Inside Track

Inside Track

A look at what’s behind today's Minnesota business headlines.


FDA still allowing secret reports on medical devices

Despite a pledge to make more information about medical devices available to the public, FDA continues to accept secretive reports about problems involving high-risk devices.


LegalCorps honors Marty Rosenbaum

Business lawyer Marty Rosenbaum honored for years of volunteer service to LegalCorps.


CPA Bonnie Russ recognized as trailblazing business owner

Bonnie Russ, a University of Minnesota-trained accountant, was a single parent with a young daughter when she borrowed against her house in 1989, to join with the other founders of public-accounting firm Mahoney, Ulbrich, Christiansen.


SBA lending in Minnesota up 11% in fiscal 2019

SBA loans are up over 10% this year.

Minnesota small businesses raised $682 million in operating and asset-based loans from SBA-affiliated private lenders in fiscal 2019, up 11 percent from, 2018, according to the U.S. Small Business Administration.


U.S. official visits Minneapolis to cite cyber threats

The nation's top counterintelligence officer said at a Minneapolis Cyber Security conference in Minneapolis last week that he's most concerned about external cyber threats against critical U.S. infrastructure.


UnitedHealth Group names new HR chief

Minnesota's largest company has hired Patricia Lewis, formerly of Lockheed Martin, as executive vice president and chief human resources officer.


Love Your Melon launches first national TV ad campaign

Love Your Melon launches first national TV ad campaign

Commercials for Love Your Melon started to air this week.


St. Paul lauded as a good city for startups

St. Paul, along with Madison, Wis. and Plano, Texas, are the best three "untapped cities" in the United States for startup businesses, according to a survey by Fundera, the small-business adviser.


Hormel names a new executive head for its largest business

Hormel names a new executive head for its largest business

Hormel has named Deanna Brady the head of its refrigerated foods segment, which is by far the company's largest business. The promotion makes her Hormel's highest-ranking woman to ever run a business unit.


Minnesota's CommonBond heads for record affordable-housing development year

The CEO of CommonBond Communities said it has closed this month on four transactions that will result in 267 affordable homes through new construction of 166 units of housing in the Twin Cities and renovation of 101 units.


Molly Jungbauer will head MN Chamber board for a year

Molly Jungbauer

Molly Jungbauer, chief executive and an owner of Hollstadt Consulting of Mendota Heights, will take over as chair of the Minnesota Chamber of Commerce board of directors for the 2019-20 term.


U.S. Steel idles production line at Iron Range Minntac plant

Shown is the Minntac taconite plant in Mountain Iron in 2014.

No layoffs are expected, although soft market conditions were behind the idling of the taconite plant in Mountain Iron.


Minnesota-based Manufacturers Recycling Management has recovered 1 billion pounds

Electronic Manufacturers Recycling Management (MRM) said it has overseen recycling of 1 billion pounds of electronics through a national network of indpendent refurbishers and recyclers.


Jack Link's partners with popular e-sports franchises in Texas

The sponsorship marks the jerky company's foray into the fast-growing world of professional video gaming.


Google will award $1 million to Minnesota nonprofits in November

Google will award $1 million to Minnesota nonprofits in November

Google announced during a workshop Wednesday at the Rondo Library in St. Paul that it will award $1 million through what it calls the "Google.org Impact Challenge Minnesota" that seeks proposals from Minnesota nonprofits "for bold ideas to grow economic opportunity in their local communities."


MDI, Medtronic, others form coalition to support hiring disabled workers with disabilities

MDI, Medtronic, others form coalition to support hiring disabled workers with disabilities

MDI, the light manufacturer that employs a workforce of nearly 50% people with disabilities, Medtronic and Special Olympics of Minnesota have launched the "Unified Work Coalition.


WomenVenture honors tile maker, child-care provider, art therapist

WomenVenture honors tile maker, child-care provider, art therapist

Mercedes Austin, founder of expanding Mercury Mosaics in Northeast Minneapolis, will be one of several female entrepreneurs honored Friday at WomenVenture's 24th annual "Women Mean Business Luncheon & Marketplace"


Deluxe launches season four of small business web series

Deluxe launched season four of its Small Business Revolution web series that helps small business and showcases Deluxe's range of services.


Reservation Indians pay more for mortgages

American Indians living on reservations who want to buy homes are significantly more likely to have high-priced mortgages of nearly 2 percentage points more than non-Native Americans off reservations.


Lawson Commons in St. Paul renamed for Infor

Lawson Commons in St. Paul renamed for Infor

Infor, which bought Lawson Software in 2011, also pledged to add 100 workers in the Twin Cities.