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MN Lawmakers Consider Bill to Tax Online Retailers

Governor Mark Dayton says that the tax would level the playing field between Minnesota's brick-and-mortar businesses and out-of-state retailers providing the same taxable products-but a trade organization argues that such a tax would ultimately result in a net loss to the state.

Lawson Confirms Unsolicited $1.84B Buyout Offer

The St. Paul-based enterprise software provider said that it has hired Barclays Capital to assist in evaluating the proposal and other possible "strategic alternatives" but insisted that there's no guarantee that a sale will occur.

Trooien Settles with Lender Over Loans

General Electric Capital Corporation and bankrupt real estate developer Gerald Trooien have reached an $87,500 settlement agreement over unpaid loans, which resulted in liens being placed against 29 of Trooien's properties.

Medtronic Spinal Product Not Approved by FDA

The medical device giant said that it is "in active dialogue" with the FDA to address issues with the Amplify product; an FDA panel last year gave the product mostly high ratings but noted a higher incidence of cancer in patients treated with it.
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