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MN Nonprofit in Running for $50K Innovation Prize

Twin Cities Rise! is one of 15 semifinalists selected from a pool of roughly 900 entries. It's recognized for its pay-for-performance model, through which the organization receives funding in exchange for meeting benchmarks and tracking participant success.

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3 More Locals Charged in Cook’s $194M Ponzi Scheme

Jason Bo-Alan Beckman, 41, of Plymouth; Gerald Joseph Durand, 60, of Faribault; and conservative radio show host Patrick Kiley, 73, of Burnsville allegedly worked with Cook to defraud investors through what they marketed as a foreign currency trading program.

Canterbury Aims to Recoup $3M Lost During Shutdown

The company-which resumed operations on Thursday-is looking at ways to make up the estimated $3 million that it lost during the government shutdown, including adding races, extending the racing season, and rescheduling Fourth of July festivities.

St. Jude to Cut 450 Jobs in Sweden, Move Some Mfg.

The Little Canada-based medical device company experienced a decline in U.S. sales within its cardiac rhythm management division during the second quarter; moving that division's manufacturing to Puerto Rico and Malaysia is expected to cut costs.

Sun Country Moves Forward Under New Ownership

The Davis family, Minnesotans who own Cambria Holdings and Davisco Foods, purchased the airline, which emerged from bankruptcy in February. An attorney representing the trustee in the Petters bankruptcy case, who oversaw the transaction, said that the involved parties sought to keep the price confidential, and declined to disclose the sales price.

Supervalu to Bring 250 Stores to ‘Food Deserts’

Company executives joined First Lady Michelle Obama on Wednesday at the White House to outline efforts to fight childhood obesity; Supervalu estimates that its new stores will provide better access to fresh fruit, vegetables, and meat for 3.75 million people and create up to 6,000 new jobs.

Angeion Appoints Gregg Lehman CEO

Gregg Lehman, who has served as interim CEO at the St. Paul-based company since May, will serve as the company's top executive on a permanent basis.

Mayo Clinic Ranks 3rd on Best Hospital Honor Roll

Johns Hopkins Hospital nabbed the top spot on U.S. News and World Report's "honor roll" for best hospitals, which includes just 17 hospitals from across the country. Several other Minnesota hospitals were recognized in individual categories.
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