The receiver in the Tom Petters case is reportedly seeking $2 million from Crown Bank related to proceeds from two of Petters’ properties. Meanwhile, Petters’ attorney argued again that Petters’ 50-year sentence should be reduced.
Industry
Prime Therapeutics, which added 443 jobs locally in the past year, recently announced its next location for significant job growth: Irving, Texas. The Eagan-based company plans to add 200 new positions there.
The Minneapolis-based company has struck deals to sell two of its businesses to law firms that are clients of the businesses.
Uroplasty, which delayed filing its annual financial report last month due to possible issues regarding how it paid employees, has been given 60 days to explain how it will regain compliance with Nasdaq requirements.
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Uroplasty, which delayed filing its annual financial report last month due to possible issues regarding how it paid employees, has been given 60 days to explain how it will regain compliance with Nasdaq requirements.
The former chief financial officer of a Twin Cities company agreed to pay $60,000 and to be banned from serving as an officer or director of a public company for five years.
Minnesota House Minority Leader and Senate Minority Leader say that the new sales tax on warehousing and storage services is “unnecessary and burdensome.”
Target’s founder and first president is credited with helping reshape U.S. retail.
The employer-shared responsibility provision in the health care reform law requires large employers to meet specific standards in order to avoid penalties. Now they have an extra year to comply.
Ryan Companies won the bid to develop parking structures near the planned Minnesota Vikings stadium; the company had cited the parking project as a key component of its larger redevelopment plan.
Minnesota schools are joining the movement to boost financial literacy across the state, focusing on education and outreach from grade school children to senior citizens.
Urologix paid Medtronic $2 million of the $7.5 million it owes for the licensing of a Medtronic, delaying payment for the remainder of the sum.
The Minnesota Court of Appeals reaffirmed a lower court’s decision, disqualifying a law firm that was representing the state in a case against 3M.
Both Mayo and Rochester will become increasingly dependent upon those neighboring communities to provide good places for people to live and educate children.
Having already established itself as one of the top turnaround stocks of the year, Best Buy’s shares rose again on Monday after an analyst at Credit Suisse raised the company’s target price.
While Select Comfort's stock price remains lower than it was six months ago, it has recently been on a consistent climb, and analysts see additional growth potential.
Local law firm Fare Grange claims that an advocacy group has engaged in “trademark bullying.” The advocacy group, meanwhile, said that it must protect its trademarks to avoid confusion among potential donors.
Twin Cities Business reported last year that a software startup was giving OpenTable a run for its money; that startup now says it handles 51.7 percent of Twin Cities reservations, although OpenTable disputes that assertion.
According to the Metropolitan Council, $2.5 million in cleanup grants will help add 1,700 jobs and 168 affordable homes.