The firm also named six new partners-all local wealth managers who came from Lowry Hill and will work out of the new office.
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Federal authorities have given permission for engineering work to begin on the downtown Minneapolis-to-Eden Prairie light-rail line and approved a route for the proposed Twin Cities-to-Duluth passenger train.
Urologix said that the deal is expected to bring total revenue up to between $18 million and $20 million for the fiscal year that ends next June; it reported sales of $12.6 million in its most recently completed fiscal year.
The Bork brothers allegedly orchestrated a $4 million mortgage fraud scheme that defrauded 24 area lenders.
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The Bork brothers allegedly orchestrated a $4 million mortgage fraud scheme that defrauded 24 area lenders.
St. Paul-based Luminosities, Inc., which does business as Windflame, was one of nine manufacturers and distributors to recall pourable gel fuels; in an unrelated matter, Manhattan Group, LLC, a Minneapolis-based toy maker, recalled about 3,300 wooden rattles due to a choking hazard.
The Minnesota Vikings announced its first partnership in the franchise's history with a hard-liquor company.
The folks behind the growing Artcrank poster show applied their skills to design a new limited edition line of Trek commuter bikes.
Medibotics received a patent for its Motion Recognition Clothing technology, which could create a new type of full-body video game controller. But the product isn't ready for the market, and the company is seeking investments and partnerships with manufacturers as it enters its next stage of product development.
Job vacancies are up more than 32 percent versus the same period a year ago, but the bulk of openings is for part-time or seasonal work.
A new ordinance requires all Minneapolis businesses to offer recycling.
The retailer reported a 4.1 percent increase in August sales, and plans to hire "thousands" in Canada in the years ahead.
The Star Tribune reports that cost of living in the Twin Cities has been rising this year, while Minnesota remains about 100,000 jobs short of where it was before the recession.
The electronics retailer has partnered with online game CityVille's developer-Zynga-to allow players to build in-game Best Buy stores.
Linda Tuttle-Olson, who operated a real estate closing company, was sentenced to 42 months in prison for allegedly stealing nearly $1 million from clients' escrow accounts.
Medtronic and NuVasive are reportedly accusing each other of infringing on their respective patents related to products used in surgeries.
The six division winners will present before the grand prize review board on September 8, when the overall winner will be named and awarded an additional $25,000, along with the coveted Minnesota Cup.
McLeod Bancshares, Inc., of Shorewood, received $6 million, and Redwood Financial, Inc., of Redwood Falls, got $6.4 million through the Small Business Lending Fund.
Dennis Pap, former owner of Parthenon Risk Partners, was sentenced to 41 months in prison for stealing about $1.8 million and depositing it into his own bank account for personal use.
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