Infor’s current lease at Lawson Commons is set to expire in mid-2015, and a spokesman said the company always explores its options when a lease is up for renewal but added that Infor’s need for physical space in St. Paul has diminished.
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The state is poised to become the place where diabetes is cured.
The Kresge Foundation, led by former McKnight Foundation President Rip Rapson, unveiled a 50-year blueprint for Detroit and pledged $150 million to help revitalize the ailing city.
The local positions include 104 financial representatives and 202 financial representative interns, and those hired to fill them will work out of one of two Twin Cities offices.
The company previously said it expected to receive such a letter from regulators following the inspection of a manufacturing facility in California.
ShopJimmy.com acquired St. Paul-based Ness Electronics for an undisclosed sum.
Sam Duncan will receive a $1.5 million annual salary, a $500,000 signing bonus, and be eligible for performance-based bonuses of up to $3 million annually.
The new CEO succeeds Kevin DiLorenzo, a 10-year Olson veteran who was appointed chief executive in 2010 to grow the agency through acquisitions.
Shortly after adopting a year-round online price-match policy and reporting flat December sales at stores open for at least a year, Target is introducing six online-only brands; the retailer separately announced plans to cut ties with RadioShack and begin working with two new mobile phone partners.
The two plan to combine their respective databases of health insurance claims and clinical records in order to evaluate health procedures and find ways to improve them.
As major shareholders, CEO Hubert Joly and other board directors could profit substantially from a Best Buy takeover.
On February 25, Cynthia Bauerly will join the Minnesota Department of Employment and Economic Development as deputy commissioner of work force development.
The future of the 171 employees at the mill remains uncertain as the company looks for potential buyers as part of its plans to divest its specialty paper business; meanwhile its largest investor, Starboard LP, is unhappy with how the decision to divest was made.
Selfish attitudes prevent team success.
Best Buy’s stock price rose after the company announced flat sales for the all-important holiday season.
The Metropolitan Council awarded a $545,300 grant for environmental cleanup at a Minneapolis site that the craft brewer is exploring—and the Minnesota Department of Employment and Economic Development has approved another $1 million in cleanup funding.
Following the sale of 877 stores to an investor group led by Cerberus Capital Management, Supervalu will replace CEO Wayne Sales with Sam Duncan, a retail veteran who most recently led OfficeMax.
The “Breakthrough Health Challenge” seeks ideas about how common consumer technologies or devices can be used in new ways to help people address chronic conditions like diabetes, heart disease, and obesity.