latest articles

3M Expands in Nashville, Korea

In two separate announcements made Tuesday, 3M unveiled the launch of a new company in Korea and a new manufacturing facility in Nashville, Tennessee.

Central Corridor Businesses Get More Financial Aid

The Met Council announced that an additional $3.3 million will be made available to St. Paul businesses hindered by the Central Corridor light-rail construction; that's in addition to the $7.8 million that was initially available.

Dell Compellent to Hire More than 100

Compellent said that it had planned to expand its work force prior to being acquired by Dell, but resources made available through the transaction will allow it to grow immediately.

MN Bankers’ Suits Allege Death Threats and Extortion

David Grzan claims his longtime employer and business partner created a hostile work environment and threatened his family, among many other accusations. In a countersuit, Steven Liefschultz, CEO of Equity Bank, says Grzan filed his lawsuit in order to defame and extort him.

Reports: Ameriprise Reaches $150M-$180M Settlement

Both Reuters and The New York Times reported that Minneapolis-based Ameriprise and its brokerage subsidiary have reached a preliminary agreement to settle claims from investors who lost money when two private placements they bought turned out to be frauds.

Kemps to Be Sold to Dairy Co-op

The dairy manufacturer's parent company has entered into an agreement under which Kansas City, Missouri-based Dairy Farmers of America, Inc., will become its 100 percent equity owner.