The company, which recently changed its name to Holaira, employs about 20, roughly half of whom have joined since its move to Plymouth.
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Lawyers for Subramanian Krishnan and the U.S. Securities and Exchange Commission reached a “tentative settlement,” which must be approved by the SEC in Washington, D.C., a process that can take several months, before being sent to a judge for approval.
A plan from The Minnesota Sports Facilities Authority calls for 11 percent of Vikings stadium construction contracts to go to women-owned firms and 9 percent to minority-owned businesses; only work by Minnesota companies will count toward the goal.
A proposed expansion of taxes to business services could cause some local businesses to cut jobs or relocate; meanwhile, a Wisconsin lawmaker is trying to lure disgruntled companies across the border.
The company’s fourth-quarter earnings per share, announced Tuesday, were slightly lower than what analysts were expecting—and its CEO acknowledged that C.H. Robinson is off to a slow start this year in its North American trucking logistics business.
However, same-store sales were strongest in the food and health and beauty categories, and company CEO Gregg Steinhafel said consumers are shopping “with discipline in the face of a slow economic recovery” and new pressures like payroll tax increases.
Mortenson Construction is one of two firms still in the running, but its competitor, Arizona-based Hunt Construction, has ramped up efforts to win the contract by partnering with Kraus-Anderson Construction.
The company’s Twin Cities work force and locations will reportedly not be affected.
Anytime Fitness and Code 42 Software were recognized as two of the top 100 privately held, high-growth businesses.
The 400 part-time city carrier assistants will be needed during periods of heavy mail volume and will reduce the amount of overtime worked by other employees.
Coca-Cola’s chief executive has been elected to 3M’s board of directors; meanwhile, 3M’s CEO said the company’s new dividend and share repurchase program reflect “confidence in 3M’s future.”
A new study analyzed how each of the 50 states and the District of Columbia handled the voting process during the 2008 and 2010 elections, and Minnesota is among seven “high performers.”
Minnesota is behind only five other states in terms of annual tax revenue loss stemming from corporations and wealthy individuals shifting profits offshore.
The University of Minnesota, Carleton College, Macalester College, and St. Olaf College were among 150 colleges recognized based on assessments that examined data covering academics, cost, and financial aid.
Construction on a total of 1,344 new Twin Cities homes began last quarter, up 57 percent from the same period in 2011 and the largest fourth-quarter growth since 2007.
The recently released figure gives the first and only indication to date about how the Natick, Massachusetts-based company’s ongoing restructuring is affecting its local work force.