Business
August 16, 2018

North Dakota oil production dips in June

Rainy weather, an abundance of natural gas and a tight labor market played a role in the decline, officials said.
Business
August 16, 2018
Lance Fahning gathers supplies in the milking parlor at his family dairy operation Meadow Front Farms.

USDA to purchase $50 million in milk, give it to food banks

Beleaguered dairy farmers welcome the relief, but dark clouds loom.
Local
August 16, 2018

Rolland Anderson, longtime advertising executive and mentor, dies at 82

Revered for his artistic eye for ads and clever headlines, Anderson built a lasting legacy in his ability to mentor and elevate others.
Business
August 16, 2018
Jeff and Angela Parsons were all smiles in their new architect-designed house, Wednesday, August 15, 2018 in Inver Grove Heights, MN.

Median home sale price rises to $268,000 in the Twin Cities, a record for July

More houses are coming on the market, but buyers are still scrambling to find entry-level properties.
Business
August 16, 2018
The Hormel pork processing plant in Fremont, Neb., Tuesday, July 8, 2008.(AP Photo/Nati Harnik)

Hormel sells Nebraska pork plant to group of Minnesota, S.D. farmers

The deal was initiated by a consortium of 220 hog farmers in an effort to capture a greater percentage of the value for the hogs they raise, the consortium said.
East Metro
August 16, 2018
After retail, former site of a Maplewood golf course will get market-rate apartments

After retail, former site of a Maplewood golf course will get market-rate apartments

The Trail's Edge of Maplewood will be a market-rate building with amenities such as a community room, theater, parcel and mail room and business office.
Business
August 16, 2018

Minnesota adds 11,200 jobs in July; unemployment falls sharply for blacks, teens

May-to-July period was one of best for hiring that Minn. has seen since 1990.
St. Paul
August 16, 2018

New hotel to be built in downtown St. Paul

The Raymond Group paid nearly $2.6 million for a surface parking lot on the corner of Jackson Street and E. 9th Street, a couple blocks from Mears Park.
Business
August 16, 2018

Real estate notebook: Even while apartment construction booms, need for housing grows in Twin Cities

Business
August 16, 2018

Biotech thriving in Minnesota as overall health startup fundraising slows

A slow-down in health fundraises of less than $4M blamed on loss of angel investor tax credit
Business
August 16, 2018

Flipgrid plans to expand under Microsoft

Flipgrid, which raised millions from local investors in 2015, was acquired earlier this summer by Microsoft.
Business
August 16, 2018
General Mills CEO Jeff Harmening (Photo provided by General Mills)

CEO Pay Watch: General Mills' Jeff Harmening made $4.1 million in fiscal 2018

Harmening got an increase to his base salary to $1.2 million that accounts for his new role as CEO.
Business
August 16, 2018
Best Buy is paring the CDs available at its stores, and removing them altogether from its website.

Best Buy makes $800 million investment in aging America

Retailer buys GreatCall, one of the nation's largest providers of health and personal emergency response calls.
Minneapolis
August 16, 2018
Developers release new renderings of north Mpls. riverfront concert venue

Developers release new renderings of north Mpls. riverfront concert venue

Developers are sharing more information about possible plans to transform part of the Minneapolis riverfront.
South Metro
August 16, 2018
Isaac M. Aboki

Onetime Burnsville nursing home aide charged with sexually assaulting vulnerable resident

The staffer was caught on top of the woman, investigators said.
Minneapolis
August 15, 2018
Solaris Redevelopment Corp. is building a six story apartment building with 156 apartments atop 20,000 square feet of retail space that surrounding a

Colorado developer looks to juggle two North Loop apartment projects

Solaris looks to add more than 300 upscale units in hot Minneapolis neighborhood.
Business
August 15, 2018
A pipe fitter lays the finishing touches to the replacement of Enbridge Energy's Line 3 crude oil pipeline stretch in Superior, Minn.

Enbridge oil spill insurance inadequate, Minnesota regulators say

Commerce officials are raising questions about coverage as part of their review of the company's proposed Line 3 project.
Business
August 15, 2018
Rich Wasielewski, CEO of Nortech Systems Inc., announced on Wednesday that he will retire. The board of director's has hired a search firm to find a r

Rich Wasielewski to retire as CEO of electronics maker Nortech Systems

The announcement came as Nortech reported its best quarterly profit in seven years.
Business
August 15, 2018

At investment conference, executives discuss growth plans as fund managers contend with fee pressure

The CFA Society's annual gathering captured economic optimism and industry worry.
Business
August 15, 2018
Alexa and Cortana, Amazon's and Microsoft's digital assistants, will now work on each other's devices by letting one assistant summon the other. (Micr

Alexa, Cortana finally get the conversation going

It marks the first time competing digital assistants can interact.

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.