CVRx raised $12 million in its latest round, bringing its total investments to $251 million since the company was founded in 2001.
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The company now believes its U.S. sales will rise 3 percent to 4 percent a year through 2017, although it still expects to generate $8 a share in profit that year.
An investor group says ValueVision is underperforming and needs a new chief executive; the company, meanwhile, pointed to its climbing stock price as indicative of a successful turnaround strategy.
In a partnership that may draw Target some new customers, the retail giant is offering health benefit discounts to Medica members.
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In a partnership that may draw Target some new customers, the retail giant is offering health benefit discounts to Medica members.
Selected “pop-up shops” will operate rent-free for two to three months as part of a program meant to fill vacant Duluth storefronts during the holidays.
Jamey Erickson, owner and creative director of Minneapolis-based Sevnthsin, is encouraging other businesses to hire his former employees as he wraps up outstanding projects for clients.
Sappi Fine Paper has successfully converted its Cloquet paper mill into a producer of pulp used in textiles.
Minnesota companies have increased their use of broadband technology to grow their sales and remain competitive, according to a recent report.
The 3M spin-off sold one of its businesses in an attempt to turn itself around, but its quarterly loss was worse than analysts expected.
Minnesota set up its own health care exchange, Mnsure, which had early technical problems as well, but has since allowed about 3,800 to begin enrolling in coverage.
Tin Whiskers Brewing is reportedly gearing up to open a taproom in downtown St. Paul’s Rossmor building.
Although Norcraft will be only the second Minnesota company to complete an initial public offering this year, the state may be poised for more.
Rochester and Minneapolis have both lost a large chunk of their local government aid over the last few years, resulting in spending cuts.
Digital River added Ted Cahall, a former vice president of Microsoft, to its C-suite.
Knelman Asset Management Group agreed to pay penalties to settle allegations that it violated a rule meant to ensure the safekeeping of customer funds.
Minnesota Senator Amy Klobuchar and Representatives Collin Peterson and Tim Walz are among the 41 lawmakers sitting on the bicameral committee assigned to forge a compromise farm bill before the end of the year.
The building, which will be owned by Maurices, will be 10 to 12 stories, rather than the previously planned 15, and the overall cost will be reduced as well.
The economic development group said it has helped attract dozens of projects, but what does it mean for the organization to “assist” on a deal?
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