Best Buy is looking to roll out a new Teen Tech Center program this year in Minneapolis, Chicago, and Miami, and it's seeking local partners to support the initiative.
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HealthPartners, Medica, Blue Cross and Blue Shield of Minnesota, and UCare last year agreed to cap their 2011 profits from insurance coverage to low-income Minnesotans at an amount equal to 1 percent of revenue; they pledged to return the rest to taxpayers.
Jeffrey Graves succeeds William Murray, who became interim CEO after Laura Hamilton left in August as the company was being investigated for its export practices.
The company, which operates regional flights for Delta Air Lines and two other major carriers, will end some existing contracts and receive a loan from Delta to repay some of its debt and continue operations during its reorganization.
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The company, which operates regional flights for Delta Air Lines and two other major carriers, will end some existing contracts and receive a loan from Delta to repay some of its debt and continue operations during its reorganization.
The lawsuit claimed that Medtronic did not disclose to shareholders the adverse effects of its Infuse product, illegally marketed the product for uses not approved by regulators, and did not disclose to shareholders how much of the company's revenue from Infuse came from these unapproved uses.
The company, which was struggling with plummeting sales and legal issues several years ago, was turned around under the direction of CEO Marti Morfitt, who said that the Airborne brand will be retained, but its employees will not.
New food offerings at Target Field this year range from a baked potato bar to deep-fried pickle chips, and the expanded lineup of alcoholic beverages includes locally-produced craft beers and the Big Ginger cocktail, made with locally owned 2 Gingers Irish Whiskey.
Jeffrey Jones II succeeds former CMO Michael Francis, who left in October to become president of J.C. Penney Company; his appointment concludes a "comprehensive search" that included both internal and external candidates.
Lawsuits that attempt to claw back funds given to Minnesota Teen Challenge and the College of St. Benedict come at the same time the Minnesota Legislature approved a bill that would prohibit clawback actions involving charities and religious organizations after a two-year statute of limitations.
The Minnesota nonprofit will use the funding from venture philanthropy fund New Profit to pursue a plan to grow nationally and reach 20,000 students annually.
A consortium of local business and community leaders released an estimated breakdown of the millions of dollars that it says could be lost if a Vikings stadium deal is not reached. A bill for the stadium, meanwhile, has cleared its first legislative hurdle, although a provision regarding gambling has already received strong criticism.
Re/Max Results, which opened its first St. Cloud office last year, is strengthening its presence there through the purchase of Re/Max Realty Source.
The cuts are part of the company's previously announced restructuring and cost-cutting efforts tied to its $8.3 billion acquisition of Nalco Holding Company.
The approval comes more than 14 months after the Obama administration approved a waiver from the ethanol industry to increase the allowable limit from 10 percent to 15 percent.
Eco Eggs may look familiar, but don’t expect them to survive 3,000 years in a landfill.
In the heart of Minneapolis, a couple beekeepers are imagining a honey empire, 1960s style.
Through a major restructuring, the electronics retailer intends to reduce its corporate work force by about 8 percent and shutter 50 big-box stores this year. Meanwhile, it will add 100 new Best Buy Mobile stores in the United States and 50 new Five Star stores in China.
Dean Thomas Mengler wrote to U.S. News & World Report to express concerns about its decision to unrank the school from its "Best Law Firms" list, saying that the move serves as "a disincentive for law schools to promptly report mistaken or erroneous data."
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