Business
Health insurers propose higher premiums for individual coverage
Rates could be going up but more people might blunt the impact with tax credits via MNsure.
Business
Electricity co-ops, with one big exception, approve Great River coal plant sale
Great River's sale of the big North Dakota plant — which it had originally planned to close — was approved, but not by its largest member, Connexus Energy.
Business
Feds' receiver done clawing back money for victims of Petters' $1.9B Ponzi scheme, recovering a mere sliver
After 13 years of work, about $722 million was recovered after one of the largest and most complex fraud schemes in U.S. history.
Business
True North Collaborative in Uptown offers pop-up space for small businesses, cafe
The space is inside the Seven Points in Uptown, and it hopes small businesses will grow enough to rent their own space.
Business
Omaha company recalls raw beef over E. coli concerns
The meat was distributed in Minnesota and 3 other states.
Business
Bloomington picked as the site for the U.S. bid for 2027 World Expo
The opportunity comes after the state was passed over to host the 2023 Expo.
Business
Minneapolis to resurrect rooming houses to offer low-cost housing option
The city will start accepting applications to build and operate single-room occupancy units in November.
Business
U.S. economy recovers pandemic losses, but faces new test
The GDP figure was the latest gauge of a recovery that could be challenged by the delta variant of the coronavirus.
Business
Maple Grove man admits misusing $1.7M in pandemic loans and paying for $64K pool
Prosecutors say he submitted 16 loan applications in all seeking nearly $10 million.
Business
Anoka's Vista Outdoor sees Q1 profit double, acquires e-bike maker
The company, which owns several ammunition and outdoor sport brands, continues to ride the wave of increased interest during the pandemic in outdoor activities.
Business
Target giving another $200 bonus to front-line workers
The bonus is the sixth Target has given since the start of the pandemic.
Business
Sun Country nearly back at prepandemic operation levels
The Twin Cities-based airline's third-quarter revenue could exceed 2019 levels, executives said.
Business
Xcel profits rise over 7%, beating estimates
The electric and gas company beat stock analysts' predictions as sales rose along with rate-based income
Business
University of Minnesota spinout Niron Magnetics raises $21.3M to build new facility
Niron Magnetics produces permanent magnets for use in industrial motors, audio speakers, magnetic sensors, consumer appliances and wind turbines.
Business
Federal workers: Vaccine or else
President plans to compel employees to get shots as COVID-19 cases surge.
Business
Scorching drought exacerbates Line 3 water concerns in northern Minnesota
MPCA is investigating nine drilling mud releases along the pipeline construction route.
Business
Target holds nearly steady on workforce diversity but saw few gains
The retailer wants to increase the percentage of Black workers by 20% by 2023. It has a far way to go. Its diversity report released this week showed about the same racial diversity as 2019.
Business
Minnesota lawmakers debate which workers get a piece of $250 million in aid
A working group has until Sept. 6 to send recommendations to the Legislature.
Business
Delta again loosens restrictions on basic economy tickets
Long customer service waits prompted the move.
Business
Minneapolis plant-based food startup Wicked Kitchen scores Kroger deal
The company — whose headquarters is located in Finnovation Lab, the office space atop the Finnegans House building downtown — also received $14 million in venture capital.
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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.
