The women’s clothing retailer saw profits jump 140 percent during the third quarter, and its stock has risen 120 percent since it named a new CEO.
Banking + Finance
3M and Target both made four of Fortune’s high-profile annual lists, earning them spots on the magazine’s 2013 best-of compilation.
Granite City Food & Brewery said that disclosure costs did not outweigh the benefit of being a reporting public company.
Wayzata Investment Partners is selling a Texas power plant to a Houston company for nearly $300 million more than it paid for the plant in 2011.
ConAgra Foods, one of the companies involved in the large-scale merger, cited an “ongoing regulatory review process and discussions with the U.S. Department of Justice” as reasons for the delay.
Banks in the Twin Cities struggled with decreasing profitability and a decline in loan growth during the third quarter; meanwhile, banks from throughout the state demonstrated a small improvement in performance.
Profits are up in nearly all of Hormel’s major businesses, and its international market saw a huge jump, due in part to the acquisition of the Skippy peanut butter brand early this year.
A federal bankruptcy judge gave trustee Doug Kelley approval to consolidate nine different cases, a move that Kelley said solidifies his ability to pursue money from large hedge funds.
In recent years, studies by Forbes, the Brookings Institution and USA Today found that Minneapolis had bounced back—or bounced ever so gently—on the galloping waves of the recession.
A UnitedHealth Group subsidiary and 3M pulled off respective marketing coups amid all the noise.
Adding $18 billion in assets, Minneapolis-based U.S. Bancorp purchased Quintillion Limited for an undisclosed sum and, separately, announced a partnership with American Express.
Multiple law firms are seeking class-action status for securities fraud lawsuits against Tile Shop, a Minnesota-based company whose stock dropped sharply on allegations of overstated earnings.
The retail giant’s third-quarter earnings were held back largely by weaker-than-expected results from its expansion into Canada.
Changes to the way in which small-group rates are calculated have small employers weighing their options.
Who needs to offer coverage, and to whom? Experts continue to field that question and others.
Health care experts say employers should be focused on communication with employees, monitoring headcounts, preparing for the “play or pay” provision, and watching for more guidance on reporting requirements.
An official from HealthPartners answers questions regarding the latest in health care reform.
Multiple studies gauge how businesses are being affected by health care reform, and how they’re bracing for ongoing changes.