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Minnesota

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  • WASHINGTON— The never-ending political fight over health care hit the Supreme Court Wednesday, and insurance coverage for millions of Americans is on the line. Yes, but foes of President Barack Obama's signature law hope this time the justices will gut "Obamacare." Actually, a lot has changed since the Supreme Court's big health care decision of 2012..

  • Fed survey finds US economy growing at moderate pace Wednesday, 4 Mar 2015 | 2:01 PM ET

    The Boston district said businesses in its area remained upbeat despite a series of huge snowstorms. Fed Chair Janet Yellen delivered the central bank's semiannual economic report to Congress last week and indicated that the Fed is still willing to be "patient" in terms of raising interest rates because of weak wage growth and inflation well below the Fed's 2...

  • Mark Dayton said Wednesday he is seeking a meeting soon with Target Corp.' s chief executive about the significant layoff affecting employees at the company's Minnesota headquarters. Tina Smith want to hear directly from CEO Brian Cornell about the discount retailer's commitment to the state and how it will conduct the downsizing at Minnesota's largest...

  • *Europe equities fall after regional PMI data. NEW YORK, March 4- Stock prices around the world fell on Wednesday on profit-taking, while the euro dropped to an 11-1/ 2 year low ahead of a European Central Bank meeting where policymakers are expected to offer details on their bond purchase stimulus plan. Brent crude was just below $60 a barrel after Saudi Arabia's...

  • Markit, ISM services data on tap. Shortly after the opening bell, two readings on the services sector are expected with the final February reading of financial data firm Markit's Purchasing Managers Index at 9:45 a.m.. The Institute for Supply Management's gauge on the services sector in February is scheduled for a 10 a.m. release.

  • March 3- U.S. retailer Target Corp, which has been battling back after a massive data breach and sluggish performance, on Tuesday said it will eliminate several thousand jobs, mainly from headquarters locations in the United States and India, as it aims to cut $2 billion in costs over two years. Target said the job cuts would primarily come from corporate locations...

  • NEW YORK— Target Corp. is cutting several thousand jobs as part of a plan to eliminate $2 billion in costs over the next two years. Target also plans to invest between $2 billion and $2.2 billion in capital expenditures for the current fiscal year. We have to create a more innovative culture, " Brian Cornell, Target's CEO told analysts Tuesday at a meeting in New York...

  • Best Buy Co. raised its quarterly dividend 21 percent and plans to give shareholders an additional one-time payment after the nation's largest electronics chain reported a better-than-expected fourth-quarter profit. Best Buy will pay the special cash dividend and the increased regular quarterly payout on April 14 to shareholders of record at the close...

  • Best Buy beats 4Q profit forecasts Tuesday, 3 Mar 2015 | 7:43 AM ET

    RICHFIELD, Minn.— Best Buy Co. on Tuesday reported fiscal fourth-quarter earnings of $519 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Best Buy shares have fallen roughly 1 percent since the beginning of the year, while the Standard& Poor's 500 index has increased almost 3 percent.

  • EVANSVILLE, Ind.— Personal finance company Springleaf Holdings is buying Citigroup's OneMain Financial for $4.25 billion. The Citigroup subsidiary, originally founded as Commercial Credit, has about 5,600 employees. Citi said that it will use part of the proceeds from the sale to retire certain funding that currently supports Citi Holdings.

  • IOWA CITY, Iowa— Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions. Taser is planning to send two of them to speak at luxury hotels in Australia and the United Arab...

  • WASHINGTON— Congressional Republicans sent a message Monday that they hope the Supreme Court and voters will hear: They have ideas to keep the country's health care system from crumbling if the justices obliterate a bedrock feature of President Barack Obama's heath care law. They were released in the run-up to Wednesday's oral arguments before the Supreme...

  • Stratasys reports 4Q loss Monday, 2 Mar 2015 | 7:27 AM ET

    EDEN PRAIRIE, Minn. _ Stratasys Ltd. on Monday reported a loss of $92 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Stratasys expects full-year earnings in the range of $2.07 to $2.24 per share, with revenue in the range of $940 million to $960 million.

  • Maine mill joins complaint against Canadian paper maker Saturday, 28 Feb 2015 | 11:59 AM ET

    MADISON, Maine— Madison Paper Industries has joined a Minnesota paper mill seeking higher import duties on a special publishing paper made by a Canadian mill. The Morning Sentinel reports they filed a complaint Thursday with the U.S. International Trade Commission and U.S. Department of Commerce against Port Hawkesbury Paper in Nova Scotia.

  • House Roll Call: Approving 1-week DHS funding bill Friday, 27 Feb 2015 | 10:25 PM ET

    The 357-60 roll call Friday by which the House approved a bill to fund the Homeland Security Department for one week. The bill goes to President Barack Obama for his signature. Republicans— Aderholt, X; Brooks, N; Byrne, Y; Palmer, N; Roby, Y; Rogers, Y.

  • Recalls this week: hand trucks, ceiling fans Friday, 27 Feb 2015 | 3:10 PM ET

    DETAILS: Cosco Home& Office Products 3- in-1 convertible aluminum hand trucks with model numbers 12-301 ABL and 12-301 ABL1. They were manufactured from January 2009 to October 2011. They were sold at Ace Hardware, Costco Wholesale Club, Lowe's, Price Mart and United Stationers and online at The Home Depot.com from March 2009 to October 2011.

  • Northern Oil and Gas beats Street 4Q forecasts Friday, 27 Feb 2015 | 5:13 AM ET

    WAYZATA, Minn. _ Northern Oil and Gas Inc. on Thursday reported fourth-quarter net income of $103.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Northern Oil and Gas shares have climbed 44 percent since the beginning of the year.

  • ST. PAUL, Minn.— A near-doubling of Minnesota's projected budget surplus to $1.87 billion had Gov. Their responses to the benchmark economic report provided a clear view of competing priorities as they, along with a Democratic-led Senate, craft a new two-year budget. The surplus— calculated using a raft of economic data compiled by state finance officials— is...

  • ST. LOUIS PARK, Minn.— A Minnesota band camp is giving baby boomers and younger musicians a chance to prove they are never too old to rock and roll. Since 2009, Rock Camp for Dads has allowed hundreds of dads— and moms— to unleash their inner Jimi Hendrix without the hassle and costs of organizing a band. Tom Hammersten, 52, an insurance company underwriter, recently sang...

  • UnitedHealth tightens rules covering hysterectomies Thursday, 26 Feb 2015 | 7:10 PM ET

    NEW YORK— UnitedHealth, the largest U.S. health insurer, said Thursday it is tightening its coverage rules on hysterectomies. UnitedHealth said in a notice to providers it won't approve the procedure if it concludes that the operation isn't medically necessary. UnitedHealth Group Inc. says the changes are based on recommendations from the American Congress...