The new division, called TCF Capital Funding, will focus on lending to companies with fewer than $100 million in annual sales and between $2 million and $10 million in earnings.
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The Minneapolis-based cereal company has bought the rights to the "choice of a new generation" tagline, which it will use in a video advertisement for its Better Oats line of instant oatmeal.
The deal, the financial terms of which were not disclosed, includes the rights to the Cass-Clay brand in addition to a Fargo milk processing plant.
Barbara Puro and co-conspirators-several of whom have been sentenced for their role in the crime-operated a mortgage fraud scheme that allegedly involved more than $10 million in fraudulent loans.
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Barbara Puro and co-conspirators-several of whom have been sentenced for their role in the crime-operated a mortgage fraud scheme that allegedly involved more than $10 million in fraudulent loans.
White Earth Nation said that a Twin Cities casino could bring the State of Minnesota between $726 million and nearly $1 billion in revenue by the end of its first five years of operation; the tribe said the money could be used to fund the state's share of a new Vikings stadium, among other things.
Minnesota companies sent $702 million worth of products to South Korea last year, and the state now stands to benefit from a free trade agreement that will eliminate most tariffs on goods exported there.
UnitedHealth Group's international division has expanded health insurance coverage to employers that have workers in the Middle East.
A proposal to build a $975 million Vikings stadium received its first hearing in front of a Senate committee on Wednesday, but the committee indefinitely postponed a vote on it.
The two were among 15 banks that the Federal Reserve projects will have adequate capital should a financial crisis occur.
Rochester and Minneapolis followed close behind and ranked third and fourth, respectively, in a ranking recently released by the Commonwealth Fund.
Capital Safety, which employs about 400 at a plant in Red Wing, is moving its corporate headquarters from London to the Twin Cities.
The non-traditional advertising company most recently purchased The Wide Format Shop, a Minnetonka-based print shop that produces ads for the sides of trucks and ice boxes and other large vinyl graphics and banners.
Land O'Lakes, GE Capital Fleet Services, Bassford Remele, and Burlington Northern Santa Fe took the top corporate awards.
A couple of days after Geek Squad founder Robert Stephens left Best Buy, the consumer electronics giant announced that it has hired Starbucks Chief Information Officer Stephen Gillett to lead its digital efforts.
A Canadian agribusiness company recently revealed that it has received "expressions of interest," prompting speculation of a possible takeover; The Wall Street Journal reports that Cargill is among those interested in the deal.
The St. Louis Park-based restaurant chain, which recently acquired several Cadillac Ranch restaurants, plans to open a new Granite City location in Tennessee.
The bank-holding company said the move reflects its shift away from longer-term loans and investments, including residential loans, commercial loans, and mortgage-backed securities, and toward shorter-duration variable-rate loans, such as auto loans and equipment financing.
The grand opening of Fulton Beer's taproom attracted more than 1,000 craft beer fans, and the brewery said it will use the new taproom revenues to invest in continued growth.
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