According to the Federal Reserve Bank of Minneapolis, banking conditions for the Ninth District are still historically weak, but asset quality, earnings, and liquidity improved in 2010 and will slowly continue to improve in 2011.
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George Buckley, CEO of Maplewood manufacturing giant 3M, told the Financial Times that manufacturers might shift production out of the United States because of the country's unfriendly business policies and immigration policy.
The first health clubs in the region will be in Qatar, and plans are underway to add additional locations in the Middle Eastern state and its neighboring countries.
The Rochester-based clinic saw 1,050,000 patients last year-almost double the 528,000 in 2009.
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The Rochester-based clinic saw 1,050,000 patients last year-almost double the 528,000 in 2009.
The medical device manufacturer said that its Mosaic heart valves are still going strong, 12 years after implantation.
According to recent state data, companies in the medical device and equipment, software, and biotechnology industries received more than half of the investments.
Cummins Power Generation plans to grow its employee base by an addition 200 employees in 2011 thanks to an extended agreement with the U.S. Army to produce a line of mobile power generators-which promoted the need for more jobs.
The company expects to grow its customer base in the region and is optimistic about eventually adding more jobs.
The company said that the technology can potentially be used to prevent complications during sinus surgery.
According to a recent study, 72 percent of Minnesota households have broadband service, a higher percentage than the national average of 67 percent; Minnesota also has more residents with access to higher-speed broadband service.
Darlene Miller-who worked her way up at Permac Industries and has led the company to national recognition-will work with the council's 25 other members to identify ways to bolster the nation's economy.
Prosecutors claim that Christi Rowan-the girlfriend of fallen auto mogul Denny Hecker-violated the terms of her release by cashing a dividend check and not disclosing it to the bankruptcy court.
The retailer's fourth-quarter earnings increased 10.5 percent on strong holiday sales and improvements in its credit card business.
The state and the City of Coon Rapids have both provided loans to the company, which is working toward commercializing a first-of-its-kind treatment for non-Hodgkin's lymphoma.
Alatus-a development company that owns Block E-said Tuesday that a "sophisticated, best-in-class gaming component" was being considered for the site, which has a 28 percent vacancy rate.
Minnesota banks collectively earned $207 million in 2010-up 127 percent from last year-as more banks in the state turned a profit.
Jeremey Parker of Texas admitted to hacking into the computer network of a Digital River subsidiary and wire transferring $275,000 to his bank account; he also hacked into NASA's computer system.
Only one of 20 major metropolitan areas studied-Washington, D.C.-saw an increase in home prices in December; prices fell 1.3 percent in the Twin Cities.