Staff Directory 10646026

Neal St. Anthony

Columnist, reporter | Business
phone: 612-673-7144
Neal St. Anthony has been a business columnist and reporter for the Star Tribune for 30 years. He also has worked in financial communications for two publicly held companies.
Recent content from Neal St. Anthony
St. Anthony: Hidrate Spark bottle founders work through hiccups

St. Anthony: Hidrate Spark bottle founders work through hiccups

Young entrepreneur Nadya Nguyen and her three partners at HidrateMe, have discovered that entrepreneurship is not an easy drink of water. Nguyen, 24, a University…
Thor Construction headquarters project gets Target backing

Thor Construction headquarters project gets Target backing

The $36 million project will include offices and retail on the north side of Minneapolis.
Reeher LLC helps colleges polish their fundraising efforts

Reeher LLC helps colleges polish their fundraising efforts

The big news among area higher-education fundraisers last week was the $10 million gift to the College of Saint Benedict from an anonymous donor to…

Minnesota, America turning over good economy to Donald Trump

Donald Trump is inheriting a good economy, as well as inspiring some enthusiasm with his growth plans. The National Federation of Independent Business’ (NFIB) index…
Heat turned back up on push for pre-K pact in Minnesota

Heat turned back up on push for pre-K pact in Minnesota

We're set for the years-old argument over different approaches to solve an issue on which opponents agree: getting more kids ready for kindergarten.
Obituary: Star Tribune news editor Tom Holten was 'island of calm' despite hectic deadlines

Obituary: Star Tribune news editor Tom Holten was 'island of calm' despite hectic deadlines

Tolman "Tom" Holten worked into the early morning hours to produce the latest news for Star Tribune readers for more than 30 years. When asked…
St. Anthony: Hennepin County focuses on shaping tomorrow's workforce

St. Anthony: Hennepin County focuses on shaping tomorrow's workforce

Tonya Jordan, an apprentice electrician at Noble Conservation Solutions, is bursting through the achievement gap. Jordan, 30, a high school dropout, worked at minimum-wage retail…
The Food Group taps volunteer, business help in hunger-relief effort

The Food Group taps volunteer, business help in hunger-relief effort

Chief Executive Lori Kratchmer of the Food Group points to Sal Daggett as evidence of how Minnesota’s biggest supplier of free to low-cost food to…
Fourth-generation Mpls. furrier adapts to times, tastes

Fourth-generation Mpls. furrier adapts to times, tastes

If it snowed more than 7 inches on New Year’s Day, customers who had bought a fur, leather or other coat at Ribnick Luxury Outerwear…
Book looks back on Ford Motor's glory days in Minnesota

Book looks back on Ford Motor's glory days in Minnesota

Brian McMahon, an architect and commercial developer from Brooklyn, N.Y., moved his family to the Twin Cities more than 30 years ago amid a real…
2nd Swing returns to form with innovations for golf buffs

2nd Swing returns to form with innovations for golf buffs

The golf retailer's revival has shown that innovation can include tapping into some tried-and-true ideas.
Human connections give job seekers a leg up beyond LinkedIn and other electronic contacts

Human connections give job seekers a leg up beyond LinkedIn and other electronic contacts

While you might have to submit your résumé online, it's best to network, because knowing someone still gets that résumé to the top of the stack.
Tina Rexing ditched a lucrative corporate career for T-Rex Cookie and cafe

Tina Rexing ditched a lucrative corporate career for T-Rex Cookie and cafe

Tina Rexing owns T-Rex Cookie Co. and bakery-restaurant at 33rd and University Avenue SE. in Minneapolis. “I work seven days a week, but the business…

Investors optimistic about U.S. economy

Investors are optimistic about the stock market in the wake of good news about economic and corporate-earnings growth in the second half of 2016. The…
"Navigator" office to help small businesses in Mpls.

"Navigator" office to help small businesses in Mpls.

A recent gathering at City Hall celebrated an agreement to open a Minneapolis small-business "navigator" office. It should help fledgling businesses with a soup-to-nuts checklist and hands-on coaching to get them through a simpler, streamlined process.
Helped by mentor's big bet, Activated Research gains traction

Helped by mentor's big bet, Activated Research gains traction

Brad Cleveland and his wife, Pat, donated millions to the Mayo Clinic, where he was treated for years, to charities and a few promising businesses. One of them, Activated Research Co. (ARC), is led by Andrew Jones, who was a chemical engineering student Cleveland mentored a decade ago at the University of Minnesota.
Itasca Project's work on racial disparities highlighted in new book

Itasca Project's work on racial disparities highlighted in new book

Itasca, started in 2003, is a business-education-foundation collaboration that studies big issues and transcends boundaries in seeking solutions with partners.
Second act for Minneapolis deli Delmonico's on hold

Second act for Minneapolis deli Delmonico's on hold

"I admit I've made mistakes," said Jessica Rivera, who bought the business from the Delmonicos a couple of years ago.

