The new economic development organization plans to roll out a marketing campaign for the region-and it has set a goal of helping the area add 100,000 jobs in the next five years, or about 25 percent more than the number of jobs expected to come through natural growth.
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The Metropolitan Council, which oversees wastewater plants in the metro area that send water into the Mississippi River, reportedly believes that proposed state regulations could cost it millions of dollars-and says 3M should have to pay for some or all of the costs because the company's practices led to the new rule.
A new 64-page report outlines ways to reduce racial employment disparity in the Twin Cities, which reportedly has the highest such disparity among the nation's largest metro areas.
In a letter to shareholders, Regis discussed its recent proxy battle with activist investor Starboard-stating that the investor is "advocating uninformed and irresponsible cost-cutting that puts the Regis franchise at risk."
Verso Paper Corporation plans to cut coated-paper capacity by 193,000 tons annually at two U.S. mills.
A recently posted video by an Envoy Medical patient went viral-and it reportedly increased sales inquiries received by the company by 150 percent.
Atmosphere Recovery was named a regional winner and won a prize package worth up to $20,000-and Sheerwind won a regional sustainability award, which includes $10,000 in cash and in-kind services; both will compete at a national competition next month.
General Mills ranked second on Forbes magazine's list of the top 100 brands in the world-ahead of Google and Apple; Target and Best Buy ranked 21st and 34th, respectively.
Plato Learning's newest proposal calls for it to acquire all shares of Renaissance Learning for about $496 million-or roughly $16.90 per share-but the majority owners have pledged their shares to a $455 million buyout offer from a European private equity firm.
Total grants made in the state decreased 9.3 percent in 2009 from 2008, compared to a 5 percent drop between 2007 and 2008.
The Edina-based company said that its purchase of California-based Qumu will give it a strong presence in the rapidly growing video communications market.
Amid sluggish national economic growth, the State of Minnesota collected $59 million more in taxes during the first quarter than it had projected.
Sun Country Airlines' "Winter-Is-Just-Around-the-Corner" sale features one-way fares starting at $79, and comes on the heels of a similar-and successful-promotion last month.
The RiverBank, whose six branches have reopened as branches of Central Bank, is the second Minnesota bank to be shut down by state regulators this year; the first, Rosemont National Bank, was closed in April.
Thomas Sargent and Christopher Sims-both former faculty members of the University of Minnesota-jointly won the 2011 Nobel Prize in Economics.
Xcel says that a new federal regulation that is supposed to reduce coal-fired power plant emissions does not give the company enough credit for emissions it has already reduced at two plants in the Twin Cities.
A new video provides a look inside Fulton's downtown Minneapolis brewery, as well as some insight into the beer making process from co-founder Brian Hoffman.
Same-store sales rose 5.3 percent in September, more than the 3.9 percent anticipated by analysts, prompting shares of the company's stock to jump 5 percent Thursday morning.