In a surprise move announced late Tuesday afternoon, St. Paul-based American Public Media Group announced that the board is beginning a search to replace Jon McTaggart, its current president and
Staff’s archive
Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., is one of the biggest names on Wall Street. But on Monday Dimon was “in” Minneapolis, appearing virtually via Zoom
Minneapolis-based Bright Health remains a money magnet like no other in Minnesota. On Tuesday morning the company announced raising another $500 million in financing through its Series E funding round.
Shoreview-based Deluxe Corp. has signed a lease for 94,000 square feet at 801 Marquette to relocate its headquarters to downtown Minneapolis. The move comes at a time when many are
“It’s tough to make predictions. Especially about the future.” So said Yogi Berra, a New York Yankees catcher elected to the Hall of Fame and an unlikely Zen guru. Berra
The powder keg of relations between the Minneapolis Police Department and the city’s Black community exploded again on Wednesday night. The police were in pursuit of a suspect in a
Terry Robertson, president and owner of Plymouth-based C-Alan Homes, is a luxury home builder. But now he envisions building triplexes in north Minneapolis, where luxury homes are scarce. “I’d like
Though the overall economy may be bumpy amid the pandemic, the Twin Cities housing market seems to be firing on all cylinders. Buyer demand is strong, but the inventory of
The state’s unemployment rate for July dropped to 7.7 percent, down from 8.6 percent in June, according to the latest numbers from the Minnesota Department of Employment and Economic Development.
New York-based JPMorgan Chase & Co. is one of the titans of Wall Street. Among big banks in the U.S., JPMorgan Chase is the biggest. But on Tuesday morning, the
Not every construction project is a new apartment building. In the Kingfield neighborhood of South Minneapolis, the Center for Performing Arts is undertaking an expansion that will more than double
Maple Grove-based Nortech Systems Inc. announced Tuesday that it will close its production facility in Merrifield, a township close to Brainerd. A filing with the Minnesota Department of Employment and
The Covid-19 pandemic has hammered the retail business. Mandated shutdowns meant that sales evaporated for retailers. News of fresh bankruptcy filings from large national retailers seem to land almost daily.
During the Great Condo Boom of 2003–2006, developers couldn’t build enough units, and everyone seemed to want one. These days? Not so much. While single-family homes are seeing solid gains
The Covid-19 has been disastrous for retail real estate and brought clouds of uncertainty to the office market. But the industrial property sector remains largely healthy. A new Industrial Outlook
Digital consultancy Nerdery inked a deal earlier this year for 65,000 square feet of space at 7700 France Avenue in Edina. The move is now imminent. Nerdery will relocate from
Fridley-based CardioMech Inc. has just closed on a very healthy round of Series A financing: $18.5 million. CardioMech is developing a “catheter-based mitral valve repair technology as an alternative to
St. Paul-based American Public Media, parent of Minnesota Public Radio, is hiring again not long after implementing layoffs and a separate round of employee buyouts. The public radio nonprofit has
There is currently not a single 7-Eleven location in the state of Minnesota. In the wake of a mega-deal announced on Sunday, that’s likely to change. Irving, Texas-based 7-Eleven has
Minneapolis-based retailer Target Corp. and workforce development nonprofit Summit Academy OIC are teaming up in north Minneapolis. Target is providing space for Summit Academy to expand its operations and open