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.

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Eagan-based Villaume Industries pays $90K fine in gender discrimination case

After the Minnesota Department of Human Rights found the company refused to hire women, Villaume committed to reforms

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11 more people charged in massive magazine scam plead guilty

In total, 63 people from across the U.S. were charged in what prosecutors called the "largest elder fraud scheme in the nation."

Alex Stalock

Wild goalie Alex Stalock claimed off waivers by Oilers

The South St. Paul native will be heading to Edmonton.

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Shakopee GOPer posts DFL lawmaker's personal cell number on Facebook

Rep. Erik Mortensen has been accused of 'doxxing' Twin Cities lawmaker Rep. Jamie Becker-Finn.

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Minneapolis scraps plan to pay 'influencers' to share information during Chauvin trial

The plan to pay influencers to share city-approved messages during the trials of the officers charged in George Floyd's death drew criticism.

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Toddler called 911 and said 'baby' was dead, turned out to be her doll

We're checking into whether the doll is named 'Chucky.'

Target Center

NCAA Women's Final Four 2022 will be held in Minneapolis

The NCAA unveiled the logo for the 2022 Final Four on Monday.

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As golf season approaches, book your round now at Dacotah Ridge GC

The stunning course is designed by world-renowned architect Rees Jones.

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Pedestrian killed in hit-and-run in St. Paul Sunday evening

The incident occurred near the intersection of Phalen Boulevard and Atlantic Street.

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