Patrick Kennedy | Star Tribune
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.


Entrepreneurs Dana House, Cynthia House were devoted to service

In 50 years of marriage, Dana and Cynthia (Walstrom) House built a family, started businesses and gave selflessly to others both locally and internationally. Former…


Minneapolis-based Sleep Number betting big on its 'innovative' NFL partnership

The cornerstone of the agreement was a plan to give the new 360 Smart Beds to all eligible players in the league in 2018.


Bell Bank's parent company sells Fargo-based sister company for $425 million

Wex Inc. to buy Fargo-based Discovery Benefits for $425 million.


Winona-based Fastenal's focus on placing sales sites in factories translates to earnings growth

Earnings grew 11 percent during the company's Q4.


Baker Tilly acquiring St. Paul-based Springsted Inc.

The deal aims to build one of the largest municipal finance advisory firms in the United States.


Volatile 2018 ends on down note for majority of Minnesota's big firms

Among 72 major public firms, only 32 saw positive returns last year.


President of Eden Prairie-based Evine shopping network resigns

Anne Martin-Vachon had been with the shopping network for four months.


One relationship piece between the stock market and interest rates explained

Low interest rates led to quantitative easing, which meant more capital was released to the markets.


Investors Roundtable: Volatile markets cause optimism to wane

The stock market continued its volatile ride in the last week of the year, with some of the widest swings ever seen. When the Star…


Casino industry veteran Lyle Berman bets on esports gaming

Lyle Berman is using a special-purpose acquisition company to get into the esports gaming industry.