latest articles

Cohort in Cook Scheme Admits He Lied About Assets

Jon Jason Greco admitted that he lied to investigators last summer about money and coins that he stashed in a Mall of America locker; but, according to the Star Tribune, he insisted in court on Monday that he didn't know they belonged to Ponzi scheme operator Trevor Cook.

IT Staffing Firm to Hire 80 at New Mpls Office

Digital Intelligence Systems Corporation said that it intends to fill approximately 80 positions in its consulting, internal sales, recruiting, and support personnel teams with the opening of a new Minneapolis office.

Real Estate Pros Anxious for End to State Shutdown

During the state shutdown, the Commerce Department isn't processing licenses and renewals for some real estate professionals-which is leaving some without work and keeping new agents from entering the field. And an extended shutdown would have a much larger impact, which could be felt by homeowners and prospective buyers.

ReelzChannel Viewers Up Since Kennedys Series Debut

Unique viewers now total between 8.5 million and 9 million-up substantially from about 3 million in January; on the success of The Kennedys miniseries, which debuted in April, ReelzChannel CEO Stan Hubbard plans to bring more miniseries to the network in the coming months.

Report: State, IRS Seek $2.5M in Petters Assets

The Pioneer Press reports that the Minnesota Department of Revenue and the IRS, which have identified tax liabilities dating back to 2004, are asking for $2.5 million in ill-gotten assets being controlled by receiver Doug Kelley.

Capella Buys U.K. Online Education Co. for $14.9M

The company, Resource Development International, develops and delivers online higher-education programs across the U.K.; its 2010 fiscal-year revenue totaled about $13.9 million, and Capella's CEO sees it as a business with "significant opportunity for long-term growth."