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News releases from Minneapolis / St. Paul Business Journal
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Medtronic warns defibrillator batteries could fail early
Today 10:07 EDT
The warning applies to nearly 340,000 implanted products, though the company isn't recommending that the devices be removed unless a doctor spies a problem.
Tags
Insurance
Medtronic
Health Care
From
Business Journals
General Mills VC unit 301 Inc. invests in British dessert maker Pots & Co.
Today 10:01 EDT
301 Inc., the venture capital arm of General Mills Inc., said Tuesday it will invest as much as $20 million in Pots & Co., a British maker of desserts, as part of a move to expand the smaller company's...
Tags
Manufacturing
General Mills Inc/
Food & Beverage Manufacturing
From
Business Journals
Second night of unrest after Daunte Wright death brings arrests, looting
Today 8:09 EDT
Protesters clashed with police in Brooklyn Center, while businesses around the metro scrambled to protect stores from a repeat of last summer's violence.
Tags
Daunte Wright
Tim Gannon
Government & Regulations
From
Business Journals
Bloomington-based SkyWater Technology plans $12 to 14 public offering share price
April 12, 2021
The company hopes to raise roughly $70 million to about $81 million through an initial public offering, according to documents filed with the Securities and Exchange Commission.
Tags
Manufacturing
Skywater Technology Foundry Inc/
Steven Manko
From
Business Journals
Dick's Sporting Goods launches new Soccer Shop in Richfield store
April 12, 2021
The Richfield location is one of 34 locations nationwide to debut the Soccer Shop concept.
Tags
Dick's Sporting Goods Inc/
Retailing
From
Business Journals
Macy's bringing Backstage discount concept to 3 more Twin Cities malls
April 12, 2021
Macy's is opening its Backstage discount concept in three shopping malls in the Twin Cities this year, bringing the total to five.
Tags
Macy's Inc/
Retailing
Retail Chains
From
Business Journals
Dream Cabins: Luxury lakeshore home in Park Rapids listing for $1.4 million (Photos)
April 11, 2021
The 5,400-square-foot home was custom built to include luxurious amenities in every corner.
Tags
Kevin Swan
Residential Real Estate
From
Business Journals
Bright Health buys telehealth startup Zipnosis
April 09, 2021
Terms of the deal were not disclosed.
Tickers
INNO
Tags
Inno
Insurance
Zipnosis, Inc/
From
Business Journals
Target begins to vaccinate frontline workers at Minnesota stores, distribution centers
April 09, 2021
Target is also making fitting rooms available to CVS Pharmacies at nine Target stores in Minnesota to be used as Covid-19 vaccination clinics.
Tags
Retailing
Target Corporation
Target Corp/
From
Business Journals
Bright Health buys telehealth startup Zipnosis
April 09, 2021
Terms of the deal were not disclosed.
Tickers
INNO
Tags
Startups
Bright Health
Health Care
From
Business Journals
Blue Cross parent company sells health savings account business for $500M
April 09, 2021
HealthEquity said the acquisition of Eagan-based Further will add about $60 million to its annual revenue.
Tags
Health Insurance
Insurance
Healthequity, Inc/
From
Business Journals
Boat buyers are facing month-long delays for delivery
April 09, 2021
High demand and supply chain problems are snarling delivery for new boats, with some buyers facing months-long waits for new purchases.
Tags
Travel
Manufacturing
Food & Lifestyle
From
Business Journals
Minnesota public colleges could get $426 million from feds, but still face deficits
April 09, 2021
Minnesota's public colleges are poised to received hundreds of millions in dollars from the federal Covid-19 rescue package. But even that help won't eliminate the deficits brought on by the pandemic,...
Tags
Julie Tonneson
Minnesota State
Education
From
Business Journals
Hamilton is postponed again, will return to Twin Cities in 2023
April 08, 2021
The rescheduling was due to the continued effects of Covid-19 on the touring Broadway industry.
Tags
Food & Lifestyle
Hennepin Theatre Trust
Retailing & Restaurants
From
Business Journals
Lunar Startups accelerator announces its fourth class of companies
April 08, 2021
Fifteen startups were chosen from a pool of 90 applicants, Lunar Startups director Danielle Steer said.
Tickers
INNO
Tags
Larissa Loden
Belén Rodríguez
Lunar Startups
From
Business Journals
General Mills will scale back contract manufacturing when demand eases
April 08, 2021
General Mills Inc., which recruited dozens of third-party manufacturers last year to help it meet soaring demand for pantry staples during the Covid-19 pandemic, is looking to reduce its reliance on...
