Business
December 6, 2017
Piper Jaffray Companies CEO Andrew Duff is retiring at the end of the year.

Piper Jaffray CEO Andrew Duff retiring

Chad Abraham will assume the CEO position on Jan. 1
December 6, 2017

Mars to base US headquarters in New Jersey

Mars Wrigley Confectionary is basing its U.S. headquarters in New Jersey.
Business
December 5, 2017
PNC will open a handful of branches in the Twin Cities as part of a plan to launch a national digital retail bank.

PNC will open some bank branches in Twin Cities

The Pittsburgh-based bank will focus chiefly on corporate customers.
West Metro
December 5, 2017

Edina fertility clinic hacked in ransomware attack

"There is no evidence that patient information was accessed, viewed or used," said an executive with Denver-based CCRM.
December 5, 2017
Ford’s Alexa feature is just the start of what technology is to come.

New in-car technology at Los Angeles Auto Show hints at emerging battle for control of the car

As demand rises for virtual assistants, automakers may have to cede to Google and Amazon.
Business
December 5, 2017
Minnetonka-based UnitedHealth Group is in the sights of CVS and Aetna as they try to merge.

Schafer: CVS-Aetna deal is about catching up to UnitedHealth

Of the two competitors, the one to bet on is the one that doesn't need to operate a big network of brick-and-mortar stores.
December 5, 2017
The Cineworld-Regal combination would create a company with more than 9,500 screens in 10 countries.

Cineworld and Regal in blockbuster merger to challenge AMC

Cineworld will buy Regal, creating second largest chain of movie theaters.
Business
December 5, 2017

Alexander: Fixing PC startups and phone e-mail displays

Q: My Windows 7 PC, now five years old, has recently begun to wipe out my personal settings every time it starts up. The programs…
December 5, 2017
Ford plans to introduce 15 battery electric or plug-in hybrid car models in China by 2025, the company announced Tuesday.

Ford's chairman says future of electric vehicles is in China

SHANGHAI – The world’s automakers are just starting to bet on an electric car future — and already, one of the most powerful people…
North Metro
December 5, 2017

North Central Stamping employee gets 33 months in jail for embezzlement

Former controller pleaded guilty to stealing $1.1 million to fund car restoration hobby.
Business
December 5, 2017

Toro Co. expands its board of directors

directors Toro Co. expands its board of directors The Toro Co., Bloomington, elected to expand its board of directors from 10 to 11 members and…
Business
December 5, 2017
3M has pledged another $8 million to University of Minnesota. (Photo by Ken Wolter)

3M gives $8 million more to University of Minnesota campaign

The new gift will support STEM and business education and brings 3M's total gift to $26 million.
December 5, 2017

Senate panel OKs Powell as Fed chief

Banking Committee vote is 22-1; full Senate vote next.
Business
December 5, 2017

Best Buy fights shopping lull with 20 days of deals

Best Buy is releasing a "doorbuster" deal everyday for 20 days in December at what it guarantees will be lowest price of season
Business
December 5, 2017
Patterson rings Opening Bell at Nasdaq

Patterson rings Opening Bell at Nasdaq

Patterson Cos. brought 15 employees to help ring Nadaq's Opening Bell Tuesday to commemorate their 25 years as a public company.
Business
December 5, 2017

Clinical trial puts Apple Watch's heart monitoring prowess to the test

Along with tracking a wearer's workout, company hopes to show its watch can effectively detect atrial fibrillation.
December 5, 2017

Facebook CEO to take a month of parental leave in December

Facebook CEO Mark Zuckerberg says he's taking parental leave this month to spend more time with his daughters.
Local
December 5, 2017
The view from a third-floor balcony facing a city park at Oxford Village, a new 51-unit affordable housing complex along Blake Road N. in Hopkins.

Tax bill has developers of affordable housing scrambling

Developers rush to finish projects amid worry that the GOP bill will stifle renovation and construction of apartments and houses for low- to moderate-income families.
December 5, 2017
Jerome Powell, a member of the Federal Reserve's board since 2012, is a step closer to becoming chairman after his nomination was approved by the Sena

Senate panel approves Jerome Powell as Fed chairman

The Senate Banking Committee on Tuesday approved President Donald Trump's selection of Jerome Powell to be the next chairman of the Federal Reserve.
Variety
December 5, 2017
"News" reports such as this one and others with outrageous contentions have been steadily appearing on the Facebook page for Explore Minnesota Tourism

What the hack? Minnesota tourism agency removes fake posts from Facebook page

The Facebook account for the state of Minnesota’s primary tourism agency was hacked at the start of the business day Monday, with a slew of…