Willliam A. Hawkins intends to step down at the end of April; the company has begun an external search for his replacement.

Minnesota was one of only six states that saw accelerating growth in personal income in the third quarter as overall national growth slowed.

Digital Telecommunications, Inc., which filed for bankruptcy protection in August, attributes its decision to close to an ongoing dispute with Qwest Communications International, Inc.

Financial terms of the deal, which includes two locations, were not disclosed.

A new Federal Reserve Board proposal would implement provisions in the recently passed Wall Street Reform Act-provisions that prompted Wayzata-based TCF to file a lawsuit in October.

The Minneapolis native is remembered for his contributions to the business, philanthropic, and academic communities.

Toronto-based BMO Financial Group will pay $7.75 per share for M&I, notably higher than Thursday's $5.79 closing price, in a deal that's expected to close before July 31, 2011.

The Federal Bureau of Investigation is seeking information from consumers who believe they've been improperly billed by Alternate Billing Corporation or any of its affiliated companies.

Roger Coombs pleaded guilty in August to one count of soliciting and agreeing to take a $9,700 bribe in exchange for reducing the tax bills of two Minnesota business owners.

The Minneapolis-St. Paul metro area lost 3,800 jobs in the technology industry during the recession.

However, the Federal Reserve Bank of Minneapolis expects Minnesota to be the only state in the region that won't see a year-over-year increase in the rate of employment growth.

The Minneapolis-based marketing company has donated a total of $5,000 to the five charities that have generated the most tweets over the past five days.

Calhoun Square's expansion was approved by the Minneapolis Planning Commission without any conditions for future development into a mixed-use building.

The company has agreed to purchase a grain commodities business in Australia and has acquired a majority stake in an Indonesian firm that produces sorbitol-a sweetener found in food, cosmetic, and pharmaceutical products.

The medical device startup will use its proceeds to continue working to gain U.S. regulatory approval of its Maestro RC System, which uses electrical impulses to block the nerve that makes people overeat.

In addition to its request for funding next year, the Minnesota Science and Technology Authority hopes to secure $750 million in state money over the next 10 years.