SunOpta buys fruit processor Sunrise Holdings for $450 million

SunOpta buys fruit processor Sunrise Holdings for $450 million

The deal is the latest by the fast-growing food company that has a sizable Minnesota operation.

Bird flu vaccine for turkeys could be near

July 30
Bird flu vaccine for turkeys could be near
Experts in front of Congressional ag subcommittee also talked about continued economic effects of flu.

Crude oil pipeline serving Twin Cities refineries to get $125M upgrade

July 30
Crude oil pipeline serving Twin Cities refineries to get $125M upgrade
The construction, to begin next year, doesn’t require laying new pipe, and won’t significantly increase the overall flow of crude oil from a terminal in Clearbrook, Minn.
TV & Media
40 minutes ago

Tough week for social media stocks _ no one is spared

It hasn't been an easy week in social media, despite double-digit revenue growth from Twitter, LinkedIn and Facebook. Investors are looking beyond headline numbers and finding reasons to sell.
Business
41 minutes ago

US stocks little changed as investors react to earnings

U.S. stocks were mixed in early trading Friday, as investors reacted to some disappointing quarterly earnings. Declines were led by energy companies after two big oil companies reported a slump in earnings.
Business
9:25am

Cargill's Black River closes four hedge funds

Asset management unit joins growing number of firms that are pruning poorly-performing funds.
Variety
8:10am

Microsoft says 14 million computers now running Windows 10

Microsoft says its' new Windows 10 operating system is now running on more than 14 million computers, two days after the software was released as a free download.
North Metro
July 30

Hot Property: Oak Park Plaza renovation in Blaine

Type: Retail center Owner: Tri-Land Properties Architect: Hanson Design Details: A total renovation of the aging, mostly vacant Oak Park Plaza shopping center in Blaine…
Business
July 30

Abbott Laboratories to buy Roseville-based Tendyne for $250 million

The $250 million deal is for a Roseville company that makes a heart valve replacement.
Business
July 30

Best Buy's online site becomes outlet for holders of American Express reward cards

Items on Best Buy’s website can now be paid for with rewards points stacked up in American Express.
Business
July 30

Stratasys posts $23 million loss for second quarter

The maker of 3-D printers withdrew its full-year forecast; stock fell 10.5%.
2015 Minnesota Top Workplaces
Special Project 2015 Minnesota Top Workplaces
updated 8 hours 45 mins. ago
Meet the companies that continue to be voted the best places to work in Minnesota.
Business
July 30

Local company news roundup

PersonnelAlpha Video & Audio, Eden Prairie, said company president, CEO and co-owner Stan Stanek, will retire effective Friday. Stanek has been with Alpha Video for…
Business
July 30

CEO of Xcel Energy says the utility supports large-scale solar projects

CEO Fowke said it’s more cost-effective than smaller projects.
Business
July 30

Wells Fargo to end some marketing ties with home builders and brokers

Regulatory scrutiny of mortgage marketing pushed the decision, the company said.
Business
July 30

Former CEO of Voyager Bank pleads guilty to obstructing investigation

Timothy P. Owens admitted to giving false statements during investigations at Voyager Bank.
Minneapolis
July 30

The Velo, Minneapolis luxury apartment site, sells for $300,000 per unit

Luigi and Paola Bernardi, the brother-sister team who run Sentinel Management and Aurora Investments, made a good bet with their investment in the Velo, a…
Variety
July 30

Companies are waking up to the cost of their employees' sleep loss

Corporate America has long tried to help its employees stop smoking, eat healthier and get in better shape. More recently, companies have been rolling out…
Business
July 30

Hotel developers, like hipsters, head to Brooklyn to escape crowded Manhattan

The borough’s status as a cheaper alternative to Manhattan is appealing to U.S. tourists, and now hotels.
Business
July 30

Schafer: More to Polaris Industries' paint plant woes than costs

It would be great to know just how much creativity went into the new painting facility at the Polaris Industries manufacturing plant in Spirit Lake,…
Local
July 30

Minnesota Chamber seeks changes in laws to halt disability-access suits

Business owners try to head off expensive lawsuits described as a “cash cow.”
Business
July 29

United Taconite will lay off 420 employees for up to six months

Oversupply and low prices in the steel market are blamed for the 6-month furloughs.
Business
July 29

Local company news roundup

DividendsWinmark Corp., Plymouth, announced a quarterly dividend of 7 cents per share, payable Sept. 1 to shareholders of record on Aug. 12.
Business
July 29

Senator asks Justice Department to investigate sale of Cargill pork unit

The senator from Iowa said the deal could hurt competition.
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