Minneapolis offers matching grants for pollution-cutting businesses

Businesses can reduce air pollution and make the city healthier with help from the city of Minneapolis.
Small business tells Minneapolis it needs one-stop development guide

Small business tells Minneapolis it needs one-stop development guide

A "navigator" office plan to help with rules, regulations goes to the full Mpls. council.
As Digi draws bids, CEO seeks more time to work strategy

As Digi draws bids, CEO seeks more time to work strategy

Since he was hired two years ago, Digi International CEO Ron Konezny has received good marks for streamlining the company, jettisoning a business that didn't…
Owner of Willful gift shop in south Minneapolis 'still bootstrapping it'

Owner of Willful gift shop in south Minneapolis 'still bootstrapping it'

Araya Jensen, owner of Willful in south Minneapolis, had no designs on becoming a retail entrepreneur when she was laid off in 2010 as a…
Mendota Heights business finds new life for old banners

Mendota Heights business finds new life for old banners

The new owners of Relan invested an unspecified six-figure sum and went without salaries for three years. They changed the old Relan business model and slowly started to attract clients.
Mary Lynn and Warren Staley recognized for charity work

Mary Lynn and Warren Staley recognized for charity work

Warren and Mary Lynn Staley have done just what they wanted for nearly a decade of retirement. And they continue to be quiet, key supporters of educational and charitable causes in Minnesota and elsewhere.
MN Commerce chief says elder financial abuse needs urgent response

MN Commerce chief says elder financial abuse needs urgent response

John Heath is part of a boom industry. Financial exploitation of the elderly. Heath, 45, an Edina financial adviser, is scheduled to be sentenced in…
Minneapolis-based ID Insight helps financial institutions pinpoint account theft

Minneapolis-based ID Insight helps financial institutions pinpoint account theft

Founder Adam Elliott's software company ID Insight is sort of a microbrewer in the land of the Budweisers that dominate the technology war against cybercriminals.

Recombinetics, Smart Information Flow Technologies lead winners of Tekne awards

The Minnesota High Tech Association honored 14 companies.
Investors take stock of a Trumped-up market

Investors take stock of a Trumped-up market

Shaking off the campaign rhetoric, market watchers are embracing the prospect
Founder Anett Grant of Executive Speaking teaches with new tools

Founder Anett Grant of Executive Speaking teaches with new tools

Anett Grant, a four-decade pioneer of the local executive-speaking circuit, had just about had it with the business a couple of years ago. “I was…
Apparel firm Asiya eyes female hijab sportswear niche

Apparel firm Asiya eyes female hijab sportswear niche

The vision of a Somali immigrant and her Minnesota-born business partner to outfit the growing ranks of Muslim-girl athletes through a line of customized sportswear…
Red Lake Band of northern Minn. plans for all-solar electric generation

Red Lake Band of northern Minn. plans for all-solar electric generation

The Red Lake Band of Chippewa in northern Minnesota intends to build enough solar energy capability on tribal lands over the next several years to…
Todd Klingel, former Minneapolis chamber CEO, dies at 63

Todd Klingel, former Minneapolis chamber CEO, dies at 63

The former publishing executive also played a key role in starting the Step-Up internship program
At tail end of boom, hotelier jumps in with 'dream' project

At tail end of boom, hotelier jumps in with 'dream' project

Independent hotelier Harshal Patel has started construction on what may be downtown’s smallest hotel at what may be the tail end of the hotel boom.…

Women want leaders who can compromise, according to Ginger Consulting

Female opinion leaders are less worried about the economy this year than in 2012 and want national political leaders who can compromise. Every fall, the…
Twin Cities need more 'girls who code'

Twin Cities need more 'girls who code'

Reshma Saujani thinks Nailah Abdullah is all that, particularly if she majors in computer science. Saujani is CEO of Girls Who Code, the national nonprofit…
Burnsville office-supply firm carves out growth in shrinking industry

Burnsville office-supply firm carves out growth in shrinking industry

High-tech systems and high-touch customer service are secret sauce for Innovative Office Solutions
Uponor North America expanded plant; hiring is bigger challenge

Uponor North America expanded plant; hiring is bigger challenge

Uponor North America, which has added enough manufacturing space at its Apple Valley flagship campus over the last couple of years to accommodate a huge…
Fast-growing Atomic Data thinks outside box to diversify tech workforce

