A new Met Council report tallies $2.5 billion in investments near the light-rail line, but the number is far from an exact science.
Industry
Only three sectors added jobs on a seasonally adjusted basis in April, with manufacturing being the only real bright spot in Minnesota’s private sector.
The majority of Minnesota-based Bayer Interventional’s 350 employees work in Coon Rapids but Boston Scientific said it’s still determining whether it will keep all the existing workers.
The downtown Minneapolis vacancy rate ticked up while more large projects are in the pipeline.
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The downtown Minneapolis vacancy rate ticked up while more large projects are in the pipeline.
A federal judge handed down a harsher-than-usual prison sentence to Melanie Bonine, the daughter of Bixby Energy founder Robert Walker, for tax fraud.
Herbert Richard Lawson was accused of tipping off his brother and another company cofounder with insider information; the three men will pay nearly $6 million but didn’t admit wrongdoing.
Camille Gibson of General Mills ranked in the top 40 on this year’s list for her role in the company’s recent ad campaign.
Target and General Mills are among the first 12 brands that the social media site has partnered with to test so-called “Promoted Pins.”
The City of Minneapolis might work with a nonprofit to determine the financial feasibility of “deconstruction,” which is described as a more environmentally friendly alternative to traditional demolition.
Public polling shows Minnesotans support Sunday liquor sales with more than 60 percent support.
MoneyGram plans to shutter a 376-worker plant in Brooklyn Center and is starting with 28 layoffs; meanwhile, Gannett Publishing disclosed plans to close a plant in Maple Grove.
Cargill significantly expanded capacity at a Vietnam plant, a move that will result in the addition of roughly 50 jobs.
Universal Cooperatives, Inc., and its subsidiaries owe their largest creditors nearly $20 million.
Target Field will host the 2014 All-Star Game on July 15.
The company earns about 3,000 global patents each year, contributing to Minnesota’s status as a leader in innovation.
Although local manufacturing executives are more confident in their firms’ future than they have been during the last six years, they are also concerned about health care costs, government policies, and a worker shortage.
Founded by local businessman Jeff Mack, Cachet Financial Solutions significantly narrowed its net loss in its most recent quarter and increased revenue, and is now planning a stock offering.
Gerald Greenfield, who was sentenced in 2012 for his role in a mortgage fraud scheme involving downtown Minneapolis condos, will spend additional time in jail for fleeing a prison camp.
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