Caribou Coffee is offloading its roasting operations onto a sister company to focus exclusively on its retail business. On Thursday, the Minnesota-based coffee company announced that JDE Peet’s will take
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Bright Health Group is officially bidding farewell to Minnesota and shedding its name. On Wednesday, the company announced that it’s moving its corporate headquarters from Minnesota to Doral, Florida. The
Target’s CFO is becoming COO. On Thursday morning, the Minneapolis-based retailer announced that Michael Fiddelke will become chief operating officer effective Feb. 4. He’s served as Target’s chief financial officer
The U.S. Department of Labor is suing Blue Cross Blue Shield of Minnesota for allegedly forcing some customers to pay a state tax typically reserved for health care providers. The
Just two months after shuttering plant-based burger chain Stalk & Spade, entrepreneur Steele Smiley is doubling down on Puralima, his “Latin-inspired” fast-casual restaurant concept. On Tuesday, Steele Brands announced plans
Gravie’s headquarters in the Riverplace development in lower Northeast Minneapolis afford plenty of options for outdoor meetings, lunches, walks, and after-hours drinks. “We’re a very social culture,” says chief brand
A Fridley-based medical device company with Norwegian ownership has caught investor attention. On Monday, CardioMech Inc. announced that it has landed $13 million in a recent funding. Chairman and CEO
In the ongoing fight for talent, employers are once again realizing the value of the year-end bonus. That’s according to the results of a recent online survey conducted by national
Judging by our year-end web traffic numbers, angst over the future of work continues to permeate Minnesota’s business class. Senior editor Liz Fedor’s analysis on the state of remote work,
Is Minnesota’s craft beer industry facing a reckoning? A casual glance at the headlines over the last year might leave you with the impression that the industry is in something
Despite the best intentions of local politicians and corporations, white-collar workers simply won’t save downtown Minneapolis. That’s one of the main takeaways from a new report on the future of
Charlotte Epée-WillSuN says the Twin Cities startup scene has lacked racial diversity for years, but she long held out hope things would change. Especially after George Floyd’s murder in 2020
A Minnesota startup aims to grow the local medical device industry with the help of an overseas partnership. Bloomington-based med-tech startup Visura Technologies Inc. on Tuesday announced that it has
Mayo Clinic’s Rochester campus is set to undergo a massive $5 billion redesign. On Tuesday afternoon, the health system announced that its board of trustees has officially approved the makeover.
Jinx Tea Bar began selling canned versions of its beverages in the early days of the pandemic as a way to get additional business. Now, it will become the company’s
Climate change has created a new class of sustainability-oriented businesses, and St. Paul-based Vessyll is one to watch. Launched in 2020, the startup is building battery energy storage products designed
Are we heading into an economic recession or not? Headlines in recent days have sent mixed messages. Citing a prominent former Federal Reserve leader’s analysis, The Economist this week said
UnitedHealth Group’s use of an artificial intelligence program is at the heart of a class action lawsuit filed Tuesday in the U.S. District Court of Minnesota. In a suit filed