An executive with the Federal Reserve Bank of Minneapolis says profits and the quality of loans held by Minnesota banks are almost back to their historical averages. Those still hurting are mainly Twin Cities area banks that invested in commercial real estate in outer-ring suburbs.
Man seriously hurt in crash with school bus in St. Louis County
The four kids on the bus were not hurt.
2nd period surge leads Wild to fourth straight win
With three goals in the second, the Wild blasted the last-place Coyotes.
Late-tip in helps Gophers pass first big test, improve to 6-0
Luke Loewe's bucket with 2.4 seconds remaining helped the Gophers stay undefeated.
Man, 40, found dead stuck in air duct at his Otter Tail Co. home
The discovery was made by family members Monday morning.
What Biden said during his visit to Minnesota Tuesday
The president spoke at Dakota County Technical College.
Cook County registers its first COVID-19 death of the pandemic
The sparsely populated, highly-vaccinated county has continuously had one of the lowest rates of COVID in the state.
Support for MN family after anti-maskers target child of school board chair
An online group opposing Kelsey Waits outed the child as transgender.
St. Paul schools add 2 days to winter break due to pandemic stress
The added days off are meant to acknowledge the stress the pandemic has caused.
Charges: St. Cloud mother killed baby, placed him in dumpster
The 4-month-old baby was found by officers on Sunday morning.
1 dead in crash at Lake Street intersection in south Minneapolis
There have been 465 deaths on Minnesota roads this year, according to the state's traffic division.
St. Paul restaurateur's businesses burglarized a 6th time
The owner of The Gnome and Hope Breakfast Bar is asking politicians to help St. Paul business owners.
Teen suffers life-threatening injuries in head-on crash in southern MN
The 18-year-old was airlifted to a Mayo Clinic hospital in Rochester.
Federal Reserve says Minnesota banks slowly getting stronger
The Federal Reserve Bank of Minneapolis says the health of Minnesota's banks is gradually improving as the industry recovers from the recession. A Fed official says profits are still not great but they're moving in the right direction. A new report on the year's second quarter also shows the number of bad loans is shrinking.
Banks coming back home in apartment boom
Twin Cities banks are cashing in on the surge of multifamily construction, jostling to do business again with real estate developers, the Star Tribune reports. It's a sharp twist from the post-crash years when toxic concentrations of commercial real estate loans brought down so many small community banks and larger banks all but pulled out of construction and development lending.
Wolves on brink of financial ruin?
A Delaware-based investment blog lists the Minnesota Timberwolves as one of seven professional sports teams with the shakiest financial prospects. The report points out that the Wolves lost $7 million last year, and could lose more this year if the NBA season is wiped out by the lockout.
Traffic signals back to normal in Minneapolis after computer failure
A backup system was used to control about 700 city intersections during the outage, but the signals were on timers rather than changing with the flow of traffic.
Minnesota experience inspires novel about Somali teen radicalization crisis
An author who lives in Minneapolis explores the radicalization of Somali teens in his new book 'Crossbones'. Nuruddin Farah was born in Somalia. His book follows a war correspondent who is on a quest to find his missing nephew believed to be fighting for a terrorist group in Mogadishu. Farah delves into the world of war profiteers who exploit the weaknesses of the innocent.
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