The Reveal LINQ's smaller size is being touted as a breakthrough.
The Eden Prairie-based 3D printer said the products of its recently acquired company, MakerBot, helped drive its quarterly success.
The largest private company in the country reported a drop in revenue for its most recent fiscal year, the first time its full-year revenue has fallen in four years.
MakeMusic is moving to Boulder, Colorado and its CEO and chief technology officer will be replaced in a restructuring of the company.
Wurth Adams Nut & Bolt and Perbix Machines are relocating their headquarters to Brooklyn Park with expansion projects that total $28.6 million.
ABRA, which currently operates more than 200 repair centers throughout the country, is being sold by one investment firm and bought by another.
Target revealed more details about the continuing costs of its data breach and is seeing uninspiring sales in both the United States and Canada.
A rural Minnesota company is struggling to fill factory positions, a problem that, according to a recent Twin Cities Business survey, many local companies are experiencing.
Rebiotix, Inc., completed its most successful round of funding yet and plans to further advance its drug for gastrointestinal disease.
MakerBot, which Stratasys bought last year, builds small desktop 3D printers and plans to expand its reach across Europe.
It’s yet to be seen where Brian Cornell will take Target next, but analysts agree that the company was smart to fill the CEO role quickly and dispel uncertainty.
The CEO of Pepsi’s food division, Brian Cornell, will replace Target’s interim CEO John Mulligan.
Following the death of its former president, David Olson, the chamber has named Bill Blazar his provisional replacement.
The restaurant chain said its profits climbed by 44 percent, boosted by a substantial sports season and cheaper chicken.
Amid a significant upheaval of the local grocery scene, Hy-Vee is expanding further into the Twin Cities with a new store in Oakdale.
The owner of Snap Fitness hopes to eventually sell 1,000 franchise licenses for YogaFit, and it currently has six new Twin Cities locations in the works.
The med-tech firm was already an investor in Visualase and said the acquisition will help expand its surgical technologies business.
Minnesota lacks laws governing how your digital assets are handled when you’re history.
The Minnesota Department of Employment and Economic Development partnered with Gray Plant Mooty for the third time, this time to create a free downloadable guide to help businesses acquaint themselves with security laws and other rules.
Mark Holt, who is also an attorney, is being fined $300,000 for allegedly defrauding investment clients, many of whom were elderly.
The Davis family, owners of a diverse business portfolio, has divested its largest business unit: Davisco Foods International.
About a year before the former Ford site is expected to be marketed to prospective developers, St. Paul is making plans to refresh the site.
The motorcycle and off-road vehicle maker increased its earnings forecast for 2014; it now expects its full-year profits to jump 20 percent over 2013.
“In a Snap” allows users to find out more about products they see in select Target ads by taking pictures with their phone.
The sports software firm has closed on nearly $30 million in investments in the last month alone.
Based on a survey of 70 of the largest companies in the country, Target donated the eighth-largest percentage of its profits to charity.
While the design and redevelopment are still being decided, a development manager and architecture firm were named to lead the project.
3M said it expects the deal to increase its earnings by $0.08 per share during the year following September 1.
The food giant recently opened a new research and development center in Shanghai and aims to grow its presence in the ice cream and yogurt markets throughout China.
If convicted, Brian Gore could face a maximum sentence of 10 years in prison and a $2 million fine for his alleged involvement in a counterfeit sportswear scheme.
The acquisition of NeuroTherm will expand the Minnesota company’s chronic pain relief business.
Three of the Rainbow stores that were part of the recent deal involving Roundy’s and Supervalu have already been converted to Cub Foods-branded stores.
The U.S. Attorney’s Office announced Thursday that four men were charged in connection with an alleged mortgage fraud scheme involving an Excelsior-based real estate firm.
New business filings for the first half of the year totaled 31,502, about 500 more than during the same period last year.
The Minneapolis-based law firm expects its new informal alignment will make it more attractive to clients doing business in Mexico.
Ginny Morris, a third-generation broadcaster and chair of Hubbard Radio, will take on the role of chief executive from Bruce Reese.
HighJump Software, a former 3M subsidiary, announced that it is merging with a rival warehouse management software firm.
The Minneapolis-based biotechnology company bought Novus Biologicals for $60 million, less than a month after spending $300 million on a protein analysis company based in California.
Although the St. Paul-based snack food company was bought by an out-of-state competitor, the buyer is keeping the Minnesota employees where they are.
Sage Hospitality bought the Marriott in Minnetonka on Tuesday and plans to invest at least $10 million into upgrading the property.
Interim CEO John Mulligan on Wednesday responded to the recent controversy of customers bringing guns into Target stores.
Twin Cities Automotive has been rebranded as Carousel Motor Group, as it looks to expand into new areas.
Ikonics Corporation’s CEO said the company is currently deciding whether to build a new manufacturing facility in Ireland, Mexico, or Duluth.
Flagstone Foods, which in 2012 received state funding to relocate its headquarters and add jobs in St. Paul, has now agreed to be bought by TreeHouse Foods, Inc.
Enventis was bought by a fellow telecommunications firm, based in Illinois, and the deal’s direct effect on Minnesota employees hasn’t been disclosed.
Minnetonka-based Wireless Ronin Technologies, Inc., said it would merge with Creative Realities and sell about 59 percent of its shares to the owner of the fellow marketing technology firm.
Sign-Zone, Inc., received a $125,000 forgivable loan from the state to assist with its expansion.
The Brooklyn Park-based contractor said the deal will boost its presence in the electrical control systems market.
Minneapolis-based Imaging Path is closing its offices at the end of the month after Bloomington-based Loffler Companies bought all of its assets.
The Goddard School franchise has a goal of opening 30 new schools every year for the next five years, and it hopes the Twin Cities will be one of its main growth regions.
Capital Safety, which makes body harnesses, hoists, and other equipment to protect workers from falls, said it will add 100 new jobs after receiving some government support.
While the Twin Cities’ corporate tax structure is lower than those in many major cities throughout the world, it’s higher than those in major metros in places like Canada, Mexico, and the Netherlands.
Before all the votes have been tallied, the Clinton Group announced that shareholders voted “overwhelmingly” for a change of four members of ValueVision’s board of directors.
Daikin Applied Americas, Inc., is expanding its Owatonna manufacturing facility and may receive $800,000 from the state government as incentive.
Eden Prairie-based MTS Systems said its purchase of Roehrig Engineering is expected to close this summer.
A jury returned guilty verdicts Tuesday on all three counts against Robert Boedigheimer, which accused him of a money-laundering conspiracy.
The Minnesota Chamber of Commerce published a report that outlines its stance on bills and how lawmakers voted on them throughout the 2014 session.
Bio-Techne has agreed to purchase ProteinSimple for $300 million in cash in a deal expected to close this summer.
Cardiovascular Systems, Inc., is moving two miles down the road in New Brighton to a new 125,000-square-foot headquarters with a 500-worker capacity.
Ahead of an annual shareholder meeting at which it hopes to win board seats, activist investor Clinton Group has made public three emails that decry management practices at ValueVision; meanwhile, ValueVision’s CEO called the allegations “simply not true and completely unfair.”
Robert Senkler was appointed CEO in July 1994 and has worked for the company since he was just 21 years old.
Verisae said that, by combining the two companies, it will be able to expand its capabilities in workforce management.
Event Planner and Founder, Eventive Meetings
Steele Fitness is further expanding its gym membership program and plans for five to seven new gym locations by the end of the year.
Dean Riesen left the company on Friday after serving as a board director since 2003 and chairman since 2011.
Saunders took the Timberwolves to all eight of its total playoff appearances in his former role as head coach from 1995 to 2005.
