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Top News & Analysis Minnesota

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  • 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.

  • ROCHESTER, Minn., Aug 20- Corn and soybean crops in Minnesota were both showing potential that topped historical averages and last year's harvest, according to results from the Pro Farmer Midwest Crop Tour released on Thursday. A year ago, scouts on the tour calculated the average Minnesota corn yield at 170.76 bushels per acre. The U.S. Agriculture Department has...

  • Target in deal to settle breach claims with Visa Wednesday, 19 Aug 2015 | 8:24 AM ET
    A Target store in Edgewater, N.J.

    Target reached a deal to pay up to $67 million to settle Visa claims related to a 2013 data breach that resulted in the debit and credit card theft.

  • WASHINGTON, Aug 18- Republican presidential contender Scott Walker on Tuesday unveiled his healthcare plan: repeal Obamacare and replace it with age-based tax credits that Americans could use to offset the cost of purchasing their own coverage. Under his plan, the Wisconsin governor said he would give up to $3,000 directly to taxpayers to buy health...

  • *Empire State manufacturing way below expectations. NEW YORK, Aug 17- World equity indexes gained modestly on Monday as upbeat U.S. housing data helped Wall Street shrug off a weak manufacturing report, while the prospect of higher U.S. interest rates lifted the dollar for a third day. Earlier, stocks had dropped as Empire State data showed August manufacturing...

  • Aug 17- Pump and valve maker Pentair Plc agreed to buy fastening products maker Erico Global Co for $1.8 billion in cash, weeks after activist investor Nelson Peltz asked the company to bulk up through deals. Peltz's Trian Fund Management reported a 7.2 percent stake in Pentair in June, becoming the company's third largest shareholder. Pentair Chief Executive...

  • *Zulily soars on Liberty Interactive's $2.4 bln buyout offer. *Tesla jumps after Morgan Stanley upgrade. Aug 17- Wall Street erased earlier losses to notch modest gains in late morning trading on Monday after data showed that U.S. homebuilder sentiment rose in August to its highest level in nearly a decade.

  • 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...

  • "The size of the increase was a surprise- it is a slap in the face," said Rich Nelson, analyst at Allendale Inc.. Corn and soybean futures fell sharply after the report was released, with Chicago Board of Trade new-crop November soybean futures sliding 5.8 percent to its lowest since mid-June. Corn production was seen at a 13.686 billion bushels, with average yield...

  • Record soybean yields were forecast in eight states, including Minnesota and Nebraska. Harvested soybean acres were seen at a record 83.549 million acres, but down from the USDA's previous outlook. The USDA left its projection for corn-harvested acres unchanged at 81.101 million.

  • The oil dispersant, Corexit EC9500A, was deployed during the deadly Gulf of Mexico Deepwater Horizon disaster in 2010. The U.S. Environmental Protection Agency had concluded in a June 2010 report that Corexit 9500 A was "slightly toxic" to mysid shrimp found in the Gulf of Mexico. Canadian Environment Minister Leona Aglukkaq proposed in July that energy...

  • Aug 6- Pomegranate juice maker Pom Wonderful LLC cannot stop a smaller rival from selling a pomegranate-flavored energy drink with a similar name, a federal court ruled on Thursday. District Judge Margaret Morrow in Los Angeles said in her ruling that Pom did not deserve an injunction because it could not show it would be harmed without one.

  • BRIDGEPORT, NJ, Aug 6- As the Federal Reserve puzzles over what is holding back U.S. wages and productivity six years into the economic recovery, a pasta sauce company in New Jersey may offer some answers. Chelten House Products makes private-label sauces and dressings for high-end grocers such as Whole Foods, Trader Joe's and Kroger, and has doubled its workforce...

  • Aug 6- Global commodities trader Cargill Inc reported a net quarterly loss on Thursday due to one-time charges and lower profit in three of its four business segments, citing an economic slowdown in emerging markets. The privately held company, based in Minnesota, posted a net loss of $51 million for the fiscal fourth quarter ended May 31, compared with a profit of...

  • Aug 6- Global commodities trader Cargill Inc reported a net quarterly loss on Thursday due to one-time charges in the three months ended May 31, but said its core business segments were profitable in the period. The privately held company, based in Minnesota, reported net loss of $51 million for the fiscal fourth quarter, compared with a profit of $376 million a...

  • Aug 5- Standard and Poor's Ratings Services on Wednesday revised the outlook on Minnesota's debt to positive from stable, signaling that the state's AA-plus general obligation rating could be upgraded to the highest level of AAA over the next two years. "The outlook revision reflects the state's payment of its deferred liabilities and improved structural...

  • Fertilizer maker Mosaic's Q2 profit rises 57 pct Tuesday, 4 Aug 2015 | 7:11 AM ET

    Aug 4- U.S. fertilizer company Mosaic Co reported a 57 percent rise in quarterly profit, helped by strong phosphates sales, improved potash prices and lower costs. Mosaic said net earnings attributable to the company rose to $390.6 million, or $1.08 per share, in the second quarter ended June 30, from $248.4 million, or 64 cents per share, a year earlier.

  • July 31- Many wealthy people struggle to talk to their children about how much money they have. A 2015 T. Rowe Price study of 1,000 parents found that 72 percent had at least some reluctance to talk to their kids about money. When kids are as young as 6, parents and advisers can start by helping them identify bills and coins and understand the purpose of money, said...

  • US authorities looking for Cecil the lion's killer Thursday, 30 Jul 2015 | 2:39 PM ET
    Piper Hoppe, 10, from Minnetonka, Minnesota, holds a sign at the doorway of River Bluff Dental in Bloomington, Minnesota, on July 29, 2015, during a protest against Cecil's killing.

    The U.S. Fish and Wildlife Service has been trying to find the man who shot a lion in Zimbabwe, but he is not responding.

  • With soybean yields largely determined in August and questions about the size of planted area, there is still uncertainty about the crop, said Terry Linn, analyst at The Linn Group in Chicago. Chicago Board of Trade August soybeans rose 10 cents or 1 percent to $9.84-3/ 4 a bushel at 9:56 a.m. CDT. September corn fell 5 cents or 1.3 percent to $3.70 a bushel, after...