbers, government workers in Minnesota, especially those in local government, are in more of a recession than a recovery. City and county governments and public schools in Minnesota have lost thousands of jobs in the last year. Wages fell behind inflation as well. http://news.minnesota.publicradio.org/features/2004/09/13_catlinb_pubsector/?refid=0 Tue, 14 Sep 2004 00:01:00 -0500 Why companies sometimes want their stock back When hot companies like Google issue stock it can get a lot of attention. But after selling stock to the public, companies sometimes buy some of it back. After selling the Marshall Field's chain, Target Corporation announced it would spend up to $3 billion to buy its own stock. We wondered why companies sometimes want their shares back. http://news.minnesota.publicradio.org/features/2004/08/13_catlinb_stocks/?refid=0 Sun, 15 Aug 2004 15:00:00 -0500 Minnesota lags in new business formation Minnesota has a proud history of entrepreneurship. Pioneers like Curt Carlson, Earl Bakken of Medtronic, Bill Norris of Control Data, and Richard Schulze of Best Buy built billion-dollar success stories and created thousands of jobs in Minnesota. But lately the state's entrepreneurship is lagging, and that's raising concerns about Minnesota's future prosperity. http://news.minnesota.publicradio.org/features/2004/07/12_catlinb_churn/?refid=0 Sun, 08 Aug 2004 15:00:00 -0500 Target sells Mervyn's stores for $1.65 billion Target Corp. announced Thursday it is selling its Mervyn's business unit and retail stores to an investment consortium for roughly $1.65 billion in cash. http://news.minnesota.publicradio.org/features/2004/07/30_catlinb_mervyns/?refid=0 Thu, 29 Jul 2004 21:44:00 -0500 Some wrongly-billed Xcel customers were also disconnected Xcel Energy shut off service to at least 28 customers who were mistakenly over-billed because of faulty gas meter reporting devices. Xcel revealed last week that at least 164 customers were billed double what they owed because of problems with wireless meter reading devices. The utility has apologized to affected customers, is issuing refunds, and says it continues to investigate the problem. http://news.minnesota.publicradio.org/features/2004/07/19_catlinb_cutoffs/?refid=0 Mon, 19 Jul 2004 10:19:00 -0500 Ikea furniture wins loyal fans even though assembly's required Thousands of customers are expected to turn out for the much-anticipated opening of the new Ikea store in Bloomington. The store near the Mall of America is part of a major U.S. expansion for the Swedish furniture chain. Ikea's low-cost, assemble-it-yourself products already have a devoted following here. Many Minnesotans have driven to the company's Chicago store. http://news.minnesota.publicradio.org/features/2004/07/14_catlinb_ikea/?refid=0 Wed, 14 Jul 2004 00:01:00 -0500 Medtronic and partner try muscle cells to mend damaged hearts Fridley-based Medtronic and Genzyme of Massachusetts are officially launching a marriage of medical devices and biotech, with the goal of mending damaged hearts. The two companies announced their joint venture a month ago. They're testing promising techniques a University of Minnesota researcher pioneered. http://news.minnesota.publicradio.org/features/2004/07/01_catlinb_medtronic/?refid=0 Thu, 01 Jul 2004 00:01:00 -0500 Non-profits hope Marshall Field's sale won't diminish charitable contributions Officials with May Department Stores say they won't change much about Marshall Field's when they buy the department store chain from Target Corporation. But will that extend to Marshall Field's charitable giving? For now, the answer is up in the air. Officials with both companies say that aspect of the deal remains to be sorted out. But non-profit executives remain optimistic about the outcome. http://news.minnesota.publicradio.org/features/2004/06/14_catlinb_giving/?refid=0 Mon, 14 Jun 2004 17:32:00 -0500 Target finds buyer for Marshall Field's, to close some Mervyn's stores May Department Stores Co. announced Wednesday it will buy Marshall Field's department stores and nine Mervyn's locations in the Twin Cities for $3.24 billion in cash. The move strengthens May's presence in the Midwest, giving it 62 Marshall Field's stores, mostly in Chicago, Detroit and the Twin Cities. The nine Mervyn's stores will be closed. http://news.minnesota.publicradio.org/features/2004/06/09_catlinb_target/?refid=0 Wed, 09 Jun 2004 18:08:00 -0500 Museum features Air Guard's history and role in the war on terror Today marks the start of the first summer since 9/11 that visitors can return to the Minnesota Air Guard Museum at Twin Cities International Airport. The museum features more than a dozen historic military aircraft, and the story of the nation's first Air National Guard unit. Security concerns forced the museum to close after 9/11, but it will be open most Saturdays this summer. New displays include the role of one Twin Cities-based flight crew on the day of the attacks. http://news.minnesota.publicradio.org/features/2004/05/31_catlinb_airguardmuseum/?refid=0 Mon, 31 May 2004 06:00:00 -0500 Why gas prices are so jumpy If you drive, you're undoubtedly watching gas prices. They change a lot -- sometimes more than once a day, and mostly upwards over the past several months. Last week, Twin Cities gas prices jumped 20 cents a gallon, to $2.20 in many cases. They've fallen since then, but that got us wondering about why prices change so much. http://news.minnesota.publicradio.org/features/2004/05/26_catlinb_gasprice/?refid=0 Wed, 26 May 2004 11:17:00 -0500 Minnesota unemployment crunch easing Minnesota's job market improved dramatically in April. The state's unemployment rate fell to 4.1 percent. The decline was the largest ever. The state's economy added more than 12,000 jobs -- the most in several years. But job seekers say there's still a lot of competition for work. http://news.minnesota.publicradio.org/features/2004/05/18_catlinb_jobs/?refid=0 Tue, 18 May 2004 16:54:00 -0500 We've got a recovery -- where are the jobs? The U.S. officially came out of a recession almost two and a half years ago. Since then, the economy has grown, but the number of jobs has not. Minnesota has fewer jobs now than at the end of the recession. So does the nation as a whole, despite solid gains in the first three months of the year. http://news.minnesota.publicradio.org/features/2004/05/03_catlinb_whynojobs/?refid=0 Wed, 05 May 2004 14:16:00 -0500 The two sides of offshore outsourcing As more companies hunt for cheaper labor in places like India and China, offshore outsourcing has