Top News & Analysis Minnesota

  • ROCHESTER, Minn., Aug 26- Bumper corn and soybean crops are expected in the United States this fall but the harvests will likely fall short of records projected by the U.S. government, according to estimates released on Friday from farm advisory service Pro Farmer at the end of its annual Midwest crop tour. The tour sampled fields in South Dakota, Nebraska, Iowa,...

  • WINNIPEG, Manitoba, Aug 26- Wheat futures traded in Chicago dropped to their lowest prices in nearly a decade on Friday, pressured by ample supplies. The Chicago Board of Trade most-active December wheat dropped 15 cents, or 3.5 percent, to $4.08-3/ 4 per bushel at 11:07 a.m. CDT. Technical selling and grain handlers' efforts to move U.S. winter wheat supplies to...

  • The actions, brought under an SEC initiative that encouraged municipal bond issuers to self-report certain violations, involved conduct that occurred between 2011 and 2014, the SEC said. All of the entities involved settled with the SEC without admitting or denying the SEC's findings, the agency said. The action covers a wide range of other issuers and...

  • MINNEAPOLIS— The union representing about 4,800 nurses at five Allina hospitals in the Twin Cities area has notified the company it will begin a strike on Labor Day. The Minnesota Nurses Association is required to give 10 days of notice to Allina so it can make arrangements to maintain patient care. The Star Tribune reports the walkout is to begin at 7 a.m. Sept. 5.

  • SINGAPORE/ PARIS, Aug 26- Chicago soybeans were on track for a weekly decline of almost 3 percent on Friday as a keenly watched U.S. crop-tour pegged above-average yields across the Midwest region. The Chicago Board Of Trade's most active soybean contract has shed 2.7 percent this week, based on prices at 1130 GMT, its first such drop in three weeks.

  • WASHINGTON— Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. Yellen sketched a generally upbeat assessment of the economy in a speech to an annual conference of central bankers in Jackson Hole, Wyoming.

  • SINGAPORE, Aug 26- Chicago soybeans were on track on Friday for a weekly decline of almost three percent as a keenly watched U.S. crop-tour pegged above-average yields across key producing Midwest. Chicago Board Of Trade most-active soybean contract has shed 2.8 percent this week, its first such drop in three weeks. Soybean potential in eastern Iowa looked on...

  • SYDNEY, Aug 26- U.S. soybeans rose for the first time in four sessions on Friday as prices edged up from a two-week low, but the oilseed is heading for a weekly loss of more than 2.5 percent as a U.S. crop tour pegged prospects for the crop at above average. Soybean potential in eastern Iowa looked on par with recent years. *Late on Wednesday, the tour reported...

  • JACKSON HOLE, Wyo., Aug 25- An unusually large group of Federal Reserve policymakers appeared before activists on Thursday and defended their plans to raise interest rates to keep the U.S. economy from eventually overheating. "It's not about trying to stop the economy from growing," San Francisco Fed President John Williams told about 100 labor activists from the...

  • JACKSON HOLE, Wyo., Aug 25- An unusually large group of Federal Reserve policymakers appeared before activists on Thursday and defended their plans to raise interest rates to keep the U.S. economy from overheating. "It's not about trying to stop the economy from growing," San Francisco Fed President John Williams told about 100 members of the Fed Up coalition of...

  • "Monday was a very challenging day for us," Richard Smyth, the Port Authority executive in charge of the LaGuardia renovation, acknowledged Thursday. But critics say the Port Authority must do more to ensure that the airport functions smoothly during the prolonged redevelopment. "They're just not doing a very good job right now, the traffic situation is spiraling...

  • WINNIPEG, Manitoba, Aug 25- Chicago soybean futures slid for a third consecutive session on Thursday, giving up 3 percent to their lowest since mid-August, as a widely watched crop tour reported bumper prospects across the U.S. Late on Wednesday, the tour reported above-average soybean pod counts in Illinois and the western portion of Iowa.

  • WINNIPEG, Manitoba, Aug 25- Chicago soybean futures slid for a third consecutive session on Thursday, diving 2 percent to their lowest since mid-August, as a widely watched crop tour reported bumper prospects across the U.S. Late on Wednesday, the tour reported above-average soybean pod counts in Illinois and the western portion of Iowa. "I think the beans have a...

  • CHARLESTON, W.Va.— In a story Aug. 24 about U.S. Joe Manchin's stance on price hikes for life-saving allergy injection pens, The Associated Press erroneously reported that the cost of a two-dose package of EpiPens rose more than 600 percent in the last nine years. The Democratic West Virginia senator's daughter, Heather Bresch, is CEO of Mylan, the manufacturer of...

  • ST PAUL, Minn. _ Patterson Cos. on Thursday reported fiscal first-quarter net income of $38.9 million. Patterson Cos. expects full-year earnings in the range of $2.60 to $2.70 per share. Patterson Cos. shares have climbed 1 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 6 percent.

  • The Democratic West Virginia senator's daughter, Heather Bresch, is CEO of Mylan, the manufacturer of EpiPens. A two-dose package, costing around $94 nine years ago, rose more than 600 percent to an average cost of $608 in May, according to the Elsevier Clinical Solutions' Gold Standard Drug Database. Her predecessor as CEO made almost $15 million in 2007,...

  • The jump in three-month London U.S. dollar interbank offered rates, a benchmark for more than $300 trillion worth of securities around the globe, has stemmed from moves in the $2.7 trillion U.S. money market fund industry to sidestep new regulations that take effect on October 14. Treasury and other government-related securities in an effort to be exempt from...

  • The actions, brought under an SEC initiative that encouraged municipal bond issuers to self-report certain violations, involved conduct that occurred between 2011 and 2014, the SEC said. All of the entities involved settled with the SEC without admitting or denying the SEC's findings, the agency said. The action covers a wide range of other issuers and...

  • Then along came Jeffrey Bullock, the newly appointed secretary of state for Delaware. Delaware's second-biggest biggest source of revenue was fees from few-questions-asked company registrations and other corporate services. The global pushback against shell companies was threatening to dim Delaware's longstanding appeal as a secretive corporate...

  • MINNEAPOLIS _ Evine Live Inc. on Wednesday reported a loss of $2 million in its fiscal second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share. Four analysts surveyed by Zacks expected $166.3 million.