The Minneapolis bank -- the fifth largest in the country -- reports profits are up significantly for the third quarter this year. The bank has grown its lending business and benefited as fewer borrowers fall behind.
2 ejected, 1 killed in crash that closed southbound I-35
The State Patrol says neither were wearing seat belts.
Best Buy makes job cuts weeks after warning of soft sales
The Richfield retailer has been dealing with a shift in consumer trends.
Man makes 'vague comments' about Jewish people, smashes own car with club
It happened at a course that was founded as a Jewish country club 100 years ago.
Suspect of home invasion, murder in Minneapolis arrested in Wisconsin
There have been 57 deaths reported as homicides in Minneapolis this year.
Charges: Man stole handgun from house, fired at motorcyclists from car
A chaotic scene that led to a police chase unfolded after an alleged burglary in Ham Lake.
BCA's Uniform Crime Report shows violent crime in MN spiked in 2021
The report details violent crime trends in the seven-county metro and Greater Minnesota.
Search for vulnerable man, 66, missing from Brooklyn Park
Alex Ramirez was last seen in the early hours of Thursday morning.
Utility firms blocked from passing on extra $60M in 2021 gas crisis costs to Minnesotans
But the companies will still be able to recoup $600 million.
St. Cloud Times writing staff hit by Gannett budget cuts
Mass layoffs were expected at Gannett-owned outlets across the country.
Pool company sued by AG for allegedly scamming homeowners out of $1M-plus
According to the lawsuit, 17 Minnesota homeowners were affected by this scam.
Walz prepared to 'immediately extradite' Mall of America shooting suspects
The men were arrested in Chicago.
CHS profits up 13 percent in 3Q
Inver Grove Heights-based CHS Inc. -- the largest farmer-owned cooperative in the United States -- reported net income of $405 million thanks to strong energy performance. Revenue increased nearly 5 percent to hit $11 billion. The Wall Street Journal notes CHS reported its second-quarter profit dropped 60 percent.
U.S. Bancorp 3Q profit grows 16 percent to break another record
U.S. Bancorp, parent company of U.S. Bank, posted a record net income of $1.47 billion, a 16 percent jump from $1.27 billion a year-earlier, Bloomberg reports. “Earnings included continued strong mortgage-banking activity, which contributed to our growth in fee income, residential real estate loans and loans held for sale,” said CEO Richard Davis.
Fastenal Q3 profit up 13 percent
Lower expenses and a 10 percent sales growth helped boost Fastenal Co's third-quarter net income by 13 percent, RTTNews reports. The Winona-based company, an industrial and construction supplier, posted a profit of $109.3 million, or 37 cents a share, compared to $96.8 million, or 33 cents a share, a year ago.
St. Jude Medical says third quarter profits fell 22 percent
St. Jude Medical, Inc. reported a 22 percent drop in profits for the third quarter, MarketWatch reports. The Little Canada-based medical equipment supplier and manufacturer posted a profit of $176 million, down from $227 million a year ago.
Polaris profits surge 40 percent in 3Q
Boosted by double-digit sales growth across all of its product lines, Polaris Industries Inc. posted a net income of $94.3 million, a 40 percent jump from $67.6 million in the third quarter a year-ago, the Associated Press reports. The Medina-based all-terrain vehicles maker also lifted its full-year outlook for the third time.
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