If adopted, the $6.1 million cut would lower Minneapolis' property-tax increase for 2011 to 4.7 percent-down from previous year-over-year increases of up to 7.5 percent-which is needed to cover the city's pension obligations.

The buyer, Ryder System, will retain the current management and employees of Total Logistic Control.

A recent survey indicates that improved marketing efforts and cost-saving deals are helping the Minneapolis retailer attract more shoppers.

Residents in the Minneapolis-St. Paul metro set aside more funds for retirement, which they approach with "higher levels of emotional preparation" than residents of other cities.

The Nexus S hits Best Buy stores and the company's Web site on December 16.

The St. Paul non-profit will focus on bringing new business and jobs to the city.

Biber, who is now in prison on a criminal sexual assault charge involving a minor, agreed to be disbarred last month; the Supreme Court on Friday signed an order that made the disbarment official.

The Minnesota Early Learning Foundation is asking the Minnesota Legislature to implement a voluntary rating system designed to inform parents about the quality of child care providers.

An Arizona company alleges that U.S. Bank was aware of a breach of its data but concealed the matter-which resulted in losses for merchants from across the country. The bank disputes the allegations.

According to the U.S. Consumer Product Safety Commission, the floor of the tent failed a flammability test and poses a fire hazard.

Excluding special charges, the company expects 2011 earnings to be between $6.17 and $6.37 per share-marking a jump of 10 percent to 14 percent over forecasted 2010 earnings.

Company President and COO Jay Lund will replace seven-year CEO Jim Humphrey upon his retirement in March.

The documents contain information about a bid for the Minnesota Wild that was made by Jason Beckman, an associate of convicted Ponzi schemer Trevor Cook, and could help track down missing money.

After cooperating with a court-appointed receiver and federal regulators, convicted Ponzi schemer Trevor Cook is no longer in contempt of court-but he remains under the court's jurisdiction and is required to continue cooperating with prosecutors.

The move will allow the company to house all 650 of its local employees under one roof after its leases for three separate buildings in Eden Prairie expire next year.

The privately held St. Paul-based company will be added to Nortek's home technology products segment.