Business
February 28

What to consider before buying a franchise post-pandemic

Q: What are things to consider before buying a franchise in the post-COVID future?A: Many things will have changed as we begin to move past…
Business
February 28

Recent bankruptcy filings in Minneapolis and St. Paul

MINNEAPOLISLundberg Farms Partnership, Murdock, Minn., filed Feb. 19, 21-40285; Chap. 12; assets, $2,306,060; liabilities, $4,441,023. Kevin Lundberg, managing partner.St. PaulBuehring Farms LLC, Rush City, Minn.;…
Business
February 28

Insider trading

AMERIPRISE FINANCIAL INC.Karen Wilson Thissen general counselExercised options: 8,918 Price: $126.89Date: Feb. 17 Directly holds: naGraco Inc.Robert William Van Sant directorExercised options: 13,938 Price: $24.21Shares…
Business
February 28
Shoppers try to beat the snowstorm before the holidays Wednesday, Dec. 23, 2020 at a Target Super Store in Richfield, Minnesota.

Target's investment in stores — which paid off during pandemic — isn't over

The retailer has focused on store-centric fulfillment for years and it boosted growth during the pandemic.
Business
February 28
Former President Trump’s economics and Treasury officials waited to speak to him about tax reform in 2017 at the White House.

Time for corporate leaders to get serious about diversity efforts

James Carville's famous slogan, "It's the economy, stupid," is still commonly used when the answer to a question is staring you right in the face.…
Business
February 28
Laura Orcutt, senior vice president/director of product at Bell Bank.

Bell Bank's new product director a 'quarterback' for strategy, development of financial tools

Laura Orcutt is applying her extensive banking industry experience to serve as an organizational "quarterback" as senior vice president/director of product at Bell Bank.Orcutt most…
Business
February 28
OptumLabs nurse Kristeen Shursen prepared to administer an infusion of antibodies at the site in Minnetonka.

UnitedHealth Group opens 'pop-up' infusion center for COVID-19 patients

"Monoclonal antibodies" given in Minnetonka to help avoid hospitalization.
Local
February 27
The Minnesota Department of Commerce announced Friday that it will increase the maximum annual crisis benefit in its Energy Assistance Program from $6

Minnesota Department of Commerce doubles crisis benefits to help heat homes

The Minnesota Department of Commerce has doubled the amount of assistance families can qualify for to help cover the costs to heat their homes following…
Business
February 27
Winners are chosen based on the feedback employees gave in a survey.

38 Minnesota companies make national Top Workplaces list

Energage has partnered with the Star Tribune for more than a decade to produce a Top Workplaces list for Minnesota. For the first time, it has produced a national list that recognizes companies that "prioritize a people-centered culture."
Business
February 27
Nick Schneider, Arctic Wolf’s president, and Kristin Dean, senior vice president of people.

Eden Prairie's Arctic Wolf is employee-focused — and growing

Arctic Wolf, a cybersecurity firm that moved its headquarters from Silicon Valley to Eden Prairie last year, is growing fast.
Business
February 27
People Using Laptop and Credit Score Concept on Table

More consumers complain about errors on their credit reports

Add this to the financial fallout from the pandemic: More consumers are complaining about errors on their credit reports, and many are frustrated when trying…
Business
February 27
Companies that took good care of their employees during the pandemic will see lasting good will with workers. (iStock)

Employee treatment during COVID-19 will have effect on brand reputation

It will affect everything from productivity and turnover to customer retention and recruiting.
Business
February 27
Peter Sellers and Melvyn Douglas in “Being There.”

5 guidelines for assessing the effectiveness of leaders' intellect

The balance between "simple" and "brilliant" is often seen differently by the lenses of history.
Business
February 27
Minnesota’s power companies don’t really count on wind turbines to contribute much during cold snaps.

Schafer: Wind turbines aren't a problem, but there are some on the road to carbon-free power

Three electric space heaters were running at our house the whole weekend of Valentine's Day, when it dropped to 19 below zero here in the…
Business
February 27
Entropy, order devolving into disorder, is guaranteed to occur at any major life shift.

Learning to handle disorder is key facet of solid financial planning

I am not an expert on thermodynamics, but the second law is about entropy. Ordered systems tend to become disordered. Throw money into the equation…
Business
February 26
A St. Paul food distribution company is recalling ready-to-eat meat and poultry salads and wraps because of possible listeria contamination, the U.S.

St. Paul company recalls salads and wraps due to possible listeria contamination

A St. Paul food distribution company is recalling ready-to-eat meat and poultry salads and wraps because of possible listeria contamination, the U.S. Department of Agriculture…
Business
February 26

CEO Pay Watch: H.B. Fuller's James Owens made nearly $6.8M last year

James OwensH.B. Fuller Co.President and CEOTotal compensation: $6,792,446 for the year ended Nov. 30Salary: $1,225,977Nonequity incentive pay: $1,044,717Other compensation: $362,306Exercised stock options: $2,089,341Value realized on…
Business
February 26
Minneapolis City Hall, as seen from the back of the U.S. District Court.

Rent control measure moves forward in Minneapolis

City leaders say steep increases in rents are disproportionately affecting Minneapolis residents of color.
Business
February 26
Juan Salinas powder-coated decorative heat vents last week at JIT Powder Coating in Farmington. JIT used a $550,000 PPP loan to pay 60 employees for 1

Minnesota lawmakers consider matching tax forgiveness on pandemic aid

It took a fight between Congress and the Treasury Department for the pandemic aid to become tax-free on the federal level. State legislators are thinking about whether to do the same thing.
Duluth
February 26
Small airplanes sat behind Cirrus Aircraft in Duluth on Monday June 29, 2020.

Duluth-based Cirrus Aircraft sales hurt by pandemic, rebounded late in 2020

Second-quarter sales dropped nearly 40% but by year end shipments were 10% off 2019 levels.