“Twenty-four months ago, a lot of bankers thought the world was ending,” says Ken LaChance, Minneapolis-based senior vice president and market executive for Wells Fargo Commercial Banking. Many of his
Staff’s archive
In December, Eden Prairie-based Itiliti Health announced a $2 million round of seed funding. It was one of 175 venture capital deals in Minnesota in 2021, and certainly not one
Earlier this month, a group of big-name Minnesota companies, including Cargill and General Mills, announced the development of a new $24 million plastic recycling plant in Rogers. The companies all
In 2014, Sarah Agaton Howes got a call that changed, well, almost everything. For several years, Howes had been crafting custom beadwork, quilts, and moccasins out of her home on
Chicago-based Seyfarth Shaw, one of the country’s largest law firms, suddenly found itself under attack in October 2020. Hackers had breached the firm’s IT system, then held it for ransom.
When you think of construction projects within the city limits of Minneapolis and St. Paul, you probably picture condos and rental apartments. In a word, residential. But the project going
In the information technology world, Log4j could become the equivalent of a particularly virulent Covid variant—and for businesses, a potentially bigger danger. Log4j is an open-source, Java-based utility that logs
When Covid-19 hit the United States in alarming fashion in March 2020, many people had the sinking feeling that the nation was heading toward a recession, perhaps a very deep
Commercial banking clients who were cautious during the peak of the pandemic are borrowing again to finance expansions. They’re spending on new equipment and new facilities, and many are acquiring
When the pandemic hit in 2020, production work in the taconite mines in northeastern Minnesota slowed way down. Yet mining companies still needed to provide health and safety training to
A couple of years ago, Chanhassen resident Katie Usem would have been astonished if you had told her that she’d one day launch a sauna business way up on the
Minnesota was once a major center of computer technology, with companies like IBM, Control Data, and Cray leading the global development of supercomputers. Thanks to a new company launched on
Even seeing most of her first batch of cheddar cheese go bad didn’t discourage Alise Sjostrom. With help from her family and funding from a Kickstarter campaign, Sjostrom started Redhead
When the pandemic hit, countless client meetings, trade shows, annual conferences, and other face-to-face business events were put on hold. Virtual technologies, including Zoom, Google Meet, Webex, and Microsoft Teams,
During the pandemic, that age-old ice-breaker—“So, where are you working?”—developed a new meaning. For most people with office jobs, the answer has been “at home.” Now, thanks to the availability
It’s not exactly musical breweries up here in Duluth, but it’s close. In late 2019, Lake Superior Brewing, which had been Duluth’s oldest craft brewery (it was founded in 1994),
The number of closed sales for homes in the Duluth area hit a 15-year high this past summer, according to the Lake Superior Realtors Association. Fall temperatures didn’t cool demand:
Though 2020 is finally in the rearview mirror, the anxieties it ramped up won’t disappear soon. A Duluth company thinks it has a solution. “The sauna’s the best way I’ve