Tags
Food & Beverage Manufacturing
General Mills Inc/
Manufacturing
From
Business Journals
'Mystery Science Theater 3000' Kickstarter campaign gets a sequel
April 08, 2021
Mystery Science Theater 3000, which pulled off Minnesota's biggest-ever crowdfunding campaign to launch a reboot of the sci-fi/comedy TV series, is coming back for more.
Tags
Media & Marketing
Joel Hodgson
From
Business Journals
Best Buy debuts Beta, a $200/year concierge service
April 08, 2021
Best Buy Co. Inc. is rolling out a $200/year service called Best Buy Beta, which bundles standard loyalty-program goodies like free shipping with unlimited tech-support help from the retailer's Geek...
Tags
Retailing
Retail Chains
Best Buy Co/ Inc/
From
Business Journals
Mall of America's Community Commons welcomes new group of businesses owned by people of color
April 07, 2021
The 12 new businesses will get three months free of rent at Community Commons.
Tags
Diversity, Equity and Inclusion
Retailing
Jill Renslow
From
Business Journals
Nellie's Ice Cream opens Saturday in former Izzy's location in St. Paul
April 07, 2021
The shop uses a panini-style press to warm the cookies while keeping the ice cream cold.
Tags
Restaurants
Izzy's Ice Cream
Retailing & Restaurants
From
Business Journals
Twins unveil new corporate partners at Target Field for start of 2021 season
April 07, 2021
The Minnesota Twins will welcome fans back into Target Field on Thursday for the first time in more than a year, and the spectators will notice many new corporate partnerships and signage throughout...
Tags
Mike Clough
Jack Daniel's Whiskey
Summit Brewing Co/
From
Business Journals
Minnesota's billionaires include Glen Taylor, Stanley Hubbard and a pair of Cargill heirs
April 07, 2021
It was a good year for billionaires in 2020: Forbes magazine added nearly 500 brand-new names to its annual list of the world's richest people. But Minnesota's billionaires are dwindling, at least on...
Tags
Jeff Bezos
Minnesota Timberwolves/Lynx
W/W/ Cargill
From
Business Journals
Brian Thompson Named CEO of UnitedHealthcare
April 07, 2021
UnitedHealth Group Inc. on Wednesday named Brian Thompson the CEO of UnitedHealthcare, the company's insurance unit and its biggest overall business.
Tags
Insurance
UnitedHealth Group Incorporated (DE)
Andrew Witty
From
Business Journals
Target to spend $2 billion on Black-owned businesses by 2025
April 07, 2021
Target Corp. on Wednesday promised to boost its dealings with Black-owned suppliers, entrepreneurs and vendors in the coming years, setting a spending goal of $2 billion on Black-owned businesses by...
Tags
Retailing
Target Corporation
Retail Chains
From
Business Journals
Manny Villafaña's new company Medical 21 close to $10M fundraising goal
April 06, 2021
The firm hopes to use the cash to start human trials of its product, an artificial blood vessel, within the year he said.
Tickers
INNO
Tags
Startups
Inno
CRE Developers
From
Business Journals
Walz taps Zimmern to encourage Minnesota's food-service workers to get vaccinated
April 06, 2021
Minnesota's new vaccination outreach campaign for frontline workers get boost from local celebrity chef
Tags
Restaurants
Tim Walz
Food & Lifestyle
From
Business Journals
Gov. Walz and FEMA announce Covid-19 vaccine site at State Fairgrounds
April 05, 2021
The site will open April 14.
Tags
Health Care
Insurance
Coronavirus
From
Business Journals
The Minneapolis Foundation grants $111,000 to organizations addressing community trauma
April 05, 2021
“This is a painful time for our communities, and we want to provide support where people are gathering and creating safe healing spaces,” said Chanda Smith Baker, Chief Impact Officer and Senior Vice...
Tags
Chanda Smith Baker
George Floyd
Minneapolis Foundation
From
Business Journals
Minneapolis businesses push back on city plan for Hennepin Ave. parking
April 05, 2021
A planned $32 million overhaul of Hennepin Avenue between downtown Minneapolis and Uptown is drawing criticism from business owners along the thoroughfare who say that the project would cut out crucial...
Tags
Jill Osiecki Gleich
Retailing
Government & Regulations
From
Business Journals
MSPBJ announces first-ever Health Care Heroes honorees
April 05, 2021
Minneapolis/St. Paul Business Journal announces our first-ever Health Care Heroes honorees, recognizing individuals in the Twin Cities for putting innovation, care, dedication and compassion to work to...
Tags
Lwepaw Nwe Kacher
Susan Kline
Jalilia Abdul/Brown
From
Business Journals
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