Topic: Business & Economy
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Business & Economy

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St. Paul mayor meets border czar, presses to curb Metro Surge harms
St. Paul Mayor Kaohly Her met in person with the federal "border czar" to describe the harms Operation Metro Surge is causing — including fear in neighborhoods, school disruptions, and traffic and business impacts at immigrant‑serving businesses as residents reportedly avoid work, school and essential errands because of visible ICE and Border Patrol activity. Federal officials acknowledged the concerns but gave no signal of an immediate rollback, and the meeting was framed as part of Her’s broader push to tighten the city’s separation ordinance and limit ICE staging on city property.
Local Government Business & Economy Public Safety
How federal $1,000 'Trump Accounts' work for new Twin Cities parents
The piece explains that under the 2025 One Big Beautiful Bill Act, every baby born in the U.S. from 2025 through 2028 is eligible for a federally seeded $1,000 'Trump Account' once a parent or guardian opens an approved investment account, with the money locked in low‑fee U.S. stock index funds until the child turns 18. It clarifies that funds can only be used for restricted purposes — such as tuition, a first‑home down payment or starting a business — and withdrawals for other uses will trigger taxes and penalties, similar to misuse of a 529 plan. The article notes that Michael and Susan Dell have separately committed $6.25 billion to add a $250 seed for some lower‑income children age 10 and under in qualifying ZIP codes, which include parts of Minneapolis and St. Paul, but those seeds are distinct from the $1,000 newborn accounts. It walks through how Twin Cities parents actually claim the benefit (which institutions are participating, what documents they need, and basic deadlines) and highlights fine print around income‑tax treatment and what happens if parents fail to open an account during the eligibility window. The context makes clear this is not an automatic mailed check but an opt‑in long‑term asset program that could meaningfully affect wealth‑building for new metro families who understand and use it.
Business & Economy Local Government
Volunteers aid ICE detainees released from Whipple
A new volunteer group called Haven Watch has sprung up outside the Whipple Federal Building in the Twin Cities, where ICE detainees are released at all hours, often without their phones, winter coats or a way to get home. Founded by a metro-area mother who first came with her two sons to support demonstrators, the group now stations volunteers in orange vests to watch for people leaving detention and offers burner phones, rides, a warm place to sit, and help with basics ranging from food and car seats to rental assistance. Volunteer Sarah Haraldson describes driving home men in tears after short detentions and says her own experience as the adoptive mother of a naturalized Ethiopian son fuels her fear that people can be "picked up and put in that building based on the color of [their] skin and nothing else." Haven Watch is actively seeking more drivers and donations as Operation Metro Surge continues to cycle people through Whipple into a cold metro night with little federal support for safe reentry.
Public Safety Legal Business & Economy
Big Minnesota firms fund $3.5M relief for Twin Cities small businesses
The Minneapolis Foundation has launched a $3.5 million fund backed by 28 major Minnesota corporations — including Target and Best Buy — to support small businesses in the Twin Cities that are facing urgent operational disruptions. According to the Business Journal preview, the money will begin flowing in the coming weeks through community organizations that already work directly with affected entrepreneurs, rather than being handed out by the corporations themselves. While the article doesn’t spell it out, the timing and structure clearly track current reality on the ground: immigrant‑serving shops and restaurants along corridors like Lake Street, Nicollet and the West Side have been reporting 50–80% revenue drops amid ICE’s Metro Surge and the federal crackdown, on top of winter weather and the usual post‑holiday slump. This fund is corporate Minnesota’s attempt to patch that hole and buy some stability without publicly confronting the federal operation that helped cause it — a lifeline for some businesses, but nowhere near enough to fully offset the damage if the surge drags on.
Business & Economy Local Government
Walz, Frey press Homan to end Metro Surge
Governor Tim Walz and Minneapolis Mayor Jacob Frey have pressed Tom Homan to end the ICE "Metro Surge," urging federal immigration authorities to withdraw units operating in the Twin Cities. The dispute has tangible local consequences: on Nicollet Avenue restaurants and shops opened as ad hoc warming centers and medical triage sites after a Minneapolis resident was killed by federal immigration agents, and business owners say they are exhausted and unsure how to keep operating amid the threat of further raids and violence, underscoring how federal use of force has turned storefronts into front‑line response space.
Public Safety Local Government Business & Economy
Eat Street businesses became triage hubs after federal killing
Restaurants and shops along Minneapolis’ Nicollet Avenue “Eat Street” corridor opened their doors as makeshift warming centers and medical triage sites after federal immigration agents killed a resident there, according to business‑owner accounts. In the chaos that followed the shooting, staff pulled shaken people in from the cold, tended to injuries and let bystanders shelter inside while squads and ambulances swarmed the street. Owners now say they’re physically and emotionally depleted and are unsure how to operate a neighborhood dining district that keeps doubling as a front‑line response zone whenever federal operations turn violent. Their experience underscores how Operation Metro Surge is not just a law‑enforcement story but a direct blow to a key commercial corridor’s ability to function, on top of years of construction, COVID and civil‑unrest damage.
Public Safety Business & Economy
GAF closing north Minneapolis plant, cutting 120 jobs
Roofing manufacturer GAF Materials will shutter its north Minneapolis manufacturing plant, eliminating roughly 120 jobs at a long‑time industrial site just south of the massive Upper Harbor riverfront redevelopment, according to a Minneapolis / St. Paul Business Journal report. The facility sits along the Mississippi near where the city and developers are building an amphitheater, health center, park space and housing, making the closure a significant shift for that corridor’s remaining industrial footprint. The article previews the closure but, behind a paywall, is expected to detail timing, severance and whether any production or workers will be shifted to other GAF locations. For north‑side residents, it’s a hit to one of the few remaining blue‑collar plants inside city limits at the same time nearby land is being repositioned for higher‑end mixed use. The combination of job loss and changing land values will bear close watching as Minneapolis weighs what replaces GAF on a riverfront that’s rapidly moving away from industry.
Business & Economy Housing Environment
Hennepin Healthcare to cut five programs, 100 jobs amid cash crisis
Hennepin Healthcare, the county‑run system that operates Hennepin County Medical Center in downtown Minneapolis, says it will close or sharply reduce five programs and cut about 100 positions as it tries to navigate what its co‑administrator calls a financial crisis that puts the system in “real jeopardy.” Announced Monday at a news conference, the changes will shut down chiropractic and acupuncture services; close the standalone sleep clinic while shifting screening to primary care; fold interventional pain treatments and weight‑management care into primary‑care and specialty clinics; and end HCMC’s nursing‑home/extended‑care model by transitioning those patients to other systems while moving older adults into primary‑care settings. Dr. J. Kevin Croston blamed falling federal support, county budget strain, and the loss of the county’s historic ability to backstop HCMC, calling it a "perfect storm" but insisting there is still a path forward if painful restructuring happens now. The cuts arrive as the Hennepin County Board has already voted to retake direct control of Hennepin Healthcare’s governing body because of its worsening finances, with a formal plan on how to stabilize the system due to commissioners by July; union responses and patient worries about access to pain, sleep, weight and geriatric care are already surfacing across social media. For Twin Cities residents who rely on HCMC as the region’s main safety‑net and Level I trauma center, the message is blunt: the system is bleeding cash badly enough that non‑core services and 100 jobs are on the chopping block, and the county may not be able to bail it out the way it once did.
Health Business & Economy Local Government
Courts, AGs and DOJ clash over evidence in Renee Good, Alex Pretti ICE shootings
The fatal ICE shooting of Renee Good and a subsequent Border Patrol shooting that killed Alex Pretti have set off protests, an "ICE Out" strike, federal grand‑jury subpoenas to state offices, the staging and limited activation of the Minnesota National Guard, and the resignation of several federal prosecutors amid sharply escalated tensions over a large federal agent surge in Minneapolis. At the same time Minnesota Attorney General Keith Ellison and local officials have sued for court‑ordered preservation, independent custody and disclosure of video and other evidence while DOJ warns such broad orders would impede criminal probes and is resisting, setting up a likely appellate fight over who controls and must produce the evidentiary record.
Public Safety Local Government Legal
3M says it has stopped making PFAS chemicals
3M told FOX 9 it has met its pledge to stop manufacturing PFAS by the end of 2025, ending more than 70 years of production of the so‑called 'forever chemicals' that contaminated east‑metro groundwater and helped fuel a global pollution crisis. The Maplewood-based company, which began making PFAS in the 1950s for products such as Scotchgard, has already paid nearly $14 billion to settle PFAS lawsuits and paid Minnesota nearly $900 million in 2018 to fund east‑metro drinking‑water cleanup — money that is now running down even as contamination and lawsuits continue. 3M says it has invested $1 billion in water‑treatment systems at its largest water‑using facilities and will keep operating those to handle legacy pollution, but it has recently questioned some state and local remediation projects, raising fears in affected suburbs about who will pay to finish cleanup when settlement dollars are exhausted. The article also points readers to a FOX 9 documentary and timeline showing internal 3M research and company decisions that, according to plaintiffs and regulators, delayed public disclosure of PFAS dangers.
Environment Business & Economy
Jan. 23 ‘ICE Out of MN’ general strike closes hundreds of Twin Cities businesses, culminates in Target Center rally
Hundreds of Twin Cities businesses closed as thousands joined a Jan. 23 “ICE Out of MN” general strike — a nonviolent work stoppage organized by immigrant‑rights groups, faith leaders, unions and supportive lawmakers that asked people not to go to work, school or shop to protest ICE’s Operation Metro Surge and recent shootings. Despite an Extreme Cold Watch, demonstrators gathered at The Commons at 2 p.m., marched about a mile to a rally at Target Center, with organizers emphasizing mutual aid, safety planning and acknowledging participation would be uneven due to legal and economic constraints.
Public Safety Business & Economy Local Government
Videos and court records undercut DHS claims about Twin Cities ICE raids and shootings
Surveillance and bystander videos of a Minneapolis ICE shooting show a Venezuelan man running, stumbling and trying to rise — not brandishing a gun when he was shot — while document comparisons and a federal judge’s order revealed that the St. Paul Nevada Avenue E raid lacked a valid state warrant, leading to the release of six detained family members after DHS failed to produce proper paperwork. Those discrepancies have unfolded amid Operation Metro Surge, which has generated hundreds of habeas petitions (many resulting in release or bond hearings), sharp political and legal pushback, and widespread fear that has crippled immigrant businesses — one Iranian‑owned market and taquería in south Minneapolis reports sales down 55–60% and has closed its taquería side.
Public Safety Business & Economy Immigration & Legal
Chanhassen council debates ICE raid; member plans local cooperation rules
Chanhassen’s city council will address a weekend ICE operation and protest after Council Member Mark Von Oven criticized the lack of coordination with local law enforcement, called for process, transparency and constitutional protections, and said he will draft locally focused rules for how the city should cooperate with federal immigration agents. DHS identified the targets as Marco and Edgar Chicaiza Dutan; ICE tried to arrest two construction workers on Avienda Parkway, one man was taken by ambulance for cold exposure and later released to ICE custody while the other stayed on a roof to evade arrest and Edgar’s attorneys are challenging his detention, and workers’ group CTUL — citing multiple recent actions at a D.R. Horton site — plans to press the builder to bar ICE from worksites unless agents present a judicial warrant.
Legal Local Government Public Safety
Workers press D.R. Horton to block warrantless ICE raids
Twin Cities construction workers organized through Centro de Trabajadores Unidos en Lucha (CTUL) plan to confront homebuilding giant D.R. Horton at its regional office Wednesday, demanding the company bar ICE agents from its jobsites unless they present a judicial warrant. CTUL says ICE has already 'raided and harassed' crews three times this year at a D.R. Horton development in Shakopee and previously hit another Horton site in Chanhassen, sparking a highly visible December standoff that drew neighbors and police. The group wants the nation’s largest homebuilder by volume to publicly condemn ICE’s escalated worksite tactics in Minnesota and call for the agency to pull back its Twin Cities operations, arguing the raids are 'unlawful' and are scaring immigrant workers off the job and destabilizing the construction labor market. CTUL says it has repeatedly offered Horton resources and model language to keep federal agents off private construction property without a proper warrant, but has received no response. In the context of Operation Metro Surge, this pushes a new front: holding prime contractors publicly accountable for whether they stand up to or quietly accommodate federal worksite sweeps on metro building sites.
Public Safety Business & Economy
U.S. freezes immigrant visas from 75 countries, citing 'public charge' risk
The U.S. State Department will suspend processing of immigrant visas from 75 countries beginning Wednesday, Jan. 21, 2026, saying the move is intended to prevent entry of people who would “take welfare and public benefits” and to end “abuse of America’s immigration system.” The freeze applies only to immigrant visas (non‑immigrant tourist and business visas are exempt and expected to surge ahead of the 2026 World Cup and 2028 Olympics) and affects countries including Somalia, Iran, Russia, Nigeria and Brazil, with Somalia’s inclusion explicitly linked in administration messaging to Minnesota’s Feeding Our Future–related benefit fraud scandals.
Immigration & Legal Local Government Business & Economy
Twin Cities doctors say ICE surge is driving patients from hospitals and clinics
Twin Cities doctors say a surge in ICE activity — including visible raids tied to Operation Metro Surge and the law‑enforcement response after the killing of Renee Good — is driving immigrant and mixed‑status families to avoid or delay emergency and routine care, even when seriously ill. Clinicians report patients sometimes discharge themselves early or refuse to give accurate registration information out of fear, which complicates diagnosis, follow‑up and continuity of care and, hospital leaders warn, could undermine public health and lead to preventable deaths.
Health Public Safety Business & Economy
Twin Cities child‑care centers say ICE raids traumatize kids
Child‑care providers across the Twin Cities say recent ICE enforcement actions are traumatizing the children in their care. In response, community leaders have used social‑media mobilization — including a coordinated "Taco Tuesday" campaign urging residents to eat at immigrant‑owned restaurants — to shore up businesses hit by the raids.
Education Public Safety Legal
Union: ICE detaining vetted MSP airport workers
A union says ICE has detained vetted workers at Minneapolis–St. Paul International Airport, prompting hundreds of airport employees to fear coming to work. MSP airport workers plan a 1 p.m. Tuesday news conference to publicly push back against ICE operations, part of a coordinated day of press events alongside educators, students, families, clergy and physicians.
Public Safety Business & Economy Transit & Infrastructure
St. Paul’s Intercontinental and DoubleTree hotels close temporarily after ICE threats, pulling 600+ rooms offline
Two downtown St. Paul hotels—the Intercontinental and DoubleTree, owned by the Mille Lacs Band of Ojibwe—have temporarily canceled rooms for ICE agents and closed citing safety concerns after threats linked to an immigration crackdown. The simultaneous shutdowns remove more than 600 rooms from downtown St. Paul’s lodging inventory.
Business & Economy Public Safety Local Government
Major Minnesota employers stay largely silent as ICE surge hammers Twin Cities immigrants and small businesses
Many of Minnesota’s biggest employers — including Target, Best Buy, U.S. Bank, Medtronic and Cargill — have largely stayed publicly silent or issued only generic statements as ICE’s Operation Metro Surge ramps up enforcement that is hammering Twin Cities immigrants and small businesses. Statewide business groups warn of labor shortages, chilled consumer activity and reputational risk but aren’t openly confronting the administration, and communications experts say the corporate silence is itself becoming a leadership and reputation problem as companies weigh fear of political backlash against their reliance on immigrant workers and customers.
Business & Economy Public Safety Local Government
Big Minnesota employers stay quiet on ICE surge
The Reformer piece reports that as Trump’s immigration crackdown and Operation Metro Surge rattle Minneapolis–Saint Paul neighborhoods, most of Minnesota’s largest employers are either silent or speaking in vague generalities about the situation. Companies like Target, Best Buy, U.S. Bank, Medtronic and Cargill — all deeply tied into the Twin Cities economy and dependent on immigrant workers and customers — have avoided directly criticizing the raids, even as small immigrant‑serving businesses report sales plunges of 50–80% and unions at MSP airport and Hennepin Healthcare warn of fear‑driven staffing problems. Business groups such as the Minnesota Chamber and Hospitality Minnesota concede the enforcement wave is bad for labor and local commerce, but they’re hedging their language, clearly wary of provoking the White House. The article situates that caution in the broader political climate, where Trump has already shown he’s willing to use tariffs, contracts and public attacks as weapons, leaving big employers to quietly lobby behind the scenes while letting smaller neighborhood shops take the public risk. Online, that posture is drawing growing anger from Twin Cities residents who see corporate logos all over immigrant corridors like Lake Street but almost no corporate backbone as ICE and Border Patrol flood those same streets.
Business & Economy Local Government
House Republican formally files impeachment articles against Gov. Walz over fraud oversight
A Minnesota House Republican has formally filed articles of impeachment accusing Gov. Tim Walz of failing to stop and fully disclose widespread fraud in state programs, breaching his oath and mishandling audits and oversight tied to Operation Metro Surge. The sponsor says the resolution will be introduced when the Legislature convenes Feb. 17, with a House majority required to impeach and a two‑thirds Senate vote needed to convict and remove, and both the lawmaker and DFL leaders have offered on‑record statements framing the partisan and constitutional stakes.
