News releases from Minneapolis / St. Paul Business Journal
It's dry out. So how are Twin Cities golf courses doing?
June 16, 2021
Minnesota is going through one of the hottest months of June on record, with little rain in recent days and not much in the forecast. But Twin Cities golf courses aren't fretting the conditions, for...
Metro Transit ridership fell by 10 million passengers in the first quarter of 2021 compared to the previous year, another illustration of the heavy toll the Covid-19 pandemic has dealt to transit...
The trustee charged with helping victims of Tom Petters' Ponzi scheme recover their losses is nearing the end of his work, asking a court last week to approve final fees and wrap up the receivership...
University of Minnesota predicts enrollment rebound, with biggest freshman class in decades
June 15, 2021
A surge in new freshmen are expected to help the University of Minnesota recover from an enrollment decline in the 2020 pandemic year. But not all Minnesota colleges are expecting a similar rebound.
Indian, Middle Eastern grocery store chain Desi Brothers plans first Minnesota location in Maple Grove
June 11, 2021
The week in bankruptcies: Pavlick Holding Co.
June 10, 2021
This week in Minneapolis business bankruptcies include Pavlick Holding Co.. For the year, Minneapolis has recorded 18 business bankruptcy filings.
The repowering process involves replacing the existing turbines with more efficient equipment that can increase electricity production by over 10%.
Chefs and restaurateurs Daniel del Prado and Shawn McKenzie are opening Mediterranean-inspired restaurant Cardamom in the Walker Art Center.
CDC gives Minnesota over $29M to fight Covid disparities
June 10, 2021
Sales at Cub Foods are starting to slow following a record year fueled by the Covid-19 pandemic, according to the latest quarterly report from the grocer’s parent company, United Natural Foods Inc.
800-home development planned on farm site in Lakeville
June 09, 2021
The project would include over 75 acres of open space, including parks, buffers, woodlands and wetlands.
Pentair spinoff nVnet buys Tuscon manufacturer for $200M
June 09, 2021
The all-day breakfast restaurant is expected to open in the Shops at West End, next to Irish pub The Local, sometime this fall.
For vaccinated Best Buy workers, a shot at $5,000
June 09, 2021
The Richfield-based retailer is giving 20 vaccinated store employees and one headquarters worker a chance to win $5,000 in a sweepstakes.
As part of a seasonal expansion, Sun Country Airlines is resuming two nonstop routes from MSP to airports in southern Mississippi and New Orleans and adding new offerings from September to November.
The Cargill University Thrive program will finance scholarships, mentoring and career coaching for students who are studying science, technology, engineering, mathematics, business and agriculture over...
All remaining single-game tickets, which amount to fewer than 6,000 per game, will be on sale beginning in mid-July.
Lea B. Olsen, ex-Minnesota Gopher basketball player and Twin Cities sports journalist who's covered the Minnesota Lynx and Minnesota Timberwolves, has joined the board of directors of Fargo, N.D.-based...
West Hollywood, California-based Landmark Theatres also operates the nearby Lagoon Cinema as well as Edina Cinema, which announced last week it was closing permanently.
General Mills Inc. is sharing more details about its company-wide restructuring, and they include what amounts to the company's first major round of layoffs in years.
The round was led by PowerPlant Partners, with participation from Rae's existing investors M13, Able Partners and Victress Capital.
General Mills Inc. is cutting jobs at its corporate headquarters as part of a company-wide restructuring, and signaled that more layoffs could be ahead.
The company is now raising its full-year guidance and expects total net sales growth between 12% to 15%, with adjusted earnings per share ranging from $3.45 to $3.55.
Target Corp. on Wednesday announced its timetable for its 2021 Deal Days, the Minneapolis retailer's counter-sale to rival Amazon's Prime Day. Target's apparent game plan this year: Start a day...
This week in Minneapolis business bankruptcies include Dyno Tech Industries Inc. and J.S. Cates Construction Inc.. For the year, Minneapolis has recorded 17 business bankruptcy filings.
The Edina Cinema, a decades-old fixture of Edina's 50th and France district, closed its doors early in the Covid-19 pandemic. The pandemic may be easing, but the theater's owner says there are no plans...