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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