Best Buy Founder Resigns As Director, Effective Immediately
The founder and outgoing chairman of Best Buy announced his resignation from the board Thursday and said that he may sell off his 20.1 percent stake in the beleaguered electronics retailer.
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The founder and outgoing chairman of Best Buy announced his resignation from the board Thursday and said that he may sell off his 20.1 percent stake in the beleaguered electronics retailer.
Best Buy Co. said Tuesday that its fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing a turnaround plan.
Best Buy Co.'s fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing its turnaround plan. Its adjusted earnings and revenue both topped Wall Street's expectations.
Most of us are lucky to get two weeks' pay if we get fired. But when a CEO gets the axe, or resigns to avoid being fired, he or she often walks away with millions in severance.
Disgraced Best Buy CEO Brian Dunn will receive a $6.6 million severance package.
Best Buy founder Richard Schulze has announced he is stepping down. An internal investigation has confirmed a relationship between former CEO Brian Dunn and a female employee.
Let's face it, computers don't last forever. But how do you know when it's time to ditch your old computer for something new? Geek Squad agents take these types of questions all the time from customers at Best Buy.
Officials with Best Buy announced Saturday that 42 more stores are closing nation-wide, and one of them is in Minnesota.
Innocent until proven guilty? Maybe not if the defendant is a CEO and the jury is a company's board of directors.
Best Buy Co. says it is creating a search committee to find a CEO to replace Brian Dunn, who abruptly resigned Tuesday.
Best Buy CEO Brian Dunn abruptly resigned on Tuesday after the embattled consumer electronics chain launched an internal investigation into his "personal conduct."
Best Buy CEO Brian Dunn is resigning from the nation's largest consumer electronics retailer, which has been struggling to rebound amid growing competition and changing shopping habits.
Outside Best Buy's corporate headquarters store in Richfield, you can already see the signs of change: a banner hanging on the wall tells customers to expect something new in the months ahead.
Best Buy Co. said it plans to close 50 big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the biggest U.S. specialty electronics retailer posted a fiscal fourth quarter loss partly due to restructuring charges, but its adjusted results topped Wall Street's expectations.
The founder of Geek Squad announced that he's leaving the company, which was acquired by Best Buy a decade ago.
As much as people use smartphones, the battery can drain fairly quickly. If you want to milk more from your phone's battery life, there are a few options to consider.
The more we use our smartphones, the more likely it is they can be damaged. But if you accidentally drop your phone in water, you may not have to shell out a lot of money to have it fixed.
As part of a Black History Month, Justice Alan Page was at Best Buy Corporate Headquarters in Richfield on Thursday talking about his remarkable life.
This winter has so far been mild, but drivers will once again have to wait for a freezing car to warm up.
When Richfield-based Best Buy made the news back in December, it wasn't good. The company had to apologize to thousands of customers after the orders placed after Thanksgiving couldn't be delivered in time for Christmas.
Best Buy Co. says that weaker than expected traffic until the week before Christmas and low demand in Canada and Europe put a crimp in its December sales.
Best Buy says it won't be able to fill some customers' online orders, just days before Christmas.
Electronics retailer Best Buy said Tuesday that its third-quarter net income fell 29 percent as it cut prices in popular categories such as tablets and TVs to drive sales and traffic during the busy holiday season.
If you are still looking for a family-friendly gift, the all-in-one computer isn't new but now they can do more for less.
Hundreds of nurses at North Memorial Health's Maple Grove Hospital have voted to approve an unfair labor practice strike, their union announced Tuesday.
The Minnesota House and Senate unanimously passed a bill on Monday to rename a portion of a highway in Ramsey County after Master Sergeant Nicole Amor.
The operator of the Dali, a container ship that lost power and slammed into Baltimore's Francis Scott Key Bridge in 2024, killing six people, is facing federal charges.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
Hundreds of nurses at North Memorial Health's Maple Grove Hospital have voted to approve an unfair labor practice strike, their union announced Tuesday.
The Minnesota House and Senate unanimously passed a bill on Monday to rename a portion of a highway in Ramsey County after Master Sergeant Nicole Amor.
Three family pets were killed in a house fire in St. Paul, Minnesota, Tuesday morning, officials said.
Ospreys near Wayzata, Minnesota, have claimed a road sign as their nesting site. The Minnesota Department of Transportation was set to replace the sign, but the swap has been put on hold.
On Monday evening, Inver Grove Heights, Minnesota, officials hit pause on a proposed data center.
With energy prices putting pressure on families, one Minnesota company is utilizing the power of the sun to help ease the pain.
