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Top News & Analysis Minnesota

  • BISMARCK, N.D.— A company has begun site work for an oil refinery about 3 miles from Theodore Roosevelt National Park in western North Dakota. Meridian Energy Group says it's hired a Minnesota- based company to handle such work as grading land, installing erosion control devices and developing storm water ponds. Meridian spokesman Adam Williams says the work...

  • WASHINGTON— Federal Reserve Chairman Jerome Powell gave lawmakers an upbeat assessment of the economy and expects to keep raising interest rates gradually. In his semi-annual testimony to Congress Tuesday, Powell described the Fed's process for slowly raising interest rates as "running smoothly." After the 2008 financial crisis, the Fed kept its key policy...

  • UnitedHealth Group easily topped profit expectations during the second-quarter and it hiked its outlook for the third time this year, but company shares were punished Tuesday for a performance that even company executives believe falls short of the full potential for the health insurer. UnitedHealth now expects 2018 adjusted earnings to range between...

  • *Traders await Fed's Powell testimony before Congress. NEW YORK, July 16- U.S. The encouraging figures on store sales offset concerns about the United States' trade friction with China and other trade partners, reducing some safe-haven demand for U.S. government bonds, analysts and fund managers said.

  • *Traders await Fed's Powell testimony before Congress. NEW YORK, July 16- U.S. The encouraging figures on store sales offset concerns about the United States' trade friction with China and other trade partners, reducing some safe-haven demand for U.S. government bonds, analysts and fund managers said.

  • NEW YORK, July 16- A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market watchers said, and it is not the flattening yield curve. Credit spreads are the other element that's a pretty big tell, "said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. With investors watching for signs...

  • NEW YORK, July 16- A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market watchers said, and it is not the flattening yield curve. Credit spreads are the other element that's a pretty big tell, "said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. With investors watching for signs...

  • *Tariffs set to dent U.S. soy exports to China. PARIS/ SINGAPORE, July 16- Chicago soybean futures edged down on Monday to set fresh decades lows as the prospect that a U.S.- China trade clash will weaken demand continued to hang over the oilseed market. Chicago wheat was also lower, consolidating after a steep two-day rally fueled by a declining harvest outlook for...

  • NEW YORK, July 16- A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market watchers said, and it is not the flattening yield curve. Credit spreads are the other element that's a pretty big tell, "said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. With investors watching for signs...

  • NEW YORK, July 16- A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market watchers said, and it is not the flattening yield curve. Credit spreads are the other element that's a pretty big tell, "said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. With investors watching for signs...

  • CHICAGO— McDonald's is stopping the sale of salads at 3,000 restaurants after people became sick from a parasite causing intestinal illness. Health officials in Illinois and Iowa say they've identified roughly 100 combined cases of cyclosporiasis apparently linked to consuming McDonald's salads. At least one of the affected restaurants is in each of the...

  • Rick Snyder said Friday that the state of Michigan intends to sue the Minnesota- based manufacturer of chemicals linked to contaminated water near military bases and industrial sites, citing "significant costs" that will only rise in the future. Snyder, whose administration has been scrambling to combat potential health risks in drinking water that stem from...

  • BEIRUT- Lebanon will host its 26th Arab Economic Forum. LONDON- Zambia Finance Minister Mwanakatwe speaks at Chatham House 0800 GMT. FALLS CHURCH, Virginia- Federal Reserve Bank of Atlanta President Raphael Bostic participates in Town Hall chat before the Northern Chapter Virginia Society of Certified Public Accountants- 1630 GMT.

  • WASHINGTON— Army leaders will announce on Friday that they have chosen Austin, Texas, as the location for a new command headquarters that will focus on how to modernize the service and prepare for future wars, U.S. officials said. The Army laid out plans to create the so-called Futures Command last October, marking the first time in decades that the service has...

  • Trump claims NATO victory after ultimatum to go it alone. BRUSSELS- Donald Trump gave an angry ultimatum to European allies on Thursday, warning a NATO summit the United States could withdraw its support and sparking crisis talks which the U.S. president said produced big new defense spending pledges. WASHINGTON- Kim Jong Un told President Donald Trump he...

  • On Friday, Milwaukee will ask a judge to order Bird to remove its scooters from the city. Milwaukee sued after sending Bird a cease-and-desist letter on June 28, a day after 100 scooters arrived "in a similar, overnight, surprise fashion" other places have experienced, according to the lawsuit. It says the company wants to work with Milwaukee "to create and enforce...

  • CHICAGO, July 12- Cargill Inc's fourth-quarter profit more than doubled, it said on Thursday, as global demand for meat and animal feed soared and commodity market volatility eased a squeeze on the company's trading unit. The privately-held company said its animal nutrition and protein unit- which includes beef and feed- was the largest contributor to its...

  • The 35- year-old farmer and electrician from Tipton figured the new plans offered through the conservative and politically powerful Iowa Farm Bureau were certain to reduce the more than $2,000 monthly bill he pays for his family's health insurance. But nearly four months later, Crist is still waiting to see the fine print on what exactly would be covered...

  • CIRCLE PINES, Minn. _ Northern Technologies International Corp. on Thursday reported fiscal third-quarter earnings of $2.1 million. Northern Technologies expects full-year earnings to be $1.43 to $1.48 per share, with revenue in the range of $49.5 million to $50.5 million. Northern Technologies shares have climbed 35 percent since the beginning of the...

  • BRUSSELS- German Finance Minister Olaf Scholz speaks at the European Parliament about his plans to reform the euro zone- 0700 GMT. FRANKFURT- The European Central Bank publishes the accounts of its policy meeting of June 13-14- 1130 GMT. BRUSSELS- ECB President Mario Draghi and ECB Board Member Benoit Coeure participating in Eurogroup meeting in Brussels,...