Fast-growing Atomic Data thinks outside box to diversify tech workforce

Angelina Courtney and Ezell Jones, employees at Atomic Data’s downtown data center, could be the face of a diversifying tech workforce. “If we want a…
CEO Lee Oberg plans to expand Massage Retreat & Spa through franchisees

CEO Lee Oberg plans to expand Massage Retreat & Spa through franchisees

Lee Oberg, a former Life Time Fitness manager, started his first Massage Retreat & Spa nine years ago at a Plymouth shopping mall. “We started…
Tom Hubler, one-time family therapist, joins Platinum Group to work on family-business issues

Tom Hubler, one-time family therapist, joins Platinum Group to work on family-business issues

Family business Tom Hubler’s next stop: Merger with investment bank to help families Tom Hubler, a one-time family therapist who years ago started a business…
Low-profile ECMC Group pursues controversial expansion plan

Low-profile ECMC Group pursues controversial expansion plan

A low-profile enterprise moved its headquarters and more than 500 employees last month from Oakdale to Washington Square in downtown Minneapolis. There’s room for up…

Actua made big money owning GovDelivery

Pennsylvania-based Actua Corp., which is selling its St. Paul-based GovDelivery to a huge private equity group for $153 million, realized pretty good value from its…
MDI CEO Peter McDermott discusses the power of an inclusive workplace

MDI CEO Peter McDermott discusses the power of an inclusive workplace

Peter McDermott is a veteran accountant, business manager and industrial-development executive who took over then-struggling Minnesota Diversified Industries (MDI) in 2008.
American Indian Community Development Corp. delivers housing on E. Franklin Av.

American Indian Community Development Corp. delivers housing on E. Franklin Av.

Gabriel Corbesia works as a security guard and recently graduated from Summit Academy near the top of his carpentry class. Corbesia, a member of the…
Twin Cities entrepreneurs share secrets on how to get beyond survival

Twin Cities entrepreneurs share secrets on how to get beyond survival

Gloria Freeman became an entrepreneur when she was laid off from her job as an insurance underwriter in 1999. She followed her heart, drew on…
IPO market remains a shadow of its former self

IPO market remains a shadow of its former self

Investment banks have not seen initial offering revenue this low since mid-1990s.
U's tech office to partner with Wisconsin business accelerator

U's tech office to partner with Wisconsin business accelerator

Partnership is aimed at allowing start-ups to tap into a broader network of potential investors.
$153M sale to Vista Equity will allow GovDelivery to step up growth

$153M sale to Vista Equity will allow GovDelivery to step up growth

St. Paul-based software firm GovDelivery bought by Vista Equity Partners.
Prime Digital Academy is moving to Grain Exchange building

Prime Digital Academy is moving to Grain Exchange building

Prime Digital Academy, the employer-driven software-training certificate program, will move from Bloomington to expanded quarters in the Minneapolis Grain Exchange in January.
April 2016: CoCo's new minority fellowships part of local tech scene's efforts to recruit people of color

April 2016: CoCo's new minority fellowships part of local tech scene's efforts to recruit people of color

Alex Ro­dri­guez, not to be con­fused with the New York Yan­kee, is a prom­is­ing play­er in the Twin Cities tech­nol­o­gy scene.
Stemonix, a stem cell research firm, wins Minnesota Cup competition

Stemonix, a stem cell research firm, wins Minnesota Cup competition

Ping Yeh started Stemonix after surviving cancer to study heart damage.
How Tech Dump used marketing savvy to dodge commodity price declines of recyclables

How Tech Dump used marketing savvy to dodge commodity price declines of recyclables

Manuel Santos was grateful last month as he disassembled a personal computer and separated the parts to recycle on one of his last days at…
St. Anthony: Folks behind Ever Cat Fuels eye a second act

St. Anthony: Folks behind Ever Cat Fuels eye a second act

It’s been a decade since the scientists at McNeff family-owned SarTec in Anoka, a natural-product feed-supplement supplier to farmers, collaborated with a Rhodes scholar and…
Brad Cleveland, who helped build Proto Labs, dies at age 56

Brad Cleveland, who helped build Proto Labs, dies at age 56

He helped shape strategy that would turn the firm into a $2 billion company.
State Fair drives $250 million in economic activity over two weeks

State Fair drives $250 million in economic activity over two weeks

By comparison, the Minnesota Vikings had annual revenue of about $280 million in 2014, Forbes Magazine estimated last year.
Retired lawyer salutes 'odd jobs'

Retired lawyer salutes 'odd jobs'

Pat Delaney, who retired as chairman of Lindquist & Vennum’s corporate-law department in 2002, counts 17 “odd jobs” that he worked from age 13 on…
St. Anthony: Homegrown sunflower oil business is at a crossroads

