The Week's Top Business Stories

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From the editors of Twin Cities Business:

Post Buys Minnetonka’s Michael Foods For $2.45B

In the largest transaction in either company’s histories, Post, known for its huge cereal business, is acquiring Michael Foods, a large Minnesota-based maker of packaged food products.

MN Adds 2,600 Jobs; Unemployment Rate Unchanged

Professional and business services, as well as the construction industry, contributed largely to March’s gains; the leisure and hospitality sector, along with retail, struggled during the month.

Rita’s Italian Ice Franchise Is Coming To MN

In May, Minnesota will become the 24th state to house a Rita’s Italian Ice when two local franchisees open a new store.

4 MN Cos. Among “Best Employers In America”

Xcel Energy, St. Jude Medical, Mosaic, and Medtronic were among 50 of the largest companies in the country that offer the best combination of a high median salary, high job satisfaction, and a flexible work schedule.

One Of Best Buy’s Top Execs Leaves The Company

After less than a year as president of the company’s U.S. retail stores, Shawn Score retired effective immediately.

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Twin Cities Pride 3

Twin Cities Pride is going ahead in July this year – but no parade

The in-person event will be held in Loring Park in Minneapolis.

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Rejuvenation, Williams-Sonoma's furniture brand, to open first MN location

It is moving into the former Restoration Hardware unit at the Galleria in Edina.

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Charges: Driver pulled alongside, shot at motorist on I-35

The man is charged with second-degree assault.

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7th Minnesota school employee dies from COVID-19

The death was confirmed by the health department.

duluth lighthouse

Want a lighthouse? The U.S. Coast Guard is giving one away in Duluth

Federal, state and local agencies, as well as some nonprofits are eligible to take over the lighthouses for free.

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Henry continues its run as MN's most popular baby name

The state's 100 most popular baby names were revealed this week.

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