In the two years since its inception, the Angel Tax Credit Program has attracted more than $126 million in private investments for small and emerging companies in the state.
Industry
The state received “strong” or “very strong” ratings in the majority of the 12 primary measures included in the report, resulting in the highest overall score among states.
Some high-profile projects—like the proposed St. Paul Saints ballpark and the Southwest Corridor light-rail line—previously announced plans to seek a share of the state funding, but 90 applications have now been filed.
The retailer said that the offer wasn’t in the best interest of its stockholders and adopted a measure to discourage a hostile takeover.
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The retailer said that the offer wasn’t in the best interest of its stockholders and adopted a measure to discourage a hostile takeover.
Archway—which employs roughly 1,800—operates more than 4 million square feet of warehouse facilities across 14 major metro areas throughout the United States and Canada.
The cuts, which include roughly 600 Geek Squad positions, are in addition to 400 corporate layoffs announced in March.
A condominium association for Greenbrier Village in Minnetonka and association management firm Gassen Company are accused of discriminating against potential homeowners and renters by enforcing an adults-only policy.
Wayzata Investment Partners, which owns 49.8 percent of the media company, is seeking to buy some shares from another investor, thus increasing its stake to 58.2 percent.
Foxy Falafel owner Erica Strait is planning a permanent storefront in the former Café Caribe space in St. Paul.
The job cuts come at a time when Xata—which provides fleet-management software for trucking companies—is moving away from onboard systems and toward the use of mobile devices.
NewPage, which employs 285 at its Duluth paper mill, said that the proposed merger “posed significant downside risks to its stakeholders, employees, and business.”
UnitedHealth Group plans to hire 115 employees for a call center in Chico, California—continuing a recent hiring streak through which it is already adding more than 2,000 jobs in Colorado and Texas.
The retailer said that June sales were strongest in the food category, followed by health and beauty.
Roughly 65 percent of respondents to a recent Twin Cities Business poll said they believe the marriage amendment would have an impact on Minnesota businesses, and 50 percent said it is appropriate for companies to take a public stance on such issues.
Accretive Health moved to dismiss an amended lawsuit filed last month, which accuses the company of overly-aggressive debt-collection tactics and includes sworn statements from hospital patients.
Health benefits administrator TriWest formally protested the government’s decision to award a $20.5 billion military contract to UnitedHealth Group, but an independent government agency upheld the decision.
The founder and former leader of alternative energy start-up Bixby Energy Systems pleaded not guilty Thursday to the fraud charges that he faces.
Reentry Connect, a collaboration between Twin Cities Rise! and RS Eden, will use the funding to provide work force development assistance to previously incarcerated women.
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