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FDA hidden database included 37,000 reports of problems with Medtronic defibrillator wires

When medical device maker Medtronic pulled its popular but fracture-prone Sprint Fidelis defibrillator leads from the market a decade ago, a cascade of complaints involving tens of thousands of the skinny wire devices soon followed. The leads, which allow an implanted defibrillator to shock the heart and prevent...

 

Xcel's plan to 2030: Close two coal plants, extend nuclear plant, add more solar

Xcel Energy plans to close two more coal-fired power plants several years early and exit coal generation in Minnesota by 2030, while at the same time extending the life of its Monticello nuclear plant by another decade to 2040. The Minneapolis-based utility said Monday it also expects to more than triple the amount of...

 

Report: More companies in China handing over technology

BEIJING — The number of foreign companies that feel compelled to hand over technology in exchange for Chinese market access — an issue that sparked President Donald Trump's tariff fight with Beijing — has doubled since two years ago despite official promises to end such pressure, a business group reported...

 

As trade dispute escalates, Minnesota farmers brace for another miserable year

Late spring planting, as is happening this year in Minnesota, tends to weaken the fall harvest and lift prices on crops. But not when there's a trade war. http://www.startribune.com/as-trade-dispute-escalates-minnesota-farmers-brace-for-another-miser...

 

Samsung, Verizon launch first 5G phone, entry price is $1,300

Next-generation wireless technology took another step forward Thursday as the first smartphone with built-in 5G technology arrived in stores - and Minneapolis was one of the few places to test it out. Samsung Electronics Co. introduced its model S10 5G around the U.S....

 

Help coming on blocking scam calls for robocall-plagued US

NEW YORK - New measures by U.S. regulators could help thwart some of the billions of robocalls received in the U.S. The Federal Communications Commission said Wednesday that it will vote in June on whether to let wireless carriers block spam calls by default, which...

 

MDA to Help Minnesota Food and Beverage Firms Shine at Chicago Trade Shows

St. Paul, MN: The Minnesota Department of Agriculture’s (MDA’s) New Markets Program will shine a light on 15 Minnesota food and beverage companies seeking to grow at the National Restaurant Association Show and the Sweets & Snacks Expo in Chicago, May 18-23, 2019. These two events are collectively expected to draw...

 

Google $600 million data center project in Becker clears big hurdle

Google's planned $600 million data center for Becker took a big step forward Tuesday when Minnesota utility regulators approved the tech giant's electricity contracts with Xcel Energy. The data center, essentially a huge warehouse filled with servers, would be powered...

 

Minnesota manufacturers say worker shortages hurting growth

Minnesota factory officials — especially those in rural areas — say severe worker shortages are increasingly impeding their growth and profits. Nearly 50% of factory managers surveyed in March by Enterprise Minnesota said their inability to find qualified workers had hurt growth. That is a rise of 14 percentage...

 

Escalating US-China trade war sends stocks plunging

The Dow Jones Industrial Average plunged more than 600 points Monday as investors sought shelter from an escalating trade war between the U.S. and China. The selling was widespread and heavy, handing the benchmark S&P 500 index its biggest loss since January. The sell-off extended the market's slide into a second...

 

Trade adviser Kudlow says 'both sides will pay' in trade war

WASHINGTON – President Donald Trump’s chief economic adviser said Sunday that U.S. consumers will bear a burden from the escalating trade war with China, contradicting Trump’s claim that his tariffs are a multibillion-dollar, one-way payment by China to the U.S. Treasury. Adviser Larry Kudlow made his comments...

 

ACA market rebound could prompt $800M in rebates to consumers

A new report finds that improved profitability for insurers selling Affordable Care Act coverage to individuals last year means health plans could be issuing a record $800 million in rebates to consumers — a national finding that fits with the financial results in Minnesota. The study from the California-based...

 

Travois honors industry "superheroes" at annual conference

KANSAS CITY, Mo. (May 13, 2019) – Travois, a Certified B Corporation® based in Kansas City, Mo., recognized five outstanding industry professionals and an American Indian tribal entity at a Superhero Awards ceremony on April 11. The consulting firm, continuing 24...

