Author’s archive

Medtronic CEO Hawkins to Retire in 2011

Medtronic, Inc., said Monday that its CEO since 2007 will retire next year. William A. Hawkins, who is also chairman of the Fridley-based company's board, intends to step down at

MN Telecom Company to Cease Operations in Jan.

In mid-January, thousands of consumers in Minnesota will be required to find a new telecommunications provider. Winona-based Digital Telecommunications, Inc. (DTI), will cut off its services on January 13. The

Quality Tool in St. Paul Bought by Michigan Co.

St. Paul-based Quality Tool, Inc., said Friday that it has been acquired by Demmer Investments IV, Inc.-an entity formed by the shareholders of Lansing, Michigan-based Demmer Corporation. Financial terms of

TCF Opposes New Rules Proposed by Fed. Reserve

The Federal Reserve Board on Thursday proposed new rules regarding interchange fees that merchants pay banks when customers make debit card transactions. The proposal would implement provisions in the recently

Former IRS Agent Gets 2 Years, 9 Months

Roger Anthony Coombs, a former tax agent for the Internal Revenue Service (IRS), was sentenced Thursday to two years and nine months in prison, Minnesota's U.S. Attorney's Office said Thursday.

Local Tech Jobs Among Hardest-Hit in Recession

Minneapolis-St. Paul suffered one of the worst job losses in the high-tech industry during the recession, according to a report by Washington D.C.-based TechAmerica Foundation. The report states that the