Minnetonka-based UnitedHealth Group's third-quarter net income jumped 23 percent, beating expectations, as preparations for retiring Baby Boomers started to pay off for the nation's largest health insurer, the Associated Press reports. UnitedHealth also raised its 2012 earnings forecast.
St. Michael standoff suspect charged, bail set at $10 million
A judge on Monday set the high bail due to "very significant concerns of public safety" regarding Brandon Gardas.
Crisp & Green opening 13th store in Twin Cities in July
The fast-casual salad and grains restaurant has exploded onto the food scene.
Twins to host post-game concert with country star at Target Field
Country singer Cole Swindell is expected to perform for up to 75 minutes after the conclusion of the Blue Jays-Twins contest.
Canton Restaurant closes after nearly 40 years in Burnsville
It's the end of an era in the Twin Cities restaurant world.
Luck strikes in Minnesota: lottery winners in Duluth, Grand Marais
The North Shore just so happened to be a lucky place to be this past weekend.
60-year-old woman arrested after firing shots inside Spicer home
SWAT evacuated nearby residents during the incident.
Florida Georgia Line booked to play at the Minnesota State Fair
The band is the second country music act to be booked this year.
Isolated severe weather in Minnesota on Tuesday and Wednesday
Definitely not a slam dunk either day, but the chance is there.
Capella Education's net profit plummets 49 percent in third-quarter
Capella Education, the parent company of the for-profit Capella University, says its third-quarter net income was $5.1 million, down nearly 50 percent compared to the $9.9 million it earned in the July-September quarter last year, the Associated Press reports. Even as total enrollment, revenue and net income fell, new student enrollment at the Minneapolis-based provider of online post-secondary education rose 10.5 percent compared to last year -- the first increase in nearly two years, Reuters reports.
UnitedHealth awarded $20 billion U.S. Department of Defense contract
The Minnetonka-based health insurer will provide military health insurance coverage for 21 western states. UnitedHealth lost a separate contract for the southern region in June.
Ecolab net income jumps 47 percent in 2Q after acquisition
St. Paul-based Ecolab posted second quarter sales that jumped 74 percent to $3 billion thanks to its December acquisition of liquid filtration giant Nalco, the Star Tribune reports. Excluding Nalco, sales rose 3 percent during the quarter. All combined, net income jumped an impressive 47 percent to $184.5 million, or 62 cents a share.
UnitedHealth board OKs dividend hike, buyback plan
The largest U.S. health insurer is increasing its quarterly dividend by more than 30 percent and authorizing a new plan to buy back 110 million shares. Minnetonka-based UnitedHealth Group says the actions reflect solid growth across its enterprise.
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