Staff Directory 232499901

Evan Ramstad

Business Team Leader | Newsroom
phone: 612-673-4241
Evan Ramstad is a team leader in Business coverage.
Recent content from Evan Ramstad
Thrivent board elects Bonnie Raquet to become its first chairwoman

Thrivent board elects Bonnie Raquet to become its first chairwoman

Former Cargill executive becomes first woman to lead Thrivent's board.
First task at Buffalo Wild Wings, new leader says, is to not mess it up

First task at Buffalo Wild Wings, new leader says, is to not mess it up

Inspire CEO Paul Brown says Buffalo Wild Wings will remain distinct from Arby's.
What it was like being a Crew 52 volunteer for the Super Bowl

What it was like being a Crew 52 volunteer for the Super Bowl

Our reporter tells all on being Minnesota Nice in the skyways.
Super moment arrives for U.S. Bank's marketing efforts

Super moment arrives for U.S. Bank's marketing efforts

Its stadium name is the base for U.S. Bank's marketing push
Buffalo Wild Wings shareholders approve sale to Arby's

Buffalo Wild Wings shareholders approve sale to Arby's

The $2.9B deal will close on Monday or Tuesday.
Super Bowl LII will bring in a lot of money 'fast and furiously'

Super Bowl LII will bring in a lot of money 'fast and furiously'

Estimates of the economic impact — money that is added to the region that wouldn't be here otherwise — range from $220 million to $340 million.
Marketers lure Super Bowl fans with Nicollet Mall truck tower, Mississippi zipline

Marketers lure Super Bowl fans with Nicollet Mall truck tower, Mississippi zipline

It looks like business jargon, but marketers say 'activation' has meaning.
New tax law takes a bite from Ameriprise's bottom line

New tax law takes a bite from Ameriprise's bottom line

But the Minneapolis investment management firm expects ongoing savings from a lower tax rate.
Why did Twin Cities miss out on first cut for 2nd Amazon HQ?

Why did Twin Cities miss out on first cut for 2nd Amazon HQ?

Minneapolis-St. Paul was one of 238 that tried to become the second home for the retail giant. Amazon said it expects to make a final selection later this year.
U.S. Bancorp executives foresee bigger profits in 2018 after its tax rate drops to 21.5 percent

U.S. Bancorp executives foresee bigger profits in 2018 after its tax rate drops to 21.5 percent

The company ended 2017 with record profit, as the tax break offset a legal settlement in the fourth quarter.
Ultratight labor market in Minn. driven by jump in low-wage jobs

Ultratight labor market in Minn. driven by jump in low-wage jobs

Minnesota employers that depend on low-wage hires are near a breaking point. Economists are watching Minnesota for signs of whether inflation has to kick in for businesses to raise wages that will attract more workers.
Minneapolis Fed solidifies plan to reduce taxpayers' risk from megabank failure

Minneapolis Fed solidifies plan to reduce taxpayers' risk from megabank failure

A key recommendation is that biggest banks must improve their capital positions.

Giants in our midst: UnitedHealth, 3M played enormous role in rise of benchmark stock index this year

In a great year for stocks, Minnesota's two most valuable companies played outsized roles in driving the nation's best-known market barometer higher.UnitedHealth Group and 3M…
As competition mounts, Summit Brewing makes its first layoffs

As competition mounts, Summit Brewing makes its first layoffs

The St. Paul brewer laid off about a dozen people just after Christmas, or about 10 percent of its staff.
Buffalo Wild Wings CEO outflanked activist investor to set up company's sale

Buffalo Wild Wings CEO outflanked activist investor to set up company's sale

For months, it appeared Sally Smith was leaving Buffalo Wild Wings under duress. Not so.
Intense research and debate shape Minneapolis Fed President Neel Kashkari's dovish take on rate hikes

Intense research and debate shape Minneapolis Fed President Neel Kashkari's dovish take on rate hikes

Eager for more transparency, the Fed leader describes what is behind his rate decisions.
Delta's 747s, a vestige of Northwest's heyday, will visit for final time

Delta's 747s, a vestige of Northwest's heyday, will visit for final time

After 16 years as a captain on Northwest Airlines 747s, Steve Bowen retired in 2005 and has since flown to many places around the world…
Helped by peanut butter and some other product surprises, General Mills sees first sales gain since 2015

