business
Minnesota's public companies grow 7%, half as fast as the previous year
Yet while revenue grew, overall net profit and market capitalization fell.
With $324.2 billion in revenue, UnitedHealth again tops list of Minnesota public companies
The top 50 companies as a whole posted revenue of $750.7 billion, up 7% from the year before. However, growth was slower than in 2021.
Ramstad: ESG business practices are the latest victim of hyper-politicization
A faction of Republicans pushes ESG onto the culture war frontier, putting businesses in the crosshairs and threatening worthy improvements.
North Minneapolis businesses concerned about Blue Line LRT
Some worry the line will displace residents and businesses, like Rondo in the 1960s. Others are more optimistic.
Twitter executive responsible for content safety resigns after Elon Musk criticism
A top Twitter executive responsible for safety and content moderation has left the company, her departure coming soon after owner Elon Musk publicly complained about the platform's handling of posts about transgender topics.
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation's debt ceiling, averting an unprecedented default on the federal government's debt.
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Russian President Vladimir Putin's spokesman said Saturday that journalists from countries that Russia regards as unfriendly have been banned from covering this year's economic forum in St. Petersburg, one of the country's showpiece events.
Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends
A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt.
BLOGS + COLUMNISTS
Evan Ramstad
Ramstad: ESG business practices are the latest victim of hyper-politicization
A faction of Republicans pushes ESG onto the culture war frontier, putting businesses in the crosshairs and threatening worthy improvements.
Evan Ramstad
Ramstad: Economy's well-being hinges on consumers, something this Minnesota family business knows well
Consumers will start or stave off a recession and few companies know their behavior like Arrowhead Promotions in Grand Rapids, which handles contest prizes and coupon redemption for national brands.
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Iowa company bids $13 million for Windom slaughterhouse, will not retain the workers
The new buyer will not retain the workforce, which totaled 1,007 employees at the time of bankruptcy. A South Dakota pork group will buy the plant's hogs for $1.3 million.
Minnesota job market remains resilient despite layoffs
Layoffs spiked in May, and hiring in the auto, tech and retail sectors was the worst since 2016.
Stratasys receives another $1B takeover bid as 3-D printer market consolidates
The company, jointly based in Eden Prairie and Israel, received an offer from 3D Systems after having already rejected multiple offers from Nano Dimension and making its own bid for another company.
3M firefighting foam lawsuit set for trial Monday as three other companies make $1.2B settlement
The case involves contamination by a class of "forever chemicals" called PFAS. 3M was the biggest maker of them.
Minnesota companies' progress on environmental goals obscured by lack of reporting standards
Most public companies report sustainability progress, but not in a uniform way.
Judge rules for Twins in Bally Sports TV dispute. What happens next?
Bally Sports North must pay the Twins the $54.8 million the sides agreed to a dozen years ago, a judge ruled. But whether the Twins get the money and whether the network keeps showing Twins games remains in doubt.
Are Minnesota's THC beverages as potent as they claim?
Consumers should check test results provided by QR codes on packaging to ensure they're getting what they paid for.
Allina Health System cuts off patients with medical debt
Although Allina's hospitals will treat anyone in emergency rooms, other services can be cut off for indebted patients.
Xcel will reassess investments in Minnesota after regulators' rate hike decision
Regulators approved a 9%, three-year rate increase, much less than Xcel had requested. The state's largest utility says it will ask for a reconsideration of the decision.
Attorney general urges Minnesotans hurt by hospital debt collection to contact his office
Keith Ellison responded to a New York Times story regarding Allina Health and its policy of cancelling appointments for patients with significant unpaid debts.