become a flashpoint in the presidential campaign and in state legislatures. Outsourcing is spreading from the manufacturing sector into the service economy and affecting white-collar workers, many with higher wages and skill levels. While outsourcing often gets blamed for job losses, finding cheaper labor can also save or even create jobs. http://news.minnesota.publicradio.org/features/2004/03/24_catlinb_outsourcing/?refid=0 Wed, 24 Mar 2004 14:35:00 -0600 Bus drivers rejected contract that trimmed rich benefits Negotiators for Twin Cities bus drivers and the Metropolitan Council are expected to return to the negotiating table before a March 2 strike deadline. The Amalgamated Transit Union's nearly 2,200 drivers overwhelmingly rejected an offer last week. Benefits are a key issue in the dispute. http://news.minnesota.publicradio.org/features/2004/02/23_catlinb_drivers/?refid=0 Mon, 23 Feb 2004 17:57:00 -0600 'Loading,' key issue for General Mills, has long history Golden Valley-based General Mills faces possible civil charges by securities regulators in connection with its sales practices. The company has been accused of improperly shipping excessive amounts of its products to supermarkets in order to show higher sales. A common business practice to boost sales is coming under greater scrutiny by regulators. http://news.minnesota.publicradio.org/features/2004/02/16_catlinb_loading/?refid=0 Sun, 15 Feb 2004 15:00:00 -0600 General Mills may face charges from SEC Golden Valley-based General Mills says it may face civil charges in an investigation by the Securities and Exchange Commission. The company says it has received a "Wells notice" that also covers General Mills' CEO and chief financial officer. The company disclosed the SEC's investigation of its sales practices and related accounting last October. http://news.minnesota.publicradio.org/features/2004/02/04_catlinb_genmills/?refid=0 Wed, 04 Feb 2004 08:20:00 -0600 CEOs enlist in civic 'renaissance' A group of high-profile CEOs has joined together to address concerns about the Twin Cities' long-term economic health. The group called the Itasca Project holds its fourth meeting today, and includes the chief executives of 3M and Northwest Airlines and other Fortune 500 firms. http://news.minnesota.publicradio.org/features/2004/01/29_catlinb_itasca/?refid=0 Thu, 29 Jan 2004 11:15:00 -0600 U.S. Bank combats 'phishing' Minneapolis-based U.S. Bancorp is warning customers not to respond to bogus e-mails that are intended to trick people into giving out sensitive personal information. The e-mails appear to come from the bank and say the recipient's account has been blocked because it may have been compromised by outside parties. http://news.minnesota.publicradio.org/features/2004/01/20_catlinb_usbank/?refid=0 Tue, 20 Jan 2004 17:18:00 -0600 Mesaba, pilots settle after marathon bargaining Mesaba Airlines and its pilots union announced a contract settlement early Sunday after a marathon bargaining session approaching 40 hours in length. The deal means Mesaba will resume operating flights for Northwest Airlines to more than 100 cities after canceling all its flights Saturday. http://news.minnesota.publicradio.org/features/2004/01/10_catlinb_mesabapmsat/?refid=0 Sun, 11 Jan 2004 04:49:00 -0600 Mesaba pilots pay dispute reflects turmoil in the industry Mesaba Airlines and its pilots union face a strike deadline Friday at 11:01 p.m. A walkout would ground about 600 daily flights Mesaba operates for Northwest Airlines. Negotiations continue over issues including wages, work rules, and job security. The dispute reflects the upheaval in the airline industry since 2001. http://news.minnesota.publicradio.org/features/2004/01/09_catlinb_strategies/?refid=0 Fri, 09 Jan 2004 00:01:00 -0600 Mesaba talks begin with strike deadline looming Mesaba Airlines and its pilots union begin an 11th-hour round of contract talks Monday. The Twin Cities-based regional airline and its 840 pilots face a strike deadline Friday night. http://news.minnesota.publicradio.org/features/2004/01/05_catlinb_mesabatalks/?refid=0 Mon, 05 Jan 2004 01:00:00 -0600 Is the sun setting on Twin Cities' mutual fund industry? The Twin Cities has a long history in the mutual mund industry. But now some are concerned that the industry is losing scale, not because of the mutual fund scandals, but for a variety of other reasons. http://news.minnesota.publicradio.org/features/2003/12/22_catlinb_mutualfunds/?refid=0 Mon, 22 Dec 2003 10:02:00 -0600 Mesaba faces loss of jets, revenues Northwest Airlines and Mesaba Airlines have agreed to postpone a decision on whether Mesaba will keep its fleet of jet aircraft. The issue of the 30 regional jets complicates Mesaba's contract negotiations with its pilots union, as a strike deadline looms less than a month away. http://news.minnesota.publicradio.org/features/2003/12/15_catlinb_mesaba/?refid=0 Fri, 12 Dec 2003 16:49:00 -0600 Factory jobs unlikely to return to 1990s levels Minnesota has lost nearly 52,000 high-paying factory jobs since 2000. The manufacturing sector was one of the bright spots in Minnesota's economy during the 1990s, but has hemorrhaged jobs since the recession. http://news.minnesota.publicradio.org/features/2003/12/08_catlinb_manufacturingone/?refid=0 Sun, 07 Dec 2003 15:00:00 -0600 Minnesota's employment picture is improving Minnesota's economy added 8,500 jobs in October -- the biggest gain since February, 2000. The state's jobless rate held steady at 4.6 percent, as layoffs continue at a high rate, and as more people enter the workforce to begin a job search. Even so, state officials calls the job gains impressive. http://news.minnesota.publicradio.org/features/2003/11/18_catlinb_jobless/?refid=0 Tue, 18 Nov 2003 16:50:00 -0600 Strike took U officials by surprise University of Minnesota officials say they're surprised the U's largest union has gone on strike. Clerical workers represented by the American Federation of State County and Municipal Employees Local 3800 began a second day of picketing Wednesday. Labor relations experts say the strike reflects the financial squeeze that a tough economy and rising health costs are putting on workers and employers alike. http://news.minnesota.publicradio.org/features/2003/10/22_catlinb_ustrikestrategy/?refid=0 Wed, 22 Oct 2003 10:30:00 -0500 Manufacturers ask Pawlenty to help shore up businesses Executives from Minnesota's manufacturing industry gave Gov. Tim Pawlenty their wish list for state government during three separate roundtable discussions. The governor was looking for ideas