The scope and duration of the oil boom expanded recently when the projection of the oil that's recoverable in the Williston Basin nearly doubled.
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Several local companies—including Summit Brewing, Salty Tart, and Andrew Zimmern’s own AZ Canteen—were nominated for awards, which recognized the nation’s best in 20 food-related categories.
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.
Meng Zhou will act as president of Best Buy China and CEO of the company’s Five Star electronics chain.
A “clerical error” on the part of Minneapolis-based Rust Consulting led to 96,000 borrowers across the country being sent checks for less than the amount they were owed; this is the second error that the company has made as part of the national check distribution—and both have received national attention.
One Twin Cities orchestra has called off its remaining concerts this season, while another resumed performances and picked a new, albeit familiar, leader.
Fair State Brewing, which plans to open in December or January, claims to be the only cooperatively owned brewery in Minnesota.
Retail giant Target has launched a new website called “Cartwheel,” which allows bargain hunters to interact and shop via Facebook.
ViroMed Laboratories will begin reducing its staff on July 1.
The value of Minnesota’s exports rose $246 million in 2012, an increase of 1.2 percent and enough to set another annual record; the state’s top export category was machinery.
AGCO, which makes and distributes agricultural machinery, plans to invest $42 million over the next three years to expand its plant in Jackson.
The acquired company, Sensational Beginnings, will function as a sister company of Creative Kidstuff under the umbrella of a new holding company.
Totally Interactive Weather says that its new TriggerEx technology platform will allow advertisers to deliver more relevant campaigns.
Enstratius is Texas-based Dell’s second Minnesota acquisition in recent years.
The salon company reported a more modest decline in same-store sales, but its revenue and adjusted earnings fell short of analysts’ predictions.
UnitedHealth Group retained its spot as Minnesota’s highest-ranking company on the just-released list, and it moved up five spots from last year, ranking 17th overall.
Fifty-seven percent of area residents believe that the local and national economy will improve in the next two years.
The agreement, which the University of Minnesota’s board of regents will vote on Friday, aims to enhance the relationship between Fairview Health Services, the U of M, and University of Minnesota Physicians, while also improving patient care, education, and research.