Target Corp. shares rose on Friday after the Financial Times reported that an activist investor built up a stake in Minneapolis-based the big-box retailer, citing people it didn’t identify.

Toms Capital Investment Management, of New York, has made a significant investment in Target, the FT said, without disclosing further details.

Target shares jumped as much as 6.7% on Friday before settling at $99.55, a rise of 3%. The stock is headed for an annual decline of about 25% following a difficult year in which the company lost market share and sales slumped.

In response to a request for comment, Target said it maintains “regular dialogue with the investment community” and its top priority is “getting back to growth.”

The company said its plan to improve its merchandise, shopping experience and technology “will drive the business forward and deliver sustained, long-term value for shareholders.”

A representative for Toms Capital couldn’t be reached for comment.

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The puck dropped on the 2026 International Ice Hockey Federation World U20 Junior Championship on Friday when Sweden met Slovakia and the U.S. faced off against Germany at Grand Casino Arena. It’s the first time in more than 40 years that the event has been held in the Twin Cities.

The 10-team field is divided into two groups of five. Every team plays every other team in its group once in round-robin play. The top four teams from each group advance to single-elimination bracket play. The gold medal game is scheduled for 7:30 p.m. on Monday, Jan. 5, at Grand Casino Arena.

GROUP A

United States

About the team: The U.S. has won back-to-back golds, and three of the past five (2021, 2024, 2025), but is projected by some international hockey experts to miss the medals altogether this year.

Player to Watch: Defenseman Cole Hutson has been sensational in international play; a year ago, he had three goals and eight assists in seven games. This season, he has seven goals and 20 points in 18 games this year for Boston University. The blue line also will lean on Ottawa draft pick Logan Hensler, New York Rangers pick E.J. Emery and Buffalo pick Adam Kleber. … Up front, James Hagens (Boston College, Bruins pick); Max Plante (Minnesota Duluth, Detroit pick); Ryker Lee (Notre Dame, Nashville); Cole Eiserman (Boston U., Islanders), Brodie Ziemer (Minnesota, Buffalo) and Will Horcoff (Michigan, Pittsburgh) are among a deep group of forwards. At goaltender, Notre Dame’s Nick Kempf is expected to get that nod ahead of Caleb Heil (of the USHL’s Madison Capitols) and Brady Knowling, a 17-year-old who plays for the U.S. National Team Development Program and is among the top goalie prospects for the 2026 Draft.

Germany

About the team: This is the seventh consecutive year the Germans will play in the WJC, and avoiding relegation is again a primary goal. It finished ninth last year, avoiding relegation by coming from behind to beat Kazakhstan.

Players to Watch: Forward Maxim Schafer. The 2025 third-round pick of the Washington Capitals is a good skater with deceptive speed for his size (6-4, 190). Schafer can score, too, with 12 goals and 23 points so far this season in the Quebec Maritimes Junior Hockey League. … Goalie Linus He has five years of international experience for Team Germany and currently plays for the Spokane Chiefs in the WHL, where he is 9-6-0, with a 3.15 GAA and .890 save percentage. … The Germans have two drafted forwards playing major juniors in Canada this year. Schaefer and David Lewandowski (Edmonton Oilers). Lewandowski is one of Germany’s top playmakers; he has 24 assists and 32 points in 28 games for the Saskatoon Blades this winter. Max Penkin, a rare 16-year-old playing in the WJC, has already played more than a dozen games in Germany’s top pro league. He’s a prospect for the 2027 NHL Draft.

Slovakia

About the team: Slovakia reached the quarterfinals last year, and put up a fight, but it ran into a tough Finland team right off the bat and fell 5-3.

Players to Watch: Goalie Michal Pradel was selected by Detroit in the third round, 75th overall, of last summer’s NHL Draft. The only Slovakian goalie chosen earlier in a draft was in 2023, when the. Chicago Blackhawks took current Minnesota Duluth goalie Adam Gajan with the No. 35 overall selection. … Defenseman Luka Radivojevic, a freshman at Boston College, was born in Edina when his father, Branko, played for the Wild. Luka is a right-shot with nine points in 16 games at B.C. … Patrik Rusznyak (6-4, 200) adds size to the defensive corps, as does WJC rookie Adam Goljer (6-3, 195), who is projected by some outlets as an early- or mid-round pick in next summer’s NHL Draft.  … Los Angeles Kings draft pick Jan Chovan and Detroit Red Wings pick Michal Svrcek are Slovakia’s only drafted forwards.

