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Top News & Analysis Minnesota

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  • 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.

  • US home rents rose in July as ownership market cooled Tuesday, 25 Aug 2015 | 8:30 AM ET

    On a month-to-month basis, rents increased in Baltimore, Boston, Minneapolis, Phoenix and Washington, D.C. By contrast, home values in those markets declined. The trend is most pronounced around Washington, where home values slipped on an annual as well as on a monthly basis. Over the past 12 months, the median home price in Washington fell 0.7 percent to $356,500.

  • Valspar tops 3Q profit forecasts Tuesday, 25 Aug 2015 | 7:39 AM ET

    MINNEAPOLIS _ Valspar Corp. on Tuesday reported fiscal third-quarter earnings of $102.9 million. Valspar expects full-year earnings in the range of $4.55 to $4.65 per share. Valspar shares have fallen 12 percent since the beginning of the year.

  • Best Buy 2Q performance beats analysts' expectations Tuesday, 25 Aug 2015 | 7:09 AM ET

    NEW YORK— Best Buy's turnaround is charging ahead. Best Buy's results are benefiting from an overall shift in consumer spending toward big ticket items in the home amid improving home values. "The home focus is very meaningful, when you think about our competitive advantages," Best Buy's CEO Hubert Joly told The Associated Press in an interview Tuesday.

  • NEW YORK, Aug 24- Wall Street's selloff on Monday, sparked by a near-9 percent dive in Chinese shares, was a long-overdue correction that analysts said is unlikely to undermine support for U.S. stocks going forward. "We are unlikely to be going into a bear market," said Jason Ware, chief investment officer at Albion Financial Group, which manages about $1 billion for...

  • BISMARCK, N.D.— North Dakota regulators approved the ownership transfer Monday of an unfinished $300 million wind farm project in the southeastern part of the state to a Minneapolis utility. The Public Service Commission approved the transfer of the Courtenay Wind Farm near Jamestown from Edina, Minnesota- based Geronimo Energy to Xcel Energy.

  • Aug 24- Target Corp has agreed to pay $2.8 million to settle a U.S. Equal Employment Opportunity Commission charge that it used hiring tests that disproportionately screened out candidates for various professional positions based on race and gender. The EEOC on Monday said three "employment assessments," which Target no longer uses, were not sufficiently...

  • MINNEAPOLIS— Target Corp. has agreed to pay $2.8 million to settle a hiring discrimination claim filed by the U.S. Equal Employment Opportunity Commission, the federal agency announced Monday. Three employment assessments formerly used by the Minneapolis- based retailer disproportionately screened out applicants for professional positions based on...

  • CHICAGO, Aug 21- The amount of turkey in U.S. freezers grew more than anticipated last month despite an outbreak of bird flu that killed more than nine million turkeys, experts said following Friday's government monthly cold storage report. The U.S. Department of Agriculture storage report also showed record-high pork and ham inventories for a second month in a...

  • Correction: Supermarket Knife Attack story Friday, 21 Aug 2015 | 4:31 PM ET

    SACO, Maine— In a story Aug. 19 about the stabbing death of a woman at a Maine supermarket, The Associated Press, relying on information from police, reported erroneously the gender of the suspect. Woman dies after stabbing at Shaw's supermarket in Maine. SACO, Maine— Police say a woman has been killed in a knife attack at a supermarket in southern Maine.

  • Economic issues occupied a small portion of the GOP's first presidential primary debate last month, a stark contrast from the primary debates of 2012, which focused heavily on jobs and the economy. In Nevada, which will pick Republican and Democratic nominees Feb. 20, unemployment is still high at 6.8 percent. Nevada has added about 45,000 jobs in the past year,...

  • MIDWEST CROP TOUR ESTIMATES MINNESOTA AVG 2015 CORN YIELD AT 190.87 BUSHELS PER ACRE, UP FROM TOUR ESTIMATE OF 170.76 IN 2014, AND 3- YEAR TOUR AVG OF 169.35.

  • PRO FARMER CROP TOUR ESTIMATES MINNESOTA AVG 2015 SOYBEAN POD COUNT AT 1,119.22 IN 3- BY-3 FOOT AREA, UP FROM 1,031.54 IN 2014, AND 3- YEAR TOUR AVG OF 945.10.