Business and Economic News

March 4, 2015 9:44 AM

Analyst: Target cuts a 'tough decision that needed to be made'

Target announced this week that it will slash several thousand jobs at its Minneapolis headquarters over the next two years as part of an extensive reorganization of the company.

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March 3, 2015 3:17 PM

Target plans to cut thousands of jobs in corporate restructure

Target Corp. plans to eliminate "several thousand positions," primarily at its Minneapolis headquarters, as part of a two-year corporate restructuring.

by MPR News Staff

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March 3, 2015 3:14 PM

Twin Cities hospitals, workers reach three-year deal

Union negotiators for 3,500 Twin Cities area hospital workers say they're reached a tentative contract agreement covering eight medical centers.

by Mark Zdechlik

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March 3, 2015 12:59 PM

Best Buy boosts investor dividend as quarterly profit jumps

The nation's largest electronics chain raised its quarterly dividend 21 percent and plans to give shareholders an additional one-time payment after reporting a better-than-expected fourth-quarter profit.

by The Associated Press

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March 3, 2015 12:38 PM

Minneapolis council moves to ban city investments in Big Oil

It's largely symbolic, since the city doesn't invest in fossil fuel firms. But a committee hearing on the matter drew many residents and students in support.

by Jon Collins

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March 3, 2015 4:00 AM

Mayo readies services to draw patients from China

Mayo Clinic is working with a concierge service to bring more Chinese patients to Rochester. It's also planning a new venture to serve health providers in China.

by Elizabeth Baier

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March 3, 2015 12:13 AM

Thomas Edison: How the lightbulb changed everything

MHS History Forum with historian Ernest Freeberg, author of "The Age of Edison: Electric Light and the Invention of Modern America." How the lightbulb changed nearly everything in American life and society.

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March 2, 2015 5:07 PM

Graves gets nod to build MSP hotel; hopes to open by Super Bowl

The luxury lodging will include an indoor connection to the airport, hotel entrepreneur Jim Graves said Monday. The full airport commission is expected to approve the deal March 17.

by Tim Nelson

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March 2, 2015 4:02 PM

Boston Scientific buys Minnetonka line in $1.65B deal

Boston Scientific is buying American Medical Systems' men's and prostate health business, which has 275 Minnesota employees.

by Martin Moylan

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March 2, 2015 2:02 PM

Airline plans end to Duluth-Las Vegas flights

Declining passenger numbers are leading Allegiant to end scheduled flights from Duluth to Las Vegas. The service, which began in 2006, will end Aug. 18, airport officials said.

by Jon Collins

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