Businesses Appear Skittish in PPP’s Second Round

The first wave of Paycheck Protection Program funding ran out in a few days, but there’s still money left in the second round. Many companies have lingering questions about loan forgiveness.

Medtronic Sales Slide 26 Percent in Q4

CEO says that the company’s financial position “remains strong.”

Speech-Language Pathologist Used Furlough to Launch Wellness Startup

Alison Weinlaeder launched Cardiomelon, a St. Paul-based fitness subscription platform that pairs cognitive and physical exercises, in April as a way to help herself and her former patients.

As Digital Sales Soar, Target Rolls Out Instagram Shopping

The company says it’s the first mass retailer to place its products on Instagram Checkout.

Virtual Events to Keep You Plugged In

Digital webinars, conferences, meetings, and more to keep you learning and networking while stuck at home.

Minnesota State Fair Is Off

In a statement, general manager Jerry Hammer said canceling the fair is “the right thing to do.”

Megamall Falling Behind on Mega-Mortgage

Mall of America owners look to modify loan amid Covid-19 crunch.

‘Rug Pulled Out from Under Us:’ Gym Owners Face Uncertain Future

Many gym owners in Minnesota were expecting to reopen on June 1. Now, it’s not clear when they’ll be permitted to resume operations.

Best Buy’s Earnings, Revenue Slide in Q1

Even with online sales up, the company’s revenue fell in the quarter.

Minneapolis Regional Chamber, TwinWest Chamber of Commerce to Merge

The consolidation was discussed pre-pandemic, but the current situation propelled the process.

Minnesota Unemployment Rate Hits 8.1 Percent

More than 695,000 Minnesotans have applied for unemployment insurance since mid-March.

Target Sees Digital Sales Up 141 Percent

Sales were up strongly, but profits drop for first quarter.

Edina’s Galleria No Longer For Sale Amid Pandemic

Retail property sales dropped 84 percent across U.S. in April.

Izzy’s Minneapolis Building for Sale

Following the permanent closure of the St. Paul location, Izzy’s Ice Cream looks for a more affordable headquarters.

Bars, Restaurants Get Green Light to Open for Outdoor Dining on June 1

Gyms and fitness centers will still remain closed.

Dorsey Law Firm Cuts Pay and Jobs

Responding to the coronavirus pandemic, the prestigious law firm reduces expenses to match a tough economic environment.

Warren Buffett Unloads a Little U.S. Bank Stock

The sale represents just a fraction of his holdings in Minneapolis bank.

Twin Cities United Way Raises $4.5M for Covid-19 Relief

The organization has been raising funds for pandemic relief since March.

Target Extends Pay Increase, Benefits Through July

The retailer says it will continue providing increased benefits for frontline workers.

When the Cookie Business Crumbled, This Entrepreneur Helped Frontline Workers

Minneapolis-based Thumbs Cookies organized an effort that has provided snacks to more than 10,000 health care workers on the frontlines of the Covid-19 crisis. It's also keeping small food producers in business.

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