In early October, Fairview Health Services made a surprising announcement: Though the Covid-19 pandemic was nowhere close to over, the health system laid out plans to shutter Bethesda Hospital in
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Jeff Gau this month will retire from his position as CEO of St. Cloud-based IT services company Marco. Gau, who started his 37-year career with Marco selling office furniture in
Minneapolis-based life sciences firm Bio-Techne Corp. on Wednesday said it’s reached a deal to buy Austin, Texas-based Asuragen for up to $320 million. Under the terms of the deal, Bio-Techne
Target Corp. on Tuesday reported 2020 revenue of $93.5 billion, marking a $15 billion increase over sales in the prior year. The increase is larger than total sales growth in
Most Minnesotans can expect to receive a Covid-19 vaccination by summer, Gov. Tim Walz announced on Thursday afternoon. Noting that the state has already vaccinated 43 percent of residents 65
Richfield-based electronics retailer Best Buy Co. on Thursday morning said it laid off 5,000 retail employees this month despite another quarter of strong sales. In the company’s fourth quarter earnings
Best Buy Co. on Tuesday announced that it will provide a one-time “gratitude bonus” to all hourly employees for their work throughout the pandemic. Full-time U.S. employees will receive a
George Goldfarb, longtime CEO of Duluth-based women’s clothing retailer Maurices, will step down from his job next month, the company announced Tuesday. Beginning March 15, Goldfarb will end his daily
Minneapolis city leaders on Wednesday outlined plans to ramp up security along key commercial corridors ahead of the trial of Derek Chauvin, the Minneapolis police officer involved in the killing
Omnia Fishing, a Golden Valley-based e-commerce startup selling fishing equipment, this week landed a $2.1 million raise. Omaha-based Dundee Venture Capital and Cambridge, Mass.-based Founder Collective co-led the raise. Founder
As part of its ongoing partnership with Mayo Clinic, Google on Thursday unveiled plans to open its first office in Minnesota. The internet giant will lease space at the Collider
Gov. Tim Walz on Wednesday said he expects all Minnesota schools to resume in-person learning in some fashion by March 8 — a change that could have major ramifications for
3M Co. plans to spend $1 billion to fast-track various environment-related issues over the next 20 years, the company announced on Tuesday. Some of the funds will be earmarked for
An improving Covid-19 picture is prompting Gov. Tim Walz to roll back some restrictions on businesses. On Friday, the governor announced a new executive order that slightly increases capacity limits
Hormel Foods Corp. — the Austin, Minn.-based food company long known for producing Spam — is again diversifying its portfolio with a multibillion-dollar acquisition. On Thursday, the company announced that
Richfield-based electronics retailer Best Buy Co. plans to lay off an unspecified number of retail employees, The Wall Street Journal reported late Wednesday. The newspaper cited “people familiar with the
Are people moving out of downtown Minneapolis in droves? Apparently not. Or at least, not yet. On Wednesday, the Minneapolis Downtown Council reported that the downtown population hit 53,093 in
Twin Cities-based low-cost carrier Sun Country Airlines on Monday submitted the paperwork to take the company public. The airline hasn’t yet settled on the number or price of shares it