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

St. Jude Medical fires back at short seller over device claims

On Tuesday morning, St. Jude, based in Little Canada, issued a statement rebutting a video published on Vimeo.com by Muddy Waters the day before.

St. Jude Medical on Tuesday said a short-selling investment firm and its hired hackers are frightening patients by raising false concerns about whether the Minnesota company's pacemakers and implantable defibrillators are vulnerable to computer hacking.

KKR buys Calabrio, Minneapolis maker of call-center analysis software

KKR is buying Minneapolis-based Calabrio, a maker of software and products that help companies analyze the effectiveness of call centers. Photo shows Tom Goodmanson, CEO of Calabrio, at the company's office in April 2016.

NY investment firm sees Calabrio as base to build on.

Christopher & Banks does not meet its own expectations in second quarter

The company's stock was off 20 percent after reporting a dip in sales and a $4 million loss.

US stocks are mostly lower as investors wait for jobs report

U.S. stocks were slightly lower in afternoon trading Tuesday in another quiet day as the slow summer season comes to an end. Hershey plunged after the company walked away from a merger proposal, and Apple slipped after the company was hit with a large tax bill in Europe.

Potash Corp. and Agrium say they are in talks to combine

Fertilizer makers Potash Corp. and Agrium say they are in talks to combine into one company.

The Latest: Congressman leaves hospital after heart attack

The Latest on a heart attack suffered by a Nevada congressman (all times local):

Crashed sightseeing plane pulled from lake near New Orleans

A crane on a barge lifted the wreckage of a small sightseeing plane from a lake near New Orleans on Tuesday, the bodies of the pilot and a passenger still in the cabin, authorities said.


Business case for Southwest LRT rolls, with a detour
Neal St. Anthony

Business lobbyists as well as transit advocates are pressing Gov. Mark Dayton and House Speaker Kurt Daudt, a Republican whose caucus eschews metro-transit projects, to…

'Low-Value' Health Care Runs Up Big Bills
Inside Track

A new study calculates potential savings from reducing the use of health care services that don't always do much for patients.


Business case for Southwest LRT rolls, with a detour

Business lobbyists as well as transit advocates are pressing Gov. Mark Dayton and House Speaker Kurt Daudt, a Republican whose caucus eschews metro-transit projects, to…


EU: Apple must pay 13B euros in back taxes

Apple will have to pay up to 13 billion euros ($14.5 billion) plus interest in back taxes to Ireland after the European Union found Tuesday that the U.S. technology giant received illegal tax benefits over 11 years.


'Low-Value' Health Care Runs Up Big Bills

A new study calculates potential savings from reducing the use of health care services that don't always do much for patients.


Outside Consultant


Race for Facebook data center raises tax-break questions

The race between a small town on the Rio Grande in New Mexico and a Salt Lake City suburb to entice a new Facebook data center with millions of dollars in tax breaks and subsidies is raising questions about public investments in a booming cloud-computing economy that typically brings few local jobs.


Prime Therapeutics, Walgreens to form pharmacy alliance

Prime Therapeutics deal would integrate pharmacy, Blue plan.


With no takers, funeral home offered for free will be torn down for condo

It’s hard to give away a building when the new owner has to move it. Representatives from Alatus, the developer planning to build a 40-story…


Syngenta purchase by ChemChina moves forward

Some worry that Chinese deal will affect security, food supply


Colombia at last has a chance to become a normal country

After the peace settlement comes the fight for public support, financial recovery.


Banks lead gains on Wall Street on hopes for higher rates

Banks led the stock market higher Monday as investors anticipate that the Federal Reserve could raise interest rates this year from their historically low levels. That could help banks recover from a long slump by making lending more profitable.