City Minneapolis Financial News

By Ann Saphir

Investing.com — U.S. stock futures traded marginally lower Monday, with investors still feeling the pressure of the Federal Reserve’s hawkish stance, while a potential U.S. government shutdown draws nearer.

South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app.

By Rajesh Kumar Singh

Investing.com — General Mills (NYSE:GIS) has reported a decline in adjusted income in its first quarter, but still topped expectations thanks to stabilizing supply chains and consumer resilience in the face of inflationary pressures.

Akon has exciting news for his fans as he announces 'The Superfan Tour' for 2023. Get ready to groove to all your favorite Akon hits from the past 20 years, from «Right Now (Na Na Na)» to «Soul Survivor.» Produced by Live Nation, this 15-city tour promises an unforgettable musical journey.

The Department of Defense has awarded $20.6 million to developers of the proposed Talon nickel mine in Minnesota under a program to strengthen domestic supply chains for critical minerals

The temperature says it's summer outside, but Delta Air Lines is training employees in how to de-ice an airplane — a critical part of flying during the cold winter months

The temperature says it's summer outside, but Delta Air Lines is training employees in how to deice an airplane — a critical part of flying during the cold winter months

People living in Minnesota without legal immigration status can now begin the process of getting their driver’s license by making an appointment for their written driver’s test

Muslim call to prayer will ring out more freely in New York City under guidelines announced Tuesday by Mayor Eric Adams, which he said should foster a spirit of inclusivity. Under the new rules, Adams said, mosques will not need a special permit to publicly broadcast the Islamic call to prayer, or adhan, on Fridays and at sundown during the holy month of Ramadan. Friday is the traditional Islamic holy day, and Muslims break their fast at sunset during Ramadan. The police department's community affairs bureau will work with mosques to communicate the new guidelines and ensure that devices used to broadcast the adhan are set to appropriate decibel levels, Adams said. «For too long, there has been a feeling that our communities were not allowed to amplify their calls to prayer,» Adams said.

One of the nation’s largest retailers has been making big changes to its distribution network using smaller warehouses. Target said its move to add regional hubs with specific roles to its supply chain over the past five years has helped pare its inventories, deliver online orders faster and speed up store replenishment. The Minneapolis-based merchant, like competitors Amazon.com and Walmart, has been trying to hold less inventory and trim shipping costs by placing goods closer to customers.

Minneapolis' mayor has vetoed a minimum wage for Uber, Lyft and other ride-hailing drivers in the city

Lauryn Hill will soon embark on a world tour. It will be a 25thanniversary tour for her debut solo album, 1998’s ‘Miseducation of Lauryn Hill.’

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000

Minneapolis City Council members have narrowly passed a measure that would establish a minimum wage for Uber and Lyft drivers

YouTube of restricting or removing videos from Black and Hispanic content creators because of their race. US District Judge Vince Chhabria in San Francisco said that although the idea that YouTube's algorithm could discriminate based on race is plausible, the plaintiffs «do not come close» to suggesting they suffered any discrimination.

Minneapolis City Council members narrowly passed a measure on Thursday that would establish a minimum wage for drivers of Uber, Lyft and other ride-share companies in the city. The mayor can still veto the measure. Many of the drivers are African immigrants who have been pushing for higher wages at the state and city levels for several months.

For much of the year, the bond market has been embracing expectations that the Federal Reserve’s interest rate increases have peaked or were about to peak. The underlying logic centered on the ongoing slide in inflation following 2022’s spike.

Target reported its first quarterly sales drop in six years, dragged down by shoppers' inflation worries and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise