For Kevin McArdle, the traditional model for private equity firms is a “hamster wheel cycle.” Typically, these firms raise a fund, use the proceeds to acquire companies, and eventually sell
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After being closed for three years, the Uptown Theatre has finally set a reopening date. In May, the historic movie theater will officially reopen as a live entertainment venue. Swervo
Twins fans will spot a trio of new retail vendors at Target Field this year. On Tuesday, the Minnesota Twins and U.S. Bank announced plans to open a “Creator’s Corner”
The federal government this week announced a nearly $1 billion funding package for 99 airports, and two Minnesota airports are among the beneficiaries. The Minneapolis-St. Paul International Airport has received
Target Corp. is plotting to take a bite out of Amazon’s hold on door-to-door deliveries. On Wednesday, Minneapolis-based Target said it plans to invest $100 million to grow its network
On paper, Bright Health Group was an investor’s dream. Led by experienced health insurance execs, the company promised a new approach. From early on, Bright touted a “narrow network” philosophy
What happens when a newspaper dies? Apparently, in some cases, its digital ghost lives on in mysterious, unrecognizable forms. Minneapolis neighborhood newspaper the Southwest Journal shuttered at the end of
Steve Grove is leaving his post as Minnesota’s economic development czar to lead the state’s newspaper of record. On Tuesday, the Star Tribune announced that Grove has been appointed CEO
The population in downtown Minneapolis is still growing, but it appears to be slowing down. According to figures released by the Minneapolis Downtown Council on Wednesday, the number of residents
St. Louis Park-based home health care startup HealtheMed has landed $5.7 million in a Series A raise. Two venture capital firms from outside Minnesota led the raise: Atlanta-based Panoramic Ventures
Chris Metz on Feb. 1 stepped down as chief executive of Anoka-based recreation company Vista Outdoor. The company’s board asked Metz to step down due to a “loss of confidence
When it comes to the world’s polluters, the United States’ National Park Service probably isn’t the first thing to come to mind. Yet the nation’s parks do have their own
ChatGPT has generated equal parts fear, skepticism, and hope since it was first launched in late November. The new chatbot is an advanced artificial intelligence program that can produce fluent
Lakeville-based breakfast foods manufacturer Post Consumer Brands is in a legal tussle with pop-rock band OK Go. The fight began after Post filed a trademark application for the name “OK
Minnesota ended 2022 with another small bump in its unemployment rate. In December, the state logged an unemployment rate of 2.5%, up two-tenths of a percent from the prior month.
Minneapolis-based professional services firm Salo LLC will soon become part of a giant publicly traded company. On Wednesday, Los Angeles-based global management consulting firm Korn Ferry announced that it has
Deena Winter is one of the more prolific journalists in town, batting out report after report on state and local politics for the Minnesota Reformer, a nonprofit newsroom launched in
Toronto-based legal and financial services giant Thomson Reuters plans to sell off part of its sprawling campus in Eagan, though the company says it will maintain a presence in the