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
Sept. 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms. July 31, 2008: A plane crash in Minnesota kills three executives of Revel Entertainment and its builder, Tishman Construction.
SAN FRANCISCO, Aug 12- Apple Inc has been discussing how its "HealthKit" service will work with health providers at Mount Sinai, the Cleveland Clinic and Johns Hopkins as well as with Allscripts, a competitor to electronic health records provider Epic Systems, people familiar with the discussions said.
WAKEFIELD, Canada- Canadian Finance Minister Joe Oliver will hold an annual two-day policy retreat in Wakefield to discuss with industrialists, analysts and others where they think the economy is heading.
SACRAMENTO, Calif., Aug 11- All smartphones sold in California would have to come with a "kill switch" to render them inoperable if lost or stolen under a bill passed by the legislature on Monday, the latest effort to stem an epidemic of phone theft in the most populous U.S. state.
Samuel Lightsey is a key government witness against his former boss, Peanut Corporation of America owner Stewart Parnell, and two others.
Federal Reserve Board Vice Chairman Stanley Fischer, Bank for International Settlements Chief Economist Claudio Borio, Sveriges Riksbank Governor Stefan Ingves and Deputy Governor Karolina Ekholm will attend.
CHICAGO, Aug 7- Global commodity merchant Cargill Inc is revamping its energy trading unit after two weak quarters in a row and refocusing on U.S. oil markets for a "fresh start" in fiscal 2015, a top executive said on Thursday. A large third-quarter loss was followed by damage control in the fourth quarter ended May 31.
Aug 7- Cargill Inc, a top global commodities trader, said on Thursday its quarterly earnings fell as drought limited farm services opportunities in the United States and due to a loss stemming from the drop in the value of Venezuela's currency. Plains states, which have similarly impacted rival agribusinesses Archer Daniels Midland Co and Bunge Ltd..
Aug 7- Cargill Inc, a top global commodities trader, said on Thursday its quarterly earnings fell due to a loss stemming from Venezuela's currency exchange rate. The privately held company, based in Minneapolis, reported net earnings of $424 million for the fiscal fourth quarter ended May 31.
NEW YORK, Aug 5- U.S. stocks fell on Tuesday, weighed by earnings such as Target's and a drop in energy shares, but indexes cut losses after strong U.S. data offset a weak reading in China's services sector.
Treasury Secretary Jack Lew gives brief remarks before the Inaugural U.S.-Africa Business Forum in Washington- 1420 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting. Defense Secretary Chuck Hagel visits India.
WASHINGTON- Swedish Finance Minister Anders Borg holds a press conference from the U.S.-Africa Leaders Summit in Washington- 1100 GMT. ATHENS- European Commission President Jean-Claude Juncker visits Athens and meets Greek Prime Minister Antonis Samaras- 0800 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.
*Nonfarm payrolls forecast rising 233,000 in July. WASHINGTON, Aug 1- U.S. job growth likely cooled a bit in July, but retained enough momentum to suggest the economy remained on solid ground. "As long as we have job growth going in the right direction and the labor market tightening up, we are still in a good place," said Robert Dye, chief economist at Comerica in Dallas.
July 31- Target Corp is hiring PepsiCo Inc executive Brian Cornell as its new chief executive, the Wall Street Journal reported. Cornell, who has spent nearly a decade at PepsiCo, was a contender to succeed PepsiCo CEO Indra Nooyi, the Journal said.
WASHINGTON, July 30- Under Democratic President Barack Obama, the U.S. NLRB General Counsel Richard Griffin announced on Tuesday that McDonald's, not just its franchisees, can be liable for alleged labor law violations.
July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expected the MLP to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.
*By invoking 1969 law, Obama could bypass Congress- former Treasury official. *Treasury Secretary Lew renews call for urgent action by U.S. Congress.
WASHINGTON, July 28- President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.
At least eight European law firms are pitching their services to major U.S. law firms and Wall Street banks, hoping that U.S. companies considering an inversion choose Ireland, Britain or the Netherlands for their new tax domicile, according to people with knowledge of the matter.
*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.