January 26, 2022
Minnesotans are finding plenty of gaps and fine print in insurance providers’ coverage for at-home COVID-19 tests.

Want at-home COVID tests for free? Avoid these coverage pitfalls in Minnesota

Health plans have added plenty of fine print to the government mandate for coverage of rapid tests administered at home.
Local
January 26, 2022
The copper-nickel mine Twin Metals wants to build would sit about 15 miles southeast of Ely, Minn., near the South Kawishiwi River, shown flowing into

Biden administration cancels leases for controversial copper-nickel mine near Boundary Waters

The move likely kills the copper-nickel project, but Twin Metals said the decision was politically motivated and vowed to fight it.
Business
January 26, 2022
Rendering shows the interior of the new branch Bremer Bank will build in Minneapolis’ Phillips neighborhood.

Bremer Bank will open a branch on Lake Street in space damaged in 2020 riots

The branch is one of a couple new banking options in the works for the Phillips neighborhood.
January 26, 2022

Hottest housing markets in the Twin Cities were pretty far out from the cities

Business
January 26, 2022
Boxes of BinaxNow home COVID-19 tests made by Abbott are shown for sale on Nov. 15, 2021, at a CVS store in Lakewood, Wash.

Abbott Laboratories, maker of at-home COVID tests, reports strong growth

Sales of pandemic-related products accounted for 20% of its fourth-quarter revenue.
Business
January 25, 2022

Perry begins final lap at the Minnesota state agency that actually makes money

Mansco Perry, a veteran of the Twin Cities financial scene, has led the State Board of Investment since 2013 and seen its assets nearly double in that time to $130 billion.
Business
January 25, 2022
The Polaris XP Kinetic is targeted to the working demands of farmers, ranchers and other landowners. Initial production sold out within two hours of i

Fast-rising costs overtake Polaris in Q4, but 2021 sales set a record

The Medina-based maker of recreational vehicles and boats eclipsed $8 billion in annual revenue.
East Metro
January 25, 2022
Pfizer vaccine and syringes at the St. Paul Eastside YMCA. Governor Tim Walz and the YMCA of the North announced a series of free COVID-19 vaccine cli

Ramsey County says staff flouting vaccine rule may face suspensions

About a third of Ramsey County Sheriff's Office employees are in violation of the county's COVID-19 vaccination and testing policy.
Business
January 25, 2022
Huber Engineered Woods has submitted a more comprehensive environmental review for its proposed mill in Cohasset, though it is not as detailed as an e

Company says its $440M Iron Range wood plant will be a 'carbon sink'

Huber's oriented strand board mill has a new environmental review after fielding critiques of earlier version.
Business
January 25, 2022
3M headquarters in Maplewood, Minn.

3M raises prices to beat back inflation, squeaking out a quarterly win

The company's sales were flat at the end of the year but rose nearly 10% across 2021.
Business
January 24, 2022
With a drop in listings and an increase in price, Twin Cities residential real estate remained a sellers’ market in 2021.

Twin Cities home sales at a 20-year high, listings at a 20-year low

The residential real estate market was so tight in 2021 that the average sale price rose 11%.
Business
January 24, 2022
An Amazon Prime Now warehouse in Seattle in 2019.

Amazon's report on workplace injuries shows safety problem in warehouses

The online retailer's internal survey showed its warehouses were worse-than-average for safety, while delivery operations were better.
Business
January 24, 2022
Bob Dylan, performing in 2010 in London.

Sony Music buys Dylan's catalog of recordings

Variety put the value of the deal at $150 million to $200 million.
Business
January 24, 2022
Liz Giorgi, right, and Hayley Anderson, founders of Soona

On-demand product photo company Soona raises another $35M

The Minneapolis provider of photo and video services for e-commerce is quickly adding employees and expanding its systems.
Business
January 24, 2022
SEIU added workers at Allina Health through organizing efforts since Labor Day. Shown is picketing that took place outside Allina Commons at the Globa

Union memberships rise in 2021 in Minnesota, bucking national trend

The state's level of membership is the highest it's been in 14 years.
Business
January 24, 2022
Aspirity Energy until around 2016 made money on energy futures and electricity contracts, commodities traded on exchange floors like this one in New Y

Investors criticize former owner, bankruptcy trustee in Aspirity Energy fraud claims

Investors are furious trustee did not pursue litigation against former owner who they believe took millions from failed Minneapolis energy trading firm.
Business
January 23, 2022

How to improve internal and external communications

Business
January 23, 2022
Impact’s veteran owners Mark Anderson and Tim Johnson are investing about $4 million in technology and renovated space this winter.

Impact invests in print plant, solar power in North Minneapolis

After surviving more than 30 years as commercial printing consolidated, owners of Impact design a transition plan.
Business
January 23, 2022
Minnesota Power and Xcel Energy have proposed gas-fired power plants that will last 40 years, despite pledges from both utilities to produce all carbo

What will best keep Xcel's grid reliable in a pinch: Gas plants or batteries?

Xcel wants two new gas peaking plants, while clean power groups say the job can be done with grid batteries, as Minnesota's largest utility plans how to replace its coal plants in Becker.
Business
January 23, 2022
Online services that appear to have taken data off your computer may not have done so.

Alexander: Keep copies of data on your computer and in the cloud

Online storage services also help keep data on your PC.

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.