Moody's downgraded its outlook for Minnesota's debt, although it affirmed its actual rating for the state, which remains one step below the agency's top rating.
Banking + Finance
Recent Wayzata High School graduate Jack Alexander won a trip to the financial capital of the United States, New York City, for his winning essay about how he'd invest $100,000.
The airline's purchase price was previously undisclosed, but recent court documents revealed that the company was sold for about $10 million more than the minimum bid price.
Twin Cities–area meeting planners create stunning events that serve corporate and institutional clients.
More than 300 business leaders expect that employee productivity will increase by September 30, according to a survey conducted by Twin Cities Business.
Smack Shack’s rule in the Twin Cities and in the U.S.
The Davis family, Minnesotans who own Cambria Holdings and Davisco Foods, purchased the airline, which emerged from bankruptcy in February. An attorney representing the trustee in the Petters bankruptcy case, who oversaw the transaction, said that the involved parties sought to keep the price confidential, and declined to disclose the sales price.
Thousands of the bank's employees are testing a MasterCard-branded wristband that stores customers' financial information and can be used to make payments; the wristband also stores emergency contact and medical information.
Who says the best seats are in the stadium?
To sushi, add izakaya munchies.
How banks and finance managers protect businesses against fraud.
A more inventive sweet course at Heidi’s.
The hedge fund industry is back—sort of—and Redleaf, the contrarian mind behind Whitebox Advisors, has been trouncing industry benchmarks.
Seven people arrested Wednesday-at least three of whom worked at Twin Cities-area banks-were part of a network that allegedly stole more than $10 million from some of the nation's most well-known banks.
Baretta Dean Bork and Xavier Willis Bork each face up to five years in prison for defrauding 24 area lenders out of $4 million.
Trustee Doug Kelley has created a mini-industry that’s out to recover as much as $18.4 billion for the victims of the Petters Ponzi scheme. But the recovery efforts are making many debtors—which include nonprofits—feel victimized. Kelley says he has no choice: “We are making law day by day.”
Menswear designer Jason Hammerberg has already worked for an overeager start-up. In charge now, he’ll build more slowly.
Online stationery start-up Pear Tree Greetings wants you to stay in touch.