The Week's Top Business Stories

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From the editors of Twin Cities Business:

Target Lowers Outlook As Profits Tumble 16%

Target’s quarterly profits were in line with its expectations, but the company drastically lowered its forecast for 2014 from last quarter due largely to the effects of its data breach and costs of its Canadian expansion.

Two More Target Execs Are Out Amid Leadership Overhaul

Target ousted the president of its Canadian operations the same day it announced that one of its longtime executive vice presidents plans to retire.

Carlson Sells $2.7B TGI Fridays Chain

The global hospitality company sold the iconic restaurant brand in order to focus more energy and resources on its hotel and travel businesses.

New Laws Impact MN Brewers, Distilleries, And Wineries

Sunday sales didn’t make the cut, but new legislation still has implications for craft beer taprooms, micro-distilleries, farm wineries, and home brewers, among others.

Best Buy Turns A Profit But Warns Of Sliding Sales

While Best Buy’s quarterly profits beat analyst expectations, the company expects same-store sales to keep sliding because of a lack of major product launches during its upcoming quarters.

Next Up

Leah Ottman, aka LOTT

Acclaimed Minneapolis violinist and singer Leah Ottman dies at 33

She also performed as LOTT, the name of her solo project.

Target gift card

Holiday shopping? Target gift cards are discounted this weekend

You have to be a Target Circle member, but that's free to join.

vote, vote now

MN Supreme Court dismisses attempt to block election certification

Another legal defeat for Republicans challenging the election.

prison, Rush City cell block

Another Minnesota prison inmate dies after COVID-19 diagnosis

The virus has killed at least six Minnesota inmates.

leech lake band of ojibwe sign

11,760 acres of land wrongly taken from Leech Lake Band of Ojibwe will be returned

The Senate and now the House have passed a bill that effectively returns the land. It's now headed for the president's signature.

Karl-Anthony Towns

Timberwolves release first half of 2020-21 regular season schedule

The second half of the schedule will be announced at a later date.

reindeer como zoo

Watch live: Como Zoo's live reindeer cam is back for December

The live feed will run 24/7 allowing you to keep an eye on Santa's antlered helpers.

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