Business
October 10

Take a lesson from how sports teams evaluate superstar athletes

You can't base executive-level decisions on a person's singular success story; You must know how effective they have been over time.
Business
October 9
Tears streamed down Stanley Turner’s face as he learned from court records how much of his payments he has sold. He is one of hundreds of Minnesotan

Minnesota lawmakers vow to fix 'predatory' accident settlement practices

Accident settlement deals would face new scrutiny under Minnesota reforms.
Business
October 9
For years, the leaders of the Otto Bremer Trust have argued they are in the investment business, not philanthropy. The conflict over its ownership of

Schafer: Otto Bremer trustees ripped out the brakes, hit the gas and crashed

Around the Twin Cities, executives and board members at for-profit and nonprofits alike for years marveled and muttered over the audacious makeover of one of Minnesota's largest charities.
Business
October 9

Hedge funds are the most bullish on 10-year Treasuries since 2017

Data shows how investment firms are repricing interest rate risk since last month's meeting of Federal Reserve policymakers.
Business
October 9

Farrell: When reinventing yourself turns out to have been a reinvention

People late in their careers or early in retirement often have a strong grasp of what they really want in life.
Business
October 9
Jason Sprayberry in one his RVs at one of his favorite local mountain biking spots, Baker Park Reserve in Maple Plain.

Twin Cities entrepreneurs turn their RVs into lucrative 'Airbnbs on wheels'

Travelers seeking the nomadic lifestyle without the hassle of RV ownership embrace a growing number of local and national websites.
Business
October 9
Social media amplifies the fear of missing out, a phenomenon that leads some people to spend money unwisely.

Singletary: How Facebook and Instagram can lead to bad spending habits

People spend more money than they plan to or go into debt because they see influencers living it up.
Business
October 9

Many people are now carrying higher balances on their credit cards

Millennials are most likely to say that the virus was the reason they've put more debt on credit cards.
Business
October 9
The deaths of thousands of chickens and turkeys before they reached Minnesota processors have drawn the attention of an animal welfare group.

Animal rights group accuses Minnesota's Jennie-O and Butterfield of mistreating birds

Animal Welfare Institute asks local county attorneys to prosecute firms where turkeys and chickens died in trucks.
Business
October 9
President Joe Biden with senators in June after the bipartisan group reached a deal on infrastructure spending. The measure is stuck in the House.

Levin: When that infrastructure bill passes, the tax consequences will follow

For some businesses, it's best to defer some tax payments until the dust settles.
Business
October 8

Survey: Remote work has vastly improved the Black worker experience

Working remotely has its downsides: Cramped apartments, endless Zoom calls, juggling child care duties. But for many Black workers in white-collar jobs, getting out of…
Business
October 8
Medtronic’s Fridley headquarters

Medtronic expands recall on 'remote controller' used with old insulin pumps

Medical device maker says 31,300 users of older insulin pumps should disable a remote control feature that's vulnerable to hacking.
Local
October 8
A view of the Upper Harbor Terminal site, looking south from the Mississippi Riverbank near the 42nd Avenue Bridge.

Minneapolis riverfront plan for housing, amphitheater approved

The plan would convert a blighted industrial stretch of Mississippi River waterfront north of downtown Minneapolis into a 20-acre park ringed by affordable housing, a health center and an outdoor amphitheater.
Business
October 8
The building that held Pier One on Grand Avenue in St. Paul will get a new use.

Bank, restaurant moving into Pier One building on St. Paul's Grand Avenue

A year after neighborhood meetings, construction is underway for a new use of the vacant store on a major retail artery.
Business
October 7
Shown are oil pump jacks in Williston, N.D. Northern Oil and Gas is buying assets that include wells in North Dakota.

Northern Oil inks $154M deal for North Dakota oil properties

It's the third acquisition — for a total of $382.2 million — the company has made in the past nine months.
Business
October 7

Financial Planning Day resumes in St. Paul this weekend, with virtual sessions also available

How to start an emergency fund and manage student loan debt are some of the key topics at the annual event hosted by Minnesota financial planners.
Business
October 7
Bradley Carr cleaned exercise equipment at Life Time Fitness in March 2020.

Life Time raises $702 million in latest IPO

The Chanhassen-based company had hoped to raise nearly $1 billion from stock offering, but becomes public once again after six years as a private company.
Business
October 7
Diesel fuel found its way to the Yellow Medicine River in April 2019.  Credit: U.S. District Court filing

'Target practice' leaves 2 Minnesota men with $1.1M bill for causing 3,900-gallon pipeline leak

The diesel fuel leaked into a creek; prosecution has acknowledged full restitution by the defendants is not possible.
Business
October 6
The MNsure call center in St. Paul.

MNsure premiums increase along with tax credits

Individual market rates will jump 7 to 11%, the state says, but more people are qualifying for bigger subsidies.
Business
October 6
Sara Dziuk, chief executive of Junior Achievement North, appeared Wednesday at the district court hearing in a St. Paul over whether trustees of Otto

Caught in Bremer crossfire: Local nonprofit exec describes pressure from trustee

Junior Achievement North recently decided to return a $1.2 million grant from Otto Bremer Trust after being asked to support trustees in their legal battle with the state and Bremer Financial.