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.
Business + Economy
Minnesota moved up Forbes’ best business states list, driven largely by its high scores in quality of life measurements.
Consumers may now take pictures of their Post-it Notes and, using a new mobile app, transform them into digital notes that can be saved and organized on a user’s mobile device.
Rental car giant Enterprise announced that it is expanding its CarShare program to Minneapolis, an increasingly competitive car-sharing market.
In order to contend with heavy competition, Schneiderman’s Furniture is expanding its Woodbury showroom and plans to add about 10 new jobs.
Is the $1 billion apartment development market being driven by demand or a risky mix of hype and cheap financing?
The agency looks to convey that sleep is not the end goal.
The city said that building permits issued along the new light-rail line have hit a five-year high.
Greater MSP is seeking a new investor relations director, the type of title typically reserved for public firms, rather than nonprofits.
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.
The East Coast-based tutoring provider is transitioning its six corporate-owned locations in Minnesota into franchisee-owned sites, and they are all on the market; it’s also promoting 11 additional undeveloped locations.
A new report projects growth in the Twin Cities, including a trend reversal that will bring more people to the core cities and to inner-ring suburbs.
The Minneapolis-St. Paul area is leading the nation in retail construction, and construction of Bielenberg Gardens is scheduled to begin in October.
A planned $100 million renovation of the facility could begin in 2014.
The majority of metropolitan areas throughout the United States saw their economies surge in 2012, with Minneapolis-St. Paul near the front.
BodyBrite removes hair with a technology known as “intense pulse light,” and the company is planning to add three new Minnesota locations amid a larger growth strategy.
Properties in Otsego and Inver Grove Heights will go to the highest bidder.
The Department of Employment and Economic Development hired John Shoffner as the agency says Minnesota is experiencing a surge in business expansions and job openings.