Leadership Change: Hormel Foods, based in Austin, named John Ghingo president and CEO, with the transition set for Oct. 26. Local Business & Economy: Minnesota’s housing market is showing “optimistic signs,” with more pending sales and a more balanced market as inventory rises. Tech & Risk: A new look at community bank cyber insurance finds policies packed with overlapping exclusions and sublimits—often only revealed when claims get denied. Finance Watch: Polaris Inc. reported Q2 net income of $106.4 million, beating Wall Street expectations, and projected full-year earnings of $3.00 to $3.10 per share. Policy & Courts: A federal judge temporarily blocked Minnesota’s prediction market ban, pausing enforcement as the court weighs whether the law is preempted. Public Safety & Recovery: Gov. Tim Walz is considering a special session focused on northern Minnesota wildfires and economic recovery. Infrastructure & Reliability: T-Mobile’s nationwide outage pushed many customers into SOS mode, leaving 140,000+ reports early on before service was restored. Sports Business: Jamal Adams agreed to terms with the Vikings ahead of training camp, adding depth to a defense under Brian Flores.