St. Anthony: Homegrown sunflower oil business is at a crossroads

PIERZ, MINN. ­– Tom and Jenni Smude almost lost their farm in 2007-08 due to consecutive drought years and hailstorms that devastated their corn…
St. Anthony: Making it easier to recycle at the State Fair

St. Anthony: Making it easier to recycle at the State Fair

The Minnesota State Fair generates something north of 84 tons of waste every day over its 12-day run that ends Monday. Mitch Hedlund, a veteran…
Business case for Southwest LRT rolls, with a detour

Business case for Southwest LRT rolls, with a detour

Business lobbyists as well as transit advocates are pressing Gov. Mark Dayton and House Speaker Kurt Daudt, a Republican whose caucus eschews metro-transit projects, to…
St. Anthony: Charting a better course for retirement

St. Anthony: Charting a better course for retirement

Planning extends beyond saving to a rethinking of the entire concept.
Summer interns have a big impact at state's small IT, engineering firms

Summer interns have a big impact at state's small IT, engineering firms

State-funded program helps dozens of small companies hire summer help
CEO Michael Reger's exit at Northern Oil is latest jolt in unfolding tale

CEO Michael Reger's exit at Northern Oil is latest jolt in unfolding tale

The mercurial life of Northern Oil & Gas has been turbulent, even for the volatile energy trade. Northern is marked by early-stage stock killings by…

State bars internet lender, wins $11.7M settlement over 'rent-a-tribe' loans

The deal covers loans involving more than 6,000 borrowers in Minnesota.
St. Paul nonprofit's new tool improves income for African farm families

St. Paul nonprofit's new tool improves income for African farm families

In rural Senegal in West Africa, an enterprising woman named Aissatou Ly is earning an extra few bucks a day selling a tasty, nutritious ground-peanut…
Powderhorn Art Fair good for neighborhood economy; Navigate Forward sees executives more concerned with right fit

Powderhorn Art Fair good for neighborhood economy; Navigate Forward sees executives more concerned with right fit

Business was good last weekend for Cheryl Shohet at the Powderhorn Art Fair, the smaller, grass-roots festival in the park about 3 miles from the…
CVRx lands $93M equity financing

CVRx lands $93M equity financing

Medical device maker CVRx will announce Tuesday that it has raised $93 million in venture capital, the largest Minnesota haul this year.The investment was led…
At ImmunoChemistry Technologies, revival was also personal quest for owner

At ImmunoChemistry Technologies, revival was also personal quest for owner

Sally Hed recently became the sole owner of Bloomington-based ImmunoChemistry Technologies, a 10-employee company that makes biotechnology tools that, since 1994, have helped researchers at…

ESOPs, immigration reform are hot business topics

A growing number of employees in Minnesota also are owners through employee stock ownership plans, including long-term “ESOPs” such as Windings Inc. of New Ulm,…
CommonBond pioneers a new way to finance affordable housing

CommonBond pioneers a new way to finance affordable housing

CommonBond Communities just paid $16 million to buy a 112-unit Apple Valley apartment complex that the organization intends to preserve for its working-class tenants at a time when for-profit owners are scooping up rental units, adding amenities and hiking rents — causing a housing crisis for some amid a red-hot market. And CommonBond did it without any government subsidy.
Midtown Global Market helped revive a community before it hit profitability

Midtown Global Market helped revive a community before it hit profitability

The Midtown Global Market, the public face of the $190 million “Midtown Exchange” redevelopment of the abandoned Sears Roebuck complex on E. Lake Street, celebrated…
Appelquist and Uldrich apply lessons of Lewis and Clark to help managers navigate future

Appelquist and Uldrich apply lessons of Lewis and Clark to help managers navigate future

Jeff Appelquist and Jack Uldrich are accomplished business guys with diverse experience whose careers partly focus on learning from history to navigate the future and…
Contract manufacturer Bell International Labs plans Eagan facility

Contract manufacturer Bell International Labs plans Eagan facility

Bell International Laboratories plans to break ground Monday on a new headquarters and plant in Eagan. Mo Saremi, who came to Minnesota about 35 years…

Strong year shaping up for venture capital in U.S., Minnesota

Venture capital raising appears headed for another strong year both nationally and in Minnesota.Venture capitalists around the country invested $15.3 billion in 961 deals in…
Mergers-and-acquisitions business slowed in 1st half of '16

Mergers-and-acquisitions business slowed in 1st half of '16

It's a trend locally and nationally, but analysts aren't worried after two "really good years."
Duane Rouse grew ABRA fast through acquisitions

Duane Rouse grew ABRA fast through acquisitions

Duane Rouse has been a road warrior in the merger-and-acquisition wave of the past several years. Rouse, 55, is CEO of Brooklyn Park-based ABRA Auto…
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