GO
Loading...

Minnesota

More

  • MINNEAPOLIS— Poultry producers in the nation's top turkey state are taking extra steps to protect their flocks after a devastating strain of bird flu was confirmed at two Minnesota farms in as many days last week, a disease that had already slammed the doors shut on some key export markets. The confirmation Saturday of the highly pathogenic H5N2 strain of avian...

  • NEW YORK— Home and security products company Fortune Brands Home& Security Inc. will buy the cabinet maker Norcraft Companies Inc. for about $600 million. Deerfield, Illinois- based Fortune Brands will pay $25.50 per share, marking a 14.7 percent premium to Eagan, Minnesota- based Norcraft's closing price on Friday. Fortune Brands will launch a tender offer for...

  • Norcraft misses 4Q profit forecasts Monday, 30 Mar 2015 | 8:39 AM ET

    EAGAN, Minn. _ Norcraft Cos. on Monday reported fourth-quarter net income of $4.5 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. Norcraft shares have climbed 19 percent since the beginning of the year.

  • The nation's largest health insurer, UnitedHealth, will muscle up for its fight against rising prescription drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp.. UnitedHealth and Catamaran said Monday that their deal will combine businesses that have "distinctive, rapidly growing specialty pharmacy services" for a...

  • ALBUQUERQUE, N.M.— The federal Bureau of Reclamation oversees several large-scale projects aimed at delivering drinking water to rural communities in the West. Would provide for a single water treatment plant along the Missouri River and distribution of water through 3,200 miles of pipeline in northeastern Montana. Would replace existing water and...

  • ALBUQUERQUE, N.M.— A pipeline project intended to bring billions of gallons of water a year to a drought-stricken section of eastern New Mexico represents a lifeline to parched communities that are quickly running out of water. Others call for piping water from Lake Powell to southeastern Utah and for taking water from Wyoming across Colorado's Front Range...

  • Best Buy is laying off 500 full-time and 1,000 part-time employees in Canada as it consolidates operations. The Richfield, Minnesota- based company also announced Saturday that it will close 66 of its Future Shop locations and rebranding the remaining 65 as Best Buy stores. After the changes, Best Buy will have 192 locations across Canada, including 136...

  • MINNEAPOLIS— An outbreak of a deadly bird flu strain spread to one of the top poultry producing counties of the nation's top turkey producing state of Minnesota, government officials confirmed on Saturday, raising fears that the that the highly contagious disease could seriously damage the industry. The highly pathogenic H5N2 strain of avian influenza has...

  • Stored for decades in attics, closets and a bank safe-deposit box in New Jersey, the gun belonging to former IRS agent Michael Malone— and possibly used by members of Al Capone's gang— is headed to Las Vegas, where it will be part of an the exhibit at The Mob Museum beginning in mid-April. "Michael Malone was, I believe, the greatest undercover agent in the history of law...

  • ST. PAUL, Minn.— Minnesota Senate Democrats produced a two-year budget outline Friday that would commit $555 million more for education programs and sock $250 million extra into state reserves, a framework that lands them between the ambitions of Gov. The $42.7 billion, two-year plan from the Senate's majority party contains far less in tax relief than the House...

  • March 26- Builders FirstSource Inc, a U.S. supplier of residential building products, is in discussions to acquire peer ProBuild Holdings Inc for approximately $1.5 billion, including debt, three people familiar with the matter said on Thursday. The negotiations between Builders FirstSource and privately held ProBuild are ongoing and may not lead to an...

  • March 26- Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting...

  • House Roll Call: Republicans approve conservative budget Wednesday, 25 Mar 2015 | 7:19 PM ET

    The 228-199 roll call Wednesday by which the House passed a conservative budget that relies on nearly $5 trillion in cuts to eliminate deficits over the next decade, calls for repealing the health care law and envisions transformations of the tax code and Medicare. Republicans— Aderholt, Y; Brooks, Y; Byrne, Y; Palmer, Y; Roby, Y; Rogers, Y. Republicans— Crawford, N; Hill, Y;...

  • H. B. Fuller misses 1Q profit forecasts Wednesday, 25 Mar 2015 | 6:39 PM ET

    ST PAUL, Minn. _ H. B. Fuller Co. on Wednesday reported fiscal first-quarter profit of $9.7 million. H. B. Fuller expects full-year earnings to be $2.60 per share, with revenue expected to be $2.15 billion. H. B. Fuller shares have decreased slightly more than 4 percent since the beginning of the year.

  • 32 indicted in in Colorado illegal marijuana operation Wednesday, 25 Mar 2015 | 3:41 PM ET

    DENVER— A Colorado grand jury has indicted 32 people on charges that they illegally grew and shipped thousands of pounds of marijuana to other states, most commonly Minnesota. Authorities believe the group made about $12 million during the four years it operated, The Denver Post reported Wednesday. The indictment came after authorities raided several Denver...

  • Dayton to urge airport managers to set $10 minimum wage Wednesday, 25 Mar 2015 | 2:22 PM ET

    Mark Dayton on Wednesday publicly urged the commission that runs the Minneapolis-St. Paul International Airport to quickly adopt a $10 minimum wage. Dayton, who appoints members of the Metropolitan Airports Commission, issued his call in remarks at the Muslim American Society's Capitol lobby day. If the higher wage was implemented immediately it would mean...

  • US STOCKS-Wall St falls as short-term technicals weaken Wednesday, 25 Mar 2015 | 12:51 PM ET

    *Kraft up 42 pct, Kofax adds 46 pct after separate deal news. NEW YORK, March 25- U.S. stocks fell on Wednesday, with losses accelerating after short-term technical indicators failed and after a gauge of industrial orders that unexpectedly fell last month. "The S&P was trying to hold just below 2,090 but failed; maybe it's not much more than technical levels traders...

  • Christopher & Banks posts 4Q profit Tuesday, 24 Mar 2015 | 4:18 PM ET

    PLYMOUTH, Minn. _ Christopher& Banks Corp. on Tuesday reported fiscal fourth-quarter net income of $32.2 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Plymouth, Minnesota- based company said it had profit of 86 cents. For the year, the company reported profit of $47.1 million, or $1.24 per share.

  • New power grid manager poised to open at Little Rock Tuesday, 24 Mar 2015 | 1:43 PM ET

    LITTLE ROCK, Ark.— A nonprofit company that manages the power grid from the Gulf Coast to Manitoba unveiled a new operations center in Arkansas on Tuesday, saying it moved to the state because it's not prone to hurricanes and has an increasingly talented workforce. The Midcontinent Independent System Operator control room will manage power production and...

  • Parents seeking urban lifestyles for kids Tuesday, 24 Mar 2015 | 3:26 AM ET

    SEATTLE— A small but growing number of parents are bucking a trend when it comes to raising their kids: Rather than move to suburbs as their parents once did, many are opting to stay in or near downtown. Parents in cities across the country, including Seattle, Minneapolis and Denver, are banding together to advocate for new downtown schools, more playgrounds and more...