Helped by peanut butter and some other product surprises, General Mills sees first sales gain since 2015

New product launches helped the company produce its first quarterly increase since 2015.
Kashkari, explaining latest vote against higher rates, joins debate on recession risk signals

Kashkari, explaining latest vote against higher rates, joins debate on recession risk signals

In resisting rate increases throughout the year, Kashkari expressed worry that the U.S. job market is not as strong as the unemployment rate suggests.
PNC will open some bank branches in Twin Cities

PNC will open some bank branches in Twin Cities

The Pittsburgh-based bank will focus chiefly on corporate customers.
Arby's buying Buffalo Wild Wings in $2.9 billion deal

Arby's buying Buffalo Wild Wings in $2.9 billion deal

Golden Valley-based chain is sold to the owner of Arby's.
Big banks target Twin Cities in a small way, for now

Big banks target Twin Cities in a small way, for now

Bank of America, PNC are taking a gradual approach to growth in the Twin Cities.
New book reminds readers that in Silicon Valley, tension helps drives innovation

New book reminds readers that in Silicon Valley, tension helps drives innovation

Leslie Berlin's 'Troublemakers' portrays the rise of PCs, video games, venture capital and biotech in the 1970s and 1980s.

Minn. unemployment hits 17-year low, but job growth is slowing

Minnesota's unemployment rate is 3.3 percent, but figures show job growth has slowed.
Outsiders call Twin Cities a 'long shot' to attract Amazon's HQ2

Outsiders call Twin Cities a 'long shot' to attract Amazon's HQ2

The latest to handicap and dismiss the Twin Cities is the Wall Street Journal.
Buffalo Wild Wings gets takeover offer from Roark, report says

Buffalo Wild Wings gets takeover offer from Roark, report says

Offer comes five months after activist investor won strategic control.
For family-owned Lerner Publishing, accolades and internal change mark a watershed year

For family-owned Lerner Publishing, accolades and internal change mark a watershed year

Founder Harry Lerner created an education book juggernaut. Son Adam is turning it into something more.
Tesla buys Brooklyn Park firm, plans expanded metro recruiting

Tesla buys Brooklyn Park firm, plans expanded metro recruiting

Perbix has been working with Tesla for three years to design the automaker's factory lines. The company says it plans to keep the facility in Brooklyn Park.
For Minn. costume-selling giant, November is the time to catch up on sleep

For Minn. costume-selling giant, November is the time to catch up on sleep

Mankato-based HalloweenCostumes.com grapples with an extreme form of retail seasonality.
Capella, online education specialist, merging with business school operator

Capella, online education specialist, merging with business school operator

The two for-profit educators will keep operations separate
Tackling income gaps means confronting U.S.-sanctioned segregation, author tells Minneapolis Fed audience

Tackling income gaps means confronting U.S.-sanctioned segregation, author tells Minneapolis Fed audience

The role of old government policies on today's economic disparities is overlooked, writer Richard Rothstein says.
Oct. 25: Buffalo Wild Wings surprises investors with better-than-expected profit

Oct. 25: Buffalo Wild Wings surprises investors with better-than-expected profit

Guidance raised as decline not as bad as expected; stock rises after hours.
Ameriprise profit leaps on surge of investing, market gains

Ameriprise profit leaps on surge of investing, market gains

The company's adjusted profit beat analysts' expectations for the July-to-September period.
Amazon is growing faster than any big U.S. company maybe ever

Amazon is growing faster than any big U.S. company maybe ever

The online retailer is morphing into data systems, logistics and media. One constraint: Getting enough people.

Minnesota adds 6,400 jobs in September, with broader patterns holding steady

Minnesota is adding jobs faster than the nation as a whole, and the metro area outpaces the state overall.
Higher interest rates, loan growth drive U.S. Bancorp's profit up, but not enough for some investors

Higher interest rates, loan growth drive U.S. Bancorp's profit up, but not enough for some investors

Executives were upbeat about the broad economy heading into 2018.

