After a steep decline in first-quarter profits, Piper Jaffray Companies announced Wednesday that it plans to reduce its work force by 2 percent to 3 percent-or up to 30 employees.
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Minnesota's unemployment rate climbed another 0.1 percent in March to a seasonally adjusted 5.8 percent, according to data released Thursday by the Minnesota Department of Employment and Economic Development (DEED).
Struggling women's apparel retailer Christopher & Banks Corporation is shaking up its leadership team yet again. The Plymouth-based company said Tuesday that Michael Lyftogt, who has served as chief financial
The long-vacant space in Duluth that previously housed Northwest Airlines' maintenance operations has landed a new tenant-one that could bring more than 200 jobs to the city. The City of
During the next three decades, the local economy will continue to grow, and as the Twin Cities population increases, so will racial diversity. That's according to data released Wednesday by
Almost five years after it began work on developing a single-engine jet, Duluth-based Cirrus Aircraft has the necessary funding to get the project off the ground. The company announced Wednesday
The Minnesota Legislature has approved a bill that would allow employers to set a hiring preference for veterans and some of their spouses-and the bill is now awaiting final review
A House committee on Monday voted 9 to 6 to reject a Vikings stadium funding bill, perhaps ending the $975 million stadium plan's chances of gaining legislative approval this year.
St. Paul-based advocacy group Minnesotans For a Fair Economy has criticized four large banks, including U.S. Bank and Wells Fargo, for charging customers exorbitant rates-as high as 365 percent-on loans
Golden Valley-based Tennant Company claims that its ec-H20 cleaning technology is designed to electrically convert ordinary tap water into a powerful detergent that cleans effectively, saves money, and reduces environmental
Amid various efforts to reduce costs and simplify its business, Regis Corporation announced Friday that it has entered into an agreement to sell its minority stake in Provalliance-the largest hair
Work produced by two Minnesota arts groups was recently recognized with Pulitzer Prizes. In the music category, the 2012 Pulitzer went to Silent Night, which was written by New Yorker
Best Buy Company, Inc., has identified 50 big-box stores that it will close this year-including six in Minnesota-as it aims to revamp its business model and reduce costs. The company's
Turns out, one way to help women be successful is to keep them away from men. A study conducted by the University of Minnesota and the University of Texas at
Capella Education Company has acquired the remaining stake in Sophia Learning, LLC-a technology start-up that operates a teaching and learning website that weds education and social media and is billed
Tornier, Inc., on Friday announced plans to relocate its distribution operations from Texas to Minnesota-a move that will involve adding 50 to 60 jobs in the Twin Cities. Tornier is
Eden Prairie-based 3-D printer manufacturer Stratasys, Inc., will soon merge with Objet, Ltd., a Rehovot, Israel-based company that also makes 3-D printers, the companies said Monday. The boards of both
Despite St. Jude Medical's request that a recent article by Minneapolis cardiologist Robert Houser be retracted, the online journal that published it, Heart Rhythm Journal, has reportedly said it will