Pohlad Companies executive and prominent commercial real estate developer Boyd Stofer died suddenly Tuesday at the age of 62. Stofer was chairman and CEO of Marquette Real Estate Group, the
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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
RedBrick Health Corporation, a Minneapolis-based health technology company, is again touting its fast-paced growth. The company develops for large, self-insured businesses a variety of employee wellness programs promoting healthy behavior
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
USA Today recently produced a video that profiles a few members of the Twin Cities' technology start-up community. It looks first at CrumblePop, which created a tool that allows video
Where to celebrate (or escape) the season with your clients.
Following a mediation process, 30 former associates of convicted Ponzi schemer Tom Petters have agreed to repay nearly $8.5 million to the bankruptcy estate of Petters' companies, according to media
Crave said Tuesday that it will open a new restaurant in Coral Gables, Florida on December 9. The location will be the Minneapolis-based restaurant chain's seventh restaurant nationwide and its
Shareholders from Ecolab, Inc., and Nalco Holding Company on Wednesday approved the companies' multibillion-dollar merger, and it received antitrust clearance the following day, allowing the deal to be completed. St.
A Minnesota company is among 100 businesses selected by Forbes as "America's most promising companies." Bloomington-based ShopJimmy, which sells components from damaged televisions, ranked 64th on Forbes' recent list. According
Google Chairman Erik Schmidt joined Minneapolis Mayor R.T. Rybak and several local business leaders on Wednesday at CoCo, a collaborative "co-working" firm that offers alternative office space to freelance professionals,
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
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.
John Zacher was the CEO of Walker-based Unlimited Peak, which acquires and grows small to medium-sized companies, and also started at least two other businesses.
Christopher & Banks Corporation on Monday said that two Minnesota locations will be affected by its recently announced plans to shutter about 100 underperforming stores-one in Roseville and another in
Solbar, which has a sales office in Oakdale, provides soy protein ingredients to manufacturers in several sectors; the deal is expected to close in early 2012.
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.
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.