Princeton hopes that an entrepreneurial contest will attract new businesses and strengthen its downtown economy.
Industry
Summit Brewing Company, Fitger’s Brewhouse, and Minneapolis Town Hall Brewery each took home a medal from this year’s Great American Beer Festival.
The company will pay about $1.7 billion in cash and issue roughly 8 million shares of its stock for Champion Technologies, which offers products and services to the oil and gas industry.
With the help of a grant from the Bill & Melinda Gates Foundation and The William and Flora Hewlett Foundation, a new Minneapolis school aiming to breed entrepreneurs will open in August 2013.
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With the help of a grant from the Bill & Melinda Gates Foundation and The William and Flora Hewlett Foundation, a new Minneapolis school aiming to breed entrepreneurs will open in August 2013.
The company plans to complete a direct public offering, and its shares will be traded via the “over-the-counter” market.
Weber succeeds Scott Christian, who abruptly resigned in June after about a year on the job; the leadership transition comes at a time when XRS is shifting away from onboard fleet-management systems and toward the use of mobile devices.
University of Minnesota Duluth alumnus Brian Kobilka and Robert Lefkowitz of Duke University will share the award for their research on protein receptors, which help the body sense and respond to outside signals.
Minnesota ranks fifth among all states in terms of ethanol production capacity—and every dollar invested in building ethanol plants within the state between 1990 and 2011 generated $8.13 for the state’s economy.
Driven by a 10.4 percent revenue boost and a growing industrial vending machine business, Fastenal’s earnings grew nearly 13 percent during the third quarter.
Small businesses owners in the state who responded to a recent survey said that the economy and jobs are the most critical issues in the upcoming presidential election, while ethics, honesty, and corruption in government are also important when selecting a candidate.
Despite huge crowds and a few broken glasses, the annual Zombie Pub Crawl is no nightmare for bar owners.
Profits rose dramatically as the company cut costs, but Cargill said that the impact of the U.S. drought on its business “has been mixed and will continue to be so in the months ahead.”
Citing an unnamed source, the Star Tribune reported that 33 South Sixth is expected to be sold to a San Francisco real estate firm.
The loan volume declined modestly from the previous year, which was inflated by a temporary government program.
Jim Muehlbauer, who joined Best Buy a decade ago, will depart the company by the conclusion of its fiscal year; meanwhile, founder Richard Schulze is reportedly making progress toward a buyout bid.
More than 60,000 technology training videos created by Little Falls-based Atomic Learning will be available to Best Buy employees and some Geek Squad customers.
New business filings for the first three quarters of 2012 totaled 47,069, compared to 39,977 for the same period in 2011.
The store will be fully stocked for the holidays and will offer items from the highly anticipated limited holiday collection that Neiman Marcus and Target partnered to create.
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