The weekend storms that ripped through North Minneapolis and Joplin, Missouri have showed just how destructive and devastating tornadoes can be. But a tornado actually gave one of Minnesota's largest

Richard "Pinky" McNamara-an entrepreneur, philanthropist, and former University of Minnesota regent and Golden Gopher football star-died Monday, the university said. He was 78. "There are few families whose name is

Denny Hecker's bankruptcy case trustee Randall Seaver on Monday requested permission from the court to accept a $4.1 million settlement-which would resolve a complicated business deal between Hecker, Gelco Corporation,

Medical device giant Medtronic, Inc., on Tuesday posted a 19 percent decrease in fourth-quarter earnings, largely due to sluggish implantable cardioverter defibrillator (ICD) sales and costs related to recent layoffs.

In 2010, federal agencies gave more than $27.2 million to Minnesota businesses through two grant programs, the Minnesota Science and Technology Authority recently announced. The U.S. Small Business Administration (SBA)

A quarterly report released Monday by the Federal Reserve Bank of Minneapolis indicates that Midwest banks are struggling through a slow recovery hindered by bad commercial real estate loans and

Edina-based Rimage Corporation CEO Sherman Black is looking to reinvent the company and reduce its dependence on disk duplication, according to a recent report by the Star Tribune. The Minneapolis

Minneapolis-based U.S. Bank has agreed to pay $1.2 million to settle allegations that it did not comply with Federal Housing Authority (FHA) requirements in connection with 27 mortgage loans. According

The Itasca Project-a conglomeration of more than 50 Minnesota CEOs, public-sector officials, and leaders from area foundations-said Monday that it has launched an initiative that aims to build stronger relationships

The much-discussed plans for a Lunds grocery store in downtown Minneapolis are finally moving forward-and they include an outdoor patio, leasable office space in the development's upper floors, and a

The retired chairman, CEO, and co-founder of Pentair, Inc., died suddenly on May 16 at the age of 89, the company said Monday. Murray J. Harpole was one of five

The anticipated bump in state government worker retirees may be seen this year, due in large part to early retirement incentives, according to a report by the Pioneer Press. More