News

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Black Friday, Small Business Saturday Provide Big Boost To MN Retailers

The Mall of America recorded its highest single-day traffic draw in its 24-year history, while big box and local retailers throughout Minnesota reported strong sales increases.

November 28, 2016

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How Minnesota Businesses Make Thanksgiving Possible

From being the top turkey producing state to housing the companies that supply and distribute most of what’s on the table, Minnesota plays a large part in the Thanksgiving process.

November 23, 2016

ACA Employer Penalties Could Reach $31 Billion this Year

Report says reporting requirements may trip up otherwise compliant businesses.

November 23, 2016

Monteris Medical Lands $6.8 Million in New Financing

Medtech company tapped new CEO in July.

November 23, 2016

Sunshine Heart Granted Time To Regain NASDAQ Compliance

Stock trading under $1 per share since July.

November 23, 2016

Mayo Spinoff HB Healthcare Safety Lands $200K Rochester City Subsidy

Provides web-based tool to help hospitals reduce ‘adverse events.'

November 23, 2016

Mayo Researchers Score Another Neurodegenerative Disease Patent

Jacksonville team’s latest describes drug treatment for frontotemporal dementia.

November 23, 2016

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How Robots Are Changing Minnesota's Workforce

Atlas Manufacturing is just one of a growing number of places in Minnesota and across the country where automation is quickly and radically transforming the labor market.

November 23, 2016

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Medtronic Sales Underperform In Q2, Sending Stock To 9-Month Low

Sales of drug-eluting stents, insulin pumps and other products didn’t grow at the pace Medtronic expected, sending the company’s revenue below its own expectations.

November 22, 2016

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Boston Scientific Closes $210M Deal For EndoChoice

The medical devices manufacturer previously said it would detail its integration plan for EndoChoice’s product line, but elected to push back that announcement to the end of the year.

November 22, 2016

Fantasy Sports Startup SportsHub Technologies Announces Two Acquisitions

The two deals now bring the sports technology company’s annual acquisition total up to four.

November 21, 2016

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Rochester Startup Envirolastech To Open First Production Facility

The company uses a unique thermoplastic (made from recycled garbage) to manufacture building materials.

November 21, 2016

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Report: Minnesota Cities Lead Nation As ‘Best Places For Working Women’

Rochester earned the top spot for narrowing the pay gap between men and women and maintaining a low unemployment rate among its women residents.

November 21, 2016

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Land O’Lakes Breaks Ground On $80M HQ Expansion

The food co-op hopes the open design spaces within its new facility will help improve collaboration between its different businesses.

November 17, 2016

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Best Buy Stock Skyrockets To Highest Point In 6.5 Years Following Q3 Report

Online sales rose 24 percent year-over-year and helped push Best Buy’s profit in the third quarter up 55 percent.

November 17, 2016

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Give To The Max Day Overloads GiveMN's Website

Nonprofits and donors are frustrated by another year of problems on the state's largest day of online charitable giving.

November 17, 2016

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DEED Commissioner Calls 12,500 Jobs Lost In October ‘A Disappointment’

Minnesota has struggled to create jobs since the start of summer. Meanwhile, the nation is catching up to the state’s long-held unemployment rate lead.

November 17, 2016

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Target Raises Outlook For Holiday Season Following Better-Than-Expected Q3

Foot traffic fell 1.2 percent for the retailer, although CEO Brian Cornell called the result a “meaningful improvement.”

November 16, 2016

Recombinetics Raises $11M In Oversubscribed Investment Round

The gene-editing company also signed Capitol Peak Asset Management to be its advisor on all future capitalization and strategic transactions.

November 16, 2016

Nurse Strikes Cost Allina $105M

The health system brought in about 1,200 replacement nurses during the two strikes this summer and fall.

November 16, 2016

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