latest articles

General Mills in Negotiations for 50% Yoplait Stake

The manufacturing giant appears poised to beat out out eight other bidders and plans to partner with Sodiaal, which owns the remaining 50 percent stake, to expand and grow the yogurt brand in various markets around the world.

Minneapolis Receives Top Credit Ratings

The city said that its high credit ratings allowed it to sell $33.8 million of general obligation bonds to Morgan Stanley & Company and $71.25 million in bonds to Wells Fargo.

U.S. Bank Sued by Insurer Over $47M Loss

Omaha, Nebraska-based Woodmen of the World claims that it lost $47 million because U.S. Bank was negligent in its investments and misinformed its beneficiaries; U.S. Bank denies the allegations.

St. Jude CEO Starks Detained in India

Daniel Starks was traveling for business when an ammunition shell was found in his baggage at the New Delhi airport; an Indian newspaper reported that he was arrested and spent one day in custody.