At the outset of the year, there was talk of two buzzy national fitness companies, New York-based SoulCycle and Los Angeles-based Barry’s Bootcamp, planning their first locations in the Minneapolis
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More than 400 companies have decided to pause advertising on social media giant Facebook for the month of July as part of the burgeoning “Stop Hate for Profit” movement. Minneapolis-based
Bloomington-based JR Hospitality and Iowa-based Hawkeye Hotels broke ground on a new, double-branded hotel project in downtown Minneapolis in March. The project will have two hotel flags, Cambria and Fairfield
Minneapolis-based Jamf Holding Corp. has filed documents outlining an IPO for the maker of Apple device management software. Jamf had made a confidential filing with the U.S. Securities and Exchange
Civil unrest in the wake of the death of George Floyd left hundreds of small business owners facing extensive damage or destruction of their businesses. But some of the largest
Minnesota medical entrepreneurs can still raise money for treatments and technology completely unrelated to Covid-19. Roseville-based med tech startup Cryosa just wrapped up its Series A-2 financing round, raising $8.25
As the Covid-19 pandemic grinds on, the economic fallout continues. An increasing number of Twin Cities restaurant owners have decided not to reopen at all — even after the pandemic
Shakopee-based Canterbury Park Holding Corp. has struck another deal to continue the development of its 140-acre Canterbury Commons site. Canterbury Park and Shakopee-based Greystone Construction have formed a joint venture
In the wake of damage to many Lake Street businesses after the death of George Floyd, the nonprofit Lake Street Council had an idea to set up a fund to
How much is the Covid-19 pandemic hurting employment in Minnesota? The Minnesota Department of Employment and Economic Development (DEED) released the latest numbers on Thursday morning: the state’s unemployment rate
Minneapolis-based Regis Corp., a hair salon owner, operator and franchisor, was already in the process of overhauling its business model when the Covid-19 pandemic hit. The company reported third quarter
Chanhassen-based fitness chain Life Time Inc. plans to lay off 301 employees due to the ongoing economic fallout from the Covid-19 pandemic. The company will lay off 250 employees from
Carver-based Lakeview Industries works with manufacturers to produce a range of custom parts. But given the ups and downs of today’s manufacturing economy, its core business is down. “A lot of our
Everyone was waiting to see the latest federal jobs and unemployment statistics, which were released early Friday morning. The two most closely watched numbers were a better-than-expected surprises: Employers added
Amid the economic fallout from Covid-19, few industries are being spared layoffs. Stratasys Ltd., a 3D printer manufacturer with dual headquarters in Eden Prairie and Israel, announced Tuesday that it
On Thursday morning, Minnetonka-based UnitedHealth Group Inc. announced its investment of another $100 million to help build affordable housing across the U.S. This raises the company’s total investment in affordable
St. Paul-based developer Wellington Management Inc. woke up on Thursday morning to find its under-construction, 190-unit apartment project in its Minnehaha Commons redevelopment near the intersection of Lake Street and
The Rosedale Center shopping center in Roseville closed its doors on Thursday in response to protests that seemed to be getting closer to the mall. Rosedale representatives issued a two-sentence
As the economic fallout of Covid-19 continues, the owners of the Mall of America in Bloomington are falling behind on mortgage payments for the largest shopping center in the U.S.
Everyone knew that the numbers would be bad. The only question was, “How bad will they really be?” Now we know. On Thursday the Minnesota Department of Employment and Economic