Despite strong union opposition, trustees of the Minnesota State Colleges and Universities (MnSCU) system on Friday announced plans to distribute $415,875 in what it calls "performance pay" to 33 top
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Minneapolis-based staffing firm Pro Staff announced Monday that it has changed its corporate name to Atterro, Inc. The company, which will do business as Atterro Human Capital Group, has altered
Minneapolis businesses owned by women and minorities are not getting the same benefits as other businesses in the city, according to a study released Thursday by Austin, Texas-based NERA Economic
The U.S. Federal Deposit Insurance Corporation (FDIC) recently increased oversight of three Minnesota banks. The FDIC issued consent orders to St. Francis-based Village Bank, Wyoming-based Patriot Bank Minnesota, and Tracy-based
Golden Valley-based General Mills, Inc., on Thursday reaffirmed its 2011 fiscal-year guidance, which came in below analyst expectations. The company said it expects earnings to range between $2.46 per share
Twin Cities Business (TCB) won 13 awards-including five gold awards-at the Minnesota Magazine & Publishing Association's 14th annual Minnesota Publishing Excellence Awards event Thursday night. The gold awards given to
Austin, Texas-based Whole Foods Market, Inc., announced Wednesday plans to open a new store in Minnetonka next year. The 32,000-square-foot supermarket will be located on Plymouth Road-and it will be
A Canadian real estate investment trust has reportedly bought several Twin Cities-area properties recently and is becoming a major industrial landlord. Artis Real Estate Investment Trust, based in Winnipeg, bought
St. Paul-based Cardiovascular Systems, Inc., on Wednesday posted a 20 percent increase in first-quarter revenue and an improved net loss, beating analyst estimates. Net loss for the quarter that ended
Airfare at the Minneapolis-St. Paul International Airport (MSP) jumped 23.3 percent between the second quarter of 2009 and the second quarter of this year, according to data released Monday by
Solera, a Spanish-style restaurant located in downtown Minneapolis' theater district, has been sold to a subsidiary of the Hennepin Avenue Opportunity Fund and will now be operated by Graves Hospitality
Target Corporation posted a same-store sales increase in October, narrowly beating Wall Street expectations but slightly missing the company's desired results. Same-store sales-sales at stores open for at least a
Minneapolis-based Target Corporation announced Monday that it will begin selling Apple's iPhone beginning Sunday. The retailer said that the smart phone will be available at 846 of its stores-those that
Minneapolis-based Xcel Energy, Inc., announced Wednesday that its subsidiary, Northern States Power Company Minnesota (NSP), has asked the Minnesota Public Utilities Commission (PUC) for permission to hike electricity rates. NSP-which
New Brighton-based Cardiovascular Systems, Inc. (CSI), said Tuesday that it has agreed to pay $1 million to settle an employment lawsuit filed by Plymouth-based Ev3-a rival medical-technology company that was
A former partner at prominent local law firm Lindquist & Vennum, PLLP, has been sentenced to six-and-a-half years in prison for embezzling approximately $2 million from clients and the firm.
The James J. Hill Reference Library's board is considering turning some of its space into a business incubator to help offset losses that it has recently faced. Tom Triplett, director
The IRS and the Department of Health recently announced how they will allocate $1 billion in grants under the Qualifying Therapeutic Discovery Project program-and Minnesota firms will receive approximately $23.2