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

Abbott's $30 billion deal for St. Jude Medical not seen as job killer

The shareholders of the last giant medtech company based in Minnesota are being rewarded with a giant premium.

Advocate wants to help Minnesota's senior renters to 'age artfully'

Tim Carpenter is pushing housing developers and art centers to get together.

10 things your kid should know about money by age 18

Point of Sale

10 things your kid should know about money by age 18

Two Twin Cities firms among American Lawyer 100

Inside Track

Faegre Baker Daniels and Dorsey & Whitney among the 100 largest law firms in America in 2015

A mid season executive compensation report

Halfway through the proxy season executive compensation data firm Equilar has published its list of the 100 highest paid CEOs, it includes three Minnesota executives.


U.S. economy struggles at start of election year

It was not a great start for the U.S. economy.


Rovi buying TiVo in $1.1B cash-and-stock deal

Digital TV listing company Rovi is buying TiVo in a cash-and-stock deal valued at about $1.1 billion.


Exxon sees smallest profit in 16 years, Chevron posts loss

Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crude.


US rig count drops 11 this week to 420, another all-time low

The number of rigs exploring for oil and natural gas in the U.S. dropped by 11 this week to 420, again reaching an-time low amid depressed energy industry prices.


Congress heads out with no resolution on Zika, Puerto Rico

Congress headed out of Washington on Friday, accomplishing relatively little in a short work period and missing deadlines on the budget and on helping Puerto Rico with its financial crisis.


Pennsylvania probes possible link between quakes, fracking

Pennsylvania environmental regulators want to determine whether a series of minor earthquakes in the state this week were caused by nearby fracking operations.Five tiny temblors…


Jailed Montana resort founder invokes right to silence

The jailed founder of a Montana club for the ultrarich said he won't answer a judge's demands to reveal what happened to hundreds of millions of dollars in assets he drained from the resort prior to its bankruptcy.


The top 10 songs and albums on the iTunes Store

iTunes' Official Music Charts for the week ending April 28, 2016:Top Songs1. Purple Rain, Prince & The Revolution2. Formation, Beyoncé3. Little Red Corvette, Prince4. Let's…


Original power lunch eatery to close and everything must go

New York's original power lunch restaurant is closing, and the furniture, tableware and even the pots and pans will be sold.


Recalls this week: Tie-downs, folding bikes

A line of faulty ratcheting tie-downs that can fail to hold a secured load is among this week's recalled consumer products. Others include faulty folding…


Study: US oil field source of global uptick in air pollution

An oil and natural gas field in the western United States is largely responsible for a global uptick of the air pollutant ethane, according to a new study.


First widely-available Zika test OK'd for emergency use

The first commercial test for Zika virus has been granted emergency use in the U.S. and could be available by next week.


Grand Forks drone unit cleared to fly nationwide missions

A county law enforcement unit in North Dakota that has been at the leading edge of unmanned aircraft development is cleared to fly drones throughout the country.


Federal investigators fault VA review of Texas wait times

Federal authorities have determined that an investigation by the U.S. Department of Veterans Affairs into the manipulation of wait times for Texas veterans seeking care was "deficient and unreasonable."