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Victor Stefanescu

Reporter
Stefanescu previously covered the business of food, aviation and real estate for news outlets in the Northeast and St. Louis, his hometown. He is a graduate of Boston College, where he studied communication and led the independent student newspaper, The Heights.

Latest from Victor Stefanescu

Best Buy takes a half-step back from health tech with Current Health sale

The Minnesota-based retailer bought the patient monitoring startup Current Health for about $400 million in 2021.
June 27, 2025

Minnesota addiction treatment provider to pay $18.5M in Medicaid kickback settlement

Nuway Alliance, which has facilities across Minnesota, allegedly violated federal anti-kickback rules and submitted false Medicaid claims.
June 26, 2025

Boston Scientific selling 24-acre Minnetonka complex, moving workers to Maple Grove expansion

The medtech company has invested hundreds of millions in ballooning its footprint in the northwest Twin Cities suburb.
June 10, 2025

How a St. Paul civil engineering firm has thrived through intentionally slow growth

You’ve probably driven on a road Isthmus Engineering helped design. Katie Toghramadjian will turn down work to make sure the company doesn’t grow too fast.
June 10, 2025

Minnesota medtech firms increase lobbying as tariff costs pile up

Medtronic, Abbott Laboratories and Boston Scientific all increased lobbying by at least $100,000 for the first quarter of year.
June 9, 2025

Medtronic ups return-to-office policy for hybrid workers to four days a week

Previously, Medtronic required hybrid employees to work from the office three days per week.
May 29, 2025

Boston Scientific to cut jobs after discontinuing heart device

The company, with a huge Minnesota cardiology division, is cutting its Acurate devices, citing conversations with regulators.
May 28, 2025

Planned Parenthood North Central States to lay off 66 workers, restructure presence in Minnesota

The restructuring affects health centers in Apple Valley, Bemidji, Richfield and Alexandria.
May 23, 2025
three police cruisers sit in the street in front of a building that has a sign saying planned parenthood

Minnesota medtech firms increase lobbying as tariff costs pile up

Medtronic, Abbott Laboratories and Boston Scientific all increased lobbying by at least $100,000 for the first quarter of year.
June 9, 2025

Medtronic ups return-to-office policy for hybrid workers to four days a week

Previously, Medtronic required hybrid employees to work from the office three days per week.
May 29, 2025

Boston Scientific to cut jobs after discontinuing heart device

The company, with a huge Minnesota cardiology division, is cutting its Acurate devices, citing conversations with regulators.
May 28, 2025

Planned Parenthood North Central States to lay off 66 workers, restructure presence in Minnesota

The restructuring affects health centers in Apple Valley, Bemidji, Richfield and Alexandria.
May 23, 2025
three police cruisers sit in the street in front of a building that has a sign saying planned parenthood
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