The owner of Princess Soft Toys, Inc., on Thursday pleaded guilty to bank fraud, according to Minnesota's U.S. Attorney's office. Sandra Calkins, a 67-year-old woman from Eden Prairie, was charged

Tech accelerator Project Skyway has partnered with Coco-a co-working firm that offers alternative office space to freelance professionals, small businesses, and corporate work groups-to open an innovation center in Minneapolis.

Just a week after Eden Prairie-based Alliant Techsystems, Inc., announced that it lost an $850 million government contract, the company filed a petition protesting the government's decision to award the

St. Paul Mayor Chris Coleman on Wednesday announced a large-scale plan for funding a new Vikings stadium with a new per-drink alcohol tax-but his pitch is a significant departure from

Fairview Health Services is eliminating 240 jobs throughout its system as it experiences low patient volumes and significant operating losses. Ryan Davenport, a spokesman for the Minneapolis-based health system, said

Earlier this year, Michael Krzyzaniak was indicted for orchestrating four investment scams that together bilked at least $20 million from investors. Recently unsealed search warrants reveal that the money was

Local companies are finding that a good time can also be good for business. According to a new Star Tribune report, an increasing number of local companies are finding ways

The Nerdery is gearing up for another "Overnight Web Site Challenge"-a program through which the company and volunteers build free Web sites for nonprofit organizations. The Bloomington-based Web development firm

Hormel Foods Corporation's second-quarter profit met Wall Street expectations and grew 20 percent over the same period last year, a move that has prompted the food manufacturer to boost its

A study released Wednesday suggests that a best-selling bone-growth product made by Fridley-based Medtronic, Inc., may increase the risk of sterility in men. The study, published in the June issue

In an American Banker ranking that measured the reputations of 30 large U.S. banks, Minneapolis-based U.S. Bancorp fell near the bottom of the pack. With a score of 60.31, the

Issues such as increased regulations will likely cause medical device companies to move jobs back to the U.S. from foreign locations-and the Twin Cities has a lot of attributes to

Little Canada-based St. Jude Medical could be entering the drug-eluting stent market through its minority investment in Durham, North Carolina-based Micell Technologies, according to an industry analyst. Larry Biegelsen, a

Angeion Corporation, a St. Paul-based medical device company, announced Wednesday that its CEO Philip Smith has resigned, less than five months after accepting the top position at the company. Smith,

Troy Chaika was found guilty on Tuesday to charges related to a mortgage fraud scheme that bilked lenders out of more than $43 million, according to Minnesota's U.S. Attorney's office.

On Tuesday-the same day that Governor Mark Dayton vetoed Republican-supported budget bills-the governor signed an omnibus liquor bill that will allow Minnesota brewers to sell pints of their beer from

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