U.S. Bancorp said that its portion of the $8.5 billion settlement includes $80 million in cash and about $128 million in mortgage assistance services; Wells Fargo, meanwhile, will pay $766 million in cash.
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Jason “Bo” Beckman was given the harshest sentence of three co-defendants, receiving 30 years in prison; Patrick Kiley’s sentencing, meanwhile, was moved to a later date.
The company opened a new Roseville office last month, and the move will not affect it or the 275 people who work there.
Bloomington-based Acuo Technologies, whose technology is used to manage digital medical images, will become part of Lexmark’s Perceptive Software business unit.
For the full year, there were 4,275 residential construction permits issued for a total of 9,035 units—nearly double the number of total units permitted in 2011.
Annual sales for Skippy, the second-largest U.S. peanut butter brand, are expected to total about $370 million in 2013, with $100 million coming from outside of the United States.
Still, the retailer expects fourth-quarter earnings per share to “meet or somewhat exceed” the low end of its previously announced guidance.
The Prouty Project helps guide companies through the evolving realm of business leadership.
Could a Digital Product = Analog Behavior?
With a new name and a slew of renovations, a historic Eden Prairie barn looks to become the place to be.
What makes Minnesota the land of overachievers in the world of new ideas?
The departure of George “Mike” Mikan and Matthew Paull from Best Buy’s board could benefit Richard Schulze in his attempt to acquire the company.
No money changed hands in connection with the merger, and no layoffs are expected; the joint organization will operate under the HealthPartners name.
Nexsan Corporation is expected to help Imation capture a larger share of small and medium-sized business customers and boost its growth among enterprises with widely distributed operations.
A Jefferies & Company analyst said Target struggled in its online execution, experienced soft December sales and poor results for a joint initiative with Neiman Marcus, saw more price competition, and increased its markdowns during the holidays.
Ten years post-Twinsville, a Target Field ballpark village may finally be rising.
A local solution for the toxic innards of compact fluorescent bulbs.
The American Refugee Committee’s award-winning Somalia campaign.