Business | page 7

FRIDAY, DEC. 2, 2016

FRIDAY, DEC. 2, 2016, 2:45 P.M.

Stocks tread water as big dividend payers jump and banks dip

Investors are making a small move back to traditionally safe assets Friday afternoon after the rally of the last few weeks. Bonds are rising, as are real estate, telecommunication and household goods retail companies. Bond yields are moving lower and banks are falling. The Dow Jones industrial average, which closed at a record high a day ago, is down slightly.

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In this Thursday photo, Larry Jefferson, playing the role of Santa, smiles with Jack Kivel, of Prior Lake, Minn., for photos at the Santa Experience at Mall of America in Bloomington, Minn. (Leila Navidi / Associated Press)

FRIDAY, DEC. 2, 2016, 2:31 P.M.

Mall of America welcomes its first black Santa

Dozens of Santas cycle through Twin Cities shopping centers each year, spreading joy to children who entrust them with their holiday wish lists. What has been missing from that experience, some parents say, was a Kriss Kringle who represented a wider swath of believers.

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FRIDAY, DEC. 2, 2016, 11:45 A.M.

Indonesia to host IMF-World Bank annual meeting in 2018

Indonesia has been selected to host the 2018 Annual Meetings of the International Monetary Fund (IMF) and World Bank on the resort island of Bali, during which central bankers and finance ministers from across the globe will meet to discuss worldwide financial issues.

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In this March 23 file photo, Kevin Johnson, president and chief operating officer of Starbucks Corp., holds up one of the coffee company’s prepaid Visa debit cards.  Johnson will become chief executive as of April 3, 2017. (Ted S. Warren / Associated Press)

FRIDAY, DEC. 2, 2016, 8:20 A.M.

Next Starbucks CEO brings tech savvy

After turning Starbucks Corp. into the world’s largest coffee chain, Chief Executive Officer Howard Schultz will hand the reins to a lieutenant who could solidify its role as a technology company.

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The Dirt

Here's the dirt

See the latest new construction, business openings and closures and progress on ongoing projects here.


Weekend Wild Card — 12/10-11/16

We keep heading toward one of my favorite days of the winter, Dec. 21, the Winter Solstice. It's the longest night of the year and the shortest day of the ...

Holly jolly lard-free tamales

Warm corn flour, shredded chicken, chilies and cheese, or pork carnitas – yes, please. Problem is, in many cases, tamales are made with an ingredient many people want to do ...



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