Local Government Legal Elections
Minnesota Medicaid audit quietly put all claims in 14 programs under 90‑day payment hold before DHS narrowed to flagged cases
On Jan. 1 the Minnesota Department of Human Services effectively delayed payments for all claims across 14 designated “high‑risk” Medicaid programs as part of a fraud audit ordered by Gov. Tim Walz and funded by the 2025 legislature, triggering immediate cash‑flow crises for many providers. After provider and lawmaker pushback and in keeping with federal 90‑day payment rules, DHS said it would narrow the pause to claims flagged by Optum’s analytics for up to 90 days, refer suspected improper claims to the DHS Office of Inspector General, and roll out enhanced oversight measures — a move that drew sharp criticism from provider groups and legislators.
Local Government Health Business & Economy
Minnesota officials warn Trump’s threatened Medicaid cuts after CMS $2B deferral would endanger vulnerable residents
CMS Administrator Mehmet Oz notified Gov. Tim Walz that the Trump administration will audit Minnesota’s Medicaid receipts and defer roughly $2 billion in payments tied to 14 “high‑risk” programs the state identified as rife with suspected fraud, saying Minnesota’s corrective action plan was inadequate; Walz has paused payments, ordered an Optum analytics audit and other oversight measures while filing a formal appeal accusing CMS of politicizing Medicaid. State officials, frontline caregivers and unions warn the federal hold — and President Trump’s broader threats to cut funding to “sanctuary” states — would endanger seniors and people with disabilities, has prompted provider suspensions and enrollment freezes, and is being challenged in court.
Local Government Health Business & Economy
Federal SAMHSA cuts slash Minnesota addiction and mental‑health funding
The Department of Health and Human Services has formally implemented cuts to SAMHSA, sharply reducing state mental‑health and substance‑abuse block grants and trimming or eliminating multiple grant lines, leaving Minnesota facing a substantial drop in federal behavioral‑health funding for FY2026. State and county officials and providers say the reductions have prompted hiring freezes, program closures and expanded wait lists across Twin Cities treatment and crisis‑response programs, and critics warn those service cuts could jeopardize progress during Minnesota’s current overdose plateau or early decline.
Health Government/Regulatory Business & Economy
Woodbury realtor says ICE held him 9 hours after he filmed agents across Twin Cities
A Woodbury realtor says he followed and filmed ICE agents in public — including a grocery‑store parking lot and his cul‑de‑sac — and was detained by ICE for more than nine hours, alleging agents pulled him from his car, put him in a headlock, threw him to the ground and left him with a black eye and facial abrasions though he was never formally arrested or charged. ICE declined to explain the legal basis for the detention, First Amendment experts say recording law enforcement in public is protected, and the account comes amid DHS’s Operation Metro Surge — a deployment of roughly 2,000 ICE officers (with plans for 1,000 more) that has sparked lawsuits, protests and business community concerns in the Twin Cities.
Public Safety Legal Civil Rights
ICE surge drives St. Paul restaurants to cut hours
Several St. Paul–area restaurants and bars along key immigrant‑heavy corridors are closing on certain days or cutting back evening hours, with owners saying regulars have stopped coming out while ICE and Border Patrol vehicles cruise the streets. Managers describe empty dining rooms during times that were previously busy, staff losing shifts, and a sense that raids and street stops have turned normal business districts into something people are afraid to visit. Some operators told the paper they’re staying open only for daytime or lunchtime service, or shutting down entirely on nights when federal agents have been most visible, to avoid putting customers and workers in the middle of enforcement sweeps. The story fits a wider pattern that’s been playing out across the metro: immigrant‑serving groceries, child‑care centers and other small businesses reporting 50–75% drops in traffic since Operation Metro Surge began, even when most customers are citizens or legal residents. On social media, you’re seeing a split — immigrant communities calling this ‘terrorizing the neighborhood’ and pledging boycotts of chains seen as cooperating with ICE, while some law‑and‑order voices dismiss the closures as political theater — but the cash registers don’t lie: these places are bleeding revenue and cutting jobs because people are too scared to show up.
Business & Economy Public Safety Local Government
Top fraud prosecutor Joe Thompson, five others quit Minnesota U.S. Attorney’s Office amid ICE‑widow probe dispute
First Assistant U.S. Attorney Joe Thompson — the office’s top fraud prosecutor who led high‑profile cases including Feeding Our Future and major Medicaid/housing fraud probes — resigned along with five other assistant U.S. attorneys after internal pressure from Washington to open a criminal investigation into the widow of an ICE shooting victim that Thompson and colleagues deemed improper. The departures, which Fox 9 named Melinda Williams, Harry Jacobs and Thomas Calhoun‑Lopez among those leaving, have raised concerns about politicization, drawn criticism from Gov. Tim Walz, and could force reassignments or delays in key fraud prosecutions.
Legal Public Safety Local Government
Target silent after ICE detains two U.S. citizen employees
A Minneapolis-area Target store became the scene of another controversial ICE operation when federal agents detained and dragged away two Target employees who are both U.S. citizens, according to a Business Journal report. The retail giant has not issued any public statement or internal explanation about the detentions, even as business groups and local officials warn that visible immigration raids at stores, gas stations and malls are chilling consumer traffic and destabilizing workplaces across the Twin Cities. The incident adds a new flashpoint to Operation Metro Surge, the Trump administration’s deployment of hundreds of federal immigration agents to the metro, and deepens questions about how accurately ICE is identifying its targets and what responsibilities large employers like Target have to protect or at least inform their workers. The case is already being cited by legal-technology startup TurnSignl, which reports a spike in sign‑ups from people worried about encounters with law enforcement and ICE, and by business advocates who say this kind of enforcement inside or just outside major retailers is bad for both worker safety and the regional economy.
Business & Economy Public Safety Legal
Eight charged in Housing Stabilization fraud; DHS suspends Liberty Plus HCBS license tied to defendant Anwar Adow
Eight people were federally charged with wire fraud for allegedly stealing millions from Minnesota’s Medicaid Housing Stabilization Services program — prosecutors say the charges in this set total more than $8 million, one defendant has pleaded guilty, and investigators executed raids in July as the program’s costs ballooned to $302 million over five years. Authorities allege the conspirators diverted funds into real estate in Kenya, luxury cars and personal expenses through companies including Liberty Plus LLC, and Minnesota DHS has suspended and will revoke an HCBS license tied to defendant Anwar Adow after alleging he directed inflated billing and diverted about $1.2 million for roughly 200 clients.
Housing Legal Health
Ellison vows lawsuit over Minnesota‑only SNAP cut
Minnesota Attorney General Keith Ellison says he will sue the Trump administration over what he describes as an unlawful, Minnesota‑specific cut to SNAP funding that would reduce or jeopardize benefits for low‑income residents here while other states continue to receive full payments. Ellison argues the administration is targeting Minnesota punitively, not based on neutral eligibility rules, and says his office is preparing a federal complaint to block the reduction before it hits families’ February and March benefits. The threatened cut comes on top of shutdown‑related delays and earlier USDA fights over work rules and data‑sharing, and food‑shelf operators in the Twin Cities are already warning they cannot absorb another wave of displaced demand. The lawsuit, once filed, would join a growing list of legal clashes between Minnesota and federal agencies over SNAP and child‑nutrition funding and could determine whether roughly 450,000 Minnesota recipients — many in Minneapolis and St. Paul — see their grocery money slashed in the middle of winter.
Legal Health Business & Economy
Allegiant–Sun Country merger: CEO says more budget MSP flights coming
Allegiant is buying Sun Country in a $1.5 billion cash-and-stock deal, with the combination framed as a 2026 merger that will keep a significant presence at MSP’s Terminal 2. Sun Country CEO Jude Bricker says the tie-up is a growth opportunity that will bring more budget flights out of Minneapolis–Saint Paul and expand routes — including new international destinations — from the airport.
Business & Economy Transit & Infrastructure
CMS to defer $3.75B and Minnesota freezes new enrollment in 13 high‑risk Medicaid programs after fraud concerns
Minnesota has ended its Medicaid-funded Housing Stabilization Services program amid FBI probes and widespread suspected fraud — DHS says more than 700 providers received over $100 million in HSS payments last year (far above initial estimates), that CMS approved the termination, and that it is coordinating with counties, tribes and managed-care organizations to redirect affected participants. As part of Gov. Tim Walz’s program‑integrity push, DHS has also imposed an immediate, statewide freeze on new provider enrollment and some service expansions across 13 designated high‑risk Medicaid programs while federal and state audits (including a legislatively ordered third‑party audit) review billing and oversight; officials say current clients should continue receiving services.
Health Housing Local Government
Minnesota freezes new providers in 13 Medicaid programs amid fraud probe
Minnesota’s Department of Human Services has imposed an immediate freeze on new provider enrollment across 13 Medicaid-funded programs it deems at high risk for fraud, saying current clients should keep receiving services while the state and federal government audit billing and tighten oversight. The move, announced Jan. 8, 2026, follows the shutdown of Housing Stabilization Services and CMS’s decision to defer payment on billions in claims, and will slow or block new providers and some service expansions in programs heavily used by Twin Cities residents, including disability, personal care and housing supports.
Health Local Government Business & Economy
Lakeville Hampton Inn stripped of Hilton branding; exterior signage removed after ICE booking refusals
Hilton has removed its branding from the Hampton Inn in Lakeville and the property's exterior Hampton signage was taken down after ICE and DHS said the hotel refused to book immigration‑enforcement agents. DHS provided emails showing reservations were canceled because of "immigration work," and after Hilton apologized and initially pledged corrective action, the company cut ties and began removing the property from its system following undercover video showing staff still denying ICE/DHS bookings; the hotel will continue operating under its current ownership without Hilton/Hampton branding while the situation is reviewed.
Public Safety Business & Economy Legal
Six charged as Minnesota Medicaid probes expand
Six people have been charged as federal investigations into Minnesota’s multibillion‑dollar Medicaid and human‑services programs expand, prompting Attorney General Pam Bondi to send a dedicated team of additional DOJ prosecutors to bolster the U.S. Attorney’s Office. Officials say the move responds to suspected widespread, complex financial fraud—Assistant U.S. Attorney Joe Thompson estimates losses in 14 vulnerable programs since 2018 could exceed $9 billion—and federal authorities vow “severe consequences” as they pursue broader cases beyond the initial indictments.
Legal Health Local Government
AG Pam Bondi sends more DOJ prosecutors to Minnesota fraud cases, vows severe consequences
Attorney General Pam Bondi announced that the Department of Justice is sending additional prosecutors to Minnesota to temporarily augment the U.S. Attorney’s Office and help handle a surge of fraud cases, with staff pulled from other DOJ components. Bondi described the deployment as a major escalation in enforcement and warned those convicted in the Minnesota fraud prosecutions should expect "severe consequences."
Legal Local Government Business & Economy
St. Paul Downtown Development Corporation completes full acquisition of U.S. Bank Center
The St. Paul Downtown Development Corporation has completed the acquisition and closed on full fee ownership of the U.S. Bank Center at 101 E. 5th St., finalizing a process that began with a late‑2025 mortgage purchase and closed Dec. 30, 2025, using only private funding. The 25‑story, roughly 516,000‑square‑foot tower (with a 348‑stall parking ramp) will now be directly controlled by SPDDC for leasing, redevelopment and tenant recruitment, a move Mayor Kaohly Her and SPDDC say will help bridge the entertainment district and Lowertown and stabilize the downtown core.
Business & Economy Real Estate Housing
Anoka-Hennepin teachers, district reach tentative deal, avert Jan. 8 strike
The Anoka-Hennepin School District and Anoka-Hennepin Education Minnesota reached a tentative contract agreement around 5 a.m. Wednesday after a 20-hour mediation session, preventing a teacher strike that had been set to begin Thursday, Jan. 8. The deal, which still must be ratified by union members and approved by the School Board, covers about 3,200 educators across 52 schools and ensures classes and activities will continue as scheduled while detailed terms have not yet been released.
Education Business & Economy Local Government
Audit finds widespread oversight failures in Minnesota substance‑abuse grants
A new report from Minnesota’s Office of the Legislative Auditor finds the DHS Behavioral Health Administration failed to adequately oversee millions in substance‑abuse grants between July 2022 and December 2024, with systemic compliance problems in 63 of 71 audited grants and documentation issues in 11 of 18 tested payments. Auditors highlight a $672,647 one‑month payment a grantee could not support with invoices or participant records, steep mid‑stream grant increases (including one from $600,000 to $5.6 million), and a grant manager who approved the large payment, then left DHS days later to consult for that same provider. In response, BHA says it is restructuring oversight, creating a Central Grants Office and tightening monitoring of contracts and grants, changes that will affect Twin Cities treatment providers and clients who rely on these services.
Health Local Government Business & Economy
UCare collapse: Medica takeover, $170M in unpaid claims to Fairview and Allina raise receivership questions
UCare is winding down and Minnetonka-based Medica will take over roughly 300,000 UCare members — the bulk of its business — absorbing all 2026 Medicaid and individual/family plans in Minnesota and western Wisconsin with the transfer expected in Q1 2026 pending regulatory approval; officials say coverage will continue without interruption and MNsure expects no change in 2026 plan coverage or costs. Meanwhile, Fairview and Allina say UCare owes about $170 million in unpaid claims and have filed to intervene in the state receivership, criticizing regulators for providing “scant details” about how UCare’s roughly $400 million in reserves will be used and when providers will be paid, while the Department of Commerce says payments are subject to statutory review and court approval.
Health Business & Economy Legal
Feds freeze Minnesota child-care funds; state launches added on‑site checks at 55 providers
Federal officials have frozen Minnesota’s child-care funds amid allegations from senior HHS leaders — echoed by increased congressional scrutiny — that scammers and fake daycares siphoned millions over the past decade. In response, Minnesota’s Department of Children, Youth and Families says its Office of Inspector General, working with BCA agents, will begin immediate on‑site compliance visits at 55 providers now under investigation (including four featured in a viral video), and that DCYF and providers learned of the HHS freeze at the same time as the public while the state has until Jan. 9 to provide additional information.
Legal Local Government Business & Economy
Gov. Tim Walz won’t seek third term; fraud fallout and Trump attacks shape 2026 field
Gov. Tim Walz announced he will not seek a third term in 2026, reversing earlier intentions and saying 2025 has become "an extraordinarily difficult year" — citing a statewide fraud crisis and sustained political attacks from President Donald Trump and allies that he says have left him unable to mount a full campaign; Walz defended his administration’s fraud response, including seeking new legislative tools, firing staff, prosecuting offenders, cutting funding streams tied to criminal activity and hiring a statewide head of program integrity. His exit reshapes the 2026 race: Democrats have no clear frontrunner though Sen. Amy Klobuchar is reportedly considering a run (with Secretary of State Steve Simon also floated and Rep. Dean Phillips saying he won’t run), while a crowded GOP field — including House Speaker Lisa Demuth, Mike Lindell, Rep. Kristin Robbins, Minneapolis attorney Chris Madel, former Sen. Scott Jensen, Brad Kohler, Kendall Qualls, Jeff Johnson and Phillip Parrish — has already formed amid sharp reactions from DFL leaders blaming Trump-era attacks.
Elections Local Government Business & Economy
U.S. House Oversight Committee calls on Walz to testify in Minnesota fraud probe
House Oversight Chair James Comer has asked Gov. Tim Walz to testify at a Feb. 10, 2026 hearing (with an initial session Jan. 7) into alleged large‑scale fraud in Minnesota social‑services programs, accusing state leaders of being “asleep at the wheel or complicit.” Federal prosecutors and the FBI say fraud in 14 high‑risk Medicaid programs — roughly $18 billion in spending since 2018 — could be in the multi‑billion‑dollar range, while the Walz administration and state auditors say they’ve only documented tens of millions to date and are coordinating cross‑agency audits and investigations amid mounting political pressure.
Legal Local Government Business & Economy
Minnesota paid leave logs 11,883 applications in first week; two-thirds approved
Minnesota’s new Paid Family and Medical Leave program logged 11,883 applications in its first week (including early bonding filings), and DEED has reviewed 6,393 so far, approving roughly two‑thirds of processed claims; early filings included about 1,448 bonding, 1,449 medical, 274 caregiving, 6 safety and 3 military‑family claims. The program — projected to serve about 130,000 claimants in year one at an estimated $1.6 billion cost and funded by a 0.88% payroll tax (employers may collect up to ~0.44% from employees) — requires $3,900 in prior‑year earnings, pays 55%–90% of wages up to $1,423/week with event caps (12 weeks per event, 20 weeks combined), and uses layered fraud controls including LoginMN ID verification with a live selfie, provider certification and EHR checks, unemployment‑data matching, analytics and random audits.
