Target’s 1Q profits up 1.2 percent but sales rose 6 percent; outlook raised

Friday, May 11th, 2012

NEW YORK - Target Corp. raised its profit outlook Wednesday after reporting better-than-expected first-quarter results that were boosted by increased spending on food and cheap chic fashions. Like most retailers, Target has had the challenge of trying to find ways of luring cautious U.S. shoppers into stores amid a flood ...

Ford to shorten “summer shutdown” in North America (Reuters)

Wednesday, May 9th, 2012

The factories will be idled for one week instead of the usual two weeks. Automakers typically use this time to make engineering and design changes at factories for upcoming models. Ford said last month that it would lose U.S. market share this year as consumer demand for ...

The second life of an earmark: 5 years later, Destiny finds a new use for Washington’s $1.7 million handout

Monday, April 16th, 2012

The second life of an earmark: 5 years later, Destiny finds a new use for Washington's $1.7 million handout In February 2003, former U.S. Rep. James Walsh used his influence as a senior congressman to secure $1.7 million in federal tax dollars to help with the Carousel ...

Ammunition business leads the way for Alliant

Sunday, April 8th, 2012

With a workforce that has doubled in the past decade, the Federal Cartridge plant in Anoka owes its growth to those who own firearms for hunting, sport shooting and, more than ever, personal protection. About 1,400 people at the sprawling complex produce everything from low-caliber ammunition for weekend warriors to ...

Foxconn chairman pledges to keep raising pay (Reuters)

Tuesday, April 3rd, 2012

Apple and Foxconn agreed last week to tackle violations of conditions among the 1.2 million workers assembling iPhones and iPads in a landmark decision that could change the way Western companies do business in China. "We are a saying now in the company -- you work fewer hours, but get ...