Industry Archives

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Hospitality + Events

Target Sept. Sales Up; Co. to End Monthly Reporting

The retailer, which reported a same-store sales jump of 2.1 percent last month, said that its decision to stop releasing monthly sales figures will “provide greater understanding of our sales results in the context of our overall financial performance.”

Banking + Finance

3M Terminates Planned $550M Avery Dennison Acquisition

The announcement comes a month after the companies vowed to address regulators’ concerns that the deal would lead to unfair competition and said they were committed to making it happen.

Business + Economy

St. Paul Lands $403K for Hamm’s Brewery Project

The renovated 8.8-acre site is expected to house a commercial kitchen and a produce and fish farm—and it is among the locations being considered by St. Paul’s Flat Earth Brewing Company, which is looking for a larger space.

Technology

Best Buy Hires Online Prez., May Cut Online Prices

Scott Durchslag will lead Best Buy’s website and e-commerce initiatives as the company attempts to turn itself around and its founder works on a private takeover attempt.

Latest Articles

Technology

Best Buy Hires Online Prez., May Cut Online Prices

Scott Durchslag will lead Best Buy’s website and e-commerce initiatives as the company attempts to turn itself around and its founder works on a private takeover attempt.

Banking + Finance

Wells Fargo Grows MN Deposits, Widens Lead on U.S. Bank

According to new data, Wells Fargo holds 43 percent of bank deposits in Minnesota—up from its 30.5 percent share last year and nearly double the 22.5 percent share held by local competitor U.S. Bank.

Agriculture

AFL-CIO Plans American Crystal Sugar Boycott

The national organization, which represents 56 unions, said it endorses a boycott of American Crystal Sugar products; meanwhile, an American Crystal Sugar representative said the company is currently focused on its replacement workers.

Banking + Finance

U.S. Bank Execs. Among “Most Powerful Women in Banking”

Additional company executives made appearances on American Banker magazine’s 25 “women to watch” ranking and its list of top banking teams.

Agriculture

Twin Cities Restaurants on Zagats Best-of Rankings

In a survey in which 10,554 diners weighed in on everything from their favorite burger and fries to salad and fast-food chain, Caribou Coffee and Buffalo Wild Wings were among the local chains that did well.

Technology

Union Covering 1,800 MN CenturyLink Workers OKs Strike

A union representing former employees of Qwest, which merged last year with CenturyLink, has authorized a strike in the event that workers are unable to reach a labor agreement by midnight on Sunday.

Politics + Public Policy

White House Expedites Review Process for SW Corridor

The White House has decided to fast-track the federal permitting and environmental review process for the Southwest Corridor light-rail line.

Arts + Entertainment

MN Orchestra Locks Out Players, Cancels Concerts

The musicians rejected a proposal from the orchestra’s leaders, which would have cut players’ average annual pay from $135,000 to $89,000; the organization, which said it can’t afford to continue paying players under the former contract, subsequently locked out the musicians.

Banking + Finance

3M to Pay $860M to Acquire High-Tech Ceramics Maker

Ceradyne, which makes high-tech ceramics and reported $572 million in 2011 revenue, will join the energy and advanced materials division within 3M’s industrial and transportation business.

Energy + Environment

Northern Oil and Gas President Ryan Gilbertson Resigns

The company said that Ryan Gilbertson resigned from his position at the oil extraction and production company he cofounded to pursue other business and charitable activities.

Workforce + Talent

Navigate Forward Guides the Next Regeneration

Navigate Forward guides later-career executives toward their future. Its North Star: Define your brand.

Prince, the Artist Formerly Known as Current on His Taxes

Prince pays his property taxes . . . eventually.

Banking + Finance

Fast-Growing MN Bike Co. Dero Bought by TN Firm

Dero, which reportedly grew 29 percent between 2006 and 2010, will continue day-to-day operations at its Minneapolis headquarters.

Hospitality + Events

Minnetonka Moccasin Sues Target Over Shoe Design

Minnetonka Moccasin said Target began selling shoes with “a beaded thunderbird design nearly identical” to its own design after the Minnetonka company passed on an opportunity to sell its products in Target stores.

Banking + Finance

New York Life Buys Stake in $2.2B Cornerstone Capital

Minneapolis-based Cornerstone Capital Management said the investment will allow it to benefit from New York Life’s “global breadth and depth in distribution, marketing, and service.”

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June/July 2026

Industry

Target Sept. Sales Up; Co. to End Monthly Reporting

3M Terminates Planned $550M Avery Dennison Acquisition

St. Paul Lands $403K for Hamm’s Brewery Project

Best Buy Hires Online Prez., May Cut Online Prices

Latest Articles

Best Buy Hires Online Prez., May Cut Online Prices

Wells Fargo Grows MN Deposits, Widens Lead on U.S. Bank

AFL-CIO Plans American Crystal Sugar Boycott

U.S. Bank Execs. Among “Most Powerful Women in Banking”

Twin Cities Restaurants on Zagats Best-of Rankings

Union Covering 1,800 MN CenturyLink Workers OKs Strike

White House Expedites Review Process for SW Corridor

MN Orchestra Locks Out Players, Cancels Concerts

3M to Pay $860M to Acquire High-Tech Ceramics Maker

Northern Oil and Gas President Ryan Gilbertson Resigns

Navigate Forward Guides the Next Regeneration

Prince, the Artist Formerly Known as Current on His Taxes

Fast-Growing MN Bike Co. Dero Bought by TN Firm

Minnetonka Moccasin Sues Target Over Shoe Design

New York Life Buys Stake in $2.2B Cornerstone Capital

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