Business & Economy Technology Local Government
SBA suspends 6,900 Minnesota PPP/EIDL borrowers, flags $400M for fraud review
The SBA’s internal review flagged roughly 7,900 PPP and EIDL loans in Minnesota totaling about $400 million as suspected fraud and has suspended 6,900 borrowers from all SBA programs. Under current SBA policy those suspensions amount to permanent bars to future SBA participation, and the agency said it will refer the cases to federal law enforcement for potential prosecution and recovery, coordinating with a broader federal fraud probe of Minnesota-administered programs.
Business & Economy Legal Local Government
Half of Skyline Tower residents return; St. Paul adds loan program as west tower repairs continue
About five days after a Sunday fire and resulting power outage at the 24‑story Skyline Tower in St. Paul, roughly half of the building’s 773 residents have returned — all 141 households in the east tower — after the city cleared the structure, while the west tower remains closed for repairs following significant sprinkler water damage. St. Paul has added a loan program to help residents displaced or financially affected by the evacuation with housing and recovery costs, supplementing aid from CommonBond, the Red Cross and other supports; investigators say the blaze activated sprinklers on the 12th–14th floors, knocked out heat, water and elevators, no injuries were reported, and the cause remains under investigation.
Utilities Local Government Housing
Somali-run Nokomis Daycare vandalized and burglarized as Trump administration freezes Minnesota child-care funds
Somali-run Nokomis Daycare in Minneapolis was reportedly broken into and vandalized in a burglary. The incident occurred as the Trump administration has frozen Minnesota’s child‑care payments and stepped up federal fraud scrutiny, and operators say they feel singled out, deny wrongdoing and point to their inspection history.
Public Safety Legal Business & Economy
Ex‑treasurer charged with $110K theft from Plymouth–Wayzata youth softball group
Hennepin County prosecutors have charged Kristin Allyenne Williams, 52, of Maple Grove with felony theft by swindle, alleging she stole more than $110,000 from the Plymouth Wayzata Youth Softball Association between August 2020 and February 2025. According to the criminal complaint, Williams was the only person with online access and a debit card for the nonprofit’s U.S. Bank account and is accused of making unauthorized ATM withdrawals at Mystic Lake and Little Six casinos and falsifying financial reports to the volunteer board, which later learned the IRS had revoked the group’s tax‑exempt status after three years of unfiled returns and vendors and coaches went unpaid.
Public Safety Legal Business & Economy
New 2026 federal tax rules for tips, overtime, seniors
A FOX 9 guide outlines how President Donald Trump’s 2025 One Big Beautiful Bill Act changes 2025 federal income tax filing for 2026, including temporary deductions that can effectively shield up to $25,000 in tips and $12,500 in overtime pay ($25,000 for joint filers), a new $6,000 senior deduction for qualifying older adults, and deductibility of up to $10,000 in car‑loan interest on U.S.-assembled vehicles. The law also raises the Child Tax Credit from $2,000 to $2,200 per child and ends the IRS Direct File pilot for 2026, meaning Twin Cities filers must use other e‑file or paid-prep options by the April 15, 2026 deadline.
Business & Economy Local Government
Minnesota paid family leave, break rules begin Jan. 1
Minnesota’s Paid Family and Medical Leave law took effect Jan. 1, 2026, allowing most workers statewide to claim up to 20 weeks of paid leave per year—12 weeks for their own medical needs and 12 for family or safety reasons—with wage replacement generally between 55% and 90% of normal pay, capped at about $1,423 per week. Eligibility requires at least $3,900 in prior‑year earnings and excludes certain groups such as federal and tribal employees, postal and railroad workers, seasonal hospitality workers, independent contractors and the self‑employed, while a separate new law now guarantees at least a 15‑minute rest break every four hours and a 30‑minute meal break every six hours for Minnesota employees. Employers can withhold up to 0.44% of wages to help fund the program, leave can be taken in blocks or intermittently, and most workers are entitled to return to the same or an equivalent job after 90 days on the job, with retaliation prohibited.
Local Government Business & Economy Education
GOP collaboration with YouTuber heightens fallout from viral Minnesota day-care fraud video
House Republicans acknowledged working with YouTuber Nick Shirley on a viral video alleging roughly $110 million in Minnesota day‑care fraud — a piece that drew federal attention (DHS/HSI) and comes amid an HHS freeze on about $185 million in child‑care payments and door‑to‑door state investigations; GOP staff said they provided some information while DFL leaders called the effort a political stunt. State child‑care officials say the 10 centers named have been inspected at least once in the past six months and are being re‑reviewed, reporting children present and headcounts matching licenses with no findings of fraud so far, while some centers are closed and providers have publicly denied wrongdoing.
Public Safety Local Government Legal
Minneapolis distributor recalls hundreds of items over rodent contamination
The FDA has ordered Minneapolis-based Gold Star Distribution, Inc. to recall all regulated products—including drugs, medical devices, cosmetics, dietary supplements and shelf-stable foods—after inspectors found rodents, rodent urine and bird droppings in warehouse areas where items for humans and pets were stored. The recall, which affects hundreds of products such as JIF peanut butter, Pringles, rice and ramen distributed to more than 50 stores statewide, warns of potential Salmonella and other contamination and urges consumers and retailers to destroy affected items; frozen and refrigerated products shipped directly from manufacturers are not included, and no illnesses have been reported so far.
Health Public Safety Business & Economy
St. Paul bans cryptocurrency kiosks; Bitcoin Depot sues to overturn ordinance
On Nov. 19 the St. Paul City Council adopted a 6–1 ordinance, led by Council President Rebecca Noecker, banning cryptocurrency kiosks citywide — a move Council Members Saura Jost and Cheniqua Johnson said was prompted by presentations on scams, with the city home to at least 32 kiosks and Minnesota reporting 51 kiosk-related scams totaling about $700,000; Council Member Anika Bowie cast the lone dissenting vote, saying a ban would simply shift the problem to neighboring cities. Bitcoin Depot, which had spoken at the St. Paul hearing and previously sued over Stillwater’s similar ban, has now filed suit seeking to block enforcement of St. Paul’s ordinance, arguing it is preempted by state or federal law and unlawfully interferes with its business.
Legal Local Government Public Safety
St. Paul grocer adds free delivery amid ICE fears
Bymore Mercado, a grocery store in St. Paul, says it lost about 75% of its customers within days of the federal immigration crackdown that began Dec. 1 in the Twin Cities, after many patrons — including U.S. citizens and legal residents — became afraid to leave home and risk encountering ICE agents. In response, the store launched a free delivery service with volunteer drivers and is using roughly $8,000 raised on GoFundMe to cover groceries for customers who cannot pay, pledging to continue the program as long as needed.
Business & Economy Public Safety Housing & Immigration
UnitedHealth to cut MN Medicare Advantage counties from 72 to 27 in 2026; UCare exits; Blue Cross maintains statewide coverage via MA/Cost
UnitedHealth will sharply scale back Medicare Advantage in Minnesota in 2026 — cutting its footprint from 72 counties to 27 as part of a national exit from 109 counties that may affect up to 180,000 members — while Blue Cross and Blue Shield of Minnesota will continue to offer Medicare options in all 87 counties through MA plans in 66 counties and Medicare Cost plans in the remaining 21; UCare is exiting Medicare Advantage entirely. Affected beneficiaries may revert to original Medicare A/B and lose MA benefits such as prescription drug coverage, but options include guaranteed-issue Medigap for those whose MA plans are terminated and standalone drug plans with premiums cited roughly $0 to $101–$117; UCare’s abrupt, court‑ordered wind‑down after large losses has left about 2,500 Medigap members scrambling to secure replacement coverage on short notice.
Business & Economy Health
UCare collapse forces 2,500 Medigap members to switch plans by Jan. 1
UCare’s financial freefall has led the Minnesota Department of Health to place the Twin Cities‑based health plan into court‑supervised receivership, and about 2,500 of its Medicare Supplement policyholders now have only days over the holiday season to secure new coverage or risk a gap starting Jan. 1, 2026. After a record surplus in 2022, UCare lost roughly $500 million by the end of 2024 and told regulators it could not pay its debts without a merger, but members say they were initially assured their Medigap policies would be unaffected by the planned transition to Medica before receiving last‑minute cancellation notices.
Health Business & Economy
98 Minnesota mayors warn state that fraud, mandates and cuts are driving 2026 levy hikes
Ninety‑eight Minnesota mayors sent a joint letter to the governor and legislative leaders warning that “widespread fraud,” unfunded state mandates, cuts and broader fiscal mismanagement are forcing cities into higher 2026 property‑tax levies, constraining public‑safety staffing and delaying infrastructure projects. Preliminary Department of Revenue data and local reports show proposed 2026 levies could rise roughly $948 million statewide (preliminary increases up to about 6.9%, with average city proposals around 8.7% and county proposals up to 8.1%), every county proposing increases (some double‑digit), with truth‑in‑taxation meetings set for Nov.–Dec., final levies due Dec. 29 and final statewide totals released after the February forecast.
Local Government Business & Economy
Anoka-Hennepin teachers set Jan. 8 strike date
Anoka-Hennepin Education Minnesota has filed a formal intent-to-strike notice with the Minnesota Bureau of Mediation Services, setting Jan. 8 as the earliest possible date for a teachers’ strike if no contract agreement is reached. The union, representing educators in the Twin Cities’ largest district, says rising health-insurance costs and pay are the main sticking points, while the school board says it remains committed to negotiating through mediation and will hold a special meeting to discuss the labor situation.
Education Business & Economy Local Government
Ninety‑eight Minnesota mayors warn state on fraud, mandates and rising costs
A coalition of 98 Minnesota mayors sent a joint letter to state leaders Monday warning that widespread fraud, unfunded mandates and rising costs are driving up local property‑tax levies, limiting public safety staffing and delaying infrastructure work, and citing the swing from an $18 billion surplus to a projected $2.9–$3 billion 2028–29 deficit as evidence of poor fiscal management. The mayors say many cities face 2026 levy hikes averaging 8.7% and counties up to 8.1%, and urge the state to change course to avoid 'taxing our families, seniors, and businesses out of Minnesota.'
Local Government Business & Economy
Knight Foundation gives $2M to St. Paul library nonprofit
The Knight Foundation awarded a $2 million grant to the Friends of the St. Paul Public Library, according to a Dec. 21 report. The funding supports the nonprofit partner of the city’s public library system in St. Paul; details on specific uses were not included in the report.
Business & Economy Education
Menards pays $632K in Minnesota settlement
Minnesota reached a $632,000 settlement with Menards resolving state allegations tied to the company’s rebate program and pandemic‑era pricing practices. The agreement, announced Dec. 19, 2025, applies statewide — including Twin Cities stores — and concludes the state’s consumer‑protection investigation into the retailer.
Legal Business & Economy
Trump secures drugmaker deals to cut Medicaid prices
President Donald Trump said Friday his administration reached agreements with nine additional major drugmakers — bringing 14 of the 17 largest firms on board — to a 'most‑favored‑nation' pricing initiative aimed at keeping Medicaid drug costs at or below prices in other high‑income countries. The deals also include a combined $150 billion in new U.S. investment commitments and contributions of active pharmaceutical ingredients to a federal reserve, with a new TrumpRX.gov site set to launch in January 2026.
Health Business & Economy Local Government
Roundhouse buys 158-unit North Loop apartments
Boise-based Roundhouse acquired a 158-unit apartment building in Minneapolis’ North Loop for at least $47 million, according to the Minneapolis/St. Paul Business Journal on Dec. 19, 2025. The deal underscores continued investor interest in the North Loop amid strong rent growth.
Business & Economy Housing
MSP expects 4% holiday travel increase
The Metropolitan Airports Commission says Minneapolis–Saint Paul International Airport will see about a 4% year-over-year rise in holiday traffic, with roughly 763,000 passengers expected to clear security and about 1.8 million total travelers from Dec. 19, 2025 to Jan. 5, 2026. The busiest pre‑Christmas day is forecast to be Friday, Dec. 19 (nearly 43,000 screenings; 445 departures), with even higher post‑holiday screening volumes topping 50,000 on Dec. 26 and Dec. 28; travelers should expect busy roadways, ramps and terminals.
Transit & Infrastructure Business & Economy
Developer seeks $3.5M St. Paul loan for Grand/Victoria project
A developer has asked the City of St. Paul for a $3.5 million loan to help finance a mixed-use housing and retail project at Grand Avenue and Victoria Street. On December 18, 2025, the St. Paul City Council approved creation of a $9 million tax-increment financing district for the same area, a larger public-financing step than the earlier loan request.
Housing Business & Economy Local Government
FTC settles with Instacart; pricing probe continues
The FTC reached a settlement with Instacart over alleged deceptive practices, and the company is also facing a separate investigation into its pricing. Announced Dec. 18, 2025, the actions apply nationwide and could affect Instacart users in the Twin Cities through potential policy changes, refunds, or pricing adjustments.
Legal Business & Economy Technology
Trump orders marijuana reclassification to Schedule III
President Trump signed an executive order to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act. Experts say Schedule III status would formally recognize accepted medical use and expand federal research, allow cannabis businesses to claim standard federal tax deductions (mitigating IRS 280E impacts), and could reduce certain criminal penalties, though political opposition remains.
Business & Economy Health Legal
Anoka-Hennepin teachers vote on strike
Teachers in Minnesota’s largest district are voting through Saturday on whether to authorize a strike after working without a contract since June 30. Union leaders cite no agreed pay increase and an average 22% jump in health insurance costs that could cut take‑home pay by $95–$400 per paycheck; if approved, more than 3,000 teachers and licensed staff could strike in early January, as talks stalled after a Dec. 3 mediation session.
Education Business & Economy
After Senate rejection, House Speaker rules out ACA subsidy vote; 2026 lapse more likely
After the Senate voted down both a Democratic plan to extend enhanced ACA premium subsidies and a Republican alternative—and with Senate Republicans unveiling a plan that does not include the extensions—the likelihood the enhanced subsidies will lapse for the 2026 plan year has risen, threatening steep premium increases for millions nationally (including about 89,000 MNsure recipients and up to 24 million exchange enrollees). House Speaker Mike Johnson said Dec. 16 the House will not take up a subsidy-extension vote and will instead press a GOP health‑care plan, closing near‑term congressional paths despite a White House draft to extend subsidies for two years with eligibility caps and minimum premiums.
Government/Regulatory Local Government Health
Minnesota jobless rate rises to 4.6%
A delayed Minnesota jobs report released Dec. 16 shows the state’s unemployment rate ticked up to 4.6% while total employment increased by 64,000. The update provides the latest snapshot of statewide labor conditions that directly affect the Twin Cities job market.
Business & Economy
Washington County adopts 2026 levy at 6.95%, lowest in metro
On Dec. 16, 2025, the Washington County Board approved the final 2026 property‑tax levy at a 6.95% increase. That rate is the lowest levy increase among counties in the Twin Cities metro area.
Business & Economy Local Government
MSP reassesses disadvantaged business programs after rule change
The Metropolitan Airports Commission says it is reevaluating which firms qualify for its disadvantaged business programs at Minneapolis–Saint Paul International Airport after a federal rule under the Trump administration eliminated race and gender as factors for determining economic disadvantage. The review could affect certification and future contracting opportunities at MSP; updated criteria and timelines were not immediately disclosed.
Business & Economy Local Government Transit & Infrastructure
Dakota County adopts 2026 budget with 9.9% levy increase
Dakota County scheduled a Tuesday meeting to serve as the public hearing/Truth‑in‑Taxation step on a proposed 9.9% increase to the 2026 property‑tax levy. At its Dec. 16, 2025 meeting the County Board approved the final levy at 9.9% and adopted the 2026 budget.
Business & Economy Local Government
Ramsey County adopts 8.25% final levy, trims operating budget
Ramsey County initially set a preliminary 9.75% property-tax levy and scheduled a truth-in-taxation hearing to take public comment and provide information. After that process the county board adopted a final 2026 levy increase of 8.25% and approved a reduced operating budget, replacing the earlier preliminary levy.
Local Government Business & Economy
Kia, Hyundai AG settlement: free ignition protectors, immobilizers going forward, up to $4,500 for MN theft victims
Minnesota Attorney General Keith Ellison announced a settlement with Kia and Hyundai requiring the automakers to repair millions of vehicles to fix anti-theft technology, include industry-standard engine immobilizers on all future vehicles, and offer eligible owners a free zinc-reinforced ignition cylinder protector installed at authorized dealers; the companies will also pay up to $4.5 million in consumer restitution and $4.5 million to states to offset investigation costs. Victims of qualifying thefts occurring after April 29, 2025 (or before protector installation but by March 31, 2027) can seek up to $4,500 if the car had received the software upgrade or had a scheduled appointment, a settlement announced amid a surge in Twin Cities Kia/Hyundai thefts — 3,293 in 2022 with Minneapolis and St. Paul seeing 836% and 611% year-over-year increases.
