A U of M mechanical engineering professor’s startup is the winner of this year’s MN Cup competition. The startup, known as BlueCube Bio, builds products that help preserve specialized cells
Staff’s archive
Charlie Weaver wants to convince Minnesotans and policymakers that big business isn’t a bad thing. That’s not entirely surprising; that’s part of his job as executive director of the Minnesota
A range of struggling boutiques, restaurants, and art galleries will soon find a new temporary home at the Mall of America. On Monday, the mall said it plans to provide
Minnesota’s unemployment rate dropped for the third month in a row in August, though state officials are bracing for a possible economic downturn over the fall and winter. Last month,
3M on Monday pledged to spend $50 million on racial equity initiatives over the next five years. That will include $5 million in scholarships through the United Negro College Fund,
Another Minnesota mall has fallen behind on its mortgage payment. On Monday, commercial real estate data firm Trepp LLC reported that the Crossroads Center mall in St. Cloud is delinquent
How do you provide a space to network when most people are still stuck at home? That’s the question Casey Shultz has been pondering this summer. As executive director of
As of 2019, Black employees made up just 15 percent of Target Corp.’s total workforce. Over the next three years, the retailer hopes to boost that figure by at least
The Mall of America plans to lay off more than 200 workers by the end of the month. In a letter to the state’s jobs agency, MOA officials said a
Christy Hatcher says ketamine saved her son’s life. After suffering from treatment-resistant depression and experiencing suicidal thoughts for years, ketamine caused his suicidal ideations to disperse quickly. Impressed with the
Fortune continues to smile on many of Minnesota’s biggest companies, even during economic turmoil. Retail giants Target Corp. and Best Buy late last month reported strong earnings growth during their
Seemingly out of the blue, a new labor movement has emerged in the Twin Cities’ hospitality industry. Late last month, Tattersall Distillery became the first craft distillery in the nation
Life Time Inc. is suing its insurer for allegedly not covering losses related to Covid-19 and mandatory government shutdowns. In an Aug. 19 lawsuit filed in Hennepin County District Court,
Like Target, Richfield-based Best Buy Co. Inc. appears to be faring remarkably well during the pandemic. On Tuesday morning, Best Buy reported that its net earnings nearly doubled compared to
For many entrepreneurs, the “friends and family” fundraising round is a crucial step toward securing bigger investments down the road. During this phase, entrepreneurs often ask relatives and friends to
Ty Menzies has been doing a lot of listening over the last few weeks. As the new CEO of Chanhassen-based Lift Brands, parent company of Snap Fitness, he’s been grappling
While scores of small businesses and restaurants close their doors due to pandemic-related losses, Target Corp. is again showing an impressive balance sheet. On Wednesday morning, the Minneapolis-based retailer reported
Eighty Minnesota companies have landed on Inc. magazine’s latest list of the fastest-growing private companies in the United States. That marks a slight downturn from 2019, when 81 Minnesota companies
Woodbury-based Self Esteem Brands—owner of Anytime Fitness, Basecamp Fitness, and other fitness brands—late last week announced that it’s offering one-time $500 grants to its front-line employees. In total, the company
The Small Business Administration this week opened applications for low-interest loans to businesses damaged by social unrest in the wake of George Floyd’s death in Minneapolis. Businesses that were damaged