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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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Karl-Anthony Towns

Post Bucks win, KAT says “I play with f****** passion”

Towns was asked how he controls his emotions on the court.

D'Angelo Russell

Wolves rebound with statement win against Bucks

D'Angelo Russell and the Timberwolves bounced back with a win over the defending champs.

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Train carrying ethanol derails in southern Minnesota

The State Fire Marshal has sent in experts to help with the situation.

ambulance

Motorcyclist dies a month after striking deer in Minnesota

The crash happened north of Mankato near the small town of Norseland.

fire pixabay stock

House explosion kills 1, severely injures another

Authorities described the home as "completely destroyed."

Kotyza-Witthuhn screengrab

Watch: MN lawmaker 'attacked' by giggling child during live hearing

This has to be the most adorable moment ever from a Commerce Finance and Policy Committee hearing, right?

Sloane Martin

Sloane Martin leaving WCCO Radio for bigger role with Big Ten Network

Martin has been a staple at WCCO Radio since Election Day 2016.

Flickr - Xcel Energy truck - Tony Webster

Xcel Energy wants to raise MN customers' electricity rates

If approved, rates go up by an average of $18.50 a month for customers.

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MPD chief 'confident' officers will still show up after Question 2 vote

Arradondo held a press conference Wednesday in which he urged for a 'No' vote.

J R Jones - Anoka County Jail 2021.10.16 - Resize crop

Charges: Driver in fatal hit-and-run said he thought he hit dog or sign

The crash killed a 56-year-old Blaine woman who had been out walking her dog.

vaccine, covid

Here is Minnesota's plan to vaccinate kids 5-11 against COVID-19

The plan includes hosting vaccination clinics at schools across the state.

Mounds View PD missing 12yo Riddley

12-year-old Twin Cities boy has been missing for 4 days

Police are asking for the public's help locating the child,

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