There are new owners, leadership, and an enhanced luxury emphasis at Galleria.
Leadership
St. Cloud-based scrapbooking company Creative Memories filed for bankruptcy for the second time in five years and plans to lay off 163 employees.
In a new report, Minnesota fared poorly with respect to the proportion of adults who started a new business in 2012; a nationwide lull in new-business activity, however, appears tied to an improvement in the overall economy.
Shirley Weis is credited with transforming Mayo Clinic during her tenure as chief administrative officer, a role in which she oversees virtually all of the organization’s business operations.
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Shirley Weis is credited with transforming Mayo Clinic during her tenure as chief administrative officer, a role in which she oversees virtually all of the organization’s business operations.
Dayton and lawmakers confirmed on Tuesday that state and Brooklyn Park officials have been working to entice a mystery Fortune 500 pharmaceutical company to come to Brooklyn Park by using a variety of business development tax incentives.
Meanwhile, the Minneapolis-St. Paul metro area earned a “B+” for small business friendliness in the just-released study, compiled by online service Thumbtack.com in partnership with the Kauffman Foundation.
The local airport was among just 15 U.S. airports to make the list, which was compiled by airline and airport review organization Skytrax.
While Mayo Clinic’s request for expansion funding is being considered at the Capitol, 38 percent of Minnesota business leaders said in a recent poll that they support state funding for the project.
Minnesota businessman Jim Graves has thrown his hat in the ring once again, having just announced plans to run against U.S. Representative Michele Bachmann in the 2014 Congressional race.
During R.T. Rybak's 12-year tenure, Minneapolis has paid down $241 million in debt and cut spending by 16 percent.
Governor Mark Dayton focused on higher education and Capitol renovations in his $750 million bonding proposal, which also calls for Nicollet Mall to be reconstructed.
David Kaysen, president and CEO of Minnetonka-based Uroplasty, stepped down from his roles on April 5.
Governor Mark Dayton stopped by the event, saying he was there to support Coleman both as a governor on his lunch hour, and as a constituent.
Michael O’Shaughnessy allegedly received $670,000 in fees and bonuses from convicted Ponzi schemer Tom Petters, and court-appointed receiver Doug Kelley is trying to recover it so that it can be used to help repay victims of Petters’ fraud scheme.
Longtime Supervalu employee Sherry Smith, who became CFO in late 2010, will leave at the end of May—and Supervalu said it will name a successor “at a later date.”
The locked-out workers are meeting to vote on American Crystal Sugar Company’s contract offer, which remains nearly unchanged since 2011, for the fifth time.
Sona Mehring announced plans to run for Congress in Minnesota's Second Congressional District, which is currently represented by Republican John Kline.
Smits succeeds former CFO Sergio Rial—who resigned from his post in late November in order to return to his native Brazil for unspecified personal reasons.
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