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Minneapolis Receives Top Credit Ratings

The City of Minneapolis, amid a struggling economy and diminishing state aid, has been awarded top credit ratings from three rating services. Standard and Poor's rating service awarded the city

U.S. Bank Sued by Insurer Over $47M Loss

Minneapolis-based U.S. Bancorp has been sued by Omaha, Nebraska-based insurance company Woodmen of the World over $47 million that it lost from investments made by a trust controlled by the

Buffalo Wild Wings 7th-Fastest Growing Chain

Golden Valley-based restaurant operator Buffalo Wild Wings, Inc., has landed on a list of the 10 fastest-growing restaurant chains after posting a 14 percent increase in its 2010 sales. According

Four Minnesota Cos. Named “World’s Most Ethical”

Four Minnesota companies-Richfield-based Best Buy, Inc., St. Paul-based Ecolab, Inc., Golden Valley-based General Mills, Inc., and Minneapolis-based Target Corporation-are on the 2011 "World's Most Ethical Companies" list published by New

MN Jobless Rate Remains Steady at 6.7 Percent

Minnesota's unemployment rate remained steady in February as employers added 1,300 jobs during the month, according to figures released Thursday by the Minnesota Department of Employment and Economic Development (DEED).

NxThera Completes $12.6M Financing Round

NxThera, a St. Paul-based medical technology start-up, announced Wednesday that it has raised $12.6 million in a recent round of financing. The company, which is developing a technology to reduce

Regulators Probe MoneyGram Over Fraud Protection

Recently departed MoneyGram International, Inc., has been asked by several entities to provide documents related to its fraud protection programs, transactions, and consumer complaints. According to a Wednesday regulatory filing,

St. Jude CEO Starks Detained in India

St. Jude Medical, Inc., Chairman and CEO Daniel Starks was detained in India on Wednesday after a single ammunition shell was found in his baggage at the New Delhi airport.

3M CFO to Retire, Replacement Named

3M Company on Tuesday announced that Patrick Campbell, the company's chief financial officer (CFO), will retire on May 1. David Meline-who currently serves as vice president, corporate comptroller, and chief

General Mills Among Top 10 Companies for Women

Golden Valley-based General Mills, Inc., has been named one of the top 10 companies for female executives. The National Association for Female Executives (NAFE) on Tuesday released an unranked listing

MN Gets Piece of $68.5M Pharmaceutical Settlement

The state of Minnesota will get a yet-to-be-determined portion of a $68.5 million settlement that was reached with pharmaceutical manufacturer AstraZeneca Pharmaceuticals. The settlement, which was filed last week in

MN Reports Record Quarter for Manufactured Exports

Minnesota exported $4.6 billion in manufactured products during the fourth quarter of 2010-setting a new quarterly record-according to data released Tuesday by the Minnesota Department of Employment and Economic Development