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UnitedHealth tops 3Q forecasts as it resets coverage prices to deal with rising costs

UnitedHealth tops 3Q forecasts as it resets coverage prices to deal with rising costs

UnitedHealth has returned to better-than-expected growth after starting the year swamped by medical costs and withdrawing its forecast for 2025. Leaders of the health care giant say care use is now climbing at rates they expected, and the company envisions annual growth next year that accelerates in 2027.
by The Associated Press

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The new $50M Literary Arts Fund will support independent publishers and nonprofits

The new $50M Literary Arts Fund will support independent publishers and nonprofits

A coalition of seven charitable foundations has established a Literary Arts Fund to support independent publishers and nonprofit organizations. The fund will distribute at least $50 million in grants over the next five years.
by The Associated Press

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Amazon lays off thousands of corporate workers as it spends big on AI

Amazon lays off thousands of corporate workers as it spends big on AI

Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will cut 14,000 jobs, citing a goal of "reducing bureaucracy, removing layers."
by Alina Selyukh

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Minneapolis teachers vote to authorize strike

Minneapolis teachers vote to authorize strike

The vote outcome does not mean a strike has been called by Minneapolis teachers. If the union chooses to move ahead with a work stoppage, it would need to announce a strike date with at least 10 days’ notice to the district.
by MPR News Staff, Elizabeth Shockman and Feven Gerezgiher

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Timberwolves will be without Anthony Edwards for at least a week due to a hamstring strain

Timberwolves will be without Anthony Edwards for at least a week due to a hamstring strain

Minnesota Timberwolves star Anthony Edwards will miss at least a week due to a strained right hamstring. He was sidelined in the opening minutes of Sunday's game against Indiana.
by The Associated Press

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Minnesota United win Game 1, edge Seattle Sounders in penalty shootout

Minnesota United win Game 1, edge Seattle Sounders in penalty shootout

Minnesota United FC defeated the Seattle Sounders following a scoreless draw Monday night in St. Paul, in the opener of their best-of-three MLS Western Conference playoff series.
by Reuters

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Target cutting 800 jobs across Minneapolis and Brooklyn Park, raising concerns about broader economic slowdown

Target cutting 800 jobs across Minneapolis and Brooklyn Park, raising concerns about broader economic slowdown

Target is undergoing a corporate restructuring that includes layoffs concentrated in its downtown Minneapolis headquarters where it employs some 7,000 people. 
by Chris Farrell

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