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
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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
Gary Cunningham spent years in the trenches working to build economic opportunity for African-Americans and other people of color in the Twin Cities. Most recently, Cunningham served as president and
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
The upscale Galleria shopping center is no longer on the market for sale. In January, Twin Cities Business reported that the property was on the market after reviewing marketing materials
Minneapolis-based Target Corp. saw a strong uptick in revenue and comparable sales for its first quarter, driven by customers shopping for essentials during the ongoing Covid-19 pandemic. The strongest results
Warren Buffet recently unloaded some shares of Minneapolis-based U.S. Bancorp. Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc. dumped nearly 500,000 shares of U.S. Bank in sales on May 11 and 12, according
The latest Fortune 500 list rolled out on Monday morning: Minnesota has 16 companies on the list. The state’s ranking of Fortune 500 companies has been slipping in recent years.
At the outset of the year, most analysts had drawn up tidy forecasts of the year ahead. Growth was expected to slow down a bit, but only slightly. The economy
Former Minneapolis Mayor R.T. Rybak was a big booster of a plan to bring streetcars, gone since the 1950s, back to the city. In 2013, Rybak’s final year in office,
The Covid-19 crisis is hitting the media business hard everywhere. Large, established nonprofits like St. Paul-based Minnesota Public Radio/American Public Media are no exception. In response, 14 MPR/APM staffers have
On Monday, Star Tribune management and tech staffers were trying to determine if hackers had breached the company’s web site. “A couple of tech sites are reporting about a hacking group that
At the end of February many Minnesota restaurants and hospitality businesses complained that they couldn’t find enough workers to fill open jobs. The issue had been plaguing nearly every industry