Only one of 20 major metropolitan areas studied-Washington, D.C.-saw an increase in home prices in December; prices fell 1.3 percent in the Twin Cities.

The AFL-CIO Housing Investment Trust has made a $50 million commitment to finance the rehabilitation of the historic Riverside Plaza apartment complex in Minneapolis.

Prosecutors claim that Christi Rowan-the girlfriend of fallen auto mogul Denny Hecker-violated the terms of her release by cashing a dividend check and not disclosing it to the bankruptcy court.

The retailer's fourth-quarter earnings increased 10.5 percent on strong holiday sales and improvements in its credit card business.

The new business will focus on surface finishes, glass finishes, and lighting.

In its annual report, the company disclosed that it fired 450 Minnesota employees after an audit by the Department of Homeland Security.

The company will maintain its operations and staff at Compellent's former headquarters in Eden Prairie.

The Milwaukee, Wisconsin-based bank said that the layoffs are not related to its planned $4.1 billion sale to BMO Financial Group.

The electronics retailer plans to close nine Best Buy-branded stores in China but open 40 to 50 locations under its Five Star Appliance chain, among other measures to restructure its international and domestic operations.

A San Diego law firm filed the suit on Friday, which claims Best Buy made false and misleading statements about its financial position, causing investors to lose money when the company's stock plummeted.

The Federal Reserve's board of governors claims in recently filed court documents that TCF's lawsuit challenging the constitutionality of new financial regulations lacks merit and should be thrown out.

The singer reportedly met with Target's "entire executive staff" to convey her expectations for the company before agreeing to a distribution partnership for her new album, Born This Way.

The medical device giant will look to cut across the entire company during its fiscal fourth quarter, but a spokesman said it's too early to say how many of the 8,000 Minnesota employees will be affected.

Just 9 percent of manufacturing executives anticipate a continued recession in 2011, and 40 percent expect to see economic expansion.