on how to shore up an important part of Minnesota's economy. The high-paying sector has lost nearly 48,000 jobs since the start of the recession in 2001. http://news.minnesota.publicradio.org/features/2003/10/03_catlinb_roundtable/?refid=0 Fri, 03 Oct 2003 10:13:00 -0500 Judge's ruling transfers management of Mall of America A federal judge has given control of the Mall of America to the family that developed it, and ordered Simon Property Group to turn over a share of its profits from the past four years from one of the nation's most prized retail properties. http://news.minnesota.publicradio.org/features/2003/09/11_catlinb_mall/?refid=0 Thu, 11 Sep 2003 16:07:00 -0500 Fatal crash fuels questions about elderly drivers Roseville police officials continue their investigation of Sunday's fatal crash and multiple collisions involving an 88-year-old driver. Two people are dead. Three more were treated at a Saint Paul hospital, including the driver. The Roseville crashes are prompting calls to evaluate increased testing of elderly drivers in Minnesota. http://news.minnesota.publicradio.org/features/2003/09/01_catlinb_olddrivers/?refid=0 Mon, 01 Sep 2003 17:00:00 -0500 Less is More (Work) Since the recession began, Minnesota has lost more than 67,000 jobs. The layoffs come in a variety of sizes -- some wipe out hundreds of jobs, others just a handful. In many cases, those left behind have to do the same or more work with less--less help and tighter budgets. http://news.minnesota.publicradio.org/features/2003/08/17_catlinb_left/?refid=0 Sun, 17 Aug 2003 15:00:00 -0500 Audit confirms Xcel falsified records An audit of Xcel Energy says a small number of employees recorded inaccurate information that resulted in unreliable reporting of power outages. State regulators commissioned the audit last fall. The decision to examine Xcel's records followed accusations that the company falsified the length of power outages so it would to meet state-ordered reliability standards. Xcel says it has found instances where company documentation procedures were not followed consistently. http://news.minnesota.publicradio.org/features/2003/08/05_catlinb_xcelaudit/?refid=0 Tue, 05 Aug 2003 10:06:00 -0500 The Enthusiasts: The guardian of the Air Guard Museum Officials at a small Twin Cities museum hope to reopen in August, after the events of Sept. 11, 2001 forced them to close temporarily. The Minnesota Air Guard Museum had to return its hangars and exhibition space to the Air Force. Our next edition of The Enthusiasts features volunteer Ray Peterson, who has devoted thousands of hours to the museum over nearly 20 years. The museum's displays feature the Minnesota Air National Guard's history, aircraft, and a rare Blackbird spy plane. http://news.minnesota.publicradio.org/features/2003/07/16_catlinb_airguard/?refid=0 Wed, 16 Jul 2003 05:00:00 -0500 General Mills celebrates 75 years of innovation Seventy-five years ago, Golden Valley-based General Mills formally came into being. Over the next several months, the company is celebrating three quarters of a century on the New York Stock Exchange. General Mills' Minneapolis roots actually date back to just after the Civil War. Over the years, the company has produced enduring brand names like Betty Crocker, Wheaties and Cheerios. And General Mills has produced a lot of things that have nothing to do with food, including toys, golf shoes, and even a small submarine. http://news.minnesota.publicradio.org/features/2003/07/10_catlinb_gmills/?refid=0 Thu, 10 Jul 2003 16:08:00 -0500 Roundy's enters tough Twin Cities grocery market Grocery shoppers are sampling the changes Roundy's has made to 30 Twin Cities Rainbow Foods stores. Earlier this month, Wisconsin-based Roundy's acquired the stores from Fleming Companies in a bankruptcy auction. Roundy's is taking on a market where the competition is expected to keep getting tougher. http://news.minnesota.publicradio.org/features/2003/06/18_catlinb_roundys/?refid=0 Wed, 18 Jun 2003 00:01:00 -0500 Watchmakers: the new dot-commers Although, Minnesota's job market has been engulfed in gloom for more than two years, we found a bright spot. Demand for people who can repair high-end mechanical watches is high, and graduates of a small watchmaking program in St. Paul tell job-hunting stories that would make a dot-comer nostalgic. http://news.minnesota.publicradio.org/features/2003/05/27_catlinb_watch/?refid=0 Tue, 27 May 2003 05:00:00 -0500 Insurance companies dropping customers, raising premiums As the spring and summer storm season approaches, the number of Minnesotans who have lost their homeowners insurance has soared, along with premiums. More state residents have to rely on a safety-net insurance program created by the state. http://news.minnesota.publicradio.org/features/2003/04/30_catlinb_insurance/?refid=0 Sun, 04 May 2003 06:00:00 -0500 Regulators blast Xcel Energy over auditor's finding that outage reporting system is 'corrupt' State regulators blasted Xcel energy officials over an auditor's preliminary conclusion that the company's outage reporting system is 'corrupt.' The Minnesota Public Utilities Commission also expressed concern that employees of the Minneapolis based utility are reluctant to speak to the auditors, for fear of reprisal. The PUC voted to continue the investigation and required Xcel to encourage employees to come forward. http://news.minnesota.publicradio.org/features/2003/04/03_catlinb_xcel/?refid=0 Thu, 03 Apr 2003 17:17:00 -0600 Taxes and prosperity: Where does Minnesota fit in a regional economy? In selling his no-tax-increase budget plan, Gov. Tim Pawlenty often points out that Minnesota's tax burden is higher than other states in the region. But despite the higher taxes, Minnesota also has been more prosperous than those states. Some experts say Minnesota's use of tax dollars has strengthened the state's economy. Others question whether that's still the case. http://news.minnesota.publicradio.org/features/2003/03/24_catlinb_wnmn/?refid=0 Mon, 31 Mar 2003 12:30:00 -0600 Governor, NWA workers decry pay perks for airline execs Eagan-based Northwest Airlines is taking heat from laid-off workers, union leaders and even Gov. Tim Pawlenty over executive pay increases. Last week, Northwest announced it was cutting nearly 5,000 jobs due to the war in Iraq. Less than a week later, the company disclosed its two top executives saw pay increases last year totalling nearly $2 million, a year the company lost almost $800 million. http://news.minnesota.publicradio.org/features/2003/03/27_catlinb_nwa/?refid=0 