Medtronic/medtech reporter | Medtech


Medtronic recommends shareholders reject below-market mini-tender offer

The offer comes from a Canadian firm with a history of trying to buy discounted bulk shares in several large companies.


New auction date set for Hilton Hotel in downtown Minneapolis as business picks up

The largest hotel in the state turned a profit in 2022 on $44 million in revenue, up significantly from the year before.


Abbott Labs reports lower revenue as baby formula sales struggle to rebound

The Justice Department has opened a criminal investigation into the company's baby formula plant, but Abbott sees signs of improvement in the year ahead.


Honeywell threatens to lock out Teamsters if contract deal not reached next week

The union representing workers in the Twin Cities voted down the previous agreement offering 14% pay raises over five years.


MNsure reports nearly 130,000 enrollees for health care insurance in 2023

The CEO of the state's program, Nate Clark, also announced plans to retire in March.


UnitedHealth's Optum gets FDA warning letter over 'serious deficiencies' at infusion facility

The agency cited a presence of vermin at drug compounding site in Arizona.


Facing delisting, Roseville-based Calyxt to merge with California agtech firm

The company, which started from research at the University of Minnesota that edited out genes in soybeans that caused trans fats in oil, will be folded into the San Diego-based firm.


2023 Minnesota State Fair ticket prices go up $1

The Great Minnesota Get-Together saw strong gains in attendance last year.


Auction of Hilton Hotel in downtown Minneapolis delayed

No date has been set for a rescheduled auction for the state's largest hotel.


Hormel exec Jeff Frank tapped as new Organic Valley CEO

The Wisconsin-based cooperative is owned by more than 1,700 family farms.