Industries

Polaris 800 PRO-RMK LE

Polaris Is Trailblazing Again, This Time Overseas

What began as a snowmobile maker is now the number one powersports company in the United States—and speeding toward becoming a global small-vehicle manufacturer.

by Gene Rebeck

Target store

Target Cuts Outlook as Profits Fall 29%

The retailer said first-quarter profits were dragged down by soft sales in weather-sensitive categories, and it cut its full-year earnings outlook.

6 Ways to Attract Financing

Six Ways to Attract Financing

Whether it’s bank loans or equity financing you’re after, pay attention to the fundamentals.

Minneapolis Cherry

Mpls. Ranked No. 1 Place for Families to Live in U.S.

Based on the region’s high-performing school districts and low-priced real estate, ZipRealty named the Minneapolis area as the best place to raise a family in the nation.

MOA Lands $250M Tax Break to Kick-Start Expansion


The $1.5 billion, long-dormant project would reportedly double the size of the already massive Bloomington mall.

Acquisition

Multiband to Be Taken Private in $116M Deal

Shares of Multiband Corporation’s stock jumped 25 percent on news that Goodman Networks will acquire it.

PR Firm Weber Shandwick Cuts Staff at Local Office by 6%

The PR firm’s local office made the cuts because revenue projections are “modestly less” than it previously anticipated.

Medtronic Cutting 2,000 Jobs, 500 in MN

Medical device manufacturer Medtronic has cut about 65 percent of the 2,000 positions it intends to eliminate and beat it’s fourth-quarter earnings expectations.

3 Firms Bid on Vikes Stadium Parking; Stakes High for Ryan

Three local real estate developers submitted proposals to develop parking facilities near the new Vikings stadium development; stakes are high for Ryan Companies, which must win the contract in order to begin a planned $400 million redevelopment project involving a five-block area surrounding the stadium site.

Handshake

Local Health IT Firm Healthland Acquires Software Co.

Healthland, which provides health care IT solutions for rural hospitals and their affiliated care facilities, has acquired American HealthTech, which serves post-acute facilities.

Best Buy store

Best Buy Swings to Loss on Restructuring Costs

The retailer’s first-quarter net loss totaled $81 million, and its revenue declined nearly 10 percent; cost-cutting initiatives and the shift in the timing of Super Bowl-related sales both contributed to the declines.

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