The company's C4 Systems unit is closing its Bloomington facility, resulting in more than 100 employees being laid off. The closure is due to a terminated U.S. Army contract.

Construction began Wednesday on the final planned facility at the University of Minnesota's Biomedical Discovery District-a state-of-the-art cancer and cardiovascular research building.

The clinic is building a store through which it will gather input from people regarding what it should offer at its new permanent facility at the mega mall.

In two separate cases, the state's Commerce Department issued a $100,000 fine to debt collection agency First Financial Services and its owner, as well as a $70,000 fine to Marlon Pratt, a former loan officer.

Approximately 58 percent of the outstanding shares held by non-Cargill shareholders were cast in support of the deal.

The City of Minneapolis claims that a bill that would merge closed Minneapolis police and fire fighter pension funds with a statewide fund would protect taxpayers from rising property taxes. But it appears some details of the proposed consolidation still need to be worked out.

Best Buy is reportedly looking into selling electronic vehicles, thus expanding upon its other electronic transportation offerings-including Brammo electric motorcycles.

The state was recognized as a leader in transportation planning, due in large part to the manner in which it tracks highway congestion and the data made available to policymakers.

Thirty percent of all Twin Cities-area jobs are reachable by mass transit within 90 minutes, and 7 percent are reachable within 45 minutes, according to a new report.

The Porton Group, a private equity firm based in the United Kingdom, claims that 3M Company "botched" the clinical trial of a product that 3M acquired through the purchase of a company in 2007. The firm is now asking that the FDA investigate 3M's trial for the product.

At the company's annual meeting on Tuesday, George Buckley reportedly defended the company's political gift to MN Forward last year and remained relatively quiet about when he'll retire.

Omar Ishrak will assume his new position on June 13 and replaces four-year CEO William Hawkins, who is retiring.

U.S. Bank sued Morgan Stanley in 2009 over a breach of contract relating to swap agreements for a collateralized debt obligation for which U.S. Bank was the trustee.

Twenty-three finalists across four states are in the running for the Upper Midwest region Entrepreneur of the Year Awards-which will be given out in various categories next month.

According to the Pioneer Press, on-site health clinics like the one HealthPartners is opening in the Anoka County Courthouse might be regaining some steam as the economy improves.

Just-signed legislation essentially reversed a June 2010 ruling that severely limited the ability of municipalities to grant variance requests for projects like deck additions and home remodels.