August 26, 2020

Eden Prairie-based iMedia raising $15 million in secondary offering

iMedia Brands is planning to sell shares in a secondary stock offering that could raise approximately $15 million for the interactive digital commerce company. The […]
August 26, 2020

Oil industry shuts platforms, rigs, refineries before storm

NEW YORK — The energy industry is bracing for catastrophic storm surges and winds as Hurricane Laura cuts a dangerous path toward the coastlines of […]
August 26, 2020

Salesforce, Anaplan rise; Nordstrom, Pure Storage fall

NEW YORK — Stocks that moved heavily or traded substantially Wednesday: Hewlett Packard Enterprise Co., up 34 cents to $9.67. The information technology company beat […]
August 26, 2020

Laura gains strength, could bring 'unsurvivable' storm surge

DELCAMBRE, La. — Laura strengthened Wednesday into a menacing Category 4 hurricane, raising fears of a 20-foot storm surge that forecasters said would be “unsurvivable” […]
August 26, 2020

More blowout profit from tech companies push S&P 500 higher

More blowout profit reports from big tech companies are pushing the S&P 500 toward another record Wednesday. The benchmark index was up 1% in afternoon […]
August 26, 2020

California signs deal to more than double testing capacity

SACRAMENTO, Calif. — California has signed a contract worth up to $1.4 billion with a company to provide a significantly cheaper coronavirus test that will […]
August 26, 2020

DOJ seeks data about COVID nursing home deaths from 4 states

The Justice Department is seeking data about “orders which may have resulted in the deaths of thousands of elderly nursing home residents,” sending letters Wednesday […]
August 26, 2020

Restaurants navigate COVID-19 exposure

These restaurants are closing because of COVID-19 exposures, either from a staff member or customer. But the state doesn’t require restaurants to close when facing […]
August 26, 2020

Huawei, ZTE lose patent appeal cases at UK Supreme Court

LONDON — Britain’s Supreme Court has dismissed two appeals by Chinese telecoms firms Huawei and ZTE over mobile data patent disputes. The disputes center on […]
August 26, 2020

Minnesota gets $1.5 million in multistate settlement with Honda over air bags

Minnesota will receive $1.5 million out of an $85 million multistate settlement with American Honda Motor Co. over allegations it concealed safety concerns with air […]
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