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Business + Economy

Former DEED Chief Explains Why He Left for Kraus-Anderson

Mark Phillips, who became DEED commissioner in January 2011, said he was “a good fit for a good part of the DEED work” but didn’t enjoy the administrative part of his role; he plans to retire in about five years and wanted to end his career in the private sector.

Hospitality + Events

Christopher & Banks Taps Payless CEO Via as Chief Exec.

LuAnn Via, who has overseen retail brands including Payless ShoeSource, Lane Bryant, and Cacique, will attempt to return Christopher & Banks to profitability.

The Archive

Dining Review: Birdhouse

The new casual restaurant from Stewart and Heidi Woodman walks the walk about eating differently.

The Archive

Macy’s Oval Room Blues

Macy’s whittles stock and buyers in Minneapolis.

Banking + Finance

Citing Slow Economy, MN Cos. Lower Earnings Outlooks

3M, Tennant, and Donaldson recently lowered their earnings outlooks, citing current economic conditions.

Business + Economy

Kraft to Cut 90 Positions in New Ulm, Shift Production Mix

Kraft plans to move its Velveeta line of products and another production line out of New Ulm but boost production of processed cheese at that plant; the shifts will eliminate roughly 80 full-time equivalent hourly positions and 10 salaried positions next year.

Health Care + Med Tech

Senate Committee: Medtronic Manipulated Infuse Studies

A U.S. Senate Finance Committee report based on thousands of documents from Medtronic adds to the controversy surrounding the company’s bone-growth product Infuse, but Medtronic said that it “vigorously disagrees” with the committee’s claims.

Business + Economy

Global Mfg. Co Moves HQ to Minnetonka, Adds Jobs

Taylor-Wharton International, which has more than $200 million in annual revenue, is moving its corporate headquarters to Minnetonka and will relocate up to 30 jobs, with plans to hire new employees in the Twin Cities.

Opus

Pete Conlon

Ecumen

Karen Flores

Village Bank

Arvig

Ben Wiechman

Kremer Law

Kate Eidem

Padilla

Health Care + Med Tech

St. Jude Receives FDA Letter Citing Issues at CA Plant

The medical device giant said that the letter contained “11 observations” about its manufacturing plant in Sylmar, California; St. Jude vowed to respond to the FDA by November 7 and said it “has initiated efforts and redirected resources to address the FDA’s observations.”

Hospitality + Events

Best Buy Ousts 2 Execs., Expects 3Q Profits to Decline

In an attempt to become more nimble, Best Buy has opted to eliminate a layer of top management in its U.S. operations as the company continues to face declining sales.

The Archive

Consumer Reports Hits MN Hospitals Over Safety

Most local systems applaud the recent rankings, although each is quick to identify shortcomings.

Workforce + Talent

Studio/E and the Meeting of Many Minds

Studio/E helps professionals think afresh in a time when the old approaches to success don’t work as well as they used to.

Banking + Finance

Imation to Lay Off 20%, Restructure; Analyst Weighs In

Amid dismal quarterly earnings, Imation also said that it will explore “strategic alternatives” for its consumer electronics brands and businesses as it increases its focus on data storage and security; an analyst said that although Imation has “the resources to be successful,” he doesn’t see such businesses as highly attractive to potential buyers.

Transportation

Air France to Offer MSP-Paris Flights in Summer 2013

The seasonal service, which marks Air France’s first in the Twin Cities, will include five flights a week from May 21 through June 16 and one flight daily from June 17 through September 1.

Business + Economy

Canadian Pharma Co. Moves HQ to MN, Will Hire 20

DiaMedica, which is developing drugs to treat diabetes, chose to move to the Twin Cities because of the area's strong life sciences sector, among other benefits.