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The Robbinsdale hospital, which has been experiencing a decline in the number of patients it treats, shed an undisclosed number of employees on Monday.
Minnetonka-based First Minnesota Bank will acquire the assets of 1st Regents Bank in Andover, which was shuttered by regulators.
New Brighton-based Johnson Screens, which makes water treatment equipment and employs 250 people in Minnesota, has agreed to be acquired by Germany-based Bilfinger.
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New Brighton-based Johnson Screens, which makes water treatment equipment and employs 250 people in Minnesota, has agreed to be acquired by Germany-based Bilfinger.
Best Buy is once again among the group of advertisers that have bought a coveted Super Bowl spot; Target, meanwhile, has launched a mobile game meant to help promote products for game-day parties.
The partnership will give the restaurant chain marketing and promotional rights to all 89 of the NCAA championships.
Barbara Kaye Rechtzigel, former senior operations manager at Minnwest Bank in Marshall, embezzled money for her personal use, primarily to pay off shopping debts.
Despite the recent sales and earnings increases, Fastenal’s pace of growth has slowed compared to 2010 and 2011.
Minnesota employers added 9,100 jobs last month following strong job growth in November.
The Business Roundtable, which counts among its members CEOs who head Minnesota companies, is calling for a gradual increase in both the Social Security retirement age and the Medicare eligibility age.
Net income climbed 5.2 percent as revenue rose modestly in the fourth quarter, closing out a strong year for the bank-holding company.
Infor’s current lease at Lawson Commons is set to expire in mid-2015, and a spokesman said the company always explores its options when a lease is up for renewal but added that Infor’s need for physical space in St. Paul has diminished.
Shares of Christopher & Banks’ stock climbed on news that the retailer—which is in the midst of a major turnaround effort—has raised its fourth-quarter outlook.
Winmark Corporation, which has been growing recently thanks to its fast-growing Plato’s Closet women’s clothing resale franchise, will soon launch another similar concept.
The company previously said it expected to receive such a letter from regulators following the inspection of a manufacturing facility in California.
The new CEO succeeds Kevin DiLorenzo, a 10-year Olson veteran who was appointed chief executive in 2010 to grow the agency through acquisitions.
The Kresge Foundation, led by former McKnight Foundation President Rip Rapson, unveiled a 50-year blueprint for Detroit and pledged $150 million to help revitalize the ailing city.
Shortly after adopting a year-round online price-match policy and reporting flat December sales at stores open for at least a year, Target is introducing six online-only brands; the retailer separately announced plans to cut ties with RadioShack and begin working with two new mobile phone partners.
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