Plymouth-based retailer Christopher & Banks Corp. filed for Chapter 11 bankruptcy on Wednesday as the company’s sales have been pummeled by the Covid-19 pandemic. It’s possible that Christopher & Banks,
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Maybe you’ve never heard of Excelsior Energy Capital. But that’s about to change. The Excelsior-based renewable energy investor just closed on its first-ever fund, backed by an eye-popping $504 million.
More and more Fortune 500-level companies in Minnesota are deciding to take a deep breath and take a “pause” on making political contributions in the wake of the breach of
Minneapolis-based retailer Target Corp. has joined the list of corporate citizens who are suspending all political donations in the wake of a violent mob breaching the U.S. Capitol last Wednesday.
Minneapolis-based U.S. Bancorp has announced it will take a break in making any contributions from its political action committee as the result of mobs breaching the U.S. Capitol last week.
The abandoned Four Seasons Mall in Plymouth looks like it would make a good backdrop for a zombie movie. But zombie time is running out. It will be razed for
Maybe the strongest indication about the robust growth of Minneapolis-based Bright Health is the number of current job openings the company has posted. On Friday morning, the company’s website listed
Illinois-based Commercial Plastics Co. notified the state of Minnesota on Wednesday that it will close its Lakeville manufacturing facility at the end of April. The move means 122 Commercial Plastics
Most businesses are more than glad to close the door on 2020. But amid the pandemic, higher unemployment rates, political uncertainty, and social unrest, home builders had a great year.
Mark Davis is the dean of medical office real estate in the Twin Cities. His Minneapolis-based firm Davis handles just about everything connected to health care real estate: leasing, development,
Despite fears about public safety over this summer, there’s not much strong evidence yet that big companies are fleeing downtown Minneapolis en masse. On Wednesday, Minneapolis-based law firm Fredrikson &
Happy days are here again? Not quite. For the month of November, Minnesota’s unemployment rate dropped to 4.4 percent, down from 4.6 percent in October. After several months of declines,
Minneapolis-based video technology company Qumu Corp. is getting rid of its office space. The company just unveiled its new “Work From Wherever, Forever” policy which makes remote work its permanent
MacKenzie Scott, ex-wife of Amazon.com founder and leader Jeff Bezos, announced on Tuesday that she had donated $4.15 billion over the last four months to charities across the U.S. Scott,
The TCF brand name, long-standing in Twin Cities banking circles, is going away. On Sunday night TCF Financial Corp. and Columbus, Ohio-based Huntington Bancshares Inc., announced an all-stock merger to
For just about everyone in commercial real estate, the Covid-19 pandemic has brought economic challenges. Many offices are sparsely occupied, and the leasing outlook is uncertain. Many retail tenants are
The Target Foundation has unveiled more than $5 million in donations to more than 70 Twin Cities nonprofits as part of its “Hometown Racial Equity Grants” program. The money is
Plymouth-based retailer Christopher & Banks Corp. revealed that the company is weighing “strategic alternatives,” which could include the sale of the company or filing for bankruptcy. The company has retained