Chad Anderson and Troy Huston each face up to five years in prison for allegedly brokering fraudulent mortgage loans.
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Minnesota companies would reportedly need to boost exports at a rate of nearly 15 percent each year in order to achieve Governor Dayton’s goal to double the value of exported items by 2017.
The food truck’s menu will reportedly include a goat burger, goat sausage, crispy pork belly, veal tongue sliders, and ice cream sandwiches made with Izzy’s ice cream.
The mayor also called for a 1.7 percent hike in the city’s property tax levy, although he said that most Minneapolis homeowners are not expected to experience an increase in their city property taxes.
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The mayor also called for a 1.7 percent hike in the city’s property tax levy, although he said that most Minneapolis homeowners are not expected to experience an increase in their city property taxes.
July marked the second consecutive month of job gains, although Minnesota’s unemployment rate rose slightly.
In a letter to the company’s board, the Best Buy founder repeated an earlier request for permission to form a group to conduct due diligence and develop a more formal offer; “I am not going away,” he wrote.
The Houston-based company said that it does not plan to change the mall’s tenant mix or management staff.
Consolidated Container Company plans to acquire Moorhead-based Roffe Container and build a new manufacturing facility in Lakeville, where it will add jobs.
The move marks the brand’s first foray into Europe, where the company plans to continue to expand.
Chris Coleman’s proposed 2013 budget would reduce spending by $1 million, increase the property-tax levy by 1.9 percent, and restore $1 million in funding to the police department.
Julian Okeayaninneh was sentenced to 27 years in prison for overseeing the fraud scheme; Olugbenga Adeniran, who authorities called a “high-level manager in the conspiracy,” was sentenced to roughly 22 years.
The new headquarters will reportedly be located in a building next door to a technical center that MOM Brands has operated since 2009; the two buildings together comprise 165,000 square feet and are spread across 20-plus acres.
The new name, XRS, stands for Xata Road Science—and it was driven by the company’s new mobile cloud platform, which was designed to slash trucking costs and help fleets and drivers remain compliant with federal and state regulations.
The board of directors decided to dismiss President and CEO Kenneth Aubrey, citing the company’s underperformance; meanwhile, board member Michael Doyle resigned because he disagreed with the decision.
Tokyo Electron Limited has agreed to buy Chaska-based FSI for $6.20 per share in cash—a 53 percent premium over Friday’s closing price.
Year-to-date, the number of new business filings in Minnesota is up 16 percent from the same period last year.
CEO Greg Page said that “cyclical trends” in the global soybean processing and North American beef industries led to decreased margins in two of Cargill’s operations.
ATM Network’s 25 employees have joined Cardtronics, and its Minnetonka headquarters will become Cardtronics’ Midwest hub.
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