Banking + Finance

Heart

Recent Changes Are Making Charitable Giving More Personal

New tax laws, new donor priorities and new tools for charitable giving are changing philanthropy and wealth management.

March 24, 2014

Two former investment agents accused of swindling elderly clients

Two former employees of Ameriprise Financial Services are accused of defrauding elderly clients and their former employer of more than $930,000, according to the Minnesota Department of Commerce...

March 19, 2014

Thanks, Uncle Sam: Survey shows how we'll spend our tax refunds

Splurge…or plan for a rainy day? According to a new survey reported in the Wall Street Journal, half of all American adults who expect to get a tax return this year indicate that they plan to...

March 18, 2014

Christopher & Banks’ Stock Jumps Despite Drop In Sales

The women’s clothing retailer beat analysts’ expectations as it neared profits for its fourth quarter, and it announced plans to consolidate more stores.

March 13, 2014

Money

Mpls. Sports Tech Co. Lands Another $15M In Funding

TST Media, which operates under the Sport Ngin brand, reportedly received $10 million from Piper Jaffray and $5 million from a California venture capitalist firm.

March 10, 2014

Governor Mark Dayton

Dayton Proposes $616M In Tax Cuts Due To Budget Surplus

Governor Dayton’s proposal would cut certain middle class taxes, B2B taxes, local government and nonprofit taxes, eliminate the gift tax, and increase angel investor tax credits.

March 06, 2014

Weights

Jury Finds Former Bixby Energy CEO Guilty On All Counts

Bixby Energy Systems founder Robert Walker was convicted on 17 counts of criminal conduct, including witness tampering and defrauding investors, after just a day and a half of jury deliberation.

March 05, 2014

Financial Charts

Mpls. Investment Firm Nearly Doubles Funds On Recent Deal

Castlelake recently closed on $1.4 billion in new capital commitments, bringing its total managed assets to $3.6 billion.

March 05, 2014

Governor Mark Dayton

Untax The Rich? Dayton Offers Different Tone This Year With Gift, Estate Tax Proposals

It appears that Gov. Mark Dayton is set to eliminate the gift tax, which he signed into law last spring.

March 05, 2014

Lawmakers closer to raising Minnesota's minimum wage

State lawmakers on Monday reached what the Star Tribune calls a breakthrough in a long-deadlocked debate about raising Minnesota’s minimum wage – although disputes persist among DFL leaders...

March 04, 2014

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