July 17, 2020

Minneapolis virtual technology business names new CEO after breakout 2Q

Minneapolis-based Qumu Corp. has named a veteran technology executive, TJ Kennedy, as its new president and chief executive. Kennedy joins Qumu as the small public […]
July 17, 2020

Pentagon report: Turkey sent up to 3,800 fighters to Libya

Turkey sent between 3,500 and 3,800 paid Syrian fighters to Libya over the first three months of the year, the U.S. Defense Department’s inspector general […]
July 17, 2020

Netflix, Norwegian Cruise fall; LendingTree, J.B. Hunt rise

NEW YORK — Stocks that moved heavily or traded substantially on Friday: J.B. Hunt Transport Services Inc., up $4.27 to $136.82. The trucking and logistics […]
July 17, 2020

New Minnesota $15M investment fund to help 'bridge' financial gap for startups

Many emerging businesses have good ideas, products, or services and demonstrated revenue growth but lack the money and mentorship to take the next steps in […]
July 17, 2020

Stress rises for unemployed as extra $600 benefit nears end

WASHINGTON — A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay […]
July 17, 2020

North Dakota oil production hits seven-year low after COVID-19 upends petroleum demand

With COVID-19 upending petroleum demand, North Dakota’s oil production fell 30% in May, hitting a monthly low not seen in seven years. “The second quarter […]
July 17, 2020

Median price hits $305,000 in June as Twin Cities sees surge in home sales

June was one of the best on record for home sellers in the Twin Cities, according to new monthly sales data. Last month, buyers signed […]
July 17, 2020

Biz Buzz: Sunshine's SummerHouse opens

The business is described as a craft kitchen with elevated cocktails. Mornings include fresh fruit smoothies, large made-from-scratch caramel rolls, as well as avocado toast. […]
July 17, 2020

Hmong, Somali and Latino malls in Twin Cities devastated by economic effects of pandemic

Xue Lor has always relied on foot traffic to bring business to his electronics repair shop, Lor Imports, in Hmong Village in St. Paul. Yet […]
July 17, 2020

About a third of all nonprofit workers in Minnesota have filed for unemployment during COVID-19

More than 130,000 Minnesota nonprofit employees — a third of all nonprofit workers in the state — have filed for unemployment since the COVID-19 pandemic […]