Rochester-based LEAH Labs is another Minnesota biotechnology company, but the future patients for the company’s technology are dogs, not people. The company is working to develop a treatment for cancer
Author’s archive
A new analysis of commercial real estate loans backed by multifamily properties found “areas of concern starting to appear in major U.S. markets.” That’s according to New York-based Trepp, which
Biotechnology startups seem to be everywhere in Minnesota. But Plymouth-based Celcuity Inc. has broken away from the pack and is suddenly very big on investors’ radar. On Thursday, April 8,
Minneapolis-based U.S. Bancorp saw its first quarter revenue drop by 5.2 percent to $5.47 billion. That was roughly on par with a 5 percent decline in interest income compared to
Minneapolis-based Bright Health Inc. didn’t have to look far for its latest acquisition. Bright Health just acquired Zipnosis Inc. Both companies are based in the North Loop area of downtown
San Francisco-based Wells Fargo & Co. and Minneapolis-based nonprofit Project in Pride for Living (PPL) have inked a letter of intent to redevelop the heavily damaged bank site near the
The Minnesota Department of Employment and Economic Development (DEED) announced awarding Launch Minnesota Innovation Grants totaling $376,075 to 15 startup companies. The latest awards mean that the total $3.2 million
[Editor's note: This story has been updated since its original posting.] Florida-based Eclipse Advantage is ending operations at a plant in Maple Grove, laying off 208 employees. According to a
Retail sales in the state of Minnesota were up in December, but lower than the average gain across the U.S. According to the U.S. Census Bureau, Minnesota retail sales were
The pandemic year of 2020 was one of the toughest ever for restaurants everywhere. So how exactly did Minnetonka-based BBQ Holdings Inc. – the company long known as Famous Dave’s
Minneapolis-based Bright Health Inc. is on a different planet than any other Minnesota startups. To date the company has raised more than $1.5 billion in financing. Now a report has
Minneapolis-based Charlie & Co. Design Ltd. is nowhere near the largest tenant in downtown Minneapolis. The firm, which focuses on designing single-family homes, has 10 employees. But by the end
The inventory of homes for sale is thin and interest rates remain historically low. That means Twin Cities home builders are very busy. Housing First Minnesota reported that builders pulled
Portico Benefit Services has inked a lease to exit downtown Minneapolis. The nonprofit has a deal to relocate to 7700 France in Edina. Portico occupies about 60,000 square feet in
The state of Minnesota added 13,900 jobs in February as the state unemployment rate dropped to 4.3 percent. The Minnesota Department of Employment and Economic Development (DEED) released the latest
The Destination Medical Center Corp. in Rochester reported that the city drew $144.1 million in private investment in 2020. But amid the pandemic that was down $128 million compared to
The Minnesota Chamber Foundation is calling new attention to the importance of immigrants to the state’s economy. The foundation released a new report on Tuesday to make its case. “The
The Iron Range Resources & Rehabilitation Board (IRRRB) established a $5 million business loan program in June 2020 designed specifically help companies in its region. IRRRB Commissioner Mark Phillips told