The Richfield-based electronics retailer said eliminating 400 jobs at its headquarters will help cut costs by $150 million—but it marks only the first step in a larger cost-reduction strategy.
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Analysts have cited signs of a strengthening Best Buy, and their improved ratings helped the company continue its 2013 stock climb.
Some of the region's leading executives make their mark in very unexpected ways.
Why Polaris, Donaldson, ProtoLabs, and Northern Oil & Gas are worth watching.
Mortenson Construction was selected as construction manager for the new Vikings stadium; it could make up to $15 million for the project, although that figure could drop significantly if it’s unable to complete the stadium on schedule.
Minneapolis-based Target ranked 10th, and Edina-based ReconRobotics and three other robotics companies collectively ranked 44th.
Anytime Fitness and Code 42 Software were recognized as two of the top 100 privately held, high-growth businesses.
Pinnacle Airlines, a regional carrier for Delta Air Lines, is moving to Minnesota and has been offered a $550,000 loan from the state, which will be forgiven if the company brings at least 200 jobs to the Twin Cities.
The Minnesota Chamber of Commerce contends that portions of Mark Dayton’s proposed tax reform will have a negative effect on the state’s business climate; some city officials, meanwhile, praised the governor’s investment in local government aid.
Minnesota’s economy will likely regress this quarter as pessimism about its business climate has more than doubled from one year ago at this time, according to Twin Cities Business’ quarterly economic
Four stories of Duluth businesses show how Duluth has scraped off the rust of recession.
The positive results mark the second consecutive quarter of significant growth following a dismal conclusion to the company’s last fiscal year.
Business Insider recognized Coco, which offers co-working spaces in Minneapolis and St. Paul, for its well-equipped game room, meeting rooms, and beverage and catering services.
The downtown St. Paul store is one of five Macy’s stores set to close this spring; meanwhile, Macy’s will consolidate its two Ridgedale Center store into a single expanded location.
Ten tales of successful small businesses offer lessons learned, and inspiration.
Through the link below, you’ll find 500 of Minnesota’s leading inventors, whose dreaming, tinkering, and old-fashioned hard work have propelled the state to the forefront of innovation. The Top Inventors
Strong international sales helped fuel a 22 percent jump in second-quarter profits; the company’s Yoki Alimentos business in Brazil, which it bought earlier this year, contributed.
The Joh. A. Benckiser Group, a German holding company that recently purchased a majority stake in California-based Peet’s Coffee & Tea, has agreed to pay $16 per share in cash to acquire Caribou Coffee.