What's A Corporate Inversion?
Business transactions known as corporate inversions are getting increasing attention from Wall Street and U.S. government officials. Here's a snapshot:
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Business transactions known as corporate inversions are getting increasing attention from Wall Street and U.S. government officials. Here's a snapshot:
Republican Senate candidate Mike McFadden is defending his investment banking firm's involvement in a deal that led a U.S. company overseas. The so-called tax inversion finalized in 2012 involved a U.S. pharmaceutical company merging with a competitor and moving its tax residence to Ireland, where corporate tax rates are much lower.
A bit of Prohibition era history is about to reopen to the public on Minnesota's Iron Range. Annabella's Antique Mall in Bovey plans to reopen a secret speakeasy tunnel at a red carpet event Friday night.
You might see malts elsewhere on the fairgrounds, but if you want the best, you've gotta go to the source--the Dairy Building.
A Fargo-based sporting goods company has pledged a million dollars to Minnesota State University-Moorhead in exchange for the naming rights of its football field. WDAY-TV reports Scheels All Sports has promised to donate the money in hopes of putting artificial turf on the Dragons' stadium.
Edina-based Dairy Queen is the latest company hit by cyber criminals, as an undisclosed number of stores have reportedly been hit by a data breach. Information including customers' credit and debit card data may have been lifted.
Buying local is a growing movement and instead of having to scavenge through farmers markets or hyper-local gift shops, there's now an easier way. It's through a new website called Yumzar.com, which sells only local goods.
Ten years ago, 36 percent of retail purchases were paid in cash. Today, that's dropped to 29 percent, and if this trend continues over the next generation, it could fall to 10 percent.
Gov. Mark Dayton is urging the federal government to step in on railroad delays hitting Minnesota grain farmers. A growing backlog of railroad shipments cost corn, wheat and soybean farmers $109 million in lower prices this spring, according to a University of Minnesota study.
U.S. medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a nearly $43 billion acquisition that involves moving its main executive offices across the Atlantic, where it can get a better tax deal.
The stalks in Minnesota's corn fields are close to 7 feet high. The kernels are still developing and if the weather holds up, the ears reach maturity in about a month and a half. That's when harvesting starts and there are indications of yet another bumper crop.
It's estimated that more than a 1,000 U.S. businesses have been hit by a cyber attack -- and don't even know it. That's according to the U.S. Secret Service. Such attacks that have hit Target and Supervalu were the inspiration behind a security conference in Bloomington Saturday.
We are in the throes of the open-water fishing season. Behind every good angler is a bait shop they turn to. In Longville, anglers have relied on Janelle Sonstegard to steer them in the right direction for 50 years.
A battle is brewing over a popular mix of flavored popcorn, pitting David against Goliath. In fact, it just might take a U.S. District Court lawsuit to determine if several national name-brand snack makers are ignoring a protected trademark.
A Twin Cities college student says a recent oil change cost him his car. The engine on Joe Mikula's Toyota Camry quit a few weeks after he paid for a quick oil change, but what another mechanic found now has Mikula fighting with a well-known chain to fix his car.
Demonstrators with the group ICE Out Now Minnesota Coalition spread across the Twin Cities on Wednesday evening, gathering outside Target stores.
For the past year, an artificial intelligence camera has captured images of people driving distracted on Highway 7 in Minnesota between St. Louis Park and St. Bonifacius. In 2024, there were five fatalities on Highway 7 alone, one of the deadliest years on record, but since the AI technology was added, there have been zero.
A group of Dakota County residents are pushing back on plans for a massive data center, and it's one of many such campaigns in communities across Minnesota.
A Brooklyn Park police SUV rolled over in a crash that officials said sent four people to the hospital on Wednesday afternoon.
A prayer camp is now set up at Fort Snelling near Minneapolis-St. Paul International Airport, where Indigenous activists say they're praying for families impacted by immigration detentions.
For the past year, an artificial intelligence camera has captured images of people driving distracted on Highway 7 in Minnesota between St. Louis Park and St. Bonifacius. In 2024, there were five fatalities on Highway 7 alone, one of the deadliest years on record, but since the AI technology was added, there have been zero.
Minnesota is in the midst of what state health officials call the nation's "largest known outbreak" of TMVII, a sexually transmitted fungal skin infection that can cause severe ringworm.
Deputies fatally shot a man after trying to pull him over for driving recklessly in Duluth, Minnesota, Tuesday night, officials said.
Police in Duluth, Minnesota, say they're actively searching Tuesday for the shooter who killed a man near the city's Goat Hill neighborhood.
January is typically a slow month at Frontiersman Sports, but employees at the St. Louis Park, Minnesota, gun shop said sales spiked 30% above normal for the month.
Three people are dead after a house fire in a small western Wisconsin town early Saturday.
