The University of Minnesota has named Eric Kaler president just five days following the announcement that he was named the only finalist for the position after two others declined to be part of a publicly identified pool.
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The company said that "layoffs will be partially offset" as it offers to transfer 650 employees from its Eagan facility to other locations around the country.
The state unemployment rate climbed 0.1 percent in October to 7.1 percent, but remained well below the national rate of 9.6 percent.
As Governor Pawlenty's term draws closer to an end, the state's revenue commissioner, Ward Einess, has announced plans to leave the administration.
This year marks the first holiday season since 2006 that Twin Cities shoppers are predicting to spend more than they did the previous year, according to an annual study conducted by the University of St. Thomas' Opus College of Business.
The medical device company's stock increased more than 10 percent on news that its largest shareholder-Ramius Value and Opportunity Advisors, LLC-is seeking board positions in order to address SurModics' "long-term underperformance."
On the heels of a positive third quarter, Target CEO Gregg Steinhafel said that the company expects its fourth-quarter same-store sales to outperform every quarter from the past three years.
On the flip side, the Eagan campus plans to add an unspecified number of customer-facing sales and marketing positions in order put more of a focus on a growing clientele-one- to three-attorney law firms.
Trustee John Stoebner filed a complaint on Thursday accusing Ed Baker of Excelsior of making fraudulent transfers and concealing assets in his bankruptcy case.
The project will add nearly 16,000 square feet to the Helland Center, located in downtown Minneapolis.
The relocation of the college's Eden Prairie campus to a new development about three miles away in Bloomington is due to foreseen problems caused by the Interstate 494/Highway 169 interchange reconstruction project.
The results of a recent trial indicate that when two medical devices manufactured in Roseville are used during CPR, the patient has a significantly greater chance of surviving.
This is the ninth time in its 10-year history that the St. Paul venue has been nominated for the award, which is given by concert industry publication Pollstar.
Phil Smith will take over as CEO and president of the St. Paul-based company after Rodney Young steps down.
A new Gallup study found that in St. Paul and 25 other U.S. cities, social offerings, openness, and beauty are the main drivers of community attachment-and that attachment translates to increased gross domestic product.
Saint Marys Hospital and Park Nicollet Methodist Hospital have been named among the top 50 U.S. hospitals for inpatient cardiovascular services by a Thomson Reuters study.