But a new report also found that the number of jobs held by baby boomers is growing at a faster rate, in both the Twin Cities and nationwide.
Although Bloomberg reported that the potential deal is still in its early stages, if the acquisition occurs, it could result in Medtronic relocating its legal headquarters to London.
Bogopogo is meant to connect its users with local restaurants offering free promotional deals.
Target’s interim Chairwoman Roxanne Austin sent a letter to shareholders in an effort to influence their voting decisions for the company’s annual meeting next week.
Transportation services company Transport America, which previously disclosed plans to complete an initial public offering, announced Monday that it will instead be bought by TransForce, Inc., a publicly traded firm.
Graves 601 will officially change hands this summer when Graves Hospitality sells the 21-floor hotel for an undisclosed sum.
Host Ira Glass said This American Life split with Minneapolis-based Public Radio International in part to maintain control of its digital distribution.
The owner of the Way Better Snacks brand bought BioEssential Botanicals, which it sources some of its key ingredients from.
Although Target doesn’t plan to offer e-books, its partnership with Librify will expand its popular “Club Picks” book club into the digital realm.
An attempt to discover what's in the sauce that keeps causing the barbecue chain's CEOs to split.
The same day the retail giant reported that its profits fell 16 percent during the first quarter, it announced that it will soon begin testing a new delivery service to three major markets.
While Best Buy’s quarterly profits beat analyst expectations, the company expects same-store sales to keep sliding because of a lack of major product launches during its upcoming quarters.
St. Paul-based med-tech company MGC Diagnostics Corporation announced that CEO Gregg Lehman is leaving the firm to become CEO of a healthcare and wellness program provider.
While Target’s quarterly profits were in line with its expectations, the company drastically lowered its forecast for 2014 from last quarter due largely to the effects of its data breach and costs of its Canadian expansion.
The global hospitality company sold the iconic restaurant brand in order to focus more energy and resources on its hotel and travel businesses.
Approximately 29.4 million travelers visited the Twin Cities in 2013, representing a 5.4 percent increase over 2012, according to a study commissioned by Meet Minneapolis.
Target ousted the president of its Canadian operations the same day it announced that one of its longtime executive vice presidents plans to retire.
Jason Bristow, a 10-year vice president and treasurer at Amazon, returned to his native Minnesota Monday to serve as chief financial officer for a growing software firm.
The Minneapolis-based retailer is taking another step in its attempt to prevent future data breaches.
Killian Rieder’s “Elo” pillow is equipped with speakers that play music or tell children’s stories, but only when the child’s head is resting on it.
The majority of Minnesota-based Bayer Interventional’s 350 employees work in Coon Rapids but Boston Scientific said it’s still determining whether it will keep all the existing workers.
Target and General Mills are among the first 12 brands that the social media site has partnered with to test so-called “Promoted Pins.”
Camille Gibson of General Mills ranked in the top 40 on this year’s list for her role in the company’s recent ad campaign.
Universal Cooperatives, Inc., and its subsidiaries owe their largest creditors nearly $20 million.
Although local manufacturing executives are more confident in their firms’ future than they have been during the last six years, they are also concerned about health care costs, government policies, and a worker shortage.
Founded by local businessman Jeff Mack, Cachet Financial Solutions significantly narrowed its net loss in its most recent quarter and increased revenue, and is now planning a stock offering.
Roundy’s announced plans to vacate the competitive Twin Cities market, starting with the sale of the majority of its local Rainbow brand grocery stores.
The Minneapolis-based construction company is planning to build a new 80,000-square-foot headquarters near its current downtown headquarters this fall.
The company said it hasn’t nailed down which regions of the country will be most affected by the consolidation or how many jobs will be cut.
Based on factors like child care costs, parental leave policies, and gender pay gaps, WalletHub compiled a list of the best states to live in for working mothers.
Advantus Capital Management is adding about $300 million in assets to the $29 billion it already manages.
A Minnesota employee of EXP Pharmaceutical on Wednesday admitted to charges of theft of public money.
Weber Shandwick said it plans to move into the 510 Marquette building in July 2016.
Minnesota business leaders dominate this year’s crop of Ernst & Young Entrepreneur of the Year awards for the Upper Midwest region.
The company said planned improvements to its existing Bayport facility will bring jobs that pay an average of $19 an hour, plus benefits.
The massive aerospace, defense, and sporting goods company—which has four facilities in Minnesota—announced that it’s dividing itself into two separate companies.
Bob DeRodes joins the Minneapolis-based retailer as chief information officer while the company continues to search for a new chief information security officer and chief compliance officer.
FineLine Prototyping will retain its current facility in Raleigh, North Carolina, and Proto Labs will keep on the acquired firm’s leaders.
Based on their responses to a 300-question survey, General Mills, Target, and Medtronic were ranked in the top 50 companies with the best diversity policies.
After about 15 years as president, CEO, and chairman of Digi International, Joseph Dunsmore plans to retire this year.
Segetis, Inc., will pay for about 70 percent of its new Iron Range plant and will receive $21.2 million in support from the Iron Range Resources & Rehabilitation Board.
The end of April brings to Minnesota multiple technology development contests that attempt to solve real-world problems in new ways.
With claims of more than 100,000 spectators and a $15 million economic impact, where did all the money flow?
Head coach Rick Adelman will stay on with the team in a consulting role; candidates for his job reportedly include Michigan State coach Tom Izzo and Iowa State coach Fred Hoiberg, among others.
In the largest transaction in either company’s histories, Post, known for its huge cereal business, is acquiring Michael Foods, a large Minnesota-based maker of packaged food products.
The U.S. Court of Appeals removed a preliminary injunction that Vascular Solutions previously won against Boston Scientific.
In May, Minnesota will become the 24th state to house a Rita’s Italian Ice when two local franchisees open a new store.
The increase in sales for the medical device manufacturer’s implanted defibrillators and pacemakers contributed to its strong first quarter.
Xcel Energy, St. Jude Medical, Mosaic, and Medtronic were among 50 of the largest companies in the country that offer the best combination of a high median salary, high job satisfaction, and a flexible work schedule.
After less than a year as president of the company’s U.S. retail stores, Shawn Score retired effective immediately.
The Hennepin County Medical Center plans to build a 322,000-square-foot medical center across the street from its current emergency department in downtown Minneapolis.
Apogee Enterprises’ full-year revenue totaled $771.4 million and the company hopes to reach $1 billion by 2016.
General Mills and Andrew Zimmern teamed up to recognize the country’s best of the best across 20 food-related categories.
After more than 90 years in business, Nelson’s Ice Cream is opening up a second location in St. Paul.
The retail giant is expanding in the health and wellness realm with a new “Made to Matter” product line; the company is also exploring more mannequin placement.
A 3M official said the technology may have the potential to have as broad of an impact as 3M’s Post-its.
The Wayzata-based bank told its employees Monday that about 1,500 of them will be relocated from different offices throughout the state to a new workplace in Plymouth.
8thBridge’s CEO said he plans to bring on more employees now that the company is part of San Francisco-based e-commerce firm Fluid.
Lawmakers in Minnesota, currently home to one of the country’s lowest minimum wages, have reached a deal to hike the minimum hourly pay to $9.50 over the next few years.
Currently the dean of Michigan State’s business school, Stefanie Lenway will become the dean of the Opus College of Business in Minneapolis this summer.
Founded in 2008, Holaira is working to treat the debilitating symptoms of chronic obstructive pulmonary disease.
Minneapolis continues to benefit as one of Google’s seven “Tech Hubs,” as local startups Docalytics and Kidizen were offered funding from AOL founder Steve Case.
