Amid a soft economy, one pocket of America is doing very well—the Twin Cities of Minneapolis and St. Paul, Minnesota. What's their secret sauce?» Read More
*General Dynamics, Northrop beat profit estimates. *General Dynamics reports higher aerospace orders. July 23- U.S. weapons makers General Dynamics Corp and Northrop Grumman Corp raised their 2014 profit forecasts as cost cutting allowed them to improve profitability even as defense spending by the U.S. government remained low.
CHICAGO, July 23- As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool- giant sausage-shaped storage bags- to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc..
NEW YORK— Target is introducing an app that lets users purchase items after scanning magazine ads with their smartphones. It's the latest offering from retailers looking to boost sales with the use of improving image-recognition technology.
BISMARCK, N.D.— North Dakota's congressional delegation is pressing Canadian Pacific Railway to provide details of its backlog of grain shipments, saying farmers need detailed information with fall harvest fast approaching. But Sen John Hoeven, R- N.D., Sen. Heidi Heitkamp, D- N.D., and Rep.
July 22- Harley-Davidson Inc cut its full-year forecast for motorcycle shipments on Tuesday, citing weaker-than-expected U.S. retail sales and a delay in getting its newest bike into dealer showrooms.
NEW YORK— CBS Outdoor Americas Inc. said Monday that it will buy about 1,100 billboards from rival Van Wagner Communications for $690 million in cash, giving the outdoor advertising company control of more billboards in some of the largest cities around the country.
WASHINGTON— Americans consider insurance and a good bedside manner in choosing a doctor, but will that doctor provide high-quality care? Just 22 percent of those questioned are confident they can find information to compare the quality of local doctors, according to the poll by The Associated Press-NORC Center for Public Affairs Research.
RENO, Nev.— A Utah company's cancellation of an annual fun run featuring a muddy, foamy obstacle course has left participants out of money in Nevada, Oregon and other states. Registered runners for the 5 K Foam Fest set for Aug. 2 in Reno received an email Thursday from Spanish Fork, Utah- based Round House Racing saying it went out of business and the event was canceled.
TOLEDO, Ohio— There's enough sand, soil and mud scooped out of Toledo's and Cleveland's harbors each year to fill the Indians' ballpark to the top of its upper deck. All the silt dredged to keep open the shipping channel in Toledo is dumped into Lake Erie while the sediment from Cleveland goes into disposal facilities that are filling up fast.
Lacey Spears, of Scottsville, Kentucky, has pleaded not guilty to charges of depraved murder and manslaughter in the January death of her son, Garnett-Paul Spears, whose sodium levels rose to an extremely dangerous level with no medical explanation.
WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.
TORONTO, July 17- Canadian Pacific Railway Ltd reported stronger-than-expected results on Thursday, and said rising freight volumes and prices should push already record results to new highs later this year. The shares of the Calgary- based railway, which have risen some 20 percent since its last quarterly report, surged as much as 4.7 percent on the news.
UnitedHealth Group's second-quarter earnings slipped 2 percent on a rise in taxes and other expenses, but the nation's largest health insurer still trumped analysts' expectations. UnitedHealth said it earned $1.41 billion, or $1.42 per share, in the three months that ended June 30.
ST. PAUL, Minn.— New figures related to Minnesota's employment rate are being released. The state's Department of Employment and Economic Development planned Thursday to provide the unemployment rate for June. Minnesota's seasonally adjusted unemployment rate for May was 4.6 percent, the lowest level in seven years.
MINNEAPOLIS— Select Comfort Corp. on Wednesday reported profit that decreased by 15 percent in its second quarter, and beat analysts' expectations. The Minneapolis- based company said net income fell to $8.5 million, or 16 cents per share, from $9.9 million, or 18 cents per share, in the same quarter a year ago.
DENVER— Your swimsuit and your sunscreen are in the luggage, and your boarding passes are all printed out. But did you remember your gadgets and chargers? Did you download enough entertainment?
All 12 of the Fed's regions reported growth with five— New York, Chicago, Minneapolis, Dallas and San Francisco— characterizing growth as "moderate" while the others reported "modest" growth. Boston and Richmond reported that growth came in at a slightly slower pace than the previous reporting period.
MINNEAPOLIS— Minnesota Power has agreed to install technology to reduce air pollution from three coal-fired plants in northeastern Minnesota, government officials and the company said Wednesday.
ST. PAUL, Minn.— St. Jude Medical Inc. on Wednesday reported earnings that more than doubled in its second quarter, and topped analysts' expectations. The St. Paul, Minnesota- based company said profit rose to $270 million, or 93 cents per share, from $115 million, or 40 cents per share, in the same quarter a year ago.
MINNEAPOLIS— U.S. Bancorp on Wednesday reported earnings that rose by 1.6 percent in its second quarter, and beat analysts' expectations. The Minneapolis- based bank reported net income after dividends on preferred stock of $1.43 billion, or 78 cents per share, compared with $1.41 billion, or 76 cents per share, in the same quarter a year ago.