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In today's newsletter:
Also on today's calendar: Free Bikes 4 Kidz Gran Fondo and 9 more events.
Today's riddle: What is full of holes but still holds water? 🤔 (Answer below!)
1. Minneapolis-Based Target Just Cashed A Massive Tariff Refund Check (patch.com) — Target's latest earnings report brings big news for Minneapolis, where the retailer is headquartered, as a nearly $1 billion tariff refund helped more than double quarterly profit. Even without the one-time boost, sales and margins improved, store traffic climbed, and the company raised its full-year outlook, signaling renewed strength for one of downtown Minneapolis's most important employers.
2. Minnesota and Minneapolis minimum wages going up: Here are the new rates (fox9.com) — Minneapolis workers and employers should prepare for the city's minimum wage to rise to $17.02 an hour on Jan. 1, 2027, outpacing the new statewide $11.87 rate. The piece explains how automatic inflation adjustments work and notes that St. Paul's 2027 large-employer rate will be announced in September, with smaller-employer and youth rates already set.
3. One month after a mass shooting in Uptown Minneapolis, no arrests have been made (kstp.com) — One month after nine people were shot outside the Reign Event Center in Uptown Minneapolis, police still have not made an arrest, and neighbors say the area feels tense and changed. Minneapolis police describe an ongoing, prioritized investigation and outline stepped-up late-night patrols and traffic changes in Uptown, while urging anyone with information to contact investigators or CrimeStoppers.
4. Small group with big power: Minneapolis Board of Estimate & Taxation to set max property tax hike soon (kstp.com) — Minneapolis leaders are weighing how much to raise property taxes for 2027, and the small but powerful Board of Estimate & Taxation will soon set the maximum levy increases for the city and park system. With Mayor Jacob Frey and park officials seeking sizable hikes, residents can weigh in at a Sept. 9 public hearing before final budget decisions later this year.
5. Minnesota brands take center stage at Outdoor Retailer trade show in Minneapolis (kare11.com) — Outdoor Retailer, a major national trade show, is in Minneapolis for the first time, spotlighting 27 Minnesota outdoor brands and drawing hundreds of exhibitors and buyers. Local companies like Minneapolis-based Stunt Puppy and longtime maker Sven-Saw say the show underscores Minnesota's growing influence in the outdoor industry and could cement Minneapolis as a long-term host.
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Ok Minneapolis! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!
-- The Patch AM Team
P.S. The answer to today's riddle: A sponge (Thank you Netty W. for sending it in!)
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