Dayton and lawmakers confirmed on Tuesday that state and Brooklyn Park officials have been working to entice a mystery Fortune 500 pharmaceutical company to come to Brooklyn Park by using a variety of business development tax incentives.
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Shirley Weis is credited with transforming Mayo Clinic during her tenure as chief administrative officer, a role in which she oversees virtually all of the organization’s business operations.
The buyer, a San Francisco-based investment firm, signed a long-term contract with Minnetonka-based Carlson Rezidor Hotel Group, which owns the Radisson Blu Brand, to manage the hotel; renovations will begin later this year.
Local organizations collectively doled out more than $190,000 for air quality, waste, and other environmental violations during the first quarter of 2013.
Among other priorities, legislators must assemble omnibus bills into a workable whole that will fund state programs and projects for the biennium that starts in July.
Biotech company BioAmber, which first announced in 2011 that it planned to go public, has lowered the amount that it hopes to raise through its initial public offering.
The local airport was among just 15 U.S. airports to make the list, which was compiled by airline and airport review organization Skytrax.
Meanwhile, the Minneapolis-St. Paul metro area earned a “B+” for small business friendliness in the just-released study, compiled by online service Thumbtack.com in partnership with the Kauffman Foundation.
Target is now expecting its adjusted first-quarter earnings to be slightly below what it previously projected, but it remains confident in its full-year forecast.
The company’s quarterly earnings were in line with analysts’ expectations, but mortgage-banking revenue fell 11 percent, causing a decrease in net revenue.
After rejecting essentially the same offer four times, 55 percent of voting union members on Saturday voted to ratify the contract and end a drawn-out, contentious labor dispute.
Atomic Data expects 2013 revenue to reach between $16 million and $18 million in light of the acquisition, which also added five employees to its roster.
Corporate Responsibility magazine named Hormel, General Mills, 3M, Mosaic, and Target to its 2013 list.
Joh. A. Benckiser has agreed to acquire D.E. Master Blenders 1753, marking its third major acquisition in the coffee and tea industry during the past year.
While Mayo Clinic’s request for expansion funding is being considered at the Capitol, 38 percent of Minnesota business leaders said in a recent poll that they support state funding for the project.
St. Paul-based McGough Construction, whose former projects include Twin Cities landmarks such as the Guthrie Theater and the Ordway Center, has been selected to build Surly’s so-called “destination brewery.”
Xcel Energy contends that even if Boulder, Colorado, establishes a city-run utility, the municipality does not have the legal right to provide electric services outside city limits.
Television, radio, newspaper, and online ads funded by a group called United for Jobs target the governor’s plan to increase taxes and spending.