Thu, 27 Mar 2003 17:20:00 -0600 NWA pushes for cost cuts Eagan-based Northwest airlines is launching a campaign to convince union leaders of the need to reduce labor costs. Company officials have told Wall Street they need to cut overall expenses by as much as $1.5 billion. Northwest has already cut almost 12,000 jobs and more than $1 billion in expenses in about two years. But labor leaders at the nation's fourth largest airline say the last round of concessions has bred strong resistance to another round of givebacks. http://news.minnesota.publicradio.org/features/2003/02/13_catlinb_nwa/?refid=0 Thu, 13 Feb 2003 07:00:00 -0600 Qwest faces $26 million fine State regulators have ordered Qwest Communications to give competitors discounts or pay a fine of $26 million. The Minnesota Public Utilities Commission action stems from illegal secret deals in which Qwest gave some competitors preferential rates for the use of its phone lines. Qwest officials say the PUC overstepped its authority, but the company's critics hailed the decision. http://news.minnesota.publicradio.org/features/2003/02/05_catlinb_qwest/?refid=0 Wed, 05 Feb 2003 11:28:00 -0600 Changes for job hunters are dramatic and grim, survey says Job vacancies in Minnesota continued to decline in the last three months of last year. The number of job openings fell by almost one third from the year before. Two years ago, before the recession, the survey found there were more jobs than people looking for work in Minnesota. Now there are twice as many job hunters as jobs. http://news.minnesota.publicradio.org/features/2003/01/30_catlinb_nojobs/?refid=0 Thu, 30 Jan 2003 14:56:00 -0600 Slow business spending, threat of war keeping economy weak The latest economic data for Minnesota indicate the state's job market is stuck in neutral. Minnesota's unemployment rate for November came in at 3.9 percent. That's down slightly from October. A separate survey of businesses indicates Minnesota companies are reluctant to start hiring even though many expect sales to pick up. http://news.minnesota.publicradio.org/features/200212/16_catlinb_economy/?refid=0 Tue, 17 Dec 2002 13:46:00 -0600 Minneapolis Fed forecasts modest economic expansion The Federal Reserve Bank of Minneapolis is projecting fewer jobs and higher unemployment in Minnesota amid modest regional and national economic growth next year. The outlook for the Fed's ninth district and the U.S. is based on both a statistical analysis and a survey of business leaders in the region. But a top official at the Minneapolis Fed says Minnesota may do better than the forecast. http://news.minnesota.publicradio.org/features/200212/11_catlinb_fedsurvey/?refid=0 Wed, 11 Dec 2002 16:45:00 -0600 As United flounders, Northwest weighs options Experts say the expected bankruptcy of United Airlines will likely put downward pressure on wages at Twin Cities-based Northwest Airlines. Northwest has one of the state's largest payrolls, with nearly 20,000 employees. http://news.minnesota.publicradio.org/features/200212/06_catlinb_nwaimpact/?refid=0 Fri, 06 Dec 2002 16:30:00 -0600 Shopping season start cheers retailers Retail sales got off to a strong start over the weekend nationally and in Minnesota. The results from the traditional start of the holiday shopping season trumped projections of lackluster sales. But skeptics say it's too soon to predict consumers will leave their caution in the parking lot. http://news.minnesota.publicradio.org/features/200212/02_catlinb_salesupdate/?refid=0 Mon, 02 Dec 2002 17:45:00 -0600 Retailers' pain may be shoppers' gain With the traditional start of the holiday shopping season underway, retailers are girding for a tough year. This list of reasons includes layoffs, little hiring, sluggish economic growth, and the prospect of war in Iraq. http://news.minnesota.publicradio.org/features/200211/29_catlinb_retailsales/?refid=0 Fri, 29 Nov 2002 01:00:00 -0600 Un-manufacturing jobs Minnesota's high-paying manufacturing sector created nearly 50,000 jobs during the 1990s, but now most of them are gone. From 1991 to 2000 the number of manufacturing jobs in Minnesota grew 12 percent, and helped fuel a big jump in the state's prosperity. Nationally, manufacturing was virtually stagnant over the same period. But the recession and its aftermath have wiped 80 percent of the jobs Minnesota gained. http://news.minnesota.publicradio.org/features/200211/25_catlinb_manufacturing1/?refid=0 Sun, 24 Nov 2002 18:00:00 -0600 Northwest closes Atlanta facility; jobs transfer to Minnesota Northwest Airlines is closing its Atlanta aircraft maintenance facility to cut costs. The company is transferring the work to the Twin Cities. http://news.minnesota.publicradio.org/features/200210/15_catlinb_northwest/?refid=0 Tue, 15 Oct 2002 12:00:00 -0500 Honeywell after the failed General Electric merger It's been a little more than a year since European regulators blocked Honeywell International's proposed merger with General Electric. The buyout's blow up led to CEO Michael Bonsignore's departure, and culminated a difficult period following the company's merger with Allied Signal about three years ago. Now Honeywell officials say they've righted the ship, but the company is still shedding jobs. http://news.minnesota.publicradio.org/features/200209/02_catlinb_honey/?refid=0 Mon, 02 Sep 2002 12:00:00 -0500 State questions Qwest's finances The chairman of the Minnesota Public Utilities Commission says he's less concerned after a hearing Thursday on the effect of Qwest Communications International's huge debt load on its Minnesota customers. Qwest is the largest provider of local phone service in Minnesota. http://news.minnesota.publicradio.org/features/200208/16_catlinb_qwest/?refid=0 Fri, 16 Aug 2002 12:00:00 -0500 Mall of America turns 10 The Mall of America turns 10 on Sunday. Despite waves of initial skepticism, the largest mall in America has drawn nearly 390 million visitors through its doors. http://news.minnesota.publicradio.org/features/200208/09_catlinb_mallanniversary/?refid=0 Fri, 09 Aug 2002 12:00:00 -0500 Medical (Back) Alley? Minnesota's a world leader in medical technology, right? After all, the state is home to giants like Medtronic, St. Jude Medical, and a slew of smaller medical device companies. So why does the trade organization Medical Alley think Minnesota's medtech industry needs to raise its visibility? Just ask the investors who flew to Minneapolis this week. http://news.minnesota.publicradio.org/features/200205/23_catlinb_medtech/?refid=0 Thu, 23 May 2002 12:00:00 -0500 