A team of inventors from Minneapolis won the grand prize at the annual Red Bull Creation competition, in which 16 teams had 72 hours to build innovative-but quite bizarre-contraptions.

A first-of-its-kind American Jobs Conference will take place on Twitter on July 19; Governor Tim Pawlenty will give the "Tweetnote presentation" and numerous government, technology, business, and recruiting leaders will be featured.

The Wall Street Journal reported that Target is moving faster than originally expected with its Canadian expansion plans and intends to hire 100 workers in the country by the end of the year.

Xcel Energy said that it has reached a settlement with the U.S. government regarding costs incurred because of the U.S. Department of Energy's failure to begin removing used fuel from the company's nuclear plant sites by a 1998 deadline.

Rambis has served as head coach of the Minnesota team for two seasons and had a record of 32 and 132 with the team.

State employees who have been laid-off or furloughed, along with others who have been economically impacted by the state shutdown, can skip one or two monthly payments on most types of loans through the bank programs.

OfficeLeaks.com, an online forum through which employees anonymously post comments about the companies for which they work, is now seeking to profit by charging employers a fee to gain access to the online conversations.

Hines is reportedly planning a 185-unit apartment building near the Twins stadium, marking the first step in what could be a major three-phase project.

After an unsuccessful attempt earlier this month, the company petitioned the state again last week to allow the commission that regulates it to operate during the shutdown.

The Iriver Story HD will retail for $139.99 when it hits Target shelves nationwide on Sunday-but it faces stiff competition in the growing e-reader market.

Geraghty-who has been president and CEO of Blue Cross and Blue Shield of Minnesota since 2008-will take the helm of Blue Cross and Blue Shield of Florida on September 1.

Jennifer Rutherford admitted to creating shell companies that sold non-existent marketing merchandise to Medtronic, thereby defrauding the company of at least $2.1 million.

Fitch Ratings lowered the rating on $5.7 billion in state general-obligation bonds to AA+ from the best AAA rating, citing "the difficulties in reaching consensus on a plan to address the resulting large budget gap for the biennium that began on July 1."

Co-founder Ernest Grumbles said that Mojo was a bit hesitant to adopt a formal structure, but the co-op structure allows it to move forward with its mission to fuel entrepreneurship in Minnesota.