Business and Economic News

Iowa landowners sued, saying he Iowa Utilities Board doesn't have legal authority to give for-profit Texas oil company Dakota Access the right to forcefully condemn private farmland.
A long, winding journey: Best Buy turns 50
The Minnesota-based company has come a long way since it started as an audio components store in 1966.
Wal-Mart draws more shoppers, raises fiscal-year outlook
The world's largest retailer said employee wage increases led to an improved shopping experience that helped draw more customers to its U.S. stores.
Target announces expansion of bathroom options in U.S. stores
The retail giant denies that a backlash to its policy of opening bathrooms to transgender choice has caused a slide in sales.
Starbucks CEO Howard Schultz on America's conscience
Starbucks CEO Howard Schultz says America has lost its conscience, and leaves too many people behind with little hope and opportunity. He's calling for an economic and moral transformation and says there must be a balance between corporate profit and social impact.
Target cuts outlook in 'difficult' environment
The discounter's second-quarter net income fell nearly 10 percent. It also reported sales at stores open at least a year fell 1.1 percent, reversing six straight quarters of gains.