Ritchie Capital Management filed a civil racketeering suit against Petters' executives and in-house counsel, as well as Fredrikson & Byron, which reportedly performed legal work for Petters' businesses.
Leadership
Steve Eastman, who left Target in October, will lead Polaris' parts, garments, and accessories business.
American Crystal Sugar says it is two-thirds of the way finished processing last year's beets, and "the window for reaching an agreement is closing."
Gerald Greenfield was sentenced for helping Brett Thielen, who was executing a mortgage fraud scheme involving a Minneapolis condo building, launder illegal profits.
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Gerald Greenfield was sentenced for helping Brett Thielen, who was executing a mortgage fraud scheme involving a Minneapolis condo building, launder illegal profits.
St. Paul Mayor Chris Coleman says a proposal for a Minneapolis Vikings stadium that involves funding for Target Center renovations is "unbalanced" and "inequitable."
TCF extended CEO Bill Cooper's contract term through the end of 2015 and increased his base salary from $950,000 to $1.5 million.
The first of four public interviews will feature Randall Peterson, deputy dean of faculty and professor of organizational behavior at the London Business School.
Greg Page-whose company has production facilities, warehouses, and branch offices in roughly 80 Brazilian cities-has been named chairman of the Brazil-U.S. Business Council.
Minnesota manufacturers are reportedly hiring for highly skilled positions, but they can't find qualified employees-and some say it's because they are not offering high enough salaries.
Vikings owner Zygi Wilf is now "optimistic" about the plan to build a new stadium at the Metrodome site. Los Angeles, meanwhile, which has been seeking an NFL team, is no longer in the market for 2012.
The governor told the owners of the Minnesota Vikings that the Metrodome site is the only option for a new stadium, if a stadium bill is to gain approval from the Legislature this year.
Twin Cities Business' Quarterly Economic Indicator survey found that, compared to the previous quarter, more Minnesota businesses expect to hire, invest in infrastructure, and raise prices during the first quarter of 2012.
A couple of months after a contentious proxy fight resulted in an activist investor winning three spots on Regis' board, the company has terminated the employment of its chief operations officer for undisclosed reasons.
The majority of those who responded to a recent survey plan to spend at least as much on leisure travel this year as they did in 2011, and 24 percent expect to boost spending.
Social enterprise pioneer Joe Selvaggio started his newest venture, MicroGrants, to give ambitious people in need a boost—without getting them into debt.
Egan Company’s CIO Jim Nonn prides himself on how much he and his five-person department can do.
Minnesota's unemployment rate dropped another 0.2 percent in December to reach 5.7 percent, as the state added 7,900 jobs.
The governor appears to favor the Linden Avenue site near the Basilica of St. Mary, although he believes all three of the front-runner proposals have problems that could prevent a stadium proposal from receiving legislative approval this year.
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