Technology retail giant Best Buy is committing up to $10 million to Minneapolis-based Brown Venture Group’s inaugural fund. Brown Venture Group was established in 2018 to support BIPOC tech entrepreneurs.
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The Dayton’s Project redevelopment in Minneapolis, a project many have seen as important to the revitalization of downtown, is mired in litigation. New York-based developer 601W Companies sued New York-based
Bloomington-based Bright Health Group reported its first quarterly financial results as a public company on Tuesday. Bright Health has seen stratospheric growth since it was founded in 2015. For the
Twin Cities homebuilders pulled permits in July for 640 single-family homes, an increase of 10 percent compared to the pace last July. The latest numbers were released on Friday by
A Maple Grove man pleaded guilty on Wednesday to fraudulently applying for more than $9.6 million from the U.S. Small Business Administration’s Paycheck Protection Program (PPP), a program established to
Italian manufacturer PA S.p.A. is opening its first-ever location in the United States this fall. But it won’t be in a big city on the East Coast or West Coast.
Employers everywhere are scrambling to hire employees. Many are offering higher pay, more perks and other incentives to lure applicants. Companies are dueling each other to offer the most attractive
Bloomington-based Bright Health Group announced Wednesday that Andy Slavitt, a high-profile expert in the world of health care business, is rejoining the company’s board effective Aug. 1. Slavitt originally joined
Three of Minnesota’s Fortune 500 companies have reported strong second quarter financial results within the last 24 hours. The numbers from Maplewood-based 3M Co., Medina-based Polaris Inc. and Minneapolis-based Ameriprise
A former Twin Cities area employee of Illinois-based Abbott Laboratories has filed a lawsuit against the med tech giant alleging sexual harassment, discrimination based on gender and age, retaliation, failure
Five years ago, Dick Enrico sold his successful 2nd Wind Exercise Equipment retail chain. But Enrico isn’t one to hit the golf course and reminisce about the past. He has
Huntington Bancshares Inc. completed its acquisition of TCF Financial Corp in mid-June. The deal means that the TCF name will eventually disappear from bank branches in the Twin Cities. It
Minneapolis-based U.S. Bank and Enterprise Community Partners, based in the Washington D.C. area, have teamed up to create a novel financial product: a racial equity bond to support BIPOC developers
By most accounts the post-pandemic economic recovery is in full swing. The stock market is soaring, consumer confidence is up, live sports are back, and people have resumed traveling. But
St. Louis Park-based Bridgewater Bank announced Tuesday morning that it will increase its minimum wage for full-time employees to $20 per hour, starting on August 1. “As the premier entrepreneurial
How crazy is the current for-sale housing market? Take a look at Richfield. The city has never been anyone’s idea of a sizzling metro housing market. It’s a first-ring suburb
Being a big bank is no longer good enough for customers. Regardless of bank size, if a lender wants to attract and retain business clients, it needs to be a
The brand new 10 West End office building is one of the most expensive places to rent office space in the metro. But although the building just opened in January,