Business and Economic News

May 24, 2018 2:12 PM

Twin Metals releases updated plans for copper-nickel mine near Ely

The company plans to open an office in Babbitt and would locate its proposed processing site on land it owns east of Birch Lake.

by Elizabeth Dunbar

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May 24, 2018 8:54 AM

Best Buy posts strong sales, but investors sour on outlook

Best Buy posted strong sales of mobile phones, appliances, and smart computing products as it showed in its financial results that store chains can still thrive as shoppers buy more online.

by The Associated Press

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May 23, 2018 7:21 PM

Sun Country adding seats to its planes, promises customers won't feel squeezed

Eagan-based Sun Country plans to spend $20 million to spiff up its planes, giving them new seats and other upgrades.

by Martin Moylan

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May 23, 2018 5:20 PM

Law school reckoning: University of Minnesota wants more subsidies to stay selective

The University of Minnesota is finally seeing a slight increase in enrollment after a huge decrease in the early 2010s. But the school is still hurting financially and relying on subsidies to maintain its stature.

by Peter Cox

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May 23, 2018 2:56 PM

Maker of candy hearts and Necco Wafers is up for grabs

The 171-year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine's Day was up for grabs in bankruptcy court Wednesday.

by Associated Press

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May 23, 2018 5:28 AM

Target's bright spot: robust customer traffic

Target proved itself one of the few retailers that saw more customers both at its stores and online, though its investment in updating the stores hurt first-quarter profit.

by Martin Moylan and The Associated Press

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May 22, 2018 4:47 PM

Registrars losing millions since faulty rollout of MNLARS

One deputy registrar, who said he's lost nearly $100,000 in the last year, said if the state doesn't reimburse them, some offices will close.

by John Enger

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May 22, 2018 1:57 PM

A woman has been named as NYSE CEO. It only took 226 years

Stacey Cunningham, who started her career at the exchange as a summer intern on the ground floor, has been appointed to lead the Big Board starting Friday.

by Vanessa Romo

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May 22, 2018 1:15 PM

Branson-owned health company to merge with its rival

An employee well-being company owned by British billionaire Richard Branson says it will merge with its Minneapolis-based rival and make Providence the new corporate headquarters.

by Associated Press