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One in five Minnesotans is expected to use the new online marketplace, called MNsure, according to the governor’s office, but some groups are concerned about its control and financing structure.
Minnesota has regained 159,100 of the 160,100 jobs that were lost during the recession; meanwhile, the jobless rate held steady at 5.5 percent in February.
James Fry pleaded not guilty after the filing of a new indictment that removed charges against Frank Vennes, who recently pleaded guilty.
Following the sale, Supervalu will have annual sales of about $17 billion; meanwhile, the buyer, an affiliate of Cerberus Capital Management, will become the company’s largest shareholder, with 21.2 percent of outstanding common shares.
Burning Brothers Brewing, which will open its doors this summer and hopes to have a taproom, will be the only 100 percent gluten-free brewery in the Midwest.
The company’s earnings climbed nearly 2 percent while sales increased 8 percent during the third quarter, driven largely by sales in recently acquired businesses.
Nicholas Wang, the CEO of Best Buy’s Five Star electronics chain in China, reportedly left the company earlier this week.
That figure represents a 0.6 percent increase from the fourth quarter of 2011, lagging the 2.8 percent national average during the period.
Patterson, Apogee Enterprises, and Hawkins were recognized by Forbes alongside 97 others that have “consistently demonstrated transparent and conservative accounting practices and solid corporate governance and management.”
Some of the company’s products that are used in catheterization procedures have been recalled because of a potential for air leakage, which could lead to an obstructed artery and result in serious injury or death.
Jason Michael Meyer admitted to diverting investors’ funds for his personal use through a fraud scheme that resulted in more than $11 million in losses.
The company said it is exploring additional investment opportunities in other emerging restaurant concepts that have growth potential.
Target ranked second and Best Buy ranked 13th, although Best Buy’s “brand value” declined a whopping 52 percent year-over-year to $8.1 billion.
Mosaic’s cash investment will be provided over a four-year period, and the company will own 25 percent of the joint venture.
The deal will add roughly $57 billion in assets under administration and 1,100 trust and agency contracts to U.S. Bank’s corporate trust division.