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As the season is about to change, so is one of the principal sponsors at Major League Baseball. Esurance, long considered across the industry as an archetypal client for the “One Baseball” regime ushered in with the installation of Rob Manfred as commissioner in January 2015, is out at internet speed. Of course, since the regime change to “One Baseball,” MLB’s sponsorship business has also moved in that direction, so it looks like a good fit.
International Dairy Queen Inc. said Friday that it will move its long-time headquarters from Edina to Normandale Lake Office Park in Bloomington. The company has leased 50,000 square feet in the 8000 Tower in the park, located at 8000 Normandale Blvd. The new space, which will be designed by HGA Architects and Engineers, will include a new test kitchen, collaborative spaces and updated technology, a press release said. Dairy Queen's current home is 7505 Metro Blvd. in Edina, about a half-mile away from Normandale Lake.
Battery maker Duracell has tapped “This is Us” actor Milo Ventimiglia to star in a light-hearted fire safety public service announcement. The PSA, which is on Duracell's Facebook page , features Ventimiglia’s voice reminding people to change their smoke detector batteries on Daylight Saving, which occurs this Sunday. Duracell said it is “sounding the alarm on fire safety and prevention with a humorously toned PSA that pokes fun at the seemingly uselessness” of having to change the clock on Daylight Saving day.
A "crisis" of access to health care, rising drug costs, the need to treat more people with fewer hospital beds and a seemingly permanent state of regulatory uncertainty are among the challenges faced by the region's health industry. The Sacramento Business Journal gathered five executives of local hospitals, physician groups and managed care organizations for our annual Healthcare Leadership Forum.
Stock markets took a wild ride Tuesday following a record-setting selloff Feb. 5 that sent shockwaves throughout the U.S. economy. Among the biggest losers as of Monday was Seattle-based radio technology and software maker Impinj Inc. (PI), which saw its stock price plummet 45 percent to $11.94 between Jan. 29 and Feb. 5. In the Triad, vTv Therapeutics (VTVT) took the biggest hit in stock price, as shares decreased by 12 percent since Jan. 29.
Stock markets took a wild ride Tuesday following a record-setting selloff Feb. 5 that sent shockwaves throughout the U.S. economy. For example, health care stocks spiraled in the wake of the joint announcement by Amazon (AMZN), Berkshire Hathaway (BRK-A) and JPMorgan Chase (JPM) of plans to create a joint health care venture aimed at reducing health care costs for employees.
Three of the nation's most recognizable CEOs — Warren Buffett of Berkshire Hathaway, Jeff Bezos of Amazon.com, and James Dimon of JPMorgan Chase — want to form an independent health care company. The news took an almost immediate toll on the stocks of major health care companies.
Gretchen Rosenberg has been promoted to president and chief executive of Denver-based Kentwood Real Estate. Former CEO Peter Niederman has been named chairman, where Kentwood says he will remain active in support Rosenberg and her team. Rosenberg has been a realtor since 1996 and has worked for Kentwood since 1998.