latest articles

Why MN May Attract Med-Tech Jobs from Overseas

A recent report says that the cost of running a medical device production facility in the Twin Cities is competitive with other domestic locations, and there are a lot of other factors that can attract med-tech jobs.

Did You Know? A Tornado Gave Best Buy Its Name

June 14th marks the 30th anniversary of a tornado that tore through Sound of Music's flagship Roseville store. The company responded with a "tornado sale"-promoted as a "best buy"-and its success prompted a name change to Best Buy in 1983.

Hecker’s Bad Business Deal Set for $4.1M Settlement

Eden Prairie-based Gelco has agreed to pay the money in connection with a business deal that dates back to 2005; $2.1 million would go to Hecker's bankruptcy trustee on behalf of Hecker's creditors, $1.5 million would go to U.S. Bank, and $500,000 would go to Chrysler.

Mpls Fed: Regional Bank Recovery Is “Weak”

The Minneapolis Fed said that banking conditions in the Midwest remained relatively flat during the first quarter, but Senior Vice President Ron Feldman expects improvement during the rest of the year.