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Victor Stefanescu

Reporter
Stefanescu previously covered the business of food, aviation and real estate for news outlets in the Northeast and St. Louis, his hometown. He is a graduate of Boston College, where he studied communication and led the independent student newspaper, The Heights.

Latest from Victor Stefanescu

Boston Scientific stock plunges 17% on new competition in key tech

The price was down despite the company posting strong quarterly revenue and profit. The medtech company has major operations in Minnesota.
February 4, 2026

What’s it like to live in Minnesota right now? Life in the shadow of ICE.

We asked people how their lives have changed, or not changed.
February 3, 2026

The ICE surge has disrupted business. Minnesota’s top economic official is ‘very concerned.’

In an interview, DEED Commissioner Matt Varilek spoke at length about how ICE is affecting businesses and making the job of growing the state’s economy more difficult.
January 30, 2026

Letter from CEOs on immigration actions in Minnesota stirs strong public reactions

Some called the statement too timid, while others applaud the coalition of more than 60 CEOs for urging a peaceful resolution to the conflict between local and federal officials.
January 27, 2026

Minnesota teens build app to help patients getting infusions find community

TogetherIV is the brain child of two Edina High School students, including one who gets monthly treatments for chronic conditions.
January 26, 2026

Minnesota CEOs break silence on ICE surge, killings

More than 60 Minnesota executives penned a letter Sunday calling for an “immediate de-escalation” after the killing of Alex Pretti.
January 25, 2026

A big acquisition decades ago almost broke Boston Scientific. Its CEO says this time is different.

Boston Scientific, which is growing in Minnesota, is buying California’s Penumbra for $14.5 billion. CEO Mike Mahoney said the deal makes his company a neurovascular leader.
January 17, 2026

Boston Scientific inks $14.5B deal, boosting its Minnesota-dominated heart device portfolio

Boston Scientific has long used mergers and acquisitions to fuel growth. This deal appears to be its largest since its acquisition of Arden Hills pacemaker company Guidant in 2006 for $27B.
January 15, 2026

Minnesota’s biggest companies starting to feel heat from ICE surge

From Target to General Mills and Caribou Coffee, Minnesota’s largest employers are feeling pressure amid a surge of immigration officers in the state following the killing of Renee Good.
January 14, 2026
Editor's Pick

Editor's Pick

Inspectors found dead rodents at Minneapolis food distributor years before big recall

Inspectors listed a leaking roof in a 2018 inspection at Gold Star Distribution. Water dripped from the roof toward merchandise during a reporter’s tour last week.
January 10, 2026

Caribou Coffee drops dairy-free upcharge after PETA talks

The Minnesota-founded chain follows the likes of Starbucks, Dunkin’ and Scooter’s Coffee in no longer making customers pay more for oat, coconut and almond milk.
January 7, 2026

What we know about claims of SBA fraud in Minnesota as agency suspends borrowers

The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration.
January 4, 2026
SBA loans are up over 10% this year.
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