Business / StarTribune.com / Minneapolis - St. Paul, Minnesota

Friday, July 10, 2009

Twin Cities home sales in June up 33%

But a sizable chunk of the month's sales -- 40.7 percent -- were foreclosures and other distressed sales.

Oil dips below $59 as earnings season opens

Oil prices dipped below $59 a barrel Friday, ending a week in which crude has fallen more than 10 percent on growing pessimism about the economy and also the well being of companies about to report second-quarter earnings.

GM exits bankruptcy, CEO vows better performance

A leaner General Motors arose on Friday, making an unusually quick exit from bankruptcy with ambitions of making money and building cars people are eager to buy.

Minneapolis biotech company moving to Wisconsin

A Minneapolis biotech startup company says it's moving to Wisconsin.

Oil below $60 as traders eye company results

Oil prices slid well below $60 a barrel Friday as investors braced for company earnings reports next week that will provide clues on the strength of crude demand.

May trade deficit unexpectedly drops to $26B

The U.S. trade deficit fell to the lowest level in more than nine years in May as exports posted a small gain while the weak American economy pushed imports down for a 10th straight month.

Minn. regulators approve Xcel long-term plan

Minnesota regulators have signed off on Xcel Energy's plan for the future, which could include expanding generation capacity and storage at one of its nuclear power plants.

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Star Tribune video

  • Feds arrest 258 fugitives across state

    Operation FALCON, Federal and Local Cops Organized Nationally, arrested 258 fugitives in a week long sweep across the state in late June. Thursday afternoon officials had a press conference at the U.S. Federal Courthouse to announce the results of the operation.

  • Deer pulled from mud in Snail Lake

    Authorities attempt to save a doe stuck in mud up to its neck.

  • Jonas Brothers at the Target Center

    The Star Tribune's James Lileks and Jon Bream evaluate Wednesday night's concert.

  • Go behind the scenes at Cirque’s Kooza

    Tom goes backstage at Cirque du Soleil’s Kooza to find out what the production is all about. Catch the CW crew tonight at 10:30 on The CW Twin Cities, Ch.23.

  • C.J.--Lights out on Gen. Powell

    Gen. Colin Powell meets the media before speaking to Lions Clubs 92nd International Convention.

  • Naomi Gaines: Coping with tragedy

    Star Tribune's Curt Brown and Aimee Blanchette talk about the interview with Naomi Gaines. Six years ago Gaines threw her twin sons into the Mississippi River. Why did she do it and how is she coping?

  • NewsBreak for Wednesday, July 8, 2009

    Michael Rand hosts today's NewsBreak.

  • Twins looking for revenge

    The Twins are looking for revenge against the Yankees after losing four games to them in May.

  • Sen. Franken moving forward

    The Star Tribune's Allie Shah and Doug Tice discuss Sen. Al Franken's first day in office and his role in the U.S. Senate.

  • Franken takes oath of office

    Sen. Al Franken was officially sworn in today at the U.S Capitol, accompanied by Sen. Amy Klobuchar and Vice President Walter Mondale. Video courtesy C-SPAN.

Blog: Patent Pending

Bits of other stuff

AbbeyMoor Medical of Parkers Prairie has received pre-market approval from the Food and Drug Administration to sell “The Spanner,” a stent that treats men suffering from urinary problems because of a blocked prostate. Catchy name for a stent. Very vivid imagery. TST Media, a Minneapolis-based software company that specializes in Websites for amateur sport teams, said it [...]

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