Impending Closure of St. Cloud Electrolux Plant to Impact Over 300 Jobs Held by Disabled Workers

Approximately 312 disabled Electrolux employees are expected to lose their jobs when the appliance manufacturer’s factory closes at the end of the year.

Toro Acquires Charles Machine Works, Maker of Ditch Witch, in $700M Cash Deal

The deal, ranking among Toro’s largest, adds new brands to its portfolio and deepens its stake in the underground construction market.

Former Ashby Farmers Grain Elevator Manager Pleads Guilty to 15-Year, $5.3M Scheme

The charges were brought against Jerome Robert Hennessey after an investigation found he’d committed mail fraud and tax evasion while working at the Ashby Farmers Co-Operative Elevator Company.

AT&T’s Industry-First 5G Network Coming to Twin Cities This Year

The phone company’s new 5G network and hot spot offering features data speeds of 200-300 megabits per second. Tech companies are especially expected to benefit, as 5G rolls out in Minneapolis, Chicago, and other select cities in 2019.

Minnesota Bankers Define Terms for Growth in 2019

Despite concerns over trade and weakness in the agriculture sector, Minnesota bankers expect to see the state’s economy continue to grow this year.

Office Envy: Lola Red PR

The public relations agency's new HQ is a shining star in the Warehouse District—literally.

How Popular is Amy Klobuchar in Minnesota’s Trump Country?

Part of Klobuchar’s case to win the Democratic nomination for president is her ability to appeal to Trump voters. How strong is that ability?

Target Retains Crown as Top Employer in Minneapolis

An annual report by the Minneapolis Downtown Council revealed that amid a population hike, top employers in the city relatively consistent, though some glaring changes from 2017 did occur.

McGough Underway on 402-Unit Apartment Project Near Mall of America

The Fenley is the latest project at the Bloomington Central Station site.

Minnesota’s Solar Workforce Has More Than Doubled Since 2015

A survey conducted by nonprofit organization The Solar Foundation found Minnesota’s solar job total has increased from 1,995 in 2015 to 4,602 in 2018, making it 15th in the nation for solar workforce size.

Latest Fight Over Controversial Landlord’s Minneapolis Properties Puts Spotlight on Housing Court

Del Campo Chacon’s eviction fight — part of a larger struggle among a group of families living in five Frenz properties on the same block — is a new chapter in a long story, one that includes allegations of fraud, unsanitary conditions, rent strikes and city intervention.

Mayo Clinic Startup Phenomix Sciences Initiates $1M Seed Funding Round

The startup focuses on personalizing chronic disease treatment, and will use the investment money to commercialize a new blood-based test for obesity types in 2019.

Coming Soon: Mall of America Introducing Ice Skating Rink Outside North Entrance

The 12,000-square-foot “Skate the Star” rink will be built around the entrance’s star sculpture. Rink use will be free, while a skate rental fee will benefit the Boys & Girls Clubs of the Twin Cities.

Orange Line Project Secures $74M Federal Grant

The project will improve roads, stations and service all along the I-35 corridor from Minneapolis to Burnsville.

Book Review: "Lab Rats: How Silicon Valley Made Work Miserable for the Rest of Us"

Author Lyons says, in many ways, that chaos, brain-altering, and new ways of working are not working and that it’s time to step back. CEOs who’ve come around to that same conclusion may be ready to see what’s inside this book.

Friends and Family Are Not Your Target Customer

Don’t mistake constructive criticism from loved ones for brand feedback. Your start-up needs a persona. Here’s how to develop one on a shoestring budget.

Minneapolis-Based Lerner Publishing Group Acquires Zest Books

Zest Books, headquartered in San Francisco, specializes in young adult nonfiction, and the deal – for which a value was not disclosed – bolsters Lerner’s reach in the market, starting with 10 new titles in 2019.

Ad Agency Periscope Agrees to $132M Sale to Quad/Graphics

Periscope ranks as the second-largest ad firm in Minnesota by both revenue and employee count.

Twin Cities Shoppers Will Spend More Online This Holiday Season

Holiday sales are expected to surpass $1.1 trillion, Deloitte says. But Minneapolis-St.Paul area shoppers are more frugal than most and likely to spend as much on experiences as gifts this year.

DEED Awards $1.5M in Grants to Six Businesses For Job-Creating Growth Projects

The six businesses are expected to collectively add 381 job opportunities and invest more than $48 million into Minnesota’s economy.

Fairview’s New Service Brings Behavioral Health Specialists into Your Workplace

Fairview’s new Behavioral Health & Well-Being program, the first of its kind at least in the Twin Cities area, boasts more direct access for employees in need to professionals, all while cutting costs long-term.

10 Essential Lessons Learned by a First Time Entrepreneur

A founder reflects on the most pivotal year of her personal and professional life. 

Prime Therapeutics CEO Jim DuCharme is Retiring

The Eagan-based pharmacy benefit manager hopes to have a successor picked before DuCharme’s exit in March 2019.

Will Minnesota Lawmakers Pass an Opioid Bill in 2019? Some Say It’s Practically a ‘Done Deal’

DFL Rep. Chris Eaton said she expects some kind of dedicated funding measure to pass early in the 2019 legislative session.

Acquisition of Pearson Candy Company Returns Ownership to Minnesota

After seven years under Connecticut-based private equity firm Brynwood Partners, the St. Paul candy business known for the Salted Nut Roll expects to benefit from Minneapolis-based Spell Capital’s familiarity with the region and company.

With Federal Approval, What’s Next for the Southwest LRT?

Here’s what the latest developments mean for the $2 billion project — and what has to happen in the next weeks, months and years for the line between Minneapolis and Eden Prairie to actually start serving passengers.

Granicus Acquires Records Management Co. SouthTech

The move boosts Granicus technology solutions. SouthTech staff will not be impacted by the acquisition, remaining in place under Granicus, but no other details – including purchase price – were disclosed.

E-Commerce Payment Solutions Provider Sezzle Raises $100M

The financing came entirely from Bastion Capital and will go toward growing the Minneapolis-based company’s retail payments business.

Ben & Jerry’s Teams with Local Nonprofit on Mission-Driven Flavor “Pecan Resist”

The limited-run flavor was launched recently as part of a campaign to lend publicity and financial support to four justice-based organizations, including Minnesota’s Honor the Earth, which is battling the Enbridge pipeline.

Food Giant Schwan’s Sells 80 Percent of Business to Korean Company in $1.8B Deal

In the deal with South Korea-based food and bioengineering business CJ CheilJedang, the Bloomington-based, family-founded Schwan’s will retain 20 % ownership, full ownership of its home service division, and headquarters and leadership team.

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