Technology

Hutchinson Technology to cut jobs at Eau Claire factory

Hutchinson Technology Inc. (HTI) is eliminating 78 jobs at its Eau Claire, Wisconsin, factory. The Leader-Telegram reports the company said in a filing with the Wisconsin Department of Workforce...

March 05, 2014

Minnesota man becomes first in state to get new cardiac device

A Minnesota man has become the first in the state to receive a new implant device to help with heart-racing issues, FOX 9 reports. The tiny device, which is hidden behind a band-aid on 37-year-old...

March 05, 2014

Top officer out as Target restructures security oversight team

In the wake of the massive data breach that has put Target on the hot seat with customers, banks and lawmakers, the company’s chief information officer has announced she is leaving the...

March 05, 2014

High-speed hang-ups: Bill aims for faster Internet in greater MN

Two lawmaker are hoping to better connect rural Minnesota. Northland’s News Center reports Rep. Erik Simonson (DFL-Duluth) and Sen. Matt Schmit (DFL-Red Wing) introduced a $100 million dollar...

February 28, 2014

M&A

Report: 3M Mulling Sale Of $1B Electronics Units

Bloomberg News reported that the Minnesota company is working with Goldman Sachs to sell some of its business units piecemeal.

February 27, 2014

Best Buy store

Best Buy: Profits, Stock Price Climb; 2K Layoffs Planned

Best Buy swung to a profit in its fourth quarter but is reportedly planning to cut up to 2,000 managers across the country.

February 27, 2014

Target store

Canada Woes Hurt Target’s Profits More Than Data Breach

Target’s profits fell 46 percent in the fourth quarter, dropping from $1.47 per share to $0.81 per share; Target attributed $0.40 of the loss to its Canadian segment and $0.02 per share to the data breach.

February 26, 2014

Minnesota’s Attorney General Lori Swanson

MN AG Urges Congress To Take Aim At “Patent Trolls”

Attorneys general from 42 states, including Minnesota, are advocating for patent reforms that they say would protect businesses from the threat of unnecessary litigation.

February 26, 2014

Banks file first Minnesota lawsuits against Target over data breach

A group of five southern Minnesota banks is suing Target to recover costs associated with the data breach at the Minneapolis-based retailer. Similar lawsuits have been filed by banks around the...

February 24, 2014

White House group

White House Recognizes Mpls. Lawyers' Pro Bono Program

A program that was born in Minnesota and provides pro bono legal services to lower-income inventors was highlighted as the president outlined new patent reforms.

February 24, 2014

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