Business & Economy Public Safety Legal
Feds to review Minnesota benefits programs over fraud
Federal officials have announced a targeted review of Minnesota benefits programs amid concerns about fraud in unemployment and nutrition assistance. As part of that review, the U.S. Department of Labor is sending an on‑site team to investigate potential unemployment insurance fraud.
Business & Economy Local Government Legal
Hennepin County to pay $370K in back wages
Hennepin County is paying $370,000 in back wages to security guards employed by a subcontractor on county contracts after determining they were underpaid under county labor standards. The county said the payout will make affected workers whole for work performed at county sites; details on the vendor and the number of workers were not immediately disclosed.
Local Government Business & Economy
Minnesota sets new rest, meal break minimums Jan. 1
Beginning Jan. 1, 2026, Minnesota law requires employers to provide at least a 15‑minute rest break (or enough time to reach the nearest restroom, whichever is longer) within each four consecutive hours worked, and a minimum 30‑minute meal break for every six consecutive hours. The change, part of several laws taking effect statewide, also coincides with other updates noted by officials, including higher watercraft surcharges and an end to shotgun‑only deer hunting zones.
Local Government Business & Economy
Walz appoints statewide fraud‑prevention director and launches program‑integrity push
Gov. Tim Walz on Dec. 12, 2025, formally appointed a statewide fraud‑prevention director and announced a program‑integrity initiative. The effort is intended to strengthen anti‑fraud oversight and coordination across state agencies.
Legal Business & Economy Local Government
Judge OKs asset pursuit in Normandale debt case
A judge ruled MidWestOne Bank can pursue the personal assets of a New York real‑estate executive who guaranteed $36 million in loans tied to a Normandale Lake office tower in Bloomington. The decision advances the bank’s recovery efforts in the high‑stakes commercial real‑estate dispute involving a prominent Twin Cities property.
Legal Business & Economy
Andersen to pay $52.2M in profit sharing
Bayport-based Andersen Corp. will pay $52.2 million in profit-sharing payouts for 2025. The 2025 checks are smaller than in 2024, when Andersen paid an average of $3,923 per worker.
Employment Business & Economy
House votes to void Trump federal union order
The U.S. House on Dec. 11 voted to nullify a Trump executive order that curtailed collective‑bargaining rights for federal employees, a step that would restore bargaining rights if enacted. The measure now heads to the Senate and, if it becomes law, would directly affect thousands of federal workers in the Twin Cities at agencies operating in the Minneapolis–Saint Paul metro.
Legal Business & Economy
DOT: No hotel/meals owed for recall disruptions
The U.S. Department of Transportation said Dec. 11 that airlines are not required to cover passenger expenses like hotels, meals, or ground transportation when flights are disrupted by manufacturer aircraft recalls or groundings. The clarification, following recent Airbus A320-family issues, still leaves passengers eligible for refunds on canceled flights under federal rules; Twin Cities travelers at MSP should expect airlines may offer goodwill aid but are not obligated to pay incidental costs in recall situations.
Transit & Infrastructure Business & Economy
SPDDC buys Empire & Endicott; tenant search set for 2026
St. Paul Downtown Development Corp. has purchased the Empire Building and the Endicott Arcade in downtown St. Paul. The organization says it will reutilize the Empire Building as part of a downtown stabilization strategy and will begin work in 2026 to identify commercial and retail users for the Endicott Arcade.
Housing Business & Economy
30‑year mortgage rate edges up to 6.22%
Freddie Mac’s weekly survey shows the average U.S. 30‑year fixed mortgage rate ticked up to 6.22% as of Dec. 11, 2025, while remaining close to this year’s lows. The move influences home affordability and refinancing for Minneapolis–Saint Paul households heading into the winter housing market.
Business & Economy Housing
Andersen to buy 1,000‑employee Bright Wood
Bayport-based Andersen Corp. said Dec. 10 it will acquire Bright Wood Corp., a Pacific Northwest window‑component manufacturer with about 1,000 employees that has been family‑owned for more than six decades. Andersen also plans to bring in a former competitor’s CEO to lead the operation, signaling integration and leadership changes tied to the deal.
Business & Economy
Daikin Applied building $163M Twin Cities R&D facility
Daikin Applied Americas announced plans to build a $163 million research-and-development facility in the Twin Cities, focusing on advanced cooling needs driven by the growth of artificial intelligence and cloud computing. The project adds a major corporate investment to the metro’s tech and manufacturing ecosystem; further details on site, timeline and hiring were not disclosed in the preview.
Business & Economy Technology
Boston Scientific buys Maple Grove facility for $188M
Boston Scientific has purchased a newly built facility in Maple Grove for $188 million, further expanding its presence in the northwest Twin Cities metro. The deal underscores continued investment by the medtech giant in its local operations; additional details about the building and any staffing plans were not immediately available.
Business & Economy Real Estate
FAA eases nationwide flight cuts to 3%; MSP still under limits
The FAA has scaled back its mandated flight‑capacity reductions at 40 major U.S. airports from a planned 10% ramp (held at 6%) to 3% as controller attendance improved, but the order — in effect since Nov. 7 amid unpaid air traffic controllers, staffing shortages and missed paychecks — remains in place and continues to limit operations at Minneapolis–Saint Paul International (MSP). The cuts and earlier staffing shortfalls have caused widespread delays and thousands of cancellations nationwide (dozens at MSP), prompted airlines to offer refunds and waivers, and spurred an FAA probe into carriers’ handling of the reductions.
Government & Politics Transit & Infrastructure Government
AG Ellison to mediate UMN–M Physicians–Fairview talks; parties resume negotiations
The University of Minnesota, Fairview Health Services and M Physicians agreed to resume talks over the medical school’s future funding and clinical partnership with Minnesota Attorney General Keith Ellison managing the negotiations and naming a team to assist and help select a mutually agreed mediator. The move follows a contentious standoff — Fairview and M Physicians had announced a roughly $1 billion, “foundational and binding” framework they aim to finalize by end of 2025, while UMN regents unanimously criticized the pact as an overreach (calling it a “hostile takeover”), passed a resolution directing negotiations with the university and prompted the removal of M Physicians leader Dr. Greg Beilman from a UMN vice president post.
Local Government Health Business & Economy
MMB forecast: $2.4B surplus now, nearly $3B 2028–29 shortfall
Minnesota Management and Budget’s new forecast shows a near‑term surplus of about $2.4 billion — roughly $549 million higher than previously estimated — but predicts a nearly $3 billion shortfall in the 2028–29 biennium, driven largely by rising health‑care costs. Gov. Tim Walz cautioned that federal tariffs and health‑care changes add uncertainty while saying the budget remains on solid footing; the outlook has swung since March’s roughly $6 billion projected shortfall and the June special session that trimmed the biennial budget from $72 billion to $66 billion (post‑session estimates briefly cut the out‑year gap to about $1.1 billion before federal changes were factored in).
Local Government Business & Economy
$1,000 'Trump Accounts' for 2025–2028 newborns
A new federal program will deposit $1,000 into investment accounts for all U.S. babies born 2025–2028 once parents open an account, with funds invested in low‑fee U.S. stock index funds and accessible at age 18 for restricted uses such as tuition, a home down payment or starting a business. Michael and Susan Dell also pledged $6.25 billion to add a $250 seed for some children age 10 and under in lower‑income ZIP codes who don’t qualify for the $1,000, changes that directly affect eligible Twin Cities families.
Business & Economy Education
30-year mortgage rate falls to 6.19%
Freddie Mac’s weekly survey on Thursday, Dec. 4, reported the average U.S. 30-year fixed mortgage rate dipped to 6.19%, near its low for 2025. The move could modestly improve affordability for Minneapolis–Saint Paul buyers and refinancing prospects for some homeowners as the housing market heads into winter.
Business & Economy Housing
St. Paul sets hearing on 5.3% 2026 levy
The St. Paul City Council scheduled a Truth in Taxation hearing on a proposed 5.3% increase to the 2026 property‑tax levy. On Dec. 3, 2025 the council voted to adopt that 5.3% levy and approved $6.7 million in budget changes.
Local Government Business & Economy
St. Paul approves 5.3% 2026 levy, $6.7M budget changes
The St. Paul City Council on Dec. 3, 2025 approved a 5.3% increase to the city’s 2026 property‑tax levy and adopted $6.7 million in changes to the municipal budget. The vote finalizes next year’s tax rate and spending plan, directly impacting city services and property‑tax bills for St. Paul residents.
Local Government Business & Economy
BAE wins $22M Navy deal; Twin Cities work
BAE Systems secured a $22 million U.S. Navy contract that could grow to as much as $317 million, with engineering and program support to be performed in the Twin Cities. The award brings new defense-related work to the metro and could impact staffing and operations at BAE’s local facilities.
Business & Economy Technology
Trump student-loan overhaul: DOE drops IBR hardship test in December; caps grad borrowing next July
The Department of Education/Federal Student Aid will finish implementing changes in December that remove the “partial financial hardship” requirement to enroll in Income‑Based Repayment (IBR), a move that can let higher earners newly qualify, while also eliminating the SAVE plan and phasing out PAYE and ICR. IBR payments remain capped at the equivalent of the 10‑year standard plan with existing calculation percentages unchanged (generally 10% for new borrowers after July 1, 2014; 15% for older loans), and borrowers with eligible loans before July 1, 2026 can access IBR/ICR/PAYE on or after that date — FSA urges consolidations be completed at least three months prior.
Education Business & Economy Health
Wren Clair, KSTP seek dismissal of lawsuit
Meteorologist Wren Clair and KSTP-TV jointly asked a judge on Dec. 2, 2025 to dismiss her lawsuit against the station, according to a TwinCities.com report. The filing signals a potential end to the legal dispute pending the court’s decision; details of the request were not immediately disclosed.
Legal Business & Economy
GN Group adds 100 jobs in Shakopee
Copenhagen-based GN Group has converted Shakopee’s former Shutterfly facility into an advanced medical-device manufacturing and distribution center and plans to add about 100 jobs, the company told the Business Journal. The project brings new production and logistics activity to Scott County after a year-long retrofit of the building.
Business & Economy Health
Costco sues to block emergency tariffs
Costco Wholesale Corporation filed a lawsuit in the U.S. Court of International Trade seeking to invalidate President Trump’s emergency tariff orders, block U.S. Customs and Border Protection from collecting such duties going forward, and recover tariffs already paid. The filing cites an imminent Dec. 15 deadline to “liquidate” import entries, after which duties become final, and argues the emergency‑powers statute used does not authorize creating or raising tariffs on goods from China, Mexico, Canada and other countries.
Legal Business & Economy
Metro Transit E Line BRT launches this weekend
Metro Transit will debut the E Line bus rapid transit this weekend, replacing Route 6 and providing faster, more frequent service between Southdale and the University of Minnesota with upgraded stations and security features. The agency expects about 3,000 riders per day, and business groups at 50th & France and in Linden Hills—hit hard by construction—are cautiously optimistic the new service will boost foot traffic.
Transit & Infrastructure Business & Economy
Ex-Mpls Chamber CEO Jonathan Weinhagen pleads guilty to mail fraud; faces nearly 3 years, >$200K restitution
Jonathan Weinhagen, the former CEO of the Minneapolis Regional Chamber who had been a Mounds View school board member (he has resigned), pleaded guilty to mail fraud and could face nearly three years in prison and more than $200,000 in restitution. Prosecutors allege he diverted Chamber funds — including about $30,000 earmarked as Crime Stoppers rewards for unsolved 2021 Minneapolis child shootings — through a sham consulting firm called Synergy Partners and an alias “James Sullivan,” opened a Chamber line of credit and drew over $125,000, signed sham contracts generating more than $100,000 for himself, and attempted a fraudulent SoFi loan in a scheme said to have run from December 2019 to June 2024.
Local Government Education Legal
Associated Bank buying American National Bank
Associated Bank announced a $604 million deal to acquire American National Bank, adding six Twin Cities branches and bringing its metro footprint to 24 locations. The merger will elevate Associated Bank’s ranking among the region’s largest banks and expands its presence across the Minneapolis–Saint Paul market.
Business & Economy
December Social Security and SSI payment dates
The Social Security Administration set December 2025 payment dates: SSA benefits will be paid Dec. 3 for those on rolls before May 1997 and on Dec. 10, 17, or 24 based on birthdate; SSI will be paid Dec. 1 and again Dec. 31 because Jan. 1 is a federal holiday. Twin Cities recipients who don’t see an expected direct deposit should contact their bank first, then call SSA at 1-800-772-1213.
Business & Economy Government/Regulatory
Rep. Morrison proposes Small Business tariff rebates
U.S. Rep. Kelly Morrison announced on Small Business Saturday that she has introduced the Small Business RELIEF Act to exempt small firms from Trump‑era tariffs and refund those that already paid them. Morrison, a member of the House Small Business Committee, made the announcement while touring local Minnesota shops to highlight tariff impacts on Twin Cities businesses.
Business & Economy Government/Policy
$3.6B federal heating aid released to states, tribes
The Department of Health and Human Services released $3.6 billion in LIHEAP heating assistance to states and tribes to help families pay to heat their homes, a move NEADA executive director Mark Wolfe called "essential and long overdue." HHS had not yet issued a formal announcement when NEADA confirmed the release; a bipartisan group of House members had urged the funds be released by Nov. 30 amid NEADA projections that winter heating costs will rise about 10.5% (electricity +13.6%/~$1,208, propane +7.3%/~$1,442, natural gas +7.2%/~$644) and noting that roughly 68% of LIHEAP households also receive SNAP, with shutdown-related delays increasing hardship.
Business & Economy Utilities Economy
Dakota County to host 2031 horticultural expo
Organizers announced that Dakota County will host Expo 2031 Minnesota USA, the first international horticultural exposition ever held in the United States. The 2031 event, set within the Twin Cities metro, is expected to drive significant tourism and regional planning activity; next steps include formal coordination with local and state agencies on site planning, transportation, and permitting.
Business & Economy Local Government
Shutdown ends: Feds back Thursday; back pay by Nov. 19 as LIHEAP restarts
President Trump signed a stopgap funding bill ending the 43‑day shutdown, OPM directed federal employees to return Thursday and agencies will issue back pay in four tranches beginning by Nov. 19 while the measure reverses shutdown‑era firings and bars new layoffs through January. The package restarts programs including SNAP, releases $3.6 billion in LIHEAP heating aid to states and tribes, and extends funding through Jan. 30, though SNAP and other benefits may take days or longer to reach recipients and a separate vote on ACA premium subsidies is expected in December.
Government/Regulatory Elections Government
Hennepin Healthcare plans $12M addiction center
Hennepin Healthcare plans to solicit construction bids for a new $12 million addiction treatment center in downtown Minneapolis, according to the Minneapolis/St. Paul Business Journal. The project would add dedicated substance‑use treatment capacity in the city’s core, with the health system moving into the bidding phase.
Health Business & Economy
Feds cut Medicare prices for 15 drugs
On Nov. 26, 2025, the Trump administration announced that Medicare will pay lower prices for 15 prescription drugs, projecting 'billions' in taxpayer savings. The change would affect Medicare beneficiaries and taxpayers in the Minneapolis–Saint Paul metro, though specific drugs and implementation details were not provided in the headline.
Health Business & Economy
Average 30‑year mortgage rate dips to 6.23%
Freddie Mac’s weekly survey shows the average U.S. 30‑year fixed mortgage rate fell to 6.23% as of Nov. 26, 2025, ending a three‑week climb. The move directly affects Minneapolis–Saint Paul borrowers and sellers by influencing monthly payments, refinancing decisions, and housing demand heading into the holiday season.
Business & Economy Housing
FHFA raises conforming loan limit to $832,750
The Federal Housing Finance Agency announced it is increasing the baseline conforming loan limit for single-family mortgages to $832,750, raising the maximum size of most loans that Fannie Mae and Freddie Mac can back. The change applies in the Twin Cities’ seven-county metro in the upcoming loan-limit year, meaning more buyers can use conforming financing instead of higher-cost jumbo loans; higher limits may apply in designated high-cost areas elsewhere.
Housing Business & Economy
MSP food-service strike averted with HMSHost deal
The union representing hundreds of food-service workers at Minneapolis–Saint Paul International Airport called off a threatened strike after reaching a labor agreement with HMSHost, avoiding disruptions during a busy travel week. The tentative deal means airport restaurants and concessions can continue operating without a walkout while details are finalized.
Business & Economy Transit & Infrastructure
Minnesota Chamber unveils growth plan as report shows GDP, tech, innovation lag
At an Economic Summit in Eagan, the Minnesota Chamber released its 2026 Business Benchmarks report and unveiled an "Economic Imperative for Growth" multiyear campaign to unite lawmakers and business leaders after finding the state's economy has fallen behind on nearly every measure of growth. The report cites about 1% per‑capita GDP growth versus 1.8% nationally, a slide in state rankings into the 30s (as low as 38th since 2019), weak tech job growth (44th in 2024), high patents per capita but poor patent growth, and warns employers that taxes, regulations and new mandates — including a paid family and medical leave program starting Jan. 1 — are deepening competitiveness concerns.
