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The musicians rejected a proposal from the orchestra’s leaders, which would have cut players’ average annual pay from $135,000 to $89,000; the organization, which said it can’t afford to continue paying players under the former contract, subsequently locked out the musicians.
Following Thursday’s workplace shooting, the employees of Accent Signage Systems said they intend to “honor the memories of our colleagues and friends by continuing to grow the company they helped build through their hard work and dedication.”
Ceradyne, which makes high-tech ceramics and reported $572 million in 2011 revenue, will join the energy and advanced materials division within 3M’s industrial and transportation business.
The company said that Ryan Gilbertson resigned from his position at the oil extraction and production company he cofounded to pursue other business and charitable activities.
Prince pays his property taxes . . . eventually.
The 12-minute-long romantic comedy—which will showcase more than 100 of the retailer’s home, beauty, and fashion items—was produced by local digital agency Space150 and executed by local ad agency Olson.
Dero, which reportedly grew 29 percent between 2006 and 2010, will continue day-to-day operations at its Minneapolis headquarters.
Minnetonka Moccasin said Target began selling shoes with “a beaded thunderbird design nearly identical” to its own design after the Minnetonka company passed on an opportunity to sell its products in Target stores.
A group of Aetrium investors seeks to join the board of directors, study the company, and ultimately improve shareholder value; Aetrium CEO Joseph Levesque says the board nominees lack industry experience and that the current board opposes the group’s actions.
A company spokesman said that website visitors have experienced “intermittent delays,” but “personal data and funds are secure.”
Minneapolis-based Cornerstone Capital Management said the investment will allow it to benefit from New York Life’s “global breadth and depth in distribution, marketing, and service.”
Minnesota’s state and local governments collected $4,587 per person in taxes in 2010—and spent $8,848.
In a recent survey, Target was recognized for its commitment to community and reasonable prices, while Best Buy received high marks for employees that provide helpful feedback.
About 700 existing 3M researchers will occupy the new lab facility, which is expected to be completed in 2015.
The new openings are in addition to the roughly 600 Twin Cities positions the company has added over the past year and a half.
Digital River said that its acquisition of LML Payment Systems will help it to expand its global online payment processing business to companies of all sizes.
CNS focuses on delivering drugs to the central nervous system to treat neurological disorders and intractable chronic pain.