John Lauritsen shares the story behind a massive snow sculpture that's now become a winter destination.
A jury has found a Wisconsin man guilty of forging threats against President Donald Trump in an attempt to get a witness against him deported.
Minnesota and Wisconsin are among the 11 states reporting their first measles cases of 2026.
Hundreds of schools in Minnesota and Wisconsin have closed or shifted to virtual learning on Friday amid dangerous cold.
The ongoing presence of ICE and federal law enforcement in the Minneapolis area has kept many immigrants at home for fear of being arrested. Now, their neighbors are crowdsourcing to cover their rent.
U.S. Immigration and Customs Enforcement operations aren't only happening in the Twin Cities. Federal agents are also working in smaller towns, and in some, seeing similar resistance from the community.
While Operation Metro Surge continues in the Twin Cities, Minnesota's farm country is also feeling the impact. The major concerns for farmers and the trickle-down effect it could have on consumers.
Minnesota's governor spoke out Sunday afternoon following the shooting death of Alex Pretti by federal immigration enforcement agents. "What's the plan, Donald Trump? What is the plan?" Walz said. "Fear, violence and chaos is what you wanted from us, and you clearly underestimated the people of this state and nation."
A marching protest against U.S. Immigration and Customs Enforcement in Minneapolis Friday afternoon happened as a widespread work stoppage across Minnesota, as organizers called for a day of no work, no school and no shopping.
A hearing in Washington, D.C., on Tuesday about fraud in Minnesota took a heated turn between University of Minnesota professor Eric Schwartz and Republican U.S. Sen. Ted Cruz of Texas.
A prayer camp is now set up at Fort Snelling near Minneapolis-St. Paul International Airport, where Indigenous activists say they're praying for families impacted by immigration detentions.
A prayer camp is now set up at Fort Snelling in Minneapolis, where Indigenous activists say they're praying for families impacted by ICE detentions.
There was a heated confrontation on a pedestrian bridge Tuesday in Richfield, Minnesota, where a woman confronted people voicing opinions against ICE — and eventually called 911.
Attorneys are hoping new filings in court could compel federal judges to order better access to immigrants held at the Whipple Federal Building in Minneapolis — and better conditions for them.
January is typically a slow month at Frontiersman Sports, but employees at the St. Louis Park, Minnesota, gun shop said sales spiked 30% above normal for the month.
Amid ongoing immigration operations in Minnesota, a local company is filling a desperate need for on-demand legal help.
Outside the governor's mansion in St. Paul, Minnesota, on Friday, demonstrators, including many students and teachers, pleaded for Gov. Tim Walz to enact an immediate eviction moratorium to help families impacted by the U.S. Immigration and Customs Enforcement surge.
It's part of broader protests calling on the Minneapolis-based retailer to respond more directly to immigration enforcement.
While Operation Metro Surge continues in the Twin Cities, Minnesota's farm country is also feeling the impact. The major concerns for farmers and the trickle-down effect it could have on consumers.
At least two dozen U.S. Immigration and Customs Enforcement employees and contractors have been charged with crimes since 2020, and their documented wrongdoing includes patterns of physical and sexual abuse, corruption and other abuses of authority, a review by The Associated Press found.
"Because we have taken out thousands of criminals, their crime is down," the president said when speaking about Minnesota. "Not because of anybody else, it's because of us their crime is down."
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
Police in Duluth, Minnesota, say they're actively searching Tuesday for the shooter who killed a man near the city's Goat Hill neighborhood.
Minnesota Gov. Tim Walz said Tuesday that he expects the ongoing Operation Metro Surge immigration enforcement actions in the Twin Cities and greater Minnesota to last "days, not weeks and months."
Dr. Michael Osterholm and Dr. Emil Lou, faculty members with the University of Minnesota, have been recognized by TIME as two of the 100 most influential people in health in 2026.
Minnesota is in the midst of what state health officials call the nation's "largest known outbreak" of TMVII, a sexually transmitted fungal skin infection that can cause severe ringworm.
A new web page dedicated to fact-checking claims about Medicaid fraud in Minnesota has been launched by the state's Department of Human Services, officials said Wednesday.
Public health officials say a measles crisis has long been brewing in Minnesota.
Patients in Minnesota are canceling appointments and deferring critical health care needs because of fear of immigration enforcement as the federal crackdown continues, doctors say.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
Social media users incorrectly identified a young boy who was part of Bad Bunny's Super Bowl halftime show on Sunday as Liam Conejo Ramos.
Bad Bunny says he wants to bring his culture to his 2026 Super Bowl halftime show Sunday.
Renowned comedian Dave Chappelle is set to return to the Twin Cities later this month to perform and "show a stand with a community at the center of events that should unite all Americans," show organizers said Monday.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
The Minnesota Twins have been unsettled for awhile after long being a model of efficiency and stability within Major League Baseball.
