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Minnesota will receive $1.5 million of an $85 million multistate settlement reached with state attorneys general and the U.S. unit of Honda Motors. Ho

Minnesota gets $1.5 million in multistate settlement with Honda over air bags

The faulty air bag inflaters led to a massive auto recall and the multistate $85M settlement.

Industrial building going up in Eden Prairie north of I-494

August 26
Opus Group is building an industrial project in Eden Prairie's Golden Triangle area. It expects to compete the speculative project by June 2021.
Opus broke ground Tuesday on building with the hope of wooing tenants
Duluth
August 26
Steve Grove, commissioner of the state Department of Employment and Economic Development, led a discussion with Dululth leaders to talk about efforts

In Duluth, economic recovery is stalled by uncertainty

The pandemic hit the region's workforce, especially minorities, hard, but officials see reason to be hopeful.
Business
August 26

Eden Prairie-based iMedia raising $15 million in secondary offering

The parent of ShopHQ priced the shares at $6.25.
Business
August 26
Lift Brands, which owns Snap Fitness, has a new CEO. )(GLEN STUBBE/Star Tribune)

Snap Fitness owner names new CEO after former leader goes to Subway

Snap Fitness owner Lift Brands has named the head of its Asia Pacific operations as its new CEO, the company’s second chief executive in less…
Business
August 26
Mexico President Andrés Manuel López Obrador, speaking at a press conference at the National Palace earlier this month. The country on Wednesday rep

Mexico's economy shrinks nearly 20%, worst plunge since the 1930s

Factories have closed, tourism has plunged and the government has resisted borrowing to give aid.
Coronavirus
August 26
Dr. Andrew Brooks, CSO and CEO of Infinity Biologix, with a COVID-19 saliva test.

New Oakdale lab would 'more than double' Minnesota's virus testing capacity

New processing lab in Oakdale would create up to 250 jobs.
Duluth
August 26
Crumbling ruins of the Duluth U.S. Steel plant, a coking and mill operation, remain on the site near Morgan Park.

Duluth finally getting $75M cleanup of U.S. Steel Superfund site

Once the cleanup is completed, the city will own a trail and protected land on the long-closed West Duluth plant site.
Coronavirus
August 25
Brianna Reinarts, right, senior at University of St Thomas, and Mackenzie Turner, senior at the University of Minnesota, shopped at Best Buy in Rosevi

Best Buy's online sales more than triple to highest ever but stock still dips

Net earnings were up 81.5% — but its stock dipped Tuesday.
Is your company a Minnesota top workplace?
Top Workplaces Is your company a Minnesota top workplace?
updated 14 hours 23 mins. ago
Browse full coverage of the companies that made our 2020 list of Top Workplaces.
Business
August 25
Hormel headquarters in Austin, Minn.

Hormel's sales soar at grocery stores, drop at restaurants

As Americans settle into life during a pandemic, Hormel's product mix is being reshaped.
Business
August 25
Hormel CEO Jim Snee

Hormel offers two-year college benefit to employees' children

The benefit is offered to employees' children in an effort to combat racial inequality.
The annual Star Tribune 50 looks at the state's largest public companies. Combined, the companies on the list employ more than 1.2 million people.
Business
State's top 50 public companies – with No. 1 at $242B in revenue
updated 13 hours 47 mins. ago
2019 will likely be remembered as the last full year of an economic expansion that lasted more than a decade. Next year's Star Tribune 50 is likely to look very different because of the coronavirus disruption.
Business
August 25
Bradley Carr cleaned exercise equipment at a Life Time health club with Purell surface disinfectant in March.

Life Time sues insurer over $130 million in unpaid COVID-19 losses

Lawsuit claims Zurich Insurance breached its contract with the fitness chain operator.
Coronavirus
August 25
Medtronic's operational headquarters in Fridley.

Medtronic's income down 44% in first quarter, but still better than expected

Suspended elective surgeries damaged performance, which was still better than expected.
Coronavirus
August 25
Iris Altamirano, the Local SEIU 26 union president, led a news conference and vigil on Monday, Aug. 24, honoring Lorenzo Palma, a second janitor who d

Twin Cities union rallies for safety steps after second janitor dies

Survey shows large numbers lack masks or gloves and virus-related training at work.
Coronavirus
August 24
Mayo Clinic announced Monday that it has discontinued its COVID-19 plasma therapy study now that the FDA has approved emergency use of plasma therapy.

COVID-19 plasma therapy, backed by Mayo research, will reach more patients

Trump's emergency-use order will ease access to unproven virus treatment.
West Metro
August 24
Thomas Fahling

What a Crystal man did with a sudden windfall in his account this spring

Front-desk clerk stunned to find $150,000 in PPP funds in his account.
Business
August 24
Mark Brandow, owner of Quality Coaches auto shop, stood for a portrait outside the shop, still boarded up, on Thursday, Aug. 20, 2020 in Minneapolis,

Mpls. business owners wanting to protect their windows after riots face obstacle

A Minneapolis ordinance forbids external shutters, leading to protests from owners who say they need more security.
The Louriston Dairy near Murdock, built and operated by Riverview LLP, is home to 9,500 cows, 40 times more than the average American dairy. The compa
Agriculture News and trends about Minnesota's farm economy
updated 9 hours 10 mins. ago
We've created a new destination for everything agriculture in Minnesota and around the country.
Coronavirus
August 24
North Memorial health care workers waited for their next drive-up patient at a COVID-19 testing center behind the North Memorial Health Specialty Cent

Two Twin Cities hospitals hit with penalties over COVID-19

North Memorial and United Hospital were each hit with $2,100 citations after workers complained to the state about an array of allegedly unsafe practices related to breathing devices and other personal protective equipment.
Duluth
August 23
Allete CEO Bethany M. Owen posed for a portrait in the board room at the company’s Duluth headquarters.

Allete's 1st female CEO takes helm at crossroads

Bethany Owen says the parent of Minnesota Power is in "a very important spot in its journey."
Business
August 23
Julie Ingebretsen, owner of Ingebretsen’s Scandinavian Gifts & Foods on E. Lake Street, reopened her store last month after it sustained $100,000 in

For a couple of Lake Street businesses, an early glimpse of a new start

And yet, a full recovery could take years. Some businesses aren't coming back.
Business
August 23

Recent bankruptcy filings in Minneapolis and St. Paul

MINNEAPOLIS T and S Enterprises LLC, 4940 Monroe St., Columbia Heights; filed Aug. 14, 20-42046; Chap. 7; assets, $0; liabilities, $209,780. Timothy Larson, partner. John…
Business
August 23
Former Cargill executive Mark Schulze leads Revol Greens, a greenhouse lettuce venture.

New Revol Greens CEO brings Cargill experience to greenhouse lettuce expansion, national push

Mark Schulze is overseeing a "five facilities in five years" plan to develop additional regional greenhouses around the country.