Business
September 24, 2021
Cardiovascular Systems latest medical company to warn of delta variant on results

Cardiovascular Systems latest medical company to warn of delta variant on results

The medical device company expects revenue to drop more than 10% from previous guidance.
Business
September 24, 2021
Rendering of the new Talamore Senior Living complex Ryan Cos. is building in Woodbury, to open in 2023.

Ryan Cos. breaks ground on $60M senior living center in Woodbury

The project is the 55th senior living complex Minneapolis-based Ryan has built.
Business
September 24, 2021
Changes are coming for financial aid qualifications.

Changes could confuse financial aid application process

Few of the changes will show up on this year's form, adding to possible questions.
Business
September 23, 2021
In this file photo, a Glenwood, Minn., farmer uses a tractor to bail hay on a field used for rotational grazing.

Minnesota farmers lack access to federal conservation dollars

Two Minnesota nonprofit organizations say farmers are trying to set aside more land for conservation, but federal help isn't coming as planned.
Business
September 23, 2021
Life Time is opening its third co-working + fitness space, this one in the former YMCA in the LaSalle Building in downtown Minneapolis.

Life Time opens co-working site in former YMCA space in downtown Mpls.

Despite market uncertainty, co-working arm of Life Time fitness firm opens third Minnesota site and announces other expansions.
Business
September 23, 2021
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Duluth home prices keep climbing

The median sale price has risen $30,000 in the past year.
Business
September 23, 2021
Minnesota’s attorney general is suing the state’s largest egg producer, alleging price gouging in the early days of the pandemic. The company, Spa

State sues big Minnesota egg producer, accusing it of price-gouging in pandemic

Minnesota joins other states in suing egg producers, but Sparboe and other farmers wonder if prosecutors understand economics.
Business
September 22, 2021
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Minnesota child-care providers to receive $300 million in grants

The program will help improve child-care worker salaries.
Business
September 22, 2021

Are Dutch-style live auctions the next thing for ShopHQ?

Parent company iMedia Brands announces plans to buy Germany-based interactive media retail company for $95M.
Business
September 22, 2021
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New state grants will support Minnesota college students pursuing high-demand careers

The program is funded by federal stimulus dollars.
Business
September 22, 2021
Medtronic's Fridley headquarters.

Medtronic recalls devices used for treating brain aneurysms

Regulators say there have been 59 reported device malfunctions, 10 serious injuries and two deaths related to the medical product recall.
Business
September 22, 2021
In the pouring rain, Chuck Broste, an archaeologist from the Minnesota Historical Society, spoke Monday to officials from the Public Utilities Commiss

Planned Minn. wind farm to be moved farther from Jeffers Petroglyphs site

Dakota bands and the Minnesota Historical Society have reached a settlement with an energy developer on the proximity of a wind farm to the Jeffers Petroglyphs.
Business
September 22, 2021
Andrew Cecere, chief executive of U.S. Bancorp since 2016, agreed to undertake the company’s biggest deal since 2001.

At U.S. Bank under Cecere, doing a giant deal takes 'discipline'

The Minneapolis banking giant waited years to join the industry's latest dealmaking wave as CEO Andrew Cecere applied a tough standard for making a big move.
Business
September 22, 2021
The largest business transaction involving a Minnesota company by far is Medtronic’s 2014 purchase of Coviden PLC at nearly $43 billion.

List of largest deals involving Minnesota companies

In the biggest deals, Minnesota-based companies have more often done the buying, rather than getting bought.
Business
September 22, 2021
Angela Dawson, co-founder and CEO of 40 Acre Cooperative, and Wenceslaus “Wen” Muenyi of HercLeon America, were finalists in the fourth Meda Milli

Minnesota businesses among winners in latest Meda Million Dollar Challenge

The top prize of $350,000 went to a Virginia-based maker of desserts and sweets.
Local
September 22, 2021
8th Street Market employee Jason Barto bagged a bottle of ketchup for Ben Fedor, of Northeast, during checkout Wednesday afternoon.

Minneapolis shopping bag fee to resume Oct. 1

Customers will pay 5 cents for each bag provided by a store.
Business
September 22, 2021
General Mills saw growth in sales over the summer.

General Mills continues its pandemic-era growth despite inflation, supply chain pressures

The Minnesota maker of Cheerios is still riding the pandemic's tailwinds despite Wall Street's concern over inflation and higher supply chain costs.
Business
September 21, 2021

St. Paul business owner sues city, says he's scapegoat for rise in crime

Market owner is challenging a decision that would prevent tobacco sales.
Business
September 21, 2021
U.S. Bank will become the fifth-largest bank in California with its purchase of MUFG Union Bank. Shown is the U.S. Bank Tower in downtown Los Angeles.

U.S. Bank buying West Coast's MUFG Union Bank for $8B

The deal gives a strong lift to U.S. Bank's presence in California, where it will rise to fifth in market share from 10th.
September 21, 2021
Dave Marquart surveyed a corn field he hopes to harvest in the coming days that has been affected by the drought on his family farm in Waverly. ] LEIL

After dry summer, Minnesota's harvest is underway and yields already differ

The dividing line appears to be right through the middle of the state, with the northern half enduring lower yields because of the lack of rain in the heart of summer.

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.