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Faribault: Global Reach, Local Focus

How a southern Minnesota town has attracted international investment and welcomed change without losing its roots.

There May Be More to Irwin Jacobs Than You Know

For those who knew and worked with Irwin Jacobs, a high-profile heyday and a tragic end are not how his impact should be measured.

Minnesota Exports Rise 1.5 Percent to $5.4 Billion in Q1

The largest market growth was seen in Europe.

Homebuilding Report Shows Mixed Results in May

Single-family homes are on the downtrend, but multi-family units appear to be on the rise.

Piper Jaffray Sheds Asset Management Business in Two-Fold $60 Million-Plus Sale

The Minneapolis-based investment company is selling part of its Advisory Research Inc. (ARI) division to Tortoise Capital and the rest to ARI executive Matthew Swaim. It will use the funds to focus on its banking platforms.

3M Looks to Tell, Not Sell

At its upcoming PGA Tour stop, 3M hopes to boost the ‘experiential’ factor for guests—and its own brand reputation.

‘Just Time to Let It Go:' A Sea Change in the North Shore

A number of prominent North Shore resorts are changing hands. Why now?

Gary Cunningham to Leave MEDA

He’s taking a new job as president of a Washington, D.C.-based nonprofit focused on addressing inequality.

Dunkin’ Donut’s Hastings Store First of More to Come in Twin Cities

Store owner plans to open 17 stores total in the southeast metro.

Evine Live is Out; ShopHQ Returns

Company also cuts $15 million in “overhead costs,” installs new CFO, and plans Spanish language shopping channel.

Direct-to-Consumer App-Based Warranty Provider Upsie Raises $5 Million

California venture capital firm True Ventures led the round. The capital will go toward building out various aspects of Minneapolis-based Upsie’s operations.

Special Session Adjourns After Minnesota Legislature Passes $48.3 Billion Budget

There will be no general tax increase, and no gas tax hike. But there will be a cut in the income tax rate for middle-income earners while a tax on medical providers will continue.

Burnsville Youth Treatment Center Shutters, Files for Bankruptcy

LifeSpan of Minnesota Inc. filed for Chapter 7 bankruptcy on May 21.

Maple Grove IT Startup Nets More Than $9 Million

Firm aims to use funds to develop IT management platform

No Further Review Needed for PolyMet Mine, Appeals Court Says

Judges dismiss advocates’ concerns as ‘too speculative’

Former Minneapolis Police Chief Janeé Harteau Named CEO of Vitals Aware Services

Harteau, who resigned from the force after a fatal police shooting in 2017, will guide Vitals Aware’s national rollout of its first responder-focused app. Additionally, she and TriTech Software Systems’ founder Chris Maloney will join the company’s board of directors.

Saint Paul Port Authority eyes redevelopment of Hillcrest Golf Club site

Once developed into an industrial hub, the site could generate 1,000 new jobs

New Harvest Foods forms from two Minnesota produce companies

Edina-based The Dragonfly Group controls the new entity.

A Better-Than-Expected Buy

Best Buy posts quarterly net earnings of $265 million, up from $208 million last year.

DEED Names Greater Minnesota Native as Director of Workforce Development Arm

Lorrie Janatopoulos will head CareerForce, a team that helps job seekers find employment.

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