News releases from Minneapolis / St. Paul Business Journal
Bright Health led the IPO round-up, with its $924 million raise in June, the largest for a Medical Alley company.
The pandemic forced the entertainment industry to get creative in finding ways to keep audiences engaged and generate revenue for venues, artists and staff, so everyone could make it through to the...
Jax Cafe in Northeast Minneapolis will likely be closed for several months as structural repairs are made to the more than 110-year-old building.
Sleep Number Corp. raised its full-year profit outlook this week, but the stock fell after quarterly sales missed analyst targets and the company acknowledged parts shortages that made it hard to meet...
Hiawatha Golf Course will stay at 18 holes after the Minneapolis Park Board again rejected a $43 million overhaul intended to reduce flooding issues on the city-owned course.
St. Paul-based hospitality management company Morrissey Hospitality just debuted a new American restaurant, Central N.E. Eat & Drink, in Northeast Minneapolis.
Airlines restarting a couple nonstop routes from MSP to Canadian airports amid border reopening
July 21, 2021
Two airlines are resuming nonstop routes from the Twin Cities to cities in Canada amid the Canadian government's recent announcement that it will reopen its border to fully vaccinated travelers.
Winnebago Industries Inc. has apparently acquired the taste for the water, announcing Tuesday that it's struck a deal to buy Barletta Pontoon Boats of Bristol, Indiana.
Love Your Melon is making its debut with a national brick-and-mortar retailer through a special Disney collection available at Nordstrom.
Frontier adding nonstop route between MSP and Las Vegas
July 20, 2021
Denver-based budget carrier Frontier Airlines is adding a new nonstop route between MSP and Las Vegas' McCarran International Airport in early October.
The agreement marks the first time the New York-based fitness platform has teamed up with a health plan.
A federal judge has rejected a lawsuit by Snap Fitness against its insurance company that claimed the gym chain should have been covered against business interruptions brought on by the Covid-19...
Pickleball coming to Northeast Minneapolis
July 16, 2021
Lucky Shots Pickleball Club will include a dozen professional grade courts and space for other events.
Target Field, Minnesota Twins will replace stadium's scoreboard, production control room
July 16, 2021
Target Field, the home of the Minnesota Twins, will soon embark on its biggest renovation project since its debut a dozen years ago: A $33 million replacement of its left-field scoreboard and...
MnPass, the toll payment system used by drivers to pay for access to toll express lanes on Minnesota highways, will be replaced this summer by E-Z Pass, a similar offering that's used in many other...
Advertising agency Preston Kelly is rebranding itself as Preston Spire and will move its offices from Northeast Minneapolis to the edge of downtown.
UnitedHealth Group Inc. posted better-than-expected revenue and earnings figures for the second quarter on Thursday, even though profits dropped as more patients sought out health care they'd put off...
St. Paul-based Vitality Roasting is set to open a cafe soon in the skyway of the Six Quebec building in downtown Minneapolis.
“This has been an amazing period in my own professional journey, as I started my career in soccer and have ended it helping build a club that I love, in a community that I love," Wright said in a news...
The 15,500-square-foot Italian sports-car dealership, called Twin Cities Performance, will include a 2,500-square-foot "experiential" showroom.
The U.S. Department of Justice said Friday that St. Jude Medical, once one of Minnesota's biggest med-tech businesses before its acquisition in 2017 by Abbott Labs, has agreed to pay $27 million to...
Hundreds of millions of dollars worth of rent relief is on its way to help Minnesotans who have fallen behind on rent, but landlords say they're frustrated by the pace.
Grocery workers union agrees to new contract with Lunds & Byerlys, Kowalski's, Jerry's Foods
July 09, 2021
A union representing thousands of Minnesota grocery store employees has agreed to new contracts with some of the area's largest grocery chains.
Minneapolis-based Rypen plans to open its first standalone furniture store in the Galleria mall in Edina early this fall.
“I see a responsibility for MCN to harness our power and privilege to ensure Minnesota’s robust nonprofit sector has what they need to fulfill their important work towards a just, joyful, and equitable...
Only Starbucks and Accenture can boast more racial board diversity than Target Corp. Following Target are Verizon, Anthem, L Brands and Cognizant, according a recent Just Capital report.
Teamsters union ends five-month strike at Marathon Petroleum refinery in St. Paul Park
July 02, 2021
Striking union members at Marathon Petroleum's refinery in St. Paul Park approved a contract deal, clearing the way to end a five-month-long labor stalemate.
Minnesota Timberwolves and Lynx owner Glen Taylor can proceed with plans to sell 20% of the teams to an investment group led by Marc Lore and Alex Rodriguez, a judge ruled, dismissing an move by a...
Legislature approves $52 billion budget, new tax breaks
July 01, 2021
Minnesota lawmakers passed a $52 billion, two-year state budget late Wednesday, just hours before a deadline that would have triggered a government shutdown.
Isaiah Leslie Goodman, a Maple Grove financial adviser and the founder of startup MoneyVerbs who admitted bilking clients out of more than $2.3 million, was sentenced to seven years in prison Tuesday.