Inside Track Logo

Blog

Inside Track

A look at what’s behind today's Minnesota business headlines.

The Economist editor will speak in Minneapolis

 Zanny Minton Beddoes, the first female editor-in-chief of The Economist, the influential London-based economics-and-politics magazine that has 1.4 million subscribers around the globe, will speak in Minneapolis at St. Mary’s University on Tuesday, April 25.

 “What’s Next? Making Sense of a Global Economy,” is presented by Saint Mary’s Hendrickson Institute for Ethical Leadership on the 10th annual Hendrickson Forum.

 Minton Beddoes will discuss the interplay of democracy, demography, technology, energy, and government policies as the drivers of economic change. Her presentation will outline her prospects for further economic recovery, how the economy and policy will evolve, and why cheap energy and big data matter.

A former Washington editor of The Economist, Minton Beddoes is an award-winning journalist and broadcast commentator, who joined the publication in 1994. Previously, she spent two years as an economist at the International Monetary Fund (IMF), and, earlier, as an economic adviser to Poland.

Admission is $50 for the luncheon event at the Saint Mary’s University Center at 26th and Park Avenue S. on the Saint Mary’s. Register at www.smumn.edu/HendricksonForum.

Hormel Foods, eight other Minnesota companies, make 100 Best Corporate Citizens list

Hormel Foods cracked the top 10 on Corporate Responsibility Magazine's annual list of the nation's 100 Best Corporate Citizens released Thursday, with eight other Minnesota companies also earning a spot.

The list, in its 18th year, ranks public companies based on 260 measures available in public records. Each company is given a ranking within each of the list's seven categories – environment, climate change, employee relations, human rights, governance, finance and philanthropy/community support.

Minnesota companies made up nearly 10 percent of the entire list: 

  • Austin-based Hormel Foods Corp. at No. 8
  • St. Paul-based Ecolab, Inc. at No. 10
  • Golden Valley-based General Mills at No. 19
  • Plymouth-based Mosaic Co. at No. 28
  • Maplewood-based 3M Co. at No. 41
  • Minneapolis-based Xcel Energy, Inc. at No. 58
  • Dublin, Ireland and Fridley-based Medtronic Plc at No. 64
  • Richfield-based Best Buy Co. at No. 72
  • Minneapolis-based Target Corp. at No. 94

Mosaic Co. made the list, but with an asterisk. The magazine flags corporations that had a potentially damaging incident in the previous year. In August 2016, the list noted, "a large sinkhole opened underneath a gypsum stack at a Mosaic Co. phosphate fertilizer plant" in Florida. The company quickly notified the Florida Dept. of Environmental Protection, the U.S. EPA and county authorities, the magazine noted, in order to begin the process of removing water from the affected pond.