Best Buy said Monday that it will close its 11 big-box stores in the United Kingdom and also pay about $1.3 billion to buy out the Carphone Warehouse Group's stake in Best Buy's U.S. mobile phone business.
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The St. Louis Park-based restaurant operator said that it has completed the acquisition of the Cadillac Ranch eatery at the Mall of America and expects to close on the purchase of six more before the end of the year.
The Met Council has joined an ongoing lawsuit seeking damages from 3M for alleged environmental effects stemming from its disposal of chemicals.
A London court found that 3M breached an agreement to actively market a product called BacLite and ordered it to pay $1.3 million in damages; 3M, meanwhile, is touting the outcome as a victory, pointing out that the lawsuit had originally sought about $40 million in damages.
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A London court found that 3M breached an agreement to actively market a product called BacLite and ordered it to pay $1.3 million in damages; 3M, meanwhile, is touting the outcome as a victory, pointing out that the lawsuit had originally sought about $40 million in damages.
A new proposal-called "The Corridor" by its authors-calls for building a new Vikings stadium at the Farmers Market site, redeveloping the Metrodome site as a "medical campus," and establishing a new governing body to oversee the region's sports and entertainment facilities.
The new "Delta Away We Go" app allows Facebook users to plan a trip, invite their friends, discuss details, and purchase plane tickets without ever leaving the social-networking site.
With the holiday shopping season right around the corner, Target reported that its year-over-year, same-store sales growth in October was almost double that experienced between October 2009 and 2010; still, the results fell short of analysts' expectations.
A restructuring plan that just received bankruptcy court approval will give majority control of Perkins & Marie Callender's, Inc., to Wayzata Investment Partners.
Several hours after an activist investor won three spots on Regis' board, the company also appointed Randy Pearce as a director-expanding the board to include eight members.
The Minneapolis newspaper joins a growing list of news providers that are implementing an online "paywall."
The prominent white-collar crime investigator who spent more than a decade with the U.S. Attorney's office has joined UnitedHealth Group.
Despite a recent report from the Metropolitan Council that described the proposed timeline as "aggressive" and "unrealistic," Mortenson said it has "complete confidence" that the proposed Vikings stadium in Arden Hills can be built by 2015.
The company, which was founded in 2007 by serial entrepreneur Manny Villafa–a, has entered an agreement through which it will sell up to $20 million of its common stock.
The city's convention and visitors association is rolling out a new brand-including a logo, tagline, and revamped Web site-in an effort to attract more visitors, and in turn, create more jobs.
Governor Mark Dayton announced that the state will disburse up to $100 million among community banks to spur lending to small businesses, thus doubling the amount provided through an existing program.
Several months after acquiring a motorcycle company and then a maker of low-speed electric-powered vehicles, the Medina-based company has bought a stake in Brammo, which makes electric motorcycles.
A new report estimates that the state's employees suffered 76,700 nonfatal workplace injuries and illnesses last year, representing about 3.9 injuries per 100 full-time workers.
Minneapolis officials, who have mostly remained on the sidelines since the Vikings announced their support for an Arden Hills plan, are now re-entering stadium talks; part of the mayor's plan involves an increased sales tax.
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