The financing efforts of Rochester firm LiquidCool are helping it gain the attention of data centers.
Banking + Finance
CEO Pat Christie raised more than $5.5 million for his cloud-based handheld device for farmers. Now he’s gunning for more.
After raising nearly $60 million, Inspire CEO Tim Herbert is feeling confident about his company’s 2014 commercial launch of a sleep apnea product
Target is trumpeting recent growth in its online sales, but it’s unclear exactly what impact those digital channels are having on the retailer’s bottom line.
According to regulatory filings, Transport America aspires to raise $75 million from an initial public offering.
The company officially signed on to the deal, and its new downtown Minneapolis office towers are expected to house up to 5,000 employees.
April Todd-Malmlov’s recent vacation, however, was not directly cited in MNsure’s announcement about her resignation.
The Senate DFL caucus doesn't have to admit any wrongdoing as part of the settlement, but DFL leaders said they were glad to put the issue behind them.
3M released its 2014 earnings outlook and said it plans to spend between $5 billion and $10 billion on acquisitions over the next five years.
Datacard Group expects to close later this month on the acquisition of Entrust, whose software manages online security credentials.
The Champps sports-bar chain, which was founded by a Twin Cities restaurateur and is owned by a Kansas-based company, reportedly filed for Chapter 11.
TCF is closing one of its downtown Minneapolis branches, along with 37 others in Indiana and Illinois that are housed within Jewel-Osco grocery stores; the move will result in up to 200 job cuts.
U.S. Bancorp agreed to pay “Freddie Mac” $53 million to resolve its mortgage buy-back obligations, adding to the more than $18 billion paid out by other banks in similar settlements.
Lou Nanne will lead fundraising efforts for $190 million in upgrades at U of M sports facilities; TCB recently reported on the school’s ambitious plans.
Mosaic, which spun off from Cargill in 2004, said that it reached a deal to acquire 43.3 million restricted shares from the Margaret A. Cargill Foundation and the Anne Ray Charitable Trust.
The salon chain operator said it is implementing a “new capital allocation policy” as it attempts to turn itself around, and it determined that paying dividends is “not the best use of excess capital.”
Governor Mark Dayton said more than $400 million from the budget surplus should be used for business and middle-class tax cuts.
The organization ended its latest fiscal year with a surplus, which it will use to whittle down its accumulated deficit to $511,941.