News

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With Kraft Heinz-Unilever Merger Quashed, Could General Mills Be Acquired?

The food industry has been in a consolidation phase over the past several years and some experts believe General Mills may be up for grabs.

February 21, 2017

Store Closures Cost Macy's $230M In Q4

The department store chain is closing its Nicollet Mall location this spring.

February 21, 2017

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Minnesota Loses 300 Farms In 2016

Data compiled by the USDA found fewer farms in Minnesota last year, but the size of the average farm grew by one acre.

February 21, 2017

Padron Watches

Kickstarting Innovation: How Padron Watch Co. Is Bringing New Ideas To Old-Fashioned Industry

To date, the Minneapolis-based watchmaking company has raised well over $330,000 from thousands of backers through Kickstarter.

February 17, 2017

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Gander Mountain Addresses Bankruptcy Rumors

The retailer said it is taking a “best-practices approach to review [its] strategic options specific to positioning the company for long-term success.”

February 16, 2017

Red Wing

Red Wing On Cusp Of Winning Small Town Revitalization Competition

If the southeastern Minnesota city wins, it gets a half-million dollars and will host the next season of Deluxe Corp.’s “Small Business Revolution” series.

February 16, 2017

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Prime Therapeutics To Build New Eagan HQ

The pharmacy benefits manager opted to remain in Eagan and have a new facility constructed over moving its operations to a new city in the state.

February 16, 2017

Nurse Strike Cost Allina Nearly $150M

The amount is 50 percent higher than previously predicted.

February 15, 2017

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These MN Medical Companies Paid The Most Money To Doctors, Hospitals

The Mayo Clinic was the state’s top earning health institution, taking in nearly $10.8 million from medical device makers and others in the field.

February 15, 2017

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States Make Progress Expanding Coverage Of Telemedicine Services

Minnesota records an A and a B on latest state telemedicine report cards.

February 15, 2017

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U Of M Commercialization Grants Target Microbiome Test, Sleep Disorders, Epilepsy

Five life sciences research projects nearing market stage land MN-REACH funding.

February 15, 2017

Mayo-U Of M Research On Assessing Anticancer Drug Effectiveness Advances

Patent application filed on antibody used for individualized cancer treatments.

February 15, 2017

Millennials Anxious About Health Insurance

Blue Cross surveys understanding of health plans.

February 15, 2017

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The Tile Shop’s Annual Revenue Jumps 10 Percent In 2016

Nevertheless, value of the retailer’s stock dropped 10 percent after its quarterly profits did match up to analyst expectations.

February 14, 2017

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Delta Offers Deal For 32 Percent Stake In Mexico’s Largest Carrier

The offer is said to be worth $590 million. If approved, Delta would have the option to ultimately own 49 percent of Aeroméxico.

February 13, 2017

Deluxe To Buy RDM Corp. For $70M

The Shoreview-based check printing and marketing company plans to buy all RDM common stock at a 14 percent premium.

February 13, 2017

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Gander Mountain To Seek Bankruptcy Protection, Sources Say

A rapid expansion phase and lack of customer interest is said to have pushed the outdoors retailer into financial trouble.

February 13, 2017

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Why Strict Limits On Immigration Could Seriously Damage Minnesota’s Economy

While the national political climate has grown hostile to immigrants, Minnesota needs them more than ever, says a U of M study.

February 09, 2017

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Best Buy To Remove Oculus Rift Demo Stations From 200 Stores

The rollback is due to “store performance” issues, according to an internal memo sent to affected employees.

February 09, 2017

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DMC Board Approves $38M Mixed-Use Development For Discovery Square

Groundbreaking of the Discovery Square sub-district in Rochester is expected to take place in the fourth quarter of 2017.

February 09, 2017

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