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The Week's Top Business Stories

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From the editors of Twin Cities Business:

3M Reportedly Mulling Sale Of Business Units Worth $1B

Bloomberg reported that the Minnesota company is working with Goldman Sachs to sell some of its electronics business units piecemeal.

As Best Buy’s Profits (And Stock Price) Climb, Layoffs Are Planned

Best Buy swung to a profit in its fourth quarter but is reportedly planning to cut up to 2,000 managers across the country.

2 MN Cos. Make Fortune’s List Of “World’s Most Admired”

See which local companies made the cut.

Canada Woes Hurt Target’s Profits More Than Data Breach

Target’s profits fell 46 percent in the fourth quarter; $0.40 per share was lost due to its Canadian performance, while the company attributed a loss of $0.02 per share to the data breach.

Big Grocery Chain Aims To Eat Into Twin Cities Market Share

Hy-Vee, which has 235 stores in eight states, is planning to add several stores in the metro area.

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Wisconsin man admits to 1992 revenge killings 15 years after boyhood tragedy

The 52-year-old man is in custody 30 years after the 1992 double murder.

Chapel of Love at Mall of America

Chapel of Love set to close at Mall of America after nearly 30 years

The owner cited retirement as the reason for the closure.

Minneapolis police

Man stabbed to death in his Minneapolis home identified

The victim's wife had an order of protection out against the suspect.

FLickr - AL Franken 2016 - Lorie Shaull

Al Franken filling in as guest host of 'Jimmy Kimmel Live'

Franken, a comedian and former Minnesota senator, will perform comedy four nights in a row in Minneapolis following the appearance on the show.

Flickr - Minneapolis police squad - Chad Davis

1 dead, 1 critical after shooting at 38th and Chicago in Minneapolis

It's the second killing in a week at the intersection in south Minneapolis.

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Teen driver crashes into parked payloader; 16-year-old passenger dies

The crash happened early Saturday morning in Waconia.

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Barrage of gunfire injures boy in Brooklyn Park; vehicles, apartments damaged

Police say they recovered evidence that more than 40 rounds were fired in the shooting.

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Minnesota Wild back away from thin blue line T-shirt giveaway

The giveaway backfired when word of it reached social media.

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Workers at Minneapolis Trader Joe's become 2nd in nation to unionize

The vote was certified by the National Labor Relations Board Friday.

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