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MN Fortune 500

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Retail

Retailers like Best Buy, Target offer last-minute shoppers a Santa’s little helper: AI

Target, Best Buy and others offer digital tools to make finding and receiving gifts easier.
December 13, 2024
MN Fortune 500

Dietary guidelines committee punts on ultra-processed food, a win for General Mills

Federal nutrition guidelines unlikely to address what critics call “irresistible” food many studies have linked to obesity.
December 11, 2024
Researchers from health institutions in France calculated a 14 percent higher risk of early death for each 10 percent increase of ultra-processed foods consumed.
MN Fortune 500

One of Minnesota’s Fortune 500 companies, Patterson Cos., to go private in $4.1B sale

The Mendota Heights-based provider of dental and animal health supplies and services had announced a review of strategic alternatives a week ago.
December 11, 2024
Patterson Companies Mendota Heights, Minnesota headquarters. ] GLEN STUBBE * gstubbe@startribune.com Friday, June 19, 2015
Agriculture

Minnesota-based CHS steering through uncertain times for global agriculture

Low prices are pushing ag into a down cycle just as tariffs threaten to further complicate trade.
December 9, 2024
MN Fortune 500

Large companies likely to beef up security for executives after UnitedHealthcare CEO’s murder

Specialists have seen calls rise in the days after Brian Thompson’s death in Midtown Manhattan.
December 6, 2024
FILE - Facebook CEO Mark Zuckerberg speaks at Georgetown University in Washington, Thursday, Oct. 17, 2019. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, Zuckerberg said in a letter to employees Wednesday. (AP Photo/Nick Wass, File)
MN Fortune 500

Amid financial struggles, Minnesota-based Patterson considers merger, sale or other alternatives

The dental and veterinary supplier based in Mendota Heights said its profit fell by one-third in the second quarter.
December 5, 2024
Patterson Companies' headquarters in Mendota Heights. (GLEN STUBBE/Star Tribune)
MN Fortune 500

Solventum, Minnesota’s newest public company, laying off employees

The 3M health care spinoff has not disclosed how many of its 22,000 employees are affected.
December 4, 2024
MN Fortune 500

Hormel heralds progress on turnaround plan

The Minnesota company is in the middle of a plan to “transform and modernize” the company, cutting costs and investing in the business.
December 4, 2024
Hormel headquarters in Austin, MN. ] GLEN STUBBE * gstubbe@startribune.com Friday September 11, 2015 Despite woes throughout the food industry, partly due to consumers turning away some from processed foods, Hormel has managed to continue prospering -- even though a good part of its business -- Spam, chili -- is about as processed as you can get. But the company's turkey and pork offerings are riding a hot protein trend. And over the past two years, it's made some of the biggest acquisitions in
Agriculture

Western Minnesota ag co-op OKs $225M deal to merge with CHS

CHS, a Fortune 500 company, upped its bid after a competing offer from North Dakota-based Arthur Cos.
November 29, 2024
CHS runs a grain operation in Savage. A provision in the new tax law favors cooperatives such as CHS over private firms. (AARON LAVINSKY/Star Tribune file photo)
MN Fortune 500

Minnesota business leaders say Trump’s proposed tariffs would result in higher prices for consumers

Canada, Mexico and China are Minnesota’s biggest trading partners, and the tariffs could disrupt companies from 3M and Cargill to Target and Polaris.
November 26, 2024
Retail

Best Buy says Trump tariffs will increase prices at a difficult time for the retailer

Proposed tariffs could add to recent troubles as the Richfield-based retailer missed profit expectations for the first time in two years.
November 26, 2024
Stage & Arts

Businesses helped make Minnesota’s arts scene. Will shrinking support break it?

For years, Twin Cities’ biggest arts organizations enjoyed “extraordinary” giving from homegrown corporations. Now, they’re grappling with steep declines: “We had more to lose.”
November 26, 2024
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