Business & Economy
Palace Theatre sues Wrecktangle for $1.6M
The Palace Theatre’s operators have sued Wrecktangle Pizza in Hennepin County District Court, alleging the company owes more than $1.6 million on a loan tied to their short‑lived joint venture, Wrestaurant at the Palace, which opened in 2023 and closed a year later amid water damage. Wrecktangle’s response admits no payments were made but counters that the Palace failed to dissolve the joint LLC, is using joint‑owned equipment for the new Palace Pub without crediting Wrecktangle, and disputes the claims; both sides tentatively agreed to a November 2026 trial if no settlement is reached.
Legal Business & Economy
Minnesota employers must send PFML notices Dec. 1
Minnesota’s Paid Family and Medical Leave program starts Jan. 1, 2026, but employers statewide—including in the Twin Cities—must individually notify workers of their benefits and rights by Dec. 1, 2025, in each employee’s primary language, with acknowledgment. New hires must be notified within 30 days, and workplaces must display required posters; the Minnesota State Council of SHRM warns missed deadlines can trigger complaints, investigations, and penalties.
Local Government Business & Economy
90-unit senior housing planned in Maple Grove
A developer plans a 90-unit senior housing building on a city-owned site in Maple Grove, Hennepin County, aiming to provide affordable options that help residents on fixed incomes age in place. The plan, reported Nov. 21, 2025, would add new senior housing capacity within the Twin Cities metro; further city reviews and approvals are expected as the project advances.
Housing Business & Economy
St. Paul OKs 2 a.m. service, unveils World Juniors fest
St. Paul approved temporary ordinance changes allowing bars and restaurants with liquor licenses to apply for 2 a.m. service and noise variances during the Dec. 26–Jan. 5 World Junior Hockey Championship, while launching the free Bold North Breakaway fan festival around Rice Park and Grand Casino Arena. The 10‑day downtown festival adds ice bumper cars, ‘glice’ skating, street hockey, kids’ zones, 40 indoor vendors and New Year’s Eve fireworks as the 29‑game tournament is split between St. Paul and the University of Minnesota’s 3M Arena at Mariucci.
Local Government Business & Economy
Judge hears closing arguments on Google ad-tech remedies
After an April ruling that parts of Google's ad‑tech business constitute an illegal monopoly, Judge Leonie Brinkema held an 11‑day remedies trial this fall and heard closing arguments Friday in Alexandria, Virginia, with a ruling expected early next year. The DOJ urged structural divestitures, calling Google a "recidivist monopolist," while Google called such remedies legally unprecedented and risky for a system that handles roughly 55 million ad requests per second, citing AI‑driven market changes as a reason for caution and DOJ witnesses warning about subtle algorithm manipulation; for context, a separate search case saw Judge Amit Mehta reject a proposed Chrome divestiture and order reforms seen as relatively lenient.
Business & Economy Legal Technology
Solventum to buy Acera Surgical for $725M
Solventum, the 3M health-care spinoff, said Friday it agreed to acquire regenerative wound care maker Acera Surgical for more than $725 million. It is Solventum’s first major deal since separating from 3M last year and signals expansion in advanced wound‑care products with potential impacts on the company’s Twin Cities operations.
Business & Economy Health
PHS West leases 91,000 sq. ft. for new HQ
Manufacturer PHS West signed a 91,000‑square‑foot lease at Brockton Business Park in Corcoran, where it will establish a new headquarters, the Minneapolis/St. Paul Business Journal reports on Nov. 21, 2025. The company said expansion needs, driven by growth in the data‑center industry, prompted the move within the Twin Cities metro.
Business & Economy Real Estate
SNAP work rules expand; USDA weighs mass ‘reapply’ review, cites standard recertification
The USDA under Agriculture Secretary Brooke Rollins is moving to expand SNAP work requirements to additional groups — including people ages 55–64 and some parents of 14–18‑year‑olds — and will fully enforce the three‑month time limit for adults who don’t meet work rules starting in December after a waiver was lifted in November. Rollins has said the agency plans to have all SNAP recipients reapply now that the government has reopened, citing “standard recertification processes” and further regulatory and state‑data reviews, but details for a mass reapplication of roughly 42 million beneficiaries are not yet formalized; analysts warn it could create backlogs and loss of benefits for eligible families (about 40% of recipients are children), while the CBO estimates expanded rules could reduce enrollment by about 2.4 million on average per month over 10 years.
Health Business & Economy
Home insurance costs spike across Minnesota
FOX 9 reports Nov. 20 that Minnesota homeowners — including in the Twin Cities — are seeing hazard insurance premiums jump as much as 40% and significant increases to wind and hail deductibles (often from $1,500 to $5,000 or to a percentage of home value), driven by severe weather losses and claims. The Minnesota Department of Commerce urges consumers to shop policies and consider weatherproofing for discounts, while State Farm says it paid out $1.30 in claims/expenses per $1 in Minnesota premiums over the past five years.
Business & Economy Housing
White House expands tariff relief to Brazilian coffee, fruit and beef
The White House said it will extend tariff relief to Brazilian imports by excluding certain products from both April’s global rollback under Executive Order 14257 and the punitive July tariffs on Brazil, covering coffee, fruit and beef as well as related items such as tea, tropical fruits and juices, cocoa, spices, bananas, oranges, tomatoes and some fertilizers. The move — framed as easing grocery-price pressures (roasted coffee and ground beef have shown large year‑over‑year CPI gains) — resolves a gap Brazil had flagged, draws industry praise, and comes as President Trump and Brazil’s President Lula negotiate further trade steps.
Government & Policy Government/Regulatory National Policy
Ramsey County names deputy manager, reorganizes services
Ramsey County appointed CFO Alex Kotze as deputy county manager and chief operating officer effective Dec. 1, 2025, and outlined an internal restructuring that creates an Operations Service Team and sunsets the Strategic Team and Information and Public Records Service Team as of Jan. 1. Kotze, who has overseen the county’s $870 million budget since 2020 and previously served as interim deputy for Health and Wellness, will lead strategy for property management, finance and information services as the county streamlines operations.
Local Government Business & Economy
Target cuts prices on 3,000 everyday items
Target said it will reduce prices on 3,000 food and household items to boost value during the holidays and help reverse a sales slump. The company also narrowed its 2025 earnings outlook, cited continued traffic softness, and outlined a $5 billion 2026 investment plan for store remodels, new large-format locations, and supply chain/tech upgrades.
Business & Economy
Average 30-year mortgage rate ticks up to 6.22% after four-week slide
Freddie Mac said the average 30-year fixed mortgage rate rose to 6.22% from 6.17%, the first uptick after a four-week slide, while the 15-year fixed rate climbed to about 5.50%. The rise coincided with a roughly 4.09%–4.10% 10-year Treasury yield midday Thursday and comes amid mixed Fed signals — recent rate cuts but Chair Powell’s caution that a December cut isn’t guaranteed and tariff-driven inflation risks — with traders pricing roughly a 44% chance of a December cut.
Housing Business & Economy
30-year mortgage rate edges up to 6.26%
Freddie Mac said Thursday, Nov. 20, that the average U.S. 30‑year fixed mortgage rate rose to 6.26% from 6.24% a week earlier, the third straight weekly increase, while the 15‑year average rose to 5.54%. The update, which influences homebuying power in the Twin Cities, comes as the 10‑year Treasury hovered near 4.10% and markets trimmed expectations for a December Fed rate cut.
Housing Business & Economy
THC drink startup cofounder charged with theft
Minnesota-based Crooked Beverage Company co-founder Richard Schenk has been charged with two felony theft counts, accused of taking tens of thousands of dollars from the THC beverage startup. Court documents and co-founder Ryan Winkler say Schenk spent company funds on personal expenses (including mortgage and luxury items), allegedly faked an email to dodge a $300,000 debt to his ex-wife, resigned when confronted, and then allegedly withdrew another $48,000; the company says it remains in operation with products in hundreds of Minnesota locations and 10 states.
Legal Business & Economy Cannabis
Starbucks Red Cup Day strike includes Minneapolis
A nationwide Starbucks strike that has indefinitely shuttered more than 65 stores in about 40 cities coincided with the company’s busy Red Cup Day after bargaining broke down in April. Two Twin Cities locations — the unionized St. Anthony store at 3704 Silverlake Rd (unionized 2022) and the unionized Chanhassen store at 190 Lake Dr (unionized 2024) — remained closed after Thursday’s walkout, and there are currently no remaining unionized St. Paul locations while employees at Seventh & Davern have petitioned the NLRB. At the St. Anthony site police arrested a man and woman after super glue and expanding foam were found in the locks and demonstrators later blocked the drive‑through; Starbucks said it was on track to meet or exceed same‑day sales, touts its wages and benefits, and accused the union of walking away from talks.
Public Safety Business & Economy Legal
Trump move extends acting CFPB chief, signals shutdown
President Donald Trump nominated OMB associate director Stuart Levenbach to lead the Consumer Financial Protection Bureau, a step the White House acknowledges is intended to pause the vacancies clock and keep Budget Director Russell Vought as acting CFPB chief while pursuing plans to shut the agency. The administration also said it will not draw Federal Reserve funds to operate the CFPB beyond Dec. 31, relying on a disputed legal theory, a move that could curtail federal consumer‑finance oversight for Twin Cities residents and institutions.
Government/Regulatory Business & Economy
Target Q3 profit falls 19%, warns on holidays
Minneapolis-based Target reported third-quarter profit of $689 million, down 19% year over year, with adjusted EPS of $1.78 on $25.27 billion in sales (-1.5%). Comparable sales fell 2.7% and the company expects the sales slump to extend through the holiday season; Target also plans to invest an additional $1 billion next year to remodel and build stores (total makeover now $5 billion) and said Michael Fiddelke will succeed CEO Brian Cornell on Feb. 1.
Business & Economy
Bird flu drives MN turkey losses, prices higher
A Chicago Tribune/Pioneer Press report says Minnesota has accounted for over a third of recent U.S. bird‑flu turkey cases, with more than 716,000 commercial turkeys affected since August and over 1 million since the start of 2025, contributing to higher wholesale and fresh‑bird prices ahead of Thanksgiving. Experts note national turkey production is down nearly 10% year over year, labor costs are up, and fresh birds are most affected while frozen supplies are less impacted; officials expect the fall surge to ease but warn spring migration could renew risks and breeder‑hen losses may tighten supply into 2026.
Health Business & Economy
St. Paul foundations launch $23M housing initiative
The St. Paul & Minnesota Foundation, with the F.R. Bigelow and Mardag foundations, announced a five‑year, $20 million “Our Home State” initiative on Nov. 17 to expand access to safe, stable and affordable housing across Minnesota; St. Paul–based Ecolab added $3 million, bringing the total to $23 million. Early investments will focus on eviction prevention, shelter capacity, affordable housing production and policy/narrative work, with leaders emphasizing support for community‑led solutions that include the Twin Cities.
Housing Business & Economy
Novo cuts Wegovy list price to $349
Novo Nordisk said Monday it reduced the list price for higher-dose Wegovy to $349/month (from $499) for cash‑paying patients and launched a temporary $199/month offer for the first two months of low‑dose Wegovy and Ozempic, aligning with a recent federal drug‑pricing framework. The price changes apply nationwide via pharmacies, home delivery and some telemedicine providers; clinicians and surveys still cite affordability challenges for patients without insurance.
Health Business & Economy
Congress passes shutdown bill with 0.4 mg hemp‑THC cap; 1‑year phase‑in alarms MN beverage industry
Congress has passed a stopgap funding bill that includes a national cap of 0.4 mg hemp‑derived THC per container, taking effect in one year and overriding higher state per‑serving limits (Minnesota currently allows ~5 mg), a measure pushed to close a 2018 Farm Bill looph and intended to block unregulated intoxicating hemp products. Minnesota brewers, retailers and hemp beverage makers warn the cap would effectively ban most THC edibles and drinks and devastate a roughly $140–200 million local market — though regulators say licensing and oversight remain unchanged until the cap’s effective date and industry groups urge business as usual in the interim.
Legal & Regulatory Local Government Business & Economy
Disney, YouTube TV end blackout, restore channels
Disney and YouTube TV reached a new carriage agreement that ended a blackout that began the night of Oct. 30 and lasted just over two weeks, with ABC, ESPN and other Disney‑owned channels including NatGeo, FX, Freeform, the SEC Network and ACC Network restored over the course of Nov. 14, the companies said. The sides traded public accusations during negotiations — Disney executives Alan Bergman, Dana Walden and Jimmy Pitaro said YouTube TV refused fair rates and was leveraging its dominance, while YouTube TV said Disney's terms were costly and would reduce consumer choice — after a prior 2021 disruption that lasted less than two days.
Business & Economy Technology
MLS shifts to July–May season; Apple changes access
MLS owners voted Nov. 13 to move to a late‑summer‑to‑spring calendar starting in 2027, aligning with international leagues and adding a long winter break—changes that will affect Minnesota United’s home schedule at Allianz Field. Separately, Apple said all MLS matches will be available to Apple TV subscribers without the separate Season Pass starting in 2026, changing how Twin Cities fans access broadcasts.
Business & Economy Technology
IRS raises 401(k), IRA limits for 2026
The IRS announced on Nov. 13, 2025, that the maximum employee contribution to 401(k), 403(b) and most 457 plans will rise to $24,500 in 2026, with the age‑50 catch‑up increasing to $8,000. The agency also set the 2026 IRA limit at $7,500 and the IRA catch‑up at $1,100, while keeping the special age 60–63 catch‑up at $11,250. The nationwide changes directly affect Twin Cities workers and retirees saving in tax‑advantaged plans.
Business & Economy Government/Regulatory
Hospitals join suit alleging insurer price fixing
A coalition of hospitals and health systems has joined or expanded a federal lawsuit alleging a cartel-like scheme to depress out‑of‑network reimbursements, describing a third‑party repricing firm as a 'mafia enforcer' working for major insurers including Minnetonka‑based UnitedHealth Group. The case accuses the parties of antitrust violations that harmed providers and patients by fixing prices below competitive levels; Twin Cities impact stems from UHG’s role and potential effects on local health systems and consumers.
Legal Health Business & Economy
U.S. Mint strikes final penny Wednesday
The U.S. Mint in Philadelphia will press the final penny Wednesday, and U.S. Treasurer Brandon Beach said those last coins will be auctioned. Each penny costs roughly four cents to make, and the Treasury estimates ending production will save about $56 million a year in materials, even as tens of billions of pennies remain in circulation and banks and retailers may round cash transactions to the nearest five cents.
Business & Economy Government/Regulatory
Visa, Mastercard propose card-acceptance changes
Visa and Mastercard proposed a national class‑action settlement that would let merchants refuse higher‑tier rewards cards or add surcharges to cover their higher fees, a shift from the networks’ long‑standing “honor all cards” rule. The deal also includes a temporary 10‑basis‑point cut to swipe fees for five years and sets standard transactions at 1.25% for eight years; major retail groups oppose the proposal, which still requires court approval, meaning Twin Cities shoppers with premium rewards cards could eventually see declines or surcharges at checkout if it’s finalized.
Business & Economy Legal
Centerspace reviews options, sells Minneapolis portfolio for $76M
Minot-based apartment REIT Centerspace said Wednesday its board has begun a review of strategic alternatives that could include a sale or merger, and separately announced it sold its Minneapolis-area portfolio for $76 million, including properties in Minneapolis and New Hope. The moves signal a potential change in ownership and strategy affecting Twin Cities multifamily real estate.
Business & Economy Housing
MSP airport retail unit spins off, new CEO
The Minneapolis–St. Paul International Airport retail operations of St. Paul-based Airport Retail Group are being split into a standalone business, with investor Megan Bender buying a stake and becoming CEO. The new entity plans to nearly double sales, including by opening a new travel convenience store in MSP’s Terminal 2.
Business & Economy Transit & Infrastructure
Sonder abruptly closes Twin Cities locations
Sonder, which operated extended‑stay hotels in downtown St. Paul and multiple Minneapolis sites, shut down operations Monday night after Marriott Bonvoy said its licensing agreement with Sonder was terminated for default. A sign at The Fitz (77 Ninth St. E., St. Paul) states operations ceased Nov. 10, 2025; Marriott directed customers to seek refunds through their credit‑card issuers and rebook within its portfolio as reports indicate Sonder plans a Chapter 7 filing.
Business & Economy
St. Paul keeps staff-led review for reparations study
The St. Paul City Council voted 6–1 on Nov. 5 to stick with a staff‑led procurement process for a reparations 'harm study' budgeted up to $250,000, rejecting a proposal from Council Member Anika Bowie to restart the evaluation with a community‑driven review panel. The RFP, extended in September and closed Oct. 3, drew three research firms; a preferred vendor has been identified but not yet finalized, and the contract will come back to the council for approval amid objections from some Black elders and split views among the council’s two Black members.
