Doosan Bobcat has tripled the size of its factory in Litchfield. The $26 million expansion, which officially opened Thursday, makes attachment parts f

Doosan Bobcat opens $26 million factory expansion in Litchfield

Construction equipment company plans to add 160 workers at the plant.

Shoreview's Deluxe buying Texas-based payment processing company for $960M

April 22
Deluxe Corp Shoreview, Minnesota headquarters.  (GLEN STUBBE/Star Tribune)
The acquisition will be the largest in Deluxe's history.

US average mortgage rates under 3% for first time since Feb.

April 22
A new home for sale in Madison, Ga.
Mortgage rates fell for the third straight week, dipping below 3% for the first time in two months.
Business
April 22
In this geocolor image captured by GOES-16 Hurricane Irma, a potentially catastrophic category 5 hurricane, moves westward, Tuesday morning.

Climate change could shrink world economy

Insurance giant warns of 14% wealth drop by 2050.
Business
April 22
American Airlines Group Inc. reported a first-quarter loss of nearly $1.3 billion, but several airline leaders believe “the worst is behind” the t

Airlines eager for summer to support recovery

Southwest made a small profit in Q1 with fed help.
Business
April 22
Pentair's U.S. headquarters in Golden Valley. (GLEN STUBBE/Star Tribune)

Demand for pools helps lift Pentair's first quarter results

The company beat expectations with across-the-board increases led by the consumer segment.
Business
April 22
A nurse works in the cardiac ICU at Fairview's St. John's Hospital in Maplewood in 2020. (Staff photo: DAVID JOLES / david.joles@startribune.c

Fairview Health Services sees losses grow with COVID-19

The pandemic cut hospital and clinic volumes at the Minneapolis-based health care system.
Business
April 22
In Uptown Minneapolis on Wednesday, the National Guard kept an eye on businesses a day after Derek Chauvin was convicted for the murder of George Floy

After Derek Chauvin verdict, Twin Cities set to defortify

Public safety officials described plans to take down barriers and boards, citing calmed tensions and decreased threats of civil unrest.
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Business
April 21
Cathy Mennes is co-owner of First Photo in Duluth, which stopped developing film in March.

Duluth camera and print shop First Photo to close after 28 years

Loans available to small businesses didn't help enough for longtime viability, the owner said.
Business
April 21
In September, Susan Dusek, a realtor for Edina Realty, posed for a portrait in front of a house for sale in the Congdon Park neighborhood in Duluth.

Duluth housing market in 'new normal' as listings remain scarce

Homes for sale dropped by half between March 2020 and last month.
Duluth
April 21
When work begins at PolyMet mine near Hoyt Lakes, Minn., the tailings basin pictured in this file photo will be put back into use. GLEN STUBBE • gle

EPA botched oversight of permits for PolyMet mine, internal investigation finds

A whistleblower called the agency's phoned-in permit comments "crazy."
Business
April 21
Spectacular views of the Stone Arch Bridge and downtown Minneapolis are a strong selling point for Eleven on the River.

With price tags in the millions, Minneapolis tower's condos are hot commodity

An uptick in Minneapolis condo market is reflected in the popularity of a 42-story building that won't open for a year.
Duluth
April 21
The proposed Nemadji Trail Energy Center in Superior, Wis.

Minnesota Supreme Court: Environmental review not needed for Wisconsin gas plant

The ruling benefits Minnesota Power, which plans to build a $700 million plant in Superior, Wis.
Business
April 20
The Apple Store in Beijing. Among proposals to rein in tech, regulators are looking at whether Apple uses its grip on its App Store to overcharge deve

A global tipping point for reining in Big Tech has arrived

China fined the internet giant Alibaba a record $2.8 billion this month for anti-competitive practices, ordered an overhaul of its sister financial company and warned…
The annual Star Tribune 50 looks at the state's largest public companies. Combined, the companies on the list employ more than 1.2 million people.
Business
State's top 50 public companies – with No. 1 at $242B in revenue
updated 4 hours 17 mins. ago
2019 will likely be remembered as the last full year of an economic expansion that lasted more than a decade. Next year's Star Tribune 50 is likely to look very different because of the coronavirus disruption.
Business
April 20
Minnesota Attorney General Keith Ellison

Minnesota settles lawsuit with New Prague tavern that violated virus restrictions

The Scott County bar continued to serve food and drinks indoors despite state orders prohibiting that.
Business
April 20
Margaret Murphy, standing, started Bold Orange in 2018.(Photo courtesy Bold Orange) ORG XMIT: MIN1802071804483655

Minneapolis marketing firm Bold Orange buys Three Deep Marketing in St. Paul

The deal allows Bold Orange to continue growing at a challenging time for the ad and marketing industry.
Duluth
April 20
Deb DeLuca, executive director of the Duluth Seaway Port Authority, addressed members of the press during the event on Tuesday. The Federal Biscay was

Shipping season officially kicks off with first saltie in Duluth

The Federal Biscay was the first overseas vessel to arrive this season.
Business
April 20
A neighbor is suing the estate of the late Minnesota businessman Irwin Jacobs and the city of Orono over a preliminary plan to divide part of Jacob’

Neighbor sues over plan to divide Irwin Jacobs estate on Lake Minnetonka

Lawsuit contends plans for the 20-acre property violate setback rules and would adversely impact neighboring estate.
Coronavirus
April 20
Kirk Randall, a nurse with Blue Cross and Blue Shield of Minnesota, filled a syringe with a dose of the Moderna COVID-19 vaccine at the site of the fo

Next phase of vaccine goal may be toughest, health officials warn

Minnesota is almost halfway to vaccinating 80% of its eligible population against COVID-19, but whether it can reach that goal — or even needs to — is unclear.
Duluth
April 19
Duluth’s Old City Hall on E. Superior St. downtown will soon include a 13-room boutique hotel.

Hotel coming to Duluth's historic former City Hall

Four of 13 rooms will be "affordable hostel-style"; summer opening set.
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 39 mins. ago
We've created a new destination for everything agriculture in Minnesota and around the country.
Business
April 19
WSB instructor Joe Schreiber (in baseball hat) made a plan with WSB trainees (including Afeez Ibrahim at left) before they did a surveying exercise at

To diversify its workforce, Golden Valley engineering firm starts training program

WSB trains women and POCs to be road surveyors, construction materials testers and pipeline inspectors
Business
April 19

Your interests beyond your job can be key to new ideas

Q: What is the secret to new ideas?A: I tell my students and clients to consider novelists. Even if a writer memorizes the entire dictionary…
Business
April 19
MyPillow CEO Mike Lindell is responding to a Dominion lawsuit filed against him and his company with a lawsuit of his own. (Sam Thomas/Orlando Sentine

MyPillow sues Dominion, who's already suing MyPillow

The Minnesota pillow company says the voting machine company created financial harm by suing MyPillow first.