Best Buy’s bylaws now require that an investor own at least 25 percent of the company’s stock in order to call a special meeting related to a “change of control”; founder Richard Schulze and entities that he controls own 21.2 percent.
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The City of Minneapolis spent $467,139 on staff and contract lobbyists last year, the most of any local government in the state.
The Human Life Value Calculator iPad app gives users a range of their economic value based on current income and debt, as well as expected lifetime earning capacity—and Securian says it might make users “think twice about their life insurance coverage.”
Kirk Nielsen, who will serve as the sole investment professional in Versant Ventures’ local office, said his firm believes that the Twin Cities constitute “a great place to build companies, and our opening of an office there is a sign of our long-term commitment to the region.”
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Kirk Nielsen, who will serve as the sole investment professional in Versant Ventures’ local office, said his firm believes that the Twin Cities constitute “a great place to build companies, and our opening of an office there is a sign of our long-term commitment to the region.”
Thirty-seven percent of Minnesota’s hospitals received an “A” rating in a national study on hospital safety.
St. Jude Medical claims that a defective device reported to the U.S. Food and Drug Administration last month did not have the same flaw as an older line of devices that was recalled last year.
When the Edina complex opened in 1956, it served as the first enclosed shopping mall in America—and hundreds of other shopping malls across the United States were subsequently modeled after it.
A subsidiary of Minnetonka-based UnitedHealth Group will open a new call center in Colorado this month.
An amended lawsuit includes additional allegations that Accretive Health violated consumer protection and privacy laws, and it includes a long list of sworn statements from hospital patients.
In her position as an accounts-payable supervisor, Cynthia Carol Jacobsen allegedly created a phony vendor account in the name of her daughter and authorized payments to the daughter between 2008 and May 15 of this year.
General Electric Capital Corporation, Fredrikson & Byron, and the John T. Petters Foundation will collectively pay nearly $34 million to settle clawback lawsuits filed by bankruptcy trustee Doug Kelley.
The short list of possible sites for the brewery include two in Minneapolis, one in Brooklyn Center, and a fourth in an unnamed “inner suburban” location.
The 212,000-square-foot office building would house approximately half of Xcel Energy’s 1,500 downtown Minneapolis employees; the other half would work at Xcel’s current headquarters across the street.
Maplewood-based 3M said the acquisition of Federal Signal Technologies Group will expand its traffic products business.
The American Swedish Institute in Minneapolis has asked the comedian to take control of its Twitter account in the days leading up to the opening of its new Nelson Cultural Center.
Joseph Steven Meyer and other co-conspirators allegedly defrauded mortgage lenders in conjunction with a condo project of bankrupt St. Paul developer Jerry Trooien, who has not been charged.
G. Mike Mikan said at the company’s annual meeting that Best Buy aims to curb the practice of “showrooming,” provide better customer experience, reduce its retail footprint, and focus on return on investments.
After his retirement, Al Annexstad—who also served as CEO for 10 years—will continue to serve as a member of the company’s board of directors.