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

Twin Cities housing market expected to tighten more in 2017

A photo of a north Minneapolis home for sale.

St. Thomas real estate experts forecast 5 percent jump in median home prices.

Best Buy's Joly says he isn't leaving after report says he is top prospect for another job

Hubert Joly at the Ridgedale Best Buy before opening for Black Friday.

Brazilian newspaper says French retail giant Carrefour has him on a list of potential CEOs.

Target's ex-grocery chief lands new gig at Supervalu

Anne Dament will be senior vice president at crosstown company.

Stocks edge higher, snapping a 5-day losing streak for Dow

Cargill joins other multinationals in eliminating deforestation for food production

Wal-Mart, Mars and other major companies join the effort that focuses on the Amazon.

Bogus bongs or bogus lawsuits? Pipe maker sues over fakes

In the rarefied world of high-end bong makers, Roor glass water pipes have long been smoked to impress. The status symbols are so sought after that some models command prices of $1,000. There's even a diamond-studded, gold-gilded Roor that goes for nearly $4,000.

Indiana residents hope Pence keeps their interests in mind

When Fort Wayne needed expensive airport improvements, its mayor contacted an influential Indiana native — then-Vice President Dan Quayle — to help secure federal funding.


Ken Abdo's entertainment team joins Fox Rothschild
Inside Track

Philadelphia-based law firm Fox Rothschild, which entered the Twin Cities market last year by absorbing Oppenheimer Wolff & Donnelly, has hired Ken Abdo, the Twin Cities premiere entertainment lawyer and four other attorneys who composed the entertainment-and-IP practice at Lommen Abdo.

Black Rock Inc. bolsters its 3M holdings -
Inside Track

Black Rock Inc. bought more shares in 3M, pushing its ownership stake to above 5 percent.


North Loop becoming the place to be for retail

Innovative, independent retail sites hope to be the right fit for a surging neighborhood


Insider trading

Buffalo Wild Wings Sally Smith CEO Shares sold: 1,500 Price: $149.61 Date: Jan. 17 Directly holds: 43,893 Entellus Medical Inc.

Buffett says he supports Trump's Cabinet selections

Warren Buffett said he “overwhelmingly” supports President Donald Trump’s choices for Cabinet positions as the new commander-in-chief’s selections face confirmation hearings in the Senate. “I…


Minneapolis seeks to make taprooms dog-friendly

Minneapolis considering plan to tweak health codes so that doors can be open to pooches.


Ford expects $2B net income drop due to pension change

Ford says that a change in the way it values pension obligations will cut its 2016 net income by $2 billion.


Rick Gomez will become Target's new chief marketer

Rick Gomez has pushed some of the retailer's flashier initiatives.


Trump administration overturns Obama's mortgage-fee cut

Republicans have argued that reductions put taxpayers at risk by lowering the money available to deal with mortgage defaults.


Ken Abdo's entertainment team joins Fox Rothschild

Philadelphia-based law firm Fox Rothschild, which entered the Twin Cities market last year by absorbing Oppenheimer Wolff & Donnelly, has hired Ken Abdo, the Twin Cities premiere entertainment lawyer and four other attorneys who composed the entertainment-and-IP practice at Lommen Abdo.


Black Rock Inc. bolsters its 3M holdings -

Black Rock Inc. bought more shares in 3M, pushing its ownership stake to above 5 percent.


Thor Construction headquarters project gets Target backing

The $36 million project will include offices and retail on the north side of Minneapolis.