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

Medtronic quarterly, full-year earnings top expectations

Medtronic CEO Omar Ishrak

The medical device giant's guidance for year ahead is viewed by some as conservative.

Hormel earnings weaker than expected as turkey lags

Hormel reported a weaker than expected quarter as it deals with an oversupply of turkey. (GLEN STUBBE/Star Tribune file photo)

The Austin-based company reported a sluggish second quarter as the marketplace faces an oversupply of turkey.

Toro posts strong results for second quarter

Toro's Senior Marketing Manager J. Wade Tollison demonstrates a walk-behind mower with PoweReverse on the grounds of the Toro Company's corporate offices in Bloomington. (JEFF WHEELER/Star Tribune file photo)

Bloomington-based company raises guidance for rest of the year.

Americans are eating more organic food than ever, survey finds

The Organic Trade Association said sales of organic food and goods grew more than 8 percent last year, reaching its highest-ever level.

Lawsuit alleges GM cheated on diesel pickup truck emissions

Shares of General Motors fell about 2 percent Thursday afternoon after the company was accused in a federal lawsuit of cheating on government diesel emissions tests.

Yale removes shelter set up by protesting graduate students

Yale University has removed a shelter that was set up by graduate students protesting the school's decision not to negotiate with their new union.

House Speaker: Lawmakers will meet new debt deadline

House Speaker Paul Ryan is assuring investors that Congress will meet a new deadline to increase the government's borrowing cap and avert an economy-quaking default on U.S. obligations.


Schafer: Employee ownership could be answer to exit of baby boomer owners
Lee Schafer

The deal-making crowd is understandably excited about the fees to be earned in helping baby boomers sell their businesses on their way into retirement. None…

The Food Group absorbs Minnesota Food Association
Inside Track

Minnesota's largest food bank wholesaler will assume the administrative tasks as the micro-farm work expands through MFA's Big River Farms near Marine on St. Croix


Mpls. restaurant owners push for 'tip credit' amid minimum wage debate

Restaurant owners say many servers exceed $15 an hour.


Schedule: Star Tribune celebrates 150th anniversary with events

Star Tribune Media Co. invites readers, advertisers and fans to join in marking the milestone of 150 years in publication. We hope you’ll celebrate with…


Housing court orders Mpls. landlord Stephen Frenz to return $27,813 to tenants

It is believed to be the largest rent abatement for multiple tenants in the 27-year history of housing courts in Minnesota.


Fairview hospital at U sued over alleged sexual assault of disabled teen

Lawsuit claims disabled minor was sexually assaulted twice in 30 minutes by an adult patient.


Minneapolis' plastic bag ban starts June 1, unless the state says no

For now, shoppers and businesses are preparing for the change.


From cowboys to robots: Truckers wary of automation

Drivers wary of future era with automated rigs.


Jennie-O will build new facility to replace aging processing plant

The new $137 million facility in Melrose will be installed with updated food safety technology.


26 patients die after upgrading Abbott blood pump at home

The deaths occurred after patients tried to perform routine maintenance on their HeartMate II blood pump, made by the former St. Jude Medical. A "recall" notice urges that the upgrades be done in a clinic or hospital.


Advisory board backs dissident slate for Buffalo Wild Wings board

The endorsement bolsters activist investor Marcato Capital Management's bid to shake up the company.


Schafer: Employee ownership could be answer to exit of baby boomer owners

The deal-making crowd is understandably excited about the fees to be earned in helping baby boomers sell their businesses on their way into retirement. None…