About 10 percent of Wells Fargo’s recent home mortgage division job cuts took place in Minnesota, where the bank is the state’s eighth-largest employer.
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The Medina-based company reported double-digit growth in both earnings and revenue, and it’s gearing up for much-anticipated product launches.
Minneapolis is considering adding a November ballot measure about whether to form a city-owned utility; meanwhile, the Minneapolis Chamber of Commerce and Xcel Energy, which would lose a contract if the city created a utility, have criticized the process.
TSI plans to add about 50 percent more jobs to its corporate headquarters over the next four to five years to occupy its 58,000-square-foot expansion.
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TSI plans to add about 50 percent more jobs to its corporate headquarters over the next four to five years to occupy its 58,000-square-foot expansion.
Edina-based Nash Finch agreed to an all-stock merger with fellow food distributor Spartan Stores, a deal that is expected to create a $7.5 billion company.
Business groups have been quietly championing immigration reform—because without it, the state’s labor pool will dry up.
Delta’s Chisholm reservation center is the airline’s best.
There was little discussion about plans for two office towers, a parking ramp, a public park, and residential and retail space.
Good jobs in several industries are attracting talent and dollars.
Although Hiawatha light rail line riders were down slightly over last year’s record totals, the North Star commuter rail line was up 15 percent.
Although the company reported a net loss from continuing operations of $105 million, its adjusted earnings reached $0.14 per share, nearly doubling analysts’ expectations.
Thrivent Financial and other “fraternal benefit societies” are making a push to ensure they remain tax-exempt when the writers of the nation’s tax code start with a “blank slate.”
The company behind Sleep Number beds had seen its stock climb consistently over the last few months to about $27 per share, but its shares fell Thursday after the company released its second-quarter financial results.
Valley Cartage relocated its headquarters from Hudson, Wisconsin to Lake Elmo after the state offered it a $500,000 forgivable loan and the opportunity to apply for $400,000 in tax credits.
HighJump Software, a global provider of supply-chain software, acquired Denmark-based Evenex, marking its fourth acquisition since 2008.
The cost of the proposed light-rail line could balloon from $1.25 billion to nearly $1.7 billion, depending on which option planners select for dealing with existing freight rail.
Although Minnesota’s private sector added 2,500 jobs in June, the addition was offset by a 2,100-job loss in government; meanwhile, the state’s unemployment rate reached a post-recessionary low of 5.2 percent.
Plans call for the proposed Ardent Mills company to be headquartered in Denver, although there are also plans for satellite offices in Minneapolis and Omaha.