Business and Economic News

The plan is to build 60 units of affordable housing — including seven apartments for people who have been homeless for a long time — at the former home of the Minnesota Milk Company on University Avenue.
Much of the cash that sustains the Archdiocese of St. Paul and Minneapolis is held by legally separate groups, making it easier to protect church assets in a bankruptcy. Here's how the money flows.
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.
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.
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.