Business news on Minneapolis, St. Paul, the Twin Cities metro area and Minnesota |

Medtronic eliminating some Twin Cities jobs in favor of contractor

Medtronic is eliminating lower-skilled jobs in Columbia Heights and shifting the work to an outside contractor whose team will be based in the Philippines.

Outside contractor hired to replace Columbia Heights jobs.

Vendors pitch MNsure on website upgrades

Five vendors have filed plans for improving the MNsure website.

Amid uncertainty, the state health insurance exchange wants to improve the online experience for shoppers.

H.B. Fuller cutting 40 local jobs as part of restructuring, 220 positions overall

H.B. Fuller Company CEO James Owens

The $17 million to $20 million restructuring is part of the company's 2020 strategic plan.

Dougherty to expand by acquiring municipal bond dealer Cronin & Co.

The local investment banking firm will grow larger in 2017

Influential Apple analyst Gene Munster starting Minneapolis venture capital firm

The analyst spent 21 years at Piper Jaffray.

Congress approves bill on Calif. drought, Flint water

Congress has approved a wide-ranging bill to authorize water projects across the country, including $170 million to address lead in Flint, Michigan's drinking water and $558 million to provide relief to drought-stricken California.

More soil, groundwater pollution in Mpls. suspected

Commercial properties in Como neighborhood, where chemicals were dumped until 1962, will be tested for toxic vapors.

Schafer: Health care players still consolidating
Lee Schafer

The election result of November means that there is a jump ball again in national health care policy, but the big health care players haven’t…

Select Comfort shares fell Tuesday on an analyst downgrade.
Inside Track

Citing increased advertising and price promotions Wedbush analyst cuts rating on Select Comfort

Private plan for Twin Cities-Rochester high-speed rail draws pushback

To some, a high-speed rail line financed by Chinese and other private investors is an exquisite dream. To others, it's folly.

Novel transport for commuting's 'last mile'

Interest is growing in developing options for commuters to finish the last leg of their trips.

Courtroom battle begins over Mpls. sick leave ordinance

A Hennepin County judge did not rule on the Minnesota Chamber of Commerce's request for an injunction to halt the ordinance but did question the scope of the Minneapolis rules.

Amazon adds jobs in Shakopee, but how will workers get there?

Earlier this week, Amazon announced that it's hiring 1,000 more full-time workers at its Shakopee fulfillment center. But city and county officials are still assessing reliable transportation options for the 1,500 people who already work there.

Met Council to distribute grants for affordable apartment developments

Developers are in line for $7.7 million in construction assistance.

Uptown apartment complex to get Aldi

Uptown neighborhood apartment complex to get Aldi, not Trader Joe’s A much-coveted site in south Minneapolis will get 77 apartments atop a 20,000-square-foot Aldi store…

HCMC sees cutting 275 from workforce next year

Despite increasing patient visits, the urban safety net hospital is reporting declining revenue.

Minnesota AG sues Volkswagen over tampered vehicles

The suit follows a $11.5 million fraud settlement that the state reached with the automaker.

Oxman Luggage sold to make way for Holiday

Oxman’s Twin City Luggage in northeast Minneapolis was sold earlier this month for $925,000 to make way for an expanded Holiday gas station and White…

Mortgage rates hit highest point since October 2014 as part of six-week climb

The climb continues a six-week trend following the election.