Author’s archive

Gov’t Halts Hecker’s Wedding Attempt

Former auto mogul Denny Hecker attempted to get married Wednesday, but the government halted his plans, according to Minnesota's U.S. Attorney's Office. At a hearing in late October, Hecker was

MN Jobless Rate Up Despite Job Gains in Oct.

Minnesota employers added 14,100 jobs in October, but the additions weren't enough to offset the unemployment rate-which increased 0.1 percent from September, according to figures released Thursday by the Minnesota

MN Revenue Commissioner to Resign, Start Firm

Minnesota Revenue Commissioner Ward Einess plans to resign and start his own government affairs practice. Governor Tim Pawlenty, who appointed Einess to his post in 2007, announced the planned departure

SurModics Shareholder Seeks Board Positions

SurModics, Inc.'s largest shareholder- Ramius Value and Opportunity Advisors, LLC-on Wednesday submitted a letter to the company's board nominating three directors that it says will assist in addressing the "long-term

Target Expects Q4 Sales to Hit 3-Year High

Gregg Steinhafel, chairman, president, and CEO of Target Corporation, said in a statement that the company is "well-positioned for the fourth quarter"-and it expects same-store sales to outperform all other

Local Businessman Accused of Bankruptcy Fraud

Lynn E. Baker-often referred to as Ed Baker-was not a target of legal action when investigators were uncovering Trevor Cook's $190 million fraud scheme, although Cook invested funds from defrauded

MCTC Plans $10M Expansion of Student Center

Minneapolis Community and Technical College (MCTC) plans to renovate and expand its student center for an estimated cost of $10 million, a spokesperson from the school confirmed Wednesday. The Helland

Winland Sells Business Unit to Nortech

Mankato-based Winland Electronics, Inc., announced Monday that it has agreed to sell its electronics manufacturing services (EMS) business to Wayzata-based Nortech Systems, Inc., for an undisclosed amount of money. Winland's