A combination of office/warehouse users and bulk distribution companies, like Sweet Harvest Foods located in Lakeville, Minn., are driving the industr

One sector of Twin Cities commercial real estate that's not sputtering: Industrial

The segment, which includes warehouses and distribution centers, has seen a decline in construction and rapidly rising rents despite high demand.

Ship emergency on Lake Superior is latest safety mishap for Great Lakes freighter operator

July 11
The Michipicoten in Duluth harbor.
The Michipicoten, now in Fraser Shipyards after cracking and taking on water, is just the most recent incident for Rand Logistics ships.

Retailers cut prices in 'summer of savings,' but consumers need to shop smart for best deals

July 11
Customers peruse the aisles during the grand opening for a new Aldi store Thursday.
Target, Walmart, Aldi and many other major retailers are responding to consumers' continued price sensitivity.
Local
31 minutes ago
The Twin Cities Pride Parade on Hennepin Avenue in Minneapolis on June 30.

Minneapolis hotel revenue for June sets all-time monthly record, thanks to event-filled month

Pride celebrations, U.S. Olympic gymnastics trials and the Taste of Minnesota were big hits for downtown.
Business
July 11
Allete CEO Bethany Owen speaks at a panel in Minneapolis in June. The Duluth-based energy company spent more than a year looking for a buyer before an

Minnesota Power parent company explored sale starting in 2022 ahead of $6.2 billion deal

That revelation and others — like how the company CEO would cash in on the sale — came as part of disclosures ahead of an August stockholder vote to take Allete private.
Politics
July 11
In a file photo taken Wednesday, Feb. 17, 2021, finished My Pillow pallets are wrapped and stored at a Shakopee warehouse.

Mike Lindell's MyPillow facing eviction notice in Shakopee

The company owes its Pennsylvania-based landlord $447,603, according to a court filing, but Lindell says payment is being settled.
Business
July 11
Soybeans are processed at a CHS plant in Mankato in 2022. Inver Grove Heights-based CHS says its agricultural profits have fallen partly due to height

CHS: Global trade winds continue shifting away from American farmers and cooperatives

Inver Grove Heights-based CHS warned Wednesday that exports face "strong competition."
Business
July 10
Sheep on the loose in Zumbrota, Minn.

Minnesota sheep on the lam in Zumbrota evades police but not a cowboy's lasso

Videos from the Zumbrota Police Department document their pursuit of the furry baaaaandit.
What are Minnesota's Top Workplaces for 2024?
Business
What are Minnesota's Top Workplaces for 2024?
updated 17 hours 25 mins. ago
We survey employees to find the top workplaces in the Twin Cities and Minnesota each year. Those ranking at the top of the list might surprise you.
Business
July 10
Sheep on the loose in Zumbrota, Minn.

Sheep on the loose in Zumbrota, Minn.

Officials eventually called in reinforcements from the Central Livestock — Zumbrota sale barn to wrangle the animal.
Nation
July 10
In this Oct. 19, 2005, file photo, steam billows from two active cooling towers of the Three Mile Island nuclear power plant in Middletown, Pa. The do

A nuclear accident made Three Mile Island infamous. AI's needs may revive it.

It is part of a burst of fresh activity at mothballed plants as tech companies, manufacturers and energy regulators scramble to find enough zero emissions electricity to keep up with surging demand.
Business
July 10
Marshfield Medical Center in Marshfield, Wis. The rural health system plans to merge with South Dakota-based Sanford Health; both previously sought to

South Dakota-based Sanford Health to merge with Marshfield Clinic in Wisconsin

The combined health system would be a large rural health care provider, with 56 hospitals and more than 250 clinics.
Business
July 10
Tierra Encantada, a Spanish immersion daycare and preschool is helping about 55 kids in kindergarten and first grades with their distance learning fro

As families seek more child care options, Tierra Encantada eyes growth with $38M investment

Spanish immersion child-care company will be in five states by end of year.
Business
July 10
The University of Minnesota Nurse Practitioners Clinic on South Third Street, Minneapolis.

University of Minnesota closing nurse practitioner clinic in downtown Minneapolis

The clinic, closing Oct. 31, required more than $3 million in subsidies since opening in Downtown East in 2015.
Business
July 10
Anna Teeter, a novel oil seeds program manager with Cargill, looks at a field of camelina, an intermediate oilseed that could revolutionize agricultur

Camelina is the crop of jet fuels and cleaner waters. But will farmers grow it?

The winter-planted cover crop has sustainable possibilities in the future, but first, farmers need to know if the muscular, intermediate oilseed can actually grow during Minnesota's notoriously cold winters and mild springs. That starts with a field outside Chatfield.
With $371.6B in revenue, this giant again tops list of Minnesota public companies
Business
With $371.6B in revenue, this giant again tops list of Minnesota public companies
updated 13 hours 25 mins. ago
This year, 38 of the top 50 Minnesota-run companies had $1 billion or more in revenue.
Business
July 10
Monish Patolawala, the new chief financial officer of 3M

3M president, finance chief resigns for job at ADM

President, finance chief at 3M resigns for job at ADM
Business
July 9
Optum's headquarters in Eden Prairie.

FTC report slams pharmacy benefit managers, says firms inflate drug costs, squeeze competitors

A trade group for the companies, including two large players based in the Twin Cities, blasted the commission's interim report.
Business
July 9
After 10 years of planning, downsizing and finally a takeover by the city -- which served as its developer -- the Penfield, a building of market-rate

Downtown St. Paul Lunds & Byerlys reducing hours, products because of low sales

The grocer was open daily from 7 a.m. to 9 p.m., but the new hours are from 10 a.m. to 7 p.m. The changes will be in effect Monday.
Business
July 9
Don Wyse, a University of Minnesota agronomy professor and researcher, stands in front of perennial sunflowers that are part of the Forever Green init

University of Minnesota ag visionary, Forever Green Initiative founder Don Wyse dies

The University of Minnesota crop scientist helped develop Kernza and pennycress, key parts of the regenerative agriculture movement.
Business
July 9
Blue Cross and Blue Shield of Minnesota is a nonprofit health insurer with its headquarters office in Eagan.

Minnesota wants fixes for Blue Cross plan after alleged contract breach

The state has issued a corrective action plan for the HMO after feds questioned Medicaid payment suspensions and timely fraud reporting.
Business
July 9
Jessica Waller works on making a cashew peanut butter in an industrial kitchen at the Cornerstone Creek Apartments in Golden Valley.

Money, Work, Know-How

Stories for Minnesotans who want to develop careers, build businesses, find opportunities, make more money and spend it wisely — and about the people who can help them do it.
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 2 hours 45 mins. ago
We've created a new destination for everything agriculture in Minnesota and around the country.
Business
July 9
Outsell CEO Mike Wethington photographed in 2016.

AI firm bets big on Twin Cities software company in $100M deal

New York tech company Impel acquires Minneapolis-based Outsell to bolster AI sales and marketing system for auto retailers.
Business
July 8
Give special care to composing a resume, and make sure you check it over thoroughly.

How to get your resume past tech filters to a real person

Like most everything else, applications, cover letters and résumés are now online. But computers can be an ally in your job hunt, not a barrier.
Business
July 8
Anoka-based Federal is among Vista Outdoor's ammunition brands that will likely be sold to a Prague-based company.

Vista rejects last-ditch offer from U.S. investors, solidifies deal with Czech firm

The Anoka-based company's board unanimously recommends a revised $2.1 billion offer from Prague-based CSG.

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.