Minnesota taxpayers recoup less than 10 percent of the individual income taxes they contribute, whereas Mississippians get back more than 30 percent.
The 3D printing giant said it will purchase Solid Concepts, Inc., for up to $295 million but didn’t disclose Harvest Technologies’ purchase price.
The stadium just got a little meatier, sweeter, and “spirited.”
Travel Leaders Group has added a new headquarters building in London as part of an expansion plan that involves organic growth and future acquisitions in Europe.
Nord, which also counts the Union Depot among its clients, relocated to an office space—which is more than three times the size of its previous headquarters—in the recently renovated transit building.
Attaining the second-highest “opportunity score,” Minnesota ranked especially well for its education opportunities and civic engagement on a recent list published by Forbes.
A Senate committee laid out multiple mistakes Target made when failing to prevent its data breach; meanwhile, the company faces yet another lawsuit.
According to multiple news reports, the owners of Bluestem Brands have hired banks to seek buyers for the company, which generated more than $830 million in revenue last year.
The Nerdery and volunteer Web professionals have already donated $4 million worth of free web-development services to nonprofits since the program began in 2008.
Taking into account returns on taxpayer investment, how much each state receives in federal funding, and the ratio of federal employees, WalletHub ranked Minnesota third on its list of states least-dependent on the federal government.
With existing assets totaling nearly $1.6 billion, KleinBank will be adding about $205 million more after acquiring Prior Lake State Bank.
Five companies are dipping into a newly approved fund that the state is using to encourage businesses to boost local job growth and investments.
The Maple Grove pharmaceutical company sold three of its women’s health products to a company in New Jersey.
What do you need to know about cyber-crime?
A large chunk of the recently passed tax-cutting bill went toward repealing business-to-business taxes, but the business group is wary about other looming legislation.
3-D Printing, Wearable Technology Gaining Ground
The women’s clothing retailer beat analysts’ expectations as it neared profits for its fourth quarter, and it announced plans to consolidate more stores.
Texas-based Nexstar Broadcasting Group bought the local Web technology and news content company in a deal expected to close later this month.
GamePlan4Me was designed by St. Paul-based tech firm Augeo and has partnered with more than 15 professional athletes, most recently Kobe Bryant.
Owner, The Stark Group, Inc.
Hannon Security Services, Inc., was bought by California-based Universal Protection Service, one of the largest security companies in the country.
The $97 million Target Center revamp is now open for bids from architectural and engineering firms looking to finalize the project’s design.
The Swiss watchmaker seeks to stop Target from selling the watches, to recoup profits Target has made from the watches, and to be awarded capital damages.
TST Media, which operates under the Sport Ngin brand, reportedly received $10 million from Piper Jaffray and $5 million from a California venture capitalist firm.
Wireless Ronin Technologies is merging with fellow digital media firm Broadcast International, and Wireless Ronin’s stock price jumped more than 25 percent on the news.
Governor Dayton’s proposal would cut certain middle class taxes, B2B taxes, local government and nonprofit taxes, eliminate the gift tax, and increase angel investor tax credits.
After 18 years at Clarity Coverdale Fury, Rob Rankin has been handed the reins.
Bixby Energy Systems founder Robert Walker was convicted on 17 counts of criminal conduct, including witness tampering and defrauding investors, after just a day and a half of jury deliberation.
Castlelake recently closed on $1.4 billion in new capital commitments, bringing its total managed assets to $3.6 billion.
Less than a month after the company’s CEO resigned, Famous Dave’s chose to fire its president and chief operating officer.
The Bloomington mall confirmed recently that, after closing on $300 million in financing, it plans to add a 700,000-square-foot expansion.
The fourth-quarter expansions brought the annual total to 146 in Minnesota, which are expected to create nearly 8,000 jobs in the state.
Claiming to have the majority market share of its industry, American Surplus and Manufacturing is opening a new facility in Pine River that it said will bring 20 jobs to the city.
Bloomberg News reported that the Minnesota company is working with Goldman Sachs to sell some of its business units piecemeal.
3M ranked 23rd and Target 29th, although both fell several spots from last year’s list.
Best Buy swung to a profit in its fourth quarter but is reportedly planning to cut up to 2,000 managers across the country.
Target’s profits fell 46 percent in the fourth quarter, dropping from $1.47 per share to $0.81 per share; Target attributed $0.40 of the loss to its Canadian segment and $0.02 per share to the data breach.
Although Twin Cities home sales, new listings, and pending sales were down in January, a new report attributes the slowdown to cold weather, not to long-term weakness in the market.
Caribou Coffee added a variety of new bakery offerings Tuesday and plans to follow them up with hot sandwiches in a few months, as well as snacks like hummus and pita bread later this year.
The legislative session that begins Tuesday will focus on the recent bonding bill, the minimum wage, business-to-business taxes, and the state’s projected budget surplus.
Who let the dogs in?
Everyone’s favorite tax increase may be a double-edged sword.
Optum Health hopes to expand the breadth of Audax’s digital platform and said that Audax’s leadership team, which is helmed by a 24-year-old CEO, will remain intact.
After Heidi Weber, one of the for-profit school’s former deans, was awarded almost $395,000 in a whistleblower lawsuit, a judge has now ruled that the school must pay an additional $570,000.
For the second time, Target has launched a mobile app game that showcases products that it sells in its stores. The company said it plans to launch six more this year.
The semiconductor equipment manufacturer recently adopted a shareholder rights plan in an attempt to pay lower income taxes by “carrying over” its $76 million in losses.
The online educator’s new enrollment fell 6.8 percent in its most recent quarter, and its revenue was down about 15 percent.
A UnitedHealth Group and Mayo Clinic joint research initiative called Optum Labs has attracted seven new partners, including Pfizer, the Tufts Medical Center, and the Rensselaer Polytechnic Institute.
The North Dakota-based Stop-n-Go gas station and convenience store chain, which had four locations in Minnesota, was bought out by Iowa-based Casey’s General Stores, Inc.
Dunn Bros. moved across the street, added a bakery, and will now serve beer and wine; its former location is being taken over by new retail shops.
Paint and coatings company Valspar said its revenue and adjusted earnings each increased by about 10 percent in its first quarter.
The Minnesota Chamber of Commerce and national employer groups responded both positively and negatively to the second delay of one of the major requirements of the Affordable Care Act.
Maker’s Cafe, which will serve local food and sell homemade merchandise, opened in conjunction with a new Minnesota-based co-working space called Cafe Inc.
Techne Corporation will henceforth be known as “Bio-Techne” as part of an attempt to better position all of its brands.
The money will be allocated across 10 different redevelopment projects, more than half of which are in Minneapolis.
The Minneapolis-based biotech company hired James Hippel to replace Greg Melsen, who served shortly as interim CEO left the company after it named a permanent replacement.
A local brings a dubious crown back to Minnesota.
While Buffalo Wild Wings saw a 25 percent increase in profit and C.H. Robinson saw a 65 percent decrease, the price of both companies’ stocks dropped Wednesday.
The hole-in-the-wall music venue will re-emerge as a “music complex” and is gaining some serious square-footage with its move to the fourth floor of the megamall.
Target Chief Financial Officer John Mulligan said Tuesday that the malware, which infiltrated the retailer’s point of sale system, remained on a select number of registers for three days after the company said it had eradicated the problem.
The Clinton Group claimed in a recent letter that ValueVision broke state law by not holding a special shareholders meeting 90 days after it was requested—but the Minnesota company argues that Clinton’s original request was invalid.