Medical technology makes a comeback in Twin Cities Investors are turning again to medical technology, one of Minnesota's economic strengths. In 1999 and 2000, the share of venture capital dollars going to medical device companies dropped dramatically as money poured into dot-coms. Observers say the renewed enthusiasm for medical devices is good for Minnesota, but the state's lack of critical mass in biotechnology may be a looming threat. http://news.minnesota.publicradio.org/features/200205/08_catlinb_medtech/?refid=0 Wed, 08 May 2002 12:00:00 -0500 Fingerhut sale falls through Federated Department Stores said Monday it has terminated negotiations to sell its Fingerhut subsidiary to an investor group led by Minnesota businessman Peter Lytle. http://news.minnesota.publicradio.org/features/200205/06_catlinb_fingerhut/?refid=0 Mon, 06 May 2002 12:00:00 -0500 Troubles at General Mills Golden Valley-based General Mills has laid off about 500 more workers in Minnesota. Slowing sales are also forcing the maker of Cheerios cereals to say profits will fall short of earlier projections. This is the second time the company has disclosed problems since acquiring its Twin Cities neighbor Pillsbury last fall. http://news.minnesota.publicradio.org/features/200204/26_catlinb_genmills/?refid=0 Fri, 26 Apr 2002 12:00:00 -0500 Lights out at Fingerhut The first wave of Fingerhut layoffs is complete. In Minnesota about 2,400 of the catalog retailer's employees are out of work. Another 900 in Tennessee are hitting the street. More layoffs are in the offing. And even as negotiations continue over a possible sale of Fingerhut, optimism about the company's future appears to be fading. . http://news.minnesota.publicradio.org/features/200204/05_catlinb_fingerhut/?refid=0 Fri, 05 Apr 2002 12:00:00 -0600 Federated eliminates hundreds of Fingerhut jobs; explores sale of assets Federated Department Stores Inc. said Thursday that it will begin exploring the sale of Fingerhut's assets immediately and will lay off 3,300 employees by April 5. http://news.minnesota.publicradio.org/features/200203/28_catlinb_fingerhut/?refid=0 Thu, 28 Mar 2002 12:00:00 -0600 Promoting industry clusters A group of Twin Cities business and government leaders are promoting an approach to economic development based on industry clusters. The idea is to improve the state's economic vitality by nurturing industries that already have a concentration in Minnesota, such as medical technology. http://news.minnesota.publicradio.org/features/200203/15_catlinb_clusters/?refid=0 Fri, 15 Mar 2002 12:00:00 -0600 Offer made to buy Fingerhut A business group led by turnaround specialist Peter Lytle has signed a letter of intent to purchase Fingerhut. http://news.minnesota.publicradio.org/features/200202/21_catlinb_fingerhutsale/?refid=0 Thu, 21 Feb 2002 12:00:00 -0600 Fewer jobs available in Minnesota A new state survey indicates job openings in Minnesota have declined more than 40 percent in the past year. The report also says the job market in the St. Cloud area is weaker than the state as a whole. http://news.minnesota.publicradio.org/features/200201/18_catlinb_jobsurvey/?refid=0 Fri, 18 Jan 2002 12:00:00 -0600 Thousands to lose job in Fingerhut shutdown Federated Department Stores Inc. announced that it would search for a buyer for its Fingerhut subsidiary, and would close the operation if no buyer is found. http://news.minnesota.publicradio.org/features/200201/16_catlinb_fingerhut/?refid=0 Wed, 16 Jan 2002 12:00:00 -0600 The white-collar blues Minnesota's unemployment rate rose .10 percent to 3.8 last month. The state's jobless rate remains well below the national level, and posted a smaller increase than the nation as a whole in November. But layoffs are rising dramatically among the state's white collar workers, historically a group that has been less vulnerable to job cuts. http://news.minnesota.publicradio.org/features/200112/18_catlinb_unemployment/?refid=0 Tue, 18 Dec 2001 12:00:00 -0600 Is Minnesota in a mood to shop? Retail's crucial holiday shopping season typically contributes about one quarter of a year's sales. The September terror attacks hit an already weak economy, suggesting it will be a subdued holiday shopping season overall. http://news.minnesota.publicradio.org/features/200111/21_catlinb_retailsales/?refid=0 Wed, 21 Nov 2001 12:00:00 -0600 Minnesota losing jobs at rapid rate Minnesota's unemployment rate jumped to 3.7 percent in October - an increase of .4 percent from September. Minnesota's jobless rate remains well below the national rate of 5.4 percent. But the state is losing jobs at a faster rate than the U.S. as a whole. http://news.minnesota.publicradio.org/features/200111/13_catlinb_unemployment/?refid=0 Tue, 13 Nov 2001 12:00:00 -0600 In tough times, church-based job seeking grows As layoffs rise and the job market weakens, church-based support groups for job hunters are growing in number and size in the Twin Cities. The groups typically offer job seekers emotional support and the opportunity to expand their network of contacts. http://news.minnesota.publicradio.org/features/200111/09_catlinb_jobsandprayers/?refid=0 Fri, 09 Nov 2001 12:00:00 -0600 Halloween may signal hopeful holiday shopping season Halloween isn't just kids stuff anymore. It's grown into a commercial event producing nearly $7 billion per year in sales. And despite the attacks of September 11, the National Retail Federation is predicting modest growth in sales this year. Halloween is not normally seen as a gauge of the all-important Christmas season. But this year, some retailers are looking for hopeful signs among the trick or treaters. http://news.minnesota.publicradio.org/features/200110/31_catlinb_halloweenbiz/?refid=0 Wed, 31 Oct 2001 12:00:00 -0600 Earnings season shows depth of business slowdown Twin Cities-based 3M and Imation reported profits Monday. 