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UnitedHealth is now the world's fourth-largest company by revenue

The Minnesota health care giant climbed to No. 4 on Fortune's Global 500.

News

<a class="gtmContentClick" data-vars-link-text="UnitedHealth Group" data-vars-click-url="https://www.axios.com/2025/07/29/unitedhealth-group-earnings-unh" data-vars-content-id="60072464-3cb5-4e35-8c71-267cbebe062b" data-vars-headline="UnitedHealth is now the world&#x27;s fourth-largest company by revenue" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2025/07/29/unitedhealth-group-earnings-unh" target="_self">UnitedHealth Group</a> is now the fourth-largest company in the world, according to the newly released <a class="gtmContentClick" data-vars-link-text="Fortune Global 500" data-vars-click-url="https://fortune.com/ranking/global500/" data-vars-content-id="60072464-3cb5-4e35-8c71-267cbebe062b" data-vars-headline="UnitedHealth is now the world&#x27;s fourth-largest company by revenue" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://fortune.com/ranking/global500/" target="_blank">Fortune Global 500</a>.Zoom in: Only Amazon, Walmart and China&#x27;s state-owned utility bring in more revenue than UnitedHealth, which jumped three spots on this year&#x27;s ranking.<ul><li>The Eden Prairie-based health care giant leapfrogged three oil companies, including Saudi Aramco, to claim the No. 4 spot.</li></ul>

Report: Iranian hackers likely behind Minnesota municipal water cyberattack

Officials suspect Iranian hackers, though investigators have not confirmed the source.

World

U.S. and state officials believe that Iranian hackers were probably behind <a class="gtmContentClick" data-vars-link-text="this week&#x27;s cyberattack" data-vars-click-url="https://www.axios.com/newsletters/axios-twin-cities-d246e150-8aaa-11f1-b844-69ab521e89e4.html?chunk=2&amp;utm_term=twsocialshare#story2 " data-vars-content-id="70c595b7-a7ed-4c97-b676-1dc662100442" data-vars-headline="Report: Iranian hackers likely behind Minnesota municipal water cyberattack" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/newsletters/axios-twin-cities-d246e150-8aaa-11f1-b844-69ab521e89e4.html?chunk=2&amp;utm_term=twsocialshare#story2 " target="_self">this week&#x27;s cyberattack</a> targeting municipal water systems in Minnesota, <a class="gtmContentClick" data-vars-link-text="the New York Times reports" data-vars-click-url="https://www.nytimes.com/2026/07/30/us/politics/minnesota-water-cyberattack-iran.html" data-vars-content-id="70c595b7-a7ed-4c97-b676-1dc662100442" data-vars-headline="Report: Iranian hackers likely behind Minnesota municipal water cyberattack" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.nytimes.com/2026/07/30/us/politics/minnesota-water-cyberattack-iran.html" target="_blank">the New York Times reports</a>. The big picture: The coordinated campaign underscored <a class="gtmContentClick" data-vars-link-text="a growing — and concerning — trend" data-vars-click-url="https://www.axios.com/local/twin-cities/2023/10/23/minnesota-cyber-attack-hackers-schools-local-government" data-vars-content-id="70c595b7-a7ed-4c97-b676-1dc662100442" data-vars-headline="Report: Iranian hackers likely behind Minnesota municipal water cyberattack" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2023/10/23/minnesota-cyber-attack-hackers-schools-local-government" target="_self">a growing — and concerning — trend</a> of cyberattacks targeting state and local agencies and services.<ul><li>Such an &quot;act of aggression&quot; from the Iranians would come at a <a class="gtmContentClick" data-vars-link-text="tense point" data-vars-click-url="https://www.axios.com/2026/07/29/us-airstrikes-iran-trump-resume" data-vars-content-id="70c595b7-a7ed-4c97-b676-1dc662100442" data-vars-headline="Report: Iranian hackers likely behind Minnesota municipal water cyberattack" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/07/29/us-airstrikes-iran-trump-resume" target="_self">tense point</a> in the conflict with the U.S., the Times writes.</li></ul>

SummerSlam's huge spectacle lands in Minneapolis

It's the second-biggest event on the wrestling calendar, drawing thousands to downtown Minneapolis.

