Business
March 14
Graco CEO Pat McHale (left) spoke in 2016 with Graco machinist Gadissa Gemeda in the flagship Minneapolis plant.

CEO Pay Watch: Graco's Patrick McHale made $34.9 million last fiscal year

Most of his compensation was from exercising previously issued stock options.
Business
March 14

Even SALT-pinched Minnesotans flocking to 'last great tax haven'

Cap on local and state tax deductions has boosted appeal of municipal debt.
Business
March 14
Prior Lake is having a debate on how to fund infrastructure improvements for new housing developments.

Schafer: New-housing infrastructure fees stir up the suburbs

Deep in a report by the trade group Housing First Minnesota on fees cities collect on new housing is a little chart that shows how…
Business
March 14
Ecolab launches free tool to help companies track water practices

Ecolab launches free tool to help companies track water practices

The St. Paul-based Ecolab launched the online tool to help accelerate water conservation worldwide.
Business
March 14
Scheherazade Jewelers in Edina's Galleria abruptly shut down after a co-owner filed for bankruptcy.

Galleria jeweler Scheherazade closes suddenly due to bankruptcy filing

The store saw less customer traffic after it moved to a new location in the mall.
March 13
The event exposed a risk to CEO Mark Zuckerberg’s intent to consolidate Facebook apps: They’d all be down at once.

Facebook, apps plagued by service outages

Social media giant took to one service it doesn't own – Twitter – to alert users.
Business
March 13
Christopher & Banks said same store sales were flat during the fourth quarter, which is an improvement. Pictured is the store at Mall of America.

Shoppers respond to updated offerings at Plymouth-based Christopher & Banks

Store traffic hurt by bad weather, but investments in e-commerce will pay off in year ahead, execs say.
Business
March 13

UnitedHealth, Prime Therapeutics called to testify on drug costs

The Senate Finance Committee has invited executives from two Minnesota-based companies.
Business
March 13

UnitedHealth part of congressional 'junk' coverage inquiry

House Democrats seek info from 12 large brokers and insurers.
Business
March 13
JPMorgan Chase will open branch offices in the Twin Cities

JPMorgan Chase will open branch offices in the Twin Cities

New York-based Chase plans to add 90 branches and 700 employees this year in the Twin Cities, eight other new markets and three existing East Coast cities.
Business
March 13

Minnesota cut of Fiat Chrysler, Bosch emissions settlement is $3.5M

Minnesota will receive roughly $3.5 million from a vehicle company and parts maker accused of conspiring to cheat on pollution controls. According to lawsuits, Fiat…
Business
March 13
Eric Dayton of Askov Finlayson.

Minneapolis entrepreneur Eric Dayton shares World Economic Forum honor

He's among 126 people from across the globe selected for a five-year program aimed at helping recipients gain knowledge and contacts to expand their ideas and make a difference in their communities.
Business
March 12
Sonny Perdue, the Trump administration’s agriculture secretary, testifies before the House Committee on Agriculture on Feb. 27.

Twin Cities in running for USDA offices set to be moved out of D.C. area

The Trump administration has pledged to move out two major research divisions out of the Washington area by the end of the year.
Prince
March 12
The Lennar Corp. has entered an option agreement to purchase 188 acres of land owned by Prince's estate, as seen from beyond the Lake Lucy Ridge housi

Chanhassen OKs housing, park plan for former Prince property

The developer will spend the next four months working out details of plan before final council approval.
Business
March 12
Apple is building a suite of digital subscriptions that spur revenue as iPhone sales growth slows. Its streaming service is likely to compete with Dis

Apple's video plans put Disney chief's board seat at risk

Prospect of a competitive clash over streaming may limit Bob Iger's ability to retain role at Apple.
Business
March 12

UnitedHealth Group expands prescription drug discount program

The move comes as the Trump administration has proposed eliminating rebates to pharmaceutical benefit managers.
Business
March 12
Medtronic's Fridley complex.

Medtronic to pay $20M to settle kickback allegations

The case involved inducements to doctors provided by Covidien before its 2015 sale to Medtronic.
Business
March 12

Alexander: Blocked malware download keeps trying

The recurring message means the malware keeps attempting to download to your PC, so it is coming from a website that you visit frequently.
Business
March 12

Business briefs from the Economist

Business review from the EconomistGhosn released in Japan, but on short leashCarlos Ghosn was released from detention in Tokyo after posting bail of $9 million.…
Business
March 12
A vendor grilled kebabs at a market in Tashkent, Uzbekistan. In the capital, there is a sense of optimism about the business climate.

Surprising signs of economic reform emerge in Uzbekistan, Central Asia's largest country

Democracy is not at hand but the state is improving investment climate.