Best Buy and Ameriprise Financial made Bloomberg’s list of top 10 most-disappointing stocks based on their poor January performance following a strong 2013.
Ernst & Young is seeking nominations for outstanding entrepreneurs in Minnesota, Iowa, Nebraska, North Dakota, and South Dakota.
The new products include protein- and fiber-heavy snacks as well as variations on the company’s iconic Cheerios and Cinnamon Toast Crunch cereal brands.
Although Cardiovascular Systems announced a loss of nearly $10 million for its second quarter, its stock was trading up 19.1 percent at $35.04 per share Thursday morning.
The Dolan Company’s shares will no longer be traded on the New York Stock Exchange; they’re moving to the “over-the-counter” marketplace.
Although Target’s Canadian expansion has hit a few road bumps and incurred financial losses, the company said it has plans to open at least nine more stores in the country this year.
The recreational vehicle company generated record profits and revenue for its fourth quarter on increased off-road vehicle and motorcycle sales, and while it's expecting further growth in 2014, its outlook is more cautious than that of analysts.
Midwest native Mark Lacek is launching a new mobile application called FamDoo, which rewards kids with cash-value points for tasks like housework and schoolwork.
Retailers such as Oakley and Reebok will open next to at least 60 other stores in the new upscale outlet mall that is expected to open this summer.
The recreational vehicle company announced that its third-quarter profits fell 32 percent and it is lowering its full-year earnings guidance for 2014.
Magnet 360 ranked 34th and Code42 ranked 44th on a list of “most promising” private companies with under $250 million in annual revenue.
The giant cable provider said its new lease at its St. Paul office is effective through 2024, and the company is investing millions into refurbishing the space this month.
Japan-based technology company Ricoh announced Tuesday that it is buying a cloud and IT services business from Best Buy, which the Minnesota company bought for $167 million at the end of 2011.
After its plans to enter Minnesota in 2012 fizzled, Corner Bakery Café is once again hoping to bring more than a dozen cafés to the Twin Cities.
While Minnesota can’t quite compete with salaries paid in New York or California, the Twin Cities remain between 2 and 5 percent above average for white-collar compensation in fields like public relations and advertising.
Target recently announced plans to open new stores in Ohio, California, New Jersey, and Massachusetts; they will open shortly after Target closes locations in Illinois, Nevada, Georgia, Ohio, Tennessee, and Florida.
Allianz Life Insurance Company, Mayo Clinic, and General Mills were named to the list based on employee surveys and company benefits and practices.
A recent study revealed that Twin Cities residents are less confident in their personal finances than financial experts believe, and that most plan to focus on paying down debt, rather than increasing spending.
On the news of unexpectedly poor holiday sales, Best Buy’s stock fell nearly 30 percent Thursday and its CEO announced that the company would need to cut costs.
Governor Mark Dayton focused on higher education, Capitol renovations, and clean water investments in his most recent proposal.
The owner of the Mall of America’s Johnny Rockets’ restaurant is now also bringing a new create-your-own pizza franchise called Pizza Studio to the megamall, with plans for three additional restaurants in the Twin Cities.
Since announcing its new amended credit agreement, Dolan’s stock has dropped more than 8 percent, reaching a record low price Tuesday afternoon.
Don Ness celebrated his 40th birthday on Thursday by accepting the Person of the Year award for his outstanding leadership in strengthening Minnesota’s economy and culture.
A “significant” amount of Snap Fitness shares are changing hands as TZP Capital Partners buys Summit Partners’ more than $200 million stake in the company.
Although the grocery retailer’s revenue fell slightly, its profits jumped from $16 million to $31 million in its fiscal third quarter.
The Nebraska-based hunting- and fishing-gear retailer said it plans to hire about 150 full-time, part-time, and seasonal employees this month for its Woodbury store, which opens this spring.
Minneapolis broke a record last year for the total value of construction projects it approved, which together were worth almost as much as the 2010 and 2011 projects combined.
Call center rivals Stream Global Services and Convergys Corporation are expected to combine in the first quarter of 2014, which would create a company with about 125,000 employees at 135 different facilities.
Longtime Star Tribune sports columnist will sell some of his clothes in St. Louis Park this weekend.
Minneapolis-based Dolan’s stock has fallen to $0.52 per share, well below the New York Stock Exchange’s listing requirements, and a new executive appointment illustrates continued distress.
Afinia is pushing back against 3D-printing giant Stratasys, which claims in a lawsuit that Afinia is infringing on four of Stratasys’ patents.
The trend of closures and job cuts continue to haunt scrapbooking chains in Minnesota as Minnetonka-based Archiver’s announced that it’s closing its doors in about a month.
Twin Cities Business’ sister publication Mpls.St.Paul Magazine reported Thursday that Jack Riebel officially left Butcher & the Boar and sold his ownership shares to the Minneapolis restaurant’s other partners.
Gregory Melsen, who has served as chief financial officer and as interim CEO, will leave Techne Corporation in early February to “pursue other opportunities.”
Graco, Inc., bought QED Environmental Systems and EcoQuip in December for an undisclosed sum.
Maple Grove has been chosen as the site for Price Mechanical’s new design center, which will also serve as the company’s U.S. headquarters and bring 40 new jobs.
According to Gray Plant Mooty attorney Carl Crosby Lehmann, the new law will have little effect on businesses.
According to regulatory filings, Transport America aspires to raise $75 million from an initial public offering.
Entrepreneur magazine ranked Anytime Fitness at the top of its 2014 Franchise 500 list, up from sixth place the year before.
In addition to the newly announced offices, Minnesota also has plans for a foreign trade office in Germany and has already established an office in China.
3M released its 2014 earnings outlook and said it plans to spend between $5 billion and $10 billion on acquisitions over the next five years.
A recent report from Senator Amy Klobuchar and other lawmakers provides advice for increasing U.S. manufacturing production and jobs.
The restaurant chain hopes to attract Mexican citizens to its new locations and isn’t targeting tourism-heavy cities.
A proposal to limit the amount of expenses advertising agencies can deduct in the tax year is facing unprecedented resistance from some of advertising’s biggest players.
Minnesota was ranked the sixth-worst state for entrepreneur- and small business-friendly tax and regulatory policies.
Zeus Jones first shared its plans for a San Francisco expansion with the New York Times.
TCF is closing one of its downtown Minneapolis branches, along with 37 others in Indiana and Illinois that are housed within Jewel-Osco grocery stores; the move will result in up to 200 job cuts.
U.S. Bancorp agreed to pay “Freddie Mac” $53 million to resolve its mortgage buy-back obligations, adding to the more than $18 billion paid out by other banks in similar settlements.
While the company’s primary operations remain in Golden Valley, Pentair is shifting its official place of incorporation from Switzerland to Ireland, citing a more advantageous legal and regulatory system.
A California investment firm purchased two of Cargill’s three corporate buildings in Hopkins; the two buildings totaled more than 500,000 in square footage.
Phillips Edison purchased the Northstar Marketplace—which is anchored by a Coborn’s grocery store—last week, marking its fourth shopping center acquisition in Minnesota.
Governor Mark Dayton said more than $400 million from the budget surplus should be used for business and middle-class tax cuts.
St. Paul-based Merrill Corporation acquired Grossman & Cotter to expand its footprint throughout northern California.
The women’s clothing retailer saw profits jump 140 percent during the third quarter, and its stock has risen 120 percent since it named a new CEO.
Imagine! Print Solutions acquired Classic Graphics to form what it calls one of the largest privately owned commercial printers in the country.
3M and Target both made four of Fortune’s high-profile annual lists, earning them spots on the magazine’s 2013 best-of compilation.
