Bloomberg reports that Oracle Corporation may outbid Infor and Golden Gate Capital's $1.8 billion offer for St. Paul-based Lawson Software.
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Minnesota's Republican Representative Chip Cravaack worries that the pending sale of Cirrus Aircraft to a Chinese government-controlled company will mean local job losses-but Cirrus CEO Brent Wouters said the deal will actually save jobs within the state.
Walter Investment will issue $765 million of new debt to acquire the equity of Green Tree, repay existing Green Tree debt, and pay fees and expenses related to the transaction.
The City of Minneapolis must decide whether to grant an exemption to Life Time Fitness, which doesn't offer domestic partner benefits to its employees-something that the city requires for its vendors that have contracts worth $100,000 or more.
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The City of Minneapolis must decide whether to grant an exemption to Life Time Fitness, which doesn't offer domestic partner benefits to its employees-something that the city requires for its vendors that have contracts worth $100,000 or more.
New high-end tenants include Armani Exchange, Stuart Weitzman, and Michael Kors.
The Star Tribune found that state and local subsidies given to businesses often fail to create the jobs that are promised-but officials contend that not giving them out would put Minnesota at a disadvantage given that other states do offer such incentives.
The lawsuit reflects widespread concerns about "robo-signing"-the act of signing off on mass-produced, computer-generated documents without reading them or verifying their accuracy in order to streamline the debt collection process.
A recent Star Tribune column points out that analysts have long forecasted Best Buy's demise, but the company continues to come out on top.
The chain plans to add at least 160 restaurants by 2015, although it hasn't disclosed a time frame for its ambitious long-term plans.
Entries are due May 20 for this year's seventh-annual contest, which will give out more than $150,000 in prize money across six award divisions.
A handful of fired Jimmy John's workers claim that their former employer committed unfair labor practices. The employer says his policies mirror those of other businesses in the industry, and the workers were fired for disbursing "defamatory, disparaging, and dishonest" posters.
The local ad agency has selected six interns from a pool of more than 400 applicants who together crafted thousands of tweets in an attempt to land a job.
The four co-owners aim to produce at least 4,700 barrels their first year-3,200 at the new brewery and more than 1,200 at a Wisconsin brewery that will contract brew and bottle Fulton's beer.
Investors claim to have lost $400 million on securities bought through Ameriprise subsidiary Securities America; an unnamed "source familiar with Ameriprise's thinking" told Reuters that the company might let the unit go under instead of bailing it out of millions in legal claims.
Marlon Quan and two companies with which he's affiliated allegedly funneled hundreds of millions of dollars to Tom Petters while taking in more than $93 million in fees.
The retailer joined 72 others in a pledge to shun gold from "irresponsible mining."
The company says gay rights activists canvassing outside its California stores are harmful to its business and it doesn't allow any solicitors on its property; the activists claim that they are exercising free speech.
The metro area ranked low among cities that Forbes claims are best for African American, Asian, and Hispanic businesspeople.