Category Archives: Business

Fed faces dilemma over raising interest rates

. The Federal Reserve, facing this week its biggest policy decision yet under Chairwoman Janet Yellen, puts its credibility on the line regardless of whether it waits or raises interest rates for the first time in nearly a decade.

Coach celebrates 75 years with a runway show of punk cowgirl and prairie frocks

NEW YORK — The luxury brand Coach celebrated 75 years in business Tuesday, not just with bags and shoes, but with bright cowgirl leather and prairie flower frocks for women.

Chinese anti-graft agency says deputy head of stock market regulator under investigation

BEIJING — China’s main anti-corruption agency is investigating the deputy head of the country’s securities market regulator following the collapse of a stock price boom.

St. Paul chooses Oppidan for makeover of downtown Macy's

The St. Paul Port Authority has a master developer for the former Macy’s building downtown. Oppidan Investment Co. has been

Dental products maker Dentsply says it will buy competitor Sirona for $5.51B in stock

NEW YORK — Dentsply International is buying competitor Sirona Dental Systems for about $5.51 billion in a deal the companies say will create the biggest maker of professional dental products and materials in the world.

State continues to struggle sending premium bills to MinnesotaCare enrollees

The Department of Human Services (DHS) continues to have trouble sending premium bills to thousands of enrollees in the state’s MinnesotaCare health insurance program.

Stockbroker admits role in insider trading scheme that yielded more than $5.6M in net profits

TRENTON, N.J. — A stockbroker has admitted his role in a five-year insider trading scheme that yielded more than $5.6 million in net profits.

FedEx to raise Express, Ground, Home Delivery and other rates in January

NEW YORK — FedEx says it will raise a number of shipping rates in January, and will increase the surcharge on very large packages starting in November.

New pipeline safety rule pending after increase in accidents stirs concern

BILLINGS, Mont. — A long-delayed rule to strengthen safety requirements for pipelines that move oil and other hazardous liquids will be unveiled this month following a recent surge in accidents, the U.S. government’s pipeline safety administrator said Friday.

Medtronic buys name rights to plaza in front of new Vikings stadium

Medtronic PLC’s name will emblazon a 3-acre plaza between the front door of the new Minnesota Vikings stadium and public park in downtown Minneapolis.

Verizon, AT&T to open dedicated shops within Best Buy locations

The nation’s two largest wireless carriers are building their own dedicated retail shops within Best Buy locations. Verizon

Zuckerberg tells Q&A online that Facebook is working on a button to express empathy

Facebook may finally be getting a button that lets you quickly express something beyond a “like.” Founder and CEO Mark Zuckerberg

Is now the right time for a Fed rate increase from record lows? Here are 2 clashing views

WASHINGTON — For seven years — through political fights, Europe debt crises and market panic — investors could count on one thing: Short-term U.S. interest rates would stay locked near zero.

Officials: 1 person believed missing after grain storage building wall collapses in Michigan

WEBBERVILLE, Mich. — One person is believed to be missing after a grain storage building wall collapsed at a Michigan agricultural services company.

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