The Hamm’s Brewery shut down on the East Side of St. Paul more than two decades ago in 1997. Since then, a few new businesses have opened up on the
Staff’s archive
Pandemic or not, investors are still betting on a wide variety of local startups. In the big picture, medtech and health care products remain a top category—which is no surprise,
Minnesotans don’t like to talk about anything involving finances—that’s just a little too personal, thank you. How about that weather? Geez. It could be worse. That modesty is why the
Eden Prairie-based NeuroOne Medical Technologies Corp. is raising $12 million through a secondary offering of its common stock. The medical technology company is selling 3.75 million shares at $3.20 per
St. Louis Park-based Lifespark has closed on $20 million of Series B financing. The new money will help fund advancements to the company’s proprietary technology platform. Lifespark offers personalized, proactive
Richfield-based electronics retailer Best Buy Co. Inc. continues its expansion into health care technology by signing a deal to acquire the United Kingdom-based Current Health Ltd., a “care-at-home technology platform.”
On Friday the Minneapolis City Council approved the Upper Harbor Coordinated Plan, which outlines a $350 million redevelopment of city-owned land on the Mississippi River in North Minneapolis. The project
The health and fitness industry was hit hard by the pandemic last year. Clubs everywhere were simply shut down for extended periods. Chanhassen-based Life Time Group Holdings Inc. saw its
Philadelphia-based cable giant Comcast Corp. is awarding $1 million in grants to Twin Cities businesses owned by people of color. The Comcast RISE Investment Fund will grant $10,000 each to
Chanhassen-based Life Time Group Holdings Inc., a fitness and lifestyle chain, became the seventh Minnesota company to go public this year. Life Time went public today issuing 39 million shares
Richfield-based Best Buy Co. Inc. on Tuesday announced that its new membership program Totaltech is now available nationwide. The program, which includes unlimited Geek Squad support, costs $199.99 per year.
As president and CEO of Land O’Lakes, Beth Ford is already well known in Minnesota business circles. As of yesterday, she will now be on the radar of people on
The Minnetonka-based Opus Group has broken ground on a rarely seen type of project: a new industrial building inside the city limits of Minneapolis. Opus has started construction on the
Monday morning marked the official media introduction of Minnesota Timberwolves and Lynx owners-to-be Alex “A-Rod” Rodriguez and Marc Lore at a short press conference in downtown Minneapolis. The pair was
Charlie Kratsch is no medical professional. He’s a tech entrepreneur. He founded Blaine-based Infinite Campus, which manages student data for K-12 schools nationwide, in 1993. The company now has more
The travel business has been among those hit hardest by the Covid-19 pandemic. Minnesota-based CWT, long known as Carlson Wagonlit Travel, has not been immune. Earlier this year the company
Minneapolis-based developer United Properties is one step closer to completing the 37-story RBC Gateway tower at the north end of the Nicollet Mall in downtown Minneapolis. Last week, United Properties
Early Tuesday morning, Minneapolis-based U.S. Bancorp announced that it has an agreement to buy MUFG Union Bank for approximately $8 billion. The deal primarily strengthens U.S. Bank’s footprint in California.
As the Covid-19 pandemic grinds on, the Minnesota Department of Employment and Economic Development (DEED) has stepped up with another program to help struggling businesses. The Main Street Covid Relief
Minneapolis-based Flywheel Exchange Inc. has closed on a $22 million Series C financing round. The company’s statement on Wednesday indicates “more financing [is] expected in the coming weeks.” Flywheel just