A U.S. Senate Finance Committee report based on thousands of documents from Medtronic adds to the controversy surrounding the company’s bone-growth product Infuse, but Medtronic said that it “vigorously disagrees” with the committee’s claims.
Industry
Amid dismal quarterly earnings, Imation also said that it will explore “strategic alternatives” for its consumer electronics brands and businesses as it increases its focus on data storage and security; an analyst said that although Imation has “the resources to be successful,” he doesn’t see such businesses as highly attractive to potential buyers.
DiaMedica, which is developing drugs to treat diabetes, chose to move to the Twin Cities because of the area's strong life sciences sector, among other benefits.
The seasonal service, which marks Air France’s first in the Twin Cities, will include five flights a week from May 21 through June 16 and one flight daily from June 17 through September 1.
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The seasonal service, which marks Air France’s first in the Twin Cities, will include five flights a week from May 21 through June 16 and one flight daily from June 17 through September 1.
The best opportunities for networking this month.
Target, which has been seeking a buyer for almost two years, said that it will “continue to earn a substantial portion of the profits” generated by its credit card portfolio.
Prabal Gurung—whose creations have been worn by Michelle Obama, Kate Middleton, and Lady Gaga—has designed a limited-edition collection of women’s apparel and accessories that will hit Target shelves in February.
CEO Inge Thulin said that the company continues to grow despite a “slow-growth economy,” although it now expects 2012 earnings to be in the range of $6.27 to $6.35 per share—down from the previously expected $6.35 to $6.50 per share.
Merrill Corporation is expected to essentially replace its existing $626 million of debt with new loans that have later deadlines, and both Moody’s and S&P expect to upgrade the company’s credit ratings if the refinancing is executed as planned.
The company plans to add 87,000 square feet to its former headquarters building in downtown Minneapolis, which is now a research and development facility.
The company has consistently increased its employee base during the last several years and has now expanded its St. Paul office by more than 30 percent to accommodate the growth.
A local company with technology to protect the power grid from doomsday
scenarios may be gaining traction in the market. But without sales or
real-world evidence of risk, will Emprimus be taken seriously?
We dug through the product
reviews and spec sheets to bring you a collection of the best new tech devices on
the market.
While the Minnesota Orchestra has been locked out all month, the Saint Paul Chamber Orchestra had continued working under a “play-and-talk” arrangement; but its musicians have now also been locked out, and performances are canceled through November 4.
Are car repairs the next old-school business waiting to be revolutionized by the Internet?
The stock surge came after Debtwire news service reported that private equity firm Cerberus Capital Management is trying to arrange $4 billion to $5 billion in debt financing to back a bid.
Minnesota ranked high among the nation’s states in terms of both average debt load carried by recent college graduates and percentage of recent grads with debt.
Portland’s public policies of the past have created a more connected and transit-possible city than Minneapolis.
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