latest articles

Medtronic Backs Struggling Bio Company

Tengion, Inc., a clinical-stage biotechnology company based in Pennsylvania, is raising $31.4 million through definitive agreements with its investors-including Fridley-based Medtronic.

MN Theater Co’s Fined for Child Labor Violations

Marcus, Regal and Wehrenberg-each of which operates movie theaters within the state-collectively paid $277,475 in civil penalties for allowing dozens of teens to perform hazardous jobs and work longer hours than allowed by law.

Associated Milk Cited for Worker Death, Faces Fine

Federal regulators say that the New Ulm-based co-op willfully ignored safety rules at its Blaine, Wisconsin plant; a co-op spokeswoman said that the worker who died failed to strap on a body harness designed to prevent freefall accidents.

Report: Banks Historically Weak But Improving

According to the Federal Reserve Bank of Minneapolis, banking conditions for the Ninth District are still historically weak, but asset quality, earnings, and liquidity improved in 2010 and will slowly continue to improve in 2011.

Anytime Fitness to Enter Middle East

The first health clubs in the region will be in Qatar, and plans are underway to add additional locations in the Middle Eastern state and its neighboring countries.