The hair salon operator said its quarterly financial results were negatively affected by investments that are key to its turnaround strategy.
Industry
Space150 and Preston Kelly are among the Twin Cities firms that got an early peek at the new technology and are exploring how it may translate into client offerings.
Olympus Surgical Technologies America plans to begin construction on a $37 million R&D and manufacturing facility by the end of the year.
A jury sided with Willmar-based Relco after two former employees allegedly used confidential company information after moving to a competitor.
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A jury sided with Willmar-based Relco after two former employees allegedly used confidential company information after moving to a competitor.
The apartment vacancy rate at the end of the third quarter in the Twin Cities was 2.5 percent; a rate of 5 percent is considered to an equilibrium point between landlords and tenants.
CVRx raised $12 million in its latest round, bringing its total investments to $251 million since the company was founded in 2001.
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.
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.
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.
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.
Tin Whiskers Brewing is reportedly gearing up to open a taproom in downtown St. Paul’s Rossmor building.
Digital River added Ted Cahall, a former vice president of Microsoft, to its C-suite.
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.