Fredrikson & Byron, General Electric Capital Corporation, and the John T. Petters Foundation recently agreed to settle clawback lawsuits filed by bankruptcy trustee Doug Kelley.
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In addition to the new London office, the local hedge fund manager now has offices in Minneapolis; Austin, Texas; and Singapore.
Same-store sales were up 4.4 percent this month, representing a more significant jump than the 3.5 percent increase expected by analysts and “at the high end” of the company’s expected range.
Comcast, which last year announced plans to hire 600 call center workers in Minnetonka and St. Paul, is now cutting roughly 65 St. Paul employees as it shifts its “inbound sales” operations to Oregon.
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Comcast, which last year announced plans to hire 600 call center workers in Minnetonka and St. Paul, is now cutting roughly 65 St. Paul employees as it shifts its “inbound sales” operations to Oregon.
The Fargo-based bank last year acquired Minneapolis-based Bell Mortgage, and it now plans to change its name to capitalize on the brand recognition of the Bell name in the Twin Cities market.
The city predicts that the switch from seven-sort recycling will increase materials recovered by 60 percent and boost the Minneapolis recycling rate from 18.1 percent to 32 percent.
Dario Franchitti and Scott Dixon—both of whom are sponsored by Target—were the first two drivers to reach the checkered flag.
A total of $600,000 in grants was recently awarded to help former employees of BAE Systems, Cargill, and Quality Wine and Spirits find employment.
Edina-based clothing retailer Hot Mama, which caters to fashion-forward moms, has grown to 30 stores in 11 states since its inception in 2004 and is on track to grow to 100 stores and generate $100 million in revenue by 2016.
The Monday fire also resulted in substantial damage to the plant; a cause has not yet been determined.
Offering a lower barrier to entry, food trucks have allowed local entrepreneurs to test-drive their food concepts—but there’s a growing trend of trucks expanding their brands to permanent restaurants.
Ads are the chief weapons in the tourism war, and because Minnesota’s marketing budget is tight, “the dollars we put in have to work harder,” says Ryan Olson, an account director at Colle+McVoy, the Minneapolis advertising agency that handles Minnesota’s tourism account.
The company has agreed to buy Brazil-based food company Yoki Alimentos, S.A., for about $859 million, thus confirming rumors that surfaced earlier this year.
Fairview’s chief executive Mark Eustis will retire on July 31 when his five-year contract expires, and Chairman Chuck Mooty will take the reins as interim CEO.
The announcement comes a week after the workers and the eight Twin Cities hospitals that employ them reached a tentative contract deal—and the tentative deal was struck just a day after employees authorized a two- to five-day strike.
A national volleyball tournament is expected to draw up to 30,000 athletes and spectators to Minneapolis in 2014.
Round Lake-based Farley’s & Sathers Candy Company and Forest Park, Illinois-based Ferrara Pan Candy Company did not release many details—including where the combined company will be based—but said that the post-merger company will be headed by Ferrara Pan’s current CEO.
The St. Paul Port Authority is buying a property in downtown St. Paul on which the city wants to build a new baseball stadium—but the city is still seeking money from the state.
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