The number of jobs declined by 5,100 in November, while the state's unemployment rate-7.1 percent-remained well below the national average.
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Iron Range Resources and PolyMet Mining Corporation are nearing a deal that could grant the mining company a $4 million loan and give the state agency a stake in the company.
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.
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.
News of the company's lower-than-expected sales and a decline in earnings caused its stock to drop nearly 15 percent.
All positions were filled internally and are effective as of January 3.
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.
Kenneth Hasse, who was chairman of ConServe's board, was charged with one count of conspiracy to commit wire fraud and one count of tax evasion in connection with the $8 million fraud scheme.
Gary R. Maharaj will lead the company as it explores strategic alternatives for its pharmaceutical business, including a possible sale.
The electronics retailer, which is accused of overcharging customers by advertising lower prices on its Web site than at its in-store kiosks, did not admit to any wrongdoing.
The company's largest shareholder officially nominated three candidates who it says will help address SurModics' "long-term underperformance."
The list of the top 10 social media personalities from the Twin Cities includes business leaders, writers, a disc jockey, and a lifelong Vikings fan.
California insurance regulators have blocked a UnitedHealth Group subsidiary from paying dividends to its parent companies, alleging that the company committed almost a million acts that violate the state's insurance regulations.
Beckman Coulter, which employs about 750 at its Chaska facility, is reportedly looking at offers from private-equity firms and other companies, including 3M.
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.
Following a year of record sales, the Austin-based company wants to increase the number of authorized shares of voting common stock from 400 million to 800 million.