Local Government Business & Economy
IRS cancels Direct File for 2026 season
The IRS has canceled its Direct File free online tax-filing system for the 2026 season and, per an IRS email from Cynthia Noe, there is no relaunch date set; the program had been piloted in 12 states and was slated to expand to 12 more before the cancellation. Treasury Secretary/IRS Commissioner Scott Bessent said the private sector can do a better job and that Direct File “wasn't used very much.” The 2026 filing season will still include higher standard deductions under OBBBA: $16,100 for single filers and $32,200 for married filing jointly, with brackets adjusted for inflation.
Government & Policy Government/Regulatory Business & Economy
Appeals court orders full SNAP funding; Supreme Court to decide whether 65% cap remains
After the federal shutdown prompted USDA to pause SNAP disbursements and initially push a roughly 65% partial‑payment plan, a coalition of states sued and district judges in Rhode Island and Massachusetts ordered USDA to use contingency and other funds to provide full November benefits. The 1st Circuit upheld the lower‑court order requiring full funding (after a brief Supreme Court stay), leaving some states that already issued full payments in limbo as the Supreme Court prepares to decide whether the administration may enforce the 65% cap.
Legal Government/Regulatory Politics
Graco plans Dayton headquarters, leaving NE Minneapolis
Graco said Nov. 10 it plans to build a new headquarters in Dayton, Minnesota, and relocate from its current Northeast Minneapolis riverfront campus. The move would shift the company’s corporate base within the Twin Cities and could open Graco’s high‑profile riverfront site to future redevelopment; project details and approvals will follow local review.
Business & Economy Housing
Minneapolis teachers deal adds 2% raise this year; class-size and special-ed caseload limits set; ratification Thu–Fri
Minneapolis Public Schools and the Minneapolis Federation of Educators reached a tentative agreement late Saturday covering three contracts for more than 4,300 employees that includes a 2% pay increase this year and enforceable smaller class sizes and special-education caseload limits. The deal, which averts a planned Nov. 11 strike, goes to union ratification votes Thursday–Friday and then the School Board for approval amid district warnings of a roughly $75 million shortfall this year and further projected deficits.
Business & Economy Education
State awards $69M from MN Forward Fund, including $50M for Rosemount 'North Wind,' $5M for UST and $4M for Hennepin Tech
The state’s Minnesota Forward Fund awarded $69 million across four projects — including a $50 million forgivable loan for North Wind’s $1 billion, 250,000‑sq.‑ft. Minnesota Aerospace Complex at the UMore site in Rosemount, $10 million for Niron Magnetics in Sartell, $5 million for the University of St. Thomas in St. Paul and $4 million for Hennepin Technical College (Brooklyn Park and Eden Prairie). The Rosemount project, which UMN sold 60 acres for and will partner on, will house three hypersonic wind tunnels, is backed by an additional $99 million U.S. Army contract and $85 million in company investment, targets completion in 2030–31, and has drawn some campus protests over military ties.
Technology Business & Economy Local Government
M Health Fairview, UHC talks risk 125K patients
M Health Fairview warns it could go out-of-network for UnitedHealthcare and UMR members on Jan. 1, 2026 if no new commercial contract is reached, potentially affecting about 125,000 patients in the Twin Cities. Fairview says UHC’s demands would force service cuts and reduced access, while UnitedHealthcare says Fairview is seeking a more than 23% rate increase that would add roughly $121 million in employer costs; the current five‑year contract expires this year.
Health Business & Economy
United Way reports 150% surge in food requests; $105K in grants distributed
United Way says its 211 helpline has seen a 150% increase in food-related requests since mid-October as Minnesota food shelves feel pressure from the federal shutdown, and the organization has distributed approximately $105,000 in emergency grants to local nonprofits, including funding Route 1 produce pop-up events. 211 is available 24/7 for food access and other services, and United Way is inviting donations and volunteers.
Business & Economy Local Government Health
Minnesota to correct SNAP payout overcount
The Minnesota Department of Children, Youth and Families said Friday it mistakenly included and double‑counted Pandemic EBT in federal FNS‑46 reports, inflating reported SNAP payouts from about $725 million in 2020 to roughly $1.9 billion in 2021. The agency said the reporting errors did not reflect improper payments and it will submit corrected figures to USDA after the federal shutdown ends; the correct totals are not yet known.
Local Government Business & Economy
Nonprofit buys condemned St. Paul parking ramp
The St. Paul Downtown Development Corporation purchased the condemned Capital City Plaza parking ramp at 50 Fourth St. from Madison Equities and will begin work to address safety violations, aiming to reopen it by late 2026. The privately funded deal, near the Green Line’s Central Station, keeps the ramp and the adjacent Alliance Bank Center closed for now while skyway connections to Osborn370 and Treasure Island Center remain open.
Transit & Infrastructure Business & Economy
Nicolet to rebrand 13 Twin Cities branches
Nicolet Bank will acquire MidWestOne Bank in an $864 million merger and rebrand MidWestOne’s 13 Twin Cities branches, significantly expanding its presence beyond its current two metro locations. The combined entity’s CEO said Friday that the Minneapolis–Saint Paul region will be a primary growth market, with potential for additional acquisitions.
Business & Economy
CFPB says FCRA preempts state medical‑debt credit-report bans; Minnesota law at risk
The CFPB has issued guidance interpreting the federal Fair Credit Reporting Act as preempting state bans on reporting medical debt to credit reports, putting Minnesota’s law — one of 14 states that bar such reporting (and five that restrict it) — at risk. Credit bureaus and credit unions sued to block a January CFPB rule advancing that view, the incoming administration declined to defend it and a federal judge blocked the rule, leaving uncertainty for states even as Americans carry at least $220 billion in medical debt and roughly 6% of adults owe more than $1,000.
Legal Health Business & Economy
Minnesota Rusco bankruptcy spurs at least 10 lawsuits; recovery fund capped at $550K per contractor
Minnesota Rusco, a 70-year-old New Hope home‑improvement company, abruptly ceased operations after parent Renovo Home Partners filed Chapter 7 bankruptcy for itself and 19 subsidiaries, leaving employees — who received only three days of health insurance — and customers with unfinished work and large prepaid sums; court filings list $100–$500 million in liabilities against $1–$10 million in assets, and at least 10 lawsuits have been filed. Because Rusco was DLI‑licensed, affected homeowners must first sue and obtain a court judgment to seek reimbursement from Minnesota’s Contractor Recovery Fund, but recoveries are constrained by limits of up to $550,000 per licensed contractor (and $100,000 per consumer), and state officials are urging consumers to file complaints and dispute charges.
Consumer Business & Economy Housing
Trump announces Medicare coverage for obesity drugs
President Donald Trump said Nov. 6 the administration reached deals with Eli Lilly and Novo Nordisk to expand Medicare coverage for GLP-1 obesity drugs Zepbound and Wegovy starting next year, while phasing in lower prices for some uninsured patients. The plan also sets a $149/month price for starting doses of new pill versions if approved, though officials cautioned consumer savings will vary by insurance and market competition.
Health Business & Economy
Stillwater denies cannabis shop near rec center
The Stillwater City Council on Nov. 5 denied permits for two adult‑use cannabis retailers — including one at 1754 Washington Ave. near the St. Croix Valley Recreation Center and another near Chesterton Academy — while approving a third location. Council debate focused on how Minnesota’s buffer rules apply, including whether the recreation center is a 'public park attraction' regularly used by minors and how to measure distance; the city attorney said Curio Dance does not meet the state definition of a school for the 1,000‑ft buffer.
Local Government Business & Economy
Allina clinic providers hold one-day metro strike
Clinic providers employed by Allina Health staged a one-day strike across metro-area clinics — a historic first for Minnesota that the Doctors Council–SEIU called the largest strike of its kind — and did not include hospital providers. Bargaining, which began in February 2024, continues after the union said it offered multiple proposals on pay, leaves and PTO while Allina made a single offer the union says would reduce pay and benefits and fail to address staffing and burnout; Allina cited rising costs and expected government funding cuts, said contingency plans kept more than 25% of represented providers working, and further bargaining sessions begin Dec. 5 with union members set to return Thursday.
Health Business & Economy
Supreme Court hears challenge to Trump’s emergency tariffs; justices signal skepticism
The Supreme Court on Nov. 5 heard nearly three hours of consolidated challenges to former President Trump’s unprecedented use of the 1977 IEEPA to impose two waves of emergency tariffs — February duties tied to a fentanyl/drug‑trafficking emergency on imports from Canada, China and Mexico and sweeping April “reciprocal” tariffs on most countries — measures estimated to raise roughly $3 trillion over a decade and amounting to 10–50% import taxes. Justices across the ideological spectrum, including Chief Justice John Roberts, pressed the government on whether IEEPA permits such sweeping trade authority as lower courts have struck down much of the program and challengers (Democratic states and small businesses) invoke the major‑questions and nondelegation doctrines while the government cites core foreign‑affairs power.
Legal Business & Economy
Plymouth industrial complex sells for $26M
A California-based investment firm bought the seven-building Park Industrial Village in Plymouth for $26 million, more than triple what the seller paid in 2016. The deal expands the buyer’s Minnesota portfolio and marks a sizable industrial real-estate transaction in Hennepin County.
Business & Economy Housing
St. Louis Park Metropoint office headed to auction
A Minneapolis/St. Paul Business Journal report says one of the Metropoint office buildings in St. Louis Park is scheduled for auction. The Hennepin County property is part of the multi‑building Metropoint complex, and an auction would mark a notable development in the Twin Cities office market affecting local tenants and tax revenues.
Business & Economy Housing
Dependable Home Healthcare to close; 406 layoffs begin Jan. 3 in St. Paul
Dependable Home Healthcare, a St. Paul company located at 23 Empire Drive and in business since 1991, will shut down and suspend services at the end of January, laying off all 406 employees in six phases beginning Jan. 3 and running through Mar. 13, 2026; the workforce includes 368 caregivers and the remainder administrative staff. CEO Katie Fleury cited business challenges and upcoming regulatory changes affecting Minnesota home care, and the closure follows a recent DHS order pausing payments/audits for Medicaid-funded programs (including PCA/CFSS) that could delay payments up to 90 days.
Business & Economy Health
St. Paul proposes cannabis business manager post
St. Paul plans to add a cannabis oversight position in its proposed 2026 budget to guide entrepreneurs through registration, zoning and local compliance, with pay between $73,000 and $102,000 funded by cannabis registration fees. City officials say they hope to fill the role internally, mirroring Minneapolis’ existing specialist, as the Office of Cannabis Management notes cities are still shaping oversight in the evolving market.
Local Government Business & Economy
Allina Doctors Council sets Nov. 9 one-day strike with rally at HQ
Allina Doctors Council SEIU has scheduled a one-day strike for Nov. 9 with a large rally at Allina’s Minneapolis headquarters, calling it “the largest strike of its kind” to protect primary care after earlier reports of a 10-day strike notice and a previously reported Nov. 5 date. Allina says two bargaining sessions are set before the walkout, will maintain safe patient care, argues the union’s compensation and benefits demands are unsustainable, and is closing four clinics on Nov. 1, 2025 (Inver Grove Heights, Maplewood, Nicollet Mall and Oakdale).
Health Business & Economy
Developers propose 181 apartments in downtown Rogers
Developers Bader and Ebert plan a 181‑unit market‑rate apartment project on a former semi‑truck site in downtown Rogers, according to a Nov. 3 report. The Hennepin County proposal would add substantial new housing to the northwest Twin Cities suburb; further city review and approvals were not detailed in the report.
Housing Business & Economy
Walz directs $4M to Minnesota food shelves as SNAP cutoff nears
Gov. Tim Walz this week formally directed $4 million to Minnesota food shelves as an emergency stopgap ahead of an expected Nov. 1 interruption to SNAP and other federal food and preschool aid if the partial federal shutdown continues. The one‑time allocation — small compared with roughly $73 million in monthly SNAP benefits that reach more than 440,000 Minnesotans — supplements relief from United Way, local governments and food pantries preparing expanded distributions, but advocates warn food shelves alone cannot close the gap.
Health Local Government Business & Economy
St. Paul decertifies Westminster Junction TIF early
The St. Paul Port Authority board voted Monday to decertify the 26-year Westminster Junction TIF redevelopment district five years early, returning the East Side business center to the full tax rolls after outperforming projections. The 25-acre site along Phalen Boulevard and Cayuga Street has grown from a blighted rail yard with about 50 jobs to 15 companies with 913 jobs, lifting annual property taxes from $138,000 to $2.6 million, which officials say will help reduce the city’s levy.
Local Government Business & Economy
Pioneer Acquisitions buys two Washington Square towers
Pioneer Acquisitions has purchased the 100 and 111 Washington Square office buildings in downtown Minneapolis, marking the investor’s first acquisition in the Twin Cities. The Business Journal reports the deal signals the company’s entry into the local office market and suggests more acquisitions may follow.
Business & Economy
MSP starts weekly food aid for unpaid feds
Minneapolis–Saint Paul International Airport has launched a weekly food aid program for unpaid federal workers affected by the government shutdown. AFGE leader and MSP TSA agent Neal Gosman said TSA employees took home donated food boxes after their shifts, and AFGE representative Mark Johnson said many workers cannot pay rent due Nov. 1 and face $50/day late fees.
Health Public Safety Business & Economy
MN Senate hears shutdown’s toll on TSA, WIC
At an Oct. 30 hearing of the Minnesota Senate’s Subcommittee on Federal Impacts, union leaders said MSP TSA agents are missing rent and taking home donated food boxes, while advocates warned Minnesota’s WIC funds (about $9M/month) will last only through the third week of November. State officials cited diminished communication with USDA and Attorney General Keith Ellison said a judge is expected to rule soon in the 25‑state lawsuit seeking to restore SNAP during the shutdown.
Local Government Health Business & Economy
US penny mint halt triggers shortages
AP reports the U.S. stopped producing pennies in mid‑2025 under President Trump, and with the last coins minted in June and distributed by August, banks are now rationing pennies and retailers nationwide are running out as the holiday season approaches. The Treasury placed its last planchet order in May; 2024 saw 3.23 billion pennies minted even as each cost 3.7 cents to make, and merchants are asking for exact change or rounding to avoid legal exposure—operational shifts that will affect Twin Cities cash transactions.
Business & Economy Government/Regulatory
After Trump–Xi meeting, China says it will work with U.S. on TikTok; no ownership deal yet
After the Trump–Xi meeting, China’s Commerce Ministry said it would work with the U.S. to resolve TikTok-related issues but provided no details and said no ownership agreement was reached. That statement contrasts with U.S. reports — including Trump saying Xi approved a proposed U.S. ownership deal, the White House suggesting the transaction could be finalized in South Korea, and earlier plans for Oracle to manage TikTok’s U.S. algorithm — as negotiations continue under U.S. divestiture requirements.
Business & Economy Technology Legal
Cargill cuts 80 jobs at Minnetonka headquarters
Cargill is laying off 80 employees at its Minnetonka headquarters, the company confirmed Oct. 30, 2025, citing a sales decline. The move affects corporate roles at the global agribusiness’s Twin Cities base and follows softer revenue performance.
Business & Economy
Trump, Xi deal trims China tariffs
President Donald Trump said Thursday after a 100‑minute meeting with China’s Xi Jinping in Busan that the U.S. will reduce tariffs on Chinese goods, lowering one tranche tied to fentanyl-chemical sales from 20% to 10% and cutting the combined rate from 57% to 47%. China agreed to allow rare earth exports and resume U.S. soybean purchases, and Trump said Nvidia will hold talks on advanced chip exports as both sides work toward a trade deal.
Business & Economy Technology
Oak Park Heights OKs Mango Cannabis at Joseph’s
The Oak Park Heights City Council unanimously approved a conditional-use permit Tuesday for Mango Cannabis to occupy the entire Joseph’s restaurant building at 14608 60th St. N. City officials said Joseph’s plans to relocate nearby, while applicants ABJKM Holdings and Boundary Waters Capital also seek a Stillwater site as both cities raise caps to four cannabis retailers. The Hwy. 36 corridor is drawing interest due to Wisconsin’s cannabis ban, and Oak Park Heights previously approved Oak Park Heights Canna for a 2026 opening.
Local Government Business & Economy
Senate votes to block Trump’s Canada tariffs
The U.S. Senate on Wednesday, Oct. 29, held a vote on a resolution to nullify President Trump’s tariffs on Canadian imports by terminating the national emergencies underpinning them. Led by Sen. Tim Kaine and joined by some Republicans including Sen. Rand Paul, the effort spotlights GOP divisions even as House GOP rules can block a vote there and the White House could veto. The action comes amid active U.S.–Asia trade talks and a tense U.S.–Canada dispute with potential consumer price impacts for Twin Cities residents.
