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Dayton Vetoes Scaled-Back Bill with Business-Tax Cuts

The governor said that the tax bill-which included property tax breaks and other benefits for the state's businesses-ignored his requirement that "any new spending increases or tax reductions had to maintain the current budget reserve and avoid increasing future deficits."

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Union Depot Selects Prop. Manager, Bike-Center Operator

Pending negotiations with the Ramsey County Regional Rail Authority, Jones Lang LaSalle will provide property management services for St. Paul's Union Depot transit hub-and Minneapolis-based One on One Bicycle Studio, Inc., will design and operate a bicycle center there.

Accretive Health Denies Allegations in Letter to Franken

In response to a series of questions posed by U.S. Senator Al Franken, Accretive Health released a 29-page report that denies allegations that it violated privacy laws and used overly aggressive tactics to obtain payments from patients of Minneapolis-based Fairview Health Services.

After Probe Involving Ex-CEO, Schulze Steps Down as Best Buy Chairman

An independent investigation found that Best Buy's ex-CEO Brian Dunn violated company policy by engaging in a close personal relationship with a female employee-and that Chairman and founder Richard Schulze "acted inappropriately" when he failed to notify the company's audit committee after learning about allegations of such a relationship.

Best Buy Expands Probe of Ex-CEO, Looks at Top Execs

According to the Star Tribune, the electronics retailer is exploring whether some of its top leaders improperly withheld information from its board and whether former CEO Brian Dunn used company-leased aircraft in connection with a relationship he's alleged to have had with a female subordinate.

Sage Electrochromics Sold to French Co. Saint-Gobain

In late 2010, Saint-Gobain bought an initial 50 percent stake in Sage; the French glass and building materials giant said that assuming full ownership will allow Sage to expand into international markets, develop new products, and complete construction of its new manufacturing facility in Faribault.

3 of the Fastest-Growing Inner-City Cos. Are in Mpls.

Based on their annual revenue growth rates over a five-year period, Minneapolis-based Atomic Data, Dero, and On-Demand Services Group made a list of the fastest-growing businesses that are located within core urban areas in the United States.
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