The U.S. Department of Defense is expanding its partnership with Minneapolis-based U.S. Bank, a move that the bank says could save the military nearly $23 million a year.
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The food manufacturer will pay 810 million euros, or about $1.15 billion, for a 51 percent controlling interest in the yogurt maker.
The Internet giant claims that it generated $1 billion in economic activity within the state in 2010 through 28,000 Minnesota businesses, Web site publishers, and nonprofits.
The Wayzata-based bank holding company is giving the incentive to new customers after they complete 10 checking account transactions.
Richard Kelly, who has spent the past four decades with Xcel and its predecessors, will leave in August-at which point Benjamin G.S. Fowke III will take the reins.
During the first quarter of this year, major Target shareholder William Ackman-who runs hedge fund Pershing Square Capital Management, LP-sold all of his 7.4 million shares in the company.
Inge G. Thulin was appointed to the newly created position of executive vice president and chief operating officer-prompting speculation that he's in line to succeed CEO George Buckley, whose contract expires in February; a 3M spokeswoman said Thulin is among a "wide range of candidates" under consideration for the CEO position. />
A group of eight to 10 top executives from local companies reportedly have banded together and hired a lobbyist to help shape the outcome of the stadium debate-although they don't yet appear to be backing a specific proposal or site.
Page Productions, a Plymouth-based company that created and produces the Food Network's Diners, Drive-ins, and Dives, claims that the Food Network breached its contract.
In addition to a long list of new full-service eateries-many of which are backed by local food stars like Andrew Zimmern and Doug Flicker-the airport will add a "virtual newsstand" where travelers can rent an iPad and download content to enjoy during flights.
A Shavlik Technologies spokeswoman said that the company's headquarters office in New Brighton will remain open, and it is expected that "a majority" of employees will be retained.
The opponents say that with enough signatures, they'll be able to put a referendum on the next election ballot that would overturn any state measure to ban a stadium referendum.
Alliant Techsystems' shares fell more than 6 percent on Friday after news broke that the company lost a U.S. Army contract to London-based BAE Systems.
This summer, the company plans to open its first Gander Mountain Academy in Minnesota-which will feature both live and virtual firing ranges, simulations in which students respond to "real-world" scenarios, and a long list of training courses.
Mono recently issued a request for proposals to find a client for which it will develop a campaign-and give winnings from a recent award.
The company, which manufactures and repairs tank trailers, said that a boost in demand from the oil industry has helped it hire more than 600 employees in the past nine months-and it has plans to add another 70 to 80 workers in the next couple of months.