Twin Cities no longer the metro area with lowest unemployment

Categories: Business

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Susan Lesch via Wikimedia

Remember a month ago, when everybody was celebrating the Twin Cities' new ranking as the metro area with the lowest unemployment rate? The state pointed to it as more evidence that the area was coming back strong from the recession. Big networks like CNBC even got in on the act.

Well, only a few weeks later, it looks like we've already lost the title, along with a few jobs. According to BLS data, the area's unemployment rate rose to 4.5 percent in June, and the region is down number two in the nation, with Austin nudging us out by only .1 percent. But don't panic about the new designation: these rankings always tend to shift around, and month-to month numbers don't tell the whole story.

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Twin Cities has lowest unemployment rate of any U.S. metro

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Hell's Kitchen applauds minimum wage increase

Categories: Business
One of the Twin Cities' busiest restaurants actually thinks the minimum wage increase that went into effect August 1 isn't enough.
Though restaurants like the River Oasis Cafe in Stillwater and the Blue Plate family have made no secret about not being fans of Minnesota's first minimum wage increase in nearly a decade, one downtown Minneapolis restaurant has embraced it.

Pat Forciea, marketing director for Hell's Kitchen, tells us management and ownership at his restaurant "strongly supported the minimum wage increase."

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Rep. Frank Hornstein talks about living on minimum wage for a week

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River Oasis Cafe getting killed for "Min Wage Fee" on Yelp

Categories: Business
River Oasis Cafe's Yelp page is hosting a heated discussion of the restaurant's controversial fee.
News that Stillwater's River Oasis Cafe is charging customers a 35-cent "minimum wage fee" has resulted in people from around the world destroying the place on Yelp.

Most of the Yelp reviews posted pre-minimum wave kerfuffle were positive, but the restaurant's aggregate score is quickly being dragged down as more and more people post their objections to the fee.

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David Witt's cool Stillwater PBR mural painted over just before completion [PHOTOS]

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Seward Co-op dumps some products made by anti-birth control Eden Foods, cites poor sales

Co-ops and groceries might not be boycotting Eden, but at Seward, a critical mass of customers are.
As local co-ops and groceries take heat for not dumping products made by Eden Foods, a Catholic-owned company under fire for refusing to provide birth control to its employees on the heels of the U.S. Supreme Court's Hobby Lobby ruling, the response from places like Mississippi Market and the Seward Co-op has been largely the same -- they won't boycott, but urge customers to vote with their dollars.

Some are apparently doing just that at the Seward Co-op, and in response, management announced earlier this week that they've already stopped selling some Eden products.

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Abortions at record low in MN thanks to health care access, contraceptive mandate, NARAL says

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Champions lawsuit alleging systemic city racism against "black bars" likely died with business

With the bar and its lawsuit going the way of the dodo, this might be the last time we write about Champions.
In 2012, Champions Sports Bar and Grill, a Lake and Nicollet dive, filed suit against the city of Minneapolis alleging officials, motivated by a desire to drive "establishments which cater to the African American community" out of business, had been unlawfully harassing the bar and its ownership for the better part of two years.

The city was in the habit of "violating the due process rights of establishments which cater to the African American community by attempting to impose unnecessary liquor license conditions on those establishments in an attempt to drive those establishments out of business," the lawsuit, which sought hundreds of thousands of dollars from the city for retaliation, defamation, malicious prosecution, abuse of process, and violation of due process, among other claims, said.

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Champions Sports Bar haven for crack cocaine dealing, says Minneapolis police

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Stillwater cafe now charging customers a "minimum wage fee"

Oasis Cafe says the minimum wage increase will cost it $10,000 yearly, and it's passing some of that on to customers.
:::: UPDATE :::: River Oasis Cafe getting killed for "Min Wage Fee" on Yelp

Last Friday, for the first time in nearly a decade, Minnesota's minimum wage went up. The first in a series of incremental hikes brought the wage floor from $6.15 to $8 per hour for relatively large companies, and from $5.25 to $6.50 for small ones.

As you'd expect, some businesses aren't thrilled about that -- especially bars and restaurants, as the new law doesn't include a tip exception.

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Mark Dayton backtracks on comments about tipped employees making lower minimum wage [AUDIO]

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New lawsuit against MN company shows the dangers in the business of blood

Categories: Business

Flickr via Michelle M. F.

When the Minneapolis-based company General Blood LLC launched in 2010, it came with a promise that it could revolutionize the market for blood. Founders Ben Bowman and David Mitchell wanted their company to connect the blood donation centers across the country to hospitals and labs, getting them blood quicker and cheaper.

But according to a lawsuit filed last month in Hennepin County District Court, getting through to parts of that market hasn't been so simple. And that's led to a feud in court between General Blood and one of its suppliers, the Oklahoma Blood Institute, showing the world the inner workings of the complicated business of buying and selling blood.

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The Business of Blood

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Medtronic says coverage of local job cuts buries the lede

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Medtronic's world headquarters (pictured) is currently in Fridley, but the company plans to pack up and move to a more tax-friendly country.
Yesterday, the Minneapolis/St. Paul Business Journal broke news that Medtronic, Minnesota's eighth-largest company, is cutting 40 local jobs. That development comes less than a month after Gov. Mark Dayton said Medtronic CEO Omark Ishrak personally assured him his company plans to create 1,000 new jobs here even though it will be relocating its headquarters to Ireland.

A few paragraphs into the piece, the Business Journal notes that Medtronic "notified the Minnesota Department of Employment and Economic Development (DEED) [of the cuts] in April. The state agency recently disclosed the cuts in an update to its Dislocated Worker Program report." But a Medtronic spokesman says that tidbit should really be front and center in reports about the local job losses.

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Medical biz prof Stephen Parente on Medtronic move: "It's kinda hard to see this occur"

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Green Line construction didn't scare businesses from Central Corridor -- quite the opposite

Photos via Laura Baenen
The Episcopal Homes development on the former Porky's Drive-In site is one of many new construction projects along the Green Line.
One of the arguments rail haters made when LRT line being seriously discussed for University Avenue was that construction itself would kill local businesses.

With University ripped up for years, parking would be hard to find, and customers would forsake the Central Corridor in favor of more accessible places, the theory went. But numbers provided to us by the Metropolitan Council indicate that's not at all how it played out in reality.

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Anti-LRT protest on Green Line's opening day was a bust

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Franken, Klobuchar strike similarly moderate positions in response to Medtronic news

Is whether Metronic stays in Minnesota something our politicians can control? That's the question.
-- Correction at bottom --

Minnesota's eighth-largest company is relocating overseas. The New York Times views the move through the lens of federal tax policy and the taxes Medtronic can avoid paying by leaving America, while the company itself cites more benevolent reasons, like access to European markets.

In any event, the news doesn't sound auspicious for our state economy, right? But in response, DFL Gov. Mark Dayton is donning rose-colored glasses.

See also:
Medical biz prof Stephen Parente on Medtronic move: "It's kinda hard to see this occur"

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