On the news of unexpectedly poor holiday sales, Best Buy’s stock fell nearly 30 percent Thursday and its CEO announced that the company would need to cut costs.
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A recent study revealed that Twin Cities residents are less confident in their personal finances than financial experts believe, and that most plan to focus on paying down debt, rather than increasing spending.
Minnesota startups encompassing the medical device, pharmaceutical, biotechnology, and other life science fields, raised $151 million more in 2013 than last year, according to a recent report.
Target has not indicated that pharmacy records were exposed, although some say the recent data breach amplifies concerns about “medical identity theft” at retail chains with pharmacies.
Allianz Life Insurance Company, Mayo Clinic, and General Mills were named to the list based on employee surveys and company benefits and practices.
New owner TD Bank expects “no significant change” to the portfolio’s value in wake of Target’s data breach.
The vote of the musicians was complex, because members of the orchestra are scattered around the globe, performing with symphony orchestras elsewhere.
Governor Mark Dayton focused on higher education, Capitol renovations, and clean water investments in his most recent proposal.
Golden Valley-based CyberOptics announced Tuesday that it will acquire the assets of Laser Design, Inc.—a Minneapolis-based 3D laser scanning systems provider—as part of its move into the 3D sensor technology market.
The advertising agency will select five to eight summer interns from a group of finalists based on their ideas for marketing a futuristic transportation concept.
Christopher & Banks said that weather conditions affected fourth-quarter sales but its profit margins will likely improve more than the company previously anticipated.
St. Paul’s Seven Corners Hardware was sold to a national real estate developer as a result of rising real estate values in the area and the owner’s interest in other business endeavors.
Maurices released new details—including renderings—of its planned 11-story headquarters building in downtown Duluth.
Since announcing its new amended credit agreement, Dolan’s stock has dropped more than 8 percent, reaching a record low price Tuesday afternoon.
The owner of the Mall of America’s Johnny Rockets’ restaurant is now also bringing a new create-your-own pizza franchise called Pizza Studio to the megamall, with plans for three additional restaurants in the Twin Cities.
Jim Schowalter, commissioner of the Minnesota Department of Management and Budget, called a recent lawsuit "an archetypal case of bad-faith laches."