Julius Randle had 41 points and the Minnesota Timberwolves beat Portland 133-109 on Wednesday night to end the Trail Blazers;′ winning streak at three.
"We definitely have a little more buzz around us and more people at our games and stuff," said senior Vienna Murray. "People are taking notice thankfully which is more fun for us."
The 41-year-old American came out of retirement to compete in the 2026 Winter Olympics and crashed seconds into her downhill race on Sunday.
A Minnesotan competing at the 2026 Winter Olympics in Italy took a moment to address the situation closer to home in his home state, calling the practices of U.S. Immigration and Customs Enforcement agents during Operation Metro Surge unconstitutional.
One Minnesota group has been leading the charge to train legal observers and document tactics used by Immigration and Customs Enforcement agents.
Even as Governor Tim Walz and state leaders hint that Operation Metro Surge may be ending, many Minnesota communities say the reality on the ground looks different. On tonight’s Talking Points, Esme Murphy speaks with a leader from COPAL Minnesota, an immigrant rights group training constitutional/legal observers, documenting ICE tactics, and providing resources for detained individuals and the families left behind.
The Republican Party endorsing convention is in May, and Demuth has said that if she doesn't win the endorsement, she will drop out, but several candidates are expected to continue to the August primary.
In a crowded field, Minnesota House Speaker Lisa Demuth had a very good caucus night; she won the straw poll by about 32%.
The state of Minnesota is vowing to continue the legal battle after it and 12 cities were denied a temporary restraining order that would have shut down Operation Metro Surge.
Pine trees are a common sight up north. But on a Carlton, Minnesota, road, they're joined by giant lollipops. They serve as the welcoming committee for Sweetly Kismet, one of the largest candy stores in the state.
John Lauritsen shares the story behind a massive snow sculpture that's now become a winter destination.
Northland Arboretum was built half a century ago on top of what was once a city dump. But over time, nature carved its own path with a little help from a Zamboni.
St. James is a smaller town with a main street and a railroad running though. But inside a local building, the main street and the railroad are even smaller.
On Dec. 9, 1965, "A Charlie Brown Christmas" debuted on CBS, and it became an instant classic. Lee Jenkins' home is proof that the show is still a hit six decades later.
As our weather warms, love is also in the air. Valentine's Day is this Saturday, and while we know many of the traditions, Jeff Wagner wanted to get to the heart of the holiday.
The monthslong Immigration and Customs Enforcement surge in Minnesota has sparked ongoing protests, some measured tens of thousands of demonstrators, others just a few dozen.
According to the Police Executive Research Firm, 82% of police departments in the United States equip officers with body cameras. That number comes from 2023, meaning it could be even higher by now.
With the new $2,600 stipend, DHS said the cost of a single self-deportation is $5,100. That's significantly less than the cost to arrest, detain and deport an undocumented immigrant, which DHS said costs more than $18,000.
It might be hard to believe, but it's gotten warmer outside over the past few days. The temperature is creeping above zero during the day, but the wind chill remains dangerously low. So, how is wind chill calculated?
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
The Minnesota State Fair has unveiled its new food, drinks and vendors for 2025.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Valentine's Day in the Twin Cities will be sunny during the afternoon with temperatures in the 40s, according to NEXT Weather Meteorologist Chris Shaffer.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
NEXT Weather Meteorologist Chris Shaffer says temperatures around the Twin Cities will reach the low 40s on Thursday, with some residents to the south seeing low 50s.
Temps will break into the 40s Thursday for the first time in nearly a month, says NEXT Weather meteorologist Chris Shaffer.
We really start to warm tomorrow. We should break into the 40s for the first time in nearly a month on Thursday, WCCO meteorologist Mike Augustyniak reports.
A Minnesota group says around 20 people against U.S. Immigration and Customs Enforcement were arrested at the Target in Richfield on Wednesday. Uba Ali was there to hear the demonstrator's demands.
Valentine's Day in the Twin Cities will be sunny during the afternoon with temperatures in the 40s, according to NEXT Weather Meteorologist Chris Shaffer.
A northern Minnesota couple was looking for a career change, so they built a candy store. In this Finding Minnesota, John Lauritsen shows off Sweetly Kismet in Carlton where shoppers can get a taste of the past and present.
New traffic tech along a dangerous stretch of road in Minnesota is showing life-saving results. An artificial intelligence camera is catching distracted drivers by the hundreds. It's a problem the state and community members have been working on for years along Highway 7 between St. Louis Park and St. Bonifacius. Jason Rantala shows us how it works.
NEXT Weather Meteorologist Chris Shaffer says temperatures around the Twin Cities will reach the low 40s on Thursday, with some residents to the south seeing low 50s.