Economic Development

Possible hurdle for Medtronic-Covidien deal: Congress

The $43 billion deal Medtronic announced late Sunday to acquire Ireland-based competitor Covidien – and save the newly merged company a bundle on U.S. taxes – is not yet a done deal. One possible...

June 17, 2014

M&A

Mpls’ Verisae Buys East Coast Software Firm

Verisae said that, by combining the two companies, it will be able to expand its capabilities in workforce management.

June 11, 2014

Loose-Wiles Building

Mpls' North Loop Attracts More Office Tenants

The Loose-Wiles Building quickly went from vacant to 94 percent full in Minneapolis’ fast-growing North Loop neighborhood.

June 10, 2014

Steele Fitness store in Edina

Steele Aims To Compete With Life Time, Double Footprint

Steele Fitness is further expanding its gym membership program and plans for five to seven new gym locations by the end of the year.

June 10, 2014

Lots of pushback on Super Bowl bid details

The NFL’s long and expensive list of demands tied to Minneapolis’ bid to host the Super Bowl in 2018  has raised many eyebrows and cast some of the major players in an unflattering...

June 09, 2014

Famous Dave’s Chairman Abruptly Resigns Amid Turnover

Dean Riesen left the company on Friday after serving as a board director since 2003 and chairman since 2011.

June 09, 2014

Medtronic headquarters

Report: Possible Deal May Lead Medtronic To Move Legal HQ

Although Bloomberg reported that the potential deal is still in its early stages, if the acquisition occurs, it could result in Medtronic relocating its legal headquarters to London.

June 05, 2014

Wayzata Private Equity Firm Sells Manufacturing Co.

Wayzata Investment Partners has completed the sale of Grede Holdings to New York-based private equity firm American Securities.

June 03, 2014

Graves 601 Hotel

Graves Hotel In Downtown Minneapolis Is Sold

Graves 601 will officially change hands this summer when Graves Hospitality sells the 21-floor hotel for an undisclosed sum.

May 29, 2014

Biz Filings Rise In Twin Cities, Fall In Some Other MN Regions

A new report that examined economic conditions in six Minnesota regions found that 10,406 new business filings during the first quarter helped improve the Twin Cities' economic outlook.

May 27, 2014

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