Dell, Inc., which announced last week that it was in "advanced discussions" regarding a merger with Eden Prairie-based Compellent Technologies, Inc., said Monday that the companies have reached a deal.

Hormel Foods Corporation on Monday announced that its board of directors has authorized a two-for-one split of the company's common stock. If approved by stockholders, the split will be the

A health clinic in Apple Valley has agreed to pay $195,000 to settle a suit that accused it of improperly billing the federal Medicare and Medicaid programs for outpatient services,

The University of Minnesota spun out more companies in fiscal 2010 than it did in any of the previous five years-but revenue from technology commercialization was down from last year,

General Mills said Thursday that it has reduced sugar levels in kids' cereals by 14 percent on average since 2007-and 8 percent of that reduction was achieved in 2010. Last

Richfield-based Best Buy Company, Inc., and Wayzata-based Cargill, Inc., are among five U.S. companies that were honored earlier this month by the U.S. Chamber Business Civic Leadership Center (BCLC). The

A California production company run by a former member of '90s boy-band 'NSync is being sued in the Polaroid Corporation bankruptcy case. On November 23, court-appointed Chapter 7 trustee John

United Properties and StuartCo, both of which are based in Minneapolis, announced Thursday that they have received approval from the City of Bloomington to commence construction of a multi-phase retail

David McCaffrey, a businessman from Wayzata, was sentenced Thursday to two-and-a-half years in prison for defrauding investors out of $8 million. The sentence, which was handed down in U.S. District

Public-sector pay should be changed to better reward productivity and efficiency, according to a report released Thursday by the Minnesota Chamber of Commerce and commercial real-estate trade association NAIOP Minnesota.

Eden Prairie-based Supervalu, Inc., announced Thursday that it has named Sherry Smith as the company's chief financial officer (CFO)-a post she had previously held on an interim basis. Smith will

A months-long, contentious legal dispute between the U.S. Environmental Protection Agency (EPA) and Minneapolis-based Xcel Energy, Inc., has been settled. Court documents filed Thursday state that Xcel has agreed to

Fridley-based Medtronic, Inc., disclosed in a Wednesday regulatory filing that it has been subpoenaed for information relating to some of its neurostimulation devices. According to the U.S. Securities and Exchange

Downtown Minneapolis skyscraper One Financial Plaza was recently turned over to its lenders after property owner Behringer Harvard defaulted on its loans. Industry experts believe this is the first instance

The City of Minneapolis is looking to cut about $6.1 million from its 2011 budget, lowering the property-tax increase that is needed to cover its obligations to three pension funds.

Eden Prairie-based Supervalu, Inc., announced Wednesday that it has entered into a stock purchase agreement for the sale of its wholly owned subsidiary, Total Logistic Control (TLC). TLC, which provides

Holiday shoppers are choosing Target over Walmart this season, according to a survey by America's Research Group (ARG) in Charleston, South Carolina. Retail researcher Britt Beemer of ARG surveyed 1,000