latest articles

Forbes: Mpls.-St. Paul Most Relaxed Metro in U.S.

The Twin Cities area was found to have a lower-than-average unemployment rate, good overall health and access to health care, a manageable number of working hours among residents, and a relatively short commute time.

Major IT Co’s Avtex, Inetium, Convergent to Merge

The companies will not disclose the financial terms of the two separate transactions that comprise the merger, but an Inetium executive said that the combined company's revenue will total about $50 million, and it will have more than 600 clients.

Sage Electrochromics Gets $80M Investment

The company continues to grow through investments and funding, like the most recent $80 million investment from Saint-Gobain-a glass and construction material manufacturer based in France.

CardioNet to Acquire Biotel for $11M

The companies terminated a previous $14 million purchase agreement in July 2009 after CardioNet claimed that Biotel failed to comply with the terms of the agreement.

Mpls. Approves Funds for Riverside Plaza Project

The $1.9 million in assistance and up to $80 million in revenue bonds that the City Council has approved is expected to preserve affordable housing, create construction jobs, and improve public safety at Riverside Plaza.

Target Fixes Coupon Glitch Sooner Than Expected

At noon on Tuesday, a company spokeswoman told Twin Cities Business that a problem resulting in customers getting shortchanged on their coupons would be resolved by November 15; four hours later, she said that the glitch was fixed for good.

Target Vows to Fix Coupon Glitch by Nov. 15

A company representative said that the company has educated cashiers about the issue so that they can make necessary adjustments at the time of sale-but she declined to comment on why the coupon problem had occurred, why it hadn't been addressed sooner, and what was involved in the permanent fix.