The struggling data storage company, which reported a fourth-quarter loss of $310.2 million, said it is in the midst of a strategy to turn itself around, which includes previously-announced plans to cut 20 percent of its global work force.
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However, the number of foreclosures is still three times higher than in 2005; meanwhile home sales in January jumped 11 percent year-over-year.
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.
Minneapolis-based Target ranked 10th, and Edina-based ReconRobotics and three other robotics companies collectively ranked 44th.
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Minneapolis-based Target ranked 10th, and Edina-based ReconRobotics and three other robotics companies collectively ranked 44th.
Six of the nine Minnesota companies recognized are based in Rochester.
The 42-acre site on which FedEx wants to build is owned by Bremer Bank, but the company will lease it if the City of Maple Grove approves its building plans.
In addition to the Sports Illustrated partnership, Target rolled out a commercial boasting an exclusive version of Justin Timberlake’s first album in six years, and it promoted its exclusive new Prabal Gurung design collection with a lavish launch party during New York Fashion Week.
The company, which recently changed its name to Holaira, employs about 20, roughly half of whom have joined since its move to Plymouth.
Mortenson Construction is one of two firms still in the running, but its competitor, Arizona-based Hunt Construction, has ramped up efforts to win the contract by partnering with Kraus-Anderson Construction.
The company’s Twin Cities work force and locations will reportedly not be affected.
Anytime Fitness and Code 42 Software were recognized as two of the top 100 privately held, high-growth businesses.
The company’s fourth-quarter earnings per share, announced Tuesday, were slightly lower than what analysts were expecting—and its CEO acknowledged that C.H. Robinson is off to a slow start this year in its North American trucking logistics business.
However, same-store sales were strongest in the food and health and beauty categories, and company CEO Gregg Steinhafel said consumers are shopping “with discipline in the face of a slow economic recovery” and new pressures like payroll tax increases.
The 400 part-time city carrier assistants will be needed during periods of heavy mail volume and will reduce the amount of overtime worked by other employees.
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.
The University of Minnesota, Carleton College, Macalester College, and St. Olaf College were among 150 colleges recognized based on assessments that examined data covering academics, cost, and financial aid.
The celebrity chef and Bizarre Foods host reportedly said that “restaurants in the skyway are serving some of the worst food in the city.” Meanwhile, local food trucks have formed a group to respond to skyway restaurants’ claim that trucks are hurting business.
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