Browsing Tag
Minnesota
58 posts
Minnesota says Trump administration halted evidence sharing in Renee Good and Alex Pretti killings
Minnesota prosecutors say federal authorities abruptly stopped providing evidence needed to investigate two fatal shootings by immigration officers, while the Justice Department argues it can withhold the requested material.
US Justice Department plans 1,000 election monitors as states challenge federal oversight
The U.S. Justice Department plans to send approximately 1,000 election monitors across all 50 states, prompting scrutiny from state officials who question the expansion of federal oversight.
Fastenal Q3 profit jumps 20% to $402m as industrial sales growth accelerates
Fastenal delivered 15.5% sales growth, higher operating margins and strong cash generation during the third quarter, but its increasing dependence on large manufacturing customers is changing the economics of its distribution business.
Polar Semiconductor and imec target 8-inch GaN production for AI data centers and US power chips
Polar Semiconductor's licensing partnership with imec brings 40V to 650V gallium nitride technology to its Minnesota foundry, targeting AI data centers, automotive power electronics and defense applications as the United States expands domestic semiconductor manufacturing.
Federal agents search Ilhan Omar’s home as Justice Department confirms criminal probe
Federal investigators have searched Democratic Representative Ilhan Omar's Washington-area home under a judicially authorised warrant. The Justice Department has confirmed an ongoing criminal investigation but has not disclosed its subject or announced charges. The unanswered questions concern the investigation's scope and whether the search will lead to further legal action.
Niron Magnetics adds Honda backing for Iron Nitride permanent magnet commercialization
Honda Motor has invested in Niron Magnetics as the Minnesota manufacturer scales rare-earth-free Iron Nitride permanent magnets, adding strategic customer validation after Niron secured $150 million of private debt and a separate conditional $150 million U.S. government commitment.
Arc’teryx is moving into Dick’s House of Sport as its premium retail experiment gets much bigger
Arc’teryx targets 200 North American stores as Amer Sports raises guidance, testing whether premium retail expansion can justify AS valuation pressure.
Best Buy (NYSE: BBY) falls 4.4% as higher FY27 guidance faces margin test
Best Buy raised FY27 sales and EPS guidance after Q2 growth accelerated. Can AI devices and advertising sustain margins after BBY's 4.4% fall?
ICE officer accused in Minneapolis shooting could face federal charges as interstate legal battle intensifies
DOJ weighs charges against ICE officer Christian Castro as Minnesota and Texas battle over extradition before a looming custody deadline.
H.B. Fuller (NYSE: FUL) receives $1.2bn Ancora bid for Building Adhesives unit
Ancora's $1.2 billion cash bid for H.B. Fuller's Building Adhesives unit forces a governance test after the board's AMS acquisition pushed leverage to 4x.