The pro wrestling world and its rabid fanbase are set to take over downtown Minneapolis this weekend as <a class="gtmContentClick" data-vars-link-text="WWE&#x27;s SummerSlam" data-vars-click-url="https://www.axios.com/local/twin-cities/2024/05/23/summerslam-minneapolis-host-2026-us-bank-stadium-vikings" data-vars-content-id="adf933da-5add-45bc-95bf-13b233fbd28f" data-vars-headline="SummerSlam&#x27;s huge spectacle lands in Minneapolis" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2024/05/23/summerslam-minneapolis-host-2026-us-bank-stadium-vikings" target="_self">WWE&#x27;s SummerSlam</a> rolls into town.Why it matters: This event is a huge deal. If WWE&#x27;s signature event, WrestleMania, is pro wrestling&#x27;s Super Bowl, then SummerSlam is like the conference championships — with titles and major storylines settled in the ring, and huge crowds and <a class="gtmContentClick" data-vars-link-text="adjacent events" data-vars-click-url="https://bringmethenews.com/minnesota-lifestyle/here-are-all-the-wrestling-wrestling-adjacent-events-during-summerslam-week" data-vars-content-id="adf933da-5add-45bc-95bf-13b233fbd28f" data-vars-headline="SummerSlam&#x27;s huge spectacle lands in Minneapolis" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://bringmethenews.com/minnesota-lifestyle/here-are-all-the-wrestling-wrestling-adjacent-events-during-summerslam-week" target="_blank">adjacent events</a> outside of it.

Scoop: St. Paul homelessness meeting went off the rails amid high City Hall tensions

Mayor Kaohly Her's controversial shift in homelessness policy comes as she faces a separate investigation.

St. Paul Mayor Kaohly Her lashed out at multiple top local officials for asking her on a private call last Thursday to delay <a class="gtmContentClick" data-vars-link-text="a homeless encampment sweep" data-vars-click-url="https://www.axios.com/local/twin-cities/2026/07/28/st-paul-homeless-encampment-sweeps" data-vars-content-id="352a40bf-f69b-418f-b44e-107fd4139a2c" data-vars-headline="Scoop: St. Paul homelessness meeting went off the rails amid high City Hall tensions" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2026/07/28/st-paul-homeless-encampment-sweeps" target="_self">a homeless encampment sweep</a>. One state representative grew so frustrated she logged off the call early, according to a recording reviewed by Axios.Why it matters: Many attendees left the meeting concerned that the mayor had done lasting damage to her relationships with St. Paul&#x27;s legislative delegation — <a class="gtmContentClick" data-vars-link-text="relationships Her, a former state lawmaker, had touted" data-vars-click-url="https://www.axios.com/local/twin-cities/2025/10/29/st-paul-mayor-carter-her-leadership-style" data-vars-content-id="352a40bf-f69b-418f-b44e-107fd4139a2c" data-vars-headline="Scoop: St. Paul homelessness meeting went off the rails amid high City Hall tensions" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2025/10/29/st-paul-mayor-carter-her-leadership-style" target="_self">relationships Her, a former state lawmaker, had touted</a> during her campaign — two officials who were on the call told Axios.

Bruce Springsteen makes surprise appearance at Minneapolis' First Avenue

The Boss played a benefit for Renee Good and Alex Pretti, both shot to death by federal agents

