Twin Cities Business
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Latest posts
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More Minnesota Nonprofits Should Merge
Minnesotans love our nonprofits. We volunteer for them, donate to them, serve on their boards, and proudly describe our state as the land of 10,000 Nonprofits—organizations working on every imaginable civic challenge. It’s part of our identity. But many of those nonprofits are…
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Why Is There So Much Foreign Ownership in Northern Minnesota?
There are many intriguing aspects of the recent news concerning Nashwauk-based Mesabi Metallics. One is that the company is opening the first new iron mine and processing facility in Minnesota in five decades. The other is that the financial power behind the project is the Essar…
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A Small Minnesota Factory Plays a Big Role in Major League Baseball
In the middle of last summer, when most baseball fans were enjoying a hot dog and a beer and dreaming of October, the machines in a plant in Caledonia whirred to life. The journey of the Gold Glove Awards, which were awarded on Sunday, Nov. 1, in a ceremony that featured zero…
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A Different Way for Twin Cities Companies to Scale
A lot of growing organizations in the Twin Cities are running their marketing through a patchwork of outside help: a freelance designer here, a public relations firm there, a martech vendor, maybe an in-house social media hire trying to hold it all together. Individually, each…
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Medtronic’s Diabetes Split-Off Drew a Crowd. Now MiniMed Has to Deliver.
When Fridley-based Medtronic announced earlier this year it would split-off MiniMed, its diabetes business, investors expressed interest in exchanging their shares. On Oct. 15, Medtronic reported it had a 5.4x oversubscription for its exchange offer for MiniMed. While all…
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The Hay Market Is Tightening, and Freight Is Making It Worse
Corn has a futures contract. So do soybeans, wheat, cattle, even orange juice. Hay, a crop farmers grow on nearly 50 million acres, doesn’t. There’s no ticker and no exchange. Prices come from sale barns, phone calls, and a few dozen USDA market reports a week, each in its own…
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Open Letter: Reflections From the Class of ’61
To: Ms. Sandra Fellman Hugo, Minnesota Dear Sandi: Thank you for organizing our 65th reunion of the Alexander Ramsey High School class of 1961. We were an economically diverse public high school. There were lots of middle-class kids coming from families living in GI-loan houses…
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More of Minnesota’s Public Money Should Work in Minnesota
Every Minnesota city, county, township and school district has the same job with its cash: keep it safe, keep it available, and earn something on it until it is spent. Many use statewide investment pools like the 4M Fund, the MAGIC Fund and MSDLAF+. They do that job well,…
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Gen Z Zeitgest: Work to Survive
Lieben und arbeiten: “to love and to work.” Such is the way Freud responded in German to the question of how we find meaning, connection, and psychological stability in our lives. The notion that one’s work should provide a “cornerstone of humanness” equal to love, as a Freud…
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2026 Private Dining Guide
Remote work has fundamentally reshaped corporate culture; even six years after the Covid-19 pandemic, almost a quarter of Minnesotans spend at least part of their weekly hours working from home, according to the Federal Reserve Bank of Minneapolis. But absence makes the heart…
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Can the Public Sector Offset Road-Construction Losses?
When Hennepin Avenue in Minneapolis closed for 18 months of reconstruction in 2024 and 2025, small businesses looked to government to relieve massive losses. Nothing was forthcoming, and some businesses did not survive. It’s now a cautionary tale as Minneapolis moves forward…
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TCB Insights: Closing the Retirement Gap
Retirement plans can fall short before the cracks start to show. Learn how better benefits can help workers make confident financial decisions. It’s Not Just About the Investments Contrary to popular belief, the retirement savings gap isn’t always an investment problem.…
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First Take: Hennepin Arts’ New CEO, Kimberly Motes
Hennepin Arts has named its new president and CEO: a veteran of Twin Cities theater who left for Chicago and now returns, Kimberly Motes. She’s departing her role as executive director of Chicago Shakespeare Theater to helm the Minneapolis nonprofit, which owns four theaters in…