Yesterday, the Minneapolis/St. Paul Business Journal broke news that Medtronic, Minnesota's eighth-largest company, is cutting 40 local jobs. That development comes less than a month after Gov. Mark Dayton said Medtronic CEO Omark Ishrak personally assured him his company plans to create 1,000 new j ... More >>
The Dayton administration is crowing after Minnesota clocked in with a 6th-place finish in CNBC's Top States For Business 2014 list.Matt Swenson, Dayton's press secretary, drew reporters' attention to the study yesterday, writing in an email, "Members of the Press - I wanted to make sure you saw thi ... More >>
A new report issued by Marquette Advisors doesn't paint a pretty picture for Twin Cities-area renters who aren't in the market for $4,500 Lake Calhoun apartments.Though the metro-wide vacancy rate ticked up from 2.5 percent during 2013's fourth quarter to 2.7 percent during the first quarter of this ... More >>
During a Legislative Commission on Planning and Fiscal Policy hearing about income equality on Wednesday, Sen. David Hann, R-Eden Prairie, argued that achieving greater income equality by increasing taxes on the rich wouldn't make Minnesota a better place.SEE ALSO: MNGOP Sen. David Hann says there w ... More >>
Magnetation, a Nashwauk, Minnesota-based mining company, is kind of like the ungrateful date you spend too much money on, only to see him/her spurn you for another lover. In 2008, the company received a $1 million grant from the Minnesota Department of Employment and Economic Development, money t ... More >>
This is what jobs see as they come to our fine state.No one in America found a job last month. Not one person. But in Minnesota, the job vacancies listings have shot up in recent months.This leads to some pretty interesting possibilities. Could it be that Minnesota is not part of the United State ... More >>
Emmer plans to go after the rich...servers?Based on his statements yesterday, it seems Republican gubernatorial candidate Rep. Tom Emmer has never worked in the restaurant business. At the Eagle Street Grille in St. Paul he proposed that restaurant owners should pay a lower minimum wage (ofte ... More >>
Layoffs and downsizing keep Avalon in business
Minnesota's unemployment rate rose to 8.4 percent in June, a slight uptick from May. We're still faring better than the national average, which is sitting at 9.4 percent.
Judge denies unemployment benefits to Northwest mechanics
Andersen Windows had $2 billion in sales last year. And next year, a new Pawlenty administration program will give the company a big tax break.