Business
July 5
The production facility at Minnetronix in St. Paul on Wednesday, August 5, 2015. ] LEILA NAVIDI leila.navidi@startribune.com / BACKGROUND INFORMATION:

Feds decline Minnesota's proposal for funding a med-tech hub, at least for now

Future government funding remains possible, but group moving forward with private funding.
Business
July 5
Michael Gorman shows how his new reading technology  works from a laptop in Minneapolis on June 19. Michael Gorman and Mark Lacek, who are both Cascad

Twin Cities startup Cascade Reading thinks its tech can improve literacy

The Twin Cities-based company's product breaks blocks of uploaded text into cascading lines reminiscent of poetry.
Business
July 5

New Africa-based leader for General Mills-backed nonprofit Partners in Food Solutions

As the new CEO, Mandla Nkomo sees major opportunities to help revolutionize Africa's food industry to address the continent's ongoing urbanization.
Agriculture
July 5
Cotton bulbs grow in a field in Abbas-Pur village in the Lodhran district of Punjab province, Pakistan, on Saturday, Oct 6, 2012. Pakistan, the fourth

Minnesota-based Cargill, Target partner on cotton-tracing tech

FibreTrace is working with the ag giant and retailer to help answer consumer demand for traceability in fashion and make sure cotton items aren't the product of child or forced labor around the world.
Business
July 3
Plastic bags hang on a self checkout kiosk at a Target store in Chicago on Saturday, Nov. 16, 2019.

Target joins Aldi, Whole Foods as stores no longer taking checks

The Minneapolis retailer will stop accepting personal checks as a payment method later this month. Checks makes up "extremely low volumes" of Target's payments, per the retailer.
Business
July 3
Alexis Gerrish and her son, Benny, 7, from Bloomington, sift through display boxes of candy at Grandpa Joe's Candy Shop in Stillwater on Thursday, Jun

East Coast candy chain expands to Minnesota, taking over Blue Sun Soda Shops

Grandpa Joe's Candy Shop, founded and based in Pennsylvania, has already opened locations in Spring Lake Park and Stillwater, with another in Bloomington on the way.
Business
July 3
Former President Donald Trump speaking during the first 2024 presidential election debate with President Joe Biden last Thursday.

Ramstad: What Trump's re-election would mean for Minnesota's economy

He doesn't see that Minnesota and the Midwest are slumping.
Business
July 3

ANI Pharmaceuticals secures FDA approval, launches delayed-release naproxen

The firm, based in Baudette, said the generic drug can treat pain, inflammation and arthritis.
Local
July 3
Celese Montemayor spends time with her husband Juan Friday, June 28, 2024 at the Regions Hospital Burn Center in St. Paul, Minn. Montemayor received 2

Sleepy Eye chemical plant accident leaves worker with burns over most of body

Minnesota regulators say company's response is satisfactory and no further action is required.
Local
July 3
Mason Nadolney got his second COVID-19 vaccine shot during a mobile vaccine event at Chanhassen High School in July.

What to know about the latest COVID variants, Minnesota testing, vaccines

Expert advice on masking, testing, vaccines and boosters is evolving along with coronavirus variants. Here's the latest from Minnesota and the CDC.
Business
July 3
Lucia Possehl, left, with Sharing Our Roots, and co-op farmer Moffatt Odwere, right, analyze the damage to his crops due to recent and ongoing floodin

Produce farmers lack crop insurance. This flood has exposed the inequity.

Rains washed out farmland, including many fruit and vegetable crops, in south central Minnesota last month. U.S. agriculture policy historically hasn't protected those growers the same as row-crop farmers who feed animals and power biofuels.
Business
July 3
David Royal, Chief Investment Officer and Chief Financial Officer with Thrivent Financial, stands for a portrait Monday, Dec. 11, 2023 at the Star Tri

Thrivent makes move to attract younger clients by creating online bank

The Minneapolis-based financial services firm recently received FDIC approval for the bank, which will merge with the existing Thrivent credit union.
Business
July 3
Justin Long, co-owner of Long's Auto Place in White Bear Lake, said customers were waiting to buy because of price. Now it's interest rates that are s

Deals are back for Minnesota car shoppers, but business is still sluggish

Interest rates, sticky inflation and the election have people thinking twice about buying vehicles now.
Local
July 2
Kerasotes Showplace ICON Theatre at West End located at W 16th St and Park Pl Blvd, St. Louis Park, MN, on April 12, 2013. ] JOELKOYAMA‚Ä&

St. Louis Park's Showplace ICON movie theater closes, but will reopen next week with new owner

The new Marcus West End Cinema will open July 8.
Business
July 2
Blue Cross and Blue Shield of Minnesota is a nonprofit health insurer with its headquarters in Eagan, pictured here in April 2022.

Minnesota health insurers seek premium hikes for individuals up to 12.75%

The proposed increases are the steepest since 2021 in the individual market. Big jumps could also be on the horizon for small-business coverage.
Business
July 2
Elam Baer, who founded new rideshare company MyWeels with partners, said while its formation is going slower than he wanted, he's in it for the long h

Uber, Lyft competitors confident about future in Twin Cities

Several companies are either signing up drivers or already operating as options grow for customers.
Business
July 2
A completed Lunds & Byerlys, an apartment complex and Marvella, a senior housing unit under construction, left to right, at the Highland Bridge site i

Apartment construction in the Twin Cities ground to a halt during June

Home building increased at a double-digit pace despite higher mortgage rates.
Local
July 2
Bemidji Veterans Home staffer Tonya Moss takes a photo of resident and Navy veteran Richard Morine with his wife Barbara at a dedication ceremony for

'Sacred responsibility': After 20 years, Bemidji Veterans Home opens with a long wait list

Some 300 veterans are on the wait-list for the 72-bed care facility.
Business
July 2
C.H. Robinson no longer has a chief operating officer. Its former COO, Arun Rajan, is now chief strategy and innovation officer.

C.H. Robinson makes unusual C-suite move to jump-start strategic planning, tech innovation

Arun Rajan, formerly chief operating officer, talks about why his title changed to chief strategy and innovation officer, and his focus now.
Business
July 1
Xcel Energy logo

Xcel agrees to smaller Minnesota gas rate hike in deal for 7.5% increase

A settlement with state officials and others would result in an extra $4.20 per month on the bills of residential customers if utility regulators approve. The money would partly pay for maintenance and upgrades to Xcel's gas distribution and transmission infrastructure.

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.