Vista Equity buys controlling stake in Mpls. tech firm Jamf

A Texas technology investment firm bought a controlling stake in Jamf, a Minneapolis-based provider of management tools for Apple products, the companies said Wednesday.
Pass tax reform or move on, N.D. senator says at Minneapolis Fed conference

Pass tax reform or move on, N.D. senator says at Minneapolis Fed conference

N.D. senator tells Fed conference uncertainty is delaying investments.
Another indicator of Minnesota's tight job scene: Job vacancies rise sharply in first half of year

Another indicator of Minnesota's tight job scene: Job vacancies rise sharply in first half of year

Semiannual state survey finds unfilled positions exceed number of unemployed.
Kashkari says Fed may have contributed to low inflation expectations

Kashkari says Fed may have contributed to low inflation expectations

He praised Yellen for raising the issue but asks for no more rate hikes.
Delta changes its employee bonus plan as a boost for nonpilots

Delta changes its employee bonus plan as a boost for nonpilots

The company two years ago created a separate profit-sharing scheme for nonpilot workers.
Freshii exits Target, ending 2-year trial that didn't work out

Freshii exits Target, ending 2-year trial that didn't work out

Freshii Inc., a salads and wraps restaurant chain, is closing the 18 locations that it opened in Target Corp. stores over the last two years, including one in Minneapolis.
MSP climbs into top 10 'mega airports' in ranking of passenger satisfaction

MSP climbs into top 10 'mega airports' in ranking of passenger satisfaction

That's up from 17th a year ago and well above the average satisfaction rating, a market research firm found.
Chocolate peanut butter Cheerios, fast start for Oui yogurt, new ads should lift General Mills, execs say

Chocolate peanut butter Cheerios, fast start for Oui yogurt, new ads should lift General Mills, execs say

But General Mills missed the profit expectations of investment analysts, and the company's stock fell 5.8 percent.
George Konik acquires PrimeStaff, uniting two Twin Cities specialists in technical hiring

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

The merged company will be called Konik PrimeStaff.

Minnesota employers lost momentum this summer, though job growth still outpaces U.S.

Despite the monthly job drop, and a downward revision to the July jobs total, the state's year over year job growth continues to edge the nation's.
Dayton's call for 'restrained' bid for Amazon HQ draws protests

Dayton's call for 'restrained' bid for Amazon HQ draws protests

Some Twin Cities tech leaders say the state's economic future shouldn't be handcuffed by homegrown companies Target and Best Buy.
Cargill sells U.S. metals business to Japan's Metal One

Cargill sells U.S. metals business to Japan's Metal One

It's the latest divestiture as company narrows its focus to agriculture, food.
H.B. Fuller buys Royal Adhesives for $1.6 billion

H.B. Fuller buys Royal Adhesives for $1.6 billion

It's the biggest deal H.B. Fuller has ever made, boosting its reach with industrial customers.

C.H. Robinson buys Milgram, a Canadian freight firm, for about $50 million

The deal is the newest step in C.H. Robinson's international expansion.
Hormel signals higher prices for bacon amid soaring demand

Hormel signals higher prices for bacon amid soaring demand

Hormel's latest profit was squeezed as commodity prices rose more quickly than it could pass them on.

Minnesota's employment scene accelerates with 7,700 jobs added in July

Minnesota employers added 7,700 jobs in July, faster than the average rate over the past year and above the national growth rate for the second…
Hormel buys Fontanini, Chicago-based maker of Italian meats, for $425 million

Hormel buys Fontanini, Chicago-based maker of Italian meats, for $425 million

Fontanini grew from a single store into national pizza restaurant supplier.
Turning a page: Leadpages co-founder Collins taps his own CEO successor

Turning a page: Leadpages co-founder Collins taps his own CEO successor

Leadpages co-founder Clay Collins will hand his job as chief executive to John Tedesco, a veteran of the Twin Cities tech scene who has served…
Buffalo Wild Wings to end Tuesday wings specials

Buffalo Wild Wings to end Tuesday wings specials

Slipping profits and high wing costs mean an end in the next few weeks for the discounts, in place for 30 years.
Ameriprise profit soars as rising stock market attracted investors

Ameriprise profit soars as rising stock market attracted investors

The clients of its financial advisers poured money into the market this spring.
TCF beats expectations with a nearly 5 percent jump in Q2 profit

TCF beats expectations with a nearly 5 percent jump in Q2 profit

Executives give an upbeat outlook, say changes to auto-finance strategy are paying off.

