latest articles

3M Ups Outlook on Record Q1 Sales

Despite posting a 3 cents-per-share drop in earnings due to the disasters in Japan, 3M reported increased earnings and record sales of $7.3 billion in the first quarter-prompting the manufacturing giant to raise its outlook.

Laid Off Lockheed Workers Get State Aid

The state has awarded roughly $1.1 million in grants to aid Minnesota workers who were laid off; $800,000 will go to about 200 former Lockheed Martin employees, and $280,000 will benefit about 70 former Express Scripts workers.

3 Real Estate Professionals Charged in $4.2M Scheme

Sheri Lynn Delich, My Dinh Lam, and Ashley Elizabeth Prasil allegedly conspired to defraud mortgage lenders in conjunction with the marketing of Cloud 9 Sky Flats development-a Minnetonka condo project of bankrupt St. Paul developer Jerry Trooien.

ATK Loses Out on NASA Space Vehicle Money

NASA reportedly favored spacecraft designers over rocket builders like ATK when determining which firms would receive a portion of almost $270 million in federal funds supporting the development of commercial space vehicles.

St. Jude Awarded $2.3B in Trade Secrets Case

A Los Angeles jury awarded the Little Canada-based medical device manufacturer $2.3 billion in conjunction with a lawsuit it filed against a former employee and the rival company that he founded.