Top News & Analysis Minnesota

  • LIMA, Nov 18 (Reuters)- Leaders of Pacific rim nations gathered in Peru on Friday, looking to China to salvage hopes for regional trade as prospects of a Donald Trump presidency in the United States sounded a possible death knell for the Trans-Pacific Partnership (TPP) free trade pact. Discussions between the 21 members of the Asia-Pacific Economic Cooperation (...

  • Nov 18- The season's first major winter storm in the continental United States swept the northern Plains with heavy snow and high winds on Friday, creating blizzard conditions in parts of South Dakota and Minnesota. The National Weather Service posted a winter storm warning for central Minnesota and blizzard warnings within the region, where Morrison County...

  • LIMA, Nov 18- Leaders of Pacific rim nations gathered in Peru on Friday seeking to salvage hopes for regional trade as prospects of a Donald Trump presidency in the United States sounded a possible death knell for the Trans-Pacific Partnership free trade pact. His isolationist stance echoed sentiments in Britain, which voted in June to quit the European Union.

  • Incoming President Donald Trump and other key Republicans who will be running Congress have been critical of the U.S. central bank and could pose a threat to its hallowed independence from political interference. In September, Trump accused Fed Chair Janet Yellen of keeping interest rates low to make President Obama look good. Representative Jeb Hensarling,...

  • CHICAGO, Nov 17- The first blizzard of the season in the continental United States was due to bring heavy snowfall and howling winds on Thursday as it moved northeast from the Rocky Mountains into the northern Plains. The National Weather Service warned of poor visibility and hazardous driving conditions with winds gusting up to 50 miles per hour as rainfall...

  • The retailer's forecast for full-year adjusted profit also beat analysts' expectations, sending its shares up 7.5 percent to $43.50 in early trading, their highest in three years. The Richfield, Minnesota- based company said sales at established stores rose 1.8 percent in the third quarter ended Oct. 29, topping the 1 percent rise analysts on average had...

  • Best Buy's net income rose to $194 million, or 61 cents per share, from $125 million, or 36 cents per share a year earlier. The Richfield, Minnesota- based company's net sales rose 1.4 percent to $8.95 billion, beating the average analyst estimate of $8.85 billion, according to Thomson Reuters I/B/E/S. Excluding certain items, Best Buy earned 62 cents per share,...

  • Nov 17- Best Buy Co Inc, the No. 1 U.S. electronics retailer, reported better-than-expected comparable-store sales, helped by higher demand for consumer electronics and mobile phones. Best Buy's net income rose to $194 million, or 61 cents per share, from $125 million, or 36 cents per share a year earlier. The Richfield, Minnesota- based company's net sales rose 1.4...

  • CHICAGO, Nov 16- Target Corp on Wednesday reported a much higher-than-expected quarterly profit after benefiting from a strong back-to-school shopping season and increased online sales, and it gave an optimistic outlook for the all-important holiday period. The Minneapolis- based retailer's shares, which had fallen nearly 2 percent so far this year, rose...

  • CHICAGO, Nov 16- Target Corp on Wednesday reported a much higher-than-expected quarterly profit after benefiting from a strong back-to-school shopping season and increased online sales, and it gave an optimistic outlook for the all-important holiday period. The Minneapolis- based retailer's shares, which had been down nearly 2 percent year to date, rose 7.7...

  • CHICAGO, Nov 16- Target Corp on Wednesday reported a higher-than-expected quarterly profit and raised its fiscal-year forecast after benefiting from a strong back-to-school shopping season and higher online sales. The Minneapolis- based retailer's shares, which had been down nearly 2 percent year to date, rose 8.1 percent to $77.22 in morning trading.

  • The Minneapolis- based retailer's shares were up more than 9 percent at $78.20 in premarket trading and are set to open at about a six-month high. Target expects fiscal-year earnings of $5.10 to $5.30 per share, excluding special items, up from a prior outlook of $4.80 to $5.20. Net income attributable to Target rose to $608 million, or $1.06 per share, in the third...

  • MINNEAPOLIS FED PRESIDENT NEEL KASHKARI UNVEILS PLAN HE SAYS WOULD END BANK BAILOUTS.

  • 'MINNEAPOLIS PLAN' WOULD EASE REGULATIONS ON BANKS WITH LESS THAN $10 BILLION IN ASSETS.

  • CHICAGO, Nov 16- Target Corp on Wednesday reported a nearly 11 percent increase in quarterly earnings and raised its fiscal-year forecast after benefiting from a strong back-to-school shopping season, and its shares rose more than 6 percent. Target said it now expected fiscal-year earnings of $5.10 to $5.30 per share, excluding special items, up from a prior...

  • CHICAGO, Nov 16- Target Corp reported a nearly 11 percent increase in quarterly profit on Wednesday, helped by a strong back-to-school shopping season, sending its shares up 6 percent in pre-market trade. Net income attributable to the Minneapolis- based retailer rose to $608 million, or $1.06 per share in the third quarter ended Oct. 29, from $549 million, or 88...

  • Representative Keith Ellison, a Democrat from Minnesota, pauses while speaking during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016.

    Representative Keith Ellison formally announced his candidacy to be the next chairman of the DNC, reports NBC News.

  • Attorneys for the plaintiffs in court papers supporting the settlement estimated the value of frame replacements at about $3.375 billion based on a cost of about $15,000 per vehicle and the inspections at about $90 million at $60 per vehicle. District Judge Fernando Olguin in Los Angeles. Toyota also agreed to pay $9.75 million in attorneys' fees, $150,000 in...

  • *U.S. long-dated bond yields hit highest since January. NEW YORK, Nov 10- U.S. President-elect Donald Trump has indicated he would increase spending on U.S. infrastructure, which market participants say could spur growth and expand the budget deficit.

  • WASHINGTON, Nov 9- The U.S. Agriculture Department raised its already record-high forecast for U.S. corn and soybean harvests on Wednesday, with gains keyed by increased yield estimates in major production states such as Iowa, Minnesota and Ohio. USDA pegged U.S. corn production for the 2016/ 17 marketing year at 15.226 billion bushels, based on an average yield of...