However, the number of foreclosures is still three times higher than in 2005; meanwhile home sales in January jumped 11 percent year-over-year.
Industry
Edwards Jones Mortgage, LLC, a joint venture between Wells Fargo and investment firm Edward Jones, will close next month.
The company, which recently changed its name to Holaira, employs about 20, roughly half of whom have joined since its move to Plymouth.
St. Paul-based King Brothers Clothiers has introduced the ShelbyKnot Collection, a line of neckwear that shares the name of a knot made popular by Don Shelby.
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St. Paul-based King Brothers Clothiers has introduced the ShelbyKnot Collection, a line of neckwear that shares the name of a knot made popular by Don Shelby.
In addition to the Sports Illustrated partnership, Target rolled out a commercial boasting an exclusive version of Justin Timberlake’s first album in six years, and it promoted its exclusive new Prabal Gurung design collection with a lavish launch party during New York Fashion Week.
Lawyers for Subramanian Krishnan and the U.S. Securities and Exchange Commission reached a “tentative settlement,” which must be approved by the SEC in Washington, D.C., a process that can take several months, before being sent to a judge for approval.
Indeed Brewing Company plans to double its production capacity through a $250,000 upgrade; 612Brew, meanwhile, will open its taproom on Wednesday.
The 42-acre site on which FedEx wants to build is owned by Bremer Bank, but the company will lease it if the City of Maple Grove approves its building plans.
A plan from The Minnesota Sports Facilities Authority calls for 11 percent of Vikings stadium construction contracts to go to women-owned firms and 9 percent to minority-owned businesses; only work by Minnesota companies will count toward the goal.
The company’s Twin Cities work force and locations will reportedly not be affected.
The company’s fourth-quarter earnings per share, announced Tuesday, were slightly lower than what analysts were expecting—and its CEO acknowledged that C.H. Robinson is off to a slow start this year in its North American trucking logistics business.
However, same-store sales were strongest in the food and health and beauty categories, and company CEO Gregg Steinhafel said consumers are shopping “with discipline in the face of a slow economic recovery” and new pressures like payroll tax increases.
A proposed expansion of taxes to business services could cause some local businesses to cut jobs or relocate; meanwhile, a Wisconsin lawmaker is trying to lure disgruntled companies across the border.
The University of Minnesota, Carleton College, Macalester College, and St. Olaf College were among 150 colleges recognized based on assessments that examined data covering academics, cost, and financial aid.
Coca-Cola’s chief executive has been elected to 3M’s board of directors; meanwhile, 3M’s CEO said the company’s new dividend and share repurchase program reflect “confidence in 3M’s future.”
Minnesota is behind only five other states in terms of annual tax revenue loss stemming from corporations and wealthy individuals shifting profits offshore.
UnitedHealth Group, 3M, the University of Minnesota, Great Clips, and Wells Fargo each have hundreds (or thousands) of local jobs they’re looking to fill.
The recently released figure gives the first and only indication to date about how the Natick, Massachusetts-based company’s ongoing restructuring is affecting its local work force.