The first three Target stores in Canada were met with mixed reviews as some Canadian customers believed prices were too high.
Industry
Dayton and lawmakers confirmed on Tuesday that state and Brooklyn Park officials have been working to entice a mystery Fortune 500 pharmaceutical company to come to Brooklyn Park by using a variety of business development tax incentives.
The buyer, a San Francisco-based investment firm, signed a long-term contract with Minnetonka-based Carlson Rezidor Hotel Group, which owns the Radisson Blu Brand, to manage the hotel; renovations will begin later this year.
Shirley Weis is credited with transforming Mayo Clinic during her tenure as chief administrative officer, a role in which she oversees virtually all of the organization’s business operations.
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Shirley Weis is credited with transforming Mayo Clinic during her tenure as chief administrative officer, a role in which she oversees virtually all of the organization’s business operations.
Biotech company BioAmber, which first announced in 2011 that it planned to go public, has lowered the amount that it hopes to raise through its initial public offering.
Among other priorities, legislators must assemble omnibus bills into a workable whole that will fund state programs and projects for the biennium that starts in July.
The company’s quarterly earnings were in line with analysts’ expectations, but mortgage-banking revenue fell 11 percent, causing a decrease in net revenue.
Target is now expecting its adjusted first-quarter earnings to be slightly below what it previously projected, but it remains confident in its full-year forecast.
After rejecting essentially the same offer four times, 55 percent of voting union members on Saturday voted to ratify the contract and end a drawn-out, contentious labor dispute.
Joh. A. Benckiser has agreed to acquire D.E. Master Blenders 1753, marking its third major acquisition in the coffee and tea industry during the past year.
Atomic Data expects 2013 revenue to reach between $16 million and $18 million in light of the acquisition, which also added five employees to its roster.
While Mayo Clinic’s request for expansion funding is being considered at the Capitol, 38 percent of Minnesota business leaders said in a recent poll that they support state funding for the project.
St. Paul-based McGough Construction, whose former projects include Twin Cities landmarks such as the Guthrie Theater and the Ordway Center, has been selected to build Surly’s so-called “destination brewery.”
Television, radio, newspaper, and online ads funded by a group called United for Jobs target the governor’s plan to increase taxes and spending.
Known primarily for its recreational vehicles, Polaris has acquired a French automobile company that makes low-speed personal vehicles, as well as commercial vehicles.
Burnsville-based Rixmann Companies has debuted a new retail store called PA Exchange, which specializes in new and second-hand goods.
Sanford Health’s CEO said the company has a policy of “only going where we are invited,” and the University of Minnesota and Fairview have opted to strengthen their existing relationship rather than pursue a new one involving an ownership transfer.
Xcel Energy contends that even if Boulder, Colorado, establishes a city-run utility, the municipality does not have the legal right to provide electric services outside city limits.