Business and Economic News

November 20, 2014 10:38 AM

Archdiocese reports $9.1M deficit, mulls bankruptcy

The Archdiocese of St. Paul and Minneapolis reiterated that it is considering filing for bankruptcy as its financial condition has become more uncertain due to the growing potential for more lawsuits by victims of clergy sexual abuse.

by Amy Forliti, Associated Press and MPR News Staff

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November 20, 2014 6:54 AM

Best Buy 3Q results beat Wall Street forecasts

Topping Wall Street expectations, Best Buy says its third-quarter profit was $107 million.

by The Associated Press

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November 19, 2014 5:36 PM

Target's 3Q profits up, sales recover

The results are encouraging as the discount retailer gears up for the holiday shopping season, a year after last year's data breach sent potential customers elsewhere.

by Martin Moylan

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November 19, 2014 11:06 AM

How immigrants contribute to Minnesota's economy

What does the future of that contribution look like with the projected demographic changes in Minnesota?

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November 19, 2014 9:06 AM

The state of Minnesota business ethics

Two Minnesota business leaders join The Daily Circuit to discuss whether businesses can thrive when they put customers or employees ahead of owners or shareholders.

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November 19, 2014 7:00 AM

High beef prices a boon for drought-weary ranchers

Though the inflated prices may be hard on consumers, they're helping Texas cattle ranchers recover from a fierce drought.

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November 18, 2014 5:10 PM

Feds say millions of air bags need to be recalled

The National Highway Transportation Safety Administration says a full national recall is needed for air bag inflators that have been found to sometimes pepper drivers with metal shrapnel.

by Christopher Dean Hopkins

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November 18, 2014 3:34 PM

FAA can regulate small drones, says NTSB

Overturning a ruling that the FAA was wrong to fine a man $10,000 for flying a small drone, the NTSB says the agency can regulate such drones as "aircraft."

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November 18, 2014 3:06 PM

MnDOT chooses new path for Highway 53 on the Iron Range

A $220 million project will carry Highway 53 on the state's highest bridge across the abandoned Rouchleau Pit on the Iron Range.

by Dan Kraker

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November 18, 2014 8:00 AM

Firm accused of illegal practices that push families into foreclosure

A class-action lawsuit alleges that Ocwen Financial Corp. has been charging marked-up, illegal fees and unfairly pushing homeowners into foreclosure.

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