Sports stats provider SportsData launched in 2010 but already has a client list that includes major hitters like Google and Facebook.
Wayzata Investment Partners is selling a Texas power plant to a Houston company for nearly $300 million more than it paid for the plant in 2011.
A new report states that there were 31 business expansions announced during the most recent quarter—bringing the tally to 112 during the first nine months of 2013.
Profits are up in nearly all of Hormel’s major businesses, and its international market saw a huge jump, due in part to the acquisition of the Skippy peanut butter brand early this year.
Uponor, a Finnish plumbing and indoor climate systems manufacturer, has added 75 jobs in Apple Valley this year and expects its latest expansion to lead to additional hiring.
3D printing giant Stratasys filed its first patent infringement lawsuit Monday against fellow Minnesotan company Afinia.
Polaris is looking for workers on the Iron Range; separately, it recently launched a new military-grade all-terrain vehicle with “non-pneumatic” tires that never go flat.
The retail giant’s third-quarter earnings were held back largely by weaker-than-expected results from its expansion into Canada.
Merchants Bank has finalized the purchase of two new Minnesota branch locations and is planning further expansion into Wisconsin early next year.
Adding $18 billion in assets, Minneapolis-based U.S. Bancorp purchased Quintillion Limited for an undisclosed sum and, separately, announced a partnership with American Express.
Who needs to offer coverage, and to whom? Experts continue to field that question and others.
Health care experts say employers should be focused on communication with employees, monitoring headcounts, preparing for the “play or pay” provision, and watching for more guidance on reporting requirements.
Due to a decline in unemployment insurance, the state recently approved a reduction in related taxes.
The electronics retailer’s stock is up 235 percent this year but fell Tuesday after the company announced that it expects lower margins due to increased promotional costs.
Some of Minnesota’s largest companies have committed hundreds of thousands in dollars and services to disaster relief in the Philippines.
ValueVision denied investor Clinton Group’s request for a special meeting in January and has instead scheduled the meeting, one at which shareholders may vote on Clinton’s proposals, for March.
Health Dimensions Group bought Chris Jensen Health and Rehabilitation Center in Duluth and has plans to upgrade the center and add a housing facility.
The Shakopee company saw a jump in food and beverage sales but a decrease in card casino sales, which it attributed in part to significant road construction in the area.
Xcel Energy was the highest-ranked Minnesota company on this year’s list.
DataBank is nearing completion of one Edina data center upgrade and said it’s now planning a second Twin Cities facility.
The company is projecting 2013 sales of $152 million, about half as much revenue as it reported a few years ago.
U.S. Pipe hopes to expand its Midwest footprint with its first acquisition in Minnesota.
Owner/President, The LaClare Group, Inc.
An estimated 150 Xbox One consoles were reportedly shipped to customers over the weekend, ahead of its official November 22 launch date.
Could the Affordable Care Act lead to a decline of mergers and acquisitions in Minnesota or just a more complex vetting process?
3M is suing two dental businesses for allegedly infringing on the company’s ceramic-based dental technology.
Caribou Coffee is joining forces with Faribault Woolen Mill Company, to sell a line of joint merchandise; it is also opening two new co-branded locations in the Twin Cities with Bruegger’s Bagels.
ValueVision asked activist investor Clinton Group to postpone a special meeting until after the holidays; Clinton said it would wait until January, but it won't withdraw its filing, because that might allow ValueVision to push the date back even further.
Mosaic, one of Minnesota’s 10 largest public companies, said its revenue fell almost 30 percent last quarter; its stock, meanwhile, has dropped nearly 20 percent in 2013.
A jury sided with Willmar-based Relco after two former employees allegedly used confidential company information after moving to a competitor.
Olympus Surgical Technologies America plans to begin construction on a $37 million R&D and manufacturing facility by the end of the year.
In a partnership that may draw Target some new customers, the retail giant is offering health benefit discounts to Medica members.
An investor group says ValueVision is underperforming and needs a new chief executive; the company, meanwhile, pointed to its climbing stock price as indicative of a successful turnaround strategy.
The 3M spin-off sold one of its businesses in an attempt to turn itself around, but its quarterly loss was worse than analysts expected.
Rochester and Minneapolis have both lost a large chunk of their local government aid over the last few years, resulting in spending cuts.
Digital River added Ted Cahall, a former vice president of Microsoft, to its C-suite.
Although Norcraft will be only the second Minnesota company to complete an initial public offering this year, the state may be poised for more.
Target and General Mills each paid cash grants of more than $100 million last year, although both companies allocated just 18 percent of those grants within Minnesota.
The land, adjacent to the Metrodome, is essential to the development of the $975 million new Vikings stadium.
After being delisted from Nasdaq and moving to a smaller exchange, Granite City Food & Brewery is now thinking of deregistering its shares altogether to reduce costs.
The recreational vehicle company’s stock dropped more than 15 percent Thursday morning after its earnings fell well-below Wall Street expectations for the company's second quarter.
While the federal government is still in the process of developing a plan to require greater accountability from for-profit colleges, Capella is giving students a new way to judge their employable skills progress.
From tactical vehicles for armies to off-road ambulances in India, Polaris is adding products at home and aboard, and it reported a record-breaking third quarter.
The asking price for Eden Prairie Center was nearly $100 million, and the Cahill Plaza shopping center sold for more than $8 million.
Stratasys Ltd. continues its string of mergers and acquisitions as it reinforces its presence in Japan.
The Twin Cities was the only major metro in the country to see its health care premium rates decrease in 2013; however its employees are contributing more than average to their plans.
TCF Bank has committed to improving the financial IQ of 2 million people over the next three years by offering a free financial education program for students and adults.
Months after selling off a huge chunk of its business, Supervalu’s second-quarter profits and revenue both beat analyst expectations.
3M’s investment arm has purchased a minority stake in Takadu, a tech company that uses algorithms to identify problems in water systems.
A final bipartisan agreement was announced Wednesday that would end the government shutdown, and the House is reportedly expected to approve the deal before midnight.
According to staffing firm Robert Half, the technology industry will see the biggest gains in professional salaries, followed by accounting and finance, and creative and marketing jobs.
While Minnesota ranked only 25th based on a combination of its GDP and population growth over the last four years, it appears to be improving.
Although plan architects approved the routing of the light-rail through tunnels in the Kenilworth corridor, Governor Mark Dayton announced a delay of the approval vote pending further investigations.
Fashion expenditures account for almost half of a teenager’s budget, and spending is down, but retailers may have more to worry about as the holiday season edges closer and the government remains shut down.
As Target makes digital efforts a top priority, 150 jobs have fallen by the wayside.
As more financial enterprises return to the Minnesota market, the state may see a rise in initial public offerings.
A new study factored in corporate taxes, individual income taxes, sales taxes, unemployment insurance taxes, and property taxes when ranking states.
Although a large group of federal employees in Minnesota may be laid off in the coming weeks, a recent report said Minnesota is the fourth-least affected state by the government shutdown.
Alcatel-Lucent declined to disclose whether any of the cuts will affect its Minnesota workers.
Minneapolis officials recently announced that it has made changes to an ordinance in an effort to increase the transparency of organizations that provide banking services to the city.
Marco, Inc., plans to add about a dozen jobs over the next year to accommodate its continuing growth.
The holding company for the Enterprise Rent-A-Car, National Car Rental, and Alamo Rent A Car brands announced it will hire 11,000 new workers internationally in the coming year.
Best known for its backup security solutions, Code 42 recently launched a new “file sync and share” technology; it comes about a year and eight months after the company received more than $50 million in investment funds.
The Zayo Group purchased Access Communications for $41 million, expanding its network to span more than 2,500 miles in the Twin Cities.
