In 2008, voters passed the Legacy Amendment to the state constitution, increasing taxes in exchange for cleaner water, better parks and outdoor habitats, and a stronger cultural sector. It turns out we may not be getting our money’s worth.
Industry
Target is making another round of job cuts; it's also dropping health insurance for part-time workers but giving $500 to those affected.
The story of ShopJimmy.com, the hobby that became a $22 million business.
The building that houses an LA Fitness in St. Louis Park has been sold to a Florida-based real estate investment trust.
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The building that houses an LA Fitness in St. Louis Park has been sold to a Florida-based real estate investment trust.
While Minnesota can’t quite compete with salaries paid in New York or California, the Twin Cities remain between 2 and 5 percent above average for white-collar compensation in fields like public relations and advertising.
Japan-based technology company Ricoh announced Tuesday that it is buying a cloud and IT services business from Best Buy, which the Minnesota company bought for $167 million at the end of 2011.
Precision Associates recently bought a majority stake in MMI Precision to help broaden its capabilities for medical device customers—and it’s already eyeing growth for MMI.
A proposed manufacturing plant in Superior, Wisconsin, which would reportedly tap iron ore from Minnesota’s Iron Range, could eventually employ about 100 people.
After its plans to enter Minnesota in 2012 fizzled, Corner Bakery Café is once again hoping to bring more than a dozen cafés to the Twin Cities.
Jeffrey Holmers, a local real estate agent, said that his past business dealings with Denny Hecker ultimately led him to file for Chapter 7 bankruptcy.
Target recently announced plans to open new stores in Ohio, California, New Jersey, and Massachusetts; they will open shortly after Target closes locations in Illinois, Nevada, Georgia, Ohio, Tennessee, and Florida.
Minneapolis finance officials estimate city restaurants, like MASA, left, lost $1.7 million in dining revenues for the season.
Allianz Life Insurance Company, Mayo Clinic, and General Mills were named to the list based on employee surveys and company benefits and practices.
Kevin DiLorenzo has joined forces with Bob Barrie and Stuart D’Rozario, whose firm will now be called Barrie D’Rozario DiLorenzo.
Grocery Shopping Network is becoming part of the “Shoptopia Network,” an online aggregator of products sold by a wide variety of retailers.
On the news of unexpectedly poor holiday sales, Best Buy’s stock fell nearly 30 percent Thursday and its CEO announced that the company would need to cut costs.
New owner TD Bank expects “no significant change” to the portfolio’s value in wake of Target’s data breach.
A recent study revealed that Twin Cities residents are less confident in their personal finances than financial experts believe, and that most plan to focus on paying down debt, rather than increasing spending.
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