Daily Digest: Mayor Breed's budget; Billionaire boosts S.F. retail

Meanwhile, Wells Fargo’s former head of retail banking has agreed to pay $3 million to settle an SEC case over misleading investors about a key metric the lender used to gauge success.
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Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.