Business & Economy Government & Politics
Fed cuts benchmark rate to about 3.9%
The Federal Reserve made its second rate cut of 2025, trimming the benchmark to about 3.9%. Consumers should expect top high‑yield savings rates to drift lower as banks pare offerings, mortgage rates—which recently fell to their lowest in over a year—may decline further while auto‑loan rates are likely to ease only slowly; the Fed projects another cut before year‑end and advisers say borrowers may want to consider refinancing or consolidating debt as rates fall.
Consumer Business & Economy Housing
FDA proposes streamlined biosimilar testing
The FDA released draft guidance on Oct. 29, 2025 to simplify studies for biosimilar versions of biologic drugs, aiming to remove what it calls unnecessary, resource‑intensive clinical comparisons. The proposal opens a 60‑day public comment period, with non‑binding final guidance expected in three to six months, and federal officials say the change is intended to spur competition, lower prices, and speed access to treatments such as those for autoimmune disease and cancer.
Health Business & Economy
Sun Country adds MSP–Tulsa route for 2026
Minneapolis-based Sun Country Airlines will launch a new route between Minneapolis–Saint Paul International Airport (MSP) and Tulsa, Oklahoma, and increase frequencies to other coastal destinations as part of its summer 2026 schedule. The expansion adds a new nonstop option for Twin Cities travelers and boosts flights to popular coastal markets during the peak summer season.
Transit & Infrastructure Business & Economy
United Properties plans 36-acre Newport project
United Properties is proposing a 36-acre development in Newport, Washington County, that would include industrial buildings, apartments and a Kwik Trip, according to a report published Oct. 29, 2025. The project would add new housing and commercial uses in the east‑metro suburb, with city review and approvals expected as the plan advances.
Business & Economy Housing
Francisco Partners to acquire Jamf for $2.2B
Private equity firm Francisco Partners will buy Minneapolis-based Apple device‑management software maker Jamf in a $2.2 billion deal announced Oct. 29, 2025. Jamf, which went public in 2020 at $26 per share, is a prominent Twin Cities tech employer; the transaction would transfer ownership of the company, with further details on closing and any local impacts not yet disclosed.
Business & Economy Technology
39 AGs urge Congress to ban intoxicating hemp
Minnesota Attorney General Keith Ellison joined 38 other state attorneys general in a letter asking Congress to ban intoxicating hemp products such as delta‑8 and delta‑10 THC by closing federal loopholes. The AGs cite consumer‑safety concerns and urge changes to federal law that allowed psychoactive products to proliferate since the 2018 Farm Bill. Any ban would immediately affect Twin Cities retailers and consumers who buy hemp‑derived THC products.
Legal Health Business & Economy
Hennepin Ave in Uptown reopens Friday after $30M, 1.5‑year rebuild
Hennepin Avenue in Uptown Minneapolis reopens Friday after roughly 1.5 years of reconstruction between Lake Street and Douglas Avenue, a project that topped $30 million and added protected bike lanes, wider sidewalks and new bus shelters. Businesses along the corridor — some of which reported steep revenue losses (Autopia said a 60% drop) and closures such as Pizza Shark while the Uptown Art Fair relocated — received support from the city, which awarded grants to 36 businesses between Franklin and W. 36th Street through its business technical assistance program over the past two years.
Transit & Infrastructure Business & Economy
Wayzata realtor charged in $397K tax case
The Minnesota Department of Revenue says Wayzata real estate owner Kevin Patrick Mullen, 42, has been charged in Hennepin County with five felony counts of failing to file individual tax returns and five felony counts of willfully failing to pay income tax for 2019–2023, alleging about $397,000 is owed. Court documents say Mullen acknowledged missing returns in Dec. 2024, filed some in Feb. 2025, and has a first court appearance set for Nov. 12; his income came through Ideal Properties and Investments LLC, and investigators cite prior contacts about tax debts and additional unfiled years back to 2008.
Legal Business & Economy
Senate rejects Trump tariffs on Brazil
The U.S. Senate voted in bipartisan fashion on Oct. 28, 2025, to reject the Trump administration’s proposed tariffs on Brazilian imports, a move that comes amid spiking coffee prices. The decision averts new duties that could have further increased consumer costs in the Twin Cities and nationwide; details of next steps now shift back to the administration and trade agencies.
Business & Economy Government/Regulatory
Target to eliminate 1,800 corporate jobs (8%)
Target will eliminate about 1,800 corporate jobs — roughly 8% of its corporate workforce — by laying off about 1,000 employees and closing about 800 open roles, with impacted staff to be notified Tuesday, Oct. 28, 2025, and told to work from home next week. The cuts, concentrated at Target’s Minneapolis headquarters and not affecting in‑store associates, are described as a restructuring to simplify decision‑making and move faster rather than primarily to cut costs; those laid off will receive pay and benefits through Jan. 3 plus severance and support services.
Employment Business & Economy
Eastside Food Co-op restores operations after rooftop copper theft
A rooftop copper theft knocked out refrigeration at the Eastside Food Co-op, leaving shelves bare and causing a large loss of food that management called a “massive hit.” The co‑op says it has largely bounced back, with affected departments reopened and products restocked as normal operations are restored.
Business & Economy Public Safety
Cigna to drop drug rebates in many private plans
Cigna said Oct. 27, 2025 it will end drug manufacturer rebates in many private health plans, altering pharmacy benefit design for employers and members nationwide, including in the Twin Cities. The move affects plans administered by its pharmacy benefit operations; the company did not immediately specify which plans or the effective date.
Health Business & Economy
USCIS details $100K H‑1B fee: applies to overseas applicants; renewals exempt
USCIS says a $100,000 fee will apply to H‑1B petitions filed on or after Sept. 21, 2025 for beneficiaries outside the U.S. who do not already hold a valid H‑1B visa, while exemptions include amendments, changes of status, extensions of stay and petitions tied to existing valid H‑1Bs submitted before Sept. 21, 2025; F‑1 graduates changing status inside the U.S. and current H‑1B holders traveling abroad are likewise not subject to the fee. The agency has set up an online portal for paying the fee, the U.S. Chamber of Commerce has filed a major legal challenge, and employers—particularly Minnesota schools, retail and health‑care providers—warn of higher costs, potential hiring delays and adjusted recruiting plans.
Business & Economy Legal Government/Regulatory
Shutdown delays Social Security COLA announcement
A government shutdown delayed the usual announcement of the Social Security cost-of-living adjustment, leaving recipients uncertain about next year’s benefit increase. Officials have now set the 2026 COLA at 2.8%, which will raise average monthly benefits by about $56 and ends the uncertainty caused by the earlier delay.
Business & Economy Government Government/Regulatory
Social Security sets 2026 COLA at 2.8%
Social Security recipients will receive a 2.8% cost-of-living adjustment in 2026, translating to an average increase of about $56 per month, according to a report published Oct. 24, 2025. The nationwide change directly affects beneficiaries in the Minneapolis–Saint Paul metro as monthly payments adjust in the new year.
Business & Economy Government
Alaska Airlines resumes after IT outage grounds flights
Alaska Airlines said Friday, Oct. 24, 2025, that it has resumed operations after an IT outage grounded its flights for hours, causing delays and cancellations across its network. The disruption affected flights serving Minneapolis–Saint Paul International Airport (MSP) before service restarted.
Transit & Infrastructure Business & Economy
Fridley man charged with two counts in Fletcher’s firebombings; community rallies
Prosecutors have charged a Fridley man with two counts of first‑degree arson after two Molotov cocktail attacks on Fletcher’s Ice Cream in Minneapolis — one Sunday night that broke a window but was extinguished and a second in daylight Monday that failed to ignite when the wick fell out. A witness photo of a suspect in a minivan helped police make an arrest about a half‑mile away, and the community, joined by Mayor Jacob Frey and others, rallied at the shop Thursday while officials say motive — including whether it was related to the shop’s pride flag — remains undetermined.
Public Safety Legal Business & Economy
Secondary market emerges for MN cannabis licenses
FOX 9 reports Minnesota recreational cannabis licenses are being listed and resold on secondary markets, with more than 80 licenses recently posted at combined asking prices once above $100 million. One local example is a former Wendy’s site in Roseville marketed with city approval and a lease, though any change in majority ownership would reset its place in the city’s queue for three retail licenses; all transfers require approval from the Office of Cannabis Management.
Business & Economy Local Government
US, EU sanctions lift oil; gas prices may rise
The United States and European Union imposed new sanctions on Russian oil companies on Thursday, prompting a jump in global oil prices that could raise gasoline costs for Minneapolis–Saint Paul drivers in coming days. Analysts and industry watchers say higher crude and wholesale fuel prices typically flow through to the pump, with timing dependent on station inventories and supply contracts.
Energy Business & Economy
Legrand’s Minnetonka HQ building sells for $23M
Buhl Investors has sold the Minnetonka office building that houses Legrand’s new headquarters for $23 million, marking a major markup on the asset. The transaction, reported Oct. 22, 2025, underscores investor demand for single-tenant, HQ‑anchored properties in the Twin Cities market.
Business & Economy Real Estate
Robins Kaplan downsizes, moves to Wells Fargo Center
Robins Kaplan will reduce its Minneapolis office footprint and relocate to the Wells Fargo Center downtown, with a multimillion‑dollar build‑out planned, firm leaders said on Oct. 22, 2025. The move reflects a strategic shift in how the law firm uses office space in the Twin Cities’ core business district.
Business & Economy Real Estate
3M lifts outlook; shares jump nearly 8%
Maplewood-based 3M raised its full-year earnings outlook on Tuesday, Oct. 21, 2025, citing progress in its turnaround, and its shares climbed about 7.7% on the day. As one of the Twin Cities’ largest employers, the improved guidance and market reaction signal strengthening business conditions with potential implications for local operations and jobs.
Business & Economy
Funding secured for 600+ Twin Cities homes
Emerging developers have secured financing to build more than 600 housing units in Minneapolis and St. Paul, according to the Minneapolis/St. Paul Business Journal on Oct. 21, 2025. The funding advances multiple projects that would add significant new apartments/homes in both cities, marking a notable boost to the metro’s housing pipeline.
Housing Business & Economy
Xcel names Bria Shea regional president
Xcel Energy has promoted Bria Shea to regional president overseeing its operations in Minnesota, North Dakota and South Dakota. Shea brings more than 15 years of experience at Xcel Energy to the role.
Utilities Business & Economy
Walz, Prairie Island sign cannabis compact; wholesale to state dispensaries could begin in November
Gov. Tim Walz and leaders of the Prairie Island Indian Community signed a tribal-state cannabis compact on Monday, Oct. 20, 2025, establishing terms for the tribe to supply recreational cannabis to state dispensaries. If implementation proceeds as planned, wholesale deliveries to state-licensed retailers could begin as soon as November.
Local Government Business & Economy
Itasca Project leadership to end group
The Itasca Project, a business-led regional development group in the Minneapolis–Saint Paul area, is being ended by its leadership, the Star Tribune reports. The change affects a long‑running CEO and civic leader forum that has played a role in shaping metro economic strategy; details on timelines and how work may transition to other organizations were not immediately specified.
Business & Economy
Federal cuts slash Minnesota food aid
USDA funding reductions to The Emergency Food Assistance Program (TEFAP) have removed roughly 1 million pounds of food from Minnesota’s supply, and state and nonprofit officials warn deeper cuts could follow. The shortfall affects food shelves statewide, including in the Twin Cities, forcing pantries to stretch resources as demand remains high.
Health Local Government Business & Economy
South St. Paul tannery strike ends with deal
A weeklong strike at a tannery in South St. Paul ended after workers and management reached an agreement reported Saturday, Oct. 18, 2025. Details of the pact were not immediately disclosed, but the resolution concludes a work stoppage affecting a Dakota County industrial employer.
Business & Economy
Census: Minnesota poverty rate second-lowest
The U.S. Census Bureau’s latest figures show Minnesota has the nation’s second‑lowest poverty rate, though the rate has risen in recent measurements. Released this week, the new data provide a current snapshot of economic hardship that will inform policy and service planning for Minneapolis–Saint Paul and the rest of the state.
Business & Economy Health
Ford recalls 290,000 U.S. vehicles for camera issue
Ford Motor Company announced a U.S. safety recall affecting more than 290,000 vehicles due to a rearview camera system issue that may impair the display of the rear image. The recall applies nationwide, including Twin Cities owners, with Ford indicating affected vehicles will be eligible for a no‑cost remedy at dealers and advising owners to check their VINs for recall status.
Public Safety Business & Economy
HistoSonics raises $250M for global expansion
Minneapolis‑based medtech HistoSonics raised $250 million to scale its noninvasive ultrasound tumor‑treatment platform globally, according to the Twin Cities Business Journal on Oct. 16, 2025. Investors include Bezos Expeditions and Thiel Capital, and the company says the financing will accelerate commercialization and expansion of its histotripsy technology, with implications for its Twin Cities operations.
Business & Economy Health Technology
Meta expands land holdings in Rosemount
The Minneapolis/St. Paul Business Journal reports that Meta Platforms, Facebook’s parent company, has purchased additional land near its prospective data center site in Rosemount, Minnesota. The acquisition expands Meta’s footprint in Dakota County and signals continued movement on the potential data center project.
Business & Economy Technology
Medicare open enrollment starts amid MA cuts
Medicare open enrollment runs Oct. 15–Dec. 7, allowing Twin Cities Medicare members—especially those losing Medicare Advantage plans in 2026 due to insurer pullbacks—to join, drop, or switch plans. Enrollees in Medicare Advantage also have an additional Jan. 1–March 31 window to change MA plans, with coverage effective the month after enrollment; assistance is available via 1-800-MEDICARE and Minnesota Aging Pathways (800-333-2433).
Health Business & Economy
Report: Downtown St. Paul vacancies ease
Greater Saint Paul BOMA’s 2025 Market Report, released Oct. 14, finds downtown St. Paul’s competitive office vacancy improved to about 31% from a peak above 32% last year, after rising from roughly 18% in 2020. BOMA president Tina Gassman says the district is stabilizing with public‑private efforts underway, while more than 1 million square feet left vacant by Madison Equities remains a major drag.
Business & Economy Housing
Commerce Dept. bans unlicensed insurer in Minnesota
The Minnesota Department of Commerce announced on Oct. 14, 2025, that it has barred an unlicensed insurance seller from operating in the state. The regulatory action applies statewide, protecting consumers in the Minneapolis–Saint Paul metro and across Minnesota from unlawful insurance sales.
Legal Business & Economy
Downtown Council steps back from Holidazzle, Aquatennial
The Minneapolis Downtown Council says it will stop directly producing the Holidazzle and Aquatennial festivals and is seeking another organization to take over, citing inconsistent sponsorship funding and evolving needs of downtown Minneapolis. MDC will continue to promote the events and says Holidazzle will evolve into “Winterapolis,” a season‑long campaign highlighting winter activities rather than a single festival.
Business & Economy
Target pilots THC beverages at select Minnesota liquor stores
Target is piloting the sale of THC beverages at select Minnesota liquor stores, rather than in general store aisles. The move taps into what industry observers call the nation’s most competitive THC beverage market, with the pilot reported on Oct. 13, 2025.
Health Government/Regulatory Business & Economy
Nonprofit takes over Alliance Bank Center
The Saint Paul Downtown Development Corporation has acquired the vacant Alliance Bank Center in downtown St. Paul from Madison Equities and will assume property management and security from the city, officials confirmed. The nonprofit, a subsidiary of the St. Paul Downtown Alliance, will keep the building and connected skyways closed while conducting a 12‑month redevelopment evaluation, with updated skyway maps coming before winter.
Business & Economy Local Government
UPS may destroy uncleared imports under new rules
UPS told FOX Business Friday it has implemented procedures for imported packages that cannot clear U.S. Customs under newly tightened rules, saying parcels will either be returned to the shipper at their expense or, if customers don’t respond and clearance isn’t possible, disposed of in compliance with regulations. Citing Trump administration changes like suspended de minimis exemptions and stricter documentation, UPS said about 90% of shipments clear on day one and that it makes multiple contact attempts to obtain missing information, but a growing number of parcels are stranded at hubs nationwide.
Business & Economy Government/Regulatory
IRS shifts high-earner 401(k) catch-ups to Roth
The IRS issued regulations implementing SECURE 2.0 that require workers who earned $145,000 or more in the prior year to make 401(k) catch-up contributions to after-tax Roth accounts starting with the 2026 tax year. For 2025, the standard 401(k) contribution limit is $23,500 with an additional $7,500 catch-up for ages 50+ (and $11,250 for ages 60–63), but high earners will lose the option to make pre-tax catch-ups in 2026; plans without a Roth option may need updates or affected workers could be unable to make catch-ups. This change affects Twin Cities employees and employers administering retirement plans.
