The job losses likely stem from unseasonable weather; meanwhile, a declining number of Minnesotans seeking jobs helped lower the state’s unemployment rate by 0.1 percent.
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Rust Consulting sent 1.4 million payments on Friday to borrowers across the United States, and some early recipients reported that their checks bounced—a problem that has since garnered national attention; the firm said Wednesday that the issue has been fixed.
Metro Transit is seeking to hire more than 100 bus drivers to replace those who will become train operators for the new Central Corridor light-rail system.
The first three Target stores in Canada were met with mixed reviews as some Canadian customers believed prices were too high.
The acquisition, which is expected to close in the second half of this year, will enhance Piper Jaffray’s municipal and public financial services.
Shirley Weis is credited with transforming Mayo Clinic during her tenure as chief administrative officer, a role in which she oversees virtually all of the organization’s business operations.
The buyer, a San Francisco-based investment firm, signed a long-term contract with Minnetonka-based Carlson Rezidor Hotel Group, which owns the Radisson Blu Brand, to manage the hotel; renovations will begin later this year.
Local organizations collectively doled out more than $190,000 for air quality, waste, and other environmental violations during the first quarter of 2013.
Dayton and lawmakers confirmed on Tuesday that state and Brooklyn Park officials have been working to entice a mystery Fortune 500 pharmaceutical company to come to Brooklyn Park by using a variety of business development tax incentives.
Biotech company BioAmber, which first announced in 2011 that it planned to go public, has lowered the amount that it hopes to raise through its initial public offering.
The local airport was among just 15 U.S. airports to make the list, which was compiled by airline and airport review organization Skytrax.
Meanwhile, the Minneapolis-St. Paul metro area earned a “B+” for small business friendliness in the just-released study, compiled by online service Thumbtack.com in partnership with the Kauffman Foundation.
Target is now expecting its adjusted first-quarter earnings to be slightly below what it previously projected, but it remains confident in its full-year forecast.
The company’s quarterly earnings were in line with analysts’ expectations, but mortgage-banking revenue fell 11 percent, causing a decrease in net revenue.
Among other priorities, legislators must assemble omnibus bills into a workable whole that will fund state programs and projects for the biennium that starts in July.
While Mayo Clinic’s request for expansion funding is being considered at the Capitol, 38 percent of Minnesota business leaders said in a recent poll that they support state funding for the project.