latest articles

Marathon Agrees to Sell MN Assets for $900M

The company, which first announced plans to sell its Minnesota assets in May, signed definitive agreements with two private-equity firms to sell its St. Paul Park refinery and 166 SuperAmerica stores for $900 million.

MN AG Asks Mortgage Lenders to Halt Foreclosures

Lori Swanson has asked Bank of America, J.P. Morgan Chase, Minneapolis-based GMAC Mortgage, and 12 other major lenders to voluntarily stop foreclosures within the state until they can prove that they are following a fair and accurate process.

Local Hedge Fund Faces $105M Suit in Petters Case

Minnetonka-based Arrowhead Capital Management and its affiliates could be liable for up to $5.1 billion in principal and interest that was transferred to them from Petters Company, Inc., over a period of 10 years, according to the suit.