Business

(credit: CBS)

Contractors Feel The Pinch Of A Cement Shortage

Minnesota’s building contractors should be busy this time of year finishing up projects before winter sets in. But for many of them, it’s not a lack of work, but a shortage of concrete that’s slowing them down. Disruptions in the main ingredient – cement – means the vital building material is being allocated across the state.

10/28/2014

(credit: Jupiter Images)

Southern Minnesota Canning Plant To Close

City officials say Seneca Foods plans to close a vegetable canning plant in Arlington in southern Minnesota. Arlington Mayor Jim Kreft says representatives from Seneca’s regional office told employees of the closing last week.

10/28/2014

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Minnesota Farmers Make Rapid Harvest Progress

The roar of combines filled the air across much of Minnesota as farmers made rapid progress on the corn harvest. Thanks to favorable weather last week, the U.S. Department of Agriculture said Monday the state’s corn harvest is 41 percent complete, compared with 16 percent a week earlier and is running only 10 days behind average.

10/27/2014

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Cement Shortage Causes Construction Headaches

Less than a year after the state struggled through a severe propane shortage, another vital commodity is in short supply.

10/24/2014

3M, generic, logo

3M 3rd-Quarter Net Income Up 6 Percent

Diversified manufacturer 3M’s third-quarter net income rose 6 percent on higher revenue across all divisions. The maker of Post-it notes, industrial coatings and ceramics also narrowed its guidance range.

10/23/2014

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Good Question: How Do We Measure Inflation?

Starting next year, Social Security benefits will rise 1.7 percent — or about $20 a month based on an average monthly Social Security payment of $1,192. That increase, or cost-of-living adjustment (COLA), has been pegged to the consumer price index (CPI) since 1975. It’s one of several ways to measure inflation. So, how do we measure the CPI?

10/22/2014

US Bancorp

US Bancorp Reports Slight Rise In 3Q Profit

U.S. Bancorp reported a slight rise in third-quarter profit Wednesday versus a year ago, meeting Wall Street expectations. The Minneapolis-based bank posted net income of $1.471 billion, or 78 cents per share, in the quarter, compared with $1.468 billion, or 76 cents per share, in the same quarter a year ago.

10/22/2014

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Fraser Giving People With Disabilities A Chance To Pursue Their Passion

This weekend, WCCO-TV’s Jason DeRusha and Nina Moini will be hosting the Fraser Annual Benefit in downtown Minneapolis. Fraser is one of the largest providers of Autism services in the state, but we learned there are also resources for people with many other types of challenges. One of those resources could help someone you know start a business.

10/22/2014

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Target Announces Free Holiday Shipping, Price Matching

Black Friday is still a month away, but Target is making a major move to win back consumers. The Minneapolis-based retailer has announced it’s offering free shipping on all online purchases starting Wednesday and going through Dec. 20.

10/22/2014

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Good Question: Why So Much Extra Space In Pill Bottles?

Ever get a prescription filled and find the bottle only half full? After that happened to WCCO viewer Angela a few times, she wrote to us wanting to know: Why is there so much extra space in pill bottles? “There are several reasons,” said pharmacist John Hoeschen. He owns St. Paul Corner Drug on the corner of Snelling and St. Clair avenues.

10/21/2014

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Target Offers Free Shipping On All Holiday Items

Target Corp. is offering for the first time free holiday shipping on all items, including even $6 lipsticks, as the discounter throws itself in the ring to compete better with the likes of Amazon.

10/21/2014

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Kieran’s Owner Suing For Lost Business During Block E Construction

You can’t see the front door of Kieran’s Irish Pub, because it’s covered in plastic and the windows are boarded up. Owner Peter Kellin says business is down 27 percent since Block E renovations began.

10/21/2014

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Emerson Process Management Opens New Headquarters

Emerson Process Management has opened its new $70 million headquarters in Shakopee. The company makes wireless monitoring systems for oil refineries and other industrial uses. Its business has received a boost from increased oil production.

10/21/2014

(credit: CBS)

OSHA Inspects Willmar Turkey Plant

An Occupational Safety and Health Administration inspector is trying to determine whether any federal safety violations occurred at the Jennie-O turkey processing plant in Willmar where more than a dozen employees were sickened.

10/21/2014

(credit: CBS)

Good Question: Could HBO Change How We Pay For TV?

HBO just announced that, starting next year, it’s cutting the cable cord. Fans of shows like “Veep” and “Game of Thrones” will no longer have to subscribe to the premium channel through their cable TV provider, but rather will be allowed to stream shows on the Internet.

10/15/2014

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(credit: DLR Group/Mall of America)

MOA Expansion Renderings

Crews are breaking ground on the Mall of America expansion on March 18, 2014. Here are some renderings of what you can expect to see there soon.

(credit: Target)

Target + Neiman Marcus Holiday Collection

Following months of anticipation, Target and Neiman Marcus unveiled their unprecedented holiday collection. The collection, which features 24 of America’s preeminent designers — all members of the Council of Fashion Designers of America — will be available Dec. 1 at all Target and Neiman Marcus stores, as well as online at Target.com and NeimanMarcus.com.

(credit: CBS)

Price Comparison: Same Makeup, 5 Different Stores

WCCO’s Esme Murphy went shopping at five popular stores for the same five makeup products and found price differences as great as 50 percent. See the price changes for yourself!

(credit: Sever’s Corn Maze)

Sever’s Corn Maze Through The Years

Sever’s is one of the biggest corn mazes in Minnesota. Check out their from the past 15 years!

(credit: CBS)

Farmers Market In Minneapolis

The Minneapolis Farmers Market runs down Nicollet Mall from 5th Street to 10th Street. It starts at 6 a.m. and goes till 6 p.m. every Thursday. The market has a plethora of shopping options: locally […]

Whole Foods

From Rags To Riches

Check out which companies started in garages and as tiny start-ups, and which heavyhitters owe their riches to a lucky break.

Tiger Woods

Celebrity Endorsements

There’s no doubt about it. Celebrity sells. That’s why companies that make everything from drinks to makeup to credit cards pay millions for stars to endorse their products. Here is a look at some recent […]

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