MERGERS & ACQUISITIONS
Abra Auto Body & Glass, Brooklyn Park, has acquired all 12 True Quality Collision Centers in Cincinnati and Dayton, Ohio, and Bloomington, Ind. Terms were not disclosed.
NEW BUSINESS
Condor Airlines made its Twin Cities debut Thursday when a flight from Frankfurt, Germany, arrived at Minneapolis-St. Paul International Airport. Condor will offer seasonal nonstop service from MSP to Frankfurt. The Âairline serves 75 destinations in Europe, Asia, Africa and the United States.
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Business
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
US seeks information from Tesla on how it developed and verified whether Autopilot recall worked
Federal highway safety investigators want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company's Autopilot partially automated driving system.
Business
Disney's streaming business turns profitable in first financial report since challenge to Iger
The Walt Disney Co. moved to a loss in its second quarter, hampered by restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well.
Business
One way to appreciate teachers: These schools provide their day care
When Christina Zimmerman returned to teaching last year after maternity leave, she grappled with postpartum depression that she says could have led to quitting her job.
Business
EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
EU countries approved a plan worth 6 billion euros ($6.45 billion) to support Western Balkan states on Tuesday aimed at accelerating reforms and economic growth in the region, as they seek future membership in the bloc.