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UnitedHealth Group increases guidance after quarterly profits surpass $3B

Getting closer to the patient seems to be paying off at UnitedHealth Group. Financial results released Thursday show the Minnetonka-based health care company surpassed the $3 billion mark in profit for the fourth consecutive quarter, prompting the company to boost...

 

U.S. Bancorp customers embrace digital banking, helping company's profits

The growing digital savvy of U.S. Bancorp's customers is starting to pay off for the nation's fifth-largest bank. In its latest quarterly results released Wednesday, U.S. Bank said one-third of its loan sales happened via its website and mobile app this spring, up from...

 

Newly released federal data unmasks epidemic that led to 76 billion opioid pills

America's largest drug companies saturated the country with 76 billion oxycodone and hydrocodone pain pills from 2006 through 2012 as the nation's deadliest drug epidemic spun out of control, according to previously undisclosed company data released as part of the...

 

3M could face huge cleanup costs over substance in Scotchgard

WASHINGTON – New federal laws will soon address a national chemical pollution problem and could put 3M and other producers of per- and polyfluoroalkyl substances - better known as PFAS - into a multibillion-dollar financial bind. Once marketed as making items ranging...

 

Climate change surprise: It is helping grow more corn and soybeans in the Upper Midwest

The uneven impact of climate change is actually helping corn and soybean farmers in the Upper Midwest. Higher temperatures and heavier precipitation have increased yields for corn and soybeans in much of Minnesota, Iowa and the Dakotas, according to a statistical...

 

Hard Rock International Opens The Doors Of Flagship Cafe in The Iconic Piccadilly Circus

HOLLYWOOD, Fla., July 9, 2019 // PRNewswire // - Hard Rock International recently debuted its new flagship location in London's iconic Piccadilly Circus providing a look into the new brand vision for Hard Rock Cafes globally. The brand's newest Cafe marks the first Hard Rock location to showcase its modern image. Hard...

 

Appeals court turns back attack on tribal lending operation

Online lending businesses owned by the Lac Vieux Desert Band of the Lake Superior Chippewa Indians are "arms of the tribe" and entitled to sovereign immunity, a federal appeals court ruled this week in a closely-watched case. By a unanimous vote, a three judge panel of the 4th Circuit Court of Appeals on Wednesday...

 

S&P 500 index closes at record high as stock rally continues

Wall Street capped a broad rally for stocks Thursday by driving the S&P 500 index to an all-time high. The milestone, which eclipsed the benchmark index's last record close on April 30, underscores a swift rebound for the market in June that has erased the losses from...

 

Paper, phone or face? Delta lets you choose facial recognition as a ticket at MSP

Delta Air Lines is rolling out facial scanners at Minneapolis-St. Paul International Airport to give passengers the option of boarding planes with a glance at a camera rather than using a boarding pass. The technology, being installed this week at 16 MSP gates, is...

 

Enbridge's proposed $2.6 billion pipeline hits another snag

Enbridge's proposed $2.6 billion oil pipeline across northern Minnesota received another dose of uncertainty - one that could lead to more delays - as two state agencies said Tuesday they will revise their permitting schedules because of a recent court ruling. The...

 

Target took hit with IT glitches, but unclear how large

It is never good news when your company's trending hashtag is #TargetApocalypse. In an era of social media whiplash and cutthroat competition from Amazon, Walmart and other mass merchandisers, Target Corp. took a hit to its image - and bottom line - after a difficult...

 

Corn and soybean planting wrapping up in Minnesota, USDA says

Farmers in Minnesota are finally wrapping up their planting, and turning to spraying and fertilizing after a cool, wet spring kept them out of their fields far later than usual. According to the U.S. Department of Agriculture, 99% of the corn crop and 94% of the...

 

Businesses showing discontent with Trump's trade policies

WASHINGTON - President Donald Trump's aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force in his Republican Party. Corporate America was blindsided last week when Trump threatened to impose...

 

Later than almost ever, Minnesota farmers hustle to get crops into rain-soaked fields

Dundas, Minn. – Brent Fuchs planted corn all day Saturday into the early hours of Sunday. He stayed up late again Monday, hoping to get his last 250 acres of soybeans in the ground. He didn't quite get there and, on Tuesday, he said the day's rain may keep him from...

 

Target boosts worker benefits, including paid family leave

In the battle for workers in a tightening labor market, Target Corp. on Monday rolled out a series of beefed up benefits it will offer full- and part-time workers, including paid family leave and emergency child care. "Our workforce, like the communities we serve, is...

 

Medical device makers brace for tariff fallout

The medical device industry, a big player in the Minnesota economy, is bracing for the financial fallout from tariffs on goods imported from Mexico, which are set to begin Monday. The U.S. imports more medical devices and device components from Mexico than any other...

 
 By Brian Johnson    Business    June 6, 2019

Unions allege mistreatment on building expansion project in Thief River Falls

Construction labor groups are alleging that workers on the $300 million Digi-Key expansion in Thief River Falls are being abused and cheated out of their rightful wages in violation of the state's prevailing wage law. Latino workers employed by a concrete subcontractor...

 

Trump turns from pomp to business in UK visit

LONDON - President Donald Trump will turn from pageantry to policy Tuesday as he joins British Prime Minister Theresa May for a day of talks likely to highlight fresh uncertainty in the allies' storied relationship. Trump and May are due to meet with corporate...

 

Google's Chrome becomes web 'gatekeeper' and rivals complain

When Samuel Maddock built a browser that lets friends watch an online video at the same time, he used what seemed like the cheapest and simplest option: Chromium, a free, open-source version of Google’s Chrome web browser. Maddock’s creation worked well, but because it was based on Chromium, he needed another...

 

Walmart extends debt-free college benefits to high schoolers

NEW YORK - Walmart is extending its debt-free college benefits to high schoolers as a way to attract and retain workers in a tight labor market. The nation's largest private employer said Tuesday it will offer free college SAT and ACT prep for its workers in high...

 

Court throws replacement of Enbridge Line 3 into limbo; judges rebuke state agency

The Minnesota Court of Appeals reversed a ruling by state utility regulators on the environmental impact statement for Enbridge's Line 3 pipeline, throwing new uncertainty on the controversial project. The court ruled Monday that the statement was "inadequate because...

 

This summer is forecast to be a rough one at U.S. airports

Summer living is supposed to be easy, according to George Gershwin, but millions of air passengers during this year's peak travel season may beg to differ thanks to a confluence of events that are making airlines and airports nervous. The U.S. carriers' trade group,...

 

Trade impasse: Trump pledges $16B to farmers; markets slump

WASHINGTON - President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute. U.S....

 

African swine fever ripples through pork industry, denting Hormel's profits

African swine fever in China is taking a toll on Hormel Foods Corp., digging into its latest profit and forcing the company to raise prices on most of its pork-related products. The disease has devastated China's hog population, killing 150 million to 200 million hogs, more than U.S. farmers produce in a year. As...

 

Life Time Living apartments to launch in several cities

From the gym to the office and now to the home, Life Time wants to make its healthy mark on all aspects of peoples' lives, including where and how they live. Chanhassen-based Life Time announced this week the launch of its Life Time Living apartment developments that...

 

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