Business news on Minneapolis, St. Paul, the Twin Cities metro area and Minnesota | StarTribune.com

Hormel's profit fell 11 percent on cost squeeze, still beat expectations

While Hormel’s profit dipped, analysts saw reason for optimism because of the acquisitions of major food companies in the second half of the year.

Analysts were upbeat about the company's long-term prospects with greater diversification.

FCC unveils plan to scrap its net neutrality rules

This image shows a banner, top, on the Netflix website defending net neutrality, Wednesday, July 12, 2017. On Wednesday, Netflix joined other tech firms and internet activists in an online show of support for net neutrality, the principle that bars internet service providers from playing favorites with websites and apps. (Netflix via AP)

A rollback of net neutrality regulations would mark a significant victory for broadband and telecom companies like AT&T and Comcast.

Mayo Clinic reports $300,000 theft by worker

American Crystal Sugar fined $135,000 for air pollution violations

MPCA cited repeat violations in Crookston, East Grand Forks locations.

Medtronic weathers storms, posts better-than-expected revenue, earnings

Analysts believe the company can meet growth targets despite recent production headaches.

The Latest: Backstreet Boys member accused of rape

The Latest on sexual harassment allegations against celebrities and media (all times local):

Kwik Trip plans $300 million capital investment

Kwik Trip is planning to make a $300 million capital investment to support its convenience store chain.


Another trendy burger place is coming to Mall of America
Point of Sale

There's a new kid on the block in MOA's food scene. Hy-Vee is partnering with the Wahlberg brothers for a restaurant called Wahlburgers that will open in Mall of America in the spring.

Zelickson may open another "Big Thrill Factory" location
Inside Track

Big Thrill Factory, the two-site locale for bowling, bumper cars, video and other games, is growing and getting accolades.


Essentia fires about 50 workers over refusal to get flu shots

The Duluth-based health system says many employees ultimately got vaccinations, and that patients will be safer.


Emily Program to narrow eating disorder treatments, drop roughly 250 patients

The eating disorder clinic will focus on patients with severe and dangerous eating disorders.


New book reminds readers that in Silicon Valley, tension helps drives innovation

Leslie Berlin's 'Troublemakers' portrays the rise of PCs, video games, venture capital and biotech in the 1970s and 1980s.


Gov. Dayton issues new environmental targets for state agencies

The executive order sets standards to hit by 2027.


Patterson Cos. misses quarterly expectations again

Sales declined 2.3 percent, and earnings dropped more than 10 percent.


Company news: Piper Jaffray names Tim Carter as CFO

Piper Jaffray Cos. Inc., Minneapolis, named Tim Carter as chief financial officer effective Jan. 1. Carter, currently senior vice president of finance and treasurer, succeeds…


Minnesotans thrilled to be part of presidential turkey pardon

The crew that raised him in Douglas County was thrilled to be part of the ceremony.


Pixar chief Lasseter on leave after report of unwanted advances on women

The animation guru apologized for making some "feel disrespected or uncomfortable."


Proto Labs to buy sheet metal firm Rapid Manufacturing for $120 million

Deal to close by year end and add 300 workers.


Alexander: What to do when an old word processing or spreadsheet format fades away

The problem is in formats.