Business & Economy Government/Regulatory
Minnesota exports fall 19% in Q2 2025
Minnesota DEED reported Friday that state exports of agricultural, mining, and manufactured goods totaled $5.8 billion in Q2 2025, a $1.3 billion (19%) drop from Q2 2024, led by a 96% plunge in mineral fuel and oil exports to Canada (-$703 million). Exports to Mexico and China also fell more than 20%, while shipments to Ireland, the UK, Germany and Switzerland increased; officials completed a business mission to Ireland and plan a November trade mission to Germany and Switzerland.
Business & Economy Government
Mississippi Market, River Market co-ops to merge
Member-owners of Mississippi Market Natural Foods Co-op in St. Paul and River Market Community Co-op in Stillwater voted to approve a merger on Friday, Oct. 10, 2025, combining the two Twin Cities–area cooperatives. The vote paves the way for legal and operational integration affecting co-op members, shoppers, and staff in Ramsey and Washington counties; further details on timeline and branding were not immediately disclosed.
Business & Economy
UMN regents approve 9-2 transfer of Eastcliff to University Foundation
The University of Minnesota Board of Regents voted 9-2 on Oct. 9, 2025, to transfer Eastcliff to the University of Minnesota Foundation. The approval clears a $2.2 million sale of the property to the Foundation.
Education Local Government Business & Economy
State settles sex-discrimination cases with two businesses
The Minnesota Department of Human Rights announced Oct. 2025 settlements with Lakes Concrete Plus of Bemidji and Key Lime Air of Thief River Falls after finding both violated the Minnesota Human Rights Act through gender stereotyping. Each company will pay $45,000 to an aggrieved job applicant or former employee and must revise workplace policies to prevent future sex discrimination.
Legal Business & Economy
Duos raises $130M to expand aging-at-home care
Duos, a Minnesota digital-health startup launched by a former Optum executive to help seniors age at home, announced Oct. 9, 2025 that it raised $130 million in a funding round led by investors including FTV and Forerunner. The infusion ranks among the largest investments for a Minnesota startup this year and positions the company to scale its senior-care technology and services from its Twin Cities base.
Business & Economy Health
Burnsville Meridian Pointe Apartments sold for $63M
Meridian Pointe Apartments, a 339-unit complex in Burnsville (Dakota County), was sold in a $63 million transaction to a New York–based multifamily real-estate buyer, the Minneapolis / St. Paul Business Journal reported on Oct. 9, 2025. The deal transfers ownership of a large metro rental property and could affect management, rents, or operations for the hundreds of tenants who live there.
Business & Economy Housing
Largest Twin Cities credit unions, 2025 rankings
The Minneapolis / St. Paul Business Journal published a ranked list of the region’s largest credit unions on Oct. 9, 2025, reporting June 30, 2025 balances and metrics. The list names Wings Financial Credit Union as the largest with $9.48 billion in assets and provides assets, year-over-year asset changes, net income, membership counts and local executive contacts for the top institutions in the metro.
Business & Economy Banking and Finance
Evereve doubling Edina headquarters, plans hiring surge
Evereve, a women’s fashion retailer headquartered in Edina, announced on Oct. 8, 2025 a multiyear plan to double its Edina headquarters footprint, double its corporate workforce, and triple its digital revenue as it expands operations in the Twin Cities suburb. The move signals increased local hiring and investment in digital channels tied to the company’s Edina base.
Business & Economy Jobs/Employment
L.L. Bean to open Maple Grove Arbor Lakes store
L.L. Bean announced plans to open a new store at the Arbor Lakes retail complex in Maple Grove, Minnesota, scheduled for 2026. The store will consolidate space by replacing four former retail units at the development, marking the retailer’s expansion into the Twin Cities regional market and altering occupancy at a major suburban shopping hub.
Business & Economy Retail
Outdoor Retailer to move trade show to Minneapolis
Outdoor Retailer announced it will relocate its major outdoor-industry expo to Minneapolis, scheduling a reimagined three-day trade show for Aug. 19–21, 2026 at the Minneapolis Convention Center. Organizers say the move positions the show to focus on collaboration and innovation, and city leaders expect convention activity to bring measurable economic benefits to the metro.
Business & Economy Events
Tile Shop to Delist in $6.60 Cash-Out Deal
Minnesota-based retailer Tile Shop announced plans to exit public markets via a cash-out offer of $6.60 per share, a move the Business Journal reports is the company's second attempt to delist since 2019. The proposal would take the firm private, with the cash-per-share figure and the timing of the announcement provided by company filings and the Business Journal report.
Business & Economy Corporate
Wells Fargo raises checking fee 50%
Wells Fargo announced Oct. 7, 2025 that it will increase the monthly fee on its common checking account by 50%, a change that will raise costs for customers in the Minneapolis–Saint Paul metro as well as nationwide. The change was reported by the Twin Cities Business Journal and stems from the bank’s pricing update communicated to customers.
Business & Economy
U.S. News ranks two Minnesota children's hospitals
U.S. News & World Report's annual Best Children's Hospitals list (published Oct. 7, 2025) named Mayo Clinic and M Health Fairview among the top children's hospitals in the Midwest. The recognition highlights M Health Fairview's standing in the Twin Cities metro and Mayo Clinic's regional prominence in Rochester, information that may influence patient referrals and consumer choices.
Health Business & Economy
Loma Bonita Market to Open in Richfield
Loma Bonita Market, a locally owned Mexican grocery chain, will occupy the long-vacant Rainbow Foods building at The Hub in Richfield and is set to open in the next few weeks. The store — the chain's largest at more than 50,000 square feet — will include a bakery, butcher shop, taqueria and tortilleria, and city officials say the project will revitalize the strip-mall area and expand grocery options for local residents.
Business & Economy Local Government
Toro buys Canadian vacuum truck maker Tornado
The Toro Co., a Bloomington-based manufacturer, announced on Oct. 6, 2025 that it will acquire Tornado Infrastructure Equipment, a Canadian maker of vacuum excavation trucks, for $200 million to expand its construction product lineup and establish a manufacturing footprint in Canada. The deal aims to broaden Toro’s presence in construction markets and add specialized vacuum truck capabilities to its portfolio.
Business & Economy Manufacturing
Prep Network lands private equity investment in Plymouth
Plymouth-based sports-media company Prep Network announced its first private-equity investment Oct. 3, 2025, a deal the company says will fund expansion of its sports-media operations. The business, which began as a side hustle and now employs about 60 full-time staff, intends to use the capital to scale content, technology and distribution from its Twin Cities base.
Business & Economy Technology
North Loop building lands 50,000-s.f. Stagwell lease
A North Loop office building in Minneapolis has signed Stagwell to a 50,000-square-foot lease, the latest major tenant commitment downtown. The property, purchased last fall by Crowe Cos., has been rebranded and is undergoing a multimillion-dollar renovation that the owner says will reposition the asset for creative-office tenants.
Business & Economy Real Estate
Dunwoody College enrollment hits 17-year high
Dunwoody College of Technology in Minneapolis reports enrollment reaching a 17-year high as of an Oct. 2, 2025 report, with college leaders attributing the surge to strengthened industry partnerships and demand for technical-skills programs. The growth is presented as bolstering the Twin Cities skilled-trades pipeline and meeting employer needs for machinists and other technicians.
Education Business & Economy
Twin Cities suburbs face fierce apartment competition
A RentCafe report cited by the Twin Cities Business Journal on Oct. 2, 2025, shows rental demand in Twin Cities suburbs has surged, with about 12 prospective renters competing for each apartment that hits the market—up from 10 a year earlier—outpacing competition in many large U.S. markets. The increase signals tightening supply and growing pressure on affordability for metro-area renters across the Minneapolis–Saint Paul suburbs.
Housing Business & Economy
Sylvan franchise owner files bankruptcy, closes multiple Twin Cities tutoring centers
Paul Ripon, the franchise owner of multiple Sylvan Learning centers in the Twin Cities, filed for bankruptcy in U.S. Bankruptcy Court and listed more than a dozen creditors after reporting debts exceeding $600,000 — including about $205,000 owed to Sylvan Corporation and an estimated $100,000 owed to individual customers. Sylvan revoked Ripon’s tutoring licenses, forcing closures of centers in Edina, Maple Grove, Roseville and Woodbury as the Minnesota school year begins; in an owner email he wrote, "There are no funds available at this moment."
Education Business & Economy
Weidner buys downtown Minneapolis apartments for $77M
Weidner Acquisitions purchased a 13-story apartment building in downtown Minneapolis for $77 million and has rebranded the property The Grand Mill District Apartments. The sale, reported Oct. 1, 2025, expands Weidner’s Twin Cities portfolio and follows the building’s recent summer listing.
Business & Economy Housing
U.S. Bank to spend $200M yearly renovating branches
U.S. Bancorp announced it will invest $200 million a year to renovate its retail-branch network, beginning with upgrades in five key markets and signaling a strategic reappraisal of physical locations as digital banking grows. The plan, announced Sept. 30, 2025, implicates branches in the Twin Cities—where U.S. Bank is headquartered—and could affect branch operations, customer access and local construction work.
Business & Economy Corporate
Nilfisk closing Brooklyn Park plant; 105 layoffs
Nilfisk, a professional cleaning equipment manufacturer, will close its plant in Brooklyn Park, cutting 105 jobs. The shutdown affects Hennepin County workers in the Twin Cities metro; the company confirmed the closure and workforce reductions.
Business & Economy
Normandale 8500 Tower sells at steep discount
The Minneapolis/St. Paul Business Journal reports that the 8500 Tower at Normandale Lake Office Park in Bloomington has been sold at a price nearly 94% below what the lender paid when it took the property at a 2024 foreclosure auction. The Sept. 29 report cites industry experts on factors contributing to the lower price, highlighting ongoing stress in the Twin Cities office market.
Business & Economy
Trump imposes 100% tariffs on foreign films
President Donald Trump announced Monday, Sept. 29, 2025, that the U.S. will levy 100% tariffs on foreign-made films, a nationwide move that could affect how imported movies are distributed and priced in Minneapolis–Saint Paul. The White House framed the measure as part of its broader tariff policy; implementation details were not immediately available.
Business & Economy Government/Regulatory
Spirit Airlines to exit MSP in December
Spirit Airlines will end all flights and service at Minneapolis–Saint Paul International Airport, exiting the market in December. The move follows the carrier’s Chapter 11 bankruptcy filing earlier this year and comes after it had already scaled back most of its MSP flights.
Transit & Infrastructure Business & Economy
MSP Airport $600M renovation nears completion
A Sept. 27 report says a $600 million renovation program at Minneapolis–Saint Paul International Airport is nearing completion. The multi‑year capital project, overseen by the Metropolitan Airports Commission, modernizes facilities at the region’s primary airport and is entering its final phase.
Transit & Infrastructure Business & Economy
Essentia leaves UMN–Fairview health talks
Essentia Health said Friday, Sept. 26, 2025, it has exited negotiations with the University of Minnesota and Fairview Health Services over an 'All‑Minnesota' health solution intended to reshape the state’s academic health system. The move forces UMN and Fairview—operators of major Twin Cities hospitals and clinics—to reassess next steps for a Minnesota‑based model and the future governance of university‑affiliated facilities.
Health Business & Economy
Wild owner vows team will stay in St. Paul
Minnesota Wild owner Craig Leipold said Thursday, Sept. 25, 2025, that the NHL franchise will remain in St. Paul, affirming the team’s long‑term home at Xcel Energy Center. The pledge, reported by the Pioneer Press, addresses questions about the club’s future location and signals continued commitment to downtown St. Paul.
Business & Economy Local Government
Trump imposes tariffs on cabinets, furniture, trucks
President Donald Trump announced new import taxes on kitchen cabinets, furniture, and heavy trucks that will take effect starting next week. The nationwide tariffs, announced Sept. 25, 2025, are poised to impact Twin Cities consumers, retailers, home contractors, and trucking-related businesses as prices and sourcing adjust.
Business & Economy Government/Regulatory
Minneapolis Fed orders full-time office return
The Federal Reserve Bank of Minneapolis, one of downtown Minneapolis’ largest employers, has mandated a full-time return to the office, reversing hybrid or remote arrangements. The policy goes further than other large organizations that have recently tightened remote-work rules, signaling a notable shift for the downtown workforce.
Business & Economy Local Government Technology
Amazon settles FTC Prime case for $2.5B, averting jury trial
Amazon agreed to pay $2.5 billion to settle the Federal Trade Commission’s lawsuit alleging it used deceptive tactics to enroll customers in Prime and made cancellation onerous. The deal resolves a case that a judge had ruled would go before a jury, averting a federal jury trial.
Legal Business & Economy Technology
Edina’s Mark Erjavec indicted in $975K COVID-relief fraud
Mark Erjavec, 49, of Edina, has been indicted in Minnesota on five counts of wire fraud for an alleged $975,000 scheme targeting COVID-19 relief programs, according to the U.S. Attorney’s Office. Prosecutors say he reactivated dormant business entities dissolved between 2008 and 2013, opened new bank accounts, and submitted false EIDL and PPP applications with nonexistent employees and inflated revenues; he has appeared in federal court.
Business & Economy Legal
MyPillow to sell Chaska HQ, shift offices
MyPillow has put its Chaska headquarters up for sale and will relocate office functions to Shakopee, according to a Star Tribune report. The move consolidates operations within the Twin Cities metro across Carver and Scott counties; details on timing and employment impacts were not immediately disclosed.
Business & Economy Housing
Oppidan sells Pillars of Prospect Park for $140M
Oppidan sold the Pillars of Prospect Park senior living community near the University of Minnesota in Minneapolis to Ventas for $140 million, the Minneapolis/St. Paul Business Journal reports on Sept. 23, 2025. The deal is described as one of the Twin Cities’ largest real estate transactions of the year, with the property’s unique features and partnerships cited as drivers of the price.
Business & Economy Housing
Minnesota adds 5,900 jobs in August
Minnesota’s August 2025 jobs report shows a net gain of 5,900 jobs while the statewide unemployment rate ticked up to 3.6%, according to data released Sept. 18. The update, from the state’s employment agency, reflects current labor-market conditions that directly affect Twin Cities workers and employers.
Business & Economy
Toyota, Hyundai recall 1.1M vehicles for defects
On September 18, 2025, Toyota and Hyundai announced nationwide vehicle recalls totaling more than 1.1 million vehicles to address seat belt and panel display problems. The recalls affect owners in the Minneapolis–Saint Paul metro due to their national scope and will require affected vehicles to be serviced to remedy the defects.
Public Safety Business & Economy
FTC sues Ticketmaster over pricing practices
The Federal Trade Commission filed a lawsuit on Sept. 18, 2025, against Ticketmaster/Live Nation, alleging practices that force fans to pay more for concerts and events. The case seeks to curb alleged anticompetitive or unfair methods that raise ticket costs nationwide, which could affect Twin Cities consumers who buy tickets for metro venues.
Legal Business & Economy
Bluestem to close Eden Prairie HQ; 103 layoffs
Eden Prairie–based Bluestem Brands is closing its headquarters and laying off 103 employees, including its CEO, the Minneapolis/St. Paul Business Journal reports on Sept. 18, 2025. The move follows prior layoffs and two bankruptcy filings; the company’s online shops reportedly have only a few items remaining.
Business & Economy Employment
Pentair acquires Hydra-Stop from Madison Industries
Twin Cities–based Pentair announced on Sept. 18, 2025, that it acquired Illinois-based Hydra-Stop from Madison Industries. Pentair says the acquired business is expected to generate about $50 million in 2025 revenue with roughly a 30% return on sales, signaling strategic expansion of its water-related offerings.
Business & Economy Utilities
Amazon invests $1B to raise pay, cut health costs
Amazon announced on Sept. 17, 2025, that it will spend $1 billion to increase pay and lower health care costs for U.S. employees, a change that applies to workers nationwide, including those in the Twin Cities metro. The company said the investment is aimed at boosting compensation and reducing out-of-pocket medical expenses.
Business & Economy Health
Illume Candles closing Maple Grove HQ, cutting 132 jobs
Illume Candles will close its Maple Grove headquarters and manufacturing operations and lay off 132 workers, according to a Star Tribune report. The move affects employees at the Hennepin County facility and removes a local manufacturing and office footprint in the Twin Cities suburb.
Business & Economy
First metro recreational cannabis shops open
Recreational cannabis sales began Tuesday at Green Goods locations statewide, including five shops in the Twin Cities, while RISE is opening five recreational dispensaries with 8 a.m. ribbon cuttings, three of them in the metro. Legacy Cannabis in Duluth is set to open at 4:20 p.m. Tuesday with flower grown by the White Earth Nation, after a tribal compact and new state licenses eased supply constraints that had delayed non-tribal openings.
Business & Economy Legal
Falcon Heights nets $49K from State Fair parking
The City of Falcon Heights reports earning a $49,000 profit from on-street parking fees charged during the Minnesota State Fair in areas near the fairgrounds. The fees were enforced on city streets in Falcon Heights during the event, generating revenue beyond program costs.
Local Government Transit & Infrastructure Business & Economy