Industry

Real Estate Pros Anxious for End to State Shutdown

During the state shutdown, the Commerce Department isn't processing licenses and renewals for some real estate professionals-which is leaving some without work and keeping new agents from entering the field. And an extended shutdown would have a much larger impact, which could be felt by homeowners and prospective buyers.

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Report: State, IRS Seek $2.5M in Petters Assets

The Pioneer Press reports that the Minnesota Department of Revenue and the IRS, which have identified tax liabilities dating back to 2004, are asking for $2.5 million in ill-gotten assets being controlled by receiver Doug Kelley.

Cirrus Buyer Pledges to Keep Jobs in Duluth

While some Minnesotans worried that Cirrus' acquisition by a Chinese company could result in the elimination of Duluth jobs, both the acquiring company's leaders and the City of Duluth have reportedly pledged to support the business-and keep its operations in the northern Minnesota town.
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