Lee Schafer | Star Tribune
Columnist | Business

Lee Schafer came to the Star Tribune after 15 years as a corporate officer, consultant and investment banker in the Twin Cities. He has been a columnist for Twin Cities Business magazine and was senior editor for Corporate Report Minnesota.


Schafer: Minneapolis firm's Robot Fear Index shows little fear

So why publish an indicator of how much many of us fear the future with the technology of artificial intelligence, augmented reality, robotics and virtual reality?


Schafer: Why Surdyk's Sunday liquor sales stunt is assault on rule of law

Jim Surdyk's decision to open his liquor store in Minneapolis on a Sunday months before it was legal to do so was a far ­bigger act than just selling some wine and beer.


Schafer: Fun Is Good team serves up lessons with dose of humor

Emily Stuckenbruck, a 34-year-old college dean, will be in St. Paul next week to tell an audience how younger and older people can more easily…


Lee Schafer: Even 'experts' don't get GDP

No one should conclude that big trade surpluses or a shrinking trade deficit actually are what cause economic slowdowns. They aren't.


Ex-Target exec jumps into a tough situation at Uber

As Target's chief marketing officer, Jeff Jones stepped out with candid comments and advice during the company's rough patch in 2014. Now, as the new president of Uber Technologies, he's dealing with an even bigger corporate crisis.


Lee Schafer: Target's price-cut jargon is not fooling investors

The leaders of Target ought to at least consider ditching the use of the term price investment. Their institutional shareholders know exactly what this retail…


Schafer: R&D isn't dead, it's broken

No one should have been surprised when the Office of the Legislative Auditor found the Minnesota research-and-development tax credit to be a net drain on…


Manufacturing job losses, yes, but gains for trained Minnesota workers

Here's one of the ironies in looking ahead at how the nature of work is going to change — manufacturing may actually be a bright spot.


Schafer: Creating jobs takes a lot of hard work

Not that long ago a chamber president like Matt Kramer of the St. Paul Area Chamber of Commerce would join with just about everybody else…


Schafer: Lunds & Byerlys learning about the cost of equity amid sibling legal battle

The owners' capital in a family business only looks like it doesn't cost anything. That can be a tough case to make with owners.