A new lawsuit challenges the city's role in Ryan Companies’ proposed Downtown East project.
Industry
While the exact number of local cuts is unclear, Thomson Reuters informed some Minnesota employees this week that their jobs will be eliminated as part of a companywide reduction.
Zeus Jones first shared its plans for a San Francisco expansion with the New York Times.
Schaefer Law Firm is now Schaefer Halleen, as Toni Halleen has become co-owner of the local firm.
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Schaefer Law Firm is now Schaefer Halleen, as Toni Halleen has become co-owner of the local firm.
TCF is closing one of its downtown Minneapolis branches, along with 37 others in Indiana and Illinois that are housed within Jewel-Osco grocery stores; the move will result in up to 200 job cuts.
Tom O’Neill has been promoted to president of local Web development firm The Nerdery; Mike Derheim retains the CEO title.
U.S. Bancorp agreed to pay “Freddie Mac” $53 million to resolve its mortgage buy-back obligations, adding to the more than $18 billion paid out by other banks in similar settlements.
A California investment firm purchased two of Cargill’s three corporate buildings in Hopkins; the two buildings totaled more than 500,000 in square footage.
Lou Nanne will lead fundraising efforts for $190 million in upgrades at U of M sports facilities; TCB recently reported on the school’s ambitious plans.
Skybridge Americas, which is based in the western suburbs and was previously part of Carlson Marketing, is adding jobs after landing new clients and extending a key contract.
Phillips Edison purchased the Northstar Marketplace—which is anchored by a Coborn’s grocery store—last week, marking its fourth shopping center acquisition in Minnesota.
Mosaic, which spun off from Cargill in 2004, said that it reached a deal to acquire 43.3 million restricted shares from the Margaret A. Cargill Foundation and the Anne Ray Charitable Trust.
Party Chair Keith Downey says the move across town and demographic sectors was a strategic decision as well a financial one.
Ryan Companies’ design team released several renderings of the planned ballpark, which is slated to open for the 2015 season.
Town Hall Brewery, which has grown in recent years through the addition of two satellite locations, is now investing roughly $600,000 to renovate its flagship brewpub.
Governor Mark Dayton said more than $400 million from the budget surplus should be used for business and middle-class tax cuts.
St. Paul-based Merrill Corporation acquired Grossman & Cotter to expand its footprint throughout northern California.
The salon chain operator said it is implementing a “new capital allocation policy” as it attempts to turn itself around, and it determined that paying dividends is “not the best use of excess capital.”
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