Article Archives

Post Type of: Article

Energy + Environment

Mpls. Holds Public Hearing Over City-Owned Utility

Minneapolis is considering adding a November ballot measure about whether to form a city-owned utility; meanwhile, the Minneapolis Chamber of Commerce and Xcel Energy, which would lose a contract if the city created a utility, have criticized the process.

Banking + Finance

Pentair’s Sales, Earnings Double After Tyco Merger

The company’s second-quarter net profits and sales both doubled, due largely to a 2012 merger.

Technology

Best Buy Sells New $15K Curved LG TV

On Monday, senior executives from LG Electronics USA and Best Buy introduced a new 55-inch high-definition TV to the U.S. market at Best Buy’s store in Richfield.

Economy

Minneapolis City Council Approves Downtown East Concept

There was little discussion about plans for two office towers, a parking ramp, a public park, and residential and retail space.

Lists

Duluth: A City That Plays And Works

Good jobs in several industries are attracting talent and dollars.

Economy

Immigration Reform: MN’s Changing Face Of Labor

Business groups have been quietly championing immigration reform—because without it, the state’s labor pool will dry up.

Agriculture

Nash Finch To Be Acquired In $1.3 Billion Deal

Edina-based Nash Finch agreed to an all-stock merger with fellow food distributor Spartan Stores, a deal that is expected to create a $7.5 billion company.

Other

Private Equity Fund Proposed To Aid MN Startups

A group of Minnesotan venture capitalists and fund managers recently suggested that Governor Mark Dayton consider a private equity fund financed by large banking institutions, foundations, and pension funds to aid small startups in the state.

News

New Book Chronicles A Love-Hate History With Northwest Airlines

To many of us it may have been “Northworst,” but in the fading light of history, the Twin Cities doesn’t seem the same without a large hometown airline. Northwest Airlines

News

For The Vikings, What’s In A Stadium Name?

News

Where’s The Growth Among MN Employers?

Economic and political factors are squeezing profit margins while hindering revenue growth at Minnesota companies, according to Twin Cities Business’ quarterly economic indicator survey of businesses across the state in late

Transportation

Delta Is Flying High On The Iron Range

Delta’s Chisholm reservation center is the airline’s best.

Banking + Finance

Select Comfort’s Stock Drops On 42% Lower Profits

The company behind Sleep Number beds had seen its stock climb consistently over the last few months to about $27 per share, but its shares fell Thursday after the company released its second-quarter financial results.

Arts + Entertainment

Thrivent, Others Urge Congress To Retain Tax Exemption

Thrivent Financial and other “fraternal benefit societies” are making a push to ensure they remain tax-exempt when the writers of the nation’s tax code start with a “blank slate.”

Transportation

Metro Transit Reports Nearly 40 Million Bus And Train Rides In First Half Of 2013

Although Hiawatha light rail line riders were down slightly over last year’s record totals, the North Star commuter rail line was up 15 percent.

Economy

Costs Climb Higher For Southwest Light-Rail Line

The cost of the proposed light-rail line could balloon from $1.25 billion to nearly $1.7 billion, depending on which option planners select for dealing with existing freight rail.

Economy

Nearly $1M In Incentives Attract 100 MN Jobs

Valley Cartage relocated its headquarters from Hudson, Wisconsin to Lake Elmo after the state offered it a $500,000 forgivable loan and the opportunity to apply for $400,000 in tax credits.

Economy

MN Software Co. Makes 4th Acquisition, Eyes More Deals

HighJump Software, a global provider of supply-chain software, acquired Denmark-based Evenex, marking its fourth acquisition since 2008.

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