State officials say Minnesota exports have jumped nearly 6 percent in the last year. Minnesota exported a record $5.5 billion of manufactured, agricultural and mining products in the third quarter of 2014, the Department of Employment and Economic Development announced Wednesday. That’s up 5.8 percent from the same period last year.
Best Buy Co. reported another dismal quarter on Tuesday, recording a loss in the third quarter, hurt by a continued sales slump and charges related to restructuring. Shares fell more than 11 percent in morning trading to its lowest level in more than a decade.
Target Corp. is reporting a 3.7 percent increase in third-quarter profits, helped by solid spending and improvement in its credit card business.
Best Buy Co.’s third-quarter net income fell more than expected as it lost sales of TVs and laptops to competitors. It also cut its full-year outlook Tuesday.
US Airways posted a third-quarter profit on Wednesday and said it expects to hire more flight attendants next year.