The Week's Top Business Stories


From the editors of Twin Cities Business:

MN Added 400 Jobs In June As The Unemployment Rate Dipped

Although Minnesota’s private sector added 2,500 jobs in June, the growth was offset by a 2,100-job loss in government. Meanwhile, the state’s unemployment rate reached a post-recessionary low of 5.2 percent.

Thrivent Financial Is Among Those Urging Congress To Retain Their Tax Exemption

The writers of the nation’s tax code said they want to start with a “blank slate.” But Minneapolis-based Thrivent Financial and other “fraternal benefit societies” are making a push to ensure they remain tax-exempt.

Hubbard Broadcasting Will Acquire 10 Radio Stations For $85.5M

St. Paul-based Hubbard will gain five stations each in Seattle and Phoenix, which it said are the 13th- and 14th-largest U.S. radio markets, respectively. It’s buying the stations from Sandusky Radio.

5 MN Hospitals, Led By Mayo Clinic, Rank Among Best In U.S.

Mayo Clinic ranked third in the country, while four other Minnesota hospitals earned a “national ranking” on this year’s list from U.S. News & World Report.

Former Radio Host Pat Kiley Sentenced To 20 Yrs. In Trevor Cook Ponzi Scheme

Patrick Kiley solicited investments for Trevor Cook’s $190 million Ponzi scheme through his radio show. In addition to the prison sentence, he and his co-defendants were ordered to pay $155.4 million in restitution.

Next Up