For the fourth straight year, personal bankruptcies in Minnesota climbed in 2010-fueled by staggering job and housing markets amid the recession, the Star Tribune reports. More than 22,000 Minnesotans filed
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Switzerland-based Tyco Electronics, Ltd.,-which purchased ADC Telecommunications late last year-is cutting 248 positions at its Shakopee plant and has plans close and sell ADC's former headquarters in Eden Prairie. Mike
Single-source cacao yields the bitter, the sweet, the winey, the citrusy.
The Greater Downtown Council of Duluth has launched a contest aimed at attracting retailers to its downtown area. The contest-dubbed "Go Downtown, Grow Downtown"-will award two entrepreneurs with free rent
Federal prosecutors on Friday recommended that Christi Rowan-the girlfriend of fallen auto mogul Denny Hecker-be sentenced to six months in prison, the maximum sentence under federal guidelines. Meanwhile, Rowan filed
Dennis Lee Pap pleaded guilty on Friday to one count of wire fraud in connection to a crime through which he stole approximately $1.8 million from clients of his insurance
Minneapolis-based U.S. Bank has entered the New Mexico market-its 25th state-through the acquisition of First Community Bank, a failed bank with 38 branches. State regulators closed First Community Bank on
Best Buy Company, Inc., on Wednesday unveiled the cast to be featured in its inaugural Super Bowl commercial: pop sensation Justin Bieber and rock icon Ozzy Osbourne. The spot is
About two weeks after the end of one legal battle involving several defibrillators manufactured by Boston Scientific Corporation's Guidant subsidiary, the government has filed a related lawsuit against the company.
A recent legal decision will allow construction on the Central Corridor light-rail line to proceed-but it also calls for additional planning. U.S. District Judge Donovan Frank issued a decision on
Fridley-based Medtronic, Inc., will shutter its Mounds View distribution center by the end of April and transfer the work done there to three of its other distribution sites around the
Minneapolis is the first stop on the federal "New Markets, New Jobs" tour-and local government officials will join U.S. leaders to promote the growth of small-business exports. The tour is
The Ackerberg Group, a Minneapolis-based developer, announced Wednesday that construction has commenced on a long-planned 10-story commercial building in the Uptown neighborhood of Minneapolis. MoZaic, which will comprise 65,000 square
Stephen John Kopel, a Minnesota man and owner of S&P Foods, Inc.-which operated a McDonald's restaurant in Rosemount-was sentenced in federal court in Minneapolis on Tuesday for not paying $627,437
A group of CEOs from seven of the state's major health systems and health plans have teamed up to create a plan to cut Minnesota's Medicaid deficit. Called "Minnesota's Health
Minneapolis/St. Paul claimed the number four spot on the first-ever list of America's Top 50 Cities for Hospital Care-which was released Wednesday by HealthGrades, an independent health care ratings organization
Two siblings have pleaded guilty to wire fraud charges in relation to a $13 million mortgage fraud scheme that was carried out between 2005 and 2009. Ericvan McDavid, 36, pleaded
U.S. District Judge Ann Montgomery signed an order on Tuesday that will allow some victims of Tom Petters' Ponzi scheme to get back a portion of the money they lost.