Bruce Springsteen made a surprise visit to iconic nightclub First Avenue on Friday to play his newly recorded &quot;<a class="gtmContentClick" data-vars-link-text="Streets of Minneapolis" data-vars-click-url="https://www.youtube.com/watch?v=GDaPdpwA4Iw" data-vars-content-id="e550bc25-cc10-4f06-aedb-5799d7a32423" data-vars-headline="Bruce Springsteen makes surprise appearance at Minneapolis&#x27; First Avenue" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.youtube.com/watch?v=GDaPdpwA4Iw" target="_blank">Streets of Minneapolis</a>&quot; at a benefit concert for the families of <a class="gtmContentClick" data-vars-link-text="Alex Pretti" data-vars-click-url="https://www.axios.com/2026/01/24/minneapolis-ice-shooting-id" data-vars-content-id="e550bc25-cc10-4f06-aedb-5799d7a32423" data-vars-headline="Bruce Springsteen makes surprise appearance at Minneapolis&#x27; First Avenue" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/01/24/minneapolis-ice-shooting-id" target="_self">Alex Pretti</a> and <a class="gtmContentClick" data-vars-link-text="Renee Good" data-vars-click-url="https://www.axios.com/local/twin-cities/2026/01/07/ice-shooting-victim-identified-renee-nicole-good-minneapolis" data-vars-content-id="e550bc25-cc10-4f06-aedb-5799d7a32423" data-vars-headline="Bruce Springsteen makes surprise appearance at Minneapolis&#x27; First Avenue" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2026/01/07/ice-shooting-victim-identified-renee-nicole-good-minneapolis" target="_self">Renee Good</a>.

North Minneapolis amphitheater secures financing

Developers say the 8,000-seat venue could still open in summer 2027.

First Avenue and the Minnesota Orchestra secured financing for their <a class="gtmContentClick" data-vars-link-text="long-planned" data-vars-click-url="https://www.axios.com/local/twin-cities/2022/11/16/rendering-amphitheater-minneapolis-river-first-avenue" data-vars-content-id="96fa6720-45eb-4b90-9169-b4f8590702e3" data-vars-headline="North Minneapolis amphitheater secures financing" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2022/11/16/rendering-amphitheater-minneapolis-river-first-avenue" target="_self">long-planned</a> North Minneapolis riverfront amphitheater on Wednesday, they confirmed to Axios. Why it matters: The two organizations had hoped to break ground in September, but that never happened, raising questions about whether the 8,000-seat concert venue would be ready for a previously planned Memorial Day weekend 2027 opening.

Minnesota's first "Gamer Orchestra" brings video game music to the stage

"Dreams and Determination" will feature the music of Undertale and Deltarune.

Things to Do

Over 75 musicians will pack a Minneapolis high school stage Thursday night for a grand orchestral performance — of beloved video game music.The big picture: Thursday marks the third concert by the <a class="gtmContentClick" data-vars-link-text="Twin Cities Gamer Symphony Orchestra" data-vars-click-url="https://tcgso.org/about-us/" data-vars-content-id="c695c001-58e4-488d-9f66-dddd9011c2ad" data-vars-headline="Minnesota&#x27;s first &quot;Gamer Orchestra&quot; brings video game music to the stage" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://tcgso.org/about-us/" target="_blank">Twin Cities Gamer Symphony Orchestra</a>, a community orchestra that performs arrangements of music originating from video games.

Viral girl group Katseye starts world tour in Minneapolis

Katseye kicks off its world tour with a sold-out show at The Armory Saturday.

Katseye kicks off its first world tour with a sold-out concert at The Armory Saturday. Why it matters: The <a class="gtmContentClick" data-vars-link-text="Grammy-nominated" data-vars-click-url="https://www.cnn.com/2025/11/07/entertainment/katseye-grammys" data-vars-content-id="df2d3231-5245-4a7f-aa3b-cb08dc84dfdb" data-vars-headline="Viral girl group Katseye starts world tour in Minneapolis" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.cnn.com/2025/11/07/entertainment/katseye-grammys" target="_blank">Grammy-nominated</a> K-pop-style ensemble is one of the most popular girl groups worldwide. <ul><li>Their tracks, which rack up hundreds of millions of streams on Spotify, and dance clips are all over TikTok and other social platforms. </li></ul>

Seeing Sir McCartney in Minneapolis is a steal

The Beatles alum last performed in the Twin Cities in 2014.

Music

<a class="gtmContentClick" data-vars-link-text="Paul McCartney" data-vars-click-url="https://www.axios.com/local/cleveland/2025/10/02/paul-mccartney-let-it-be-1999-rock-hall" data-vars-content-id="f5ef427c-907a-43cc-9cad-170dc589590d" data-vars-headline="Seeing Sir McCartney in Minneapolis is a steal" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/cleveland/2025/10/02/paul-mccartney-let-it-be-1999-rock-hall" target="_self">Paul McCartney</a> fans can snag a ticket for The Beatles alum&#x27;s Friday night show in Minneapolis for just $50. Flashback: Officials from U.S. Bank Stadium and Live Nation talked up the tour&#x27;s Twin Cities stop as &quot;one of the biggest shows in Minnesota history&quot; ahead of their July announcement.

