The bank, which previously imposed a monthly maintenance fee for customers who didn’t meet certain requirements, has returned to an earlier policy of offering free checking to all customers.
Banking + Finance
UnitedHealth Group on Tuesday announced plans to hire 1,500 employees to staff four Texas locations.
Plymouth-based The Tile Shop intends to start trading on the Nasdaq Stock Market after it merges with JWC Acquisition Corporation.
The health insurer will provide a $100 annual credit to individuals who meet four health goals.
About a week after Farley’s & Sathers completed its merger with Ferrara Pan Candy Company, the combined business announced plans to shutter facilities in Minnesota and Tennessee, resulting in an unspecified number of layoffs.
The City of Minneapolis spent $467,139 on staff and contract lobbyists last year, the most of any local government in the state.
The Human Life Value Calculator iPad app gives users a range of their economic value based on current income and debt, as well as expected lifetime earning capacity—and Securian says it might make users “think twice about their life insurance coverage.”
Kirk Nielsen, who will serve as the sole investment professional in Versant Ventures’ local office, said his firm believes that the Twin Cities constitute “a great place to build companies, and our opening of an office there is a sign of our long-term commitment to the region.”
An amended lawsuit includes additional allegations that Accretive Health violated consumer protection and privacy laws, and it includes a long list of sworn statements from hospital patients.
Maplewood-based 3M said the acquisition of Federal Signal Technologies Group will expand its traffic products business.
G. Mike Mikan said at the company’s annual meeting that Best Buy aims to curb the practice of “showrooming,” provide better customer experience, reduce its retail footprint, and focus on return on investments.
A subsidiary of Minnetonka-based UnitedHealth Group will open a new call center in Colorado this month.
Regis’ 80 million-euro deal to sell its stake in a European company has declined in value as the euro has weakened in comparison to the dollar.
Bob Walker, who was charged in December with one count of conspiracy to commit securities fraud, now faces a total of 20 charges. Walker will plead not guilty next week, according to his attorney.
After his retirement, Al Annexstad—who also served as CEO for 10 years—will continue to serve as a member of the company’s board of directors.
Some analysts are speculating that the two Minnesota-based companies, whose share prices have dropped dramatically, could be the targets of leveraged buyouts.
The companies have worked closely for the past four years; both focus on therapies for diseases of the central nervous system, including Parkinson’s disease, epilepsy, and Alzheimer’s disease.
The St. Louis Park-based restaurant chain said that the capital will “help to accelerate our growth going forward.”