business
U.S. Bancorp names Gunjan Kedia new president
Kedia, whose previous title was vice chair of wealth, corporate, commercial and institutional banking, takes the role previously held by chief executive and chairman Andrew Cecere.
Midwest Mountaineering alum opens outdoor store to fill void
Lake State Mountaineering offers paddling and climbing supplies for Minnesota outdoors enthusiasts.
Minnesota Power agrees to smaller bill increase for customers in settlement
If utility regulators approve the deal with state officials, residential customers' electric rates would increase 4.9% instead of the originally posed 12%.
Best Buy CEO Corie Barry's compensation fell more than 20% to $10.3M last year
The company failed to meet financial goals, triggering lower payouts for executives.
Sundaes in Shanghai: Dairy Queen expands global empire
The Minnesota-based franchisor is seeing sales and profits steadily climb as its international ambition grows.
3M paying back nearly $1M in overpayments improperly deducted from employee paychecks
The company reached a settlement with the state Attorney General's Office to issue about 1,700 checks.
Eden Prairie refrigeration facility laying off 91 workers
St. Louis-based Copeland Cold Chain is moving manufacturing and distribution operations to other North American locations.
Life Time goes full wellness, with spa offering weight-loss management, including Ozempic
The Chanhassen-based company continues to expand, including pickleball facilities.
BLOGS + COLUMNISTS
Evan Ramstad
Ramstad: Minnesota demographer takes deeper look at migration, workforce pressure
Every business owner and executive should read it to understand the consumption, labor trends.
Evan Ramstad
Ramstad: Health care is a tough arena for AI to make a difference
AI models are meeting their match with the complexity of how people take care of themselves.
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Minneapolis residential property taxes could rise steeply in 2025
With federal COVID funds drying up and downtown commercial values falling, homeowners and renters will be asked to shoulder the burden, Mayor Jacob Frey cautions.
After failed mediation, Timberwolves, Lynx ownership dispute heads to arbitration
Arbitration process will take place in Minneapolis and must be completed within six months, according to contract.
Cargill recalls 16,000 pounds of ground beef over E. coli risk
None of the affected products were sold in Minnesota, and no illnesses were reported.
Minnesota hemp businesses feeling burned by Lucky Leaf cannabis expo organizers
Local entrepreneurs say they were misled by the Texas-based event company about whether they would be allowed to sell their THC and CBD products at the show last week in Minneapolis.
Barely any venture capital makes it to greater Minnesota. Meet the folks trying to change that.
Over the last decade, less than 4% of venture capital invested in the state went outside the Twin Cities.
What a Trump immigration crackdown would mean for Minnesota's economy
The state's labor shortage is among the country's more severe, with just 51 workers for every 100 open jobs.
Biden opens door for tax credits so corn farmers can grow jet fuel
Corn growers can qualify for the lucrative credits if they use cover crops and avoid tilling the soil.
Congress slams UnitedHealth's cybersecurity, calls company 'a monopoly on steroids'
Andrew Witty is on Capitol Hill today, answering questions about the health giant's data breach.
Marijuana rescheduling will make pot businesses 'significantly more profitable'
Tax write-offs could save businesses millions and lead to lower prices for consumers.
Taylor, Lore, Rodriguez head to mediation over Timberwolves, Lynx ownership
If parties can't come to a resolution over the cancelled sale, arbitration is the next step.