Anna Colakovic, a volunteer with Wells Fargo, rolls an anti-graffiti coating over a mural on Lake Street last month.

Murals, loans and grants aid Lake Street's recovery, but years of work remain

Four years after George Floyd's murder, Lake Street sees progress, but there are many stalled projects such as the former Gandhi Mahal Restaurant building.

Lower car prices bring better deals, but high interest rates deter some Minnesota buyers

May 8
Used cars for sale are lined up on display outside Walser Toyota Wednesday, Dec. 1, 2021 in Bloomington, Minn. Used car prices are up 30 percent over
What's working in the favor of today's buyers, though, is the ability to shop around for the best price and not settle as inventory levels rebound, experts say.

Minneapolis-based Odele grew hair care brand via Target; now, it's eyeing women's sports fans

May 8
From left to right, Odele Beauty founders Shannon Kearney, Britta Chatterjee, Lindsay Holden.
Women owned and operated hair care company looks to tap into sports fans as latest sponsor of WNBA's Minnesota Lynx.
Business
54 minutes ago
An excavator begins the demolition work of the former O'Reilly Auto Parts store on Lake Street, which was destroyed in the riots following George Floy

Where Lake Street rebuilding projects stand four years after the riots

The progress is uneven, with the Coliseum Building nearly open and a PPL affordable housing project waiting for a groundbreaking date.
Business
May 8
A crowd gathered to watch Michelle Wie as she teed off on the 17th hole. ] ANTHONY SOUFFLE • anthony.souffle@startribune.com Golfers took part

Hazeltine golf club wants to take large-scale events to the next level with villas, new courses

The improvements plan was submitted to the city of Chaska.
Business
May 8
Minnesota Timberwolves majority owner Glen Taylor hugs minority share owner Marc Lore while Alex Rodriguez looks on after the team’s win over the Cl

Also at stake in the Timberwolves, Lynx ownership dispute: Financial damages

While key question is whether deal will continue, settling the dispute could raise a number of monetary issues.
Business
May 7
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Minneapolis Fed's Kashkari says interest rate conundrum makes 2024 uncertain

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said it's possible an interest rate cut won't happen this year after all.
Local
May 7
The historic Lowry Apartments, once a posh downtown St. Paul hotel, sit on the corner of Wabasha and 4th streets. The building was listed for sale Mon

For sale: Downtown St. Paul's historic Lowry Hotel, now home to affordable apartments

The nearly century-old building was listed by Madison Equities less than a week after the company dumped its entire downtown office portfolio on the market.
Is your company on the list of Minnesota's 2022 Top Workplaces?
Business
Is your company on the list of Minnesota's 2022 Top Workplaces?
updated 18 hours 21 mins. ago
Worker expectations change at Minnesota firms as pandemic retreats.
Business
May 7
Minnetonka Mayor Brad Wiersum, visible on the screen and in the middle of the dais, spoke shortly before the Minnetonka City Council on Monday night a

Ramstad: Minnetonka council meeting shows compromise on affordable housing is possible

Making change in an old neighborhood takes tough negotiating and thick skin.
Local
May 7
Taylor Swift performed Friday, June 23, 2023, at US Bank Stadium in Minneapolis, Minn. ] AARON LAVINSKY • aaron.lavinsky@startribune.com

Ticket-selling enters regulation era as Walz signs fee transparency into law

One state representative's ordeal purchasing Taylor Swift tickets served as the "genesis" of the legislation.
Business
May 7
Image of Sun Country jets on the tarmac at Minneapolis-St Paul International Airport at the airline's maintenance facility.

