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

IPO market remains a shadow of its former self

Jerry Mattys is the CEO of Tactile Systems Technology, a Minneapolis company that created a device that helps people with lymphedema treat themselves at home. Tactile Systems completed an IPO in July.

Investment banks have not seen initial offering revenue this low since mid-1990s.

Lands' End CEO leaves company after less than 2 years

Federica Marchionni, who became CEO of Land's End in February last year, is leaving the Wisconsin-based apparel maker and retailer. Before Land's End, she led the U.S. unit of Dolce & Gabbana.

The CEO of Lands' End, recruited from the New York fashion house Dolce & Gabbana in a bit of a culture clash, has stepped down after less than two years on the job.

Vista Equity Partners buys GovDelivery for $153 million

Scott Burns and GovDelivery offer governments digital messaging. The company has been sold to Vista Equity Partners for $153 million in cash.

GovDelivery chief executive says the St. Paul based company will continue to work on its growth plan.

Lawsuit seeks rent refunds, receivership to manage Stephen Frenz's apartments

It's the second round of legal trouble for one of the landlords.

How to overcome the tendency to back away from challenges

Variety to host diversity conference, Pharrell to speak

Variety will host a conference of film executives and stars to discuss solutions to Hollywood's lagging record in diversity.

Ex-Verizon worker accused for selling customer phone records

Federal prosecutors in Alabama say a former Verizon Wireless technician used the company's computers to obtain customers' private call records — plus data showing where customers' phones were — and sold them to an unnamed private investigator.


IPO market remains a shadow of its former self
Neal St. Anthony

Investment banks have not seen initial offering revenue this low since mid-1990s.

Prime Digital Academy is moving to Grain Exchange building
Neal St. Anthony

Prime Digital Academy, the employer-driven software-training certificate program, will move from Bloomington to expanded quarters in the Minneapolis Grain Exchange in January.


Twin Cities businesses ask why professionals of color leave

Sixty percent of those who took part in recent focus groups said they plan to leave the state in the next three to five years.


Prime Digital Academy is moving to Grain Exchange building

Prime Digital Academy, the employer-driven software-training certificate program, will move from Bloomington to expanded quarters in the Minneapolis Grain Exchange in January.


Home-building trails job growth, skewing market, realtors say

The Twin Cities is the 16th-most undersupplied housing market in the nation, according to new report.


Why self-driving Uber cars look so geeky

The sensors that guide the cars stand out now, but they are expected to shrink.


Making sure a growth opportunity won't trip up the core business

Q: Some investments look attractive, but they also take the company's capital and focus away from its main line of business. How can entrepreneurs stay…


What Brexit means for U.K., E.U. intellectual property rights

If you're a Minnesota business with intellectual property (IP) interests in the United Kingdom or European Union, you can rest easy that the Brexit vote…


Survey: Millennials are not terribly entrepreneurial

In a survey, black women were the only people who thought starting own firm was best path to success.


Movers and Shakers: Paul Howe, business development vice president at the Connection

Paul Howe, vice president of business development, the ConnectionPaul Howe is leading efforts to expand call center services and launch online learning solutions as the…


Recent bankruptcy filings in Minneapolis and St. Paul

MINNEAPOLISGolden Leaf LTD, 907 W. Lake St., Minneapolis; filed Sept. 19, 16-42728; Chap. 7; assets, $1,300; liabilities, $1,063,804. Thomas N. Harlan, president.Ralph Neil Thomas, as…


Business calendar

BusinessFRIDAYCOMMUNICATION EVENT: How to create a communication plan, avoid common pitfalls and no-to-low cost tools for your message. Presented by the Minneapolis Regional Chamber…