March 22, 2021

Tech leads stocks higher as bond yields ease; banks fall

Stocks rose on Wall Street in afternoon trading Monday as a modest drop in bond yields helped the market recoup some of its losses after […]
March 22, 2021

L.A. developer now envisions lower-priced condos for Mill District project

Developers want to build something rare in downtown Minneapolis: Condominiums that will be affordable to low-income buyers. A team that includes Los Angeles-based AECOM is […]
March 22, 2021

Canary Islands: 2-year-old rescued from migrant boat dies

BARCELONA, Spain — A 2-year-old girl from Mali who was rescued from a boat carrying migrants near Spain’s Canary Islands and hospitalized in critical condition […]
March 22, 2021

CEO Paywatch: Ameriprise CEO's pay more than triples to $59M after taking stock options in 2020

James Cracchiolo Ameriprise Financial Chairman, chief executive Total compensation: $59,368,661 for the year ended Dec. 31 Salary: $1,025,000 Non-equity incentive pay: $5,612,000 Other compensation: $526,151 […]
March 22, 2021

Canadian Pacific to buy Kansas City Southern in $25B railway bet on trade

It would be the largest ever combination of North American railways by transaction value. It comes amid a recovery in supply chains that were disrupted […]
March 22, 2021

Stocks rise slightly as investors closely watch bond market

Stocks were slightly higher in morning trading Monday as a modest drop in bond yields was helping lift the broader market. Technology stocks were among […]
March 22, 2021

Turkish lira plummets after Erdogan fires central bank chief

ANKARA, Turkey — The Turkish currency plummeted against the U.S. dollar on Monday after President Recep Tayyip Erdogan fired his third central bank head in […]
March 22, 2021

AstraZeneca: US data shows vaccine effective for all adults

LONDON — AstraZeneca reported Monday that its COVID-19 vaccine provided strong protection among all adults in a long-anticipated U.S. study, raising hopes that the findings […]
March 22, 2021

Enbridge prevails in Minnesota Tax Court, counties brace for fiscal hit

Minnesota counties that host Enbridge’s oil pipelines say they are again looking at a budget-busting debacle after two recent tax court rulings in favor of […]
March 21, 2021

Minneapolis businesses rush to install security shutters after city changes rules to allow them

Last week, for the first time in months, Dave Hautman took the plywood off his windows and rolled down new metal shutters to protect the […]