The city of Minneapolis reported a 67 percent jump in the amount of money spent on major construction projects during the second quarter.
So far, the effect of the government shutdown has primarily been limited to federal workers turned away from their jobs, but if the government stays in the dark much longer, federal funding limitations may broaden the impact.
Value Place, which describes itself as “the largest economy extended stay lodging franchise in the United States,” has chosen the Twin Cities as one of five markets in which to expand its franchise.
Consumers may now take pictures of their Post-it Notes and, using a new mobile app, transform them into digital notes that can be saved and organized on a user’s mobile device.
The national investment community expects an uptick in initial public offerings, mergers, and acquisitions in the second half of 2013, although Minnesota investors are less confident.
Minnesota moved up Forbes’ best business states list, driven largely by its high scores in quality of life measurements.
Rental car giant Enterprise announced that it is expanding its CarShare program to Minneapolis, an increasingly competitive car-sharing market.
About three months after a German court ruled against Tennant in an advertising lawsuit, the Minnesota company said it has withdrawn its appeal for “purely commercial reasons.”
According to the U.S. Census Bureau, the Twin Cities fared above average in 2012 with respect to education, income, and housing value, but it still isn’t back to its pre-recession numbers.
In order to contend with heavy competition, Schneiderman’s Furniture is expanding its Woodbury showroom and plans to add about 10 new jobs.
Attendees of MobCon will hear Google Vice President Carl Schachter’s take on mobile cloud technology and be able to vote in a local mobile app development contest.
The East Coast-based tutoring provider is transitioning its six corporate-owned locations in Minnesota into franchisee-owned sites, and they are all on the market; it’s also promoting 11 additional undeveloped locations.
The state has recovered all the jobs lost during the recession and remains more than 2 percent below the national unemployment rate, but they are not as high-quality of jobs as the state had in 2008.
The shareholder rights plan was put in place so that Dolan can pay lower income taxes in the coming years.
Minnesota employers are required to send a new notice to their employees denoting the existence of the MNsure health insurance exchange, among other items.
The majority of metropolitan areas throughout the United States saw their economies surge in 2012, with Minneapolis-St. Paul near the front.
At the end of May, Google began adding new tabs to Gmail accounts in order to filter certain messages away from a user’s primary inbox; some Minnesota companies are confident that their content will still reach consumers.
Risdall received 37 awards for Web development in 2013, beating out agencies in Paris, California, New York, and elsewhere.
BodyBrite removes hair with a technology known as “intense pulse light,” and the company is planning to add three new Minnesota locations amid a larger growth strategy.
According to the Medina chief of police, two men kidnapped a Minneapolis business manager, likely as part of a plan to break into his firm.
Cargill’s current CEO, Greg Page, is nearing the company’s mandatory executive retirement age, and he will be replaced by David MacLennan.
Carlson Rezidor Hotels said its latest hotel deals accounted for 25 percent of all the new hotel deals that were signed in India last quarter.
The Department of Employment and Economic Development hired John Shoffner as the agency says Minnesota is experiencing a surge in business expansions and job openings.
In order to save the state about $300 million over two years, Minnesota’s new tax code will not conform to the federal code—leaving out multiple tax cuts enjoyed in other states.
John Olson passed away about 20 years after founding Olson, one of the five largest independent ad agencies in the country.
Minnetonka-based Communications Systems, Inc., restructured itself into a holding company and made multiple executive-level changes.
After the two IT providers went head-to-head in court, Atomic Data said it has acquired assets from the bankruptcy estate of Atomic Playpen.
Rochester Medical, which develops urological devices, is the third Twin Cities med-tech company that C. R. Bard, Inc., has purchased in recent years.
SurModics cut seven employees from its 115-member staff and expects to use the annualized savings to reinvest about $1 million into “growth initiatives.”
Medtronic is attempting to expand from a medical device company to a diversified provider of medical services.
While the layoffs haven’t yet occurred, SIFCO Industries said they will be doled out in upcoming phases.
The cornerstone of Edina’s retail scene, the Galleria, is adding a Kate Spade and a North Face store this fall preceding an upcoming expansion of the shopping center.
Analysts International Corporation agreed to be acquired by a Georgia IT firm.
The statewide entrepreneurial competition has chosen six divisional winners out of more than 1,000 Minnesota entrees.
Scicom Data Services’ buyer, Venture Solutions, said it plans to hire back a substantial amount of the workers, but some employees may still be cut.
The U.S. Export-Import Bank is considering funding a loan that would promote the exportation of U.S.-made equipment—but could aid Minnesota companies’ competitors.
Clear Harbor Investment wrote a letter last week to Northern Oil and Gas’ board of directors recommending the company repurchase 13 percent of its outstanding shares to improve its market value.
Already charged with 20 counts of conspiracy and fraud, the founder of Select Comfort is now being accused of witness tampering.
State lawmakers could not come to an agreement on the business-to-business tax repeals that should be discussed, so only disaster relief will be dealt with during the special legislative session.
Thirteen of Minnesota’s 25 Patch sites are slated for closure if they cannot be sold or partnered in about 60 days.
Target’s CEO said Canadian prices are what they should be, despite the differing view of many Canadian customers.
Narrowed from a pool of 57 semifinalists, the 18 selected finalists will now compete for a share of $200,000 in prize money.
Minneapolis-based Medafor, which develops medical devices used to control bleeding, is the second Twin Cities med-tech company purchased by C.R. Bard, Inc., in recent years.
Eleven different groups that support new businesses will receive between $84,000 and $450,000 in two-year grants.
The growing company is looking to increase its manufacturing space.
Berkshire Hathaway increased its stake in U.S. Bancorp to more than 78 million shares at an average price of $34.31 during the second quarter, according to a regulatory filing released Thursday.
While Minnesota’s unemployment rate remained unchanged, the state added 4,000 government jobs, an increase that a state official said may have been driven by increased funding.
The online news provider has 25 websites in Minnesota, and it’s unclear whether they will be among the 400 nationwide that will be sold or closed down.
Tradeshow and Event Coordinator, BASF–Building Systems
The magazine named its 50 best new restaurants in the country and Uptown’s World Street Kitchen and The North Loop’s Borough both made the list.
The company sold its air emissions control business, which helps plant operators meet requirements involving the use of fossil and renewable fuels.
A group of Best Buy shareholders argue that false statements made by the company’s executives caused its stock to rise artificially before abruptly dropping 14 percent months later when the company lowered expectations.
The Wayzata-based company saw its annual and fourth-quarter profits skyrocket, following especially dismal financial results last year.
Target bought a company that hosts a trio of websites that sell beauty products; the deal marks the company’s third e-commerce acquisition since March.
U.S. District Judge Joan Ericksen ruled against AGA Medical Holdings in a patent lawsuit involving a medical device used to treat heart defects.
After investing in an Australian grain commodities business and beef processing company, Cargill has now purchased Joe White Maltings, an Australian malt producer.
An analyst said, however, that although the company reported a loss, the move to sell its weak businesses will ultimately allow Dolan to focus on its more successful sectors.
The Minneapolis City Council met Thursday to discuss forming a city-owned electric utility, but the Xcel Energy CEO is confident the city won’t make the transition.
CEO Sally Smith said the company plans to have PizzaRev open a Minneapolis location by the first quarter of next year.
Although Comcast’s new technology was launched in 2011, it has seen a slow roll out and is now offered in the Twin Cities.
President and Publisher Steve Fox has retired after 25 years spent leading Greenspring Media Group, and the company has been sold to a Detroit publishing company.
