Target Sees Profit, Comparable-Store Sales In 4th QuarterTarget's heavy discounting during the crucial holiday season squeezed fourth-quarter profits, but the discounter's trendy assortments and spiffed up presentations drove more shoppers to spend more.
Medtronic To Cut 500 Jobs In MinnesotaMedical device maker Medtronic will cut 500 jobs in Minnesota, as part of an overall elimination of approximately 2,000 jobs worldwide. A Medtronic spokeswoman said 65 percent of the job cuts have already occurred. The rest will be eliminated in the current fiscal year.

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