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Top News & Analysis Minnesota

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  • On Thursday the National Labor Relations Board ruled the owner of a California recycling plant was a "joint employer" with the contractor that hired workers at the plant, essentially forcing both to bargain with the union together or risk violating U.S. labor law. Unions see the decision as a breakthrough not just in efforts to help employees organizes at...

  • PIERRE, S.D.— The South Dakota tourism industry is surging this year, spurred on by good weather, low gas prices and landmark events such as the 75th Sturgis Motorcycle Rally, officials say. At the end of July, there were nearly $350 million in tourism taxable sales, which is more than 14 percent higher than the same period last year, according to information provided...

  • Aug 28- Wall Street was moderately lower on Friday afternoon after comments by a top Federal Reserve official suggested that a September rate rise was more likely than some investors expected. Many on Wall Street have hoped the recent global market turbulence and worries about China's economy would lead the Fed to hold off raising rates, an expectation...

  • ST. PAUL, Minn.— There were no quick answers Friday for UCare or Minnesota officials in the Minneapolis health care provider's case against the state, as a Minnesota judge said he'll decide sometime before a key deadline next week whether to give the company more time to win back its public health plan contracts. During the case's first hearing Friday, Ramsey...

  • EDINA, Minn.— Shares of Regis Corp. dropped 10 percent in morning trading on Friday after the hair salon owner reported a continued decline in quarterly revenue. The owner of hair salon chains Supercuts and MasterCuts said it had a loss of $2.6 million, or 5 cents per share. The Edina, Minnesota- based company revenue fell 4 percent to $462.9 million in the period.

  • Democratic Party lags in money before presidential year Thursday, 27 Aug 2015 | 11:17 AM ET

    MINNEAPOLIS— The Democratic National Committee barely has more cash than it does IOUs, and it is being outraised month after month by its Republican competitor. Its $24 million debt from the 2012 presidential election, only recently paid down, has squeezed investments in the next White House race. The Republican National Committee, coming out of years in the red,...

  • Rival insurers object to UCare's lawsuit against state Thursday, 27 Aug 2015 | 9:51 AM ET

    ST. PAUL, Minn.— Three major health insurers have urged a Minnesota court to deny a rival's efforts to force the state to allow it to retain its contracts to cover thousands of low-income residents, arguing that supporting that rival's request would be unfair and hurt their businesses. UCare sued state officials in Ramsey County court last week in an attempt to...

  • Patterson Cos. reports 1Q profit of $29.7 million Thursday, 27 Aug 2015 | 7:21 AM ET

    ST. PAUL, Minn.— Patterson Cos. on Thursday reported fiscal first-quarter profit of $29.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for adjusted earnings of 54 cents per share. Patterson Cos. expects full-year earnings in the range of $2.40 to $2.50 per share.

  • Greatbatch buying Lake Region Medical in $1.73B deal Thursday, 27 Aug 2015 | 7:03 AM ET

    FRISCO, Texas— Medical components maker Greatbatch is buying Lake Region Medical in a cash-and-stock deal valued at about $1.73 billion. Greatbatch Inc. will pay about $478 million in cash, assume approximately $1 billion of Lake Region Medical Inc.' s debt and issue 5.1 million shares of common stock and options to Lake Region Medical's shareholders.

  • Poor U.S. bond sales raise concerns about foreign demand Wednesday, 26 Aug 2015 | 7:40 PM ET

    Treasury auctions this week has bond mavens wondering if China and other emerging market central banks are spending their foreign exchange reserves at home to offset investor flight during market turbulence rather than buying U.S. debt. The selling pressure was pronounced enough to prompt prominent bond market players to wonder if these long-time buyers,...

  • But the USDA has yet to give the clearance that would allow any chicken sites in Iowa, the top egg-producing state, to bring in replacements. The USDA clears farms on a case by case basis after testing to make sure the virus has been eliminated. Minnesota and Iowa turkey farms, infected before some of the chicken farms, have begun restocking thanks to a faster cleanup...

  • NEW YORK— General Mills is recalling about 60,000 packages of its Cascadian Farm frozen green beans after one package tested positive for listeria. The Cascadian Farm recall is for 10- ounce bags of the green beans with "Better If Used By" dates between April 10, 2016 and April 11, 2016. General Mills Inc. says customers should throw out the recalled product and...

  • NEW YORK, Aug 26- Longer-dated U.S. Treasuries prices stumbled on Wednesday after a top Federal Reserve official scaled back his view of a rate increase in September in the wake of market turbulence stemming from worries about China's economy. The movement of the yield curve is consistent with Dudley's comments, "said Gene Tannuzzo, portfolio manager at...

  • Walker talks tough on China while campaigning in Iowa Wednesday, 26 Aug 2015 | 3:51 PM ET

    DENISON, Iowa— GOP presidential candidate Scott Walker renewed his call Wednesday for President Barack Obama to cancel an official state visit with the president of China, saying the move would not hurt trade with states like Iowa, where he was spending the day campaigning, or Wisconsin where he is governor. Walker defended the call on Wednesday when asked about...

  • Dish and Sinclair agree in principle on new contract Wednesday, 26 Aug 2015 | 10:42 AM ET

    NEW YORK— Dish Network and Sinclair Broadcast Group, one of the largest TV broadcasters in the U.S., said Wednesday they've agreed on the outline of a new contract, one day after Sinclair's channels went dark for Dish customers. Sinclair's channels include affiliates of ABC, CBS, CW, Fox and NBC in markets throughout the country, including Washington DC, Seattle/...

  • Evine Live reports 2Q loss Wednesday, 26 Aug 2015 | 8:09 AM ET

    MINNEAPOLIS— Evine Live Inc. on Wednesday reported a loss of $3 million in its fiscal second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. Three analysts surveyed by Zacks expected $156.6 million.

  • Urban areas where commuters endure the most extra hours Wednesday, 26 Aug 2015 | 12:01 AM ET

    Traffic congestion nationally reached a new peak last year and is greater than ever before, according to a report by the Texas A&M Transportation Institute and INRIX Inc. Their analysis is based on federal data on the number of cars on the road and on traffic speed data collected by INRIX on 1.3 million miles of urban streets and highways. 1. Washington, D.C.-...

  • ST. PAUL, Minn.— State officials are weighing a question that could drastically expand Minnesota's medical marijuana program and offer hope of relief to thousands of residents: Should it allow people with intractable pain to buy the new drug? The final decision is subject to some of the same political pressures and unease that shaped Minnesota's new law into one...

  • The lawsuits were filed between last month and Monday by Ashley Madison users in California, Texas, Missouri, Georgia, Tennessee and Minnesota. "Needless to say, this dumping of sensitive personal and financial information is bound to have catastrophic effects on the lives of the website's users," according to a lawsuit filed Friday on behalf of an anonymous Los...

  • US STOCKS-Wall St posts biggest rally of the year Tuesday, 25 Aug 2015 | 11:14 AM ET

    *China cuts interest rate for second time in two months. Aug 25- U.S. stocks posted their sharpest rally of the year on Monday, as investors sought out bargains a day after Wall Street's worst performance in four years on fears China's economy was slowing. Markets also got a shot of good news with China's second interest rate cut in two months.