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.
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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
People in the Minneapolis-St. Paul metro area are more prepared for retirement than those from any other city in the United States, according to data released Tuesday by Minneapolis-based Ameriprise
Richfield-based Best Buy Company, Inc., will be the only retailer in the United States to carry a new Google smart phone. The Nexus S, which Google co-developed with Samsung, will
Capital City Partnership, a non-profit organization that promotes programs to enhance downtown St. Paul's business development, announced Tuesday that it will boost its economic development activities. Beginning January, the organization
The Minnesota Supreme Court on Friday signed an order that disbarred once-prominent local attorney Aaron Biber, who was recently sentenced to 18 years in prison for raping a 15-year-old boy.
An organization headed by a long roster of leaders from Minnesota's largest companies is calling on the State Legislature to focus on preparing children for school. The Minnesota Early Learning
E-Shops Corporation, which does business as Paintball Punks, filed a lawsuit last month in Hennepin County District Court alleging that it lost money as a result of U.S. Bank concealing
The U.S. Consumer Product Safety Commission (CPSC) on Tuesday announced the voluntary recall of 1,500 children's tents that were sold exclusively at Target stores and on the retailer's Web site.
Jim Humphrey, Andersen Corporation's CEO of seven years, will retire from active management on March 31, the window- and door-maker said Monday. President and Chief Operating Officer Jay Lund will
The National Hockey League (NHL) has been subpoenaed by the receiver in the Trevor Cook fraud case to get details about a bid that Cook's associate-Jason Beckman-made to buy into
An order signed Monday by U.S. District Court Judge Michael Davis will allow convicted Ponzi schemer Trevor Cook to officially begin his 25-year prison sentence. Cook, who was charged in
Digital River, Inc., is moving its Minnesota operations-including its headquarters-to a single building in Minnetonka mid-next year. The e-commerce company signed an agreement late last month to lease 132,000 square
Providence, Rhode Island-based Nortek, Inc., announced Friday that it has entered a deal to acquire St. Paul-based Ergotron, Inc., for roughly $280 million. Nortek will assume all of the outstanding
Minneapolis-based Greco Development announced Monday that it is breaking ground on a $38 million development in Uptown that will feature resort-style apartments. Called Flux Apartments, the 195,000-square-foot development will include
Denny Hecker admitted in recently filed court documents that he bought back his own property at a bankruptcy auction held earlier this year. According to court documents filed last month
Ad agency Olson on Monday announced that it has significantly bolstered its PR discipline with the acquisition of Chicago-based Dig Communications. Minneapolis-based Olson says that the acquisition-its second within the