Sweden

About the team: It’s been 14 years since the Swedes have won gold at the WJC and they’re tired of hearing about it. “I think we had (winning gold) in our minds before we went to Canada” for pre-tournament games, captain Jack Berglund said after a 7-3 win over Switzerland in Rochester on Dec. 23. Berglund is a “glue” guy on a team with 17 NHL Draft picks.

Players to Watch: Forward Ivar Stenberg is widely projected to be a top-three pick in the 2026 NHL Draft. At 18, he’s already a point-per-game player in Sweden’s top professional league with 24 points in 25 games for Frolunda HC. … Viggo Bjorck is also expected to be a first-round pick, joining teammates Victor Eklund (No. 16 overall, 2025, N.Y. Islanders) and Anton Frondell (No. 3, 2025, Chicago). Frondell could be the best forward in the tournament, though Stenberg and Canada’s Gavin McKenna will have something to say about that.

Czechia

About the team: Czechia’s U20 program has won the bronze medal the past two years, beating a strong Sweden team last year for bronze after winning silver in 2023.

Players to Watch: Defenseman Adam Jiricek has been dominant in major junior hockey, with 10 goals and 29 points in 25 games for the Brantford Bulldogs of the OHL. Drafted 16th overall by St. Louis in 2024, he is the brother of Wild defenseman David Jiricek. … Center Adam Benak was a fourth-round pick by the Wild and has 15 goals and 43 points in 26 games in the OHL. He could be Czechia’s go-to playmaker. … Buffalo Sabres first-round pick Radim Mrtka (6-6, 215) has the ability to make a big hit, shut down plays with his size and reach, and produce offense from the blue line. He has 16 points in 14 games for Seattle of the WHL this year.

GROUP B

Canada

About the team: Two consecutive quarterfinal losses haven’t sat well with Canadian hockey fans, players or executives, particularly last year’s, which occurred in Canada. The good news: This team is loaded.

Players to Watch: Porter Martone, 19, has 20 points in 20 games for third-ranked Michigan State. The 6-3, 209-pound winger was drafted sixth overall by Philadelphia … Gavin McKenna is the potential No. 1 pick in the 2026 Draft, and Michael Misa has three points in seven games with … the San Jose Sharks. Canada also has Montreal prospect Michael Hage up front. … Defenseman Keaton Verhoeff, a freshman at the University of North Dakota, also is a possible top overall pick next summer, Carson Carels could also be top-10 pick next summer. However, Zayne Parekh (Calgary) and Harrison Brunicke (Pittsburgh), will lead the blue line; they’re on loan from NHL teams Calgary and Pittsburgh, respectively. … Canada also has the best 1-2 goalie punch in the WJC: Carter George (Los Angeles) and Jack Ivankovic (Nashville). George posted a 1.76 GAA and .936 save percentage in four games in last year’s WJC.

Switzerland

About the team: Switzerland’s clear strengths are goaltending and a blue line that features three NHL picks. The Swiss held Minnesota State, Mankato, to just 15 shots on goal in a 1-1 tie in a pre-tournament game on Dec. 16, then held Denmark to just six five days later.

Players to Watch: One of a small handful of 2009-born players in the WJC this year, forward Jonah Neuenschwander.  Neuenschwander (6-3, 183) is being projected as a first-round NHL Draft pick in 2027. … A pair of drafted goalies will again share the net: Christian Kirsch, San Jose’s 2024 fourth-round pick, and Elijah Neuenschwander, Anaheim’s 2025 fourth-round pick.

Denmark

About the team: The Danes haven’t been in this tournament in six years and their best hope for success in the Twin Cities is to avoid relegation. Denmark struggled in their two exhibition games, a 6-1 setback against Switzerland and 13-2 loss to Canada.

Players to Watch: Mads Kongsbak Klyvo is the Danes’ lone NHL Draft pick, The 6-2, 195-pound forward struggled to show his skills in a pair of pre-tournament games because opposing defenses were able to key on him … Markus Jakobsen is Denmark’s most offensively gifted player on the back end.

Finland

About the team: Finland won the silver medal last year, but in heartbreaking fashion. The Finns led the U.S. 3-1 halfway through the gold medal game, but the U.S. scored twice late in the second period to tie it, then won it on a Teddy Stiga goal in overtime.

Players to Watch: Goalie Petteri Rimpinen might be the best goalie in the tournament. He backstopped the Finns to the gold medal game last year, going 5-2-0 with a 2.34 GAA and .933 Save%. He is a fifth-round pick of the Los Angeles Kings. … Up front, a name that will jump out to fans in Minnesota immediately is Aatos Koivu, the nephew of former Minnesota Wild star Mikko Koivu and son of Saku Koivu can play center or wing. A 2024 third-round pick of the Montreal Canadiens, he has seven points through 30 games in Finland’s top pro league this season. … Wild draft pick Aron Kiviharju (fourth round, 2024) is expected to quarterback his team’s power play and excels at getting the puck out of the defensive zone quickly and accurately.

