Wells Fargo nearly doubled its first-quarter dividend to 22 cents per share. U.S. Bancorp boosted its by 56 percent to 19 cents. It came after the Fed measured how well the banks might hold up in a financial crisis.
UPDATE: Body found in vehicle trunk in Mound is that of a boy
Police say two people are in custody.
Brave New Workshop cancels shows due to COVID-19 cases
The shows were scheduled for Friday and Saturday at the Brave New Workshop Comedy Theatre.
Body of missing U of M student found in Mississippi River
Austin Retterath was last seen alive in the morning hours of May 8.
Summer mural events to bring together community, shine light on MN artists
The 2022 Chroma Zone Mural & Art Festival will take place this weekend in St. Paul's Creative Enterprise Zone, with ensuing events happening this summer.
Gallery: Remodeled lakeside home in Prior Lake on market for $2.8M
It offers privacy at the end of a dead-end road fronting onto Lower Prior Lake.
Carjacking outside ice arena in Golden Valley under investigation
Golden Valley PD confirmed it received a report of a carjacking Monday evening.
Signs that MN Legislature could move to loosen liquor laws
A provision was approved by a legislature committee on Thursday but still awaits a final decision from the House and Senate.
U.S. Bank Stadium looking to hire 400 part-time workers
A hiring fair will be held for the positions.
Weekend closures on I-35W in Minneapolis, Hwy. 77 in Bloomington
Construction season is here.
Officials looking for man last seen leaving Hudson home
David Mckay, 67, was last seen in Hudson Thursday morning.
'Hyper-contagious' BA.4, BA.5 COVID variants confirmed in MN
Omicron continues to evolve into a more transmissible virus.
U.S. Bancorp third-largest mortgage lending originator
U.S. Bancorp beat banking giants Bank of America and Citigroup in the first quarter of the year. Wells Fargo and JPMorgan Chase continue to dominate the unrivaled market share.
Target boosts dividend by 20 percent
The Minneapolis-based discount chain says it has increased its quarterly dividend to 36 cents. The dividend will be paid on September 10 to shareholders of record as of August 15. Target has reportedly paid a dividend every quarter since going public in 1967.
3M says new cleaning system seems to be working after drinking wells pass tests
Monitoring wells at a landfill in Woodbury have turned up an increase in PFCs, but tests of local drinking water show no significant changes. 3M says that's a good sign that a new cleaning system is doing its job.
World economists want Wells Fargo to pay surcharge to protect taxpayers
At the G20 summit in France Friday, the world's leading financial group endorsed a move that would have Wells Fargo pay a surcharge based on their assets to protect taxpayers in case the bank fails.
U.S. Bancorp, SolarCity to fund $250 million in solar projects
Minnesota-based U.S. Bancorp, parent company of U.S. Bank, and California-based SolarCity announced Wednesday their sixth and largest renewable energy tax equity fund since the two companies partnered three years ago. It will finance up to $250 million in residential solar power and commercial solar power projects for homeowners, businesses, schools, and government buildings.
Senator asks why Wells Fargo is testing new fee while making record profits
Illinois Democrat Richard Durbin has sent a letter to the CEO of Wells Fargo asking why the bank is charging customers in some states $3 a month to use their debit cards.
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