3M ranked 23rd and Target 29th, although both fell several spots from last year’s list.
Industry
Profits at Minnesota-based banks climbed more than 17 percent in 2013, outpacing the national growth rate of 9.6 percent.
Attorneys general from 42 states, including Minnesota, are advocating for patent reforms that they say would protect businesses from the threat of unnecessary litigation.
Target’s profits fell 46 percent in the fourth quarter, dropping from $1.47 per share to $0.81 per share; Target attributed $0.40 of the loss to its Canadian segment and $0.02 per share to the data breach.
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Target’s profits fell 46 percent in the fourth quarter, dropping from $1.47 per share to $0.81 per share; Target attributed $0.40 of the loss to its Canadian segment and $0.02 per share to the data breach.
Caribou Coffee added a variety of new bakery offerings Tuesday and plans to follow them up with hot sandwiches in a few months, as well as snacks like hummus and pita bread later this year.
University of Minnesota researchers say that resilient wine grapes developed by the university are key contributors to an industry whose economic impact exceeds $400 million.
The legislative session that begins Tuesday will focus on the recent bonding bill, the minimum wage, business-to-business taxes, and the state’s projected budget surplus.
Although Twin Cities home sales, new listings, and pending sales were down in January, a new report attributes the slowdown to cold weather, not to long-term weakness in the market.
Hy-Vee, which has 235 stores in eight states, is planning to add several stores in the metro area.
St. Francis Campus Credit Union is the subject of a federal investigation, and its assets have been acquired by the larger Central Minnesota Credit Union.
A program that was born in Minnesota and provides pro bono legal services to lower-income inventors was highlighted as the president outlined new patent reforms.
Everyone’s favorite tax increase may be a double-edged sword.
Who let the dogs in?
Got guests? Treat them to a meal at one of the restaurants favored by local CEOs.
3M said its planned acquisition of Treo Solutions will benefit its health information systems business, which provides software and consulting services to health care clients.
Optum Health hopes to expand the breadth of Audax’s digital platform and said that Audax’s leadership team, which is helmed by a 24-year-old CEO, will remain intact.
After Heidi Weber, one of the for-profit school’s former deans, was awarded almost $395,000 in a whistleblower lawsuit, a judge has now ruled that the school must pay an additional $570,000.
Hollywood Fashion Secrets moved from its former 4,500-square-foot offices to a 6,159-square-foot space at 219 Second Street North in Minneapolis.
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