A 21-year-old man has been sentenced to over a decade in prison for sexually assaulting a woman at a central Minnesota college, according to court documents.
A former Winona, Minnesota, teacher and track coach accused of having sexual relations with three different high school students has been sentenced, court records said.
A Minnesota school resource officer who did not report a middle school teacher for sending sexual photos of herself to high school students pleaded guilty to aiding an offender.
A man was found dead in a wooded area around 2:30 p.m. Friday, after a short pursuit on an ATV, according to the Becker County Sheriff's Office.
A 100-mile stretch of Mississippi River towns is hosting its annual 100 Mile Garage Sale this weekend, drawing shoppers and sellers from across the region and beyond.
Minnesota animal rescues are stepping up to take in dogs from a Wisconsin research facility accused of animal abuse.
You may have heard of Give to the Max Day, where people donate millions of dollars to hundreds of nonprofits and organizations across Minnesota on a single day. That idea has spread to western Wisconsin, called Give Big Valleys.
Federal prosecutors say a small-town Wisconsin police chief tried to help California gun dealers import illegal armor-piercing rounds from Europe.
Local and federal law enforcement are investigating after nearly 50 firearms and "a large quantity of ammunition" were stolen from a sporting goods store in St. Croix County, Wisconsin, the Bureau of Alcohol, Tobacco, Firearms and Explosives said Friday.
Somali and Muslim leaders in Minnesota played a threatening voicemail at a public gathering Friday, saying businesses in their community are being targeted with messages warning of death.
The Black homeownership rate in the Twin Cities dropped to 29% in 2024, and the region had the largest gap between Black and White homeownership rates of any comparable metro in the country.
Bobby Rogers once came to the Minneapolis Institute of Art to sketch and study; now he leads its design and editorial work, shaping what visitors see and experience.
Moses Cooper, who has cerebral palsy, met running partner Mark Hulsey through My Team Triumph Minnesota two years ago and the pair qualified for the Boston Marathon at Grandma's Marathon last summer.
Mackenzie Reed, head custodian at Shakopee East Middle School, has painted large-scale murals throughout the building she once attended as a student, creating a more welcoming space for current students.
The operator of the Dali, a container ship that lost power and slammed into Baltimore's Francis Scott Key Bridge in 2024, killing six people, is facing federal charges.
Pressure is building on a top Minnesota lawmaker to take action in the wake of a deadly school shooting.
It's the final stretch to make grooming a child a crime in Minnesota. With a week to go in the legislative session, it's the state Senate's turn to move the legislation along.
It's the final stretch to make grooming a child a crime in Minnesota. With one week to go, it's the Senate's turn to move the legislation along. The push follows a WCCO Investigative series.
Pressure is building on a top Minnesota lawmaker to take action in the wake of a deadly school shooting. This year's legislative session ends in just six days, and the Republican House speaker hasn't allowed a gun control bill to hit the floor. That's why Annunication Catholic School parents are mounting a new letter-writing and calling campaign.
A 100-mile stretch of Mississippi River towns is hosting its annual 100 Mile Garage Sale this weekend, drawing shoppers and sellers from across the region and beyond.
The Black homeownership rate in the Twin Cities dropped to 29% in 2024, and the region had the largest gap between Black and White homeownership rates of any comparable metro in the country.
The Minnesota Senate passed a bill with mandatory requirements for homeowners associations aimed at improving transparency and preventing disputes, after two years of legislative work driven by public complaints.
Gas in the Twin Cities can be up to $4.20 a gallon these days, and it's happening as Minnesota is revving up for summer.
According to the letter, enforcement will be done by police and plainclothes officers, with businesses themselves being held accountable for repeat violations.
Pressure is building on a top Minnesota lawmaker to take action in the wake of a deadly school shooting.
A 21-year-old man has been sentenced to over a decade in prison for sexually assaulting a woman at a central Minnesota college, according to court documents.
An 18-year-old man is charged with owning, possessing or operating a machine gun after a teen was seriously injured in a shooting in Hopkins, Minnesota, last month, court records show.
Dramatic new video shows the moments a Twin Cities police officer was hit in the hand, leading to him and another officer to fatally shooting a 27-year-old man.
A former Winona, Minnesota, teacher and track coach accused of having sexual relations with three different high school students has been sentenced, court records said.
Hundreds of nurses at North Memorial Health's Maple Grove Hospital have voted to approve an unfair labor practice strike, their union announced Tuesday.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
If it feels like your health insurance premiums are going up, there's a good chance you're right.
