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The Week's Top Business Stories

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From the editors of Twin Cities Business:

Emerson Expansion To Bring 500 Jobs To Shakopee

Emerson Process Management has chosen the abandoned ADC Telecommunications building in Shakopee for the global headquarters of its Rosemount measurement technologies business. The move is expected to bring up to 500 new, highly skilled jobs to the city.

Best Buy To House Microsoft Windows Mini-Stores

Best Buy has partnered with Microsoft to install small Windows stores in select locations, which will offer Windows-based PCs, tablets, accessories, and support from a Microsoft-trained staff. The partnership builds on the Richfield-based company’s recent move to add Samsung shops in 1,400 Best Buy locations.

Local Med-Tech Firm Cuts Jobs, Transfers Others From Maine To Minnesota

IntriCon Corporation, a publicly traded medical technology firm headquartered in Arden Hills, announced restructuring plans designed to cut $3 million in annual costs. While the plan involves eliminating 35 jobs at its various facilities, the company will shift workers to Minnesota from Maine, likely offsetting the job cuts here.

Petters Associate James Fry Found Guilty On All Counts

James Fry’s case likely represents a final chapter in the Tom Petters saga. He was convicted on charges that he misled investors and lied to the U.S. Securities and Exchange Commission.

Minnesota Cup Names 2013 Semifinalists

The annual business-idea competition selected 57 semifinalists who will advance to the next round—moving them one step closer to $200,000 in prizes.

Ad Agency Fallon Loses Major Client Cadillac

General Motors pulled the Cadillac account from ad agency Fallon after nearly three years of award-winning work. In an employee memo, Fallon’s CEO said it was “an outcome we do not deserve.”

Next Up

Sharon and Herb Vasser

Cause of Hopkins house explosion that killed couple revealed

Sharon and Herb Vassar were killed in the explosion. Herb built the home back in 1962.

Arrows on target

Charges: Minnesota camp counselor fired arrows at kids, injuring boy

An 8-year-old boy was shot in the arm with an arrow.

North Shore Mayor Chris Swanson.

Two Harbors votes overwhelmingly to recall Mayor Chris Swanson

The mayor had been scrutinized for several things leading up to the vote Tuesday.

Screen Shot 2022-08-10 at 8.43.50 AM

Suspected gunman at large after homicide near Albert Lea

The 32-year-old suspect was last seen in a 2004 white Ford F-150 with Minnesota license number EUZ-057.

Ettinger and Finstad

Brad Finstad (R) edges out Jeff Ettinger (D) in CD-1 special election

Finstad will serve out the remaining months of the late Jim Hagedorn's term, before facing Ettinger again in November.

Gov. Tim Walz and Scott Jensen.

Minnesota primary 2022: Results from MN's statewide, congressional races

Minnesotans have voted and set the stage for the November elections.

Omar Samuels

Rep. Ilhan Omar defeats Don Samuels in contentious primary

Unofficial results for one of Minnesota's most-watched primary races are in.

Ambulance Hennepin Healthcare

Boy, 14, critical after accidental shooting at Minneapolis apartment

Police say the shooting happened during a gathering at an apartment.

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Charges: Man caused Burnsville building fire because girlfriend was late

The alleged arson fire displaced around 50 residents.

Famous dave granite city

Famous Dave's, Granite City owner sold for $200 million

The owner of Famous Dave's, BBQ Holdings, is based in Minnetonka.

Alanna McLean

Appeal to find missing northern Minnesota woman

Alanna McLean was last seen this past weekend.