latest articles

MN Bond Rating Downgraded Due to Budget Standoff

Fitch Ratings lowered the rating on $5.7 billion in state general-obligation bonds to AA+ from the best AAA rating, citing "the difficulties in reaching consensus on a plan to address the resulting large budget gap for the biennium that began on July 1."

Mojo Minnesota Incorporates as a Co-op

Co-founder Ernest Grumbles said that Mojo was a bit hesitant to adopt a formal structure, but the co-op structure allows it to move forward with its mission to fuel entrepreneurship in Minnesota.

Local Retail Market Sees Some Positive Signs in Q1

A report from Cassidy Turley indicates that a stagnant economy has prevented any substantial growth from occurring in the Twin Cities retail market, but the introduction of some new retailers and plans for new development are positive signs.