Padilla Speer Beardsley will acquire Richmond, Virginia-based PR firm CRT/Tanaka for an undisclosed sum.
A study found Minnesota companies tend to neglect
their email relationships with customers or smother
customers with contact.
Is the same-sex wedding business a huge new market or a small blip on the radar?
Thirty of Minnesota’s wineries are offering free tastings for those carrying a “Discovery Passport”—which costs $25 and is good for 10 free tastings and other special winery offers.
Although the deal likely won’t be finalized until 2014, the 100,000-square-foot building on Nicollet Mall is officially off the market, and the energy company hopes the new location will benefit its branding efforts.
The Minnesota hearing aid maker is renovating its 122,000-square-foot facility to make room for future work force growth.
A former OfficeMax executive is set to replace 26-year Supervalu veteran Sherry Smith as chief financial officer, effective August 7.
TSI plans to add about 50 percent more jobs to its corporate headquarters over the next four to five years to occupy its 58,000-square-foot expansion.
Uroplasty appointed its interim CEO, Robert Kill, to the roles of president and CEO. Chief Financial Officer Mahedi Jiwani—who was placed on leave during an internal review—has now retired.
About 10 percent of Wells Fargo’s recent home mortgage division job cuts took place in Minnesota, where the bank is the state’s eighth-largest employer.
Edina-based Nash Finch agreed to an all-stock merger with fellow food distributor Spartan Stores, a deal that is expected to create a $7.5 billion company.
The company behind Sleep Number beds had seen its stock climb consistently over the last few months to about $27 per share, but its shares fell Thursday after the company released its second-quarter financial results.
Although the company reported a net loss from continuing operations of $105 million, its adjusted earnings reached $0.14 per share, nearly doubling analysts’ expectations.
HighJump Software, a global provider of supply-chain software, acquired Denmark-based Evenex, marking its fourth acquisition since 2008.
Valley Cartage relocated its headquarters from Hudson, Wisconsin to Lake Elmo after the state offered it a $500,000 forgivable loan and the opportunity to apply for $400,000 in tax credits.
Whether a business is defined as “small” or “large” will determine whether it is required to “play or pay” when a new health care reform provision takes effect in 2015.
Communications firm WCG is opening a Minneapolis office in the hopes of expanding its Midwest client base.
Minneapolis has the ninth-most patent applications for every 10,000 metro residents in the world.
A “woman of influence” is defined as being active in major investment decisions, having a good understanding of financial products, and having an interest in learning about financial matters.
One of Mankato’s oldest businesses closed down after the recent recession hurt the local limestone market.
Cargill’s animal nutrition business is expanding in Thailand by acquiring a facility that produces 60,000 metric tons of shrimp feed per year.
It seems all those years of asking, “Can you hear me now?” have paid off: According to a recent report, Verizon outperformed AT&T, Sprint, and T-Mobile in Twin Cities based on its data, call, and text capabilities.
The Minneapolis-based company has struck deals to sell two of its businesses to law firms that are clients of the businesses.
Prime Therapeutics, which added 443 jobs locally in the past year, recently announced its next location for significant job growth: Irving, Texas. The Eagan-based company plans to add 200 new positions there.
Uroplasty, which delayed filing its annual financial report last month due to possible issues regarding how it paid employees, has been given 60 days to explain how it will regain compliance with Nasdaq requirements.
The employer-shared responsibility provision in the health care reform law requires large employers to meet specific standards in order to avoid penalties. Now they have an extra year to comply.
While Select Comfort's stock price remains lower than it was six months ago, it has recently been on a consistent climb, and analysts see additional growth potential.
Urologix paid Medtronic $2 million of the $7.5 million it owes for the licensing of a Medtronic, delaying payment for the remainder of the sum.
Having already established itself as one of the top turnaround stocks of the year, Best Buy’s shares rose again on Monday after an analyst at Credit Suisse raised the company’s target price.
According to the Metropolitan Council, $2.5 million in cleanup grants will help add 1,700 jobs and 168 affordable homes.
The Minority Business Development Agency said its services helped create or save a record-breaking 16,730 jobs in 2012 for minority-owned businesses across the country.
The food titan’s earnings totaled $336 million in its fourth quarter, while revenue totaled $4.41 billion, up 8 percent from the same period in 2012.
Dale Parker replaces outgoing Chief Financial Officer Gregory Smith; Image Sensing Systems said that Smith’s departure is “not related to any issue with respect to Image Sensing’s financial statements.”
IT services providers Joseph Michael Hanson and Timothy John Lambrecht were charged with conspiracy to commit mail and wire fraud; an attorney for one of the men said, “There is no fraud here.”
The Minnesota Department of Employment and Economic Development released its quarterly Business Expansion Report Wednesday, which shows that the key expansion areas are in the west metro and Duluth.
Our neighbors to the west continue to market their low tax rates and “pro-business” environment to encourage Minnesotans to relocate.
Stratasys said it will acquire MakerBot, a competitor in the 3D-printing industry; the $403 million purchase could grow based on MakerBot’s performance.
The Dusseldorf-Cologne area of Germany was selected for the state’s new foreign trade office; Minnesota’s only other trade office opened in Shanghai, China, in 2005.
A recent survey of 50 commercial real estate professionals revealed continued signs of pessimism about the local market despite optimism about rental and occupancy rates.
A German court ruled in favor of Tennant’s competitor, which claimed that some of Tennant’s advertising claims were misleading; Tennant is considering an appeal.
Multimedia content provider Rimage Corporation is changing its name to Qumu Corporation following a quarter of growth for the Qumu brand.
Best Buy has partnered with Microsoft to install small Windows stores in select locations, which will offer Windows-based PCs, tablets, accessories, and support from a Microsoft-trained staff.
The CEO of the St. Cloud-based scrapbooking company said the additional cuts that were planned for June would not occur, although plans may change later down the road.
Kim Robert Calkins acknowledged failing to pay to more than $850,000 in taxes and was sentenced to a year in prison. His wife was previously sentenced to five-and-a-half years for bank fraud.
General Motors pulled the Cadillac account from ad agency Fallon after nearly three years of award-winning work.
The Eden Prairie-based 3D printing company is reportedly eyeing an acquisition that would expand its presence in the 3D modeling market.
After reporting an 8 percent increase in third-quarter revenue, General Mills is raising its full-year earnings expectation for a second time in three months.
Emerson Process Management has chosen the abandoned ADC Telecommunications building in Shakopee for the global headquarters of its Rosemount measurement technologies business.
President and CEO, Ellis International, LLC
Thrivent Financial’s members voted to expand membership eligibility to all Christians.
A U.S. Bank spokesman said the lawsuit is "without merit" and represents "an inappropriate attempt to reassign blame" to the company.
The Center City-based Hazelden Foundation announced Tuesday that it is pursuing a potential alliance with Rancho Mirage, California-based Betty Ford Center.
The delegation is tasked with exploring new trade opportunities, gathering market insights, acquiring business contacts for potential partnerships, and working to attract investment to Minnesota.
State officials hope to provide access to broadband of a minimum speed quality to all Minnesotans by 2015.
Select Comfort has developed a product under its Sleep Number brand that allows users to heat and cool individual sides of a bed with wireless remotes.
The Minnesota Film Production Jobs Program will provide film companies with monetary reimbursements over the next two years if they agree to film in Minnesota.
As part of an initiative signed by Governor Mark Dayton, $10 million will be used to provide affordable housing to Minnesota areas with booming employment opportunities.
High expectations have left some Canadian shoppers disappointed with Target’s prices and selection; analysts say: Just give it time.
