St. Cloud
May 2
HLRBO founders Cookie Lithyouvong, Heath Schubert and Matt Simon.

Barely any venture capital makes it to greater Minnesota. Meet the folks trying to change that.

Over the last decade, less than 4% of venture capital invested in the state went outside the Twin Cities.
Business
May 2
Windell Garmondeh, employee at Aurora, talked with Gerry Gilbert, a resident at Aurora on France senior living on Wednesday in Edina.

What a Trump immigration crackdown would mean for Minnesota's economy

The state's labor shortage is among the country's more severe, with just 51 workers for every 100 open jobs.
Business
May 1
Corn fields in Fergus Falls, Minn., on Nov. 2, 2023. In a move aimed at lowering the greenhouse gas emissions of air travel, the Biden administration

Biden opens door for tax credits so corn farmers can grow jet fuel

Corn growers can qualify for the lucrative credits if they use cover crops and avoid tilling the soil.
Business
May 1
Andrew Witty, chief executive of UnitedHealth Group, testifies Wednesday at a Senate Finance Committee hearing on cyber attacks on health care in Wash

Congress slams UnitedHealth's cybersecurity, calls company 'a monopoly on steroids'

Andrew Witty is on Capitol Hill today, answering questions about the health giant's data breach.
Business
May 1
FILE Ñ Cannabis plants in a greenhouse in Snowflake, Ariz., on March 23, 2021. The House passed legislation on Friday, April 1, 2022, to decriminaliz

Marijuana rescheduling will make pot businesses 'significantly more profitable'

Tax write-offs could save businesses millions and lead to lower prices for consumers.
Business
May 1
Minority team owners Marc Lore and Alex Rodriguez attend a Timberwolves game in March at Target Center in Minneapolis.

Taylor, Lore, Rodriguez head to mediation over Timberwolves, Lynx ownership

If parties can't come to a resolution over the cancelled sale, arbitration is the next step.
Business
May 1
The Diana E. Murphy United States Courthouse building in downtown Minneapolis.

Minnesota bankruptcy law firm files for bankruptcy after losing fight with another bankruptcy firm

The St. Cloud firm, one of the oldest bankruptcy law firms in the state, lost a fight involving Google Ads.
Business
May 1
Food companies keep pushing protein. How much do we actually need?

Food companies keep pushing protein. How much do we actually need?

Protein is in high demand, and it is showing up in more packaged foods as a result.
Gophers
April 30
Gophers basketball player Dawson Garcia talks with booster Steve Erban of Stillwater at a Dinkytown Athletes event in March at Williams Arena.

Tough question for Gophers donors: Give to the U or to the athletes?

There's a delicate dance of donating to college athletics in 2024. One of the steps is how all parties figure out who gets what and how. That's part of the new world in the NIL era.
Business
April 30
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A 'leaner' 3M emerges as CEO hands off company to new leader

After spinning off its health care division, 3M forecasts boosted profits this year but smaller dividend.
Business
April 30
The Ovation apartments in Hopkins, which should finish building this fall.

While homebuilding is up in the Twin Cities, apartment construction is way behind

At a time when there's already a shortage of housing in many parts of the metro, apartment developers have received only enough permits to build 115 apartments and other multifamily units, 55% fewer than last year.
Business
April 30
General Mills bought Edgard & Cooper to get access to European pet parents.

General Mills buys Belgian pet food brand Edgard & Cooper

The acquisition gives the company broad access to a $25 billion pet food market in Europe.
Business
April 30
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Ecolab sells surgical business for nearly $1 billion

Medline, an Illinois-based private company, bought the unit, which makes products such as operating room drapes.
Business
April 29
Brian Cornell has been CEO since 2014, his realized pay went down despite improved earnings because value of previously issued long-term equity awards

Target CEO was paid $18.1 million in 2023

The company's profits improved last year but Brian Cornell's realized pay dropped 47%.
Business
April 29
CHS HQ in Inver Grove Heights, Minn. CHS, Inc. is the company name. It results from a merger of Cenex and Harvest States. Story is slugged COOP0502. C

CHS and ag co-op Growmark decide not to merge

The two cooperatives began an "exploratory process" early this year.
Business
April 29
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Land O'Lakes delivers a profit for its dairy unit that, like the industry, has been strained

The Minnesota-based cooperative's animal nutrition business is "in transition," however.
Business
April 29
YQ by Yoplait is General Millsí newest yogurt product, targeting consumers looking for less sugar and more protein. (handout/General Mills)

General Mills could sell $2B-plus North American yogurt business, including Yoplait

Golden Valley-based Mills already has sold its stake in yogurt in Europe.
Business
April 29

Minneapolis-made app aims to be embedded in car touch screens

A Q&A with Jazz Hampton, the CEO of Minneapolis-based TurnSignl, an on-demand, real-time app that gives drivers access to live legal representation during traffic stops and accidents.
Business
April 29
After the recent National Association of Realtors settlement about commissions, many buyers, sellers and their agents are left wondering what this mea

What commission changes mean for Minnesota homebuyers, sellers and agents

The National Association of Realtors' settlement, reached in March, is most likely to affect those looking to purchase a home.
Business
April 28

Mackay: Asking the right type of questions can help get you ahead

The key is to ask open-ended questions and listen closely before asking a follow-up.

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.