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The Week's Top Business Stories

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From the editors at Twin Cities Business:

Med-Tech Co. CVRx Lands $30M In Private Equity Funds

The Minneapolis-based company, which raised more than $200 million prior to the recession, said it will use the new funding to help finance clinical trials.

125-Yr.-Old Mankato Kasota Stone Ceases Operations

One of Mankato’s oldest businesses closed down after the recent recession hurt the local limestone market. Its stone products were used in the construction of University of St. Thomas buildings, the Nokomis library, and much of the surface surrounding Target Field.

CHS Earnings Plummet 38%; Meanwhile, The Co-op Named A New CFO

Unseasonable weather hurt CHS’ earnings, causing a smaller 2012 harvest and delayed planting this spring. Separately, the company announced the appointment of Timothy Skidmore as chief financial officer.

$400M “Downtown East” Project Gains Support From Wells Fargo, City Panel

A Minneapolis city committee approved the concept behind a massive development project; meanwhile, Wells Fargo publicly confirmed its interest in occupying office towers that would be constructed as part of the plan.

Ex-Workers Sue Target Over Racially Offensive Document

The company apologized for the use of an offensive document but said it was used at one distribution center and “was never part of any formal or company-wide training.” The document contained “multi-cultural tips” regarding Hispanics, including: “Not everyone wears a sombrero.”

Next Up

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Gov. proposes 'Walz Checks' for most Minnesotans

The governor wants to use $700 million of the state's surplus to fund the payments.

Hutch crash booking photo

Walz, Flanagan call on Hennepin Co. sheriff to resign

"I would say that it is time for him to resign," the Lt. Gov. said.

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Months after missing deadline, Enbridge says Line 3 aquifer breach is fixed

The company told Bring Me The News it "successfully stopped the flow of groundwater" at the site.

canada bodies found

Baby, teenager among 4 found dead along MN, Canada border

Authorities believe all four froze to death.

unsplash roller rink skates CROP

Former roller rink, tennis courts will become new sports hub

The Wooddale Fun Zone has been closed since spring of 2020.

hibachi daruma

Popular hibachi food truck opens second Twin Cities restaurant

The much-anticipated Daruma opens for takeout Thursday evening.

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What changes are coming to the Vikings' offensive line?

Once again, Minnesota has work to do to figure out its interior spots

Kris Ehresmann

One of Minnesota's key COVID-19 leaders is retiring

Kris Ehresmann has given more than 30 years of her life to public health in Minnesota.

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Plan to develop Orono park on hold after Daytons object

The Dayton family donated the land to the city for the park in the 1970s.

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Child from Twin Cities, school staff member die from COVID

Both deaths were reported by the Minnesota Department of Health Thursday.


3 clippers will deliver snow to Minnesota through Tuesday

Clippers move through Friday night, Saturday night and again Monday.