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MN Small Biz Owners: Economy Is Most Important in Election

Small businesses owners in the state who responded to a recent survey said that the economy and jobs are the most critical issues in the upcoming presidential election, while ethics, honesty, and corruption in government are also important when selecting a candidate.

Brian Kobilka

MN Native Brian Kobilka Wins Nobel Prize for Chemistry

University of Minnesota Duluth alumnus Brian Kobilka and Robert Lefkowitz of Duke University will share the award for their research on protein receptors, which help the body sense and respond to outside signals.

New MN Biz Filings Up 18%, Could Set New Record

New business filings for the first three quarters of 2012 totaled 47,069, compared to 39,977 for the same period in 2011.

Wells Fargo Grows MN Deposits, Widens Lead on U.S. Bank

According to new data, Wells Fargo holds 43 percent of bank deposits in Minnesota—up from its 30.5 percent share last year and nearly double the 22.5 percent share held by local competitor U.S. Bank.

Twin Cities Restaurants on Zagat’s Best-of Rankings

In a survey in which 10,554 diners weighed in on everything from their favorite burger and fries to salad and fast-food chain, Caribou Coffee and Buffalo Wild Wings were among the local chains that did well.

U.S. Bank Execs. Among “Most Powerful Women in Banking”

Additional company executives made appearances on American Banker magazine’s 25 “women to watch” ranking and its list of top banking teams.

MN Cos. Shed 2K Jobs in Aug; Jobless Rate Is 5.9%

However, there is a silver lining: The state has added 24,500 jobs in the past year, representing a growth rate of 0.9 percent—and Minnesota’s unemployment rate still remains well below the national rate, which was 8.1 percent last month.

Mpls. Boasts Highest Average Credit Score in Nation

In Experian’s ranking based on the average of credit scores of residents in 143 U.S. cities, Minneapolis reclaimed the top spot after losing it in 2011 after four straight years of coming in first.

Developer Wirth to Pay $6.5M, Serve 4 Yrs. for Tax Fraud Conspiracy

The owner of The Wirth Companies and developer of major Minnesota projects like the Grand Lodge Hotel Waterpark in Bloomington was sentenced to four-and-a-half years in prison and ordered to pay $6.46 million in restitution.

U of M Researchers Receive $600K to Clean Fracking Waste

Three University of Minnesota researchers are developing technology that will use natural bacteria to purify water contaminated due to fracking.

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