Eagan-based Prime Therapeutics and Bloomington-based The Nerdery are among 100 companies from across the country that received “Hire Power Awards.”
Honors
The metro area ranked third on Travel + Leisure magazine’s list of “America’s favorite cities” based on ratings of readers who are visitors to the area; it ranked 12th based on ratings of those who reside here.
The federal grant will enable university researchers to develop membrane technology that can speed up filtration processes in manufacturing and make them more energy efficient.
Local home prices rose 8.8 percent between September 2011 and September 2012; among 20 major metro areas measured, only Phoenix posted a more significant year-over-year gain.
Among universities that earned more than $2 million in royalties in 2009, the University of Minnesota reportedly saw the biggest drop during the subsequent two years.
A study by the Tax Foundation estimates that a Minnesota household earning $87,319 would pay an estimated $4,382 more in taxes in 2013 than they did in 2011, if Congress is unable to avert the so-called “fiscal cliff.”
An annual study found that Twin Cities residents plan to spend $773 per household on holiday gifts this year, up from $703 last year.
Knowledge Marketing, Outsell, and SPS Commerce made Deloitte’s annual ranking, which is based on revenue growth over the past five years.
The state's unemployment rate remained unchanged at 5.8 percent last month; the professional and business services sector shed the most jobs, while other sectors, like construction, added jobs.
Local companies have pledged monetary support to the American Red Cross and other charities, but they have also offered other types of aid, including truckloads of food, paid vacation to employees dedicated to providing relief, and matching employee contributions; total donations exceed $1.25 million in value.
An annual study found that the companies that are seen as the world’s top innovators—including 3M—are not necessarily those that spend the most money on research and development.
Graves 601 Hotel Wyndham Grand and The Saint Paul Hotel ranked eighth and ninth, respectively, on Condé Nast Traveler’s list, which was compiled based on reader ratings.
According to an annual survey by Deloitte, local consumers plan to boost their spending on gifts by about 3 percent but decrease their overall holiday budgets by the same percentage; the majority of Twin Citians also expect the economy to improve in 2013.
Most local systems applaud the recent rankings, although each is quick to identify shortcomings.
The medical device giant said that the letter contained “11 observations” about its manufacturing plant in Sylmar, California; St. Jude vowed to respond to the FDA by November 7 and said it “has initiated efforts and redirected resources to address the FDA’s observations.”
Best Buy, U.S. Bancorp, Medtronic, and Target were in the top 100 on Newsweek’s annual “green ranking” of the 500 largest U.S. public companies.
