Other

St. Jude Awarded $2.3B in Trade Secrets Case

A Los Angeles jury awarded the Little Canada-based medical device manufacturer $2.3 billion in conjunction with a lawsuit it filed against a former employee and the rival company that he founded.

Latest Articles

St. Jude Awarded $2.3B in Trade Secrets Case

A Los Angeles jury awarded the Little Canada-based medical device manufacturer $2.3 billion in conjunction with a lawsuit it filed against a former employee and the rival company that he founded.

TCF May Revamp Its Overdraft Fee Policy

TCF is testing a new overdraft policy in Michigan, and CEO Bill Cooper said that the company may roll out the program-which ditches multiple fees in favor of a single daily charge-nationally by the end of 2011.

ATK Loses Out on NASA Space Vehicle Money

NASA reportedly favored spacecraft designers over rocket builders like ATK when determining which firms would receive a portion of almost $270 million in federal funds supporting the development of commercial space vehicles.

3M Expands in Nashville, Korea

In two separate announcements made Tuesday, 3M unveiled the launch of a new company in Korea and a new manufacturing facility in Nashville, Tennessee.

MN Bankers’ Suits Allege Death Threats and Extortion

David Grzan claims his longtime employer and business partner created a hostile work environment and threatened his family, among many other accusations. In a countersuit, Steven Liefschultz, CEO of Equity Bank, says Grzan filed his lawsuit in order to defame and extort him.

Reports: Ameriprise Reaches $150M-$180M Settlement

Both Reuters and The New York Times reported that Minneapolis-based Ameriprise and its brokerage subsidiary have reached a preliminary agreement to settle claims from investors who lost money when two private placements they bought turned out to be frauds.

Kemps to Be Sold to Dairy Co-op

The dairy manufacturer's parent company has entered into an agreement under which Kansas City, Missouri-based Dairy Farmers of America, Inc., will become its 100 percent equity owner.
See More