The company says that repositioning some of its top executives will allow it to better manage four key areas-corporate development, enterprise risk management, lending, and funding.
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Among the United States' 10 largest cooperative businesses based on 2010 revenue, four are headquartered in Minnesota.
Through the national Partners in Preservation program, which grants money to historic sites, the cathedral will receive $110,000 to make interior repairs; another $890,000 will be given out next month to some of 24 other historic sites that competed alongside the basilica in an online contest.
In an attempt to boost revenues, the St. Louis Park-based restaurant operator will add seating to four of its locations-including two in the Twin Cities.
Whitebox Advisors is soliciting research papers that could benefit the investment community-and the winning submission will net a $25,000 prize.
Minnesota Philanthropy Partners is anchored by four major foundations but supports more than 1,600 charitable foundations, funds, and organizations across the state.
The Minneapolis Convention Center is reportedly cutting about half of its supervisors and transitioning about two dozen other workers from full-time status to having no guaranteed minimum of hours.
The automaker has been planning to shutter its St. Paul plant since 2006 and just announced a closure date-December 19.
Black and Dew is expected to bring in $40 million of revenue in its first year of operations, and its president said the company wants to grow by expanding its footprint geographically.
Troy David Chaika was sentenced to more than eight years in prison for allegedly defrauding mortgage lenders of a total of $43 million.
Steve Eastman is the second Target executive to leave the company this month. His exit was announced the same day that the retailer's new e-commerce site crashed-although the company has said that the departure wasn't related to performance.
Several Vikings players-including Adrian Peterson, Jim Kleinsasser, and Chad Greenway-are set to take part in "Celebrity Waiter Night" at Manny's. In a separate instance of Minnesota's sports professionals giving back to the community, Wild captain Mikko Koivu has sponsored two private patient rooms at Children's Hospital.
The Richfield-based company said a proposed federal law allowing states to require online merchants to collect sales tax would create a fair marketplace for all sellers.
Until now, the bioplastics manufacturer has been wholly owned by Cargill-but a Thai company has bought a 50 percent stake in the company.
The merged organization will employ 770 lawyers, and its annual revenue will exceed $400 million.
A draft rule just approved by the Federal Deposit Insurance Corporation prohibits U.S. banks from owning private equity funds.