Minneapolis officials recently announced that it has made changes to an ordinance in an effort to increase the transparency of organizations that provide banking services to the city.
Banking + Finance
Samsung said it isn’t looking to acquire Best Buy stock; Best Buy leaders, meanwhile, have recently been selling shares as the company’s stock price climbs.
So far, the effect of the government shutdown has primarily been limited to federal workers turned away from their jobs, but if the government stays in the dark much longer, federal funding limitations may broaden the impact.
The smallest of Minnesota businesses—those with fewer than 25 full-time workers whose average salaries are under $50,000—may receive a tax credit for purchasing health insurance from the new exchange.
The national investment community expects an uptick in initial public offerings, mergers, and acquisitions in the second half of 2013, although Minnesota investors are less confident.
Ten thousand fewer Minnesota children lived in poverty in 2012 than in 2011. But that’s still 183,763 low-income kids.
The acquisition of MakerBot, a deal worth at least $403 million, allows Stratasys to market to “home hobbyists.”
The number of meals served at Dorothy Day is up 3 percent this fiscal year compared with 2012.
Minneapolis-based Leonard, Street and Deinard is merging with Kansas City, Missouri-based Stinson Morrison Hecker.
The Oracle & International Centre in downtown Minneapolis, which features 622,173 square feet of office space, has been sold to a joint venture between Investcorp International and Wildamere Properties.
According to the U.S. Census Bureau, the Twin Cities fared above average in 2012 with respect to education, income, and housing value, but it still isn’t back to its pre-recession numbers.
Multicare Associates brings independent health services to the northern suburbs.
The Plymouth company has recruited a top CEO and raised $29 million as it plans to enter the lung therapy market.
Jeffrey Rodd, who was ordered earlier this year to cease the sale of securities in Minnesota, now faces allegations of fraud.
The shareholder rights plan was put in place so that Dolan can pay lower income taxes in the coming years.
The state has recovered all the jobs lost during the recession and remains more than 2 percent below the national unemployment rate, but they are not as high-quality of jobs as the state had in 2008.
Minnesota employers are required to send a new notice to their employees denoting the existence of the MNsure health insurance exchange, among other items.
How employers now should prepare for the months and year ahead.