The Week's Top Business Stories

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From the editors of Twin Cities Business:

State Jobless Rate Hits Lowest Point In Nearly 6 Years

Minnesota’s unemployment rate dropped to 4.8 percent in October, a rate last seen in January 2008. A declining labor force participation rate, however, has contributed to the trend.

MN Officially Loses One Of Its Fortune 500 Companies

Following a recent merger, one of the state’s largest public companies has relocated to Michigan, drawn by financial incentives and a “positive business climate.”

Local Companies Donate To Philippines Typhoon Relief Efforts

Some of Minnesota’s largest companies have committed hundreds of thousands in dollars and services to disaster relief in the Philippines.

Tile Shop Draws Shareholder Lawsuits

Multiple law firms are seeking class-action status for securities fraud lawsuits against Tile Shop, a Minnesota-based company whose stock dropped sharply on allegations of overstated earnings.

Jostens Acquires Another Jewelry Company For $486M, Appoints New CEO

Minneapolis-based Jostens plans to acquire an Austin, Texas-based maker of commemorative products. It also named Chuck Mooty as its new CEO, effective in January.

Next Up

ballot voting vote

Appeals court changes rules for MN absentee ballots received after Election Day

Pending a further challenge, votes received after 8 p.m. on Election Day may not be counted.

Donald Trump

Confusion over where Trump campaign rally will be held Friday

It sounds like it'll be held at the airport in Rochester.

Screen Shot 2020-10-29 at 3.19.05 PM

This video of the Lowry Hill Tunnel walls being cleaned is oddly satisfying

The tunnel will be closed overnight Thursday for cleaning.

gray wolf

Gray wolf removed from the endangered species list

A decision on whether they can be hunted in Minnesota will come later.

covid saliva test

Minnesota opening its 7th saliva testing location in St. Paul

The tests are free and open to anyone regardless of if they have symptoms.

pete stauber - qunn nystrom CD8

Election 2020 preview: Minnesota's 8th Congressional District

It's a race between incumbent Rep. Pete Stauber and Democratic challenger Quinn Nystrom.

fire, flames

Lives saved as passerby, city workers rescue from 3 from Golden Valley fire

The Golden Valley Fire Department responded to the fire Wednesday morning.

Caribou Coffee Holiday 2020

Caribou Coffee rolls out holiday cups, menu early

The holiday season is underway at some Twin Cities stores, with a nationwide rollout planned for Nov. 5.

Malik Beasley

Charges: Timberwolves' Beasley pointed assault rifle at family on a home tour

The family was on the Parade of Homes tour when Beasley allegedly pointed the gun at them, telling them to get off his property.

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