 

Tribally Owned Insurance Provider, AMERIND Risk, Partners with Professional Golfer Gabby Lemieux

May 08, 2019 - Santa Ana Pueblo, NM – AMERIND Risk, Indian Country’s only 100% Tribally owned and operated insurance provider, is proud to announce its support of professional golfer, Gabby Lemieux (Shoshone-Paiute). This partnership enables Ms. Lemieux to continue her path toward the LPGA Tour while building...

 

Court to hear tribe's appeal in predatory loan lawsuit

RICHMOND, Va. (AP) — A federal appeals court is set to hear arguments in a lawsuit accusing a small Native American tribe in Michigan of running a predatory loan scheme. At least five people from Virginia say they borrowed from BigPictureLoans.com after receiving an enticing loan pitch. The Richmond Times-Dispatch...

 

Cedar Band Corporation Puts Profits to Work for the Community

CEDAR CITY, Utah, May 6, 2019 /PRNewswire/ -- In 2013, the Cedar Band of Paiute Indians decided to diversify its economic efforts by launching a mortgage agency. For the next three years, and without any outside investment, the Band built CBC Mortgage Agency (CBCMA) into a thriving company that provides down payment...

 

CenterPoint bungles $47M worth of refunds to customers

CenterPoint Energy, Minnesota's largest natural gas utility, bungled a recent rate-hike refund, leaving some of its customers with bounced checks or late-payment fees. CenterPoint said it has made whole all consumers dinged by unnecessary fees except for a small amount...

 

Deadline Approaching in Minnesota for SBA Working Capital Loans for Summer 2018 Excessive Rain and Flooding

ATLANTA - The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that June 4 is the filing deadline for federal economic injury disaster loans in Minnesota as a result of excessive rain,...

 

Target CEO Brian Cornell pay totaled $22.6 million in 2018

Brian Cornell Target Corp. Chairman, CEO Total compensation: $22,553,951 for the year ended Feb. 2 Salary: $1,384,615 http://www.startribune.com/target-ceo-brian-cornell-pay-totaled-22-6-million-in-2018/509220432/...

 

Hy-Vee Raises $360,846 During The Great American Milk Drive

WEST DES MOINES, Iowa (April 29, 2019) — Today, Hy-Vee, Inc. announced that generous customer donations and its corporate participation during The Great American Milk Drive helped raise $360,846 to purchase much-needed milk for local food banks throughout Hy-Vee’s eight-state region. During the monthlong campaign...

 

Thor Construction shutting down in wake of lawsuits

Thor Construction, embattled by lawsuits, financial trouble and the departure of key staff, is shutting down after four decades, its founder said. The action comes following lawsuits in recent months by key lender Sunrise Banks and others seeking payment less than a year after the opening of Thor’s new headquarters...

 

Saving the planet requires radical change

Failure of governance over the past five or six decades has been cited as a critical factor in the unchecked disastrous human disruption of Earth's climate and resource systems. In the April 15 Business Forum, "Dumping capitalism won't save planet," Noah Smith draws...

 

SBA Deadline for Minnesota Small Businesses to Apply for Working Capital Loans for the 2018 Summer Storms is May 28

ATLANTA – The U.S. Small Business Administration is reminding businesses in Minnesota that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by severe storms, straight-line winds,...

 

Paul Bunyan Communications Named Apple Premium Service Provider

(Bemidji, MN) (April 26, 2019) -For the second consecutive year, Paul Bunyan Communications has earned Apple Premium Service Provider status. Apple's Premium Service Provider Program recognizes service locations that deliver exceptional service based upon customer...

 

Hy-Vee Pharmacies to Participate in National Prescription Drug Take-Back Day April 27

WEST DES MOINES, Iowa (April 25, 2019) — Hy-Vee, Inc. announced today that 52 Hy-Vee Pharmacy locations throughout Illinois, Iowa, Kansas, Minnesota, Missouri and Nebraska will participate in National Prescription Drug-Take Back Day on Saturday, April 27. Drug take-back areas will be located in the Hy-Vee pharmacy...

 

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