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Companies Brace For New Rules Over "Conflict Minerals"

A new rule requires publicly traded manufacturers to disclose whether their products include minerals whose sale funded armed conflict in the Congo—and the rule will have a ripple effect on smaller companies as well.

MPR Parent American Public Media Names New CFO

Morris Goodwin will fill a vacancy left after longtime Chief Financial Officer Mark Alfuth retired last summer.

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.

Famous Dave’s Fires President Soon After CEO Resigns

Less than a month after the company’s CEO resigned, Famous Dave’s chose to fire its president and chief operating officer.

Mayo's Operating Profits Climb 55%; CEO Talks Strategy

Mayo Clinic said it beat expectations in 2013, and CEO John Noseworthy, who recently spoke to Twin Cities Business about the future of health care, highlighted ongoing initiatives.

2 MN Cos. Make Fortune’s List Of “World’s Most Admired”

3M ranked 23rd and Target 29th, although both fell several spots from last year’s list.

Two MN Fortune 500s Add Female Board Directors

Dianne Neal Blixt and Amy DiGeso were appointed to Ameriprise Financial’s board; Suzanne Vautrinot, meanwhile, has become an Ecolab director.

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.

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.

Managing Partner Resigns From Mpls. Design Firm

Tricia Davidson is leaving Minneapolis-based Duffy & Partners.

Whistleblower Lawsuit Costs Globe University Nearly $1M

After Heidi Weber, one of the for-profit school’s former deans, was awarded almost $395,000 in a whistleblower lawsuit, a judge has now ruled that the school must pay an additional $570,000.

The Business Of Tom Barnard

Inside the business life of Tom Barnard—the least-known, most relevant aspect of the Twin Cities’ most important radio personality.

Famous Dave's CEO Resigns After 16 Months

Former McDonald's executive Ed Rensi, who joined the Famous Dave’s board a month ago, will lead the company on an interim basis; he succeeds John Gilbert, who resigned after roughly 16 months in the job.

Small-Biz Owners Sought For Leadership Training Program

The U.S. Small Business Administration is offering local small business owners and CEOs an MBA-like curriculum meant to help them grow.

Leader Sought For Rochester Econ. Development Agency

The new post at Rochester’s Economic Development Agency will help steer Destination Medical Center planning.

Activist Investor Calls Foul, Won’t Attend ShopHQ Meeting

The Clinton Group claimed in a recent letter that ValueVision broke state law by not holding a special shareholders meeting 90 days after it was requested—but the Minnesota company argues that Clinton’s original request was invalid.

Entrepreneur Of The Yr. Awards Seek Nominations

Ernst & Young is seeking nominations for outstanding entrepreneurs in Minnesota, Iowa, Nebraska, North Dakota, and South Dakota.

Edina Realty Names New CEO, Replacing Bob Peltier

Bob Peltier, who began his real estate career in 1978 and was appointed CEO of Edina Realty Home Services in 2009, is stepping down but will remain chairman emeritus; Greg Mason is the company's new leader.

With Minnesota Orchestra Lockout Over, Businesses And City Tally Losses

Minneapolis finance officials estimate city restaurants, like MASA, left, lost $1.7 million in dining revenues for the season.

Ad Agency Rebrands After Hiring Former Olson CEO

Kevin DiLorenzo has joined forces with Bob Barrie and Stuart D’Rozario, whose firm will now be called Barrie D’Rozario DiLorenzo.

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