Stan Gadek is being replaced on an interim basis by Vice President and General Counsel John Fredericksen.
Industry
The executive board of a union representing about 13,000 U.S. CenturyLink employees has authorized setting a strike date, although negotiations with the company continue.
The University of St. Thomas board of trustees elected Julie Sullivan as the successor to Dennis Dease, who will retire June 30 after 22 years as president of the university.
7000 Sandell Condominiums’ homeowners association and property managers will pay $40,000 to settle allegations that they violated the Fair Housing Act.
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7000 Sandell Condominiums’ homeowners association and property managers will pay $40,000 to settle allegations that they violated the Fair Housing Act.
State officials say the bill would add an average of $72 per student in fiscal year 2014 and an average $339 increase per student in fiscal year 2015.
Altec HiLine is awaiting approval for a $250,000 forgivable loan from the state that would aid its planned $1 million expansion in Duluth.
Because Minnesota receives so little federal funding, the direct impact of the sequester here would be limited.
A lawsuit that Attorney General Lori Swanson filed last month alleges that the company and its leader failed to deliver and maintain operational systems to farmers who invested in them and failed to make good on promised sales and revenue projections.
The struggling data storage company, which reported a fourth-quarter loss of $310.2 million, said it is in the midst of a strategy to turn itself around, which includes previously-announced plans to cut 20 percent of its global work force.
However, the number of foreclosures is still three times higher than in 2005; meanwhile home sales in January jumped 11 percent year-over-year.
Enhanced buses would operate with pre-boarding payment and access through any door to speed up exit and entry at stops.
Edwards Jones Mortgage, LLC, a joint venture between Wells Fargo and investment firm Edward Jones, will close next month.
The Wall Street Journal, citing unnamed sources, reported that Richard Schulze is weighing the idea of lining up investors to take a minority stake in Best Buy, rather than moving forward with a private takeover.
Lawyers for Subramanian Krishnan and the U.S. Securities and Exchange Commission reached a “tentative settlement,” which must be approved by the SEC in Washington, D.C., a process that can take several months, before being sent to a judge for approval.
The company, which recently changed its name to Holaira, employs about 20, roughly half of whom have joined since its move to Plymouth.
St. Paul-based King Brothers Clothiers has introduced the ShelbyKnot Collection, a line of neckwear that shares the name of a knot made popular by Don Shelby.
The 42-acre site on which FedEx wants to build is owned by Bremer Bank, but the company will lease it if the City of Maple Grove approves its building plans.
In addition to the Sports Illustrated partnership, Target rolled out a commercial boasting an exclusive version of Justin Timberlake’s first album in six years, and it promoted its exclusive new Prabal Gurung design collection with a lavish launch party during New York Fashion Week.
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