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Business and Economic News

Target: Register delays unrelated to data breach

Target is apologizing for a glitch in its system Sunday that caused cash register delays at some U.S. stores. But the company says the delays were not related to any data security issue.

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Medtronic agrees to acquire Irish health care company for nearly $43 billion

Medtronic agrees to acquire Irish health care company for nearly $43 billion

Fridley-based Medtronic has agreed to buy Irish health care products company Covidien for $42.9 billion in cash and stock. The deal will move Medtronic's principal executive offices to Ireland, where Covidien is based.
by Peter Cox

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Fans brace for expensive All-Star Game at Target Field

Fans brace for expensive All-Star Game at Target Field

The Twins promise a five-day extravaganza for the All-Star Game, to be played next month at Target Field. There's a celebrity softball game, a player parade and, of course, a home run derby. All those events add up to steep ticket prices, leaving some fans unhappy. All those events add up to steep ticket prices, leaving some fans unhappy.
by Peter Cox

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Dispatches from the Green Line: Opening Day

Dispatches from the Green Line: Opening Day

Follow along as MPR News reporter Jon Collins rides the Green Line all day, telling the stories from the stations, the train and the first-day festivities. There'll be speeches, celebrations, music, free rides and plenty of fanfare as the Green Line light rail project launches today. The first trains leave the station at 10 a.m., and rides on all Metro Transit buses and trains will be free all day.

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Target shareholders to board: We are not happy

Target shareholders to board: We are not happy

At a Target shareholder meeting in Dallas, four of 10 board members received less than 80 percent of shareholder votes cast, including Roxanne Austin, the board's interim chair. Three others fell far short of the vote of 90 percent or more that corporate board members generally receive.
by Martin Moylan

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Timothy Geithner on leaning in against the forces of gloom.

Timothy Geithner on leaning in against the forces of gloom.

Former Treasury Secretary Timothy Geithner speaks at the Commonwealth Club about the difficult decisions made to save the US economy from collapse. In an interview with Bethany McLean, he said all of the choices were bad and many of the decisions were deeply counter-intuitive and seemed to reward incompetence.

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