3M's declined, but its share price rose. Imation posted a big jump in profits, but its stock fell. http://news.minnesota.publicradio.org/features/200110/22_catlinb_3m/?refid=0 Mon, 22 Oct 2001 12:00:00 -0500 Minnesota Public Radio to stay in St. Paul, expand headquarters Minnesota Public Radio said Thursday it plans to stay in St. Paul and expand its downtown headquarters. MPR will keep its current building. It will also purchase a building opposite its current headquarters, across the street to the north, for nearly $8 million and acquire a vacant triangle of land across the street to the west. http://news.minnesota.publicradio.org/features/200110/18_catlinb_mpr/?refid=0 Thu, 18 Oct 2001 12:00:00 -0500 St. Paul Cos. new CEO looks forward to growth period The new head of the St. Paul Cos. says the company is not for sale, but there are things that need fixing. The number four U.S. business insurer Thursday named Jay Fishman of Travelers Insurance Group to head the state's oldest corporation. Fishman says he wants employees to spend corporate dollars with the same care as they spend their own. http://news.minnesota.publicradio.org/features/200110/12_catlinb_fishman/?refid=0 Fri, 12 Oct 2001 12:00:00 -0500 Will attacks prompt a recession? Economists say the terror attacks on the East Coast increase the odds of a recession. While disagreeing on the severity of the impact, they generally agree the consumer's reaction is key. http://news.minnesota.publicradio.org/features/200109/13_catlinb_recession/?refid=0 Thu, 13 Sep 2001 12:00:00 -0500 Ventura responds to terrorist attacks In Minnesota Ventura administration officials say they have no indication that there are any targets of attack in the state. State buildings remained open, with restricted access. The primary election continued, as well. Several high-profile private buildings were closed as precautions. Twin Cities International Airport was shut down as the FAA grounded the nation's air transportation system. http://news.minnesota.publicradio.org/features/200109/11_catlinb_statereax/?refid=0 Tue, 11 Sep 2001 12:00:00 -0500 A break-up for Allina Under pressure from Minnesota Attorney General Mike Hatch, the state's largest health system will split into two independent organizations and make changes in top management. Allina Health System says its hospital and clinic division will separate from its Medica HMO. Hatch has been conducting an audit of the organization and has criticized Allina's spending and financial management. But Allina officials say the decision is not part of any deal, and that Hatch affected little more than the timing of the decision. http://news.minnesota.publicradio.org/features/200107/20_catlinb_allina/?refid=0 Fri, 20 Jul 2001 12:00:00 -0500 Imation at a crossroad Oakdale-based Imation is marking five years of survival as an independent company. The businesses spun off from 3M in July 1996 have struggled to post a profit and the workforce is down by more than half. But the company's CEO says the company's outlook is positive. http://news.minnesota.publicradio.org/features/200107/09_catlinb_imation/?refid=0 Mon, 09 Jul 2001 12:00:00 -0500 Employees uncertain about Honeywell's future With the European Union blocking General Electric's $45 billion purchase of Honeywell International, 6,200 Honeywell employees in Minnesota are wondering what's ahead. http://news.minnesota.publicradio.org/features/200107/03_catlinb_honeywell/?refid=0 Tue, 03 Jul 2001 12:00:00 -0500 Gay Index Measures High Tech Success The vigorous debate over Minnesota's future in a high tech world has featured a variety of prescriptions for prosperity - like using taxpayer dollars to invest in Minnesota start-ups, and spending more state money on high tech research. Now, some controversial new research from Carnegie Mellon University suggests cities that want to promote high tech industry should make themselves attractive to gay men. http://news.minnesota.publicradio.org/features/200106/05_catlinb_gayindex/?refid=0 Tue, 05 Jun 2001 12:00:00 -0500 Minnesota Unemployment Rate Jumps Minnesota's unemployment rate last month hit the highest level in more than four years. http://news.minnesota.publicradio.org/features/200105/15_catlinb_unemployment/?refid=0 Tue, 15 May 2001 12:00:00 -0500 Idled Workers Struggling With Job Search A string of layoffs by Twin Cities companies like 3M, ADC Telecommunications, and a host of smaller firms tell the tale - the job market in Minnesota is softening. Claims for unemployent insurance in Minnesota through most of April soared by 67 percent, compared to the same period last year. And though unemployment remains low, state officials expect it to rise. People looking for a new job will tell you it's harder than they expected. http://news.minnesota.publicradio.org/features/200105/07_catlinb_idled/?refid=0 Mon, 07 May 2001 12:00:00 -0500 Economic Trend: Discouragement on the Rise The economic slowdown is taking a toll on Minnesota's job market. Unemployment remains low, but layoffs and jobless claims are soaring and job growth has shrunk by half. The spate of job cuts is also raising concerns about Gov. Jesse Ventura's goal of cutting state funding for a program to help laid-off workers. http://news.minnesota.publicradio.org/features/200104/30_catlinb_jobs/?refid=0 Mon, 30 Apr 2001 12:00:00 -0500 CEO Salaries Under Fire As Stocks Dive Spring is proxy season, when publicly-traded corporations have to reveal what they pay their top brass. Pay packages for CEOs skyrocketed over the 1990s, surpassing gains in corporate profits and the S&P 500. This spring, with investors nursing their wounds from a punishing drop in stocks, CEOs are taking more heat from shareholders over huge pay packages. And some Minnesota companies are in the crosshairs. http://news.minnesota.publicradio.org/features/200103/28_catlinb_ceo/?refid=0 Wed, 28 Mar 2001 12:00:00 -0600 Key Senator to Hold Hearing on Allina Spending A key lawmaker says he plans to hold a hearing on spending by Allina Health System. Sen. Doug Johnson contends that lucrative consultant contracts, expensive golf and resort outings, basketball tickets and other expenses are driving up health care premiums. http://news.minnesota.publicradio.org/features/200103/22_catlinb_allina/?refid=0 Thu, 22 Mar 2001 12:00:00 -0600 Ventura Finds a Friendly Crowd Gov. Jesse Ventura stumped for his budget at a meeting of the state's largest business group, and got a more friendly reception than some other business interests have offered recently. http://news.minnesota.publicradio.org/features/200103/14_catlinb_budget/?refid=0 Wed, 14 Mar 2001 12:00:00 -0600 Jobs Go Begging, Despite Economic Slowdown A new state survey finds that job openings outnumbered the unemployed in Minnesota by about 2-1 at the end of 2000. http://news.minnesota.publicradio.org/features/200102/23_catlinb_laborshortage/?refid=0 Fri, 23 Feb 2001 12:00:00 -0600 Merger Not Necessary for NWA, Dasburg Says Northwest Airlines' departing CEO and President John Dasburg says he's leaving the airline after more than a decade because a number of important personal and professional factors came together. In an interview with Minnesota Public Radio, Dasburg also outlined his conviction that Northwest does not have to