Blue Cross and Blue Shield of Minnesota has hired or promoted seven new leaders, but it is still in the process of selecting a new chief financial officer and chief medical officer.
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Excluding one-time items related to store closures and layoffs, the grocer's net earnings totaled $81 million, or 38 cents per share-higher than the 35 cents per share predicted by Wall Street analysts.
Best Buy said there was "mutual agreement that it was time for new leadership to address the challenges that face the company."
Matthew Ames, who founded MN Pro Paintball when he was still in high school and has since grown its annual sales to more than $1 million, was named the Minnesota Young Entrepreneur of the Year.
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Matthew Ames, who founded MN Pro Paintball when he was still in high school and has since grown its annual sales to more than $1 million, was named the Minnesota Young Entrepreneur of the Year.
Sixteen of the company's executives will receive bonuses if the company meets certain financial goals; the company handed out similar bonuses during its first bankruptcy in 2008.
Wells Fargo reportedly said that it believes the Edina law firm's allegations "have no merit," adding that, "We will vigorously defend, and expect to prevail."
Participating businesses receive up to $2,500 in matching funds for wages paid to student interns hired through a new program called SciTechsperience.
Bethesda, Maryland-based CodeRyte provides language processing and coding technology to health care providers.
The Mill is a new collaborative workspace that gives members access to tools and equipment that they don't have access to at home, including 3-D printers, computers with design and drafting software, industrial sewing machines, and a metal shop.
Surly developed "Bandwagon," a West Coast India pale ale, exclusively for sale at Target Field-but it won't sell its flagship beer, Furious, at the stadium this season.
St. Jude claims that a recently published article that analyzed deaths tied to defibrillator leads contains "substantial errors" and a "biased analysis."
Former Pinehurst Bank President John Markert was found guilty on five counts of misapplication of bank funds. Gregory Pederson, the bank's former chief credit officer and senior vice president, was acquitted of each count that he faced.
Same-store sales rose 7.3 percent last month, beating the expectations of both Wall Street analysts and the company itself.
A new law changes the statute of limitations from six years to two years for clawback lawsuits seeking fraudulent transfers made to charitable organizations.
Magnet 360-which now bills itself as a "social enterprise agency"-says it will offer a comprehensive set of "social business" services to large business clients, including General Mills, Ecolab, Medtronic, and 3M.
Xollai has developed guidance technology for unmanned aircraft and will become part of ReconRobotics' product engineering and design operations.
HealthPartners, Medica, Blue Cross and Blue Shield of Minnesota, and UCare last year agreed to cap their 2011 profits from insurance coverage to low-income Minnesotans at an amount equal to 1 percent of revenue; they pledged to return the rest to taxpayers.
Best Buy is looking to roll out a new Teen Tech Center program this year in Minneapolis, Chicago, and Miami, and it's seeking local partners to support the initiative.
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