latest articles

Regis to Remain Independent Public Co.

The hair-care company said that it's done exploring "strategic alternatives" and plans to continue with its existing business plan-although it will implement some new initiatives in an attempt to boost long-term shareholder value.

University Ave. Businesses Fight to Delay LRT

The University Avenue Business Association and the Asian Economic Development Association want a compensatory fund of at least $20 million to $30 million for businesses to be established before area construction begins on the Central Corridor light-rail line.

Petters Investor Petitions Supreme Court

Ritchie Capital Management says that it and other victims of Tom Petters' Ponzi scheme have been denied restitution by the courts. A local expert said that there are "sufficient mechanisms" in place for creditors to recover valid claims.

Dell to Buy Compellent for $960M

Dell plans to maintain Compellent's existing operations and staff in Eden Prairie, and it intends to invest in engineering, support, operations, and sales capability.