merge with another carrier to thrive in a consolidating industry. http://news.minnesota.publicradio.org/features/200102/22_catlinb_dasburg/?refid=0 Thu, 22 Feb 2001 12:00:00 -0600 Northwest Management Shuffle Fuels Merger Speculation Airline industry analysts say they don't expect major changes in the direction of Northwest Airlines. The Twin Cities-based carrier announced Monday that Chief Operating Officer Richard Anderson will replace CEO John Dasburg, who is leaving to head Burger King. Northwest said Chief Corporate Officer Doug Steenland will take the title of president previously held by Dasburg. Anderson and Steenland have been deeply involved in Northwest's response to labor conflict and airline industry consolidation. http://news.minnesota.publicradio.org/features/200102/20_catlinb_nwaceo/?refid=0 Tue, 20 Feb 2001 12:00:00 -0600 Poll: What, Minnesota Worry? Despite the abrupt national economic slowdown, Minnesotans remain fairly upbeat about their personal circumstances. A Minnesota Public Radio and St. Paul Pioneer Press poll indicates more than 80 percent of state residents feel their household financial situation will be the same or better a year from now. http://news.minnesota.publicradio.org/features/200102/19_catlinb_poll/?refid=0 Mon, 19 Feb 2001 12:00:00 -0600 Talks Between Northwest and Mechanics Break Down The National Mediation Board has broken off talks between Northwest Airlines and its mechanics union. Contract negotiations that have spanned more than four years are again in limbo, suggesting an agreement between the airline and a powerful labor group remains far off. http://news.minnesota.publicradio.org/features/200101/12_catlinb_northwest/?refid=0 Fri, 12 Jan 2001 12:00:00 -0600 Retails Sales Outlook: Good, Not Great How big is your holiday gift budget? A retail industry group expects consumers to spend about six-percent more than last year. But the U.S. economy and retail sales are slowing. http://news.minnesota.publicradio.org/features/200011/24_catlinb_retail/?refid=0 Fri, 24 Nov 2000 12:00:00 -0600 Banker Brothers Unite Minneapolis has gained the headquarters of a top-10 national bank. U.S. Bancorp, the largest remaining locally-based financial-services institution, has agreed to be acquired by Milwaukee-based Firstar. The deal also unites Jack and Jerry Grundhofer, the brothers, who have run the two banks separately. http://news.minnesota.publicradio.org/features/200010/04_catlinb_bank/?refid=0 Wed, 04 Oct 2000 12:00:00 -0500 A State of Denial? A U of M summit on the economy occurs in the midst of a vigorous debate about whether Minnesota is thriving or falling behind. http://news.minnesota.publicradio.org/features/200009/19_catlinb_econ/?refid=0 Tue, 19 Sep 2000 12:00:00 -0500 Capitalizing on U Technology The University of Minnesota is launching an effort to commercialize promising University technologies by bridging the gap between entrepreneurs and academia. Amid worries that Minnesota has fallen behind in the high-tech, information-based economy, many observers say the University must play a central role in keeping Minnesota competitive. http://news.minnesota.publicradio.org/features/200008/21_catlinb_tcc/?refid=0 Mon, 21 Aug 2000 12:00:00 -0500 Northwest Merger Talks Stall and Alliance Talk Emerges Merger talks between Northwest Airlines and American airlines have apparently stalled. The two sides are far apart on the issue of price. Talks occurred after United Airlines announced its plan to buy US Airways. If they're unable to agree on a deal, some analysts think Northwest and American may consider a marketing alliance instead. http://news.minnesota.publicradio.org/features/200008/07_catlinb_alliance/?refid=0 Mon, 07 Aug 2000 12:00:00 -0500 Legislators Consider Impact of Northwest Merger Witnesses told a panel of powerful state lawmakers the state should take an active stance in dealing with a possible takeover of Northwest Airlines. The Legislative Commission on Planning and Fiscal Policy held a hearing this morning to gauge the economic impact on the state if Northwest is acquired. American Airlines has reportedly made an offer for Northwest in response to United Airlines' plans to buy US Airways. http://news.minnesota.publicradio.org/features/200007/26_catlinb_nwa/?refid=0 Wed, 26 Jul 2000 12:00:00 -0500 Negotiating Northwest: Who Profits? While many analysts say the two companies will eventually agree on terms, as one wall street source put it, Northwest has all the leverage. http://news.minnesota.publicradio.org/features/200007/17_catlinb_northwest/?refid=0 Mon, 17 Jul 2000 12:00:00 -0500 NWA-American Merger: A Matter of Time? For weeks, there's been speculation that Northwest and American Airlines are talking merger. Now comes the suggestion that both sides have put numbers on the table, and it's only a matter of time before a deal is struck. http://news.minnesota.publicradio.org/features/200007/12_catlinb_nwaventura/?refid=0 Wed, 12 Jul 2000 12:00:00 -0500 MSP May Survive NWA Merger Many have speculated that the rumored merger of American and Northwest airlines would doom the Twin Cities as a hub for a major airline. Not, more and more analysts say there's room for the Twin Cities among the airline elite. http://news.minnesota.publicradio.org/features/200007/10_catlinb_msp/?refid=0 Mon, 10 Jul 2000 12:00:00 -0500 Rough Air Ahead for Airline Merger United Airlines plan to buy US Airways came in for more flack in Washington. The merger proposal has taken a drubbing in several recent congressional hearings, in part because of concerns it would cause a chain reaction of airline mergers. The drumbeat in Congress may affect the proposed merger. http://news.minnesota.publicradio.org/features/200006/21_catlinb_airlines/?refid=0 Wed, 21 Jun 2000 12:00:00 -0500 Is Northwest Next? United Airlines' plan to buy US Airways has triggered speculation the deal will fuel a new round of mergers and consolidation in the airline industry. Some analysts are singling out Twin Cities based Northwest as a likely target. http://news.minnesota.publicradio.org/features/200005/24_catlinb_airlines/?refid=0 Wed, 24 May 2000 12:00:00 -0500 Will Minnesota Warm to Incubator Solution? Establishing a University-connected business incubator has become one of the more prominent proposals for reinvigorating Minnesota's high-tech economy. Incubators typically offer early-stage businesses low-cost space and a variety of services to help them become viable. They're not a new idea, but they've gained new visibility nationally with the success of a few Internet-related