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Top News & Analysis Minnesota

  • *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...

  • 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. As of 12:37 p.m. CDT, Chicago Board of Trade July corn was up 7-3/ 4 cents at $3.85 per bushel after reaching $3.87, the highest spot price on a...

  • Apple Inc customers will soon have more choices as the company looks to reduce long wait times for iPhone repairs at its retail stores.

  • SAN FRANCISCO, June 7- Hey Siri, where can I get my cracked iPhone screen fixed? Among the first recipients is Minneapolis- based Best Buy, which has long sold and serviced Apple products. The electronics retailer already has one of the screen-repair machines at a Miami- area store and one coming soon to an outlet in Sunnyvale, California.

  • CHICAGO, June 6- Chicago wheat futures rose about 1.5 percent Tuesday and Minneapolis spring wheat traded above $6 a bushel for the first time in nearly two years on deteriorating spring wheat ratings amid hot and dry weather in the northern U.S. Chicago Board of Trade July wheat settled up 6-1/ 4 cents at $4.35-3/ 4 per bushel. MGEX July spring wheat ended up 9-3/ 4...

  • CHICAGO, June 6- U.S. wheat futures rose about 2 percent Tuesday and Minneapolis spring wheat traded above $6 a bushel for the first time in nearly two years on deteriorating spring wheat ratings amid hot and dry weather in the northern U.S. As of 12:12 p.m. CDT, Chicago Board of Trade July wheat was up 8-1/ 4 cents at $4.37-3/ 4 per bushel. MGEX July spring wheat was up 8...

  • NEW YORK, June 2- Buffalo Wild Wings Inc Chief Executive Officer Sally Smith said she will retire by the end of the year after an activist hedge fund won a bitter proxy contest that put three of its directors on the chicken-wing restaurant's board. Smith's decision to step down from the leadership role she has held for more than two decades after spending the past...

  • *Chicago wheat ends narrowly mixed. Minneapolis Grain Exchange July spring wheat settled up 5 cents at $5.83-3/ 4 per bushel after reaching $5.90, the highest spot price since mid-January. The spot contract has not traded above $5.90 since July 2015.

  • NEW YORK, June 2- Buffalo Wild Wings Inc said on Friday that Chief Executive Officer Sally Smith would retire before the end of the year, a move that came as shareholders voted three activist hedge fund nominees onto the company's board. Smith's move to stand down from the leadership helm and the wing and beer chain's board showed that despite the nearly year-long...

  • *Private firms add more jobs than expected in May. NEW YORK, June 1- U.S. stocks advanced on Thursday, with each of the major U.S. indexes notching record highs, after a batch of economic data suggested the economy was picking up speed. "More than anything it is employment data driven, it was such a resounding uptick over expectations," said Paul Springmeyer, investment...

  • NEW YORK, May 30- New York on Tuesday became the third and largest major U.S. city to guarantee a measure of scheduling smoothness to fast food workers, whose lives are often disrupted by last-minute changes based on their employers' manpower needs. San Francisco and Seattle have already enacted similar laws. The New York State Restaurant Association said the...