The Twin Cities topped the healthiest-cities-in-the-country index for the third straight year, and in a separate study Minnesota as a whole ranked as the healthiest state for seniors.
The retailer is placing beauty experts in select locations and designing its own dresses for brides, bridesmaids, and flower girls.
After missing financial expectations in its most recent quarter, Imation is now being sued for allegedly selling blank Blu-Ray discs.
A new bioenergy production plant in South St. Paul is expected to add 20 permanent jobs.
ValueVision Media, previously known for its ShopNBC brand, has rebranded its business and swung to a profit for the first time in years.
Based on the region’s high-performing school districts and low-priced real estate, ZipRealty named the Minneapolis area as the best place to raise a family in the nation.
Shares of Multiband Corporation’s stock jumped 25 percent on news that Goodman Networks will acquire it.
Medical device manufacturer Medtronic has cut about 65 percent of the 2,000 positions it intends to eliminate and beat it’s fourth-quarter earnings expectations.
Target opened a new office in San Francisco that will focus on finding and fostering partnerships for technological innovation.
Delta Air Lines plans to expand its work force at its reservation call center in Chisholm, which currently houses about 500 full-time employees.
The Edina hospital hopes to raise $15 million by the end of 2014 to help fund the $39 million expansion of its emergency center.
Minnesota Commerce Commissioner Mike Rothman announced Wednesday the $14 million settlement with Prudential that pertains to unclaimed death benefits.
Senator Amy Klobuchar discussed how to get more women into the skilled manufacturing work force at a hearing that included a Minnesota CEO who’s had difficulty hiring people.
A former employee of Memory Lane Classics, a car restoration company in Chisholm, was charged Tuesday with wire fraud and transaction money laundering.
Granite City Food & Brewery’s revenue increased by 22 percent and its loss narrowed in its most recent quarter.
A building with 165 luxury apartment units is being built near The Shops at West End in Golden Valley.
ATK will buy firearm designer and manufacturer Savage Sports, whose parent company, Caliber, is a portfolio business of Minneapolis-based Norwest Equity Partners.
Meng Zhou will act as president of Best Buy China and CEO of the company’s Five Star electronics chain.
Chief Financial Officer Sherry Smith was scheduled to leave Supervalu at the end of May but is now staying on until the end of July for an extra $300,000, in addition to her usual salary.
Holiday Stationstores purchased seven of its rival’s convenience stores in Rochester and plans additional growth.
Fifty-seven percent of area residents believe that the local and national economy will improve in the next two years.
Enstratius is Texas-based Dell’s second Minnesota acquisition in recent years.
CBIZ is expanding its Minnesota footprint with the acquisition of Associated Insurance Agents and its 32 employees.
Amid an insider-trading probe, federal prosecutors reportedly subpoenaed Cardiovascular Systems; there have been no allegations of wrongdoing.
A long, cold winter, as well as rate increases in several states, helped boost Xcel's first-quarter financial results.
The Orvis Company purchased Scientific Anglers and Ross Reels from 3M, and plans to maintain the companies’ independence.
Imation’s first-quarter revenue was lower and its loss greater than analysts’ expectations.
The company’s first-quarter earnings dropped due to high poultry costs, prompting it to change the way it determines prices for its wings.
Faegre Baker Daniels went from unranked to number 66 on The American Lawyer’s list of the 100 largest U.S. law firms.
Packaged juice manufacturer Citrus Systems is moving to a new Hopkins facility that is about double the size of its current location.
The restaurant chain’s first-quarter profits fell to $62,000 from $817,000 during the same period in 2012.
A recent feasibility study shows that a new convention hotel in Minneapolis would cost about $300 million, and 41 percent of that cost would need to come from public subsidies.
Ecolab expects to close on the purchase of AkzoNobel’s Purate business in June.
Resort operator Vail Resorts purchased St. Louis Park-based outdoor retailer Hoigaard’s for an undisclosed sum.
The longer than usual winter helped boost Polaris' snowmobile sales, although it hurt parts of the company's business that depend on warmer weather, including motorcycle sales.
TCF Financial CEO Bill Cooper recently told analysts that the company cut 700 branch employees in order to increase efficiency.
Software developer Calabrio moved its headquarters from Plymouth to a 30,000-square-foot office in downtown Minneapolis.
The first three Target stores in Canada were met with mixed reviews as some Canadian customers believed prices were too high.
Metro Transit is seeking to hire more than 100 bus drivers to replace those who will become train operators for the new Central Corridor light-rail system.
St. Cloud-based scrapbooking company Creative Memories filed for bankruptcy for the second time in five years and plans to lay off 163 employees.
Target is now expecting its adjusted first-quarter earnings to be slightly below what it previously projected, but it remains confident in its full-year forecast.
Biotech company BioAmber, which first announced in 2011 that it planned to go public, has lowered the amount that it hopes to raise through its initial public offering.
Atomic Data expects 2013 revenue to reach between $16 million and $18 million in light of the acquisition, which also added five employees to its roster.
Minnesota businessman Jim Graves has thrown his hat in the ring once again, having just announced plans to run against U.S. Representative Michele Bachmann in the 2014 Congressional race.
Known primarily for its recreational vehicles, Polaris has acquired a French automobile company that makes low-speed personal vehicles, as well as commercial vehicles.
The U.S. Postal Service still expects to add 400 new carrier assistants in Minnesota despite Congress’ move to thwart a shortened mail week.
The high cost of feed ingredients fueled by a national drought was among the factors that caused Cargill’s third-quarter earnings to drop from $766 million to $445 million.
Governor Mark Dayton focused on higher education and Capitol renovations in his $750 million bonding proposal, which also calls for Nicollet Mall to be reconstructed.
David Kaysen, president and CEO of Minnetonka-based Uroplasty, stepped down from his roles on April 5.
The Mill in Northeast Minneapolis is closing its doors after about a year of hosting a collaborative workspace for local builders and designers.
Best Buy will house mini Samsung retail stores within all roughly 1,400 of its locations.
CHS’ energy segment saw quarterly earnings triple, helping to push the company’s total earnings past its 2008 record.
Oppidan Investment announced plans for a new office building in North Dakota’s booming Bakken region where it has recently invested in real estate developments.
Construction on the new downtown Duluth office tower that will house Maurices’ national headquarters will not begin until spring 2013, about 6 months later than projected.
Pinnacle, the regional carrier of Delta Air Lines, plans to hire hundreds after moving its headquarters from Memphis to the Twin Cities.
The locked-out workers are meeting to vote on American Crystal Sugar Company’s contract offer, which remains nearly unchanged since 2011, for the fifth time.
Shippers are having trouble hauling their full cargo loads on Lake Superior because water levels are well below their monthly averages.
Edina-based clean energy developer Geronimo Energy recently announced that it has acquired Midwest Wind Energy’s development portfolio.
The Minnesota Sports Facilities Authority is accepting bids from local and national food and beverage vendors wanting to serve football fans at the new Vikings stadium.
The Department of Transportation’s plan to complete $1.1 billion worth of road construction projects this year may cause heavy delays and traffic this summer.
The former owner of Kieran’s Irish Pub and founder of 2 Gingers Irish Whiskey is offering his talents to emerging food and beverage businesses.
Governor Dayton chose DFL attorney David Lillehaug to replace Justice Paul Anderson on the Minnesota Supreme Court.
In an attempt to meet the increasing demand for faster Internet, Comcast will boost the speeds on three of its plans starting Tuesday.
After dropping its frozen pizza manufacturing sector, Austin Packaging will reportedly cut 125 employees from its staff of 250.
Entrepreneurs seeking exposure and a share of $200,000 in start-up capital have until May 17 to submit their proposals.