Business
Norwegian-American center in Mpls. breaks ground on multimillion-dollar addition
The project at Norway House will include a 270-seat event center and business accelerator for Nordic companies seeking to expand.
Business
Former Campbell Mithun Tower in downtown Mpls. gets $20M in upgrades
Owners of the newly named Two22 Tower made high-end upgrades, betting that office workers will eventually come back and downtown life will return to normal.
Business
North Dakota oil output drops as state falls in national crude production rankings
North Dakota oil production fell 5 % in July and has been lackluster compared to the new No. 2 oil state: New Mexico.
Business
Twin Cities area home prices see another double-digit increase in August
There was a double-digit annual decline in house listings.
St. Paul
St. Paul helping small restaurants recover from COVID, civil unrest
St. Paul's Restaurant Resiliency Program designed to help owners that lack the expertise to build an online business.
Business
DNR says Enbridge broke law, must pay over $3 million for construction mistake
The DNR says the company pierced an aquifer and endangered a unique wetland.
Business
CEO Pay Watch: New Regis CEO got $2.5 million signing bonus
The new CEO of hair salon company Regis realized $3.8 million in compensation his first year, $2.5 million from a signing bonus.
Business
Wages are going up in Minnesota, and employers are hiring more teens amid a tight labor market
Wages of restaurants and bars workers have been above $16 an hour for the last four months
Business
Cargill establishes new carbon measures and money to farmers using soil health practices
Climate scientists, food companies and many farmers see the potential of a better soil health system, but debate how — or even if — large-scale farming can actually transition.
Colleges
Scoggins: Minnesotans take lead in era of profiting college athletes
Suni Lee, Paige Bueckers, Gable Steveson: They were not long ago rising-star teenage athletes in Minnesota, and now they're cashing in — legally.
Business
St. Paul City Council says 'yes' again to Grand Av. project
With the council's 5-2 vote, and barring any new challenges, the $32.5 million development can move forward.
Local
Minnesota expands environmental reviews to include greenhouse gas inventories
Changes phased in; local governments can use existing worksheet until 2023.
Business
Minn. medtech firms Francis Medical and Flywheel attract new investors
Flywheel will use its $22 million in fresh capital to acquire St. Louis-based Radiologics.
Business
Wisconsin company Generac cashes in on need for backup power
The Wisconsin-based manufacturer that dominates the market for standby home generators is an unlikely Wall Street darling.
Business
Lumber is down from the stratosphere, but still pricey for Minnesota builders and homeowners
Lumber, the main component in home building, now costs half as much as it did this spring, but is still way above pre-pandemic levels.
Business
CEO PayWatch: Kummeth of Bio-Techne earns $40.5M as firm's diagnostic tools aided in pandemic fight
Charles Kummeth, president and CEO of Bio-Techne Corp. realized $40.5 million in total compensation for the fiscal year ended June 30.
Business
Feds penalize UnitedHealthcare plans for underspending premiums on medical care for seniors
The sanctions block the Minnetonka-based insurer from selling certain Medicare Advantage plans in six states, which represent a small percentage of United's overall enrollment.
Business
As Minnesota's economic recovery zig-zags, Walz taps a council to drive growth
Minnesota's governor asked some state officials, business executives and non-profit leaders to form a Council on Economic Expansion.
Business
DNR takes fight against novel Line 3 lawsuit to federal appeals court
A U.S. District Court earlier rejected the DNR's attempt to stop the suit — which names wild rice as a defendant —from proceeding in tribal court.
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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.