Farm Aid 40 brings all-star music lineup to Minneapolis

Headliners include Willie Nelson, John Mellencamp, Neil Young, Dave Matthews, and Kenny Chesney.

The <a class="gtmContentClick" data-vars-link-text="40th annual Farm Aid concert" data-vars-click-url="https://www.axios.com/local/twin-cities/2025/05/13/farm-aid-minneapolis-hungtingon-bank-stadium" data-vars-content-id="02d7ce31-b826-47cd-8660-cfae3ab1a14b" data-vars-headline="Farm Aid 40 brings all-star music lineup to Minneapolis" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2025/05/13/farm-aid-minneapolis-hungtingon-bank-stadium" target="_self">40th annual Farm Aid concert</a> will rock the Twin Cities on Saturday.Why it matters: The daylong festival at Huntington Bank Stadium brings some of the biggest names in music to Minneapolis to raise money to support small and family farms. <ul><li>It&#x27;s the first time the benefit will be held in the agriculture-heavy state.</li></ul>

Minneapolis' songs of the summer on Spotify

This was the least danceable and lowest-energy summer for music in the last decade.

&quot;<a class="gtmContentClick" data-vars-link-text="Ordinary" data-vars-click-url="https://open.spotify.com/track/6qqrTXSdwiJaq8SO0X2lSe" data-vars-content-id="dbfce286-19e5-451a-a165-6a6a2c93270c" data-vars-headline="Minneapolis&#x27; songs of the summer on Spotify" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://open.spotify.com/track/6qqrTXSdwiJaq8SO0X2lSe" target="_blank">Ordinary</a>&quot; by Alex Warren is <a class="gtmContentClick" data-vars-link-text="Spotify&#x27;s" data-vars-click-url="https://www.axios.com/2025/07/29/spotify-user-numbers-investor-relations" data-vars-content-id="dbfce286-19e5-451a-a165-6a6a2c93270c" data-vars-headline="Minneapolis&#x27; songs of the summer on Spotify" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2025/07/29/spotify-user-numbers-investor-relations" target="_self">Spotify&#x27;s</a> &quot;song of the summer&quot; for Minneapolis.Why it matters: While Labor Day weekend marks the unofficial end of summer, we can keep soaking up the season&#x27;s vibes through the <a class="gtmContentClick" data-vars-link-text="music" data-vars-click-url="https://www.axios.com/local/twin-cities/music" data-vars-content-id="dbfce286-19e5-451a-a165-6a6a2c93270c" data-vars-headline="Minneapolis&#x27; songs of the summer on Spotify" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/music" target="_self">music</a> that defined it.

What to expect from the new North Minneapolis amphitheater

Think Red Rocks… but in North Minneapolis. A new 8,000-seat riverfront amphitheater opens in 2027.

Business

The opening of a North Minneapolis riverfront amphitheater is coming sooner than you might expect, given <a class="gtmContentClick" data-vars-link-text="how long it took" data-vars-click-url="https://www.axios.com/local/twin-cities/2022/11/16/rendering-amphitheater-minneapolis-river-first-avenue" data-vars-content-id="439bfb57-5997-462f-894d-705bb2f16330" data-vars-headline="What to expect from the new North Minneapolis amphitheater" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2022/11/16/rendering-amphitheater-minneapolis-river-first-avenue" target="_self">how long it took</a> to get get a deal done.

Xcel Energy Center to be renamed Grand Casino Arena

It'll be a big change for fans, who have only known the venue as Xcel Energy Center since 2000.

