The Minnesota Housing Partnership also found that about half of Minnesota renters paid more than they could afford for their homes in 2010.
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After the Department of Justice threatened to sue, 3M Company and Avery Dennison Corporation said that they will address antitrust concerns in order to receive regulatory clearance for 3M’s proposed acquisition of Avery Dennison’s office products unit.
New York Mills-based Lund Boat Company and its parent company reached a settlement with the federal government over alleged hiring discrimination; the companies admitted no wrongdoing.
Life Time acquired New Leaf software and support materials, product inventory, trademarks, and websites from MGC Diagnostics.
Anser Innovation’s PetChatz device, through which pet owners can communicate with their furry friends remotely and even dispense treats, is one step closer to a launch.
Lennar is adding “home-within-a-home” floor plans to its Minnesota product lineup; the company said it is tapping into a growing trend of multiple generations living together.
The fair attracted 1,788,512 people this year—up 1 percent from last year’s attendance and narrowly missing the all-time record set in 2009.
The Nicollet Mall property hopes to transform itself into a luxury hotel that will compete with the Hilton Minneapolis and the Hyatt Regency Minneapolis—and that will attract more corporate travelers during the work week.
Construction of 36 Park, a 192-unit luxury apartment building, is expected to be completed in March.
Buffalo Wild Wings isn’t the first Minnesota company expanding to western North Dakota, where oil production has spiked in recent years.
If the deal is approved, the merged company will have 1,500 physicians and operate under a single board of directors.
Rêve Consulting blends “technical acumen and heart” in their strategic consulting practice.
Eleven massive propeller pumps designed by Pentair are diverting water away from levees in New Orleans. Twin Cities companies, meanwhile, are watching to see what effect the storm has and what they can do to help.
CEO Wayne Sales said Wednesday that a restructuring of Supervalu’s leadership team is “designed to address two of our most immediate priorities: driving profitable sales in our retail stores and taking costs out of the business.”
Wells Fargo’s NeighborhoodLIFT program will offer down payment assistance of up to $15,000 to qualified homebuyers seeking to purchase a home in Minneapolis or St. Paul.
Same-store sales rose 4.2 percent, a more significant jump than the 3 percent expected by analysts that Thomson Reuters polled.
More than half of the openings are in the Twin Cities, and nearly two-thirds are at mid-sized companies—those with 10 to 249 employees.
Golden Valley-based furniture company Room & Board and the Roseville City Council are the latest to announce that they formally oppose the so-called "marriage amendment."