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
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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
Maple Grove-based Francis Medical has closed on a $55 million Series B financing round. Francis Medical president and CEO Mike Kujak says that the financing is effectively “three years of
Minnesota added jobs in August, but the numbers were a little underwhelming. The state’s Department of Employment and Economic Development (DEED) announced Thursday morning that 4,300 jobs had been added
It’s been a year like no other for Minnesota companies going public through initial public offerings. Now Chanhassen-based Life Time Group Holdings Inc., the fitness chain that is expanding into
On Tuesday, the Minnesota Department of Employment and Economic Development (DEED) reported another strong sign of economic recovery: Minnesota’s second-quarter exports were up 29 percent compared to the pandemic-pummeled time
Austin-based Hormel Foods Corp. is something of an outlier in Minnesota business circles. It’s one of only two Fortune 500 companies in the state that is not based in the
On Tuesday, the U.S. Securities and Exchange Commission charged a Shakopee couple with fraud for allegedly operating a long-running Ponzi scheme that fleeced approximately 200 investors out of $17.6 million.