Post Type of: Article

Minnesota Budget Forecast: $876M Surplus

After a series of budget deficits, state budget officials are estimating an $876 million surplus for the remainder of the two-year budget cycle. That's according to the November forecast released

Target Announces Deals, Gears Up for Strong Dec.

On the heels of weaker-than-expected November sales, Target Corporation is positioning itself to capture significant sales during the holiday season by offering various discounts and promotions. The Minneapolis-based retail giant's

Labor Worries Continue For American Crystal

In an ongoing labor dispute, the union representing Moorhead-based American Crystal Sugar Company's 1,300 locked-out workers on Wednesday released audio tapes of a November 7 shareholders meeting, along with a

Local Real Estate Pros Convey “Eroding Confidence”

A twice-yearly survey by the University of St. Thomas Opus College of Business indicates that local real estate professionals are less confident about the near future of the commercial real estate industry than they were just six months ago.

Forbes: MN Is the 15th-Best State for Business

Minnesota didn't budge from its spot on last year's list; while the state ranked third for its quality of life and also scored higher than most other states for labor supply and growth prospects, it trailed behind most other states for regulatory environment and business costs.

Hormel Doles Out $16.5M in Profit-Sharing Program

Eligible Hormel Foods workers received a share of $16.5 million in profit-sharing payouts; meanwhile, Marvin Windows and Doors, which has traditionally given bonuses to its workers, reportedly will not pay out profit-sharing bonuses this year due to a slumping housing market.