Company officials and union representatives convened Monday to discuss a “return-to-work” agreement; the company said it is “not optimistic of reaching a resolution” due to the differences between its proposal and the union’s counter proposal.
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The importance of discussing your estate plans with your heirs.
July marked the second consecutive month of job gains, although Minnesota’s unemployment rate rose slightly.
Consolidated Container Company plans to acquire Moorhead-based Roffe Container and build a new manufacturing facility in Lakeville, where it will add jobs.
A recent study found that low levels of education among Minnesota’s immigrants, many of whom entered the country as refugees, has raised the poverty rate.
The mill’s owner, Verso Paper Corporation, already laid off most of the plant’s workers and has now decided to shutter the mill permanently.
Capella University said that the proposed marriage amendment will negatively impact local companies’ ability to attract and retain employees; Mayo Clinic, meanwhile, will reportedly not take a position on the proposed amendment.
Duluth-based Cirrus Aircraft will produce airframe components for ICON Aircraft’s light sport planes, which can take off and land on water or conventional runways.
Current CEO Wayne Fortun will take over as chairman following co-founder Jeffrey Green’s retirement from the position.
WSI Industries said that its 47,000-square-foot expansion will accommodate new machinery and new employees.
Carleton College was the highest-ranked Minnesota school, coming in at 31st on Forbes’ annual list of the best colleges and universities in the nation.
The cuts are part of the struggling grocer’s plans to restructure its technology department in an effort to reduce costs and increase efficiency.
The leader of the AFL-CIO pledged support for the local union that represents workers who were locked out by American Crystal Sugar, saying that the organizations are “escalating their campaign for fairness and justice at the company.”
Don Delves, who worked with Best Buy’s compensation committee for seven years, reportedly quit after the retailer awarded retention bonuses not tied to performance to more than 100 managers.
The supermarket chain’s board of directors has approved issuing non-qualified stock options and retention agreements to CEO Craig Herkert, Chief Financial Officer Sherry Smith, and Executive Vice Presidents Janel Haugarth and Andrew Herring; the options and retention payments vest over time.
The move will not result in any job reductions in the Twin Cities, and the firm intends to hire between 300 and 500 new employees in Chicago.
The company is reportedly retooling its Geek Squad team as it shifts employees away from basic home installations to focus on services for small businesses and on providing technology expertise at Best Buy’s smaller, “connected”-format stores.
Prepare to be surprised.