The Wayzata-based company saw its annual and fourth-quarter profits skyrocket, following especially dismal financial results last year.
Economy
Target bought a company that hosts a trio of websites that sell beauty products; the deal marks the company’s third e-commerce acquisition since March.
A Star Tribune story suggests that the demise of a Washington transit project serves as a “cautionary tale” for local planners.
After investing in an Australian grain commodities business and beef processing company, Cargill has now purchased Joe White Maltings, an Australian malt producer.
The controversial plan to build a 140-unit apartment building on land once occupied by the House of Hanson, Duffy’s Pizza, the Book House and the Podium was approved Friday on a 9-to-4 vote by the Minneapolis City Council.
CEO Sally Smith said the company plans to have PizzaRev open a Minneapolis location by the first quarter of next year.
A new commercial real estate report cited “lethargic” demand for office space in the Twin Cities.
The Minneapolis City Council met Thursday to discuss forming a city-owned electric utility, but the Xcel Energy CEO is confident the city won’t make the transition.
The credit rating agency also reaffirmed its Aa1 rating for the state’s bonds; it now shares that rating with the City of Minneapolis.
About a week after the project’s planners raised their cost estimate from $1.25 billion to $1.67 billion, they tacked on another $150 million.
Padilla Speer Beardsley will acquire Richmond, Virginia-based PR firm CRT/Tanaka for an undisclosed sum.
President and Publisher Steve Fox has retired after 25 years spent leading Greenspring Media Group, and the company has been sold to a Detroit publishing company.
Duluth's higher education institutions are a big part of the workforce effort.
Some sites are or could soon be available.
The Minnesota hearing aid maker is renovating its 122,000-square-foot facility to make room for future work force growth.
Although the deal likely won’t be finalized until 2014, the 100,000-square-foot building on Nicollet Mall is officially off the market, and the energy company hopes the new location will benefit its branding efforts.
Thirty of Minnesota’s wineries are offering free tastings for those carrying a “Discovery Passport”—which costs $25 and is good for 10 free tastings and other special winery offers.
TSI plans to add about 50 percent more jobs to its corporate headquarters over the next four to five years to occupy its 58,000-square-foot expansion.