Funds are being distributed to victims of Trevor Cook's Ponzi scheme, but a recent clerical error resulted in some investors receiving more money than they were supposed to-and until they return the extra funds, assets won't be distributed to other victims who were underpaid.
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Dave Deno-who served as chief financial officer of Best Buy's international division and as president of its Asia region-has left the company to become executive vice president and chief financial officer of OSI Restaurant Partners.
George Morgan, who most recently served as chief operating officer of U.S. Oncology, will succeed Rob Kill.
The City of Bloomington's Planning Commission unanimously approved Best Buy's plan to add 155,867 square feet to an existing facility in the city.
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The City of Bloomington's Planning Commission unanimously approved Best Buy's plan to add 155,867 square feet to an existing facility in the city.
A company spokesman said that the cuts are not specific to a single function or department, and he declined to disclose how many Minnesota employees are affected.
Financial terms of the deal, which was completed on Monday, were not disclosed.
The new location at The Shoppes at Arbor Lakes in Maple Grove will be Whole Foods' sixth in the Twin Cities.
For the first quarter of this year, Target's same-store sales rose 5.3 percent-marking its strongest quarterly same-store sales performance in more than six years. In other news, the retailer has opted to stop selling Amazon's Kindle e-readers.
A University of Minnesota Extension study found that the state's 562 museums are also a boon for Minnesota's tourism industry; last year, an estimated 1.7 million people visited museums outside of their home regions, each spending an average of $24.35.
Barry Judge has reportedly left his role as chief marketing officer at Best Buy, and Stephen Gillett, who was recently appointed to lead the company's digital efforts, will now also oversee its marketing operations.
Minnesota's ranking represents a seven-spot drop from last year, when it ranked 29th; it ranked 22nd in 2008.
Eleven of Minnesota's agricultural cooperatives ranked among the 100 top-grossing in the nation based on 2010 revenue, and four made the top 10.
An Italian gem hides away amid the buzz of Northeast Hennepin.
Engineering firm Primordial Soup draws from an extensive kitchen of collaborators to whip up medical devices.
Moe's Southwest Grill and Which Wich Superior Sandwiches will join the Penn & American development and open their doors in August.
Minneapolis-based law firm Foley & Mansfield has acquired another Minneapolis-based firm-Skjold Parrington Business Attorneys; the deal does not include Skjold Parrington's foreclosure defense and insurance dispute practices.
A study commissioned by Ameriprise Financial found that Baby Boomers are providing financial assistance to their adult children and aging parents at the expense of their own retirement savings.
The Lake Elmo restaurant was named one of the 100 best restaurants for brunch by reviewers using the OpenTable reservation system.