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Egg Prices Surge to Record on Shortage Caused by Bird Flu

Egg prices surged to a record on Friday, a month after bird flu was first detected in the chicken flock in Iowa, the nation's leading egg producer. Midwest large eggs reached $2.32 a dozen...


  • Takata is recalling exploding airbags. Federal Regulators to Manage Takata Airbag Recall

    Exploding air bags made by Takata Corp. are so dangerous that U.S. safety regulators want to manage a massive recall so cars can be fixed faster. On Tuesday Takata doubled the size of its recall to 33.8 million air bags, making it the largest recall in U.S. history.

  • Hormel Hormel Reports Record Second-Quarter Profit

    Hormel is reporting a record second-quarter profit of $180.2 million despite the impacts of bird flu that has killed more than 8 million birds in Minnesota. The Austin, Minnesota, company reported a profit of 67 cents per share Wednesday, topping Wall Street expectations by a nickel...
      

  • Target Profit Rises as Product Revamp Pays Off

    Target is reporting a 52 percent increase in its first-quarter profit on solid sales of fashion and baby items, offering evidence that its efforts to spruce up its merchandise are paying off. The retailer, based in Minneapolis, also boosted the bottom end of its annual profit outlook...    

  • Spotify Introduces Video, Radio Service

    While saying that it still a music company at heart, Spotify says it is expanding is lineup to include podcasts, news radio and video streaming. The company says it wants to help people create a soundtrack for their day that includes not only music but videos, newscasts and other content...

     

  • Cirrus Aircraft Secures State Funding for Expansion

    Cirrus Aircraft has the $4 million in state funding it needs to expand in Duluth. The new $10 million facility is expected to employ another 100 people or more when it's complete. Another $6 million will come from tax incremental financing...

  • Amazon Wants Shakopee to Spend TIF Money on Roads

    The Shakopee City Council approved a tax increment financing project for roads near a proposed Amazon warehouse. It will also consider approval for a 216,000-square foot building that Opus Development wants to build...

  • Photo: Maurices.com Parent Company of Duluth-Based Maurices to Acquire Ann Taylor, LOFT

    The parent company of Duluth-based Maurices is adding the Ann Taylor and LOFT brands to its corporation. Ascena Retail Group Inc. is buying Ann Inc., company officials announced Monday. Ascena company officials say the deal means Ascena will be one of North America’s largest and most-diversified specialty apparel retailers...

  • News Director Anne Wittenborg Anne Wittenborg Named News Director for 5 EYEWITNESS NEWS, 45TV Local News

    A new News Director has been appointed to 5 EYEWITNESS NEWS and 45TV Local News. Marshall, Minnesota, native Anne Wittenborg has been selected for the position, announced Monday afternoon. She replaces previous news director Lindsay Radford....

  • Good Company: Nelson's Ice Cream in Stillwater

    Nothing says summer like ice cream. If you live in Stillwater there’s a chance you have gone to Nelson’s Ice Cream. We are featuring them as this week’s Good Company...

  • The FDA has recalled Turkey & Produce Raw Frozen Canine Forumulation Specialty Dog Food Sold In Minnesota Recalled

    A specialty dog food company is voluntarily recalling a frozen product distributed in four states over fears of possible salmonella contamination. The Food & Drug Administration said last week that California-based OC Raw Dog has recalled its Turkey & Produce Raw Frozen Canine Formulation.

  • Duluth First City in Minnesota to Sell Growlers on Sunday

    Duluth is tapping into the popularity of craft beers by becoming the first city to allow growler sales on Sunday in Minnesota. The first sales could happen as soon as June 14th. That is a week before the Grandma's Marathon...

  • Ride-Hailing Service Lyft says Icahn Makes $100M Investment

    Carl Icahn is joining the parade of investors in startups, hitching a $100 million ride with the ride-hailing service Lyft. The billionaire activist investor is known for tangling with corporate boards, sometimes launching proxy fights and pushing companies to make big changes or sell themselves...

  • 1,450 Blue Bell Workers Losing Jobs After Listeria Problems

    Blue Bell Creameries says it will lay more than a third of its workforce after a series of listeria illnesses linked to its ice cream that prompted a total product recall. The Texas company, whose production plants remain closed, released a statement Friday saying 750 full-time employees and 700 part-time workers are losing their jobs...

  • KSTP File Photo Post Foods, MOM Brands Cereal Businesses Consolidated, HQ in Lakeville

    Post Holdings, Inc. will be consolidating its Post Foods and MOM Brands cereal businesses into one group, which will be headquartered in Lakeville at the MOM Brands’ current facilities. Company officials announced the move Friday...

  • Shakopee Officials Tour NJ Amazon Facility Ahead of Tuesday Vote

    Shakopee city officials are touring an Amazon.com distribution center in New Jersey on Friday ahead of a tax-increment financing (TIF) district vote. Acting Shakopee City Administrator Kris Wilson said Amazon invited officials to tour the distribution the facility in Robbinsville, New Jersey, which is similar to a facility proposed in Shakopee...






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