Several hundred nurses at North Memorial Health's Maple Grove Hospital are taking an unfair labor practice strike authorization vote Monday.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Jimmy Jam and Terry Lewis are calling their Aug. 29 show "Homecoming: A Celebration of the Minneapolis Sound."
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The Minnesota Star Tribune was awarded the Pulitzer Prize for breaking news for its coverage of a mass shooting at a Minneapolis Catholic school that killed two children and injured more than a dozen others.
Mononymous country music star Hardy is set to kick off the final weekend of the 2026 Minnesota State Fair.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Ross Colton and Parker Kelly each scored their first goals of the postseason in the third period for Colorado as the Avalanche snapped back from a mid-series lull and beat the Minnesota Wild 5-2 in Game 4 to take a 3-1 lead in the second round of the NHL playoffs.
The durability of Anthony Edwards has proven to be the most valuable trait for the Minnesota Timberwolves during the NBA playoffs this year among his many superpowers on the court.
In her pro debut, Sophia Boman has had six goals, one of them a header.
Player safety concerns tied to illness have prompted the PWHL to postpone Monday's playoff game between the Minnesota Frost and Montreal Victoire, according to the league.
San Antonio Spurs star Victor Wembanyama will not face further discipline from the NBA for elbowing Minnesota Timberwolves player Naz Reid in Game 4 of the teams' Western Conference semifinal series, a person with knowledge of the league's decision said Monday.
Amy Klobuchar is putting her gubernatorial campaign into high gear. She faces no significant opposition in the race for the DFL endorsement and her existing record of statewide wins is formidable.
The legislation establishes a list of requirements aimed at improving transparency and reducing conflicts within HOAs. Minnesota estimates that 25% of its residents live in an HOA, and 82% of new homes are built within one.
The Minnesota Senate passed a bill with mandatory requirements for homeowners associations aimed at improving transparency and preventing disputes, after two years of legislative work driven by public complaints.
The Minnesota Senate passed a bill with mandatory requirements for homeowners associations aimed at improving transparency and preventing disputes, after two years of legislative work driven by public complaints. In Talking Points, Esme Murphy spoke with Dana Ohman, an attorney who handles HOA disputes, about some of the most common questions homeowners have.
Sen. Tina Smith is using her last months in office to vocally campaign for progressive and environmental causes. She hopes that a progressive will succeed her when Minnesotans go to the polls next November.
For nearly 50 years, Farmamerica has been sowing agricultural knowledge near Waseca, Minnesota.
The carillon has 56 bells, and the Mayo Clinic said that makes it one of the largest instruments in the world and the largest instrument in Minnesota.
When you think of masterful, memorable works of art, grain elevators don't typically come to mind. But in towns across the country, including in Minnesota, they're becoming an unlikely canvas for creativity.
At Arnie Lillo's Creations in Blue Earth County, you can visit a metal-scaled version of the Eiffel Tower and the Golden Gate Bridge. The works of art have taken on a shape of their own.
It's one of the largest musky hatcheries in the entire world. John Lauritsen shows us how the Spooner hatchery keeps fish healthy and anglers happy.
More people than the entire population of Minneapolis, or half a million, were estimated to go fishing in Minnesota this past weekend. WCCO looks at how the tradition stacks up with other outdoor events that keep the state's economy running.
A deadly virus that's killed cruise ship passengers can be traced to small critters found hiding in homes.
So far this decade, the Twin Cities metro has, on average, added about 17,000 housing units per year, according to data from the Metropolitan Council.
A symbolic change is bothering some Minnesotans. Now their local leaders are listening; several cities are voting to fly the old state flag instead of the new one. While it was a drastic redesign, it wasn't the first.
Construction season has arrived, potentially adding several minutes to your daily drive to work. So, how bad is the commute in the Twin Cities? Good Question.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Parts of Minnesota will see critical fire weather conditions on Tuesday.
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.
Expect breezy winds, highs in the 70s and sunshine in the Twin Cities on Tuesday, with fire danger out west.
Expect breezy winds, highs in the 70s and sunshine in the Twin Cities, with fire danger out west.
NEXT Weather meteorologist Chris Shaffer says Tuesday afternoon will be very windy for a large part of Minnesota.
Parts of Minnesota will see critical fire weather conditions on Tuesday.
A growing number of Minnesota communities is putting the pause on data centers, plus more of the day’s top stories.
Three family pets were killed in a house fire in St. Paul, Minnesota, Tuesday morning, officials said.
Expect breezy winds, highs in the 70s and sunshine in the Twin Cities, with fire danger out west.
NEXT Weather meteorologist Chris Shaffer says Tuesday afternoon will be very windy for a large part of Minnesota.