Business
May 25, 2017
Hormel reported a weaker than expected quarter as it deals with an oversupply of turkey. (GLEN STUBBE/Star Tribune file photo)

Hormel earnings weaker than expected as turkey lags

The Austin-based company reported a sluggish second quarter as the marketplace faces an oversupply of turkey.
Business
May 25, 2017

Willmar hospital, doctors to link with CentraCare

Short of a merger, the deal continues trend of greater Minnesota hospitals partnering with regional medical centers.
Business
May 25, 2017
Medtronic CEO Omar Ishrak said the sale shows the medical device manufacturer's commitment to "disciplined portfolio management."

Medtronic beats estimates, then draws shrug with earnings outlook

The medical device giant's guidance for year ahead is viewed by some as conservative.
Business
May 25, 2017
Toro's Senior Marketing Manager J. Wade Tollison demonstrates a walk-behind mower with PoweReverse on the grounds of the Toro Company's corporate offi

Toro posts strong results for second quarter

Bloomington-based company raises guidance for rest of the year.
Business
May 25, 2017
Best Buy

Best Buy stock soars after better-than-expected earnings

Best Buy CEO Hubert Joly said Best Buy will roll out nationwide later this year an in-home advisors program it has been testing in a handful of markets for about a year.
Business
May 25, 2017
365 Nicollet ] GLEN STUBBE ï glen.stubbe@startribune.com Wednesday May 24, 2017 1003867380 - This week's feature for the Bricks & Mortar page tak

Apartment demand high in Twin Cities as new construction shifts to suburbs

Despite a four-year construction boom, insatiable demand is not letting up.
Business
May 25, 2017
From left, Sen. Orrin Hatch, R-Utah, Sen. Lamar Alexander, R-Tenn., Sen. John Barrasso, R-Wyo. , Sen. John Cornyn, R-Texas, Senate Minority Leader Mit

Senate mulls rewrite of health bill, pushing ACA repeal to 2020

They seek to draft a more modest version than a House plan that nonpartisan analysts said would undermine some insurance markets.
East Metro
May 25, 2017
The Hewing Hotel in Minneapolis. The 124-room hotel will officially open its doors Wednesday. ] CARLOS GONZALEZ cgonzalez@startribune.com - November 1

Stillwater gets a senior apartment project

Variety
May 25, 2017
Barista Andy Regan, right, watched as Jennifer Ivers, of Minneapolis, placed a dollar in the tip jar Wednesday afternoon at Maeve's Cafe. ] AARON LAVI

Mpls. restaurant owners push for 'tip credit' amid minimum wage debate

Restaurant owners say many servers exceed $15 an hour.
Local
May 25, 2017
John Cowles, publisher, shows off the Star Tribune Globe in about 1951.

Schedule: Star Tribune celebrates 150th anniversary with events

Business
May 24, 2017
Golden Valley-based General Mills has made significant investments in the natural and organic food segment, with large acquisitions such as its $820 m

Americans are eating more organic food than ever, survey finds

The Organic Trade Association said sales of organic food and goods grew more than 8 percent last year, reaching its highest-ever level.
Minneapolis
May 24, 2017
Minneapolis landlord Stephen Frenz is fined $187,390 by a Hennepin County court referee.

Housing court orders Mpls. landlord Stephen Frenz to return $27,813 to tenants

It is believed to be the largest rent abatement for multiple tenants in the 27-year history of housing courts in Minnesota.
Local
May 24, 2017

Fairview hospital at U sued over alleged sexual assault of disabled teen

Lawsuit claims disabled minor was sexually assaulted twice in 30 minutes by an adult patient.
Minneapolis
May 24, 2017
Justin Marshall bagged customers groceries at Kowalski's in Southwest Minneapolis. Kowalski's customers are given a choice of paper or plastic grocery

Minneapolis' plastic bag ban starts June 1, unless the state says no

For now, shoppers and businesses are preparing for the change.
Business
May 24, 2017

Jennie-O will build new facility to replace aging processing plant

The new $137 million facility in Melrose will be installed with updated food safety technology.
Local
May 24, 2017
26 patients die after upgrading Abbott blood pump at home

26 patients die after upgrading Abbott blood pump at home

The deaths occurred after patients tried to perform routine maintenance on their HeartMate II blood pump, made by the former St. Jude Medical. A "recall" notice urges that the upgrades be done in a clinic or hospital.
Business
May 24, 2017
Buffalo Wild Wings is based in Golden Valley.

Advisory board backs dissident slate for Buffalo Wild Wings board

The endorsement bolsters activist investor Marcato Capital Management's bid to shake up the company.
Business
May 24, 2017

Schafer: Employee ownership could be answer to exit of baby boomer owners

Business
May 24, 2017

Company news: Donaldson declares quarterly dividend

Business
May 24, 2017

The Food Group absorbs Minnesota Food Association

Minnesota's largest food bank wholesaler will assume the administrative tasks as the micro-farm work expands through MFA's Big River Farms near Marine on St. Croix

Business

Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.