Becker Furniture, the local furniture chain bearing the name of the small Minnesota town it was founded in almost 50 years ago, is changing hands. On Tuesday, South Dakota-based Furniture
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Minneapolis-based U.S. Bancorp will have a new CEO starting in mid-April. On Tuesday, the bank announced that longtime executive and current president Gunjan Kedia will take over as CEO on
Digital River Inc., a Minnetonka e-commerce firm that sold for over $800 million a decade ago, is shutting down. In a Jan. 27 WARN letter to the Minnesota Department of
The University of Minnesota and Duluth-based Essentia Health on Friday unveiled early plans to create a new nonprofit entity they say would better serve patients and future health professionals. In
Phil Steger can certainly get behind the idea of a new, legal definition for American single malt whiskey. He’s just worried about being boxed in. Steger, the founder and CEO
Is John Deere running a “repair monopoly”? That’s what Minnesota attorney general Keith Ellison alleges in a fresh lawsuit filed against the Illinois-based agricultural equipment maker. In a lawsuit filed
Jim Snee, the longtime chief executive of Austin, Minnesota-based Hormel Foods Corp., is stepping down. On Tuesday morning, the company announced that Snee will retire at the end of Hormel’s
Francis Medical has just received a fresh infusion of cash on its journey to treat prostate cancer. This week, the Maple Grove-based company announced that it has closed on an
Tens of thousands of revelers headed to downtown Minneapolis for Holidazzle this holiday season, and planners aim to keep it in the city’s urban core for future iterations. According to
The Minnesota Sustainable Aviation Fuel Hub – a local effort to usher in a new era of more eco-friendly air travel – has earned the backing of another industry giant.
As in prior years, reports of business closings and openings figured prominently into this year’s list of most read stories. That’s no surprise for a business publication like us. But
Like many, Marlice Johnson says she has a “love-hate” relationship with social media. A Los Angeles resident who works remotely for St. Cloud-based Stearns Bank, she says, “The marketer in
Just about a year ago, Plymouth-based HistoSonics earned federal approval to begin selling technology designed to destroy liver tumors. This week, the medtech startup unveiled plans to use the same
In some respects, Edina-based tech firm Parallax is in the business of helping other businesses predict the future. Founded by local tech industry vet Tom O’Neill, the 35-person firm uses
Minnetonka-based health insurance giant UnitedHealth Group has agreed to pay $69 million to settle a class action suit alleging the company violated its fiduciary duties to its employees’ retirement plans.
After more than thirty years as a publicly traded company, Mendota Heights-based Patterson Cos. will be taken private under a deal announced Wednesday. Patient Square Capital, a California-based private equity
Brian Thompson, a longtime UnitedHealthcare executive and current CEO, was fatally shot in New York City on Wednesday, according to local media reports. Police told the New York Post that
Agribusiness giant Cargill Inc. is slashing 5% of its global workforce, including 475 employees at its Wayzata headquarters. In a Dec. 2 letter filed with the Minnesota Department of Employment