Latvia

About the team: The Latvians pulled off the upset of the tournament a year ago, beating Canada in a shootout. It marked the first-ever win for Latvia against Canada in U20 play.

Players to Watch: Defenseman Darels Uljanskis, the 2024 seventh-round pick of the Anaheim Ducks, could be Latvia’s MVP, could play as much as 30 minutes a game and has considerable international experience. This will be his second WJC appearance after serving as Latvia’s alternate captain in the 2024 U18 World Championship. … Harijs Cjunskis and Alberts Smits help solidify a strong Latvian blue line; Smits (6-3, 205) is expected to be a first-round pick in the 2026 NHL Draft. … With 6-6 Roberts Naudins (a 2027 NHL Draft prospect) and and 6-4 Kristors Ansons, Latvia has some size up front, as well. Naudins is committed to Harvard and plays at Shattuck St. Mary’s in Faribault, where he has 42 points in 26 games.

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Gov. Tim Walz has ordered flags to be flown at half-staff on Monday, the day of the funeral for a man who recently became a St. Paul firefighter.

Timothy Bertz, 52, graduated from the St. Paul Fire Department academy on Dec. 17, worked at the training facility on Dec. 19, and had a sudden and major medical event at home on Saturday, Dec. 20, according to the fire department.

Bertz, of Rush City, died at the hospital Monday.

“He was tough not only physically but mentally,” his family wrote in his obituary. “He had an all-in attitude. If he committed to do something, he did with such determination and tenacity.”

After joining the Navy to be a firefighter, “he got sidetracked with what the Navy saw in him and went through the process of becoming a Navy Seal,” the obituary continued.

He’d been a paid-on-call firefighter at the Harris Fire Department in Chisago County, Minn., for the past three years, and later became a duty crew member with  the Lino Lakes Fire Department. It was his dream to become a St. Paul firefighter.

“Firefighter Bertz exemplified selflessness and courage in life, including choosing to donate his organs so that others may live, a final testament to his dedication to service,” Walz wrote in a Friday proclamation ordering flags to fly at half-staff at state buildings Monday.

A public vigil is being held tonight at 6 p.m. at the Harris Fire Department, 43525 Gladstone Ave., followed by a time of gathering at 7 p.m.

A memorial service will be held at noon Monday at Maranatha Church, 24799 Forest Blvd. in Forest Lake, with a gathering one hour prior to the service at the church. Private interment will be at Fort Snelling National Cemetery.

His family prefers, in lieu of flowers, memorials to the St. Paul Fire Foundation.

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By JESSE BEDAYN, Associated Press

A federal judge this week canceled the trial of Kilmar Abrego Garcia, the Salvadoran man who was mistakenly deported, and scheduled a hearing on whether the prosecution is being vindictive in pursuing a human smuggling case against him.

Abrego Garcia has become a centerpiece of the debate over immigration after the Trump administration deported him in March to a notorious prison in El Salvador. Facing mounting public pressure and a court order, the Trump administration brought him back to the U.S. in June, but only after issuing an arrest warrant on human smuggling charges in Tennessee.

Abrego Garcia has denied the allegations, and argued that prosecutors are vindictively and selectively targeting him. Judge Waverly D. Crenshaw, Jr. wrote in Tuesday’s order that Abrego Garcia had enough evidence to hold a hearing on the topic, which Crenshaw scheduled for Jan. 28.

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At that hearing, prosecutors will have to explain their reasoning for charging Abrego Garcia, Crenshaw wrote, and if they fail in that, the charges could be dismissed.

When Abrego Garcia was pulled over in 2022, there were nine passengers in the car, and the officers discussed among themselves their suspicions of smuggling. However, Abrego Garcia was eventually allowed to continue driving with only a warning.

A Department of Homeland Security agent previously testified that he did not begin investigating the traffic stop until after the U.S. Supreme Court said in April that the Trump administration had to work to bring Abrego Garcia from El Salvador, where he was deported.

Years earlier, Abrego Garcia had been granted protection from deportation to his home country after a judge found he faced danger there from a gang that targeted his family. That order allowed Abrego Garcia, who has an American wife and child, to live and work in the U.S. under Immigration and Customs Enforcement supervision.

Members of President Donald Trump’s administration have accused Abrego Garcia of being a member of the MS-13 gang, but he has vehemently denied the accusations and has no criminal record.

Abrego Garcia’s defense attorney and the U.S. attorney’s office in Nashville did not immediately respond to requests for comment.