The company’s quarterly earnings were in line with analysts’ expectations, but mortgage-banking revenue fell 11 percent, causing a decrease in net revenue.
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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.”
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.
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.
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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.
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.
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.
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.
Television, radio, newspaper, and online ads funded by a group called United for Jobs target the governor’s plan to increase taxes and spending.
The sale aligns with the struggling company’s efforts to evaluate “non-core” assets, cut costs, and refocus on its North American salon operations.
During R.T. Rybak's 12-year tenure, Minneapolis has paid down $241 million in debt and cut spending by 16 percent.
The U.S. Postal Service still expects to add 400 new carrier assistants in Minnesota despite Congress’ move to thwart a shortened mail week.
Saint Paul Chamber Orchestra musicians, who have been locked out since October, have agreed to vote on management’s latest offer, although management must first reach a separate agreement with a national union.
The high cost of feed ingredients fueled by a national drought was among the factors that caused Cargill’s third-quarter earnings to drop from $766 million to $445 million.
A day after Attorney General Lori Swanson pressed for information at a hearing at the state Capitol, state lawmakers reportedly introduced bills that would place a moratorium on the sale of University of Minnesota hospitals to an out-of-state company.
Governor Mark Dayton focused on higher education and Capitol renovations in his $750 million bonding proposal, which also calls for Nicollet Mall to be reconstructed.
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