Minnesota’s economic development czar Steve Grove is pushing a Silicon Valley process designed to embolden government agencies to set loftier goals.
Business + Economy
In 2021, women held 26.6 percent of the board seats at Minnesota’s largest publicly traded companies. But the number of women in executive roles still lags the national average
In March, the state logged an unemployment rate of 2.5%, the lowest point since 1999.
The companies now hope to close on the $13 billion deal by Dec. 31, several months after originally expected.
Products exported from Minnesota in 2021 grew 17 percent year over year.
Founded in 2002, Morsekode has worked with a number of high-profile Minnesota clients, including 3M and Ecolab.
Minnetonka-based BBQ Holdings also says it is changing its name to Famous Hospitality to better reflect its growing portfolio of restaurants.
The company, which is set to be acquired by an Australian competitor, says the move will help drive profitability and free cash flow.
Recent microchip shortages are delaying production of new cars and pushing consumers to the used car industry.
The company says it’s time to sell its Australia hosting operations to further refine offerings in the North American market.
The state’s unemployment rate also fell to 2.9 percent.
Toronto-based LifeSpeak Inc. says it’s reached an agreement to buy St. Louis Park-based Wellbeats for up to $92.5 million.
The city’s urban core added about 3,000 more residents in 2021, according to the Minneapolis Downtown Council.
The Minneapolis theater reported a $27,500 surplus between fiscal years 2020 and 2021.
Minnesota's unemployment rate ticked down 2.1 percent in December, according to the state's jobs agency.
Despite the supply chain disruptions, boat manufacturers plan to ramp up production to meet the heightened demand.
The Minnesota State Fair has operated at a loss before, but leaders say this time is much different. Here’s why the cost of admission is going up this year.
Minnesota's macroeconomic consultant warns that the state's November forecast was based on a prediction for the national economy that was too optimistic.