usb012209.box
On the homepage
NewsBreak
Out There
Thanksgiving
Vikings
The good and the bad
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
More from Business
U.S. Bancorp reported fourth-quarter profits Wednesday.
HIGHLIGHTS
• Loans and deposits grew at a healthy clip.
• Interest margins on loans have improved.
• Capital ratios are stronger than those of many peers.
LOWLIGHTS
• Nonperforming loans have nearly quadrupled.
• Loan losses forced the bank to dip into earnings to bolster reserves.
• Net income fell 65 percent.
Recent Business stories
Louisiana businessman charged in alleged $20 million Ponzi scheme ordered held without bond - January 21, 2009
Louisiana businessman charged in alleged $20 million Ponzi scheme ordered held without bond - A Louisiana businessman charged with defrauding investors out of nearly $20 million in an alleged Ponzi scheme has been ordered detained in federal custody. More
- Jurors resume deliberations in Petters trial
- Reports on GDP and consumers signal modest rebound
- Record 2.1M dropside cribs recalled
- Americans gloomy on economy heading into holidays
- Holiday gift: Amazon-Wal-Mart price war
- A man with a plan to get jobless working stiffs back to work
- Stores jump the gun to get jump on competition
Blog: Patent Pending
Lights out at U energy conference. Irony police notified.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
Comment on this story | Be the first to comment | Hide reader comments