Imation’s first-quarter revenue was lower and its loss greater than analysts’ expectations.
Industry
The maker of Salted Nut Rolls and Nut Goodies has acquired the Bit-O-Honey brand, and it may add 30 new St. Paul jobs.
Next month, South Dakota Governor Dennis Daugaard will visit with shoppers at the Mall of America, answer questions about career possibilities in the state, and encourage Minnesotans to consider relocating to South Dakota.
Faegre Baker Daniels went from unranked to number 66 on The American Lawyer’s list of the 100 largest U.S. law firms.
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Faegre Baker Daniels went from unranked to number 66 on The American Lawyer’s list of the 100 largest U.S. law firms.
The new report also found that the hunting and fishing industries support about 48,000 Minnesota jobs.
The company’s first-quarter earnings dropped due to high poultry costs, prompting it to change the way it determines prices for its wings.
The electronics retailer is selling its stake in a European joint venture for roughly half of what it initially invested in the business; but analysts expected the divestiture, and investors responded positively.
Packaged juice manufacturer Citrus Systems is moving to a new Hopkins facility that is about double the size of its current location.
"If a business has to go under, I'd prefer that it be a chain," Nancy Breymeier, co-owner of the Amore coffee shop, said.
A new 70-foot bar called the Beer Dabbler Bullpen will debut May 11 at the Saint Paul Saints’ Midway Stadium; it will also feature merchandise from craft breweries.
Musicians agreed to salary cuts, and the orchestra will be reduced in size; players are now calling for the appointment of a new leader for the orchestra’s management organization, one that would replace its interim president.
Former McKnight Foundation boss Rip Rapson says that Detroit has by no means been totaled.
A push for new regulations over corporate political donations is facing opposition from business groups.
The company said that the cost of expansion has made it difficult to meet Nasdaq’s listing requirements; beginning Friday, its shares will be traded on the OTCQB marketplace.
The restaurant chain’s first-quarter profits fell to $62,000 from $817,000 during the same period in 2012.
A recent feasibility study shows that a new convention hotel in Minneapolis would cost about $300 million, and 41 percent of that cost would need to come from public subsidies.
For local restaurateurs,
eco-friendly takeout comes at a price.
If convicted, Michael Krzyzaniak, who was already serving a 12-year prison sentence, could have five more years tacked on for fleeing a prison camp.
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