business
With $287.6B in revenue, UnitedHealth again tops list of Minnesota public companies
The top five companies on the Star Tribune 50 each had double-digit revenue gains in 2021. The group as a whole has grown as well. The addition of new companies over the past few years have helped raised the floor from $88.3 million in 2018 to $233.4 million this year.
The summer Minnesota's wells dried up
The extreme drought of 2021 brought a record drawdown in private wells — often exacerbated by agricultural irrigators — pitting neighbors against one another in rural pockets of the state's western edge.
Ecolab's Doug Baker has already started his next chapter
Doug Baker retired from Ecolab but has several ventures underway to keep his fingers in the local economy.
General Mills focuses on 'moments that matter' for in-person work
Teams at the Golden Valley headquarters pick the schedules that work best for meeting up in the office.
Inflation, supply chain troubles catch up to Minnesota public companies
Companies ended 2021 on a strong note and were able to raise prices, but in the first quarter, firms from Polaris to Target took a hit on profits or operating margins.
St. Anthony: Most Minnesota company stocks lost value so far this year — what's next?
The S&P 500 index of America's largest companies was down 16% through May 13. The Piper Sandler Minnesota index of the 50 largest public companies in the state was down significantly as well.
Riot-damaged businesses on St. Paul's University Avenue recovering — finally
The corridor, heavily damaged in the unrest that followed George Floyd's murder, is now starting to see renovated buildings and funds to help with more.
For second straight year, Minnesota added more public companies than it lost
Minnesota added eight new public companies by IPO but lost some more along the way.
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Neal St. Anthony
St. Anthony: Most Minnesota company stocks lost value so far this year — what's next?
The S&P 500 index of America's largest companies was down 16% through May 13. The Piper Sandler Minnesota index of the 50 largest public companies in the state was down significantly as well.
Neal St. Anthony
Money-losing Minneapolis Club gains traction with two-year turnaround effort
The 125-year-old downtown club, facing membership decline and losses for several years, has invested in a comeback plan.
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What you need to know about COVID omicron variant, Minnesota testing, vaccines and more
Advice is evolving along with the coronavirus. Here's the latest from staff and news service reports.
St. Paul-based investment firm Mairs & Power wants to preserve its history
A former Pioneer Press business columnist has written a history of St. Paul investment firm Mairs & Power as it celebrates its 90th anniversary.
More Minnesota public companies increasing transparency around diversity reports
Big companies, some prodded by shareholder proposals, are making workforce stats part of their community or sustainability reports.
Four Minnesota public companies made $3B-plus M&A deals in 2021
APi, Ecolab, General Mills and Hormel all announced defining M&A deals in 2021, while the largest deal announced is on hold.
Tension brews over vacation rentals in Duluth
Duluth's City Council hears its first appeal of a vacation rental permit Monday.
Minnesota's Tesla bull reins in some of his optimism on its stock
Piper Sandler analyst Alexander Potter lowered his near-term outlook and price target on Tesla shares.
Labor costs cut into first quarter operating income at Rochester-based Mayo Clinic
Expenses grew faster than revenue due in part to contract labor and temporary premium pay for workers
Study: Minorities remain much more likely to be denied mortgage in Twin Cities
The Federal Reserve of Minneapolis found that income differences account for just a portion of the gap in mortgage approvals by race.
3M loses final bellwether earplug trial with $77M verdict in favor of veteran
With no sign of a settlement to resolve the remaining claims against the company, cases are preparing to go to trial in waves of 500 at a time.
Judge throws out suits by MyPillow's Lindell against voting machine companies
A federal judge said Mike Lindell's defamation lawsuits against Dominion Voting Systems Inc. and Smartmatic Corp. were "frivolous."