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WASHINGTON (AP) -- U.S. consumers increased their spending in December at a slower pace, while their income grew by the largest amount in eight years. Income surged because companies rushed to pay dividends before income taxes increased on high-earners. The Commerce Department said Thursday that consumer spending rose 0.2 percent last month. That's slightly slower than the 0.4 percent increase in November.
By Christopher Snowbeck, AP Reporter The Mayo Clinic is seeking more than $500 million in state support for economic development projects in the medical center's hometown of Rochester -- a deal that clinic officials say would guarantee the world-famous clinic stays and grows in Minnesota.
ST. PAUL (AP) — Minnesota's county prosecutors are teaming up with state lawmakers on legislation that would expand the power of prosecutors to charge violent felons for possessing firearms. Hennepin County Attorney Mike Freeman and two DFL lawmakers unveiled the proposal Thursday at the Capitol. They say the bill's handful of changes are aimed at cutting gun violence by giving prosecutors tools to crack down on gun possession by people convicted of violent crimes, or ruled by a judge to be dangerous.
COLD SPRING (AP) — The part-time officer who was working with a Cold Spring police officer when he was killed has resigned. Cold Spring-Richmond Police Chief Phil Jones tells the St. Cloud Times ( http://on.sctimes.com/XacpMM ) that Greg Reiter submitted his resignation Jan. 10. He says Reiter is returning to his other job of hanging drywall.
MINNEAPOLIS (AP) — The Los Angeles Clippers don’t take kindly to being pushed around. Blake Griffin had 26 points and 13 rebounds, and DeAndre Jordan added 16 points and 12 boards to lift the Los Angeles Clippers to a 96-90 victory over the Minnesota Timberwolves on Wednesday night. Caron Butler had 19 points and Jamal Crawford scored 17 for the Clippers.
WASHINGTON (AP) -- The U.S. economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. The decline occurred despite faster growth in consumer spending and business investment.
DETROIT (AP) -- Just three years out of bankruptcy, Chrysler posted a $1.7 billion profit in 2012 and said it expects to earn more than $2 billion this year. Improving...
WASHINGTON (AP) -- Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal. The consensus forecast from Factset is economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1 percent rate in the July-September quarter and would be the slowest in nearly two years.
MINNEAPOLIS (AP) — Fewer Minnesotans died as the result of domestic violence in 2012. An annual report from the Minnesota Coalition for Battered Women says 18 people were killed in domestic violence situations last year, the lowest number since 1991. At least 14 women and one man were killed by a current or former partner. Three friends or family members died as a result of domestic violence. Coalition program manager Rebekah Moses says no children were killed in similar situations in 2012.
WASHINGTON (AP) -- The National Rifle Association and gun-control advocates, including the husband of wounded former Rep. Gabrielle Giffords, are facing off at the year's first Senate hearing on what lawmakers should do to curb gun violence.