UnitedHealth Group has its headquarters in Minnetonka.

Cyberattack could cost UnitedHealth Group up to $1.6B this year

Minnetonka-based health care giant still beat first quarter earnings beat expectations after excluding one-time costs, including those related to the hack.

Xcel drops rate fight, which will keep Minnesota utility bills cheaper

3:30pm
Stacks from three large steam turbine-generators, along with massive mounds of coal, can be seen from the roof of the Sherburne County Generating Stat
It also abruptly ended a long-running and unusually bitter split between the company and Public Utilities Commission about the "return on equity" rate.

Minnesota House drops 'franchise fees' on internet providers that would have hiked bills

2:14pm
A crew lays down fiber-optic cable in Carver County, Minn., in 2022.
Supporters said the policy would improve broadband access and help fund government access programming, but telecom groups lobbied against the plan.
Local
5:13pm
Joel Ackerman, a former UnitedHealth Group executive and startup founder, was inspired by a Canadian man who started with a red paperclip, trading it

Buy Nothing meets GoFundMe: How a new Eden Prairie website aims to 'revolutionize' philanthropy

RedLadder is a new online marketplace where people trade free household items, resulting in donations to Twin Cities nonprofits.
Business
3:25pm
Becca Rudebusch at Seeds Farm near Northfield on Tuesday. Recent rains help overland crops, but many of the seedlings are watered up to three times a

Minnesota farmers welcome spring rain: 'There's nothing like the chemistry of rainwater'

The Land of 10,000 Lakes (and farms) slipped back out of drought last week and Tuesday's rains helped, too, good news especially for farmers.
Business
10:30am
The APi Group's headquarters in New Brighton.

New Brighton's APi Group continues its expansion with $570M acquisition

The addition of Tampa-based Elevated Facility Services Group is APi's largest acquisition since its 2021 acquisition of the Chubb fire and security business.
Business
7:02am
Customers arrive at a Target store, Wednesday, June 2, 2021, in North Miami Beach, Fla. Target says Thursday, Sept. 23, it will hire fewer seasonal wo

Some Target Up & Up acne products subject of federal class action suit

The lawsuit said the Minneapolis-based retailer should have had a warning on the labels that it contained benzene, a known cancer-causing agent.
Business
April 15
Playschool Child Care teacher Emily Lawson, center, plays with toddlers and preschoolers in her care Tuesday, April 4, 2023 in Maplewood, Minn. AARON

Minnesota child care providers struggle to fill more than 700 open positions

Difficulty finding qualified employees means fewer children served, including more than 2,000 unavailable child care slots statewide, a new survey showed.
Is your company on the list of Minnesota's 2022 Top Workplaces?
Business
Is your company on the list of Minnesota's 2022 Top Workplaces?
updated 5 hours 44 mins. ago
Worker expectations change at Minnesota firms as pandemic retreats.
Business
April 15
Realtor Jonathan Sells posed for a portrait next to a SOLD sign ouside a home he recently sold in Minneapolis on Monday.

Interest rate angst hasn't stopped Twin Cities homebuyers

Despite mortgage interest rates remaining high, the spring market is rife with listings and purchases.
Business
April 15
Xcel CEO Bob Frenzel and other executives were awarded a retention bonus.

Xcel CEO Bob Frenzel awarded $9M retention bonus

Bob Frenzel's compensation is down because of stock awards and bonuses being lower than in 2022.
Business
April 15
FILE- In this July 10, 2018, file photo bottles of medicine ride on a belt at a mail-in pharmacy warehouse in Florence, N.J. Drug companies are still

How to save money at the pharmacy counter

Health insurance benefits are the first tool, but shopping around, paying cash and accessing coupons are strategies to consider, as well.
Local
April 14
3M headquarters in Maplewood.

Some of Minnesota's largest companies have quietly closed their foundations

3M, General Mills and Thrivent have closed their foundations in recent years, changing how they give back to the community.
Business
April 14
Artificial intelligence can be your best business ally or your worst nightmare. It all depends on how you integrate it into your strategy.

Mackay: Approach AI with a mindset of collaboration rather than fear

By understanding its capabilities and limitations, we can harness its power to create a more efficient and innovative world.
Wolves
April 13
Wolves majority owner Glen Taylor claps during player introductions before the team played Toronto earlier this month.

Reusse: Taylor's story. 'I just bought the Minnesota Timberwolves.'

Thirty years ago, Glen Taylor went from frustrated mediator to NBA owner with a phone call, some writing on the back of an envelope and a handshake in a conference room full of lawyers and accountants.
With $324.2 billion in revenue, UnitedHealth again tops list of Minnesota public companies
Business
With $324.2 billion in revenue, UnitedHealth again tops list of Minnesota public companies
updated 1 hours 37 mins. ago
The top 50 companies as a whole posted revenue of $750.7 billion, up 7% from the year before. However, growth was slower than in 2021.
Duluth
April 13
Kathy Cargill's home in Duluth's Park Point neighborhood. Cargill's limited liability company has purchased more than 20 parcels on the point. ] JANA

Who is Kathy Cargill, the wealthy Park Point buyer who clashed with Duluth?

She married into one of America's wealthiest families but has shop-floor roots from northwestern Wisconsin.
Business
April 13
It's tax time as the deadline arrives for filing 2023 income tax returns.

Ramstad: Think retired people are leaving Minnesota? Think again.

It's a myth that Minnesota is losing retirees because of weather and high taxes. They're responsible for our population growth these days.
Business
April 13
Unless couples talk about money, they are bound to make incorrect assumptions and experience negative emotions and stress. (Dreamstime) ORG XMIT: 1266

Assuage your money stress through family communication

What you can do that has proven useful in harnessing the money beast.
Business
April 13
President Joe Biden departs after recently delivering remarks on student loan debt at Madison College in Madison, Wis.

Biden's new income-driven repayment plan could be boon for those with student loans

SAVE (Saving on a Valuable Education) changes the definition of discretionary income to increase the number of low-income borrowers eligible for $0 payments and subsidizes any unpaid interest that remains after a borrower makes a payment.
Business
April 13
Kansas City Chiefs tight end Travis Kelce (87) kisses Taylor Swift after the NFL Super Bowl 58 football game against the San Francisco 49ers, Sunday,

Grammar point: Make sure your nouns and verbs agree

Singular pronouns and nouns must be paired with singular verbs.
Business
April 12
Empire Foods takes over former Walmart in Brooklyn Center

Empire Foods takes over former Walmart in Brooklyn Center

Empire Foods Walmart Asian grocery Brooklyn Center
The Louriston Dairy near Murdock, built and operated by Riverview LLP, is home to 9,500 cows, 40 times more than the average American dairy. The compa
Agriculture News and trends about Minnesota's farm economy
updated 21 hours 31 mins. ago
We've created a new destination for everything agriculture in Minnesota and around the country.
Business
April 12
Minnesota's Largest Candy Store is a huge attraction that features thousand of different candy items.

Minnesota's Largest Candy Store to relocate and expand

A project on Hwy. 169 is prompting the move to nearby Jordan, Minn.
Business
April 12
We compare the prices of 15 items at Twin Cities grocery stores.

8 Twin Cities area grocery stores, ranked by affordability

We shopped at eight local grocery stores, some locally owned and some not, in search of the cheapest eats.
Business
April 12
Prairie Island Nuclear Power Plant pictured in 2017.

Cause of Xcel's Prairie Island nuclear outage: Workers drilled through cables

Xcel Energy initially pinpointed the cause of a lengthy outage at its Prairie Island nuclear power plant as an equipment issue.

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.