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The Minnesota Spokesman–Recorder is an African-American, English-language newspaper headquartered in Minneapolis, Minnesota and serves readers in the Twin Cities.Founded in 1934 by Cecil Earle Newman (who remained editor until his death in 1976), [2] it is the oldest continuously operated black newspaper and longest-lived black-owned business in Minnesota.
23. Federated Mutual. Insurance Company. 897. 24. Sleep Number. 998. Source: 2021 Fortune 500 [1] The following list of Minnesota companies includes notable companies that are, or once were, headquartered in Minnesota.
— The National Negro Business League Historian Juliet Walker calls 1900–1930 the "Golden age of black business." According to the National Negro Business League, the number black-owned businesses doubled from 20,000 1900 and 40,000 in 1914. There were 450 undertakers in 1900 and, rising to 1000. Drugstores rose from 250 to 695. Local retail merchants – most of them quite small – jumped ...
Today, Black-owned businesses span a range of industries, with healthcare social assistance services being the most common. In 2021, Black-owned businesses provided jobs for around 1.4 million ...
39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
It is based in Maplewood, a suburb of Saint Paul, Minnesota. [9] 3M made $35.4 billion in total sales in 2021 and ranked number 102 in the Fortune 500 list of the largest United States corporations by total revenue. [10] As of 2021, the company had approximately 95,000 employees and operations in more than 70 countries. [11]
The 16th Battalion was the first African American unit formed by the State of Minnesota. [97] Companies A, B, and band were formed in St. Paul while C and D Companies came from Minneapolis. [97] Because of the bigotry the soldiers experienced at enlistment, they insisted their officers be black. [97]
The St. Paul Companies was the oldest company in Minnesota. In 2004, they merged with Travelers and in 2009 they moved their headquarters to New York City . In 2008, Northwest Airlines announced that it was merging with Delta Air Lines and moving its headquarters to Atlanta , Georgia .