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

Business
January 6
Michael Phelps will speak in April to the Medical Alley Association.

Olympic swimmer Michael Phelps to talk mental health at Mpls. med-tech meeting

Mental health to take spotlight at Medical Alley Association meeting, with Phelps and Kennedy in fireside chat
Business
January 2

Varde Partners raises $2.5B in 13th flagship-investment fund

Minneapolis-based Varde Partners, one of the state's oldest and most active international private equity investors, has raised nearly $2.5 billion for its 13th "flagship" fund in 26 years.
Business
December 31, 2019
The Minnesota propane industry wants the state to consider using the fuel as part of its energy-efficiency plan regarding schoolbuses.

Minnesota propane industry wades into electric school bus debate

The Minnesota Propane Association wants the administration of Gov. Tim Walz to consider liquid propane as an economical alternative to spending $4.7 million on electric-powered school buses from $47 million Minnesota gets from the national Volkswagen pollution-cheating scandal settlement.
Business
December 27, 2019
Nancy Libersky

SBA Minnesota District Director Nancy Libersky retires

Nancy Libersky, a 30-year veteran and the first female Minnesota district director of the U.S. Small Business Administration (SBA), has retired after nine years.
Business
December 26, 2019

Commentator: Business increasing wages more critical than charity

Andrew Ross Sorkin: Real charity doesn't come with a tax deduction.
Business
December 24, 2019
Regis sells another 133 salons

Regis sells another 133 salons

Regis, which is trying to sell all of its corporate-owned salons, has sold 133 more.
Business
December 24, 2019

LSS to sponsor Mpls January workshop for rental-property owners

Lutheran Social Service (LSS) of Minnesota, which partners with property owners to provide housing for once-homeless families, will offer a free workshop on addressing tenant issues, featuring two veteran attorneys, on Wednesday, Jan 8 from 8 a.m. to 9:30 a.m. at the Center for Changing Lives, 2400 Park Av. in Minneapolis..
Business
December 24, 2019
Colliers International is buying a controlling interest of Dougherty Financial Services. CEO Mike Dougherty founded the firm 40 years ago.

Canadian firm buying controlling stake in Minneapolis' Dougherty Financial Group

Canada-based Colliers International plans to acquire an unspecified "controlling interest" in four subsidiaries of Minneapolis-based Dougherty Financial Group. The privately held firm was founded more than 40 years ago by CEO Mike Dougherty.
Business
December 20, 2019
Owner Dan Digre of St. Paul manufactuer MISCO.

MN Chamber has concerns about slowing job growth

Minnesota job growth has slowed as business owners struggle to find and retain workers this year, according to Grow Minnesota, the 17-year Minnesota Chamber of Commerce that helps businesses expand locally or elsewhere in Minnesota.
Business
December 19, 2019
Katrina Anderson, CEO of Clinician Nexus

Minneapolis-based Clinician Nexus gets $1.5M investment

Minneapolis-based Clinician Nexus raises $1.5 million in venture capital>
Business
December 18, 2019
Sun Country now has self-service kiosks.

Sun Country joins other airlines in offering self-service kiosks at MSP

Passengers can now check-in for their flights at the Minneapolis-St. Paul International Airport using self-service kiosk machines, much like they can at most other U.S. airlines, rather than standing in long ticket counter lines.
Business
December 16, 2019

Insite Software of Minneapolis sold to Episerver

Episerver of New Hampshire said it has acquired Minneapolis-based Insite Software for an unspecified amount in a private transaction.
Business
December 11, 2019
HabitAware anti-compulsive behavior firm wins SBIR grant

HabitAware anti-compulsive behavior firm wins SBIR grant

HabitAware will design and test a novel wearable sensing system with new sensor technologies that can detect subtle movements associated with body-focused repetitive behaviors and can significantly improve detection accuracy of body-focused related behaviors.
Business
December 10, 2019

Minnesota invests $412,515 into four expanding plants. Gains 35 new jobs

Minnesota DEED awards four businesses funds to help them expand in St. Cloud, Bloomington, Buffalo and Elk River.
Business
December 6, 2019
Medical cannabis firm Vireo Health appears mellow about challenges

Medical cannabis firm Vireo Health appears mellow about challenges

The news that Minnesota's health commissioner has authorized expansion of medical marijuana to chronic pain and some eye conditions, can't hurt Vireo Health. The multistate cannabis grower, processor, retailer and owner of Minnesota Medical Solutions is trying to get scale in a tough trade.
Business
December 5, 2019
Veteran Twin Cities nonprofit executive will take over as CEO of YWCA Minneapolis

Veteran Twin Cities nonprofit executive will take over as CEO of YWCA Minneapolis

Michelle Basham, a veteran nonprofit executive who founded a youth-homelessness agency at 19, will take over as CEO of YWCA Minneapolis in January.
Business
December 3, 2019

Female-led Abilitech Medical raises $7.4 million

Abilitech Medical, which won the grand prize of this fall's Minnesota Cup entrepreneur competition, has closed on a $7.4 million round of investor capital to bring to market its flagship product: a wearable device that empowers a person with muscular dystrophy or other condition that precludes arm movement.
Business
November 29, 2019
Ecolab CEO Doug Baker

Ecolab CEO gets the 'Dayton Award'

CEO Doug Baker of Ecolab has received the Dayton Award in Moral Capitalism from the Caux Round Table for Moral Capitalism, partly for driving his company to be a better environmental citizen.
Business
November 26, 2019

Securian to acquire a Houston-based employee benefits enrollment company

Securian's deal for an employee benefits enrollment company adds new services and should cement their spot in future Fortune 500 lists.
Business
November 26, 2019
Maud Borup President Christine Lantinen

Maud Borup expanding southern Minnesota candy factory

Plymouth-based Maud Borup, the century-old candy and food gift company, will break ground in December on a $5.5 million expansion of its LeCenter manufacturing plant and warehouse that should increase employment from 120 to 150 next year.
Business
November 25, 2019
Twin Cities exec's blog-turned-book now required reading at St. Thomas

Twin Cities exec's blog-turned-book now required reading at St. Thomas

Nancy Dahl's 'Grounded' focuses on leadership.
Business
November 22, 2019

CTUL gets grant to work on wage theft, dangerous conditions

Centro de Trabajadores Unidos en la Lucha (CTUL) has received a $150,000 grant from The Workers Lab 2019 Innovation Fund.
Business
November 22, 2019
Minnesota Chamber study finds mixed-bag economy

Minnesota Chamber study finds mixed-bag economy

Minnesota's business climate continues to be a mixed bag for economic growth, according to the 2020 Minnesota Business Benchmarks report, commissioned by the Minnesota Chamber of Commerce.
Business
November 19, 2019
Digi shares soar on earnings, outlook for 2020

Digi shares soar on earnings, outlook for 2020

The shares of Digi International have risen 25 percent since Thursday's market close, when the company announced record fiscal 2019 performance and a bright outlook for next year.
Business
November 18, 2019
Brad Hewitt, former Thrivent CEO, has been named to Habitat for Humanity board.

Habitat for Humanity names former Thrivent CEO as chairman of its board of directors

Atlanta-based Habitat for Humanity International named Brad Hewitt as chairman of its board.