Personnel
TCF Financial elects Craig Dahl chairman
TCF Financial, Wayzata, announced that its board of directors has elected President and CEO Craig Dahl as chairman of the board. Dahl joined the company in 1999 and was named to its board in 2012.
Dahl succeeds William Cooper as chairman. Cooper was chairman from 1985 until his death earlier this year.
Dividends
Polaris declares 58-cent dividend
Polaris Industries Inc., Medina, has declared a quarterly dividend of 58 cents per share, payable on June 15 to shareholders of record on June 1.
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Business
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Tesla's first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would move up production of new, more affordable vehicles.
World
Canadian police charge 2 former UN employees with conspiracy to sell military equipment in Libya
Two former United Nations employees in Montreal have been charged with participating in a conspiracy to sell Chinese-made drones and other military equipment in Libya, Canadian police said Tuesday.
Business
Baltimore port to open deeper channel, enabling some cargo ships to pass after bridge collapse
Officials in Baltimore plan to open a deeper channel for commercial ships to enter and leave the city's port starting on Thursday — a significant step toward reopening the major maritime shipping hub that has remained closed to most traffic since the Francis Scott Key Bridge collapsed last month.
Business
Stock market today: Wall Street rallies again to erase more of April's losses
U.S. stocks rallied for a second straight day Tuesday to blunt the blow of what's been a rough April.
Business
The world's largest 3D printer is at a university in Maine. It just unveiled an even bigger one
The world's largest 3D printer has created a house that can cut construction time and labor. An even larger printer unveiled on Tuesday may one day create entire neighborhoods.