Author’s archive

Report: Hecker, Rowan Marry by Phone

Nearly four months after the government halted the impromptu wedding plans of fallen auto mogul Denny Hecker and his girlfriend Christi Rowan, the two have reportedly made their union official.

Supplements Maker Eniva Files for Chapter 11

Eniva USA, Inc., an Anoka-based supplements manufacturer, filed for Chapter 11 bankruptcy protection in U.S. District Court in Minnesota on Tuesday. The company indicated in its bankruptcy filing that it

Medtronic Backs Struggling Bio Company

Fridley-based Medtronic, Inc., is among several investors that have entered into definitive agreements with Tengion, Inc., to help the struggling startup raise $31.4 million. Under the agreements, Norristown, Pennsylvania-based Tengion

13 MN Malls Sold as Part of $9.4B Deal

Australia-based Centro Properties has sold its retail portfolio-which includes 600 malls, 13 of which are in Minnesota-to New York-based Blackstone Group, LP, for $9.4 billion, according to a report by

Chinese Firm to Acquire Cirrus Industries

Duluth-based aircraft manufacturer Cirrus Industries, Inc., announced Monday that is has entered into an agreement to be acquired by China Aviation Industry General Aircraft Company, Ltd. (CAIGA). Cirrus manufactures aircrafts

Report: Banks Historically Weak But Improving

Banking conditions in the Ninth District still remain historically weak but are showing signs of improvement, according to a report released Thursday the Federal Reserve Bank of Minneapolis. Banks in

U of M Economic Impact: $8.6B Annually

The University of Minnesota's overall economic impact within the state totals $8.6 billion annually-$4.1 billion through direct expenditures and $4.5 billion in indirect spending, according to a university-commissioned study released