Minnesota adds 4,400 jobs in June; unemployment holds steady at 3.7 percent

The added jobs came at a slower-than-average pace over the past year but a partial recovery from a drop-off in May.
U.S. Bank turns a corner on efficiency, momentum builds for revenue growth

U.S. Bank turns a corner on efficiency, momentum builds for revenue growth

Company took big strides in the second quarter, CEO Andy Cecere's debut.
Mpls. analyst who saw iPhone's promise goes all in on Tesla's Model 3

Mpls. analyst who saw iPhone's promise goes all in on Tesla's Model 3

The rollout of Tesla's more-affordable sedan is a turning point for electric vehicles, analyst says.
Buffalo Wild Wings starts the sale of 83 restaurants to franchisees

Buffalo Wild Wings starts the sale of 83 restaurants to franchisees

New strategy launched after activists got seats on restaurant firm's board.
Data uncertainty led Kashkari to vote again for hold on interest rates

Data uncertainty led Kashkari to vote again for hold on interest rates

For the second time this year, the Minneapolis Fed president was the only member to vote to hold rates in place.
Shares in Target, Supervalu, other grocers fall sharply

Shares in Target, Supervalu, other grocers fall sharply

Investors see grocery companies pressured by Amazon's biggest foray into brick-and-mortar yet.
Volatile pattern jobs emerges again as Minnesota employers trim after a big gain

Volatile pattern jobs emerges again as Minnesota employers trim after a big gain

The state lost 7,200 jobs last month after enjoying a big jump in April.
Kashkari's dissent on rates seemed clear in the morning's inflation data

Kashkari's dissent on rates seemed clear in the morning's inflation data

Since January, the Minneapolis Fed leader has repeatedly pointed to low inflation as one reason to keep interest rates steady.
Analyst says Buffalo Wild Wings shareholders in 'lose-lose' spot

Analyst says Buffalo Wild Wings shareholders in 'lose-lose' spot

The winner of Friday's shareholder vote will face greater difficulty maintaining profits, Wedbush Securities says.
Buffalo Wild Wings and activist investor head for final showdown

Buffalo Wild Wings and activist investor head for final showdown

Not since investor William Ackman angled for strategic control of Target Corp. in 2009 has the fate of a large, high-profile Minnesota company come down to a such a pivotal vote.
Fed leaders: Job disparity data becoming more important to central bank's decisions

Fed leaders: Job disparity data becoming more important to central bank's decisions

The effects of poverty and inequality are becoming important to the Fed's assessment of job data.
Mpls. Fed wants to re-evaluate central bank's role in fighting inequality

Mpls. Fed wants to re-evaluate central bank's role in fighting inequality

Dozens of leading researchers are in Minneapolis to identify ways the central bank can assist their work.
Minnesota added 15,100 jobs in April, biggest monthly gain since 2013

Minnesota added 15,100 jobs in April, biggest monthly gain since 2013

The gain brought the state closer to the national rate of job growth.
Despite strong economic sentiment, business chiefs hold back on investments, two Fed chiefs say

Despite strong economic sentiment, business chiefs hold back on investments, two Fed chiefs say

Two Fed leaders say their research shows optimism but not much investment.

Cintas will close former G&K headquarters in Minnetonka, lay off 232

Cintas will begin the downsizing at G&K's headquarters in July and finish next year.
Who competes with Buffalo Wild Wings? Differing views at core of stock battle

Who competes with Buffalo Wild Wings? Differing views at core of stock battle

The company's stock performance looks different depending the firms used for comparison.
Star Tribune CEO Mike Klingensmith to chair news industry trade group

Star Tribune CEO Mike Klingensmith to chair news industry trade group

He succeeds Tony Hunter, a consultant and former chief executive of the Chicago Tribune.
Canadian insurance firm buys Plymouth-based OneBeacon for $1.7 billion

Canadian insurance firm buys Plymouth-based OneBeacon for $1.7 billion

Intact Financial Corp. takes a bigger step into the U.S. market with the deal.
Read our comment standards

StarTribune.com welcomes and encourages readers to comment and engage in substantive, mutually respectful exchanges over news topics. Commenters must follow our Terms of Use.

  1. Keep it civil and stay on topic.
  2. No profanity, vulgarity, racial slurs or personal attacks.
  3. Comments with web links are not permitted.
  4. Comments that violate the above will be removed. Repeat violators may lose their commenting privileges on StarTribune.com.

Comments will be reviewed before being published.

More from Star Tribune