×

Top News & Analysis Minnesota

  • WASHINGTON— President Donald Trump's decision to reverse some Obama-era Cuba policies landed with a thud among many congressional Republicans who say the new approach surrenders a potentially lucrative market for American goods and services to competitors. Jeff Flake, R- Ariz., a frequent critic of Trump during the 2016 presidential campaign, said in a...

  • MIAMI— Pressing "pause" on a historic detente, President Donald Trump thrust the U.S. and Cuba back on a path toward open hostility Friday with a blistering denunciation of the island's communist government. Still, Cuba said it is willing to continue "respectful dialogue" with on topics of mutual interest. Even as Trump predicted a quick end to President Raul...

  • CHICAGO, June 16- U.S. farm groups criticized President Donald Trump's decision to retreat from his predecessor's opening toward Cuba, saying it could derail huge increases in farm exports that totaled $221 million last year. A trade delegation from Minnesota, one of the largest U.S. agriculture states, vowed to carry on with its planned visit to Cuba next week.

  • CHICAGO, June 14- U.S. grain and soy futures were mostly lower on Wednesday, with MGEX spring wheat declining from an earlier 2-1/ 2- year high on pressure from technical selling and forecasts for crop-friendly rainfall, traders and analysts said. Chicago Board of Trade corn futures declined the most as scattered rains fell in the Midwestern crop belt and...

  • MGEX July spring wheat futures was up 5-1/ 4 cents to $6.33-1/ 4 per bushel at 11:38 a.m. CDT. CBOT July soft red winter wheat, the global benchmark, was up 2-1/ 2 cents to $4.47-1/ 2 per bushel and K.C. hard red winter wheat was 4-1/ 2 cents higher to $4.61-1/ 2. The U.S. Department of Agriculture on Monday slashed good-to-excellent crop conditions for spring wheat by 10...

  • *New Zealand dollar slips after current account data. TOKYO, June 14- The dollar drifted in recent ranges in the calm before a forecast Federal Reserve storm, as investors awaited signals later in the global session on the Fed's policy outlook. What emerges from the Fed meeting "is certainly going to chart the course for a lot, including the strength of the dollar,"...

  • A small nonprofit health insurance plan in suburban Minneapolis provides health insurance to 700,000 people, Vox reports.

  • TORONTO, June 13- Canada's Shaw Communications Inc said on Tuesday it would sell its data center subsidiary ViaWest Inc to Peak 10 Holding Corp for $1.675 billion, using some of the proceeds to buy airwaves to boost its new wireless unit. Shaw said it would pay C $430 million to acquire wireless spectrum from Quebecor Media Inc, which is majority-owned by Quebecor...

  • June 13- Canada's Shaw Communications Inc said on Tuesday it would sell its data center subsidiary ViaWest Inc to Peak 10 Holding Corp for about C $2.3 billion, as the cable company looks to streamline its operations. Shaw bought ViaWest from private equity firms Oak Hill Capital Partners and GI Partners for about $1.2 billion three years ago.

  • HAMBURG, June 13- U.S. spring wheat prices surged to a near two-year high on Tuesday as the condition of the crop was assessed to be well below market expectations, pulling up winter wheat, corn and soybean futures prices in its wake. Chicago Board of Trade July wheat rose 0.9 percent to $4.38 a bushel at 1035 GMT. July Minneapolis spring wheat rose 2.5 percent to $6.16...

  • *Data raise doubts on U.S. inflation hitting Fed's 2- pct goal. NEW YORK, June 11- A surprisingly weak run of U.S. inflation data has investors backing off bets the Federal Reserve will meet its three targeted interest rate hikes this year, and has breathed fresh life into the bond market after a rough start to the year. On Thursday, the European Central Bank downgraded...

  • *Data raise doubts on U.S. inflation hitting Fed's 2- pct goal. NEW YORK, June 11- A surprisingly weak run of U.S. inflation data has investors backing off bets the Federal Reserve will meet its three targeted interest rate hikes this year, and has breathed fresh life into the bond market after a rough start to the year. On Thursday, the European Central Bank downgraded...

  • *Weather in focus after USDA's reports fail to jolt prices. CHICAGO, June 9- U.S. corn and soybean futures firmed on Friday as forecasts for scorching temperatures in the Midwest crop belt through early next week prompted funds to cover short positions, analysts said. July soybeans ended up 3-1/ 2 cents at $9.41-1/ 2 a bushel and July wheat fell 3-1/ 2 cents at $4.45-3/ 4 a...

  • June 9- A federal appeals court on Friday upheld an $11 million verdict against Toyota Motor Corp over a fatal 2006 car crash in Minnesota, which a jury found was caused by an accelerator defect in a 1996 Camry. A three-judge panel of the 8th U.S. Circuit Court of Appeals found that the Minnesota jury had enough evidence to conclude in 2015 that Toyota was 60 percent...

  • *USDA world supply/demand report awaited. HAMBURG, June 9- Chicago wheat, corn and soybeans fell on Friday in a limited pullback after their sharp weather-driven rally this week as the market awaited a closely-watched U.S. Department of Agriculture global supply report. Chicago Board of Trade most-active July corn was down 0.7 percent at $3.83 a bushel at 1058...

  • CHICAGO, June 8- U.S. spot corn futures hit their highest level in nearly a year on Thursday and Minneapolis spring wheat neared a two-year top on worries about hot and dry weather stressing crops in the northern Plains and Midwest, analysts said. As of 12:32 p.m. CDT, Chicago Board of Trade July corn futures were up 2 cents at $3.86-3/ 4 per bushel after reaching...

  • *Comey says no doubt Russia interfered in the election. Comey is being grilled by Washington politicians over his claims that President Donald Trump asked him to drop an investigation of former national security adviser Michael Flynn as part of a probe into Russia's alleged meddling in the 2016 presidential election. Comey said he had no doubt that Russia...

  • Following a banner 2016 driven by expectations that a key federal tax credit would expire at the end of that year, the utility-scale market is expected to drop to 8 gigawatts this year from more than 10 GW last year, according to a report by GTM Research and the Solar Energy Industries Association. Residential markets in New York, Massachusetts and Maryland also...

  • CHICAGO, June 7- U.S. spot corn futures hit a near one-year high on Wednesday on forecasts for potentially stressful crop weather in the Midwest, while Minneapolis spring wheat futures retreated from a near two-year high. Chicago Board of Trade July corn settled up 7-1/ 2 cents at $3.84-3/ 4 per bushel after reaching $3.87, the highest spot price on a continuous...

  • NEW YORK, June 7- U.S. stocks and Treasury yields rose on Wednesday after the release of written testimony from ex-FBI chief James Comey, with investors looking ahead to his U.S. Senate appearance on Thursday, the same day as a British parliamentary vote and a European Central Bank meeting. A smoothly-executed rescue of Spain's Banco Popular lifted bank stocks in...