Banking + Finance

Wells Fargo cutting more mortgage jobs; 203 in Twin Cities

The latest round of job cuts at Wells Fargo’s mortgage division is also one of the deeper ones, at least in Minnesota. The bank says it’s cutting 203 employees in the Twin Cities, the...

February 26, 2014

Target store

Canada Woes Hurt Target’s Profits More Than Data Breach

Target’s profits fell 46 percent in the fourth quarter, dropping from $1.47 per share to $0.81 per share; Target attributed $0.40 of the loss to its Canadian segment and $0.02 per share to the data breach.

February 26, 2014

Money

MN Banks' Profits Outpace National Growth

Profits at Minnesota-based banks climbed more than 17 percent in 2013, outpacing the national growth rate of 9.6 percent.

February 26, 2014

Backers of a $9.50 minimum wage press their case at Capitol

Minnesota lawmakers weren’t the only ones who returned to the state Capitol Tuesday. Hundreds of supporters of a minimum wage increase rallied in the rotunda, urging the Legislature to raise...

February 25, 2014

State Capitol

Which Issues Will Be The Focus Of This Legislative Session?

The legislative session that begins Tuesday will focus on the recent bonding bill, the minimum wage, business-to-business taxes, and the state’s projected budget surplus.

February 25, 2014

FBI Investigating Liquidated MN Credit Union

St. Francis Campus Credit Union is the subject of a federal investigation, and its assets have been acquired by the larger Central Minnesota Credit Union.

February 24, 2014

Young Millionaires

Minnesota's Young Millionaires

These business leaders have achieved more success by age 40 than most people do in their whole careers. Here’s how they did it.

February 21, 2014

Poll: Many Minnesotans for minimum wage hike; some say $9.50 too much

A new Minnesota Poll by the Star Tribune finds that Minnesotans are overwhelmingly in favor of a hike in the state’s minimum wage, yet are split on what that minimum should be. According to...

February 19, 2014

How much salary does it take to buy a median-priced home?

A company that tracks mortgage rates around the country has studied how much income is needed to buy a median-priced home in America’s 25 largest metro areas. And the numbers from HSH.com...

February 18, 2014

Aetrium Safeguards Tax Benefits Of Carrying Over Losses

The semiconductor equipment manufacturer recently adopted a shareholder rights plan in an attempt to pay lower income taxes by “carrying over” its $76 million in losses.

February 18, 2014

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