The lease-to-own program has brought new customers to Best Buy stores, said CEO Corie Barry. Above, shoppers waited in line to buy TVs at an early Bla

Best Buy expands lease-to-own program — but not in Minnesota

But Minnesota law bars lease-to-own program for credit-challenged shoppers.

$69M apartment/hotel complex project next to Xcel Energy Center set to break ground

September 22
Rendering of Seven Corners Gateway hotel/apartment complex.
Construction starts soon on the $69 million project near the Xcel Center.
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Minnetonka firm headed by two off-the-farm brothers has housing impact

September 22
Jeff Koch, left, and brothers Brian and Kent Roers are boyhood friends and partners in low-profile Roers Cos., a Minnetonka-based multifamily housing
After weathering storms, Roers Cos. has quietly developed more than $600M worth of buildings.
Variety
September 22
A frame from a video by researchers in China showing a self-driving bicycle, with a neurotrophic computer chip that helps it understand certain comman

Self-driving bike uses technology that mimics human brain

The bicycle may demonstrate the future of computer hardware. It navigates with help from what is called a neuromorphic chip, modeled after the human brain.
Duluth
September 22
Bradley Gangstad, left, a mechanic at AAR Corp., and Kieran Cummings worked to attach a dome protecting radar equipment on top of a commercial airplan

The sky's the limit for aircraft mechanics as industry booms

A nationwide shortage of aircraft mechanics is causing employers to get creative and programs like the one at Lake Superior College to swell.
South Metro
September 22
Xcel Energy issued this scam alert recently in hopes of thwarting thieves.

Eagan sounds the alarm over surge in phone scams duping citizens

The southeast metro suburb had more reports in June-July than in the first five months of 2019.
The annual Star Tribune 50 looks at the state's largest public companies. Combined, the companies on the list employ more than 1.2 million people.
Star Tribune 50 Our top 50 public companies – with No. 1 at $226B in revenue
updated 14 hours 51 mins. ago
Who took the top spot? See where Target, UnitedHealth, Best Buy and other massive companies landed in our 28th annual report.
Business
September 22
Striking UAW workers held signs outside the General Motors Detroit-Hamtramck Assembly Plant on Sunday.

UAW strike against GM may stretch out

DETROIT – The UAW is considering staying on strike against General Motors until rank-and-file members approve a tentative agreement, a process that could add…
Business
September 22
General Manager Patrick McKinney of Edina-based Precision Kiosk Technologies demonstrates a breathalyzer kiosk.

Edina firm's breathalyzer kiosk touted as game changer for authorities, parolees

Pennington County law enforcement authorities in the county seat of Thief River Falls, Minn., this month installed an electronic kiosk that can accurately measure for…
Business
September 22

Business people

Moving upUnited Bankers' Bank, Bloomington, named Dwight Larsen chief executive and president. He has been vice president since joining the company in 2000 and has…
Business
September 22

Growth is focus for new president at AdvisorNet Financial

Jim Komoszewski, the new president of AdvisorNet Financial, is overseeing growth strategy and leading efforts to continue expanding its network of 300 independent financial advisers.AdvisorNet…
Minnesota's 4 largest member-owned firms add depth, diversity to state's economy
Business
Minnesota's 4 largest member-owned firms add depth, diversity to state's economy
updated 8 hours 44 mins. ago
There are more ways for companies to have shareholders other than trading on a major stock exchange. And if you use a broadened definition, as…
Business
September 22

How to balance aging parents, young children, demanding work

Q: My life is challenging right now. My mom lives in another state and is having serious health issues. I have kids at home, and…
Business
September 22
Bianca Andreescu visualized winning the U.S. Open in tennis.

Harvey Mackay says visualizing can lead to success

I learned many years ago that visualizing or fantasizing is one of the most powerful means of achieving personal goals.This proved true again at the…
Business
September 22

Recent bankruptcy filings in Minneapolis and St. Paul

ST. PAULRancher's Legacy Meat Co., formerly known as Unger Meat Co., 4301 White Bear Pkwy., Vadnais Heights; filed Sept. 20, 19-32928; Chap. 11; assets, $13,291,000;…
Business
September 22

Mergers and acquisitions involving Minnesota companies

Target AcquirerDate Location Location Description9/9 Talech Inc. U.S. Bancorp U.S. Bancorp has acquired Talech, an integrated point-of-sale software Palo Alto, Calif. Minneapolis company.9/12 Bar Method…
Business
September 22
High angle shot of two businesswomen shaking hands in an office

Success measurements for business leaders to consider

Nearly a half million businesses operate in Minnesota, with 330,000 of those employing only the owner/operator. Regardless of size, my experience is that all of…
Business
September 22

Insider trading

ALLETE Inc.Alan R. Hodnik CEOShares sold: 6,000 Price: $86.98Date: Sept. 12 Indirectly holds: 62,105Best buy co. inc.corie s.…
Local
September 22
“I’m truly failing healthwise both physically and mentally.” Irwin Jacobs’ note

Inheritance fight lays bare decades of tension in Jacobs family

The fight spilled into the open last week after lawyers for daughter Randi Jacobs won a temporary court order stopping her brother Mark and other siblings from conducting an estate sale at their parents' Lake Minnetonka home.
West Metro
September 22
Members of the Jacobs family at the PACER Center's annual benefit in 2005. Alexandra and Irwin Jacobs, at right, were Patron Party co-chairs.

April 25: Son says Irwin Jacobs struggled with health before he shot wife, self

Mark Jacobs said, "I so wish he had been able to reach out and share his thoughts so we could have helped him."
Local
September 21
The Minnesota Talent and Recruiting Network (MNTRN) held a “Lunch and Learn” event, examining the impact of aging workforce trends on the state’

Persistent age discrimination could stymie economic growth in Minnesota

The gap in Minnesota's workforce needs could be met by hanging on to older workers, respecting their experience.
Business
September 21

Schafer: Preparing for college helps families to talk about value

One reason to pick up a book described as a “field guide for college preparation” for the parents of high schoolers is for insight into…
Business
September 21
Jeff Harmening’s first two years as CEO saw new trends in the industry that strain the agility of a behemoth like General Mills.

General Mills CEO Harmening's bold first-year bets are paying off

General Mills stock is up 25% from a year ago as Blue Buffalo is bolstering sales growth and U.S. cereal has regained the No. 1 market position.
Business
September 21
Dan Juhl specializes in local wind farms “where the power is being consumed, and it leads to the retention of energy dollars in the community.”

Minnesota wind-solar hybrid project could be new frontier for renewable energy

Juhl says small installations could help the utilities keep renewable supplies steady.
Business
September 21

New Minnesota-based fund has $225 million to invest in young med-tech companies

Two longtime West Coast investors in medical technology, Kirk Nielsen and Dr. Justin Klein, have joined to launch a new firm in Minnesota…