The Metropolitan Council, which operates Metro Transit, on Tuesday said that it is in the process of gathering input on how it should handle a potentially dramatic cut in funding.
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Construction on the Elk Run bio-business park in Pine Island has reportedly halted, raising questions about the future of the project-including the $34.3 million Highway 52 interchange project that was
Plymouth-based The Mosaic Company recently announced that is has been ordered to continue supplying potash to Potash Corporation of Saskatchewan (PCS) until January 2012-when the two companies are scheduled to
UnitedHealth Group, Inc., announced Wednesday that G. Mike Mikan-CEO of its Optum subsidiary and former chief financial officer (CFO) of UnitedHealth Group-is leaving the company to lead a private equity
Twin Citians now have yet another way to take part in the location-based daily deal trend. Chicago-based Groupon on Wednesday announced that it is expanding its Groupon Now! platform to
Controversy surrounding Medtronic, Inc.'s Infuse spinal product may force the medical device giant to sell its spine business, according to an industry analyst. Larry Biegelsen, a senior analyst with Wells
Calhoun Commons, a 66,150-square-foot shopping center in uptown Minneapolis, has exchanged hands. Jacksonville, Florida-based Regency Centers on Tuesday announced that it bought the property on July 1 for $21 million.
Minnesota is number seven on CNBC's annual ranking of the top places to do business, moving up one spot from last year. CNBC's fifth-annual study ranked all 50 states based
Just a week after Best Buy Company, Inc., announced a proposed settlement in a 2005 class-action discrimination lawsuit, the retail giant was hit with another discrimination case. A lawsuit was
Local business news has recently been flooded with scandals that are full of ethical issues, but local author and ethics expert Nan DeMars says those ethical dilemmas are nothing new.
New York-based Acorda Therapeutics, Inc., announced Friday that it will pay Medtronic, Inc., up to $35 million for global development and commercialization rights to a magnesium formula that could be
Minneapolis placed 10th among the most sustainable cities in U.S. and Canada, according to a study released Thursday. The survey-dubbed the Green City Index-assesses 27 of the most populous cities
ProBuild, a Denver-based building materials supplier, has plans to close its six regional headquarters offices throughout the country-including one in Winona. Company spokeswoman Jennifer Thurman confirmed on Tuesday that the
Alexandria-based Tastefully Simple-a retailer of easy-to-prepare gourmet foods sold at home tasting parties-on Friday announced that it has struck a deal to acquire certain assets from Homemade Gourmet. Financial terms
Two of the University of Minnesota's schools are considering switching to a funding model that would rely solely on private fundraising and no state dollars, the Star Tribune recently reported.
Minneapolis-based Toepener-a start-up launched by University of Minnesota business students-has recently garnered attention for developing a door handle that attaches to the bottom of a bathroom door, allowing "germaphobes" to
Local concerns over U.S. Food and Drug Administration (FDA) processes and regulations continue to pile up. On Thursday, Minnesota's Congressional delegation sent a letter to FDA Commissioner Margaret Hamburg voicing
Two Minnesota brews were named among the 50 "Best Beers in America" by Zymurgy, a publication by the American Homebrewers Association. Surly Brewing Company's Furious, an India Pale Ale style