U.S. Attorney B. Todd Jones applauded Bixby for demonstrating "true corporate responsibility" and said that it "serves as a fine example for other companies" after it admitted to defrauding investors of up to $7 million and agreed to cooperate with a government investigation into its former leaders and employees; in exchange, Bixby won't be prosecuted.
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At one of its Canada locations, Buffalo Wild Wings is trying out a system that allows customers to place orders and pay for their meals using restaurant-owned iPads; the company plans to implement a similar system at its Elk River location in January.
The school received a $250,000 grant from Wells Fargo & Company that will sponsor the research of study consumer behavior associated with the adoption of "green" technologies.
The struggling retailer has hired a new president for a one-year term, and disappointing third-quarter results have led it to suspend its dividend.
The Downtown Council, in conjunction with local business leaders, has a plan to boost downtown Minneapolis' residential population, revitalize Nicollet Avenue, build a "downtown sports district," develop a new park, and more.
The council said it will provide cities with grants to support high-density, mixed-use developments along train and bus routes.
Despite the dropping unemployment rate, state officials say the state continues to shed jobs, and the conflicting indicators make it difficult to draw clear conclusions about Minnesota's labor market.
MarketWatch studied 102 of the nation's largest cities to gauge their "ability to support a strong business environment."
Company Chairman and CEO Robert L. Senkler said that preparing internal candidates to take on greater responsibility is part of the company's culture-and Christopher Hilger's transition to president has been in the works for the past few years.
The Occupational Safety and Health Administration said that Cargill Meat Solutions Corporation-a subsidiary of Cargill-violated the agency's process safety management and fall protection standards at the company's beef production plant in Milwaukee.
Rafael Alvarez, founder and CEO of Genesys Works, was recognized for his business' social entrepreneurship. The nonprofit operates a program in St. Paul and has partnered with a long list of local businesses.
The U.S. Department of Justice accused the Fridley-based medical device giant of using two post-market studies and two device registries to pay physicians fees ranging from $1,000 to $2,000 for each patient that they implanted with one of the company's pacemakers or defibrillators.
Minneapolis-based First Green Partners will make initial investments of $500,000 to $10 million in emerging technologies-and then up to $100 million in single businesses as they commercialize.
The affected employees work in the company's Marshall and Bloomington offices.
Deerfield, Illinois-based Baxter International has agreed to buy St. Paul-based Synovis Life Technologies for $325 million-a deal that was unanimously approved by Synovis' board.
The retailer reportedly said that 2,400 employees in technology services and 1,500 contractors will move out of downtown Minneapolis to its campus in Brooklyn Park.