Three local real estate developers submitted proposals to develop parking facilities near the new Vikings stadium development; stakes are high for Ryan Companies, which must win the contract in order to begin a planned $400 million redevelopment project involving a five-block area surrounding the stadium site.
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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.
The PR firm’s local office made the cuts because revenue projections are “modestly less” than it previously anticipated.
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 trial for James Fry, who pleaded not guilty to charges related to Tom Petters’ Ponzi scheme, is reportedly expected to last two to three weeks.
Target opened a new office in San Francisco that will focus on finding and fostering partnerships for technological innovation.
Vascular Solutions’ CEO called a Boston Scientific product “one of the most blatant plagiarisms of a patented medical device that I have ever encountered”; Boston Scientific, meanwhile, said it believes the lawsuit is “without merit.”
The Greater North Dakota Chamber said it’s “making a strong case for business to come across the border,” and the campaign’s first billboard has drawn criticism from within Minnesota.
“Businesses go where there is infrastructure and where people want to live.”
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.
Minnesota Commerce Commissioner Mike Rothman announced Wednesday the $14 million settlement with Prudential that pertains to unclaimed death benefits.
The company—which has offered car sharing on the University of Minnesota campus since 2005—has placed 40 vehicles throughout the city, and its rates range from $8.75 per hour to $72 for a 24-hour period.
The Minnesota House already approved and the Senate is poised to vote Thursday on the bill, which would provide as much as half a year in additional unemployment benefits to idled workers during labor disputes.
Downtown Minneapolis restaurant Union is losing its top chef, who plans to open his own restaurant at the corner of 27th Street and Lyndale Avenue.
A state official called April a “pretty bad month” but said that the slight decline in the unemployment rate signals a longer-term, more positive trend.
The Edina hospital hopes to raise $15 million by the end of 2014 to help fund the $39 million expansion of its emergency center.