Business and Economic News

Target rattles Wall Street with weak quarter, outlook
Target reported a 43 percent drop in fourth-quarter profit and weak store sales overshadowed an improving online performance.
Ross confirmed as commerce secretary
Wilbur Ross, 79, made his fortune buying distressed companies and restoring them to health. Criticized by some as a "vulture capitalist," Ross received the support of the United Steelworkers union.
Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S.
Trump says Oscars focused hard on politics before 'sad' end
The president said in an interview with Breitbart News on Monday that the Academy Awards "focused so hard on politics that they didn't get the act together at the end."
Senate OKs Sunday liquor sales bill; Dayton expected to sign
It's not headed to Gov. Mark Dayton's desk yet. The Senate bill restricts Sunday liquor sales to a narrower time window than House legislation. The House could agree to a shorter opening period this week.
How the media are using encryption tools to collect anonymous tips
Technology has made for more ways to leak scoops to the press than ever before. And newsrooms across the country are taking advantage of that.
Mostly minority, mostly for Trump: Worthington mulls its future
Worthington, Minn., went solidly for Donald Trump in the presidential election. That doesn't seem to square up with the town's need for immigrant workers and its increasingly diverse population.
Experts discuss the importance of expanding your horizons, listening to "the other side" and avoiding fake news when forming political opinions.
Dakota Access oil pipeline could be operating within weeks
Oil could be flowing through the $3.8 billion Dakota Access pipeline in less than two weeks, according to court documents filed by the developer.