Sports

The Minnesota Wild on Monday announced the <a class="gtmContentClick" data-vars-link-text="new name for their St. Paul arena" data-vars-click-url="https://www.axios.com/local/twin-cities/2025/04/18/goodbye-x-hello-cow-palace" data-vars-content-id="d9c65920-2f0a-49c5-8283-695577022143" data-vars-headline="Xcel Energy Center to be renamed Grand Casino Arena" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2025/04/18/goodbye-x-hello-cow-palace" target="_self">new name for their St. Paul arena</a>: Grand Casino Arena.Why it matters: It&#x27;s a big change for Minnesota sports and music fans, who have only known the venue as <a class="gtmContentClick" data-vars-link-text="Xcel Energy Center" data-vars-click-url="https://www.axios.com/local/twin-cities/2023/11/29/xcel-energy-center-renovation-minnesota-wild-state-funding" data-vars-content-id="d9c65920-2f0a-49c5-8283-695577022143" data-vars-headline="Xcel Energy Center to be renamed Grand Casino Arena" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2023/11/29/xcel-energy-center-renovation-minnesota-wild-state-funding" target="_self">Xcel Energy Center</a> since it opened in 2000.The latest: The &quot;X&quot; branding will be retired on Sept. 3, when a 14-year naming rights deal begins between the Wild and the Mille Lacs Band of Ojibwe, which owns casinos in Mille Lacs and Hinckley. <ul><li>Wild CEO Matt Majka declined to disclose the price Grand Casino paid for the rights. </li></ul>Between the lines: Renaming a sports venue doesn&#x27;t always get full uptake from fans. Already, people on social media are saying they&#x27;ll keep calling it &quot;The X.&quot; What they&#x27;re saying: Majka told Axios that team employees are committed to the new name. <ul><li>&quot;They&#x27;re making a major commitment to us, and so we will always respect the name Grand Casino in all of our communications and our employees are fully aware of that.&quot;</li></ul>Grand Casino CEO Ronda Weizenegger told Axios the naming rights will allow the tribe to tell the story of its rich history and its economic development progress. <ul><li>&quot;This is more than a name change — it&#x27;s a signal of where we&#x27;re headed as a business,&quot; she said in a statement.</li></ul>Context: The naming rights adds to the Mille Lacs Band&#x27;s interests in downtown St. Paul. <a class="gtmContentClick" data-vars-link-text="In 2013" data-vars-click-url="https://www.startribune.com/intercontinental-st-paul-riverfront-hotel-latest-mille-lacs-band-venture/306349981" data-vars-content-id="d9c65920-2f0a-49c5-8283-695577022143" data-vars-headline="Xcel Energy Center to be renamed Grand Casino Arena" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.startribune.com/intercontinental-st-paul-riverfront-hotel-latest-mille-lacs-band-venture/306349981" target="_blank">In 2013</a>, it purchased the InterContinental St. Paul-Riverfront and DoubleTree hotelsZoom in: Crews will replace all signage inside and outside the building to reflect the new branding before the start of the 2025-26 NHL regular season, the team said.What we&#x27;re watching: Officials with the City of St. Paul — which owns the &quot;X&quot; — have joined with the Wild in recent years to <a class="gtmContentClick" data-vars-link-text="ask the state Legislature to help pay for renovations to the arena" data-vars-click-url="https://www.axios.com/local/twin-cities/2025/03/20/st-paul-wild-pitch-xcel-energy-center-makeover" data-vars-content-id="d9c65920-2f0a-49c5-8283-695577022143" data-vars-headline="Xcel Energy Center to be renamed Grand Casino Arena" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/twin-cities/2025/03/20/st-paul-wild-pitch-xcel-energy-center-makeover" target="_self">ask the state Legislature to help pay for renovations to the arena</a>. The project has not received funding.

Farm Aid coming to Minneapolis for first time

Willie Nelson, Neil Young and John Mellencamp, plus Trampled by Turtles, are on the lineup

For the first time in its 40-year history, Farm Aid is coming to Minneapolis and bringing a stacked lineup of musicians. The music, farming and food festival will be held Sept. 20 at Huntington Bank Stadium.

Music

New Shakopee amphitheater brings suites near stage

Twin Cities bands to open Mystic Lake's new venue

Bruce Springsteen makes surprise appearance at Minneapolis' First Avenue

North Minneapolis amphitheater secures financing

Twin Cities' top Spotify hit: "Luther"