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Victor Stefanescu

Reporter
Stefanescu previously covered the business of food, aviation and real estate for news outlets in the Northeast and St. Louis, his hometown. He is a graduate of Boston College, where he studied communication and led the independent student newspaper, The Heights.

Latest from Victor Stefanescu

Don’t call it a spa: 100-person sauna Bathhouse coming to Minneapolis’ North Loop

The facility will include a rooftop pool, massages, a steam room and more when it opens in 2027.
December 23, 2025

Citizenship ceremonies take on new meaning while immigration raids underway

The process of becoming a citizen is becoming harder. For immigrants in the Twin Cities, getting through it has never felt more important.
December 19, 2025
Editor's Pick

Editor's Pick

Caribou Coffee to refocus on cozy cafes instead of drive-thru speed

The Minnesota-founded chain’s new CEO is emphasizing “chalet” coffee shops, a departure from the tiny “cabin” storefronts started in 2019.
December 18, 2025

From diamonds to hockey, a look at the Twins’ new minority owners

The sale of part of the team will allow the Pohlad family to pay off “a significant amount” of the organization’s $500 million debt.
December 18, 2025
Editor's Pick

Editor's Pick

The Minnesotan behind Cologuard, which fueled the biggest health care acquisition of 2025

The late Dr. David Ahlquist co-invented ColoGuard, which is helping drive Abbott Laboratories’ acquisition of Exact Sciences. After an ALS diagnosis in 2019, Ahlquist wasn’t done inventing.
December 7, 2025

Medtronic’s high-stakes Hugo surgical robot finally gets American regulators’ nod

Following concerns that Medtronic was overspending on the high-tech system and not developing it fast enough, FDA clearance is a major victory for the Minnesota-run medtech company.
December 4, 2025

A 3-year-old’s epilepsy care is uncertain due to UnitedHealth-Fairview dispute

With the giant Minnesota insurer and health system at an impasse, Parker McEnaney’s family fears her complex care will become more difficult.
November 23, 2025
Editor's Pick

Editor's Pick

How a foreign firm’s high-dollar investment became a Minnesota startup’s nightmare

Grand Pharma’s initial $12 million investment into FastWave Medical helped the medtech startup flourish. Now, the China-based company is allegedly a hurdle while it invests in a competitor overseas.
November 20, 2025

Medtronic’s stock crests $100 for the first time in years

Medtronic defies the pressure, raising guidance after expectation-beating results.
November 18, 2025

DOJ investigates Cargill, top meatpackers for alleged beef price-fixing

President Donald Trump’s Truth Social post prompted the investigation, as the price of beef has risen faster than inflation in recent years.
November 11, 2025

From MSP to Main Street, Minnesota businesses feeling shutdown's strain

Executives at large companies and small-business owners are facing troubles as Congress is stuck in a shutdown.
November 1, 2025

Medicare to cover Medtronic hypertension treatment, unlocking big revenue potential

Executives at the Minnesota-run medtech giant have banked on the high blood pressure-curbing renal denervation system to boost its sluggish stock price.
October 29, 2025
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