A Twin Cities-based therapy provider that was represented by Lindquist & Vennum will receive $5.7 million as its share of a $30 million settlement.
Industry
The trade, transportation, and utilities sector—which includes retail—added 4,600 jobs in December, fueling Minnesota’s employment growth during the month.
The recreational vehicle company announced that its third-quarter profits fell 32 percent and it is lowering its full-year earnings guidance for 2014.
Kraus-Anderson and Elion Partners hope to break ground on a major mixed-use development after closing on the purchase of the former State Farm Insurance campus this summer.
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Kraus-Anderson and Elion Partners hope to break ground on a major mixed-use development after closing on the purchase of the former State Farm Insurance campus this summer.
The giant cable provider said its new lease at its St. Paul office is effective through 2024, and the company is investing millions into refurbishing the space this month.
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.
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.
Magnet 360 ranked 34th and Code42 ranked 44th on a list of “most promising” private companies with under $250 million in annual revenue.
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.
The building that houses an LA Fitness in St. Louis Park has been sold to a Florida-based real estate investment trust.
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.
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.
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.
A proposed manufacturing plant in Superior, Wisconsin, which would reportedly tap iron ore from Minnesota’s Iron Range, could eventually employ about 100 people.
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.
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