Business and Economic News

If local farms aren't local enough, buy from the rooftop
Some urban farmers are even experimenting with growing food a few blocks away from or even inside the grocery store. Call it uber-local food. Most of these new ventures are lead by idealistic entrepreneurs who want to part of the new food system. It's not yet clear whether they'll fit in for the long haul.
Farmers markets feed demand for local food
Because of the long winter, most of the vegetables are behind schedule this year. But once they start crowding the stands, the Central Minnesota farmers markets are expecting another encouraging selling season.
Best Buy bulls prevail, for now
Best Buy's financial results Thursday fueled a battle among bullish commentators and bears who saw doom. One Wall Street analyst said the Best Buy's turn-around initiatives were starting to help the bottom line.
The state of gender politics in the workplace
The New York Times firing of Executive Editor Jill Abramson reignited the debate about the impact of gender in the workplace.
Best Buy profits from cost-cutting, tax benefit
Best Buy has been dealing with increased competition from online stores, notably Amazon.com, and discounters like Wal-Mart. Under CEO Hubert Joly, the company has been trying to turn around results, revamping merchandise, training employees and cutting costs.
With earnings down, Target takes at aim at Canada, e-commerce
Target's latest earnings report shows that its net income slid 16 percent from a year ago, to $418 million. More than $200 million in operating losses accounted for the bulk of the decline. In contrast, data breach costs represented a hit of only $18 million.