Apartment buildings, like this one under construction in downtown Minneapolis, accounted for only a fraction of the permitted housing in the metro are

Home building in the Twin Cities plummeted during March

Higher mortgage payments could be one reason why there are fewer building permits this month.

Typo in U.S. Bancorp's annual report misrepresented the value of the bank's loans

March 30
Minneapolis-based U.S. Bancorp, the country’s fifth-largest bank, made a typo in its annual report that misrepresented the value of the bank’s loa
The Minneapolis-based bank accidentally said its loans were worth $50.6 billion more than when they originated instead of $12.4 billion less.

Dick's moving into former Herberger's space at Rosedale Center

March 30
Dick’s Sporting Goods is planning to open on the site of the former Herberger’s store at Rosedale Center in 2024.
The sporting goods emporium should officially open in late 2024, six years after the department store closed.
Politics
March 30
U.S. Rep. Pete Stauber, R-Minn., earlier introduced mining focused legislation that was part of a larger House bill that passed Thursday.

Rep. Pete Stauber mining effort passes U.S. House

The Minnesota Republican's push, which he described as modernizing the permitting process, cleared the chamber as part of a broader GOP-led energy package.
Business
March 30
Clayton Halunen in 2014.

Disgraced Twin Cities lawyer faces tougher punishment for sexually harassing employees

On Wednesday, the Minnesota Supreme Court ruled a six-month suspension for Clayton Halunen is "inadequate" discipline.
Agriculture
March 30
The scene Thursday morning after a train carrying ethanol and corn syrup derailed and caught fire along a BNSF line in the west-central Minnesota town

What we know about ethanol train derailments in Minnesota

In 2022, the state produced 1.4 billion gallons of ethanol that is mostly transported by rail.
Business
March 30
Cameron Briscoe of Minneapolis helps direct a Ford Mustang convertible onto a platform during setup for The Twin Cities Auto Show Thursday, March 30,

Car sales expected to rise this year as inventories improve despite high prices, interest rates

As snow melts, the car shopping season kicks off in Minnesota, starting with the nine-day Twin Cities Auto Show opening Friday.
Business
March 30
Grain Exchange Building barber Bob Haddow, also an art historian and portrait artist, is the last barber in the 120-year-old historic structure. Haddo

St. Anthony: 'Barber Bob' leaving Grain Exchange in downtown Minneapolis

The customers of Bob Haddow, also an art historian, painter and author, appreciate him as much for stories and eclectic interests as haircuts.
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 7 hours 15 mins. ago
Worker expectations change at Minnesota firms as pandemic retreats.
Business
March 30
Tom and Jenni Smude at their plant in Pierz, Minn. They have diversified and grown their primary sunflower oil business, plus beef and most recently w

St. Anthony: Couple build farm-to-fork business — and community — in central Minnesota

Jenni and Tom Smude pivoted about 15 years ago after nearly losing their farm.
St. Cloud
March 29

Sauk Rapids man gets 18 months for climbing on train, stabbing engineer

The 41-year-old was also ordered to pay more than $13,000 to BNSF Railway.
Agriculture
March 29
A ship carrying grain waited in port in Odessa, Ukraine.

Cargill to stop handling Russian grains for export as war in Ukraine continues

Citing "export-related challenges," the Minnesota-based grain giant said it will stop elevating Russian grain in July.
Business
March 29
UnitedHealthcare has its headquarters in Minnetonka

UnitedHealthcare reducing some 'prior authorization' requirements

The Minnetonka-based insurer says it will eliminate nearly 20% of restrictions to boost convenience for doctors, patients — the latest national insurer to adjust its requirements.
Business
March 29
Winnebago has bought a battery company to further fuel its move into electric vehicles.

Winnebago buying lithium-ion battery maker as it continues push into electric vehicles

Terms of the deal were not disclosed but sale is expected to be finalized by end of May.
South Metro
March 29
Until recently, Charles Workman lived in this 4,200-square-foot home in Prior Lake. It has an in-ground heated pool in the back yard.

Twin Cities swimming pool builder charged in alleged down-payment scam

Charges say he spent some of the money gambling, making child support payments, and on a horse and saddle.
These are the top 50 public companies in Minnesota ranked by revenue
Business
These are the top 50 public companies in Minnesota ranked by revenue
updated 10 hours 30 mins. ago
The top five companies on the Star Tribune 50 each had double-digit revenue gains in 2021. The group as a whole has grown as well. The addition of new companies over the past few years have helped raised the floor from $88.3 million in 2018 to $233.4 million this year.
Business
March 29
A rendering of 200 Central in Minneapolis. The 27-story apartment tower will have 359 rentals.

New 27-story apartment tower coming to Minneapolis skyline

About half the apartments will be income-restricted.
Business
March 29
Tim Viere, chief executive of EntreBank, left, and Erik Knutson, chief financial officer, at the bank’s offices in Bloomington.

Ramstad: At Minnesota's newest bank, deposits grew after recent industry turmoil

Some businesses already had EntreBank on their radar, while others are spreading deposits around.
Coronavirus
March 28
Mason Nadolney got his second COVID-19 vaccine shot during a mobile vaccine event at Chanhassen High School in July.

What to know about COVID omicron variant, Minnesota testing, vaccines

Expert advice on masking, testing, vaccines and boosters is evolving along with coronavirus variants. Here's the latest from Minnesota and the CDC.
Business
March 28
Serene Warren with her late father, pharmaceutical pioneer Ken Evenstad, before five years of what the judge called “massive, unrelenting” litigat

Judge issues stern ruling in feud among one of Minnesota's richest families over $1B estate

The judge concluded that the daughter of pharmaceutical pioneer Ken Evenstad should receive a fraction of the $228 million she sought.
Business
March 28
Bright Health, which is proposing a stock split, is based in Bloomington.

Bright Health proposes reverse stock split to retain NYSE listing

The split would boost stock price, which has dropped nearly 99% since it went public.
Business
March 28
Polaris Xchange is an online marketplace for new and used powersports vehicles

Polaris launches new online marketplace for powersports vehicles

Polaris Xchange helps consumers through the sale process, with its dealers involved.
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 23 hours 2 mins. ago
We've created a new destination for everything agriculture in Minnesota and around the country.
Business
March 28
Just Turkey owner Sam Willis Jr. prepared for the lunch rush with employee Shamar Steele. Willis is excited about the potential for development at 38t

St. Anthony: Another piece of redevelopment puzzle at George Floyd Square put in place

Business owners are hopeful for recovery at 38th and Chicago, where a local developer and partner are investing in the biggest commercial complex.
Business
March 28
The Minneapolis Sculpture Garden is one of many landmarks the city’s tourism agency wants to showcase in a new ad campaign. Shari L. Gross • shari

Tourism agency launches new campaign to combat stigma, draw visitors to Minneapolis

The Meet Minneapolis campaign, "See What All the Fuss is About," is the agency's largest in a decade.
Variety
March 28
A screenshot of a Reddit post from four years ago shows a mannequin sporting TravisMathew’s “Dad Bod” T-shirt in an undisclosed location.

Yuen: Can we make room for men in the body positivity movement?

A mannequin at the Mall of America isn't sending the right message about male body acceptance.

Business

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.