Sun Country Airlines' profit dented as COVID-era federal funding expires, sending airport fees up

Quarterly revenue was up 5.9% to $311 million, the company's highest for any quarter dating to 2017.
Local
May 7
The sun set in front of the bow of a Wenonah Minnesota II canoe in The Boundary Waters Canoe Area Wilderness on Eddy Lake in the Fall Lake Township. ]

Essential Minnesota: Your guide to what everyone is talking about

The news you need, right in your inbox every morning.
Business
May 7
Managing Partner and Executive Chair Rory O'Neill and Managing Partner and CEO Evan Carruthers who founded the private investment firm Castlelake have

Minneapolis' Castlelake investment firm getting $1.5B infusion from Canadian global asset manager

The deal with Toronto-based Brookfield Asset Management should close by the end of the third quarter.
Business
May 6
Ryan Cos. will provide Narcan at all of its construction sites across the U.S.

Ryan will equip worksites with Narcan as more construction companies address mental health

The Minneapolis-based developer worked with a White House effort to address overdoses. The industry has one of the highest rates of opioid abuse, federal statistics show.
With $324.2 billion in revenue, UnitedHealth again tops list of Minnesota public companies
Business
With $324.2 billion in revenue, UnitedHealth again tops list of Minnesota public companies
updated 3 hours 44 mins. ago
The top 50 companies as a whole posted revenue of $750.7 billion, up 7% from the year before. However, growth was slower than in 2021.
Business
May 6
Target's Cat & Jack kids apparel brand is now being sold in Hudson's Bay stores in Canada.

Cat & Jack in Canada: Target expands kids brand in Hudson Bay and considers other international markets

The private-label children's line will be expanded at Hudson's Bay stores as international retailers show interest in selling the Minneapolis-based Target's brands.
Business
May 6
Drone system engineer and developer Mikkel Tiller, center, and pilot Warren Grange, both with Heimdall Power, discuss their flight to install an orb o

Balls, orbs or neurons: The pioneering tech helping Great River Energy manage transmission lines

A small sphere Norway's Heimdall Power created aims to free up space and reduce congestion, potentially eliminating the need for new infrastructure.
Business
May 6
Attorney General Keith Ellison speaks during a press conference in April. Ellison filed fraud Medicaid fraud charges against a group of Faribault admi

Minnesota AG Ellison brings charges in Faribault area Medicaid fraud scheme

Co-conspirators are accused of fraudulent billing for transportation, interpreter and specialty clinic services.
Business
May 6
Jessica Waller works on making a cashew peanut butter in an industrial kitchen at the Cornerstone Creek Apartments in Golden Valley.

Money, Work, Know-How

Stories for Minnesotans who want to develop careers, build businesses, find opportunities, make more money and spend it wisely — and about the people who can help them do it.
Local
May 6

Planters recalls honey-roasted peanuts, mixed nuts packages over possible listeria contamination

The recall affects Publix distribution sites in four states and Dollar Tree warehouses in two.
Business
May 6
Allete President and CEO Bethany M. Owen posed for a portrait in the board room in the ALLEETE headquarters in 2020. She will remain at the helm of th

Duluth electric utility owner Allete to go private after $6.2 billion sale

A Canadian pension board and an investment fund partnered to buy the company, which will keep its headquarters in Minnesota.
The Louriston Dairy near Murdock, built and operated by Riverview LLP, is home to 9,500 cows, 40 times more than the average American dairy. The compa
Agriculture News and trends about Minnesota's farm economy
updated 10 hours 8 mins. ago
We've created a new destination for everything agriculture in Minnesota and around the country.
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May 6
Graduation season is a time of celebrating accomplishments and extending best wishes for life’s next chapter, but it can also be a time of stress wh

How to survive graduation season: What you need to know about parties, gifts and planning

Managing graduation parties, events and gifts Minneapolis
Business
May 5
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Minnesota Power agrees to smaller bill increase for customers in settlement

If utility regulators approve the deal with state officials, residential customers' electric rates would increase 4.9% instead of the originally posed 12%.
Business
May 4
Jerome Riley networks and gets some mentorship from a U.S. Bank representative during the annual People of Color Career Fair at the Minneapolis Conven

Ramstad: In a tight labor market, job fairs have changed to find people on the margins

Organizers are trying to help people who have been on the margins of the labor market, as demand for workers remains high.

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Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.