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Title: Minneapolis Business News - Local Minneapolis News | The Minneapolis / St Paul Business Journal
Link: http://twincities.bizjournals.com/twincities/breaking_news.html?ana=from_rss
Description: View Breaking Local News Headlines in Minneapolis from The Minneapolis / St Paul Business Journal. Access business resources, company profiles, business advice columns, local jobs and more.

FDIC: Number of problem banks up 32%
The number of institutions on the Federal Deposit Insurance Corp.?s ?problem list? increased 32 percent during the third quarter to 552 banks, the highest level in 16 years as troubled loans continued to batter banks nationwide, the agency announced Tuesday.



Twin Cities home-prices climb in September; growth leads nationwide survey
Twin Cities home prices continued to rise in September, according to the latest Standard & Poor?s/Case-Shiller Home Price Index.



New Hope businessman charged over taxes
The Minnesota Department of Revenue on Tuesday said a New Hope businessman has been charged in Hennepin County with failing to file tax returns.



Delta lands OK on Zagat airline survey
Fliers? reviews of Delta Air Lines Inc. were mixed, according to Zagat?s 2009 Airline Survey released Tuesday. (DAL)



General Mills plans to cut products, but no word on which ones
General Mills Inc. plans to ?exit certain underperforming products in its U.S. retail segment,? the Golden Valley-based maker of Cheerios and other food products said Tuesday in a U.S. Securities and Exchange Commission filing. (GIS)



Kieran?s Irish Pub moving to Block E
While opening day is still almost five months out, the Minnesota Twins new stadium, Target Field, is already drawing business its direction.



Hormel 4Q profits up, but sales weak
Hormel Foods Corp. on Tuesday said fourth-quarter earnings were up about 50 percent amid lower operating costs, even as the Austin, Minn.-based food products maker saw sales sag across its business segments. (HRL)



Medtronic 2Q profits up nearly 60%, ups guidance for year
Medtronic Inc. on Tuesday reported a nearly 60 percent increase in second-quarter earnings amid strong revenue growth across all business segments. (MDT)



New soccer league, with MN Thunder, unveils name
A new men?s professional soccer league being formed by the Minnesota Thunder and several other teams unveiled its name Monday: the North American Soccer League (NASL).



Minneapolis businesses sponsor bike-sharing system
Several businesses have signed onto a plan by Nice Ride Minnesota to launch a public bike-sharing system in Minneapolis.