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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

ambulance

Sheriff: Men found unresponsive in garage died of cocaine overdose

Two of the three men found unresponsive in an Eyota garage last week died of a drug overdose, a preliminary autopsy found.

Anthony Edwards

Ant's injury clouds Timberwolves' victory over the Nets

The Timberwolves star was injured in the final minutes on Sunday night.

Akoya Lee

Byron native Ayoka Lee sets NCAA record for points in a game

The Kansas State forward broke a record shared by former Gopher Rachel Banham.

cold, wind chill, freezing

It's going to be stupid cold again Tuesday and Wednesday

They'll almost certainly be the 10th and 11th days with subzero temps this month.

Williams Uptown Pub

Williams Uptown Pub & Peanut Bar closes indefinitely after shooting

Reports say police have arrested two suspects in the incident.

Alex Rodríguez

A-Rod wears a Packers hat, Minnesotans lose their minds

The Timberwolves co-owner didn't endear himself to his fan base on Saturday night.

Flickr - Minneapolis police squad - Chad Davis

Police: Man shoots into crowd at funeral reception in Minneapolis

The shooting happened at a reception following a funeral on Saturday afternoon.

Screen Shot 2022-01-23 at 8.37.27 AM

Watch: Jimmy Garoppolo says 'F*** the Packers' after playoff win

The 49ers quarterback congratulated Robbie Gould in spectacular fashion.

Aaron Rodgers

America dunks on Aaron Rodgers after loss to 49ers

The Packers quarterback was destroyed on social media on Saturday night.

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