Reporter | Business, Research

Business reporter Patrick Kennedy covers executive compensation and public companies. He has reported on the Minnesota business community for more than 20 years.

Kennedy also has written about nonprofit organizations and mergers and acquisition activity.


Eden Prairie's C.H. Robinson launches product aimed at increasingly complex logistics needs for smaller businesses

Freightquote by C.H. Robinson will assist smaller companies facing complexities.


Possible Faegre Baker Daniels merger would form one of nation's top 50 law firms

Resulting law firm would be in the nation's Top 50.


Hopkins internet of things company making $140M acquisition

Digi International is buying Opengear, a New Jersey company whose customers include Target and Best Buy.


Shareholder sues to stop Tile Shop delisting that is set for Friday

Shareholder says founder is tanking shares, asks court to halt "going dark."


BBQ Holdings, the company formerly known as Famous Dave's, is seeking a new CFO

The barbecue chain is searching for its fourth financial chief since 2014.


Freight slowdown erodes profit at C.H. Robinson; stock falls sharply

The logistics firm reported a slowdown in American trucking and tariff-affected drops in air and ocean freight.


Market uncertainty helped Ameriprise's advice and wealth-management unit

Minneapolis-based Ameriprise Financial has capitalized, seeing an 8% increase in profits for the quarter ended Sept. 30.


Plymouth's Tile Shop plans to delist shares from Nasdaq

The Plymouth company's shares fell by two-thirds after the announcement.


Minneapolis-based Sleep Number to refresh smart-bed lineup in 2020

Sleep Number's smart-bed lineup will get a refresh in the second half of 2020.CEO Shelly Ibach told analysts during the company's earnings call that while…


Six months after Irwin Jacobs' death, his fishing tournament firm is sold

Major League Fishing buys late Minnesota businessman's Fishing League Worldwide.