U.K. Defense Secretary Liam Fox admitted to The Guardian that he met with Porton Capital CEO Harvey Boulter before Boulter allegedly tried to extort $30 million from 3M Company to settle a pending lawsuit.
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On news that the company had received an unsolicited buyout offer, its stock price soared 23 percent during one of the worst days the market has seen in recent years; but its stock dropped the next day when the company said it was not for sale.
The geospatial technology provider has been bought by a group of private equity investors from Alexandria, Virginia.
Steven Jensen and his Plymouth company, Vintage Sports Authentics, allegedly auctioned off jerseys that they claimed were worn by Major League Baseball stars but were actually fakes.
In the wake of a significant Cargill food recall, the University of Minnesota has discovered a natural lantibiotic that could be used to preserve food and to kill harmful bacteria that cause food-borne illnesses.
Suzlon Rotor Corporation reportedly reached a consent agreement with the Minnesota Pollution Control Agency under which it will correct various manufacturing problems; the agreement detailed air quality, hazardous waste, solid waste, and storm-water runoff handling violations.
Dairy Queen and managing franchisee Grupo Buen Rollo are set to open a group of 15 stores in Guatemala starting in October.
Following a harsh review that concluded that a new framework is needed for the FDA's most common medical device approval process, the agency's officials told local industry leaders that the process needs some "fine-tuning" but shouldn't necessarily go by the wayside.
The Minneapolis-based firm's longtime owner and president, Dave Maiser, wanted to sell as he nears retirement; he chose The Marek Group after receiving three acquisition offers.
Yale will assemble a panel of 12 to 15 experts and commission two clinical research organizations to analyze data and review the safety and effectiveness of Medtronic's Infuse product, which has come under scrutiny in recent months.
The Minnesota Trade Office is organizing a trade mission this fall to South Korea-one of Minnesota's fastest-growing export partners-and it is asking local companies to apply by August 12 to take part in the trip.
Minnesota manufacturers want to incorporate sustainable processes and products into their operations, but they need to gain a better understanding of the market opportunities, according to a new report from the Agricultural Utilization Research Institute.
The Minnesota Department of Commerce alleges that Modify My Loan US began operations in Minnesota without a license, used false advertising, didn't disclose its poor financial condition to customers, charged fees for services that weren't actually provided, and failed to issue promised refunds.
Fantasy Flight Games already has a Star Wars card game and a miniatures game featuring X-wing spaceships in the pipeline-and it's promising more products under the popular franchise.
Two days after the Centers for Disease Control and Prevention announced a multi-state outbreak of salmonella that has resulted in one death and made dozens of people sick, Cargill issued a recall of about 36 million pounds of ground turkey due to possible contamination.
Analysts polled by Thomson Reuters had predicted a 3.7 percent jump in the retailer's same-store sales-a key industry barometer-but the company reported a 4.1 percent rise.