Reporter | Business, Research

Kennedy also has written about nonprofit organizations and mergers and acquisition activity.


Disruptions caused by COVID-19 surge mean Ecolab will miss 4Q earnings forecast

The St. Paul-based company had to deal with both vendor and logistics closures, which led to significant cost increases at the end of the year.


Best Care ready for more growth after winning new Minnesota state contract

Best Care, through a new business arm, became one of the first two companies run by people of color to deliver critical financial management services to people who want to self direct their care.


Recovering industrial sector helped lift Fastenal's results

Fastenal is among the first companies to report quarterly results each quarter, so it is considered a bellwether on manufacturing trends.


Bright Health now expects to exceed 1 million members in 2022

Bright Health Group expects to exceed the 1 million membership milestone this year.


Federal court orders previous trustee of Minneapolis ESOP to restore $9.3M

Officers of Kurt Manufacturing Co. also must pay a penalty.


Minnesota group working to get more women of color on public company boards

The Minnesota chapter of Women Corporate Directors has launched a second cohort of 21 women of color to train, mentor and promote as candidates for public company board seats.


Broadband installer Clearfield a leader among Minnesota's standout stocks in 2021

Three out of four of Minnesota's publicly listed companies saw their share values rise in a year when the overall market surged nearly 30%.


Federal Ammunition owner announces its seventh acquisition in 16 months

Vista Outdoor in Anoka bought a Montana company that makes specialty outdoors clothing and equipment called Stone Glacier.


Experts predict another wild ride for stock markets in 2022

Market trends during 2021 make for a challenging start to the next year for investment advisers and managers.


Athayde resigns as Regis CEO as hair salon firm's value plunges

Athayde spent about 15 months leading the Minneapolis-based franchisor.