Merrill Corporation is expected to essentially replace its existing $626 million of debt with new loans that have later deadlines, and both Moody’s and S&P expect to upgrade the company’s credit ratings if the refinancing is executed as planned.
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Prabal Gurung—whose creations have been worn by Michelle Obama, Kate Middleton, and Lady Gaga—has designed a limited-edition collection of women’s apparel and accessories that will hit Target shelves in February.
The company has consistently increased its employee base during the last several years and has now expanded its St. Paul office by more than 30 percent to accommodate the growth.
The three events—which will take place over the next three years—will together generate an estimated $3.9 million in economic impact.
The stock surge came after Debtwire news service reported that private equity firm Cerberus Capital Management is trying to arrange $4 billion to $5 billion in debt financing to back a bid.
Minnesota ranked high among the nation’s states in terms of both average debt load carried by recent college graduates and percentage of recent grads with debt.
While the Minnesota Orchestra has been locked out all month, the Saint Paul Chamber Orchestra had continued working under a “play-and-talk” arrangement; but its musicians have now also been locked out, and performances are canceled through November 4.
Monica Nassif’s search for comfortable yet beautiful sleepwear led her right back to business.
Fitness-center startups see opportunity for new concepts.
We dug through the product reviews and spec sheets to bring you a collection of the best new tech devices on the market.
Minneapolis and St. Paul are trying to grow population after 60 years of decline. But can they eliminate the red tape that has residential developers wary of doing business there?
The State of Minnesota and law firm Covington & Burling, LLP, are appealing a recent decision that barred the firm from representing the state in a suit against 3M.
Friday will be Mark Phillips’ last day at DEED; Minnesota Trade Office Executive Director Katie Clark has been appointed to succeed him in the position.
The monthly job gains were driven largely by the education and health services sector, and the state has now recovered nearly 90,000 jobs since hitting a recessionary trough in 2009.
A company spokesman reportedly said that Northern Oil and Gas let go of James Sankovitz because it no longer needs a chief operating officer.
CEO Dan Starks told investors that he is not aware of any specific problems at St. Jude’s manufacturing plant in California, but said the company could receive a warning letter from regulators after the plant’s ongoing inspection is complete.
A <em>Bloomberg Businessweek</em> feature story chronicles the history of Best Buy, and it features a cover image that suggests that the electronics retailer is attempting to come back from the dead.
While reporting disappointing second-quarter financial results, Supervalu said that it is in “active dialogue with several parties” regarding a potential sale.