The Week's Top Business Headlines

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From the editors of Twin Cities Business:

Graves Hotel In Downtown Minneapolis Is Sold

Graves 601 will officially change hands this summer when Graves Hospitality sells the 21-floor hotel for an undisclosed sum.

St. Jude Gains Wireless Sensor Tech In $375M Acquisition

Now that CardioMEMS’ heart-monitoring technology has been approved, St. Jude is executing its option to buy the company, in which it had previously invested.

Should Shareholders Overhaul Target’s Board Of Directors?

Twin Cities Business' Dale Kurschner recently questioned the composition of Target’s board; now, a proxy advisor is recommending that shareholders oust the majority of Target directors.

City Of Minneapolis Seeks To Consolidate Office Space

The city is looking to move its employees into fewer buildings to increase efficiency.

Big Woodbury Development Project Will Include Two Hotels

In addition to medical office buildings, a 40,000-square-foot grocery store, restaurants, and more, the City Place development will feature two hotels.

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