The state’s gross domestic product (GDP) totaled $244.9 billion last year; the 1.2 percent growth rate is less than half of the 3.9 percent increase that the state experienced in 2010.
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Minnesota will benefit from a multi-state, $1.6 million settlement to be paid by the Georgia-based provider of supplemental insurance.
The nonprofit, which keeps people connected with family and friends during major health events, is celebrating its 15th anniversary on Thursday with a Mall of America event at which it will attempt to set the world record for the most people signing a greeting card.
The cuts will occur across all 247 Albertsons stores in California and Nevada; Supervalu said that stores in those states have experienced both a reduction in traffic and an overall decline in sales, and it had not adjusted its store-level operations accordingly.
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The cuts will occur across all 247 Albertsons stores in California and Nevada; Supervalu said that stores in those states have experienced both a reduction in traffic and an overall decline in sales, and it had not adjusted its store-level operations accordingly.
Leadership changes announced Wednesday come on the heels of former Chief Operating Officer Shelly Ibach’s June 1 transition to president and CEO.
HomeServices of America recently purchased a business in Missouri after making acquisitions in Oregon, Washington, and Connecticut earlier this year.
Former M&I Bank executive Jeanne Crain will serve as president and CEO of the Twin Cities region beginning June 18.
Amid anti-trust concerns, the company had proposed selling some of the liquid finishing businesses that it recently acquired from Illinois Tools Works, but the Federal Trade Commission is seeking public comment on a proposed order that would require it to divest all of them.
Shoreview-based Deluxe expects the deal to be “slightly dilutive” to earnings per share for the remainder of the year but to boost 2012 revenue by about $15 million.
On news of an agreement under which the company will be bought by Laboratory Corporation of America Holdings, shares of its stock were trading up 35 percent at $26.66 mid-day Monday.
The new, 11.5-year lease is for 123,882 square feet, roughly half of what the company currently leases—but Piper Jaffray is currently subletting 93,000 square feet of space to other companies, so the space that it actually occupies will shrink by 22,880 square feet.
A Metropolitan Airports Commission spokesman told the Star Tribune that the commission “had a phone conversation with leadership at Pinnacle to express our interest in seeing them move here.”
A New York-based company will operate a St. Paul greenhouse that will grow tomatoes, lettuce, and herbs year-round for local Cub Foods stores.
All-natural sparkling sodas made by St. Louis Park-based Boundary Waters Brands debuted last year and are now available at more than two dozen retailers and restaurants—including Caribou.
The operator of Canterbury Park has agreed to drop its push for a combination racetrack and casino after striking a deal through which the owners of Mystic Lake casino would pay the racetrack tens of millions of dollars.
The founder of The Beer Dabbler Twin Cities beer festivals is branching out with a new craft beer magazine called The Growler, as well as a beer merchandise store that is set to open in late summer.
In addition to the new London office, the local hedge fund manager now has offices in Minneapolis; Austin, Texas; and Singapore.
The coffeehouse operator plans to increase its total store count by 10 percent to 12 percent in 2012.
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