Banking + Finance

Lawmakers closer to raising Minnesota's minimum wage

State lawmakers on Monday reached what the Star Tribune calls a breakthrough in a long-deadlocked debate about raising Minnesota’s minimum wage – although disputes persist among DFL leaders...

March 04, 2014

Minnesota budget surplus estimate soars to $1.2 billion

State officials on Friday unveiled an eagerly awaited budget forecast: Minnesota has a projected $1.23 billion surplus for fiscal years 2014-2015. That’s up significantly from an estimate...

February 28, 2014

Northwestern Mutual headquarters

Insurance Firm To Add 300 MN Reps, Interns In 2014

Northwestern Mutual plans to add 107 financial representatives and 195 interns at several offices throughout Minnesota.

February 27, 2014

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

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