Business
NACDI aims to transform Minneapolis Native American community
"We will return to our ceremonies, and we will gain back our strength and our values," said Justin Kii Huenemann, President and CEO of the Native American Community Development Institute (NACDI). "We are just at the beginning of this new prosperity." That, at least, is the prophecy that Huenemann learned as a young man and re-told to the October 22 American Indian Community Development Symposium. According to the prophecy, the Native people of North American (or Turtle Island) would endure seven generations of extreme hardship-- they would lose their language, turn away from their ceremonies and traditions, and experience terrible tragedies, death, and famine, but at the end of the seven generations, there would be a period of prosperity. According to the prophecy, it will take seven more generations to bring about the resurgence or culture, language, and strength to the Native American people in North America. MORE »
OPINION: Small acts can challenge corporate power
Sometimes it pays to act small. Grab a cup of coffee at Tillie's Bean instead of Starbucks; shop at your local food co-op instead of Cub; bank at the credit union instead of TCF. The benefits? Small family- and community-owned businesses reinvest their dollars in the community. It's a win-win for, well, almost everyone. MORE »
NEWS DAY | Pop-up shops
With retail vacancies high, reports the Star Tribune, malls are looking more favorably on “pop-up shops:” short-term leases, often with a focus on the holidays (think Spirit Halloween Superstores) or smaller, local businesses trying to see whether they can make it in the big time.MORE »
Jobs task force hears Greater Minnesota concerns
Members of the House Jobs Task Force took a field trip to gather input from Greater Minnesota businesses on how the state can help them expand and hire more workers.MORE »
NEWS DAY | Economy up, economy down, and joblessness continues
The economy “grew at a 3.5 percent pace in the third quarter, the best showing in two years,” signaling an end to the reccession, according to an AP report published in the Pioneer Press today.MORE »
NEWS DAY | Under the radar and off the web
In a print-edition-only article Sunday, (UPDATE - now online) the Star Tribune reported the latest on a fraudulent currency investment program promoted by Twin Cities money managers that swindled investors across the United States, Europe and Latin America.MORE »
NEWS DAY | God’s bank closed, others on watch list
Riverview Community Bank failed Friday, becoming the fifth Minnesota bank and the 106th U.S. bank to be closed this year. MPR reports that the bank’s owner had claimed divine backing:
When Riverview opened in March 2003, co-founder Chuck Ripka told the Pioneer Press that God told him to get the bank going.MORE »
A positive solution for excessive Wall St. bonuses
Perhaps nothing in our economic system in recent times has been so offensive, so egregious, and so repulsive to the American public as the obscene bonuses paid to Wall Street bankers and investment companies. Exacerbating this situation is the fact that the largest of these firms were essentially "saved" by government intervention, yet the top executives of these companies seemed to thumbMORE »
Carrotmob targets businesses with green shopping mob
Sometimes you can get more done with a carrot than a stick. An angry mob with sticks can get their way, but so can a friendly mob with carrots.MORE »
Private bio-science companies and U look to spur innovation
During the last few years of his 24-year run as a Medtronic executive, Dale Wahlstrom, a native Minnesotan, was saddened when he had to make more and more investments outside of his home state to stay competitive.MORE »
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