Target Purchases Same-day Delivery Platform Shipt for $550M
Target Purchases Same-day Delivery Platform Shipt for $550M

The service will cost $99 a year for unlimited deliveries on orders over $35. It works via a network of contracted shoppers who use an app to fulfill orders and deliver them to customers using their own cars.

St. Paul City Council Passes $563M Budget
St. Paul City Council Passes $563M Budget

The budget is the second since the state Supreme Court tossed out a key source of revenue for the city — and the first to deal with the full brunt of that ruling.

Davis Brothers Selling Sun Country Airlines to New York Investment Group
Davis Brothers Selling Sun Country Airlines to New York Investment Group

Apollo Global Management, which has never owned an airline in its nearly three decades of operation, will be acquiring Sun Country for an undisclosed sum.

Gander Outdoors Opens New Location in Lakeville, Initiating Rebrand
Gander Outdoors Opens New Location in Lakeville, Initiating Rebrand

Gander Outdoors still promises to service the hunting and shooting markets, but also seems to position its brand in a way that would make it more directly competitive with companies like REI or Cabela’s.

MN Rep. Paulsen Introduces Bill to Suspend Medical Device Tax Until 2022
MN Rep. Paulsen Introduces Bill to Suspend Medical Device Tax Until 2022

If the bill were passed with its current language, medical device companies—many of which call Minnesota home—will avoid the 2.3 excise tax until December 31, 2022.

Mayo Clinic Signs 20-Year Contract with Laundry Service Co. it Once Owned
Mayo Clinic Signs 20-Year Contract with Laundry Service Co. it Once Owned

The deal came as Rochester laundry was purchased by Wisconsin company.

High Deductible Plans Do Little to Trim Use of Low-Value Care

Study suggests patients influenced more by providers than potential out-of-pocket costs.

3M Sells Optical Fiber, Copper Passive Connectivity Business to Corning for $900M
3M Sells Optical Fiber, Copper Passive Connectivity Business to Corning for $900M

The 3M division, which had annual global sales of about $400 million, includes a 500-member staff.

Study Ranks Nicollet Ave Among Most Expensive Streets in U.S. for Commercial Real Estate
Study Ranks Nicollet Ave Among Most Expensive Streets in U.S. for Commercial Real Estate

Nicollet Avenue came in 28th on JLL’s 2017 “Most Expensive Streets,” placing it ahead of Sacramento’s Capitol Mall.