efforts. Incubators can help individual firms, but they're not necessarily the key to a building a high-tech economy. http://news.minnesota.publicradio.org/features/200005/16_catlinb_incubator/?refid=0 Tue, 16 May 2000 12:00:00 -0500 Keeping Ideas in Minnesota Minnesota has been the launching pad for many leading technology businesses in the past. But some entrepreneurs say the state is no longer a good place for high tech start-ups, and the state's share of the U.S. venture capital pie has gone down. Recently several local investors have formed new funds to target Minnesota and the Midwest. But many observers say the state needs to do more to promote high technology, including starting its own venture capital fund. http://news.minnesota.publicradio.org/features/200003/21_catlinb_tech/?refid=0 Tue, 21 Mar 2000 12:00:00 -0600 The Digital Furnace High technology has become a major focus of economic development efforts around the country. Governors and lawmakers across the country are unveiling plans to prevent their states from losing out on the job growth and high wages that characterize successful technology industries. In Pittsburgh, the state's efforts are helping the region emerge from the ashes of the steel industry as a technology powerhouse. http://news.minnesota.publicradio.org/features/200003/20_catlinb_pitt/?refid=0 Mon, 20 Mar 2000 12:00:00 -0600 How Private is the Home Computer? Northwest Airlines and its flight attendants union today resumed negotiations aimed at ending a more than three-and-a-half-year old contract dispute. Meanwhile, the company suspended the bulk of its ongoing effort to search the home computers of flight attendants. A federal judge in St. Paul authorized the searches in connection with a company lawsuit accusing flight attendants of conducting an illegal sickout. The judge has put that lawsuit on hold. But critics say the airline's effort intrudes on First Amendment rights and invades employee privacy. http://news.minnesota.publicradio.org/features/200002/08_catlinb_privacy/?refid=0 Tue, 08 Feb 2000 12:00:00 -0600 A Privacy Bill of Rights Minnesota House Republicans are proposing a Privacy Bill of Rights for Minnesotans. Republicans want to stop state government agencies from selling mailing lists, and force telemarketers to register with the state. http://news.minnesota.publicradio.org/features/200001/08_catlinb_privacy/?refid=0 Sat, 08 Jan 2000 12:00:00 -0600 The Surveillance Society: The Workplace In the workplace, the exploding use of computer networks, e-mail and the Internet, and other digital technologies have made it easy for companies to monitor their employees. And a growing number of employers are starting to keep tabs on workers. But the results can lead to serious problems for management and labor. http://news.minnesota.publicradio.org/features/199911/15_newsroom_privacy/01_catlinb_workplace/?refid=0 Mon, 15 Nov 1999 12:00:00 -0600 Eyes Wide Open The men heading up the partnership to buy the twins are no strangers to professional sports. Glen Taylor owns the Minnesota Timberwolves, while Robert Naegele is managing partner of the Minnesota Wild hockey team. Why are they buying a losing baseball franchise? http://news.minnesota.publicradio.org/features/199910/08_catlinb_twins2/?refid=0 Fri, 08 Oct 1999 12:00:00 -0500 Merger for U.S. Bank and Firstar? The wave of consolidation in banking has slowed since last year, when a flurry of mega-mergers, including the pairing of Norwest and Wells Fargo, reshaped the industry landscape. At the time, many observers wondered whether U.S. Bancorp, the Twin Cities' other major bank, would find a partner. The company has been snapping up smaller California banks, but hasn't made a big move. Banking industry analysts are pondering the possibility that U.S. Bancorp would join up with Firstar of Milwaukee, a merger that would bring together the brothers Grundhofer. http://news.minnesota.publicradio.org/features/199909/27_catlinb_usbank/?refid=0 Mon, 27 Sep 1999 12:00:00 -0500 How It Happened? In a wide-ranging interview with Minnesota Public Radio, Honeywell CEO Michael Bonsignore explains the circumstances that led to the merger of the company with AlliedSignal, and the decision to close the Minneapolis headquarters. http://news.minnesota.publicradio.org/features/199906/18_catlinb_bonsignore/?refid=0 Fri, 18 Jun 1999 12:00:00 -0500 Who's Next? With the number of corporate headquarters moving out of Minnesota on the upswing, the business community waits for another shoe to drop. http://news.minnesota.publicradio.org/features/199906/14_catlinb_takeover/?refid=0 Mon, 14 Jun 1999 12:00:00 -0500 Legislature Gives Minnesota the Business Though not completely happy, business leaders are generally upbeat about legislative session. http://news.minnesota.publicradio.org/features/199905/19_catlinb_bizsession/?refid=0 Wed, 19 May 1999 12:00:00 -0500 Ventura's First 100 Days: Business MPR's Bill Catlin looks at how Ventura's policies affect business in Minnesota. http://news.minnesota.publicradio.org/features/199904/15_catlinb_ventura/?refid=0 Thu, 15 Apr 1999 12:00:00 -0500 Tough Times Minnesota's film industry is in a downward spiral. Ventura tries to help. http://news.minnesota.publicradio.org/features/199903/22_catlinb_film/?refid=0 Mon, 22 Mar 1999 12:00:00 -0600 Frequent-Flyer Miles Bring Airlines Smiles The cost of "free flights" continues to rise along with airlines' profits. http://news.minnesota.publicradio.org/features/199811/11_catlinb_flyer/?refid=0 Wed, 11 Nov 1998 12:00:00 -0600 Deflation and Consumers Rock-bottom prices may seem ideal for consumers, but many businesses - and their employees - are struggling. http://news.minnesota.publicradio.org/features/199803/18_catlinb_consumers/?refid=0 Wed, 18 Mar 1998 12:00:00 -0600 Tobacco and the Stock Market Smokers and non-smokers alike may be surprised to learn how the tobacco trial could affect their personal finances. http://news.minnesota.publicradio.org/features/199801/22_catlinb_tobacbucks/?refid=0 Thu, 22 Jan 1998 12:00:00 -0600 Banking On Fees Are bounced check and ATM fees getting out of hand? Bill Catlin investigates in this three-part series. http://news.minnesota.publicradio.org/features/199709/10_catlinb_bankfees/?refid=0 Wed, 10 Sep 1997 12:00:00 -0500 Online Banking: Is the Convenience Worth the Price? If you use online banking, you do some of the work once the domain of tellers, but the bank doesn't pay you - you pay the bank. http://news.minnesota.publicradio.org/features/199608/01_catlinb_banking/?refid=0 Thu, 01 Aug 1996 12:00:00 -0500