Company also cuts $15 million in “overhead costs,” installs new CFO, and plans Spanish language shopping channel.
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California venture capital firm True Ventures led the round. The capital will go toward building out various aspects of Minneapolis-based Upsie’s operations.
There will be no general tax increase, and no gas tax hike. But there will be a cut in the income tax rate for middle-income earners while a tax on medical providers will continue.
LifeSpan of Minnesota Inc. filed for Chapter 7 bankruptcy on May 21.
Firm aims to use funds to develop IT management platform
Judges dismiss advocates’ concerns as ‘too speculative’
Harteau, who resigned from the force after a fatal police shooting in 2017, will guide Vitals Aware’s national rollout of its first responder-focused app. Additionally, she and TriTech Software Systems’ founder Chris Maloney will join the company’s board of directors.
Once developed into an industrial hub, the site could generate 1,000 new jobs
Edina-based The Dragonfly Group controls the new entity.
Best Buy posts quarterly net earnings of $265 million, up from $208 million last year.
Lorrie Janatopoulos will head CareerForce, a team that helps job seekers find employment.
Owner Christa Surerus sees it as ‘urgent care’ for mental health crises.
The transaction is expected to boost Avtex’s expertise in sales and artificial intelligence.
University is being removed over concerns about ‘athletic competitive parity,’ MIAC says.
Medtronic rebuffs a claim that the FDA allowed the company to hide reports of issues with its Sprint Fidelis defibrillator—recalled in 2007.
Minneapolis retailer sees strong gains in comp store sales, digital sales, and profits.