In a meeting held by business and civic leaders, the President of the Federal Reserve Bank of Minneapolis has told that the little pressure of inflation in the US economy indicates that the Federal Reserve will be keeping its target interest rates low for the coming times. 

Minneapolis-based Target Corp. is going to sue the group Canvass, gay-marriage activists, who are canvassing outside the retailing stores of the company in San Diego area.

The company claims that the canvassing outside its stores is not only harassing its customers but is also hampering its business.

According to the researchers, since 2005, the allergy season has increased by 16 days in Minneapolis -- and even farther north, as the number of frost-free days each year also rose.

Northwest Flight 188 had, because of reasons yet to be confirmed, recently overshot its Minneapolis destination by nearly 150 miles. The then pilots, first officer Richard Cole of Salem, and flight captain Timothy Cheney of Gig Harbor, have come forward with the confession that they were, in what is clearly a violation of company policy, using their laptops to go over schedules in the cockpit.

In its endeavor to expand its growing diabetes business, the Minneapolis-based medical device maker Medtronic Inc. intends making 1,400 job-additions in the coming five-year period, at its new San Antonio, Texas-based customer support facility, scheduled to open late this summer.

Sunday, March 8, marked the formal entry of the Dallas-based Southwest Airlines into the Twin Cities market - with the airline to operate eight roundtrip flights daily between Minneapolis and Midway airport, Chicago; and connect to nearly 50 cities from there.

The launch was a long-awaited one, especially by those who have flown Southwest in other parts of the country!

Minneapolis-headquartered Medtronic, Inc. has signed a definitive agreement to acquire CoreValve, Inc., developer of a transcatheter, transfemoral aortic valve replacement product.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, has acquired Stanton Group LLC and Stanton Group Risk Management Services LLC, both headquartered in Minneapolis, Minnesota.