Macy’s has closed and Lawson might leave, but the Saints ballpark, light rail, and residential projects are underway.
The CBD looks ready to reinvent itself.
Leadership
The University of St. Thomas board of trustees elected Julie Sullivan as the successor to Dennis Dease, who will retire June 30 after 22 years as president of the university.
7000 Sandell Condominiums’ homeowners association and property managers will pay $40,000 to settle allegations that they violated the Fair Housing Act.
A lawsuit that Attorney General Lori Swanson filed last month alleges that the company and its leader failed to deliver and maintain operational systems to farmers who invested in them and failed to make good on promised sales and revenue projections.
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A lawsuit that Attorney General Lori Swanson filed last month alleges that the company and its leader failed to deliver and maintain operational systems to farmers who invested in them and failed to make good on promised sales and revenue projections.
Lawyers for Subramanian Krishnan and the U.S. Securities and Exchange Commission reached a “tentative settlement,” which must be approved by the SEC in Washington, D.C., a process that can take several months, before being sent to a judge for approval.
Minneapolis-based Target ranked 10th, and Edina-based ReconRobotics and three other robotics companies collectively ranked 44th.
A proposed expansion of taxes to business services could cause some local businesses to cut jobs or relocate; meanwhile, a Wisconsin lawmaker is trying to lure disgruntled companies across the border.
Anytime Fitness and Code 42 Software were recognized as two of the top 100 privately held, high-growth businesses.
Coca-Cola’s chief executive has been elected to 3M’s board of directors; meanwhile, 3M’s CEO said the company’s new dividend and share repurchase program reflect “confidence in 3M’s future.”
A new study analyzed how each of the 50 states and the District of Columbia handled the voting process during the 2008 and 2010 elections, and Minnesota is among seven “high performers.”
Minnesota is behind only five other states in terms of annual tax revenue loss stemming from corporations and wealthy individuals shifting profits offshore.
Struggling Supervalu, which recently struck a deal to sell several of its brands, said that its new CEO will start immediately rather than assuming his post after the close of the sale, as was previously planned.
A new report also found that a majority of Minnesotans plan to spend their leisure time in the state.
The Minnesota Twins, Bremer Bank, Graco, and Mortenson Construction were among the local companies that made the list, which was compiled by employee survey firm, WorkplaceDynamics.
Greg Fluet, who has served as interim CEO since November, takes the helm at a time when the company’s stock is struggling to meet Nasdaq’s minimum bid price requirements.
Designs on your genes.
Earlier this month, Wisconsin Governor Scott Walker scored a major victory when a federal appeals court upheld a state law.
Others that made the list include The Saint Paul Hotel, Hotel Ivy, and The Westin Edina Galleria.
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