Day: September 29, 2022

What is Minneapolis Known for in Business?

As a business city, Minneapolis is known for its high-quality talent, innovation and entrepreneurial spirit. It is home to more Fortune 500 companies than any other metro area in the world, and is a leading innovator in a range of industries from renewable energy to medical technology. The city also boasts the highest concentration of banks per capita in a major metropolitan area, making it a popular place for companies that need financial talent.

Nicollet Mall

Nicollet Mall is a twelve-block strip that runs through downtown Minneapolis, Minnesota. It is an important part of the city’s cultural and business life, as well as a major shopping district. It is also home to a transit station and bus routes that give visitors and residents easy access to downtown destinations.

Visitors and residents can enjoy downtown Minneapolis’ shopping, dining, and entertainment options on foot. Nicollet Mall is also accessible by public transportation. The Blue and Green lines run through the area. The downtown area also has numerous skyways for pedestrian transportation. You can also find parking decks that connect to the skyway system. If you’re traveling by car, you can find parking on nearby streets or in nearby buildings.

One of the most well-known scenes from the show “Mary Tyler Moore Show” was filmed on the Nicollet Mall. This scene is famous in television history, as it was the setting of the opening credits scene of the show. It also served as the site for many location shots during the run of the show.

General Mills

General Mills is a global food company with a large presence in the Twin Cities. Some of the brands it makes include Annie’s, Pillsbury, Old El Paso, Haagen-Dazs, and Cheerios. The company is headquartered in Minneapolis, Minnesota, and generated U.S. $17 billion in fiscal 2020. In addition, the company’s non-consolidated joint venture net sales were $1.0 billion.

In the early 1960s, the company began diversifying into other sectors. It sold off unprofitable flour mills and moved into snack foods, children’s products, and clothing. In the mid-1980s, it concentrated on consumer foods. It acquired Chex cereal from Ralston Purina and acquired Pillsbury in 2001.

In 1993, General Mills achieved more than $8 billion in sales, with packaged goods accounting for two-thirds of the revenue. The company’s restaurant division contributed the remaining three-fourths of its revenue. Moreover, it had the highest return on equity in the industry for five years. In addition, the company has pledged to reduce its greenhouse gas emissions by twenty-eight percent over the next decade.

Jasc Software

Jasc Software was a computer company known for creating popular graphics editing programs such as Paint Shop Pro. Its headquarters were in Eden Praire, Minnesota. Founded by Robert Voit, the company was initially called Just Another Software Company. It later changed its name to Jets and Software Company. It was acquired by Corel in 2004 and continued to operate from its Eden Praire facility until 2007. In 2007, the company announced it would no longer develop or sell software for personal computers.

Corel will continue to be based in Ottawa, Ontario, Canada. It will also continue to operate the former Jasc facility in Minneapolis. Amish Mehta, Jasc’s ceo, and several other senior management members will join the new company. Jasc products such as Paint Shop Pro will be sold by Corel as standalone applications. Corel will also provide worldwide service and support for these products. Additionally, it will support new R&D initiatives to ensure that the next-generation of Jasc products continue to flourish.

With the acquisition of Jasc, Corel has strengthened its software portfolio by adding the popular Paint Shop family to its own. The company plans to continue selling standalone products of the Paint Shop line and invest in new R&D initiatives for the Jasc product line. In addition, Corel intends to continue supporting Jasc’s software as well as Corel’s other software products. The acquisition also marks a turning point for Corel, which has now had four consecutive quarters of profitability.


DailyPay, a New York-based pioneer in instant access to earned wages, is opening its second office in Minneapolis, Minnesota. It will house 100 new employees and support payment services and customer support teams. The company chose Minneapolis for its proximity to existing employer partners, a strong talent pipeline, and a shared commitment to business innovation. The city is also known for its entrepreneurial culture and mission-driven environment, which matches well with the DailyPay philosophy.

Currently, the Minneapolis-based company is based in the Industrious co-working space in RBC Plaza, and is actively looking for a permanent location. It is also planning to host an invite-only dinner during Twin Cities Startup Week, where it is one of the sponsors.

DailyPay is part of a rapidly growing fintech scene in Minneapolis. It has partnered with a number of businesses in the area, including BiteSquad, Branch, and Upsie. Earlier this year, it launched a payday-advance service. Currently, the company employs 16 people in Minneapolis and has plans to hire another 100 by the end of the year.

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