General Mills shares fall amid results miss, but execs see an imminent sales turnaround

General Mills shares fall amid results miss, but execs see an imminent sales turnaround

Executives are trying to arrest the revenue declines that became large when they focused on profitability.

Allina-Aetna targeting large employer market in Minnesota

7:25am
Allina-Aetna targeting large employer market in Minnesota
The joint venture now has an insurance license and plans to start providing coverage in April.

Judge dismisses lawsuit by potential buyer of downtown Minneapolis Macy's complex

September 19
Judge dismisses lawsuit by potential buyer of downtown Minneapolis Macy's complex
City Center Realty Partners, which brought the suit, had a letter of intent with Macy's but didn't reach a deal.
Business
9:22am

Equifax may pay just $1 per person compromised in massive security breach

Equifax could get away with paying a mere $1 per person after failing to protect almost half of America's credit data.While the 118-year-old credit-reporting firm…
Variety
9:08am

How Crocs made a mighty comeback to be cool again

Crocs, perhaps the most polarizing shoe of our time, is making a comeback. And the turnaround is no accident, analysts say.
Minneapolis
September 19
About 50 renters demonstrated Tuesday on the lawn of Minneapolis landlord Stephen Frenz's house on E. Harriet Parkway.

Angry renters demonstrate outside landlord Stephen Frenz's home

Renters demonstrate in Minneapolis and St. Paul over issues of gentrification and housing deterioration this week.
Was your company one of the Top Workplaces of 2017?
Top Workplaces Was your company one of the Top Workplaces of 2017?
updated 23 hours 43 mins. ago
Meet the companies that continue to be voted the best places to work in Minnesota. Also, nominate your company as a 2018 Top Workplace.
South Metro
September 19
City administrator Bill Reynolds walks through the Shakopee Community Center on Sept. 1.

'Bad press,' politics blamed for failure of $24M Shakopee project

CPM Cos. had planned to buy and demolish the old City Hall and replace it with a 70-unit, market rate apartment complex geared toward young professionals. as well as a 100-room boutique hotel nearby.
St. Paul
September 19

Ex-CEO of Microsoft, L.A. Clippers owner donates $20 million to St. Paul nonprofit College Possible

Gift from Steve Ballmer, which is unrestricted, will be dispensed to the St. Paul-based nonprofit over a 10-year period.
Local
September 19

Gov. Dayton: 'Nightmarish' fed process could end up costing state millions

State plan to buffer rate hikes for individual health insurance is looking to be nullified by $369 million in cuts to low-income health care.
Business
September 19

Lawsuit seeks damages for faulty batteries in St. Jude defibrillators

The federal lawsuit alleges that St. Jude knew more than 250,000 defibrillators it sold in the United States between 2011 and October 2016 contained batteries that could abruptly short out.
ST50: 2017 ranking of Minn. companies
Special feature ST50: 2017 ranking of Minn. companies
updated 8 hours 4 mins. ago
The Star Tribune 50 is a measure of the largest publicly held companies with headquarters in Minnesota ranked by revenue.
Business
September 19

Equifax suffered breach in March, raising questions about timeline of hacking

It raises questions about the timeline it has given.
Business
September 19

Share of small companies offering health insurance continues to decline

A Kaiser survey found that despite relatively modest premium growth, smaller companies continue to find costs are too high.
Business
September 19
Best Buy headquarters in Richfield.

Best Buy sees solid growth ahead in 2021 thanks to turnaround

With turnaround complete, retailer aiming for steady gains in sales and profits in coming years.
Business
September 19

Pine River Capital Management is shrinking

Pine River Capital, a darling of the hedge fund industry a few years ago, has fallen on leaner times.
Business
September 19
Workers make sure that each section of Line 3 that is joined passes mu...

Enbridge Line 3 project pits company's safety concerns against renewed water activism

With state review in its final phase, the battle over route intensifies.
East Metro
September 18
A sign near a future housing development in Woodbury.

Woodbury ruling may shift road development costs to taxpayers

A developer sued Woodbury over a fee to pay for roads outside a new subdivision and won, a ruling that could affect development across the metro area.
Outside Consultant
Weekly feature Outside Consultant
updated 21 hours 45 mins. ago
Answers to your questions about marketing and business in the Twin Cities.
Business
September 18

Wenner puts Rolling Stone magazine up for sale

Rolling Stone co-founder Jann Wenner is putting the magazine up for sale, marking a new chapter for the cultural bible that for half a century…
Business
September 18

Business briefs: Stocks close at new highs

MarketsStocks close at new highsBanks and other financial companies led U.S. stocks modestly higher Monday, nudging the stock market to another record. The Standard &…
Business
September 18

George Konik acquires PrimeStaff, uniting two Twin Cities specialists in technical hiring

The merged company will be called Konik PrimeStaff.
Business
September 18
A sold home in Burnsville.

Twin Cities home sales fall for 2nd straight month

Sales fall for second month, but prices rise to a new high.
Business
September 18

Smiths Medical confirms drug pump vulnerable to cyberhacking

Firm is latest device maker to acknowledges problems; no hacking reports yet received.
Business
September 18

Medtronic rolls out latest device to treat pain with electricity

The device delivers mild current to spine that disrupts pain signals before they can travel to the brain.The company said it can be securely controlled with a Samsung tablet.
Business
September 18

Wisconsin Gov. Walker signs $3 billion Foxconn deal

Madison, Wis. – Wisconsin Gov. Scott Walker has signed into law a $3-billion incentive package for the technology giant Foxconn, setting up the Taiwanese…