The electronics retailer is selling its stake in a European joint venture for roughly half of what it initially invested in the business; but analysts expected the divestiture, and investors responded positively.
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The new report also found that the hunting and fishing industries support about 48,000 Minnesota jobs.
Golden Valley-based Steele Fitness and athletic wear maker Under Armour will open a retail store in Edina in May that features co-branded collections and Under Armour athletic apparel.
To compile the list, national magazine Fast Company assessed the launch rate of private-sector businesses and the percentage of people starting a new business and how it’s changed over time.
Next month, South Dakota Governor Dennis Daugaard will visit with shoppers at the Mall of America, answer questions about career possibilities in the state, and encourage Minnesotans to consider relocating to South Dakota.
"If a business has to go under, I'd prefer that it be a chain," Nancy Breymeier, co-owner of the Amore coffee shop, said.
Packaged juice manufacturer Citrus Systems is moving to a new Hopkins facility that is about double the size of its current location.
A new 70-foot bar called the Beer Dabbler Bullpen will debut May 11 at the Saint Paul Saints’ Midway Stadium; it will also feature merchandise from craft breweries
Musicians agreed to salary cuts, and the orchestra will be reduced in size; players are now calling for the appointment of a new leader for the orchestra’s management organization, one that would replace its interim president.
Just three weeks after announcing her campaign for political office, Sona Mehring, CEO of nonprofit CaringBridge, said she has left the race and will remain at the organization that she founded.
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.
If convicted, Michael Krzyzaniak, who was already serving a 12-year prison sentence, could have five more years tacked on for fleeing a prison camp.
The company said that the cost of expansion has made it difficult to meet Nasdaq’s listing requirements; beginning Friday, its shares will be traded on the OTCQB marketplace.
A push for new regulations over corporate political donations is facing opposition from business groups.
Ernst & Young, LLP, announced the competition’s finalists for the Upper Midwest region, 20 of whom are leaders of Minnesota-based companies.
Resort operator Vail Resorts purchased St. Louis Park-based outdoor retailer Hoigaard’s for an undisclosed sum.
Ecolab expects to close on the purchase of AkzoNobel’s Purate business in June.
Supervalu, which is now about half of its previous size following the sale of several brands, reported a widened loss and declining sales, but analysts responded positively to remarks from the company's new CEO.